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...
Demand planning and inventory management processes exist to help avoid: Unnecessarily high levels of inventory (overstocks) Costly inventory write-offs Excessive use of premium transportation services Missed commitments and poor service levels ERP systems track stock...
While spreadsheets are easy to work with, they only provide unique views of limited amounts of data, rather than a consistent view of the entire company’s data. It’s long been time to ditch spreadsheets and here we provide 10 very good reasons to switch to...
Often known as a hectic time for those in the supply chain industry, most businesses will be used to the annual planning that comes in preparation for Chinese New Year.
