Inventory Planning Blog


Posted on Tue, Nov 02,2021@09:00 AM

Signs of a slowly improving global economy are starting to become apparent but far from robust. Consumers have a pent-up need to spend the cash they have amassed. But, production in the Far East is trying to catch up to this demand. Then, there is the massive shipping backlog and serious shortage of truck drivers. Experts suggest these adverse conditions could last well into late next year and possible the following year as well.

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Tags: Inventory Planning, inventory optimization

Inventory Planning Productivity a Critical Goal to Survive

Posted on Tue, Sep 07,2021@09:41 AM

Unique and unforeseen events are forcing every business manager to better analyze and utilize their resources. This includes capital, staff, facilities, vendors and more. Especially difficult as we emerge from the COVID lockdown is personnel. If you can’t add staff or find qualified people to fill open positions, you need to increase your existing productivity to compensate. And you need to do it fast. Want to do more inventory planning with the resources you have? Or maybe you need to move a person to another critical department but that would mean not being able to plan your entire inventory.

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Tags: cloud, inventory optimization, SaaS

Valogix and SourceDay partner to strengthen product companies’ supply, demand planning capabilities and enable growth for NetSuite users

Posted on Tue, Aug 03,2021@11:16 AM

Most product companies understand they have gaps in their supply chain data that hinder their ability to meet critical demand. One of the largest gaps lies between supply and demand planning and a company’s supplier network, making many companies hesitant to adopt supply and demand planning software within their ERP.

SourceDay’s latest partnership with Valogix, an advanced inventory planning software company, now bridges that gap for NetSuite users.

NetSuite holds the necessary data to make intelligent and actionable decisions for manufacturers, distributors and retailers. Valogix provides advanced intelligence in the supply chain of what companies need based on sales orders, forecasting, inventory, cancellations, etc. and automatically creates a purchase order (PO) within NetSuite to meet demand.

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Evolutionary Thought Process and Strategy in Inventory Planning

Posted on Tue, Jul 06,2021@08:44 AM

What COVID-19 has taught us is that change is constant, unforeseeable, and sometimes very disruptive.We need to take a moment to consider where we are and where we need to go. The future is coming fast. Change for change’s sake and the status quo are no longer relevant. In fact, these attitudes are detrimental. Smart innovativethinking and planning are the new norm.

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Tags: Supply Chain

Inventory Planning & Optimization Solution a Key to Inventory Mgmt

Posted on Tue, Jun 08,2021@09:18 AM

Valogix Customers Tell Their Story During COVID – Part 2

Inventory planning is going through a dramatic upheaval due to COVID-19. Moving forward in time, each new history month provides one more piece of data to help determine the direction of things and how it may vary across your products. Each day/week/month things are changing. Your sales and management team may have further insight to where your immediate customers think things are going. Management may have to curb spending. Things may have happened to your competition that impact your stocking strategy. The end result of your analysis should be an inventory plan or strategy, so that you can best decide how to use the tools you have available.

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Intelligent Inventory Planning Solution Helps Lead Through COVID-19

Posted on Tue, May 04,2021@07:45 AM

The COVID-19 Pandemic is presenting a serious challenge when it comes to inventory forecasting, planning and replenishment. Cases range from plummeting sales and closed businesses to unprecedented peak sales, to extended lead times, to short or unavailable stock and raw materials. Further, the general consensus at the moment, is that the immediate impact as described above will be followed by either an upturn or return to more normalized levels and a gradual return to available stock. Then, there is the unknown question of if the virus will return in the fall/winter and what kind of impact will be felt then.

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Tags: replenishment planning, web based inventory planning, forecasting software,

Challenges when you need to combine MRP & DRP Inventory Planning

Posted on Tue, Apr 06,2021@05:08 PM


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Tags: Inventory Planning, in the Cloud, advanced inventory planning solutions, cloud computing, web based inventory planning

Customer inventory demand growing and supply gains becoming complex

Posted on Tue, Mar 09,2021@08:52 AM

Customers are holding suppliers and retailers’ feet to the fire. They want items in-stock and shipped fast and on-time. Effective and efficient supply chain inventory planning teams are critical to meet the ever-increasing demands of customers. Teams are gearing up to meet the company goals and ways to achieve deliver service excellence. There is a dizzying array of solutions and methods companies employ to manage their supply chain hoping to manage their unique challenges.

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Tags: Inventory Planning

Valogix Optimized Inventory Planning Customers Speak Out

Posted on Tue, Feb 02,2021@09:45 AM

Here are some of our customers talking about the increased inventory performance and control they have with VALOGIX Inventory Planner.

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Tags: advanced inventory planning solutions

2020 Elections, COVID-19, Supply Chain Challenges Inventory Planning

Posted on Tue, Jan 05,2021@10:45 AM

Optimized Inventory Planning post 2020
What a triumvirate!

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Supply Chain in the Cloud Recap

Posted on Tue, Dec 08,2020@10:31 AM

Customers will always demand more of suppliers to provide affordable products at the exact moment they want them. How can you effectively insure you have what your customers need when they need it?

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Tags: cloud computing, Supply Chain

Aftermarket Service Parts Planning Concepts Pt. 1

Posted on Tue, Oct 06,2020@06:45 AM

stamp-114438_1920Aftermarket service or spare parts inventory management is a prime candidate for advanced inventory planning software. With many diverse parts to manage and a lack of power tools, most companies with parts inventories have too many of the wrong parts. The result is unnecessary inventory expense, while still suffering service-limiting stock-outs.

Manual efforts to improve this situation fail, because of the time-intensive nature of the problem. A large number of parts, each with special considerations, quickly bog down someone trying to improve the parts purchases.

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Tags: inventory optimization, SPARE PARTS INVENTORY PLANNING

Inventory Forecasting Overview Part 2

Posted on Tue, Sep 08,2020@12:39 PM

The Part One of Inventory Forecasting covered an overview to inventory forecasting and the techniques available. This post continues to review the approaches to inventory forecasting.

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Tags: Forecasting Inventory

Inventory Forecasting Overview Part 1

Posted on Tue, Aug 04,2020@10:29 AM

This blog post provides some basic information about viable inventory forecasting techniques. Forecasting is one of the key steps in inventory planning but not the only one. There are other key variables and processes that come into play in good supply chain replenishment planning including inventory rationalization and optimization.

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Tags: inventory forecasting

Why Inventory Optimization Algorithms Are Important

Posted on Tue, Jul 07,2020@08:15 AM

Complexity around the world due to social, medical and confrontational disruption seems to be the new norm. Serious viral infections have been on the rise for many years and will be with us forever. Now, is the time to advance the state of your inventory planning by incorporating solutions based on scientific inventory optimization algorithms.

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Tags: inventory optimization