Six Supply Chain Planning Strategies to Maximize Your Company’s Performance

Supply Chain An efficient supply chain is critical to achieving order accuracy and customer satisfaction. Companies must take the initiative to improve the training of supply chain employees and periodically review their relationships with key vendors and shipping agents. Additionally, they should consider automating their inventory management processes to conserve…

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7 Signs you should Upgrade your Distribution Software
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7 Signs you should Upgrade your Distribution Software

With any business, growth is a natural part of the equation. As this growth occurs, it is important that you maintain your software systems and ensure that they are not ready for an upgrade. One of the most important software items that many businesses rely on daily is distribution software.…

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The Worst Advice We’ve Ever Heard About Demand Planning
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The Worst Advice We’ve Ever Heard About Demand Planning

It is no secret that demand planning is a process that many businesses go through to remain successful. It allows for the creation of forecasts that will help the business manage their inventory levels. This is beneficial because the business can then use this information to align their inventory levels along with…

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Statistical Forecast for Better Demand Planning
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Statistical Forecast for Better Demand Planning

Using a statistical forecast as a starting point often proves to be a solid start to a collaborative Demand Planning process. First, why do companies forecast? There are several benefits of more accurate forecasts;   Improve customer service levels. Increased sales. Reduced cost of carrying inventory. Improved cash flow projections. Production…

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7 Great Benefits of Vendor Managed Inventory
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7 Great Benefits of Vendor Managed Inventory

  Vendor Managed Inventory Vendor Managed Inventory, or VMI, is a business relationship where a manufacturer or distribution business takes over management of inventory for a retail or wholesaler. Using Electronic Data Interchange (EDI) or other electronic methods for communication, the vendor of the product will manage orders and fulfillment for…

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