Sales, inventory and operations planning (SIOP) is process used for monitoring and upgrading a company's operating plan. It pulls all departments together to ensure that potential problems can be ...

Inventory planning encompasses several parts of your company's logistics and operational capabilities. Accounting gets involved with monitoring and paying for inventory, the warehousing and logistics ...

Amidst the recent continued economic volatility, C-level executives’ focus has shifted from revenue growth to profitable growth, and hence global supply chain performance has gained a great deal of ...

Powerful planning processes provide the essential elements for business success through material management, lean operations, waste reduction and working capital optimization. It is not unusual to ...

Inventory is a universal headache at most companies - with the potential for significant impacts, both good and bad. Too little inventory puts sales revenue at risk. Yet, having too much inventory ...

Inventory planning sometimes seems like a no-win proposition. Too much or not enough, each scenario has a serious impact on a businesses’ reputation, efficiency and profitability. But you can achieve ...

Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...

In omnichannel and ecommerce companies, inventory management, including tracking and reserving inventory for orders, is crucial for maximizing sales and improving customer satisfaction. If you can’t ...

When Amazon launched its free same-day delivery service in 2015, the question immediately arose: Would this buy customer loyalty? Ultimately, yes. Then consumers began to wonder what that meant for ...

Uncertainty was beyond question a certainty the last 18-24 months in a global market besieged by the onslaught of COVID-19, which is still hugging the corners of society. However, there were several ...

J.Crew and its sister company Madewell have both implemented a new integrated inventory planning solution that allows the retailers to increase efficiency when creating new products and tap into ...