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Best Practices in Demand and Inventory Planning for Chemical Companies

Source: Aptean
Supply chain planning involves functions such as demand forecasting and planning, distribution inventory planning, and plant capacity planning and scheduling. The right mix of strategy, education, and systems can have a very high impact on a manufacturer’s overall operations—and ultimately its bottom line. Understand how supply chain functions such as demand and inventory planning can positively impact your company.


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Demand Management Inc.
Founded in 1985, Demand Solutions provides supply and demand planning software to small and midsized enterprises. More than 2,000 customers in over 70 countries use Demand Solutions for demand planning and forecasting, inventory planning and replenishment, collaboration, sales and operations planning (S&OP), advanced planning and scheduling (APS), and point-of-sale (POS) management. The company is committed to helping customers solve problems such as excess inventory, low customer service levels, product seasonality, long lead times, and low inventory turns. Demand Solutions has offices in over 20 countries, and has seven major support centers worldwide. Read More...
Fixed Asset Inventory: A Guide to Getting Started
Source: Sage Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. However, the importance of tracking and managing fixed assets such as land, buildings, transportation, and manufacturing equipment is often overlooked. This white paper discusses best practices for fixed asset inventory management and suggests tips for implementing a successful inventory process, including how to create an asset inventory process, implement a label and scanning solution for tracking of assets, establish an accurate baseline of fixed assets, and design a “go-forward” strategy for maintaining an asset inventory. Read More...
Inventory (Out of) Control
Source: Deacom In a market as competitive as the chemicals industry, providing high quality products to clients quickly and efficiently while meeting the rigorous regulations enforced on chemicals from formulation to shipment is no easy feat. Many companies struggle with sales forecasting and maintaining and tracking inventory. Many chemical manufacturers are turning to enterprise resource planning (ERP) software systems to add business-wide visibility to inventory control and reduce costly downtime. Read More...


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Strategies for Profitable Growth: Chemical Industry
Source: SAP You may have survived the slowdown of the last few years, but you must still find new growth opportunities to stay competitive. However, you can only cut so much. Midsize businesses in particular need to ask new questions: What strategies and practices are right for the company? And what are the best solutions for facilitating—and even improving them? Read More...

 
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