Inventory Planning Blog

Incorporating a Value-Driven Inventory Planning Solution

Posted on Tue, Jun 07,2022@09:45 AM

There are some distinctions of business purchases, strategic and non-strategic. Strategic purchases are those that have a direct effect on the business and the bottom line. Non-strategic are those for everyday items like office supplies, travel, commodity items, etc. In the case of manufacturing companies, strategic purchases can be raw materials, production equipment, energy, skilled labor, computers, and business operating software.

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Tags: advanced inventory planning solutions, cloud computing, Demand Planning, forecasting, optimized inventory planning