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2021 State of Supply Chain Planning
To say that 2020 saw significant disruption in supply chains and supply chain planning would be an understatement. Not since…
Forecasting Vs Demand Planning
Forecasting Vs Demand Planning Companies use a variety of tools to predict where their business currently is and where it…
Supply Chain Affects Everyone — Outlining KPIs and Metrics for Leaders and Decision-Makers
No matter the size of the company, decisions made by managers, leaders, and other key decision-makers define the success of…
The Delicate Balance of Safety Stock vs Safety Time
With disruption such as COVID-19 rapidly shifting consumer tastes, market volatility, and human error, the threat of both overstock and…
Low Forecast Inventory Accuracy and the Impact on Inventory
Many people look at forecast inventory accuracy in the same way people look at the weather. Maybe it’s right, maybe…
6 Best MRP Practices For Manufacturers
Executive Summary: Manufacturers utilizing MRP to plan material requirements should ensure data integrity and accuracy including forecasting data, lead times,…
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