Material Planning Archives

11 Oct

Inventory Management, Supply Chain Management

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

18 Jan

Inventory Management

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

Supply Chain Management

5 Levels of Supply Chain Planning

Dr. Muddassir Ahmed, Ph.D

08 Mar

Inventory Management, Management Science, Sales and Operations planning

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

21 Feb

Career Advice, Inventory Management

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

08 Jan

Management Science

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

10 Sep

Supply Chain Management

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

28 Feb

Inventory Management

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

10 Aug

Inventory Management, Supply Chain Management

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

Tag: Material Planning