With economic activity heating up, businesses are again eager to compete in the global arena. To do so, they need to raise the performance of their supply chains to world-class levels.
Point of sale is "where the facts are" that help retailers readjust orders to accommodate sales peaks and valleys that may be predictable but aren't always intuitive.
Ten best practices in supply-chain planning, culled from conversations with leading supply-chain executives, analysts and vendors - the first of a series of six "Best Practices" articles to be presented this year.
Major ERP players are poised to give best-of-breed vendors in supply-chain management and execution a run for their money as the economy gains steam and companies once again begin to invest in technology.
With a re-energized effort under way to formalize Collaborative Transportation Management, lots of people are looking at ways to make carriers part of the collaborative process.
Rapid growth, Y2K issues and the need to better control and trace inventory all led salad dressing manufacturer Naturally Fresh to implement an enterprise system that included robust supply-chain capabilities.
Hollywood studios know that box-office receipts are greatest in the first weeks of a film's release, and the same is true for their video sales divisions. MGM Home Entertainment's VMI initiative ensure that its retailers are stocked (and replenished) with the latest videos.
Supply-chain plans tend to collapse when demand spikes, supplier failures and other problems at the execution level radically change the underlying assumptions. But better planning techniques, event management tools and a new generation of web-based collaborative solutions can keep these plans on track.
The latest news, analysis, trends and solutions regarding forecasting and demand planning and its impact on supply chain management. New technologies in predictive analytics and forecasting and demand planning are transforming the way companies are operating and performing ahead of competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using forecasting and demand planning solutions for supply chain optimization.
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