Analyst insight: Inventory “right-sizing” has forever been tied to business profitability. Today’s endless-aisle mentality requires inventory solutions that understand customer preferences and deliver ...
Aggregate planning accounts for all resources a company has to meet projected demands. The balance of inventory, labor, demand and variations in demand can save money. The planner must use a time ...
Back in March 2024, NPR’s Planet Money featured a fascinating episode called “Is Dynamic Pricing Coming to a Supermarket Near You?” It highlighted REMA 1000, a Norwegian grocery chain that’s doing ...
Editor’s Note: Tracey Smith is an internationally recognized business author, speaker and analytics consultant. She is the author of multiple books and hundreds of articles. Tracey has worked with and ...
Alex Koshulko is a leading supply chain planning expert with over 10 years of experience. Ph.D. CEO and cofounder of GMDH Streamline. Many supply chain managers I’ve talked to over the past several ...
Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...
Inventory optimization and controlled supply chains are the need of the hour. While COVID-19 revealed supply chain shortcomings at the planning level, for example, the global retail industry witnessed ...
Organizations that correctly and thoroughly apply inventory optimization techniques can typically reduce inventories by up to 50% while improving or maintaining service levels. And yet the sad truth ...
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