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Unlock your money from Unused Inventory

Manufacturing companies often realize that the raw material or packing items stay unconsumed for several weeks. Such materials are ordered and inventoried after having borrowed money from banks and other sources, at rates of interest equivalent to 12-15 % per annum. Locked funds and the interest thus accrued due to unused inventories can have a...

Which Forecasting Technique is good for you?

One of the favorite questions of Supply Chain interviewers for the ‘often-nervous’ interviewees is “How do you choose a forecasting method for an FMCG company or a Cement company?” Most interviewees babble about errors (calculated statistically assuming a stable universe!) and dashboards.   To be honest, this is a question that has befuddled most of...

7 Things to do when adopting an Advanced Planning System

Advanced Planning Systems (APS) score well above the ERP systems in the way those make the Supply Chain Planning processes automated, faster, responsive and cost-effective. Such APSs can be extremely costly and time-consuming. Some of the well-received APS are offered by SAP, Oracle, Manhattan, RedPrairie, Infor, and JDA Software. The CIOs are advised to muse...

Decreasing last mile delivery costs and increasing service levels through Vehicle Route Optimization and Scheduling

Last-mile delivery is a complex business with low margins. Be it food, grocery distribution to doorsteps or parcel/courier delivery from hubs to doorsteps or daily replenishment of supermarkets from warehouses. These operations become more complicated if we consider time windows for delivery, truck size restrictions in some neighborhoods, driver shifts and break regulations, SLA, fixed...

Cost effective and responsive supply chain network design using Facilities Location planner

A common problem for large process-based manufacturing organizations with geographically wide distribution is the need to rationalize the economy of scale in production with a large and complex supply chain network. There is a trade-off between the economy of scale achieved through increased production at a more distant site versus additional transportation costs involved. Most...

Improving Inbound & Outbound Logistics at Warehouse using Dock Scheduling

Most of the warehouses face issues in managing inbound and outbound logistics at their warehouses resulting in huge delays in operations. Problems like allocation of docks to inbound and outbound trucks, capacity constraints of docks, and material handling equipment, loading and unloading of trucks, scheduling trucks based on the demand and dock availability, material availability...

Collaborative Demand Planning with Cloud based Demand Planner

Demand planning across an organization requires marshalling a wide range of data like historical sales data, promotions data and data for cause and effect analysis. In order to make the forecast realistic and practical, planners tweak the forecast numbers with their judgemental forecast. Most of this data resides in spreadsheets and therefore building a consensus...