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Documents related to » Stockouts


Stock Build Optimization in Food and Beverage Manufacturing: Are Your Profits Suffering Due to Stockouts or Expired Stock?
For food and beverage manufacturers, the failure to meet demand peaks can result in poor customer service, lost revenue, stockouts, brand erosion, and—in extreme cases—being delisted by a major customer. However, with stock build optimization, manufacturers can minimize the time and total value of the stock being held, and realize higher profits and working capital.

STOCKOUTS: Profits Suffering Due to Stockouts or Expired Stock? Stock Build Optimization in Food and Beverage Manufacturing: Are Your Profits Suffering Due to Stockouts or Expired Stock? Source: Intentia International Document Type: White Paper Description: For food and beverage manufacturers, the failure to meet demand peaks can result in poor customer service, lost revenue, stockouts, brand erosion, and—in extreme cases—being delisted by a major customer. However, with stock build optimization, manufacturers
2/10/2006 11:09:00 AM

Intentia Prepares for Merger with Lawson
Before merging with Lawson, Intentia already had initiated cost-cutting measures on its products, target markets, and sales channels. This, corporate cultural changes, and an infusion of research money help the

STOCKOUTS: 20 percent to avoid stockouts and product waste. In other words, the solution tackles one of the major issues facing the food and beverage industry—the need to build stock to meet seasonal peaks and promotional spikes. According to reports from the Food Marketing Institute and Grocery Manufacturers of America , product waste is estimated to have cost food manufacturers $2.57 billion (USD) in 2004, and $6 billion (USD) in lost retail sales from stockouts, which run as high as 13 percent during promotion
10/26/2005

Impressive Enterprise Resource Planning Solution Gets A Little Help From Its Friends
Despite impressive product depth and breadth (for instance, customer relationship management [CRM], workflow, traceability, and quality management are provided natively), Strategic Systems International (SSI) has longstanding partnerships with several best-of-breed specialists.

STOCKOUTS: to happen. For example, stockouts might appear as reduced demand, whereas in fact they were unsatisfied demands. The effect of stockout hence needs to be automatically eliminated from the sales history to provide a more realistic forecast. Thus, a key feature in the forecasting module is automatic outlier elimination, which allows the system to adjust historical data points to reduce the effect of non-standard market events, such as once-off sales (or missed sales), on forecasts. The benefits are
7/27/2006

It s the Aftermarket Service, Stupid! (Part I) » The TEC Blog
balance the risk of stockouts (i.e., missed sales opportunities translated into poor customer service) with the (often hefty) investment (and tied up capital and cash) in inventory (safety stocks). This becomes sort of a “damned if you do, damned if you don’t” situation. But the situation becomes much more complicated when one has to take into consideration multi-echelon distribution channels that entail hundreds or thousands of possible part locations worldwide, and even hundred thousand

STOCKOUTS: aftermarket service, inventory optimization, mca solutions, mca spo, multi echelon inventory, pbl, performance based logistics, service level agreement, service planning & optimization, servigistics, sla, spare parts, TEC, Technology Evaluation, Technology Evaluation Centers, Technology Evaluation Centers Inc., blog, analyst, enterprise software, decision support.
05-03-2008

SAP as a Retail Market Force: More Fact Than Fiction
TEC principal analyst P.J. Jakovljevic interviews the SAP Retail Industry team to shed some light on SAP’s strategy with regard to the retail industry. Can SAP, a market and technology leader in business management software, translate its success in the manufacturing industry to retail? TEC principal analyst P.J. Jakovljevic reviews the complexities of this master vertical and the steps SAP has taken to address them. The ensuing candid discussion with the SAP Retail Industry team sheds some light on SAP’s strategy with regard to the retail industry.

STOCKOUTS: larger basket sizes, fewer stockouts, and more effective promotions and measure the effect of product relationships on overall sales, margin, and inventory. Affinity Insight for Retail has been developed by SAP’s aforementioned PIO services. We also have planned innovations for leveraging the SAP HANA platform to support further retail applications, such as planning and customer segmentation—for example, we are aiming to release our Sales Analysis for Retail analytic application on SAP HANA sometime
1/5/2012 11:29:00 AM

Ask the Experts: Approaches to Data Mining ERP » The TEC Blog
on hand, deliveries, possible stockouts, manufacturing capacity and delivery priorities. All to optimise manufacturing utilisation which in theory allows for goods to be produced at the lowest cost. MPS (Production Scheduling) and MRP (Material Requirements Planning) are each highly optimised. And since the three topics, Inventory requirements, MPS, and MRP are all interrelated and usually done within the one organisational complex (at one site) it is possible to have fantastic benefits. Optimisation in

STOCKOUTS: Business Intelligence, business performance management, data mining, enterprise resource planning, ERP, TEC, Technology Evaluation, Technology Evaluation Centers, Technology Evaluation Centers Inc., blog, analyst, enterprise software, decision support.
08-05-2008

Sales and Operations PlanningPart One: Identifying and Forecasting Demand
An effective sales and operations planning game plan results in fewer stock-outs, shorter delivery lead-times, higher on-time shipping percentages, a manageable amount of expediting, and improved customer service. Several guidelines are suggested to improve a firm's sales and operations planning process and the effectiveness of each product's game plan.This is an excerpt from the book Managing Your Supply Chain Using Microsoft Navision.

STOCKOUTS: customer service objectives regarding stockouts, partial shipments, and delivery lead-times. The additional inventory is termed an inventory plan. An inventory plan is typically expressed for SKUs at the highest possible stocking level, such as saleable end-items that are purchased or manufactured to stock. A make-to-order manufacturer, on the other hand, typically expresses an inventory plan for stocked components. An inventory plan can be explicitly expressed as an SKU s safety stock quantity or as a
12/11/2003

Supplier Relationship Management (SRM) Software Evaluation Report


STOCKOUTS: Supplier Relationship Management (SRM) Software Evaluation Report allows you to compare and analyze the features, functions, and services of multiple enterprise software solutions. Vendor responses are comprehensively rated on their level of support of for each criterion (supported, not supported, customization, future releases, etc.) to ensure you make and accurate and informed decision.

Inovis Delves into PIM by Snatching QRSPart Four: Market Impact
While owing to a number of similar products and to former competition between the merging parties this merger has a merit of growth by acquisition in a slow growing (or even declining) EDI-VAN market, the merger of Inovis and QRS may well emphasize some interesting dynamics within the retail market segment.

STOCKOUTS: inaccurate product shipments, and stockouts. The still current manual, paper-based item authorization procedures at some sites continue to create unnecessary shipment lag times and also impede the future growth. This is particularly true when on average a grocery retailer may be required the collection and entry of hundreds pieces of data to introduce one new product from one supplier into the network of thousands of trading partners. Consequently, the term PIM has appeared more frequently lately in the
11/19/2004

Managing Your Supply Chain Using Microsoft Axapta: A Book ExcerptPart One: Sales and Operations Planning
Managing Your Supply Chain Using Microsoft Axapta provides an overall understanding of how the system fits together to run a manufacturing or distribution business. This book excerpt focuses on running the business from the top with sales and operations planning (S&OP). Variation in operations affect the S&OP process and the nature of demand impacts the S&OP game plans.

STOCKOUTS: customer service objectives regarding stockouts, partial shipments, and delivery lead-times. The additional inventory is commonly called an inventory plan or safety stock . An inventory plan is typically expressed for items at the highest possible stocking level, such as saleable end-items that are purchased or manufactured to stock. A make-to-order manufacturer, on the other hand, typically expresses an inventory plan for stocked components. An item s inventory plan can be explicitly expressed as a
3/23/2004

Optiant Going to a (Much) Better Place: Logility – Part 1 » The TEC Blog
against the risk of stockouts (i.e., poor customer service and fill rates). Optiant’s Powerchain (now Logility Voyager Inventory Optimization ) product also allows enterprises to effectively measure the tradeoff of inventory investment and desired  customer service  levels. The big question is: how valuable is this type of functionality that optimizes inventory policies, taking into account variability on the  supply and demand  side, leading to cost-effective inventory settings and supply

STOCKOUTS: cpg, demand planning, demand solutions, flowcasting, i2, ibm ilog, inventory optimization, io, jda, logic tools, Logility, logility voyager, optiant, Oracle, powerchain, redprairie, s&op, SAP, sce, SCM, scp, smartops, strategic network design, supply chain, TMS, toolsgroup, transportation planning, warehouse management, WMS, TEC, Technology Evaluation, Technology Evaluation Centers, Technology Evaluation Centers Inc., blog, analyst, enterprise software, decision support.
15-04-2010


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