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Documents related to
Inventory Management Technology Strategies for Distribution
Your Challenge: Get Decision Makers' Approval for Inventory Management Technology Strategies for Distribution .Specific, Measurable, Achievable, Relevant and Time-Bound. Inventory has been—and continues to be—the lifeblood of the distribution marketplace. While many companies are slow to adopt new strategies and technologies, a growing number of distributors are leveraging inventory practices to improve key metrics like customer retention, gross margins, and inventory turns. Read these research survey findings to find out how you can make better inventory management technology decisions.
: service levels and collapse order to delivery times. An emerging pressure for improving inventory processes is the complexity caused by increased global sourcing and selling. Figure 3 shows the strategic actions that distribution companies are taking to improve their inventory management practices. Companies are prioritizing their approach with the intention to optimize how much and where to hold inventory across the network. Six out of 10 companies are also focusing on improving forecasting accuracy in o
3/10/2008 9:13:00 PM
Achieving Effective Inventory Management
Achieving Effective Inventory Management. Read White Papers and Other Software for Your Evaluation and for Achieving Effective Inventory Management. In today’s competitive business environment, wholesale distributors face critical factors that directly affect customer satisfaction and profit margins. These challenges, combined with customer demands for product availability, can conflict with operational goals of increasing inventory turnover and minimizing costs. However, business automation software can deliver sophisticated distribution capabilities designed to help you with these important business issues.
: item on a purchase order is late by a specified number of days Backordered inventory is received into a particular warehouse Reporting & Analysis Sage MAS 500 provides a powerful report definition front-end for all business reports. Users can build and save countless report settings to define which data to include in reports and how that data should be sorted in the report. For example, the Inventory Stock Status Report can be sorted by warehouse, item, purchasing unit of measure, and purchase product lin
2/16/2007 2:11:00 PM
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.
: and promotional items, bigger order sizes 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
Inventory (Out of) Control
In a market as competitive as the chemicals industry, providing high quality products to clients quickly and efficiently while meeting the rigorous regulations enforced on chemicals from formulation to shipment is no easy feat. Many companies struggle with sales forecasting and maintaining and tracking inventory. Many chemical manufacturers are turning to enterprise resource planning (ERP) software systems to add business-wide visibility to inventory control and reduce costly downtime.
: (Out of) Control style= border-width:0px; /> comments powered by Disqus Related Topics: Enterprise Resource Planning (ERP) Related Industries: Chemical Products Related Keywords: Deacom ERP, chemicals industry, tracking inventory, inventory, sales forecasting, enterprise resource planning, ERP Source: Deacom Learn more about Deacom Readers who downloaded this white paper also read these popular documents! Extending BI’s Reach: Anticipate Outcomes, Forecast Results, and R
10/2/2013 2:37:00 PM
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. They must also resolve the challenges posed by environmental regulations and the need for seamless data integration.
: way to fulfill the order (whether from existing inventory, planned production, or alternate sourcing locations). Furthermore (principally in specialty chemicals), customer service is increasingly becoming the differentiating lever, since beyond the trend toward consignments or vendor-managed inventories (VMI), customers are demanding services that go far beyond mere delivery and replenishment. For instance, a sanitation chemicals maker might sell, procure, manage, and ultimately dispose of its products on
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.
: for Reducing Inventory style= border-width:0px; /> comments powered by Disqus Related Topics: Inventory Management, Manufacturing Execution System (MES), Operations Planning, Supply Chain Management (SCM), Demand Management Source: Demand Management Inc. Learn more about Demand Management Inc. Readers who downloaded this white paper also read these popular documents! Extending BI’s Reach: Anticipate Outcomes, Forecast Results, and Respond Proactively How to Use Projects to Master
9/23/2009 4:06:00 PM
Case Study: Campbell Soup Company
After expanding its product lines and accelerating product roll-outs, the Campbell Soup Company needed to align demand forecasting and supply chain planning with its new, more dynamic business model. Learn how the company’s new solution helped it improve inventory forecasting, adapt to day-to-day changes in demand, enhance long-range production planning and risk management, and spend more time on strategic activities.
: Campbell Soup Company style= border-width:0px; /> comments powered by Disqus Related Topics: Risk Management, Customer Service and Support, Forecasting, Inventory Management, Production Planning, Supply Chain Management (SCM) Related Keywords: QlickView, risk management, inventory management, business inventory management, production planning, inventory management systems, demand forecasting, inventory management system, supply chain planning,
6/2/2010 3:36:00 PM
Talent Supply Chain Management: An Alarming Look at the Mismatch between Talent Strategies, Processes, and Corporate Objectives
An Alarming Look At The Mismatch Between Talent Strategies, Processes, and Corporate Objectives. Download IT Guide on Talent Strategies, Processes and Corporate Objectives. A survey of professional services firms shows a serious disconnect between the desired operational state of the firms and their current ability to achieve that state. But firms are recognizing that automating resource planning and management, including human or talent resources, is crucial to continued success. Learn more about how to improve the management of your talent inventory to improve service-line profitability.
: service line profitability in order to ensure the acquisition, development, retention, and integration of talent pools drives firm success. Active search for areas of possible improvement over the management of the talent inventory that will positively impact the firm s ability to improve service-line profitability while decrease operational inefficiencies. The nature of these trends seems to suggest that service firms are beginning to identify a need to treat the talent inventory with supply chain-like
4/28/2008 3:08:00 PM
Standard Benchmark on Hewlett-Packard ProLiant Servers
Standard Benchmark on Hewlett-Packard ProLiant Servers. Get Information and Other Software to Define Your Evaluation Related to Standard Benchmark on Hewlett-Packard ProLiant Servers. In August 2006, Microsoft conducted a Microsoft Dynamics AX 4.0 standard distribution benchmark to measure the performance and scalability characteristics of the application in a simulated distribution scenario. This benchmark exercised core accounts receivables scenarios around order entry through invoicing, in addition to procure-to-pay processes around purchase order creation through receiving of goods. We look at the methodology and results.
: accounts receivables scenarios around order entry through invoicing, in addition to procure-to-pay processes around purchase order creation through receiving of goods. We look at the methodology and results. Standard Benchmark on Hewlett-Packard ProLiant Servers style= border-width:0px; /> comments powered by Disqus Related Topics: Enterprise Resource Planning (ERP), IT Infrastructure and Development, Application Servers Source: Microsoft Learn more about Microsoft Readers who downloaded
10/20/2006 2:43:00 PM
How Better Inventory Planning Can Unlock New Profit Potential for Distributors
Distributors increasingly play a value-added role in the supply chain. To remain competitive, they must rapidly react to the slightest changes in demand. But current forecasting techniques and the tools most distributors use don’t allow the needed long-term visibility. Discover how new solutions for demand planning can address the challenges of forecasting, and reduce obsolescence and the cost of inventory investment.
: Potential for Distributors style= border-width:0px; /> comments powered by Disqus Related Topics: Supply Chain Management (SCM), Demand Management, Advanced Planning and Scheduling (APS), Forcasting and Planning, Inventory Analysis and Planning, Supply Chain Optimization, Distribution and Warehousing, Warehouse Management System (WMS) Source: Infor Learn more about Infor Readers who downloaded this white paper also read these popular documents! Extending BI’s Reach:
3/28/2008 10:42:00 AM
shoutout-inventory-mgmt-graph-464-pixel.png » The TEC Blog
shoutout-inventory-mgmt-graph-464-pixel.png » The TEC Blog TEC Blog TEC Home About TEC Contact Us About the Bloggers Follow TEC on Twitter RSS Discussing Enterprise Software and Selection --> Fast, Accurate Software Evaluations TEC helps enterprises evaluate and select software solutions that meet their exacting needs by empowering purchasers with the tools, research, and expertise to make an ideal decision. Your software selection starts here. Learn more about
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