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moving-inventory-teams-from-defense-to-offense

Moving Your Inventory Team from Defense to Offense

Today in Episode 10 we are sitting with two former inventory analysts who have now evidently turned into offensive coordinators! Welcome, Sven Aunapu and Dan Craddock. Sven is Director of LifeLine Services and Analytics, joined by...
order-cycle-optimization

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...
video

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, Director - Business Consulting at Blue Ridge, along with PlanningPosts evangelist Dan Craddock, on the topic of Optimizing New Items. Summary:...

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...

Pricing Strategies for Distributors

Leveraging Your Switzerland Position Distributors sit in a zone we call Switzerland… the middle of the supply chain between the manufacturer and the final customer, which increases the complexity and scope of what they must...

Managing Inventory Chaos During Distribution and Wholesale M&A

What the ‘M&A boom’ is doing to distributors’ purchasing teams is more than just an annoyance. It’s a big cash problem. One that’s easily solved with technology.

Driving Value with AI in Supply Chain Planning

How can the most optimal demand planning and inventory optimization models be combined with AI and machine learning to improve profitably and efficiency?

How to Manage Erratic Demand (Profitably): Profit Stealers Part 1 of 2

While there are many guilty parties in inventory analysis, high demand deviation is the one that's adding more to your expenses than to your profit. So today's topic: how to manage erratic demand profitably. Sales...

5 Ways to Reduce Inventory Right Now

Teams that use this strategy and mindset to reduce inventory will free up incredible amounts of capital for their organizations.
pricing-optimization-strategies

Bad Pricing Optimization Strategies: What’s That Smell?

Cliff Isaacson, Executive VP of Product Strategy at Blue Ridge cloud-native solutions for demand forecasting. Retailers have already been feeling the squeeze to fine-tune their pricing strategies for quite some time now; thanks to Amazon,...

Specialty Retail Series: Part 4 of 4

Inventory Optimization Strategies for Retail CX Domination Welcome to the final post in our "Specialty Retail Series." In case you need a refresher, Part 3 covered "Where to Put Your Retail Tech Investment in 2020," which...

How To Create a Culture for Innovative Forward Buying – Feat. Henry Schein Inc.

In today's podcast: Henry Schein Inc.'s Senior VP of Supply Chain Paul Rose The best opportunity to influence your income statement is to attack the Cost of Goods. Wholesale and retail companies live on thin...

Think Like an Inventory Investor, Not a Buyer

In the old world of replenishment, retail and wholesale inventory teams worked to keep store shelves stocked, holes filled in the warehouse, and hoped they could stay out of trouble and avoid attention. My,...

10 Steps to a World-Class Inventory Planning Team

The demand planning profession has evolved more than any other department in the retail and wholesale world. Inventory teams that used to rely on their green bar report and a solar-powered calculator now have demand...

Long Lead Times Bring the Heat

You always knew you didn’t care for items with long lead times, but you could never fully express why. Let this Lead Time - Service Goal % Heat Graph illustrate your pain: How to read this...

Specialty Retail Series: Part 3 of 4

In Part 2 of this series, we talked about how ridiculously time consuming it is to conduct inventory management tasks manually. We discussed the reasons for this and shared how inventory automation is making...

Never Take Your Eyes Off this Demand Forecasting Metric

If you only look at one demand forecasting metric ever, it should be demand deviation. As you'll see in this video tutorial, demand deviation is the #1 value influencing your profitability. Take a look at some of...

7 Areas Where Inventory Leaders Can Up Their Game

So, you want to be a really effective inventory professional? Do you want your inventory team to be the most admired group in the company? Here are the top 7 areas where you can...
tariffs

Tariffs and Supply Chain Planning: When Does a Speculative Buy Make Sense?

Episode 3: How do tariffs affect supply chain planning, and what can you do about it? There’s a lot of political “poo” being flung around over the international tariff situation. But today we’re here with...

Is Your DOM Forecasting Strategy on the Wrong Path? Part 2 of 2

Part 2: AI in Supply Chain Planning and Demand Forecasting Welcome back! Earlier, we talked about the shortcomings of Distributed Order Management (DOM) systems as a standalone demand forecasting strategy, and why you should start...
inventory-analytics

10 Inventory Analytics Numbers Every Exec Should Care About

Beyond the basic KPIs, there are 10 key inventory analytics that can improve the overall financial health of your distribution business. In Episode 2 Dan Craddock, Catalyst supply chain consultant and guru, explains how business...

Specialty Retail Series: Part 2 of 4

Welcome to Part 2 of our Specialty Retail series. Glad you're back! In Part 1, we explained why your demand forecasting strategy must fit the type of retailer you are: Fashion OR Specialty Replenishable. Today,...

Specialty Retail Series: Part 1 of 4

Modern Retail is Shrinking Our Ability to Make Balanced Inventory Decisions
Making a Champion Planningposts blog

Making a Champion Podcast

Welcome to our very first episode of The PlanningPosts Podcast! Sponsored by Blue Ridge, hosted by Todd Craig. This podcast is a community of supply chain and inventory optimization experts dedicated to creating demand forecasting gurus!

The Growing List of Surprisingly Seasonal Items

If seasonality is sometimes a mystery to you, you're not alone! The Planning Posts writers have been accumulating a list of surprisingly seasonal items for years. This list shows items that sell in a...

Is Your DOM Forecasting Strategy on the Wrong Path? Part 1 of 2

Gartner recently suggested that most retailers don’t do a good job of forecasting demand at the place where it really happens – fulfillment. Retailers are forecasting demand where the sale happens, vs. where customers...