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Order Cycle Optimization: 3rd Essential Step to Expert Demand Planning

Happy Friday and Welcome Back to the Series! We've been talking about the 7 components it takes to get demand planning right. Today it's Step #3, Order Cycle Optimization. Before we get started, we need to...

Lead Time Forecasting: The 2nd Essential Step to Expert Demand Planning

Welcome back to our '7 Essential Steps' Series! We hope you enjoyed last week's post on demand forecasting. Today it's onto the 2nd essential step of 'getting it right' in the purchasing process... Lead Time Forecasting!  Lead...

Demand Forecasting: The 1st Essential Step to Expert Demand Planning

Let's face it. When you are out of stock, it's the buyer's fault. When you are overstocked, it's the buyer's fault. And should anything go right, it is thanks to the Sales Department! You can change...
cost-of-fixed-cycle-buying

Kicking the Expensive Habit of Fixed Cycle Buying

Fixed Cycle Buying is the silent producer of excess inventory. Your suppliers that have been set to replenish on a fixed cycle like ‘every Monday’ or ‘every other Wednesday’ are tying up 20% or more...
managing-replenishment-optimizationvideo

Inventory Reduction 101: The Problem with Fixed Cycle Buying

Inventory reduction becomes a financial problem when you are forced into fixed-cycle buying vs. buying on need. FACT. Unfortunately, fixed cycle buying is the ugly reality for many retail and wholesale distributors. But get this... When...

How to Manage Long Lead Times, Slow Movers and Other Profit Stealers – Part...

We're all hyper-aware of how erratic demand and long lead times impact profitability. No one wants to be a cost center, but these and other problems force inventory analysts to carry high safety stock...
podcast-first-100-days-supply-chain-management

The First 100 Days on Your Supply Chain Management Solution

Proven Steps to Accelerate the ROI of Your Supply Chain Solution Introduction Welcome back to the PlanningPosts Podcast! Today we're not just talking about demand forecasting, or new items, or deal buys. Episode 9 focuses on...

7 Habits of Today’s Top Inventory Management Teams

What can you learn from the habits of today's top inventory management teams? We've been collecting insights from blue-chip inventory analysts over the years and the results have become more and more consistent. Today we'll share...

Let’s Finally Get Serious About Optimizing New Item Inventory

Today's PlanningPosts chat is with long-time veteran in the inventory optimization world, Tracy Coon, along with PlanningPosts evangelist Dan Craddock, on the topic of Optimizing New Item inventory. Summary: New item forecasting is a troubling...

11-Point Checklist for Perishable Inventory Management

Today’s consumers are busier and more health conscious. They want fresh grocery delivery, meal kits and even temperature-sensitive products like pharmaceuticals. Several retail trends are making it difficult for distributors to manage perishable inventory in...

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