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Monthly Archives

December 2013

top-5-inventory-optimizations-you-voted-to-improve-this-year-how-did-you-doHottest Inventory Optimization Goals Set for 2013

As we close 2013, let’s review the 5 most popular areas that supply chain people said they wanted to improve. Our research and resulting blog released January 7 of 2013 highlighted 5 areas you said you wanted to improve; how did you do? What areas of your supply chain improved and what areas still have opportunity?

Top 3 Inventory Management Concepts for Improvement in 2013

The inventory concepts included inventory optimization (IO), lead-time forecasting (LT), and supply chain visibility (SC). Oddly, Demand Forecasting (DF) was not one of the top 5 improvement goals of 2013, but that changed dramatically during the year. Sign up for our free blog to learn why and how in a few weeks. Below we have attached the original lead stories for you to review. We will be releasing the most popular supply chain stories and topics of 2013 soon, but let’s review where we started at the end of 2012 to help us learn where we need to go next.

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The Little 2013 Holiday Demand Forecasting Mistake that Cost Thousands

Holiday sales kicked off to the slowest start since 2008 according to many reports. The lack of sales and margin is highlighting the bigger issue facing retail/ wholesale companies: old supply chain technologies and processes that no longer fit the customer demand buying patterns. The result of poor supply chain software and process is excess inventory. Your inventory has financial carrying cost and operational cost that together devour your company’s profits. Your excess inventory will lead to markdowns that lower gross margin and further decay your company’s profits. Maybe you are making the same little mistake that has driven others out of business…
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