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How to Reduce Inventory 10% in 90 Days

In distribution, managing inventory is a beast. Competition is relentless and supply, wickedly unpredictable. So you stock up. At some point, executives notice the high cost of this and demand an urgent inventory reduction....
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...
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...

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:...

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...

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...

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...

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...

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