July 19, 2017

In the modern supply chain, forecasting is necessary for companies that manufacture items for inventory and that are not made to order. Manufacturers will use material forecasting to ensure that they produce the level of material that satisfies their customers without...

July 19, 2017

How supplier management optimizes your supply chain.

One of the nuances of supplier relationship management (SRM) involves implementing a 360-degree view of the overall SRM process.  As supply chain managers, we sometimes think that our inherent leverage is that we are...

July 19, 2017

Prepare your supply chain for pre and post-M&A activity.

Of all the business functions at your company, supply chain’s potential impact in a post M&A environment can be one of the most significant.  But to optimize supply chain’s impact, you need to prepare well before...

July 19, 2017

Logistics executives must periodically re-evaluate the locations of their distribution centers (DCs) to minimize shipping costs. A network strategy worked out four years ago, when fuel was three dollars per gallon, might not be the best strategy now when fuel costs are...

July 19, 2017

Production Planning

Production Planning and Master Scheduling are sometimes combined depending on the company and their available resources but they have very distinct and differing responsibilities. The main difference is that production planning works with MRP planned...

July 19, 2017

Adjusting business operations to account for customer demand is a basic requirement of any business that wants to compete in the open market. Many of these businesses practice principles of both demand planning and demand management in order to make this responsibility...

July 19, 2017

Good handling of market demand data is one of the most vital concepts in any supply chain. The correct management of demand information can greatly influence the level of integration and responsiveness, and has a direct impact on customer service and inventory levels....

July 19, 2017

Several times in the past I came across these questions. Why the forecast accuracy should be improved? What is the necessity in spending money towards improvement and implementation of some expensive demand planning software?

To know the significance of demand planning...

July 19, 2017

What are the goals of business? To maximize profits! From a supply chain perspective, how do we accomplish this? Let’s look at some of the key aspects of how supply chain contributes to the goals of the company.

We know how important our demand planning function is to e...

July 5, 2017

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