by Vanguard Software | Feb 19, 2021 | Inventory Optimization, Retail, Supply Chain
SKU Rationalization: What Is It and Why Is It Needed? SKU rationalization enables organizations better control of product portfolios and improves their bottom line. In the past, SKU (Stock Keeping Units) proliferation was a viable path to growth as companies focused...
by Vanguard Software | Jul 31, 2020 | Inventory Optimization, Supply Planning
Spare Parts Inventory Manufacturers have always been focused on keeping costs low, but in unprecedented times such as these, cutting costs has never been more important. Although many organizations tend to focus on reducing head count to reduce costs, others are...
by Vanguard Software | Jul 24, 2020 | Supply Planning, Inventory Optimization
Managing an inventory of spare parts to support an organization’s industrial operations is critical, yet is one of the most challenging operations for most organizations. Being able to keep up with the complexities that come with spare parts inventory management...
by Vanguard Software | Apr 3, 2020 | Demand Sensing, Demand Planning, Inventory Optimization
Demand Sensing is the ability to pick up on short-term trends immediately allowing you to predict what customers want and when they want it better. Rather than working with the same forecast over time, you can challenge forecasts with the latest data and make...
by Vanguard Software | Mar 20, 2020 | Supply Planning, Advanced Analytics, Inventory Optimization
Supply Chains are becoming increasingly complex and so are the associated planning practices. Companies often make sense of the complexities manually using Excel spreadsheets or older styles of systems, which can lead to version control issues and human errors....
by Vanguard Software | Jan 10, 2020 | Inventory Optimization, MEIO, Retail, Supply Chain
The challenge of new product introductions Corporate ambition is a good thing. When your leadership (and contributing) teams are always striving to bring newer and better products to consumers, you have the makings of continued success. If these new products (along...
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