SCMDOJO

MARCH 19, 2024

This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste. Demand Planning and Inventory management Inventory management is crucial for ensuring adequate stock levels and minimizing carrying costs.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 98

Supply Chain Game Changer

OCTOBER 1, 2019

In this context an Analog Supply Chain is one in which the tasks are performed in some physical, non-electronic fashion. In the Analog Supply Chain planners would receive orders from customers over the phone, by physical mail or by fax. Product information and parameters would be manually entered into reports and systems.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

Supply Chain Game Changer

JANUARY 30, 2020

Supply/Demand Planning. As it turns out there was previously no Supply/Demand Planning process in the company. Yet many bills of material had cycle times of 1-2 weeks. The implications of this are incredible.

Inventory 61

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 61

Supply Chain Game Changer

NOVEMBER 12, 2018

Supply/Demand Planning. The inputs to your SIOP (Sales, Inventory and Operations Planning) process, as well as your MRP system, determine the amount of inventory you plan to order from your suppliers in order to meet that demand. Buying the components and parts you need to run the business is very critical.

Inventory 45

Inventory Management Agile and Lean Supply Chain Raw materials 45

Supply Chain Game Changer

NOVEMBER 16, 2018

Supply/Demand Planning. As it turns out there was previously no Supply/Demand Planning process in the company. Yet many bills of material had cycle times of 1-2 weeks. The implications of this are incredible.

Inventory 43

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 43

SCMDOJO

DECEMBER 16, 2024

Inventory Management and Optimization Optimization and management of inventory is the ability to ensure product availability through inventory administration activities such as demand planning, stock optimization, and monitoring the age of the product. This is a very well-known material management objective. .

Material management 52

Material management Management Supply Chain Optimization Agile and Lean Supply Chain 52