5 Types Of Inventory Costs [Explained with Examples].

Why You Need a Dedicated Inventory Optimization and Forecasting Software.

Improve Cash Flow with Better Inventory Planning.

Improve Your Bottom Line with Better Inventory Management.

How Bad Inventory Management Results In Lost Customers.

Dynamic Inventory Planning in the Cloud.

Check out how a firm grasp of optimization theory can help you in better inventory planning and implement more efficient solutions.

With global supply chains disrupted, businesses across the board are struggling to manage inventory at optimized levels. Here are some solutions to effectively navigate the challenges:.

Inventory Forecasting – The Beginning or End of Planning?.

e-Commerce Forcing Companies to Improve Inventory & Supply Chain Planning.

Support Your Customer Service Goals with an Inventory Strategy.

“Valogix is easy to use. The ability to sort by vendor warehouse, item or item type is very helpful when you have multiple warehouse locations; you forget Valogix is running in the background! It’s a huge time saver for us and also for our customers.".

“Instead of money being tied up in unwanted inventory, it’s free to be ploughed into the business where it is needed more, such as to fuel the company’s future growth.”.

“Our customers expect to receive the parts they need, when they need them. We have to earn their loyalty by providing them with outstanding service, every time. Using VALOGIX Inventory Planner allows us to re-duce our overall capital expenditures.".

“Prior to using Valogix, we managed our demand planning through a series of excel spreadsheets often experienced line down situations. We implemented Valogix three years ago and the results have been phenomenal.".

“With Valogix, you don’t have to guess – the demand populates and the algorithms get to work. We have much more control and sophisticated forecasting capabilities with the Valogix/NetSuite solution, and that strengthens our ability to meet customer needs and grow market share.”.

“Right away, we were able to identify areas that we could get to work on. When we implemented VALOGIX, we immediately noted that we had $1,800,000 in dead stock. We would have never known that we had such a substantial problem if we hadn’t started using VALOGIX.”.

“Before implementing VALOGIX® Inventory Planner, we would spend 8 hours a day, five days a week on our planning and purchasing procedures. After implementation, we spend fewer than three hours a day and are confident that the numbers are spot on.”.

Supply Chain Planning Must Become Decision-Centric - Pia Orup Lund is senior director analyst with the Gartner Supply Chain Practice.

According to Gartner’s 2022 Supply Chain Planning Business Case survey, few companies initiate the planning process as a purpose-built initiative, relying instead on fixed, cyclic planning to make decisions.