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Let the (Excess) Inventory Flow!
Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both

consignment inventory model  due to volume-based discounts, consignment inventories, returned goods, and so on. To rub salt into the wound, excess active inventory is arguably the most difficult life cycle category to get rid of. If it is still on the original equipment manufacturing (OEM) company's price list, it is often contractually price-protected, and creating channel conflict by selling off discounted inventory to competing wholesalers is categorically not an option. In addition to the price protection that precludes the use Read More
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Documents related to » consignment inventory model


Streamlining for Success: The Lean Supply Chain
When flexibility and speed are requisites for success, it’s the lean organization that leads the race. World-class manufacturing organizations know the value of

consignment inventory model  to an absolute minimum. Consignment Inventory QAD's consignment functionality allows inventory ownership to be recognized at the point of consumption with suppliers or customers. This makes processing less costly because inventory is received from suppliers as consigned goods, without actual transfer of title. The supplier maintains the consigned goods as finished goods inventory until a notice is generated that the inventory has been used. When a customer does not take title to material until it is Read More
Demand-driven Planning in Manufacturing
Cover-time planning (CTP) is a

consignment inventory model  each batch within the consignment contains single products in consumer packs, each identified by its bar code. Prior to this, customer orders are automatically received by dispatch and the shipment is scheduled when orders are entered into the system, since the warehouse module is populated with parameters, allowing it to divide and suggest how each order should be packaged (e.g. whole pallet, half pallet, etc.). As customers are able to use the Internet to place orders whenever they wish, the Read More
Supply Chain Planning - Issues for Continuous Chemical Companies
The continuous chemical industries typically share an objective of running at near 100% utilization. This and other realities yield unique requirements for a

consignment inventory model  at customers' and other consignment locations? Customer specifications - quality, packaging, and transportation Functionality to support sole sourced customers Long-term upstream scheduling with short-horizon finished product plans Production Reports addressing variable quality issues Variable scheduling horizons (de-couple packages & bulk) Rate based production (long batches) Tolling management and schedules Exchange agreements planning Handles flow rates from feedstock's to bulk (rail cars, barges) Read More
Overcoming Chemicals Industry Challenges through Optimization of Distribution and Inventory
For chemical companies, optimizing the distribution network and rationalizing inventories are the keys to an efficient supply chain and smoother operations

consignment inventory model  at customer and other consignment locations, with customer specifications of quality, packaging, and transportation, is also often required. Additional intricate features that the system should support include variable scheduling horizons (to decouple packaged from bulk material); rate-based production (long batches); the handling of flow rates from feedstock to bulk (rail cars and barges); pipeline versus on-hand inventory management; the modeling of unprocessed materials (including recycles and Read More
APICS 2009 Preview Webinar Series, Session 5: Managing Inventory in a Changing Economy
The 2009 APICS International Conference and Expo is starting next week in Toronto (Canada). One of the educational tracks is focusing on how to manage inventory

consignment inventory model  2009 Preview Webinar Series, Session 5: Managing Inventory in a Changing Economy The 2009 APICS International Conference and Expo is starting next week in Toronto (Canada). One of the educational tracks is focusing on how to manage inventory in a changing economy. As inventory is a challenging issue for all types of manufacturing organizations, regardless of industry. If an organization can manage its inventory without losing focus on demand and where its dollars are being spent, it may achieve its Read More
CAD Model Quality Testing
With 3-D computer-aided design (CAD) models taking on a broader and more significant role in the development of new products, CAD files must flow smoothly into

consignment inventory model   Read More
Inventory Management: 3 Keys to Freeing Working Capital
In times of economic uncertainty, you need to actively seek out best practices in how to adopt practical working capital optimization to improve financial

consignment inventory model  Management: 3 Keys to Freeing Working Capital In times of economic uncertainty, you need to actively seek out best practices in how to adopt practical working capital optimization to improve financial performance while maintaining customer satisfaction. Learn about the three key performance criteria that define best-in-class organizations, and how they’re making their focus within the supply chain on working capital—primarily by optimizing inventory management. Read More
Six Keys to Exceeding Expectations with Inventory Optimization Initiatives
Inventory optimization is a proven vehicle to gain competitive value through reduced inventory, freed-up working capital, and improved service levels. But

consignment inventory model  Keys to Exceeding Expectations with Inventory Optimization Initiatives Logility Voyager Inventory Optimization improves the performance of multi-echelon supply chains, releasing millions in confined working capital and providing a new level of confidence in every supply chain decision. Source: Logility Resources Related to Six Keys to Exceeding Expectations with Inventory Optimization Initiatives : Supply Chain Optimization (Wikipedia) Six Keys to Exceeding Expectations with Inventory Optimization Read More
Meet Sage Inventory Advisor in the Cloud
Sage recently announced the general availability of Sage Inventory Advisor, a new cloud forecasting and planning solution that integrates with Sage enterprise

consignment inventory model  Sage Inventory Advisor in the Cloud Sage recently  announced the general availability of Sage Inventory Advisor , a new cloud forecasting and planning solution that integrates with Sage enterprise resource planning (ERP) systems to provide companies with a daily diagnostic of inventory, reduce time spent on forecasts, and resolve the optimal investment required to achieve target fill rates. As a cloud-based subscription service, Sage Inventory Advisor should be fast to implement and accessible via a Read More
Best Practices in Demand and Inventory Planning for Chemical Companies
Supply chain planning involves functions such as demand forecasting and planning, distribution inventory planning, and plant capacity planning and scheduling

consignment inventory model  Practices in Demand and Inventory Planning for Chemical Companies Supply chain planning involves functions such as demand forecasting and planning, distribution inventory planning, and plant capacity planning and scheduling. The right mix of strategy, education, and systems can have a very high impact on a manufacturer’s overall operations—and ultimately its bottom line. Understand how supply chain functions such as demand and inventory planning can positively impact your company. Read More
16 Percent of BPM Seekers Agree with the SaaS Delivery Model
Recently, Rob Barry summarized some important points on the topic of delivering business process management (BPM) through the software-as-a-service (SaaS) model

consignment inventory model   Read More
Inventory Control Is Perhaps the Most Powerful Tool You Have for Containing Your Warehousing Costs
Your company's success is not only dependent on sales, but also on your company's ability to say,

consignment inventory model  Control Is Perhaps the Most Powerful Tool You Have for Containing Your Warehousing Costs Inventory Control Is Perhaps the Most Powerful Tool You Have for Containing Your Warehousing Costs Featured Author - Ren Jones - November 26, 2005 Originally published - November 15, 2003 Inaccurate Inventory Costs Plenty What asset do you have that is more valuable than your people? Inventory! Without it what business would your company be in? Year after year we try to get a handle on this thing called Read More
Managing Mountains of Inventory Data, Hexion Ensures Sustainable Growth and Profits
For thermosetting resins producer Hexion Specialty Chemicals, a portfolio of over 50,000 stock keeping units (SKUs) created unique supply chain efficiency

consignment inventory model  Mountains of Inventory Data, Hexion Ensures Sustainable Growth and Profits For thermosetting resins producer Hexion Specialty Chemicals, a portfolio of over 50,000 stock keeping units (SKUs) created unique supply chain efficiency challenges. Hexion needed better supply chain management—the key to sustaining growth and profits. In adopting Zemeter solutions, Hexion reduced inventory by more than 20 percent and increased margins—exactly what Hexion needed to stay competitive on a global scale Read More
Six Steps to Effective Inventory Management
You can take two approaches to inventory management: assume it’s a necessary evil and implement an inventory reduction program when cash gets tight, or put an

consignment inventory model  Steps to Effective Inventory Management You can take two approaches to inventory management: assume it’s a necessary evil and implement an inventory reduction program when cash gets tight, or put an active inventory management process in place, and continually improve the business results. Learn how to view inventory as cash that can be invested in other ways: move from reactive inventory management to lean and active inventory management in six easy steps. Read More

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