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Documents related to » inventory lifecycle metrics


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 the inventory and dollars flying out the door. There should be smarter ways of handling this problem.

INVENTORY LIFECYCLE METRICS: Let the (Excess) Inventory Flow! Let the (Excess) Inventory Flow! P.J. Jakovljevic - January 26, 2007 Read Comments The conundrum of inventory management and the notion of inventory as a necessary evil (or the asset versus liability dilemma) have long been haunting and bedazzling operations and financial and accounting managers. It is a well-known fact that managing inventory risk is about managing the cost of maintaining unnecessarily high levels of inventory against the risk of running out of stock
1/26/2007

Lean Inventory by the Numbers
Getting lean is not a simple task; it requires an aggressive, iterative approach to examine complex tradeoffs. And given the number of variables that characterize a distribution center (DC) and its constituent stock keeping units (SKUs), performing this type of analysis without using the right tools can be daunting—if not impossible. Find out how a tool-based approach can make getting lean easier.

INVENTORY LIFECYCLE METRICS: Lean Inventory by the Numbers Lean Inventory by the Numbers Source: Chiron Technologies, Inc. Document Type: White Paper Description: Getting lean is not a simple task; it requires an aggressive, iterative approach to examine complex tradeoffs. And given the number of variables that characterize a distribution center (DC) and its constituent stock keeping units (SKUs), performing this type of analysis without using the right tools can be daunting—if not impossible. Find out how a tool-based approach can
2/13/2008 3:55:00 PM

Fixed Asset Inventory Best Practices
Fixed Asset Inventory Best Practices. Read Articles and Other Software to Delineate Your Evaluation of Fixed Asset Inventory. Asset management cannot be successfully implemented by your accounting department alone (or any other single department). That’s why you should be on top of today’s asset management climate and the tools available to improve controls. Learn about approaches that are getting results, and find out what doesn’t work (and why). Finally, get the lowdown on best practices which have proved both effective and durable.

INVENTORY LIFECYCLE METRICS: Fixed Asset Inventory Best Practices Fixed Asset Inventory Best Practices Source: Asset Systems Document Type: White Paper Description: Asset management cannot be successfully implemented by your accounting department alone (or any other single department). That’s why you should be on top of today’s asset management climate and the tools available to improve controls. Learn about approaches that are getting results, and find out what doesn’t work (and why). Finally, get the lowdown on best practices
10/12/2007 3:32:00 PM

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 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.

INVENTORY LIFECYCLE METRICS: Six Steps to Effective Inventory Management Six Steps to Effective Inventory Management Source: RockySoft Corporation Document Type: White Paper Description: 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
6/22/2009 1:45:00 PM

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. 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.

INVENTORY LIFECYCLE METRICS: Practices in Demand and Inventory Planning for Chemical Companies Best Practices in Demand and Inventory Planning for Chemical Companies Source: Aptean (CDC Software) Document Type: White Paper Description: 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
5/11/2010 11:43:00 AM

Unlocking Working Capital: Best Practices for Reducing Inventory
Two-thirds of the 400 survey participants in a 2007 Aberdeen report about inventory management place a high priority on working capital optimization. Many companies are reconsidering their business strategies, including implementing appropriate technology platforms that help automate supply chain processes. Learn about cost-effective and practical ways to reduce inventory so that working capital can be released.

INVENTORY LIFECYCLE METRICS: Best Practices for Reducing Inventory Unlocking Working Capital: Best Practices for Reducing Inventory Source: Demand Management Inc. Document Type: White Paper Description: Two-thirds of the 400 survey participants in a 2007 Aberdeen report about inventory management place a high priority on working capital optimization. Many companies are reconsidering their business strategies, including implementing appropriate technology platforms that help automate supply chain processes. Learn about cost-effective
9/23/2009 4:06:00 PM

Information Lifecycle Management: A Perspective
A new trend is emerging in the world of storage management, and it’s called information lifecycle management (ILM). Just what it is, however, varies significantly from vendor to vendor. Generally, ILM is a strategy for policy-based information management. Its mandate: to provide centralized management of all information assets, aligning storage resources with the value of the data residing in them.

INVENTORY LIFECYCLE METRICS: Information Lifecycle Management: A Perspective Information Lifecycle Management: A Perspective Source: CaminoSoft Document Type: White Paper Description: A new trend is emerging in the world of storage management, and it’s called information lifecycle management (ILM). Just what it is, however, varies significantly from vendor to vendor. Generally, ILM is a strategy for policy-based information management. Its mandate: to provide centralized management of all information assets, aligning storage
1/4/2007 4:30:00 PM

Product Lifecycle Management: Expediting Product Innovation
The highly competitive product manufacturing market makes true product lifecycle management (PLM) inevitable. PLM helps companies map product requirements to features, obtain control over product data, preserve product knowledge assets, and enter into the new paradigm of modular product development.

INVENTORY LIFECYCLE METRICS: Product Lifecycle Management: Expediting Product Innovation Product Lifecycle Management: Expediting Product Innovation R. Nagarajan - September 2, 2009 Read Comments For a design team, a loosely stated requirement is often misleading. That s why it is important to capture requirements in a structured manner—in a requirements database maintained by requirements managers—before they are passed along to the product development teams. The role of the requirements manager may not exist in the current
9/2/2009

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 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

INVENTORY LIFECYCLE METRICS: Managing Mountains of Inventory Data, Hexion Ensures Sustainable Growth and Profits Managing Mountains of Inventory Data, Hexion Ensures Sustainable Growth and Profits Source: Supply Chain Consultants (SCC) Document Type: Case Study Description: 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
8/15/2007 2:41:00 PM

6 HR Metrics No Executive Should Be Without
In an economic climate characterized by cost-cutting and increased regulatory requirements, HR faces growing demands to communicate the value it creates in ways that CEOs can better appreciate. That means moving away from soft measurements such as “improvements” and adopting quantifiable metrics similar to those executives use to monitor the overall business. Meaningful HR metrics can include things such as recruitment costs, employee retention rates, and employee satisfaction metrics. With such metrics in hand, HR is better able to deliver additional value, savings, and increased productivity to the business. Read this white paper to learn more about the benefits of using BI tools to deliver strategic metrics to HR.

INVENTORY LIFECYCLE METRICS: Ultimate Software, HR, human resources, business intelligence, BI, HCM metrics, BI reporting, business strategy, HR metrics, HRMS, employee retention, employee satisfaction, human capital management.
5/23/2013 10:25:00 AM

Furniture Manufacturer Improves Inventory Accuracy by 85 Percent with RFID-capable WMS
Fraenkel Company is an employee-owned manufacturing distributor of household furniture and related products and services. The company created a sophisticated in-house ERP system in the early 1990s. However, homegrown software can be unwieldy to maintain and difficult to upgrade. In 2001, Fraenkel saw a solution that offered more advanced capabilities, and implemented VAI’s S2K Enterprise Edition for Manufacturing.

INVENTORY LIFECYCLE METRICS: Furniture Manufacturer Improves Inventory Accuracy by 85 Percent with RFID-capable WMS Furniture Manufacturer Improves Inventory Accuracy by 85 Percent with RFID-capable WMS Source: VAI Document Type: Case Study Description: Fraenkel Company is an employee-owned manufacturing distributor of household furniture and related products and services. The company created a sophisticated in-house ERP system in the early 1990s. However, homegrown software can be unwieldy to maintain and difficult to upgrade. In
4/23/2007 4:29:00 PM


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