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- Make the Most of Supply Chain Analytics
- Dell, Apple, your local grocery store -- all these companies share a common concern: supply chain management. From the initial forecast to final delivery, coordinating activities in a supply chain is a big challenge. But if you do it right, the ROI is huge. Usually the challenge boils down to...
- Blog posts 2007-07-25
- Planning for disaster:Keeping your supply chain safe
- September 11th sounded a wake-up call for global enterprises caught with kinks in their supply chain. There may be no sure way to plan for a disaster of that magnitude, but for business continuity, companies need to work on the things they can control. Now, a year later, companies around...
- White papers 2002-10-28
- Ten Commandments Thst Build Inventory e-Collaboration Success
- "Collaboration is the newest development in the use and application of the Internet for managing inventory. While it has become a very broad umbrella—covering engineering, buying and selling, inventory management and schedule synchronization—collaboration's most promising use is in inventory management and reduction initiatives. "
- White papers 2002-01-01
- Seasonality and Promotions as they Impact Inventory Management
- Products that exhibit seasonality can, if not handled properly, have a major adverse impact on inventory management and planning. Unless the forecast for these products recognizes and deals with the seasonality, the forecast will lag demand as the product enters its strong selling season, and it will just as seriously...
- White papers 2003-01-01
- Optimizing Economic Order Quantity (EOQ)
- Corporate goals and strategies may sometimes conflict with EOQ. Measuring performance solely by inventory turns is one of the most prolific mistakes made in the name of inventory management. Inventory models for calculating optimal order quantities and reorder points have been in existence long before the arrival of the...
- White papers 2003-01-01
- Is Your Inventory Spinning or Turning?
- Inventory management is a business process. Apply the same principles to process that to get to zero defects and double digit spins will follow. The path to high quality results is not a secret or magic and it works every time set expectations, measure results, find root causes when expectations...
- White papers 2002-01-01
- Calculating your Target Inventory Investment
- Most distributors spend a lot of time developing sales projections and budgets for expenses. Each month these forecasts are compared to actual sales and expenses. Budgets are good management tools. Unfortunately, few distributors maintain budgets and projections for what is probably their largest asset, inventory. It is critical to the...
- White papers 1997-01-01
- Optimized Inventory Management
- Inventory service, like other service components, retains customers when it performs well. But it "sends" customers to competitors when it doesn't. In this way inventory service goes beyond just retention. It captures competitors' customers when the company is quizzed due to those competitors' own poor inventory service. Superior inventory service...
- White papers 2003-01-01
- Management of your Inventory
- This article is about Sellers and Retailers who have a common goal that is to provide the right selection of products, producing maximum sales and profit. Inventory management ensures that you have the right product in stock for the right customer at the right time. Inventory management is the maintenance...
- White papers 2003-01-01
- Managing Inventory
- Devising an efficient system of counting and maintaining a stock of inventory items has long been an arduous task for many shop owners. But the old methods of cataloging by part or item numbers have all but disappeared since the proliferation of electronic catalogs and the use of computer software...
- White papers 2003-01-01
- Maximizing Profitability Through Inventory Management
- Changing the inventory mindset of employees and creating a system of benchmarking and accountability is not done overnight. Properly managing inventories is a battle businesses have long fought. Successful companies have found that employees committed to change combined with great customer service and optimum inventory levels, lead to great profits....
- White papers 2003-01-01
- Six Sigma Quality Management and Desirable Laboratory Precision
- There is a key issue relative to managing inventories at companies with multiple warehouses or stocking branches. The key advantage to having inventory decisions take place locally is that personnel are aware of local factors and upcoming events. They are in a position to anticipate special promotions that may be...
- White papers 2003-01-01
- Inventory Management
- The article talks about the A-B-C approach of inventory management that can be used to classify inventory items according to some measure of importance. Very often that measure is annual dollar volume, which is the product of unit cost for an item and its annual demand or usage. This approach...
- White papers 2003-01-01
- Inventory Management And Purchasing: Often Overlooked As A Profit Center
- The most important step to success is to establish the policy that will convert and treat the purchasing function as a profit asset center. Informing your business partners that you manage your purchasing/inventory functions as a profit center will further increase their respect for your dealership and offer another...
- White papers 2003-01-01
- Managing Your Inventory - Part 1 of 3
- The article says that the secret to success becomes maintaining the minimum stocking level necessary to meet the sales. This simple sounding goal has resulted in some of the most complex and expensive business software in existence. Most inventory management software is complex because it tries to do everything for...
- White papers 2003-01-01
- Profitable Inventory Management-Is This An Oxymoran?
- This article explores the methods of profitable inventory management that are being successfully used every day by thousands of corporations in supply chain environments. The benefits are being earned across the supply chain from manufacturer, distributor, supplier and ultimately the customer. It is called scientific inventory management. Read the article...
- White papers 2003-01-01
- The Optimizer : Creates New Highs and Lows
- This case study pertains to the inventory management system developed by Cummins Engine Co. in conjunction with a Chicago-based management-consulting firm. It says that during the eight-month trial period, the new approach decreased required inventory investment by 38% while increasing overall parts availability from 81% to 91%. Distributor management reports...
- White papers 2003-01-01
- Hot Potato : Inventory Management
- The past 10 years have not seen much improvement in reducing inventory levels. Rather than being eliminated, inventory has been pushed down from manufacturers to top-tier suppliers to lower-tier suppliers. This is a lose-lose proposition, and CIOs are looking to new technologies that can provide the information needed to eliminate...
- White papers 2003-01-15
- The Supply Chain Unplugged
- Although seemingly invisible, wireless technology is palpably poised to be the next "killer app" in supply chain management. Many diverse companies are using wireless applications — hand-held devices that stream information to and from remote corporate databases — in their inventory management plans. Each process — sourcing, procurement, order processing,...
- White papers 2001-05-01
- Supply Chain Reengineering: Improving Inventory Management And Customer Service Quality
- There are two critical yet conflicting issues related to the supply chains of modern organizations. The paper examines the study conducted at a major manufacturer of orthopedic products. Objectives of this study were to reduce the level of field inventory while simultaneously improving the customer service level. Companies would be...
- White papers 2003-01-01
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