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 ...
The inventory planning process in consumer packaged goods has followed a specific sequence for several years. The process ...
Inventory-to-sales ratios are at historic lows, stockouts are at historic highs, and workforce issues are widespread. Gaining visibility into your supply chain, including your own operations, is ...
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 ...
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 ...
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 ...
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’ ...
Tom Strohl is the President of Oliver Wight America's, a global business consulting firm specializing in Integrated Business Planning. Disruption is now a common, if not defining, characteristic of ...
While many high-tech companies are talking about putting vendor-managed inventory programs in place, Sun Microsystems Inc. has figured out how to pull it off. After more than two years of devising its ...
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 ...
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