Inventory Planning Blog

Inventory Planning - Easier Than You Think

Posted on Mon, Nov 28,2011@12:23 PM

Valogix Optimized Inventory SolutionsDid you know that certain inventory planning solutions are easier to use than ever? Until recently Small and Mid-size Businesses (SMB) did not have affordable, easy to use software tools to help them effectively manage and balance their inventory investment. Software solutions that forecast, plan and optimize an inventory are found in widespread acceptance in large enterprise companies but these solutions can cost between hundreds of thousands to millions of dollars, take months to implement and are generally not affordable or usable by SMBs.

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Tags: Inventory Planning, SAP, inventory optimization, Forecasting Inventory, optimization, cloud computing, NetSuite, Demand Planning, replenishment planning, Wholesale Distribution, Supply Chain, inventory management

Guest Blogger: Translectric, Inc. Talks about Inventory Optimization

Posted on Mon, Jan 10,2011@11:36 AM

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Tags: Inventory Planning, advanced inventory planning solutions, Demand Planning, replenishment planning, Wholesale Distribution, Translectric

Results of Using Inventory Planning and Optimization Solutions

Posted on Wed, Sep 08,2010@11:33 AM

In our final installment of our series on The State Inventory planning cashof Inventory Planning, we explore the results of inventory planning and optimization solutions.  Companies that implement these  solutions often find the results surprising.  Many thought their old Excel spreadsheets were doing a fine job, only to discover a whole new world of information at their fingertips, allowing them to make informed decisions that really do affect the bottom line! 


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Tags: Forecasting Inventory, advanced inventory planning solutions, optimization, Demand Planning

The State of Inventory Planning: Improving Replenishment Planning

Posted on Tue, Aug 31,2010@12:51 PM

In our fourth installment in our series, we explore ways to improve replenishment planning. 

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Tags: Inventory Planning, Forecasting Inventory, advanced inventory planning solutions, Demand Planning, replenishment planning

Inventory Ordering: Three Common Approaches

Posted on Wed, Aug 25,2010@12:10 PM

growing pennies 160x160How should a planner set the reorder point and reorder quantity (or order-up-to level) for thousands of items, perhaps at multiple locations? Due to the absence of an ‘intelligent’ planning system, three commonly used approaches have been Brute Force Review, Economic Order Quantity, and Periods of Supply, usually done in spreadsheets.

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Tags: Inventory Planning, Forecasting Inventory, Demand Planning, Supply Chain, reorder quantity, Brute Force Review, Economic Order Quantity, Periods of Supply

Inventory Forecasting: Beginning or End of the Planning Process?

Posted on Tue, Aug 17,2010@12:01 PM

Companies approach their inventory planning in many different forecast crystal ballways - from seat of the pants guessing, team collaboration, and  spreadsheets. More and more companies are using forecasts either developed in-house or off-the-shelf forecasting packages.

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Tags: Inventory Planning, Forecasting Inventory, Demand Planning, Valogix

The State of Inventory Planning

Posted on Wed, Aug 11,2010@12:05 PM

 

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Tags: Inventory Planning, Forecasting Inventory, Demand Planning, manufacturing

Are Your Inventory Planning Processes Cutting the Fat?

Posted on Wed, Jun 09,2010@09:56 AM

In this Sunday's Schenectady Gazette, Dean Poeth wrote in his Op Ed piece entitled, It's Not Easy Going Lean: Manufacturers must cut waste and inefficiency to survice financial debacle, "For a small manufacturer, [lean manufacturing] is not an option, it is a business imperative."  He likens the small manufacturer's fight to stay afloat to Rocky's championship fight strategy - simply stay on your feet and go the distance. 

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Tags: Inventory Planning, Forecasting Inventory, Demand Planning, manufacturing, Valogix

How Wholesalers Provide Value with Accurate Inventory Planning

Posted on Tue, Apr 27,2010@10:50 AM

What's getting in the way of providing customer value in wholesale distribution? Most often, it's the inability to balance stock levels with service levels. Hold onto too much inventory, and you end up paying for items that collect dust in the warehouse. Stock too little inventory and you won't be able to keep up with customer requests. Sometimes wholesale distributors end up with both problems: holding excess stock of items customers don't need.

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Tags: Inventory Planning, Forecasting Inventory, Demand Planning, IBM, Wholesale Distribution, SMB, Valogix

Partners Close Business Faster with Inventory Planning from Valogix

Posted on Thu, Apr 22,2010@10:58 AM

Orchestra Team LLC, a business technology provider for small and midsize companies (SMBs) in Oregon, Washington, and California has been an SAP reseller since 2008. In that brief time, they've finely tuned their sales process to include VALOGIX whenever a prospect is in distribution or carries any type of inventory and requires inventory planning. "VALOGIX® Inventory Planner is an integral component of our quote because it's so simple to use, carries such a high return on investment, and really helps give the prospect the vision of how the components will work together," comments John-Michael Davis, Director of Support at Orchestra Team. "VALOGIX helps us win the sale time and time again. When we don't include it in the initial quote, it's a great way to earn additional revenue as an installed base sale."

Most recently, they implemented VALOGIX to an existing customer who has been live on SAP for about a year. "Our customer, an importer of starch-based, biodegradable utensils, cups and other picnic wares, was at a point where they needed to add head count in order to keep up with their forecasting and replenishment processes. The manager travels extensively and was finding it a challenge to make good decisions because of lack of access to information," Davis adds. "She needed a system that gave her up to date information and was simple to understand. She needed a decision-making tool that provided her with information she knew she could trust."

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Tags: Inventory Planning, SAP, SAP Business One, Forecasting Inventory, Demand Planning, Orchestra Team, SMB, John-Michael Davis, Brad Windecker, Valogix