What Does Your Pantry Have in Common with Inventory Management?
Unlike a fine wine, inventory does not get better with age. Learn more about the importance of balancing inventory levels with related costs.
Where Are You Investing in 2023?
Investments typically fall into the familiar categories of people, process, and technology. So, what does this prioritization mean?
Is Warehousing Imperative to Reduce Logistics Costs?
Logistics costs account for a large portion of final costs. This blog explores whether warehousing can help optimize the logistics process.
Demand Planning by Segmentation-based Exceptions
Demand planners are facing unprecedented pressures caused by the all-time high number of planning combinations. Supply chain planning software can help.
How to Mitigate the Bullwhip Effect in Today’s Market
One flick of the wrist triggers a wave of disruption that grows the deeper it penetrates the supply chain. This blog explains the bullwhip effect, how the pandemic exacerbated it and tips on how to mitigate the effect.
Lessons Learned from a Complex Transformation Project
Common language, silos, process vs progress and utility vs value are important considerations when undertaking a complex project.
3 Must-have Inventory Planning Software Features
Every supply chain planner’s goal is to provide the highest degree of customer service while reducing inventory in the supply chain network. High customer service translates to more business for the organization, and low inventory costs mean increased working capital. Supply chain planners may struggle to balance both, but good inventory planning software would help
How to Have a Serious Conversation About Inventory
Whether you are a manufacturer, retailer or distributor, inventory is likely one of your largest assets – after cash of course. Managing this asset takes a cross-functional team, all (hopefully) moving in the same direction. Weak management of the inventory process results in a porous supply chain.
Suggested Summer Reading from Arkieva
It’s the midpoint of summer and a good time to catch up on “summer reading”. For us at Arkieva, that means digging into industry reports and predictions. Here are a few articles that recently caught our eye.
Demand Patterns Inside a Period
Demand forecasting is often done in planning buckets such as months or weeks. But what about the pattern of demand inside a period? Whatever pattern it is, a demand planner should strive to understand it.