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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 excess reduction  be unnecessarily flowing into inventory every year mandates that adding the capability to quickly answer the four assessment questions on page one is an absolute necessity. Excess Inventory Is a Problem in Good Times, and Bad Companies hit by a sharp decline in sales all too often experience a significant rise in inventories because of the considerable and unnecessary time that's usually needed to get incoming supply rebalanced with customer demand. When sales are declining, making the right adjustments 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 excess reduction


Inventory Planning & Optimization: Extending Your ERP System Part Two: How It Works
Organizations today realize that although strategies focusing on outsourcing transportation, e-business and new distribution models are important, these are all

inventory excess reduction  software recovers profit from inventory by making it easier to eliminate excess stock, reduce lost sales and minimize the cost and time in doing so. (Source: www.JustEnough.com ) Inventory management solutions free up company resources to focus on managing the business more efficiently and addressing other business challenges. Inventories typically comprise 40-50% of a manufacturing or distribution organization's capital investment. Right-sizing this investment, without compromising service levels, Read More...
How Inventory Optimization Can Increase Your Profitability
One of the largest expenses for distributors and wholesalers is stock. Many have difficulty finding the perfect balance between ensuring products are available

inventory excess reduction  Inventory Optimization Can Increase Your Profitability IBS is a world-leading supplier of business systems and supply chain management solutions to distribution and manufacturing companies. We generate measurable value by helping our customers utilize our solutions for distribution, warehouse control, manufacturing, supply chains and inventory management. Inventory optimization is the area where most ERP software implementations normally get the highest and fastest Return on Investment (ROI). Source: Read More...
Zooming into an Inventory Free Flow
FreeFlow, a provider of business services with a patented technology, aims to help companies improve product life cycle profitability by providing a unique

inventory excess reduction  The criteria are typically inventory policy (inventory in excess of an agreed number of weeks of supply) and product life cycle status (current, active products). Once the inventory listing is uploaded, authorized finance personnel will update the system with minimum pricing and, together with the sales organization, finalize the target quantities to be promoted. Visibility to the items' condition (new, re-boxed, etc.) allows promotion of new products as well as products not in original packaging. The 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

inventory excess reduction  by having the right inventory in the right locations at the right time Identifying and discontinuing unprofi table slow 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 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,

inventory excess reduction  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 inventory. We select the weekend, we order lunch, we discuss who Read More...
Taking Control: Improved Inventory Visibility Leads to Lean Success
While inventory reduction is a worthy goal for manufacturers, with less “cushion” mistakes and surprises can be costly. When looking at inventory levels and how

inventory excess reduction  Control: Improved Inventory Visibility Leads to Lean Success While inventory reduction is a worthy goal for manufacturers, with less “cushion” mistakes and surprises can be costly. When looking at inventory levels and how to reduce them, it is important to understand the role that inventory plays in the dynamics of plant operations. This paper focuses on inventory inside the plant—from receipt of parts and materials to shipment of finished products—to help you safely reduce your 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

inventory excess reduction  working capital—primarily by optimizing inventory management. Read More...
Maple Leaf Farms Improves Inventory Control with WMS
As one of North America’s premier producers of duck products, Maple Leaf Farms knew the importance of delivering fresh, quality goods to its customers. But in

inventory excess reduction  Leaf Farms Improves Inventory Control with WMS Maple Leaf Farms Improves Inventory Control with WMS If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. VAI is an award winning software developer and an IBM Premier Business Partner. Founded in 1978, VAI is headquartered in Long Island, New York, with branch offices in Florida, California and Illinois. In conjunction with IBM, the company designs customer driven enterprise management soft Read More...
The First Steps to Achieving Effective Inventory Control
Despite varying locations and industries, distributors worldwide often face similar inventory-related problems. Too much of one product, not enough of another

inventory excess reduction  Steps to Achieving Effective Inventory Control Despite varying locations and industries, distributors worldwide often face similar inventory-related problems. Too much of one product, not enough of another… and the list goes on. Discover how many forward-thinking distributors have learned to better manage production inventory—and increase efficiency and profitability—with smart inventory management strategies based on tried and proven methods and best practices. Read More...
Unlocking Working Capital: Best Practices for Reducing Inventory
Two-thirds of the 400 survey participants in a 2007 Aberdeen report about inventory management place a high priority on working capital optimization. Many

inventory excess reduction  Best Practices for Reducing Inventory Two-thirds of the 400 survey participants in a 2007 Aberdeen report about inventory management place a high priority on working capital optimization. Many companies are reconsidering their business strategies, including implementing appropriate technology platforms that help automate supply chain processes. Learn about cost-effective and practical ways to reduce inventory so that working capital can be released. Read More...
Inventory Management Technology Strategies for Distribution
Inventory has been—and continues to be—the lifeblood of the distribution marketplace. While many companies are slow to adopt new strategies and technologies, a

inventory excess reduction  you to see what inventory is or will be available, organize work and align resources and labor to satisfy customer requirements, and optimize fulfillment and distribution processes to ensure that products are delivered on time and in full, each and every time. Source : Infor Resources Related to Inventory Management Technology Strategies for Distribution : Distribution (business) (Wikipedia) Inventory (Wikipedia) Inventory Management Technology Strategies for Distribution Inventory Management is also Read More...
Cost Reduction of a Product through Value Analysis and Value Engineering
Value analysis and value engineering (VAVE) is a systematic process for analyzing the functions of a project, product, process, system, design, or service in

inventory excess reduction   Read More...
Microsoft Business Network (MBN)--Coming of Age? Part Four: More Challenges and User Recommendations
The objectives of end-to-end supply chain visibility are better plans, better service, increased inventory turns, and higher profit margins, where MBN might

inventory excess reduction  plans, better service, increased inventory turns, and higher profit margins. MBN might answer only some of these requirements at this stage. It is going to take much time and an orchestrated effort by MBS and its partners to take functionality from SCM, product lifecycle management (PLM), supplier relationship management (SRM) and so on, and make it available as a software-as-a-service offering. In any case, MBN is a great, initial idea that can lay the foundations for a future product of a more Read More...
Warehouse Management Better Business Practices: Cycle and Annual Counting
If you can’t find the number of parts, finished goods, or products your inventory system says you have, you are wasting your time. There are two ways to track

inventory excess reduction  goods, or products your inventory system says you have, you are wasting your time. There are two ways to track inventory: either by doing a physical inventory count, or by implementing a cycle count program. Manage inventory rather than just store it—learn about the benefits of cycle counting, and how it can help you increase the accuracy of your real-time inventory data. Read More...

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