Hottest Topics of 2012: Inventory Optimization and Supply Chain Visibility
Inventory Optimization is critical to Success
Supply Chain Visibility: Everyone working from the same pageSupply Chain Visibility is going to be a primary goal in 2013 as supply chains become more dynamic and agile. Companies need to see and channel resources quickly and accurately. Real-time collaboration with retailer and supplier using the same business metrics, linking everyone dynamically is the end result of effective supply chain visibility.
Read the Top Blogs of 2012 Now: Identify Your Opportunities
The most Ignored (and profitable) factors of Inventory Optimization are demand forecast accuracy, supplier constraints, and warehouse (or store) capacity. We explore critical and often overlooked components to Inventory Optimization.
True Inventory Optimization delivers profits by minimizing carrying and acquisition cost. We outline why Inventory Optimization performs poorly through Excel and highlight common problems.
Bad lead times cost dollars. While some vendors will tell you that Lead Time Forecasting isn’t important, we’re here to show you how it is absolutely critical to your profitability. Read on to see why.
Time is money – making poor Lead Time Forecasting a potential money pit for your business. Learn how you can improve your gross margin and increase your profits.
It’s hard to solve the problem that you don’t know exists. Supply Chain Visibility must provide real-time actionable insight to drive behavior changes and profitability in 2013.
Data Profits Delivers Accurate Demand Forecasting
The success of Inventory Optimization and Supply Chain visibility will still ultimately depend on the accuracy of the Demand Forecast. We see in each of the 5 blogs that Demand Forecasting accuracy is central to the success of each process. Key industry analysts Gartner, IDC and AMR will increase their focus in 2013 on Demand Forecasting, Inventory Optimization and Supply Chain Visibility. We believe the industry is starting to follow these ideas based on what was read the most and we believe this is a good thing.
Would you like to learn more about how we deliver Inventory Optimization and Supply Chain Visibility to our clients? Request a Demo, and we’ll show you a more effective way to Profit in your Data.
Copyright © Data Profits, Inc. 2013 All Rights Reserved.
- Lead Time Forecasting - February 7, 2019
- Data Profits in Gartner’s 2017 Retail Replenishment and Forecasting Software Guide for the Sixth Year - February 13, 2018
- Data Profits Releases 4 Easy Replenishment Ideas that Adapt to the Digital Age - July 20, 2017