Skin ADV


Deselect Platform Choice
 
Australia
Belgium
China
France
Germany
Greece
India
Ireland
Italy
Kuwait
Luxembourg
Netherlands
New Zealand
Portugal
Spain
Sweden
Switzerland
United Arab Emirates
United Kingdom
United States
  News | Associations | Education | Job | Agenda | Topics | Insight | Resources
 
SCM Portal
Demand & Supply Chain Management
Evolution

United States  
eng  





Supply & Demand Chain Executive Special Issue


Take a look at this special issue of Supply & Demand Chain Executive magazine, all about the Virtual Enterprise and its enabler, the business network. As Dr. Marcell Vollmer, COO of Ariba, says,“Business is no ...



 

Topics > English > Inventory Planning  

Inventory Planning

The Point of View of Quintiq


Are you paying attention to your inventory?
by Sriyani Rao - Social Media Community Specialist, Quintiq

Do you remember Hypercolor, the clothes that changed color with body heat? I do, and not just because of the novelty value. Initial demand for the clothes was so high that the company worked tirelessly to meet it. Then they overproduced, struggled to sell, and went bankrupt.

It’s a scenario we see time and again. Why? In large part, it’s because many companies don’t pay the right kind of attention to their inventory.

There’s a lingering belief that inventory is somehow unpredictable and behaves independently of the rest of the business. But it’s not true. If you incorporate inventory directly into sales and planning operations, and optimize it at every opportunity, you’ll have a strong grasp of your stock levels, save money and improve customer service.

Mastering the balance between low inventory and high performance is a challenge, but it’s one that needs to be met. If you’re new to the idea of inventory optimization, here’s some advice to help you reach your goal.

1. Base inventory on desired customer service levels
2. Be flexible
3. Use actual inventory levels

Click below to expand each advice

 


read more >>
(external link)




-------------------------------------
Would you like to add your standpoint for this topic?
Contact SCM Portal at info@scm-portal.net



--------------------------

Please find hereafter some documents of interest related to "Inventory Planning". To refine this search, please select or change your language of interest.


Language Filter

1 - 5 of 67
Pages (14)  [  1  2  3  4  5    >  >> ]

DOCUMENTS
 

Today, visionary and innovative companies have evolved beyond simple ROI analyses to the concept of Relationship Life Cycle as a vehicle to gain competitive advantage. With the...


Inventory optimization technology improves inventory positioning and management, redesigns network stocking nodes, and improves customer service and overall profitability.

With rising customer expectations and companies less willing to hold finished goods inventory, industry and market leaders are struggling to find ways to improve efficiency while...


Large LNG producers and shippers around the world are synchronizing inventory levels with voyage schedules and vessel capacities in an effort to maximize its ability to cover...


Until recently, major changes in sales practices have had surprisingly little impact on the core operations of most businesses. As companies introduced new sales channels –...


1 - 5 of 67
Pages (14)  [  1  2  3  4  5    >  >> ]



MADEL: Roadmap to Industry 4.0: Planning & Scheduling in the personal & home care industry


Established in 1977 Madel Spa, is a leading Italian manufacturing company specialized in products for home & personal care. Madel’s mission is the capability to create high-quality and environmentally sustai...