Tag: Material Planning
What is Plan for Every Part (PFEP)- 4 Levels of Benefits
What is Plan for Every Part (PFEP)? PFEP – an acronym is originating from the Lean Community. The PFEP is used to define a plan
Read More
7 Rock-Solid Inventory Management KPIs Proven to Control Your Inventory
Every business person understands that the essence of inventory in the running of a business is huge and should not be overlooked. The reason for
Read More5 Levels of Supply Chain Planning
Dr. Muddassir Ahmed, Ph.D About the Author- Dr Muddassir Ahmed Dr MuddassirAhmed is the Founder & CEO of SCMDOJO. He is a global speaker, vlogger and supply chain industry expert with 17
Read More
14 TESTED DEMAND FORECASTING METHODS YOU NEED
We all know the importance of demand forecasting in the supply chain, but the question people mostly ask which of the many forecasting methods is
Read More
Importance of Inventory Management – 14 Awesome Benefits You should know
Do you know the importance of inventory management?I am sure most of you will say yes! But do you know the full range of benefits
Read More
5 Reasons Why Machine Learning Forecasting Is Better Than Traditional Forecasting Techniques
Machine Learning Forecasting is attracting an essential role in several significant data initiatives today. Year ago, I have mentioned machine learning as top 7 future
Read More
6 Reasons Why It Is Important to Understand Expected Customer Lead Time
Customer Lead Time is unquestionably a buzz word in today’s fast paced business environment, and everyone involved needs an in-depth understanding as to why it
Read More
The ABC-XYZ Inventory Management Model – Align Planning Parameter with Business Goals
Why Consider Inventory Management Model? One of the leading problems in SCM is the optimization of inventory. Inventory is actually a consequence of other business parameters
Read More
12 Powerful Inventory Reduction Tips to Free Up Cash
Inventory reduction is one of the key goals for most businesses. In this article I have outlined 12 tried and test tips which I have
Read More