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Documents related to » scm inventory forecasting


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

scm inventory forecasting  Business—Service and Replacement Parts SCM ). It enables clients to reduce investment in stock while at the same time maintain or improve customer service levels. Given that most inventory optimization techniques work on the premise of stock items being in their prime time, the focus here rather is on the tricky effect of product life cycles on inventory. The motto time is money certainly holds true when it comes to inventory valuation. Well, maybe in a reverse (negative) manner, because typically Read More...
Capitalizing on Advanced Inventory Management
Today’s distributors have an opportunity to drive performance to new levels by investing in advanced inventory management. These companies can expect to

scm inventory forecasting  million dollars with Infor SCM Demand Planning—an ROI within one year. TODD FISCHER, VP AND CIO, ENDRIES Inventory accuracy at Endries improved so much after the application was implemented that the company no longer needed to do year-end inventory counts. Having 100,000 products in the warehouse makes it difficult to do a full cycle count, Fischer adds. TWL allows us to do cycle counts as we are running the business. Our accounting firms now do just samplings, and our accuracies are up around Read More...
Reference Guide to Supply Chain Management (SCM) Features and Functions
This guide to supply chain management (SCM) functions/features will help you determine which SCM features are a high priority for your organization. Learn about

scm inventory forecasting  Functions and Features   SCM functions and features, submodule #1: warehouse management system (WMS) Functionality This category includes the general warehouse management functionalities such as warehouse configuration, bin location and product setup, inventory control, license plate tracking, quality control, picking, packing and shipping, etc. Adaptability The adaptability module in SCM software covers business processes, decision support, and reporting. Warehouse management system (WMS) technology Read More...
Less Stock, More Profit: Inventory Optimization
Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI)

scm inventory forecasting  and Operations Planning | SCM | Simple Return on Investment | Small Business Inventory Control | Small Business Inventory Control Software | Small Business Inventory Software | Small Business Software | Solution Inventory | Standard Return on Investment | Strategic Supplier Relationship Management | Strategy Inventory | Supplier Management | Supplier Management Software | Supplier Relation Management | Supplier Relationship | Supplier Relationship Management | Supplier Relationship Management Process | Read More...
Inventory Management Technology Strategies for Distribution
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

scm inventory forecasting  Based Inventory Management | SCM Inventory Management | SCM Advanced Inventory Management | SCM Automated Inventory Management | SCM Business Inventory Management | SCM Distribution Inventory Management | SCM Effective Inventory Management | SCM Free Inventory Management Software | SCM Hardware Inventory Management | SCM Inventory Asset Management | SCM Inventory Control Management | SCM Inventory Cost Management | SCM Inventory Management Accounting | SCM Inventory Management Application | SCM Inventory Read More...
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

scm inventory forecasting  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. Read More...
Fixed Asset Inventory: A Guide to Getting Started
Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting

scm inventory forecasting  Asset Inventory: A Guide to Getting Started Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. However, the importance of tracking and managing fixed assets such as land, buildings, transportation, and manufacturing equipment is often overlooked. This white paper discusses best practices for fixed asset Read More...
Inventory and Lead Times - Understanding Decoupling Points
While inventory is necessary in manufacturing, most companies would like to reduce their inventory, but only if that did not cause problems. Managing inventory

scm inventory forecasting  and Lead Times - Understanding Decoupling Points While inventory is necessary in manufacturing, most companies would like to reduce their inventory, but only if that did not cause problems. Managing inventory according to decoupling theory is the most effective approach to reducing (the wrong kinds of) inventory without damaging service level—without increasing the risk of shortages that disrupt production (components and materials) and hurt customer service (finished goods). Read more. Read More...
Financial Forecasting and Planning Summit, London UK, June 2-3, 2011
Financial Forecasting and Planning Summit, London UK, June 2-3, 2011. If you''re interested in learning about the latest innovations in financial pl...

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Financial Planning, Budgeting, and Forecasting: Managing in Uncertain Economic Times
New economic conditions are driving companies to become increasingly cautious about the near future. But focusing on improving flexibility to dynamically

scm inventory forecasting   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

scm inventory forecasting  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...
What Your Refrigerator Can Teach You about Lean Inventory
A lean supply chain consists of two major components—lean manufacturing and lean distribution—which focus on satisfying customer demand efficiently, at the

scm inventory forecasting  Your Refrigerator Can Teach You about Lean Inventory A lean supply chain consists of two major components—lean manufacturing and lean distribution—which focus on satisfying customer demand efficiently, at the lowest cost, with the least amount of waste. But what if your replenishment strategy is your distribution center’s weakest link? To improve customer satisfaction and achieve efficiency and balance, your replenishment strategy must consider all the key variables. Read More...
Managing Inventory for Optimal Advantage: 10 Common Inventory Mistakes and How to Correct Them
If your company is “fighting fires” daily to meet customer demand, then you’re already losing customers and missing new sales. Today, business is conducted in

scm inventory forecasting  Inventory for Optimal Advantage: 10 Common Inventory Mistakes and How to Correct Them If your company is “fighting fires” daily to meet customer demand, then you’re already losing customers and missing new sales. Today, business is conducted in real time, which requires flexibility and responsiveness. It’s these two attributes—along with reduced costs—that are the most beneficial in managing for optimal inventory levels. Find out how you can better plan and manage your inventory for Read More...
Inventory Optimization
CatalystCommand Inventory Optimization and CatalystCommand Demand Management leverage data from existing ERP, transaction and POS systems to provide advanced

scm inventory forecasting  Optimization CatalystCommand Inventory Optimization and CatalystCommand Demand Management leverage data from existing ERP, transaction and POS systems to provide advanced functionality in the form of demand forecasting, automated supply analysis, inventory modeling, replenishment and distribution. The system analyzes historical data on supply and demand, taking into account seasonality, promotions, and lost sales, and then makes recommendations on how much inventory is needed and where it is Read More...

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