The success of inventory optimization – and ultimately, positive customer service – relies on a multitude of decisions. Choices are required at every stage of the process to ensure not only that the right products are in the right place, at the right time, but also...
Nobody said this year was going to be easy, but who would have forecast we’d be in this situation 6 months ago? Although COVID-19 first hit the news cycle in December, there was no mention of UK lockdown until at least early March. In fact, rather like Michael Fish...
There is a large difference between managing and optimizing your inventory. ERP systems can track items; provide the data required to analyse sales and inform the process from initial purchase order to payment, but they can’t handle supply chain optimization. ...
We’ve previously addressed some of the fundamental issues with employing an Excel-based system. The weaknesses of these models is currently being brought into particularly sharp relief by the volatility of demand levels and changing consumer behaviour. Here, we’re...
Sales and Operations Planning (S&OP) gets a lot of attention in tough economic times. Given the volatility caused by the recent crisis it’s an essential process and everybody will be scrutinising their plans and forecasts right now as the future they had...
'In order to create a more environmentally-conscious industry, fast fashion companies must reduce the environmental impact of their entire supply chains. This will require effective sustainable supply chain management...'
