Smart Planning
Planning is becoming more complex, but smarter planning makes the difference. In this Supply Chain Byte, Lisa Anderson outlines three key planning challenges manufacturers are facing today - and three ways to address them.
Replenishment Planning Best Practices to Improve Service Levels, Logistics Efficiencies, and Inventory Turns
Every client wants to support growth goals while improving service levels (OTIF, on-time-in-full), operational efficiencies and inventory turns. These are timeless objectives for every planner. During the pandemic, the priorities shifted to service levels because clients struggled to keep up with dramatic increases in demand and extreme volatility.
Top Trending Client Request: Reduce Inventory
ore than 50% of client requests in the last several months have related to inventory. In fact, it seems to be a trending hot topic! In today's era of the Amazon Effect where customers expect more and have ZERO patience to wait yet we are in a volatile environment with tariffs and concerns about space, costs and more, more inventory is needed to grow the business yet businesses cannot afford it.