Discover the different types of inventory costs and how they impact your business.
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Discover the benefits of using a dedicated inventory optimization and forecasting software to streamline your business operations, minimize stockouts, and maximize profits.
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Discover how to boost your business's cash flow by implementing effective inventory planning strategies.
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Discover how effective inventory management can significantly impact your business's profitability.
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Tags: inventory optimization, Inventory Planning Solutions, optimized inventory planning
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Tags: Forecasting Inventory, Inventory Planning Solutions, optimized inventory planning
New inventory planning technologies and the Cloud can provide just the right environment for better local and global planning.
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Tags: advanced inventory planning solutions, optimized inventory planning
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New Inventory Planning Technologies and the Cloud can Provide just the Right Environment for Better Global Planning.
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Foreword
In today’s dynamic business climate, companies are looking for simple ways to reduce waste and improve profitability. Going through many business cycles or phases faster than ever, new technology initiatives must be affordable, easy to implement, and have a high, measurable rate of return.
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Tags: Inventory Planning, Supply Chain, forecasting, inventory management, Inventory Planning Solutions, inventory forecasting
A more complex global environment is creating significant inventory challenges for manufacturing inventory planning. Manufacturing companies need to become more innovative and resourceful to compete in today’s global marketplace. Many manufacturers not only produce goods for other manufacturers, but they are also now selling their products directly to other manufacturers (B2B commerce) and even consumers (B2C commerce). The use of e-Commerce rising so dramatically has added more challenges for managing both production and finished goods inventories.
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Tags: Inventory Planning, Inventory Planning Solutions, Demand Forecasting
Your company’s mission is to be the best supplier of your products on the market today. Most companies define what that means in terms of serving the customer. Ecommerce has dramatically changed the way companies must serve their customer. For example, your customers can send you an order over the Internet or by calling and they will get a return confirmation promptly. You will ship all orders within 24 hours. You will offer a variety of products that is both broad and deep.
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Tags: Inventory Planning, SAP, NetSuite, Demand Planning, Spreadsheets, inventory management, Inventory Planning Solutions
This blog continues with the various financial/accounting measurements you can use. As stated previously, most small businesses use an ERP system from companies like SAP, NetSuite and Microsoft. But they fall short of providing inventory optimization and rationalization. Understanding and using some basic financial and accounting methods with an advanced inventory optimization solution will help get you there. It will also help keep you there.
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Tags: Inventory Planning, SAP, NetSuite, Demand Planning, NetSuite Demand Planning
Most small businesses use an ERP system from companies like SAP, NetSuite and Microsoft. But they fall short of providing inventory optimization and rationalization. Achieving a well-balanced, efficient inventory is no small task as supply chain complexity is ever increasing. How do you get there? How do you know when you have arrived? Understanding and using some basic financial and accounting methods with an advanced inventory optimization solution will help get you there. It will also help keep you there.
Inventory planning uses a wide range of variables and metrics, which generally include:
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Tags: Inventory Planning, SAP, NetSuite, Demand Planning, Supply Chain, Inventory Planning Solutions, NetSuite Demand Planning
The recent collapse of Silicon Valley Bank (SVB) is a rude awakening of the potential fragility of the banking system. Banks are a critical supply chain that both individuals and companies rely on heavily. This failure was followed by Signature bank which failed, several others did as well. Then there are serious problems which arose at First Republic Bank and Credit Suisse.
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Tags: Supply Chain Managment, Supply Chain, reports, Valogix, customer service
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Tags: Inventory Planning, SAP Business One, Forecasting Inventory, Valogix