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Is There a Smarter Way to Handle Excess Active and Obsolete Inventory?
Imagine the convenience of a 24x7 intranet marketplace where companies could sell off their inventory to the highest bidder. FreeFlow is one such business

excess inventory objective  products, the problem of excess inventory is seldom a priority. Companies often resort to high-overhead marketing promotions, rebates, or complete inventory write-offs to unload their excess inventory. Let the (Excess) Inventory Flow! Rather than falling back on these detrimental practices under duress, many have wondered whether there might be better, more deliberate ways of dealing with the conundrum of excess inventory instead of customarily writing it off against financial reserves, which directly Read More...

Moving Beyond Lean Manufacturing to a Lean Supply Chain
Most lean manufacturing deployments target production operations, but can also be extended to other supply chain processes. To realize the multiplicative

excess inventory objective  create demand, and move excess products. Real consumer demand information was hidden in components of the supply chain and not visible in any actionable format. Manufacturing based on consumer demand has not been the priority but instead the focus has been on asset utilization, production efficiencies, and cost cutting. Fragmented IT applications did not help integrate and synchronize business processes from customer demand back to manufacturing schedule execution for profitably meeting demand. But this Read More...
CRM for Financial and Insurance Markets
Customer relationship management (CRM) focuses on the retention of customers by collecting data from all customer interactions with a company from all access points (by phone, mail, or Web, or&n...
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Documents related to » excess inventory objective


Macola ERP Supply Chain Management (SCM)
The definition of a successful manufacturing enterprise is one that builds the right products, at the right time, for the right price. That@s why so many

excess inventory objective  requested date. Out-of-stocks and excess inventory can be avoided through recommended job and purchase order processes. Users can purchase materials “just-in-time” relative to the live production schedule. Read More...
Less Stock, More Profit: Inventory Optimization
Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI)

excess inventory objective  else. Excess stock means excess capital outlay, which has a massive impact on profitability. However, this has to be balanced against the potential damage of inadequate stock leading to lost sales, lost customers and a negative impact on the bottom line. Achieving the right inventory levels To ensure that customers are consistently served, some companies fill up the warehouse. This results in overstock, which can have devastating effects on a business. With excess stock, companies become more difficult Read More...
Using Inventory Optimization to Reduce Inventory Levels in a Lean Environment
Small and medium businesses (SMB) need to address inventory challenges by using a tightly integrated approach that reflects the dynamics of the extended supply

excess inventory objective  movers Identifying and managing excess stock to improve cash fl ow and decrease holding costs Identifying and controlling the reduction of dead inventory Improving forecast accuracy for better planning Calculating safety stock appropriate to risk/service required Makes the company more effi cient Increasing automated ordering usage facilitates customer service and effi ciency Increasing inventory turns to improve profitability Allowing fewer expedites will keep costs in check Identifying service risk Read More...
Inventory Control Is Perhaps the Most Powerful Tool You Have for Containing Your Warehousing Costs
Your company's success is not only dependent on sales, but also on your company's ability to say,

excess inventory objective  Control Is Perhaps the Most Powerful Tool You Have for Containing Your Warehousing Costs Inventory Control Is Perhaps the Most Powerful Tool You Have for Containing Your Warehousing Costs Featured Author - Ren Jones - November 26, 2005 Originally published - November 15, 2003 Inaccurate Inventory Costs Plenty What asset do you have that is more valuable than your people? Inventory! Without it what business would your company be in? Year after year we try to get a handle on this thing called Read More...
Overcoming Chemicals Industry Challenges through Optimization of Distribution and Inventory
For chemical companies, optimizing the distribution network and rationalizing inventories are the keys to an efficient supply chain and smoother operations

excess inventory objective  levels, and redeploy the excess to improve service at high-priority locations. Additionally, some optimization tools should help companies minimize the combined costs of manufacturing and holding inventory, without necessarily sacrificing service. These tools must allow users to examine all the factors that contribute to inventory and production costs, such as cycle times and cycle stock levels, production line transition costs, inventory tradeoffs, and so on. By using the cycle optimizing tool, Read More...
Achieving Effective Inventory Management with Dynamics GP and RockySoft
Looking for a way to maximize the productivity and profitability of your inventory investment? Although good inventory management software is one key to an

excess inventory objective  Effective Inventory Management with Dynamics GP and RockySoft Looking for a way to maximize the productivity and profitability of your inventory investment? Although good inventory management software is one key to an effective inventory management program, it must be implemented by a team that thoroughly understands the distributor’s needs and challenges. Learn about two solutions that, when combined, can lead you toward the goal of achieving effective inventory management. Read More...
Beating the Big Brands through Vendor-managed Inventory
A growing number of smart suppliers have recognized the competitive high ground to be seized as they deepen their connections to retail customers. By adding

excess inventory objective  the Big Brands through Vendor-managed Inventory A growing number of smart suppliers have recognized the competitive high ground to be seized as they deepen their connections to retail customers. By adding value in the replenishment process through vendor-managed inventory (VMI), small- and midsize manufacturers can differentiate themselves from larger brands. Most importantly, they can develop more profitable relationships with their retail clients. Find out how. Read More...
Supply Chain Management: Morphing the Functional Scope of Service Parts
The quintessential business challenge is to minimize downtime on assets while minimizing the cost of spare and replacement parts inventory. To meet these

excess inventory objective  Chain Management: Morphing the Functional Scope of Service Parts The Morphing Functional Scope of Service Parts SCM There are many requirements involved in the supply chain management (SCM) of service and replacement parts that make the process different from traditional, new parts SCM (see Part One ). As a result, some specialist SCM solutions have been developed to address these challenges. Some might resemble conventional SCM solutions, but feature different approaches. The requirements of Read More...
SAP to Acquire Inventory Optimization Vendor SmartOps
SAP announced on Friday evening its intention to (finally) acquire SmartOps, a move much anticipated for some time. The most enduring mystery about this is not

excess inventory objective  to Acquire Inventory Optimization Vendor SmartOps SAP  announced on Friday evening its intention to (finally) acquire SmartOps , a move much anticipated for some time. The most enduring mystery about this is not that it happened, or why, but why SAP waited so long to make the move. SmartOps had established a leading position in the inventory optimization space, and had obviously formed a very close relationship with SAP, who realized long ago that SmartOps fulfilled a very real supplementary inventory Read More...
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

excess inventory objective  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. Read More...
Inventory Management: 3 Keys to Freeing Working Capital
In times of economic uncertainty, you need to actively seek out best practices in how to adopt practical working capital optimization to improve financial

excess inventory objective  Management: 3 Keys to Freeing Working Capital In times of economic uncertainty, you need to actively seek out best practices in how to adopt practical working capital optimization to improve financial performance while maintaining customer satisfaction. Learn about the three key performance criteria that define best-in-class organizations, and how they’re making their focus within the supply chain on working capital—primarily by optimizing inventory management. Read More...
They Know When You Have Gas
A deal with the American Petroleum Exchange will allow members to have “up-to-the-minute” inventory data on their petroleum storage tanks.

excess inventory objective  Know When You Have Gas They Know When You Have Gas A. Turner - October 10, 2000 Event Summary On September 29, 2000, the Veeder-Root Company, a supplier of equipment and services for fuel management, and the American Petroleum Exchange, an e-marketplace for refined petroleum products, announced a Strategic Alliance. The agreement makes Veeder-Root's Fuel Management Service available on the American Petroleum Exchange's website (www.apexchange.com). The deal enables Exchange members, which include many Read More...

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