Inventories

Overcoming Chemicals Industry Challenges through Optimization of ...

by Olin Thompson and PJ Jakovljevic ... 1. Optimizing Distribution and Rationalizing Inventories. 2. Production Planning and Scheduling. ... Optimizing Distribution and Rationalizing Inventories. ... http:/.../Research/ResearchHighlights/ERP/2006/05/research_notes/TU_ER_XOT_05_11_06_1.asp - 25k - 2006-05-11 Summary: For chemical companies, optimizing the distribution network and rationalizing inventories are the keys to an efficient supply chain and smoother operations. They must also resolve the challenges posed by environmental regulations and the need for seamless data integration.

Inventory Reduction: Effectively Turning Excess Into Cash

by R. Michael Donovan ... A common misconception is that effective decision-support to reduce and prevent excess inventories from accumulating is part of the company's current system. ... http:/.../Research/ResearchHighlights/ExecutiveView/2002/05/research_notes/MI_EV_XMD_05_16_02_1.asp - 17k - 2002-05-16 Summary: In virtually all manufacturing companies, there is a direct correlation between inventory levels and overall business performance. In fact, CEO's and CFO's believe that their companies consistently carry 25 to 40 percent or more inventory than is needed.

Justification of ERP Investments Part 1: Quantifiable Benefits ...

by Dr. Scott Hamilton ... to 30 percent. ERP systems lead to lower inventories because manufacturers can make and buy only what is needed. Demands rather ... http:/.../Research/ResearchHighlights/Erp/2004/02/research_notes/TU_ER_XSH_02_10_04_1.asp - 28k - 2004-02-10 Summary: Studies that surveyed manufacturers about the impact of ERP systems on firm performance indicate that company size and industry do not affect the results. Benefits have been indicated for large and small firms, whether they make standard or custom products or are in discrete or process manufacturing envi

Taking a Lesson from Big-box Retailers: The World's Distribution ...

... while providing the retail market the ability to capitalize on the expanded areas of distribution service such as VMI (vendor-managed inventories) and just-in ... blog.technologyevaluation.com/blog/2008/10/24/big-box-retailing-distribution-solutions/ - 47k - 2008-10-24

Justification of ERP Investments Part 1: Quantifiable Benefits ...

by Dr. Scott Hamilton ... to 30 percent. ERP systems lead to lower inventories because manufacturers can make and buy only what is needed. Demands rather ... http:/.../Research/ResearchHighlights/ERP/2009/06/research_notes/TU_ER_XSH_06_12_09_1.asp - 27k - 2009-06-12 Summary: Studies that surveyed manufacturers about the impact of ERP systems on firm performance indicate that company size and industry do not affect the results. Benefits have been indicated for large and small firms, whether they make standard or custom products or are in discrete or process manufacturing envi

APICS 2009 from the Expo Floor: Is S&OP Coming of Age? – Part 1 ...

... Early detection and quick response are both key aspects of business agility, allowing companies to match finished goods inventories and component supplies with ... blog.technologyevaluation.com/.../10/30/apics-2009-from-the-expo-floor-is-sop-coming-of-age-–-part-1/ - 58k - 2009-10-30

Avoid the Perils of Service Parts Planning in Supply Chain ...

by P.J. Jakovljevic and Olin Thompson ... Pooling spare parts among divisions and companies with similar assets is a strategy being increasingly considered, since pooled inventories can reduce costs ... http:/.../Research/ResearchHighlights/SCM/2005/08/research_notes/MN_SC_PJ_08_01_05_1.asp - 19k - 2005-08-01 Summary: Significant differences exist between the new parts production supply chain and the service and replacement parts supply chain. Companies using conventional, new product inventory methods are missing opportunities to improve efficiency and effectiveness.

Times are Tough – RIR Might Leave More Cash on Your Balance ...

... analysis. The Verdict. The RIR program seems well suited for companies with large inventories not being put to optimal use. By improving ... blog.technologyevaluation.com/.../11/times-are-tough-–-rir-might-leave-more-cash-on-your-balance-sheet/ - 46k - 2008-11-11

So What’s the Big Deal with Chemicals?

by Olin Thompson and P.J. Jakovljevic ... Until two years ago or so, sales of everything from petrochemicals to paint were sluggish; inventories all but overflowed the storage tanks, and the pricing ... http:/.../Research/ResearchHighlights/ERP/2007/12/research_notes/TU_ER_XOT_12_24_07_1.asp - 17k - 2007-12-24 Summary: Due to the inherent challenges of the industry, most chemical companies are still unable to profitably respond to highly variable demand, or to execute predictable product supply strategies.

Lucrative but 'Risky' Aftermarket Business—Service and ...

by P.J. Jakovljevic and Olin Thompson ... Some firms like third party service providers even offer to manage the spare parts inventories of their customers, often with a consignment payment or vendor ... http:/.../Research/ResearchHighlights/SCM/2005/07/research_notes/MN_SC_PJ_07_29_05_1.asp - 20k - 2005-07-28 Summary: The growing pressure for improving customer responsiveness and profits has lately changed the traditional role of supply chain management (SCM) of spare and replacement parts.