inventory management

Stop Self-Inflicted Uncertainty! Quick Wins for Inventory Management

Eric Wilson, ACPFAugust 2, 2023

Inventory - can't live with with it, can't live without it. Let's talk about how to balance the competing trade-offs of high service levels, the need to control costs, and freeing up cash - and how to make managing your inventory a whole lot easi... Read More...

Supply Chain Management0 Comments 0

Linking Demand Planning & Inventory Management

Alan Milliken CPFAugust 20, 2020

During my 30-plus years in Supply Chain Management I have participated in many projects as a practitioner, consultant or educator to improve demand forecasting. I have also participated in many projects to improve inventory management. My experience ... Read More...

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Translating The Demand Plan Into The Supply Plan In FMCG Distribution

Mehdi MostefaouiNovember 22, 2018

FMCG distributors are critical actors in the global supply chain. They manage a large variety of products and high levels of inventories and assets, and help ensure retailers deliver to their customers. To be profitable, we must control inventory cos... Read More...

Supply Chain Management0 Comments 1

iventory reduction by cutting forecast bias

Pat’s Quick Hits For Inventory Reduction Part 2

Patrick BowerJanuary 23, 2018

Last week we looked at cutting inventory through improving inventory quality (getting rid of obsolete or low value stock) and reclassifying mislabelled inventory. Once you’ve done those those 2 quick fixes, the next inventory cutting initiative is te... Read More...

demand planningModels & MethodsS&OPS&OP/IBPSupply Chain Management0 Comments 0

Image of warehouse. Inventory reduction.

Pat’s Quick Hits For Inventory Reduction: Part 1

Patrick BowerJanuary 18, 2018

In the first of this mini-series, Pat Bower of Combe Inc. reveals the quickest and easiest ways to reduce inventory. Detailing the preferred methods used by leading S&OP professionals and consultants, he discusses how to cut poor quality or obsol... Read More...

demand planningForecasting and PlanningS&OPSupply Chain0 Comments 0

The Demand Planning Career, Is it a Curse or a Blessing?

Sylvia StarnesApril 17, 2017

If you have any knowledge of Demand Planning, I am sure that you have heard the following: “Demand Planners are like meteorologists, they rarely get credit for doing the job correctly and they’re only noticed when they get it wrong.” Even so, the bot... Read More...

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Product Portfolio Optimization – Journal of Business Forecasting (Special Issue)

Dr. Chaman L. JainFebruary 29, 2016

Within the pages of this particularly exciting issue, you will read articles written by the best minds in the industry to discuss multiple important aspects of Product Portfolio Optimization. This is an important topic because in today’s highly compe... Read More...

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Risk-Adjusted Supply Chains Help Companies Prepare for the Inevitable

Wade McDanielFebruary 19, 2016

Each time I get in my car and drive to work, or the grocery store or wherever, there are a myriad of dangers that I might encounter. I could get t-boned at an intersection by a distracted driver; I might blow a tire and swerve into a ditch or a piece... Read More...

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Forecasting & Planning Learnings from Day 2 of IBF Academy: An Attendee’s Perspective

Jeff MeterskySeptember 16, 2015

Last Month, I had the opportunity to attend IBF’s Business Forecasting & Planning Academy held in Las Vegas. I recently shared some insights from the first day of the program. Day 2 was similarly eventful. Here are some highlights.... Read More...

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Are You Effectively Leveraging Point-of-Sale (POS) Data In Your Forecasting & Inventory Management?

Manikantan AryapadiSeptember 9, 2015

Today, we have an explosion of data. It is estimated that 2.5 quintillion bytes of data are created every day with 90% of the world’s data created in the past 2 years! The key question becomes what do we do with all this data? ... Read More...

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