Top 3 Inventory Management Concepts for Improvement in 2013
Failure is the opportunity to begin again more intelligently.” — Henry Ford
The Top Blogs of 2012 Became the Most Voted Areas to Improve in 2013. -Click To Open Each-
The most Ignored (and profitable) factors of Inventory Optimization are demand forecast accuracy, supplier constraints, and warehouse (or store) capacity. We explore critical and often overlooked components to Inventory Optimization.
True Inventory Optimization delivers profits by minimizing carrying and acquisition cost. We outline why Inventory Optimization performs poorly through Excel and highlight common problems.
Bad lead times cost dollars. While some vendors will tell you that Lead Time Forecasting isn’t important, we’re here to show you how it is absolutely critical to your profitability. Read on to see why.
Time is money – making poor Lead Time Forecasting a potential money pit for your business. Learn how you can improve your gross margin and increase your profits.
It’s hard to solve the problem that you don’t know exists. Supply Chain Visibility must provide real-time actionable insight to drive behavior changes and profitability in 2013.
Learn How to Become Demand Driven with Accurate Demand Forecasting
The success of Inventory Optimization and Supply Chain visibility ultimately depends on your use of an accurate Demand Forecast. We see in each of the 5 blogs that Demand Forecasting accuracy is central to the success of each process. Key industry analysts Gartner, IDC and AMR will increase their focus in 2014 on Demand Driven Retail, which requires accurate forecasting and End-to-End Supply Chain Visibility & Interaction. We believe the new opportunities for mid-tier retail and wholesale companies will continue to improve this year which is good for all of us.
Would you like to learn more about how we guide our clients into Demand Driven supply chains? Want to learn more about how we can deliver Inventory Optimization and Supply Chain Visibility in your company? Request a Demo, and we’ll show you a more effective way to Profit in your Data. You can ‘Tighten the Links in Your Supply Chain?™’ and start to see new profits in 90 days.
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