Sales, inventory and operations planning (SIOP) is process used for monitoring and upgrading a company's operating plan. It pulls all departments together to ensure that potential problems can be ...

Amidst the recent continued economic volatility, C-level executives’ focus has shifted from revenue growth to profitable growth, and hence global supply chain performance has gained a great deal of ...

Inventory planning encompasses several parts of your company's logistics and operational capabilities. Accounting gets involved with monitoring and paying for inventory, the warehousing and logistics ...

With inventory dollars accounting for one of the largest assets on a retailer’s balance sheet, you need properly qualified personnel managing your company’s inventory. Yet some organizations assign ...

Powerful planning processes provide the essential elements for business success through material management, lean operations, waste reduction and working capital optimization. It is not unusual to ...

Inventory is a universal headache at most companies - with the potential for significant impacts, both good and bad. Too little inventory puts sales revenue at risk. Yet, having too much inventory ...

Inventory planning sometimes seems like a no-win proposition. Too much or not enough, each scenario has a serious impact on a businesses’ reputation, efficiency and profitability. But you can achieve ...

Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...

When Amazon launched its free same-day delivery service in 2015, the question immediately arose: Would this buy customer loyalty? Ultimately, yes. Then consumers began to wonder what that meant for ...