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Documents related to » direct inventory reduction method


Effective Inventory Analysis
Effective Inventory Analysis. Get Data Related to Effective Inventory Analysis. For many distributors, inventory is the largest and perhaps the most important asset. Inventory ties up more money than buildings or equipment, and is often less “liquid.” It is crucial, then, that distributors develop and use a comprehensive set of tools that allows close monitoring of the performance of inventory investments. Read more about simple measurements that can help you maximize your investment in inventory.

DIRECT INVENTORY REDUCTION METHOD: level, non-stock sales and direct shipments are excluded from the cost of goods sold figure in the numerator of the equation. These special sales are not filled from inventory and including them in the calculation would exaggerate turnover. We use the cost of good sold over the past 12 months to avoid distortions in turnover throughout the year. If we used annualized year to date figures (i.e., year to date figures projected for the entire year) and the first several months were the slow period of the
3/31/2008 11:58:00 AM

SAP to Acquire Inventory Optimization Vendor SmartOps » The TEC Blog
SAP to Acquire Inventory Optimization Vendor SmartOps » The TEC Blog TEC Blog     TEC Home     About TEC     Contact Us     About the Bloggers     Follow TEC on Twitter    RSS   Discussing Enterprise Software and Selection --> Fast, Accurate Software Evaluations TEC helps enterprises evaluate and select software solutions that meet their exacting needs by empowering purchasers with the tools, research, and expertise to make an ideal decision. Your software selection starts here. Learn

DIRECT INVENTORY REDUCTION METHOD: cloud based analytics, enterprise demand sensing, industry watch, inventory optimization, SAP, smartops, TEC, Technology Evaluation, Technology Evaluation Centers, Technology Evaluation Centers Inc., blog, analyst, enterprise software, decision support.
25-02-2013

Let the (Excess) Inventory Flow!
Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both the inventory and dollars flying out the door. There should be smarter ways of handling this problem.

DIRECT INVENTORY REDUCTION METHOD: of warehouse costs (the direct cost per pallet of storage) as well as period costs, which typically include standard revision, excess and obsolete inventory reserve, and cost of capital. Figure 2 illustrates the cumulative effect of period costs, which, when combined with price erosion effects from figure 1, points out the double whammy of inventory procrastination. According to AMR Research , approximately $150 billion (USD) of supply chain is wasted across all types of global industries, for which the e
1/26/2007

Lean Inventory by the Numbers
Getting lean is not a simple task; it requires an aggressive, iterative approach to examine complex tradeoffs. And given the number of variables that characterize a distribution center (DC) and its constituent stock keeping units (SKUs), performing this type of analysis without using the right tools can be daunting—if not impossible. Find out how a tool-based approach can make getting lean easier.

DIRECT INVENTORY REDUCTION METHOD: Lean Inventory by the Numbers Lean Inventory by the Numbers Source: Chiron Technologies, Inc. Document Type: White Paper Description: Getting lean is not a simple task; it requires an aggressive, iterative approach to examine complex tradeoffs. And given the number of variables that characterize a distribution center (DC) and its constituent stock keeping units (SKUs), performing this type of analysis without using the right tools can be daunting—if not impossible. Find out how a tool-based approach can
2/13/2008 3:55:00 PM

Want to Know How to Survive in a Down Economy? Then Look in Your Warehouse! » The TEC Blog
Want to Know How to Survive in a Down Economy? Then Look in Your Warehouse! » The TEC Blog TEC Blog     TEC Home     About TEC     Contact Us     About the Bloggers     Follow TEC on Twitter    RSS   Discussing Enterprise Software and Selection --> Fast, Accurate Software Evaluations TEC helps enterprises evaluate and select software solutions that meet their exacting needs by empowering purchasers with the tools, research, and expertise to make an ideal decision. Your software

DIRECT INVENTORY REDUCTION METHOD: distribution, Inventory, inventory levels, Inventory management, managing inventory, people and inventory, warehouse management, TEC, Technology Evaluation, Technology Evaluation Centers, Technology Evaluation Centers Inc., blog, analyst, enterprise software, decision support.
19-08-2009

Skarnes Realizes a 40 Percent Reduction in Accounting Time
US-based Skarnes, Inc. distributes material handling products and provides warehouse storage and material handling solutions. Migrating from RealWorld to Microsoft Business Solutions-Navision provided Skarnes with improved reporting capabilities, the ability to track costs, and the ability to view work in process. Furthermore, elimination of redundant data entry provided a 40 percent reduction in accounting work time.

DIRECT INVENTORY REDUCTION METHOD: Skarnes Realizes a 40 Percent Reduction in Accounting Time Skarnes Realizes a 40 Percent Reduction in Accounting Time Source: Microsoft Document Type: Case Study Description: US-based Skarnes, Inc. distributes material handling products and provides warehouse storage and material handling solutions. Migrating from RealWorld to Microsoft Business Solutions-Navision provided Skarnes with improved reporting capabilities, the ability to track costs, and the ability to view work in process. Furthermore,
8/28/2006 3:18:00 PM

UNIT4 ekon 6.0 for Discrete Manufacturing Certification Report
UNIT4 ekon is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for discrete manufacturing in the Discrete Manufacturing ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

DIRECT INVENTORY REDUCTION METHOD: UNIT4 ekon 6.0 for Discrete Manufacturing Certification Report UNIT4 ekon 6.0 for Discrete Manufacturing Certification Report Source: Technology Evaluation Centers Document Type: Certification Report Description: UNIT4 ekon is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for discrete manufacturing in the Discrete Manufacturing ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for
8/1/2011 12:01:00 PM

Managing Mountains of Inventory Data, Hexion Ensures Sustainable Growth and Profits
For thermosetting resins producer Hexion Specialty Chemicals, a portfolio of over 50,000 stock keeping units (SKUs) created unique supply chain efficiency challenges. Hexion needed better supply chain management—the key to sustaining growth and profits. In adopting Zemeter solutions, Hexion reduced inventory by more than 20 percent and increased margins—exactly what Hexion needed to stay competitive on a global scale

DIRECT INVENTORY REDUCTION METHOD: Managing Mountains of Inventory Data, Hexion Ensures Sustainable Growth and Profits Managing Mountains of Inventory Data, Hexion Ensures Sustainable Growth and Profits Source: Supply Chain Consultants (SCC) Document Type: Case Study Description: For thermosetting resins producer Hexion Specialty Chemicals, a portfolio of over 50,000 stock keeping units (SKUs) created unique supply chain efficiency challenges. Hexion needed better supply chain management—the key to sustaining growth and profits. In
8/15/2007 2:41:00 PM

Mobilizing ChangePart Two: The Case for Action Method
The case for action is intended as a living document, to be updated and referenced by the business and the project team. It should be referenced during the implementation to ensure that the focus and anticipated outcomes are still on track. After implementation, it is a tool to use to assess the success of the project.

DIRECT INVENTORY REDUCTION METHOD: business, resulting in a direct bottom line improvement). The approach taken to presenting these benefits is largely dependent on the group and what is comfortable for them. Benefits Drill Down The culmination of the workshop is the benefits drill down. This provides the meat on the bones that helps in communication of the case for action. To do this, we look at the benefit or issue as it currently is and how it will be, helping the audience to visualise and experience the difference. We identify
10/2/2003

CSN Achieves Streamlined Order & Inventory Management, Improves Customer Service
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DIRECT INVENTORY REDUCTION METHOD: CSN Achieves Streamlined Order & Inventory Management, Improves Customer Service CSN Achieves Streamlined Order & Inventory Management, Improves Customer Service Source: Junction Solutions Document Type: Case Study Description: ... CSN Achieves Streamlined Order & Inventory Management, Improves Customer Service style= border-width:0px; />   comments powered by Disqus Source: Junction Solutions Learn more about Junction Solutions Readers who downloaded this case study also read these popular documents!
5/24/2013 2:57:00 PM

Inventory Management Associates


DIRECT INVENTORY REDUCTION METHOD: Inventory Management Associates LLC (IMA) developed its first software offerings in the 1980s and has been developing supply chain planning software since.


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