Discover an affordable, seamlessly integrated inventory planning optimization solution to SAP Business One for small and midsize businesses. A solution that frees up your resources (including cash), reduces losses from obsolescence, and increases service levels. The tools you need to forecast, plan, and optimize inventory, manage your business more efficiently and meet the demands of customers and suppliers are powerful and affordable.
Inventory Planning Blog
Tags: Inventory Planning, SAP, SAP Business One, inventory optimization, Forecasting Inventory, advanced inventory planning solutions, cloud computing, Demand Planning, replenishment planning, Wholesale Distribution, Supply Chain, Partner Awards, Valogix, inventory management
Happy New Year! 2012 brings the promise of improving global economies. Balancing short term resilience with longer term needs is what is needed now. Reducing costs, buying less, increasing productivity, improving cash flow is important, and to keep these inventory objectives balanced and in perspective you need an efficient way to optimize these important business demands. Improve your competitive advantages responsibly and efficiently with inventory planning optimization solutions. Waiting until its too late in your ordering cycles will invite your customers to investigate other opportunities, and that can happen by making the reduction of the wrong item at the wrong time.
If your company tends to reduce items with the highest investment because it creates a larger reduction faster, what it actually does is creates potential stock outs, higher backorders and increased expedited shipping – and, even more importantly, customer dis-satisfaction. We all know that when customers are unhappy they become former customers. Randomly cutting inventory has been proven time and time again to be the wrong strategy as does overstocking your inventory.
Tags: Inventory Planning, SAP Business One, cloud, inventory optimization, SaaS, Forecasting Inventory, advanced inventory planning solutions, replenishment planning, IBM, Wholesale Distribution, Supply Chain, manufacturing
Investing in smart solutions that improve your inventory planning is an important business decision and necessary in today’s global and troubled economy. Sometimes the concept of spending money to save money is very hard to accept. There are no guarantees the investment will pay off, so there is some level of risk involved. But, is it any riskier to do nothing? To maintain the status quo?
There are many reasons or excuses for not upgrading to a modern, easy to use advanced inventory tool.
Which Category do you fall in?
Is your company taking advantage of the tax legislation signed into law last December? If you're not, you're not alone.
Combining these tax incentives with business and inventory optimization systems, companies are provided a rare and short-lived opportunity to boost after-tax profits while reinvesting and growing their businesses. These incentives expire at the end of this year, so don't wait any longer!
On Thursday, June 30 at 2:00pm EST, join experts from KPMG, Aberdeen Group, Valogix and EntryPoint Consulting as they discuss how to use these current tax incentives to boost your bottom line.
The expert panel includes:
Nick Canitano, Managing Director - Tax Services at KPMG:
How to use the tax, accelerated depreciation and other business benefits of the legislation to your advantage.
Rich Vaccaro, President & CEO at Valogix:
How inventory planning and optimization can produce up to a 20% reduction in inventory to free up capital.
Kevin Prouty, Research Director - Enterprise Applications at Aberdeen Group:
Hard-hitting analysis on the performance of Best-in-Class technology adopters vs. industry average and laggards including recommended actions.
Pete Martin, President & CEO at EntryPoint Consulting:
Pulling it all together by illustrating how business incentives, combined with inventory/supply chain optimization and investments in new business systems in 2011, can produce an after-tax positive cash flow.
This is a once in a lifetime opportunity to learn how investing in your business can actually produce a near-term, after-tax positive cash flow. Don't believe it? Attend this free webinar and we will prove it to you. You've got nothing to lose! Space is limited so register today.
Ever hear the phrase, "time is money?" Well, time is money and spending time counting widgets and updating them on your spreadsheet is costing you a pretty penny (or many, many pretty pennies). And what's worse, it's not possible to update every single item on your spreadsheet (even more impossible if you have several locations), meaning your data is out of date and you most likely have dead AND excess stock - costing you even more.
In our final installment of our series on The State of 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!
In our fourth installment in our series, we explore ways to improve replenishment planning.