Inventory Planning Blog

Keeping your Customers Satisfied with Optimized Inventory Planning

Posted on Tue, Feb 02,2016@09:30 AM

Your Customers are Happy with Optimized Inventory Planning

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Tags: MRP

Synchronized Inventory Planning

Posted on Mon, Oct 05,2015@09:30 AM

Economies and subsequent demand for products is constantly changing and evolving. However, not all aspects of technology are moving as fast as these changes. One prime example is how inventory replenishment needs are calculated. Yes, there are dozens and even hundreds of applications and processes for all types of planning needs. These include: 
  • MRP for manufacturing
  • DRP for Distribution
  • Promotional Planning for Retail
  • Parts planning for MRO and Aftermarket Service Parts 

Individually, these solutions may do a good job of managing a specific inventory need but today businesses have morphed into multi-faceted, multi-customer facing companies. At the start or top is manufacturing, which feeds all other outlets like distribution and retail.

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Tags: MRP, SPARE PARTS INVENTORY PLANNING, DMRP

Enhancing the MRP Process and Inventory Planning

Posted on Tue, Sep 10,2013@11:00 AM

MRP, demand planning, inventory planning, inventory optimization ValogixThe basic purpose of Material Requirements Planning (MRP) is determining how much of which products needs to be either manufactured or purchased based on it being a component or ingredient of another item. MRP also determines when the product is required. Every item can have either Independent Demand or Dependent Demand.

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Tags: Inventory Planning, inventory optimization, Demand Planning, MRP