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Inventory Optimization: A Technique for Improving Operational Inventory Targets
To boost efficiency, run leaner, and drive down the cost of supply, many organizations are exploring inventory optimization—a technique for improving

inventory control technique  Technique for Improving Operational Inventory Targets To boost efficiency, run leaner, and drive down the cost of supply, many organizations are exploring inventory optimization—a technique for improving operational inventory targets to address the realities of today’s highly complex, ever-evolving global supply chains. This paper examines how the stochastic multistage, multi-inventory model supports inventory optimization. Read More...
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » inventory control technique


APICS 2009 Preview Series, Session 1-Time Management and Master Scheduling: Built from the Same Cloth
I listened to a webinar organized by The Association for Operations Management (APICS) for their upcoming International Conference and Expo,which will be hosted

inventory control technique  through its on-hand replenishment inventory, which can be defined by the sales team and the master scheduler. All factors of prioritization need to be considered before a product gets prioritized in the MPS schedule. Mr. Sheldon defined the process of MRP and pull in the webinar but he did not go into too many details of sales and operations planning (S&OP) and its link with MPS. He mentioned that the S&OP topic will be covered in detail at the APICS convention. For me, the most interesting part of the Read More...
Stand Up, Sit Down...Don’t Fight, Fight, Fight
Can you relate to the following software demo situation? Jennifer, the sales engineer, is at the keyboard. She's on a roll. She's been setting the stage to show

inventory control technique  Up, Sit Down...Don’t Fight, Fight, Fight The Situation Can you relate to the following software demo situation? Jennifer, the sales engineer, is at the keyboard. She's on a roll. She's been setting the stage to show how her price matrix capability will eliminate costly errors. This is all-important to the prospect. She has the audience's full attention and is steadily moving them toward her objective. Suddenly Robert, the account executive, interrupts from the back of the room. Jennifer, I think Read More...
Reducing Costs with Efficient Operations: A Fast Track to More Working Capital
Untamed costs can deplete the precious working capital that’s critical to your ongoing operations. But, you can get a handle on costs by taking steps to improve

inventory control technique  need to focus your inventory on key products and narrow safety stock levels, still ensuring you can meet demand. • Inefficient use of assets and materials – How much can you skimp on materials before you undermine the quality of your product? Better to apply efficiencies in materials management and procurement to manage costs. With a haphazard materials management system, you’re scrambling just to locate needed materials rather than negotiating the best prices from reliable suppliers. You need a Read More...
Lean Tools and Practices that Eliminate Manufacturing Waste
A number of lean manufacturing tools and practices have long been used to reduce manufacturing waste. These include the five S's, visual controls, standardized

inventory control technique  aim is to improve inventory control and shorten production cycle times by controlling the level of inventory and work by the number of kanbans in the system. Over time and with process improvements, the quantity of components in the kanban bin can be reduced or resized dynamically, on-the-fly, as required. Pull systems and pull signals (i.e., any signal that indicates when to produce or transport items in a pull replenishment system) can be found in many operational departments. For example, in just-in-ti Read More...
Case Study: Rowmark LLC Doubles in Size while Reducing Inventory and Customer Service
A few years ago, the top customer complaint for plastics provider Rowmark was shipping errors. For several reasons, customers weren’t receiving what they

inventory control technique  in Size while Reducing Inventory and Customer Service A few years ago, the top customer complaint for plastics provider Rowmark was shipping errors. For several reasons, customers weren’t receiving what they ordered. Problems were traced back to handwritten inventory labels, and manual counting and checking of orders. Learn how the company upgraded the system it already had by adding bar code labels and scanning, as well as other electronic data interchange (EDI) techniques. Read More...
Inventory on the Water: Do You Know Where It Is?
Today, more and more companies are purchasing goods from overseas. But once those goods are on the water, many companies find it difficult to keep track of

inventory control technique  on the Water: Do You Know Where It Is? Today, more and more companies are purchasing goods from overseas. But once those goods are on the water, many companies find it difficult to keep track of where they are at any given time. Ineffective container management leads to extra costs, but with Sage ERP X3’s import tracking functionality, business functions are tied together in a single database—enabling real-time access to information and improving productivity. Read More...
Health eConnex: Processing In-house with Complete Remote Control
What do you do with a growing number of customers and not enough office space for workers? Health eConnex, a health care claims-processing service, found the

inventory control technique  eConnex: Processing In-house with Complete Remote Control What do you do with a growing number of customers and not enough office space for workers? Health eConnex, a health care claims-processing service, found the solution in optical character recognition (OCR) for AnyDoc Software’s remote verification feature. Now employees telework, processing 75,000 claims a day with 99.5 percent accuracy. Learn how the solution helped make manual data entry a thing of the past. Read More...
Transforming Inventory Into a Strategic Weapon
If you prefer the more productive, long-term approach, check out Transforming Inventory into a Strategic Weapon.

inventory control technique  Inventory Into a Strategic Weapon You can view inventory optimization as a one-time fix for quick returns, or a long-term strategy for competitive advantage. If you prefer the more productive, long-term approach, check out Transforming Inventory into a Strategic Weapon . In this practical guide , you'll learn how best-in-class companies create an ongoing competitive edge by aligning their day-to-day inventory plans with top-level corporate goals. You'll discover how to define the right supply Read More...
Best Practices in Demand and Inventory Planning for Chemical Companies
Supply chain planning involves functions such as demand forecasting and planning, distribution inventory planning, and plant capacity planning and scheduling

inventory control technique  Practices in Demand and Inventory Planning for Chemical Companies 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. Read More...
Identifying Critical Change Control Failure Points
There are key systems in every infrastructure where unapproved change can pose significant business risk. These guidelines show you how to properly categorize

inventory control technique  Critical Change Control Failure Points There are key systems in every infrastructure where unapproved change can pose significant business risk. These guidelines show you how to properly categorize these systems in order to identify those that have risk characteristics. By learning how to identify critical change control failure points in your infrastructure, you reduce the threat of costly downtime, potential security breaches, and compliance weaknesses. Read More...
RockySoft Inventory Management Suite
RockySoft's Web-based inventoy management modules for distribution and manufacturing include Active Inventory Manager, Demand Management, Demand

inventory control technique  Inventory Management Suite RockySoft's Web-based inventoy management modules for distribution and manufacturing include Active Inventory Manager, Demand Management, Demand Collaboration Portal, Economic Order Manager, Requirements Planner, Capable to Promise, Supplier Portal, and Vendor Managed Inventory. Read More...
Inventory Reduction: Effectively Turning Excess Into Cash
In virtually all manufacturing companies, there is a direct correlation between inventory levels and overall business performance. In fact, CEO's and CFO's

inventory control technique  You want to get inventory under control before you introduce major new ERP and supply chain solutions-not afterwards. If you don't get the inventory on the right path first, today's bad inventory practices and policies are likely to be perpetuated tomorrow in the company's new Supply Chain Management system. Rapid Inventory Reduction A number of companies have used the Rapid Inventory Reduction Methodology as a way of quickly bringing their inventory levels down and into alignment with customer demand. Read More...
Continental Control Systems LLC


inventory control technique  Control Systems LLC Read More...

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