Retail

What are the key components of demand planning? 𝘞𝘩𝘢𝘵 𝘪𝘴 𝘋𝘦𝘮𝘢𝘯𝘥 𝘱𝘭𝘢𝘯𝘯𝘪𝘯𝘨? Demand planning is like making a shopping list for a store.Store owners want to make sure they have enough of the things that people want to buy. So they plan ahead by looking at different parts of the Read more…

Enterprise Resource Planning (ERP) systems like SAP and Oracle have become increasingly popular in today’s business world.But did you know that these big ERP systems are not always the best choice for specific tasks like planning, inter-store transfers, and changing stock targets? ERP systems are like big toy boxes with Read more…

Supply chains unique,Embrace the unknown,Discover all that’s yet to do. No two supply chains are the same,Each one is unique in its own way.No one company has it all figured out,There’s always more to learn and say. Leave school with a solid foundation,Of concepts and theories true.But realize that these Read more…

Are we aware of the trade-offs that our current supply chain has? Being mindful of our choices is the first step in getting better. We call it ‘supply chain’ when we make decisions about getting things from the manufacturing place to the store where people buy them. But sometimes, we Read more…

Everyone likes Benchmarking.But, it may hide more than what it reveals. Instead of benchmarking, are you better than before? Why Benchmarking for Supply Chain is Not Easy Benchmarking is like comparing how well you did on a test with how well your classmates did on the same test. It’s a Read more…

New Product Introduction is a complete science in itself.We need to learn from every new introduction what worked and what did not. Only then can we be on the path of ongoing improvement? When a company comes out with a new product, it’s not always a sure thing that it’s Read more…