Sales, inventory and operations planning (SIOP) is process used for monitoring and upgrading a company's operating plan. It pulls all departments together to ensure that potential problems can be ...

Production and inventory-planning processes commonly used by companies, called sales & operations planning (S&OP), require predictable demand and supply to function properly. In the post-pandemic ...

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 is a universal headache at most companies - with the potential for significant impacts, both good and bad. Too little inventory puts sales revenue at risk. Yet, having too much inventory ...

In omnichannel and ecommerce companies, inventory management, including tracking and reserving inventory for orders, is crucial for maximizing sales and improving customer satisfaction. If you can’t ...

In today's volatile business environment, CEOs are increasingly recognizing that sales, inventory and operations planning (SIOP) is not merely an operational function but also a strategic lever for ...

In today's fast-paced retail environment, the ability to seamlessly integrate inventory across all channels is not just a nice advantage, it's an absolute necessity — do or die, if you will. In the ...

Business planning has always been part of the core of successful organizations. From startups to Fortune 500 companies, a robust business plan lays the foundation for growth, competitive advantage, ...

Uncertainty was beyond question a certainty the last 18-24 months in a global market besieged by the onslaught of COVID-19, which is still hugging the corners of society. However, there were several ...

Small-business owners who want to avoid cash flow and inventory problems can use strategic supply chain planning. This planning ensures that enough supplies are ordered at the right time, enough ...