Inventory Planning Blog

Incorporating a Value-Driven Inventory Planning Solution

Posted on Tue, Jun 07,2022@09:45 AM

There are some distinctions of business purchases, strategic and non-strategic. Strategic purchases are those that have a direct effect on the business and the bottom line. Non-strategic are those for everyday items like office supplies, travel, commodity items, etc. In the case of manufacturing companies, strategic purchases can be raw materials, production equipment, energy, skilled labor, computers, and business operating software.

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Tags: advanced inventory planning solutions, cloud computing, Demand Planning, forecasting, optimized inventory planning

Optimized Multi-Echelon Inventory Planning

Posted on Wed, Apr 06,2022@10:17 AM

ERP on-board inventory management software offers some inventory management, manufacturing, and purchasing capabilities. However, they are not deep in functionality and do not provide true inventory optimization algorithms. Some do have available multiple location capabilities but again depth and breadth of functionality is limited. Lots of manual work is required to make these systems work as needed.

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Tags: optimized inventory planning, Optimized Multi-Echelon Inventory Planning, inventory plannning