How Does Forecast Accuracy Affect Safety Stock?
December 26, 2019
My simple model illustrates how forecast accuracy impacts the required level of safety stock.
Five Steps to Improve Demand Forecasting Accuracy
November 25, 2019
These five steps will help you increase accuracy of your demand forecasting process, resulting in less inventory waste.
10 Tips to Increase Your Inventory Count Accuracy
November 19, 2019
10 Tips to Improve Your Physical Inventory Count Many would consider a physical inventory count much like a visit to the dentist – Necessary, but
S&OP Horror Story: In One Explainer Video
October 12, 2019
This video illustrates how a lack of communication creates an S&OP process that resembles a game of telephone.
Data Gold Mine: Average Inventory by Industry
October 2, 2019
Use industry benchmarks to measure excess inventory in your business.
The Demand Planner: Quarterback for the Planning Team
September 10, 2019
Much like a quarterback, the demand planner has the broad view of business trends, and is best able to make tactical decisions on which products to make.
