Blogs

Sourcing Innovation: What To Look For in a Modern Inventory Management System

A recent article in Canadian Transportation and Logistics on when choosing new logistics software, true competitive value comes from creative execution not just buying the hottest system made some great points in what to look for when choosing a new inventory management / warehouse management

The 21st Century Supply Chain » Blog Archive » You might be expediting too much IF…

A couple weeks ago, I posted a message titled “Expediting versus Planning?” A lot of response and comments were received with some valuable insight and recommendations on how to reduce expediting and its relation to effective planning.

Hospital Inventory Management Firm Introduces A New Approach « SCM Pulse

Hospital Inventory Management Firm Introduces A New Approach to …Newswire Today (press release) – London,UKBecause inventory costs are on average 24% of most hospitals’ expenses, these institutions make management of the supply-chain process their operational …<img alt=""

Sourcing Innovation: Five Common Inventory Management Mistakes from Demand Solutions

Demand Solutions recently released a white paper on managing inventory for optimal advantage (registration required) that overviewed 10 common inventory mistakes and how to correct them. Of these, the following five can cost an organization dearly if not corrected. Forecast Management

Sourcing Innovation: b-Pack: Packing It In for A Brave New World, Part III

Two weeks ago, in Part I, we told you how b-pack, hot on the heels of Ivalua, had decided to cross the Atlantic and join in the conquest to bring the bohemian revolution to the world of Procurement and P2P with their extensive solution suite that actually closes the P2P loop. Then, last week in

The 21st Century Supply Chain » Blog Archive » Complex vs. simple expiry modelling in supply chain

Expiry planning adds a whole new dimension to the supply chain planning and simulation process, but in those industries where expiry (or best before) is part of their manufacturing and distribution process (pharma, food, med devices among others), the ability to generate production plans that take

The 21st Century Supply Chain » Blog Archive » Cycle counting 101

I was at an event last week where I met a guy who works for an electronics contract manufacturer. He was telling me about a physical inventory they were doing at the plant. Apparently the physical inventory was revealing a lot of inventory discrepancies.

Sourcing Innovation: SYSPRO: Forecasting and Inventory Optimization for Small & Mid-Sized

SYSPRO is an established ERP suite provider (that has been around for over 30 years) that also provides Forecasting, Inventory Optimization, and Warehouse Management solutions in addition to the 40+ other modules that it provides. The Inventory Optimization solution (in SYSPRO 6.1) is one of their

Sourcing Innovation: The Basics of Inventory Management, Courtesy of SYSPRO

As a precursor to my future post on SYSPRO's new Inventory Optimization solution, I thought I'd provide a brief review of their free e-book on Supply Chain, Inventory Management,& Optimization: Skills for Small Businesses, available on request to clients and prospects. While it doesn't delve

The 21st Century Supply Chain » Blog Archive » In praise of the local hero

In his white paper entitled Four Steps to Take Now to Prepare for the Recovery: Strategic Supply Chain Management Strategies to Maximize Operations Performance Over the Long-Term, John Sicard talked about the need to empower people to collaborate.

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