Discover how closed loop MRP systems optimize production planning and inventory control through dynamic feedback, enhancing ...
Sales, inventory and operations planning (SIOP) is process used for monitoring and upgrading a company's operating plan. It pulls all departments together to ensure that potential problems can be ...
When it comes to inventory planning and replenishment, companies and brands traditionally operate under a reactive model. Demand rises, so they increase production and output. Items run out of stock, ...
Market pressures can sometimes seem as if they fall out of the sky. If your business depends on having the right inventory at the right time, anticipating what you’ll need and when you’ll need it up ...
Due to the global disruption of the pandemic, heated discussions persist around moving from “lean” supply chains that only focus on cost and efficiency, to more resilient and agile supply chains that ...
When Amazon launched its free same-day delivery service in 2015, the question immediately arose: Would this buy customer loyalty? Ultimately, yes. Then consumers began to wonder what that meant for ...
Uncertainty was beyond question a certainty the last 18-24 months in a global market besieged by the onslaught of COVID-19, which is still hugging the corners of society. However, there were several ...
For any business, but most especially a small business, inventory loss can have a negative impact on the company's bottom line. Keeping track of your business's inventory and mitigating any potential ...
Editor’s Note: Tracey Smith is an internationally recognized business author, speaker and analytics consultant. She is the author of multiple books and hundreds of articles. Tracey has worked with and ...
I have long been puzzled by inventory policies that cause four-color titles to be printed in three-to-six-month quantities when every calculation I’ve ever seen suggests that printing 12–15 months’ ...
In today's fast-paced retail environment, the ability to seamlessly integrate inventory across all channels is not just a nice advantage, it's an absolute necessity — do or die, if you will. In the ...
The apparel brand is cutting stock levels as its supply chain speeds up, and as new planning and allocating systems come online. Like many in the apparel and retail world, Guess is trying to get more ...