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Supply Chain Management
Plex Manufacturing Blog
What is the Difference between Planning and Scheduling?
Any company with operations and production will be dealing with planning and scheduling challenges. This article covers both critical functions in more detail. ...
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5 Warning Signs of Ineffective Demand Planning
When properly executed, demand planning puts you in the best position to deliver exceptional customer service while improving profitability. In contrast, both of those goals are often at risk when demand planning is ineffective. You can head off problems by looking for early signs that your demand planning efforts may be “less than stellar” and need some improvement. Before getting to those, a…
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5 Most Common Mistakes Made in Sales Forecasting
Businesses must cope with fluctuations in demand, supply of raw materials, and shipping. Read these five common mistakes made in sales forecasting. ...
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The Difference Between S&OP and Budgeting & Why It Matters
Discover the easiest way to understand the difference between sales and operations planning and budgeting with PLEX DemandCaster. ...
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5 Ways to Reduce Lead Times in Your Supply Chain
The single biggest frustration a customer will have with any business is waiting. These five tips can help you reduce lead times in your supply chain. ...
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Is Poor Inventory Management Creating Chaos in Your House?
Is your poor inventory management creating chaos in your house? Planning for changes in demand for products is a situation everyone has to deal with. ...
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MRP and Inventory Management
In the world of inventory management, there is a term, Excess & Obsolete, E&O, used to designate two classes of undesirable inventory. Find out more here. ...
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5 Areas Every Supply Chain Leader Should Focus on to Sustain Competitiveness
As a supply chain leader, you must have a broad understanding of how your entire business flows from sales to procurement to engineering to service. You also need access to a reliable and holistic set of data or you’ll feel more like you’re fighting fires instead of delivering on customer demand. ...
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Manufacturers: How Connected is Your Supply Chain Planning?
Unless you have supernatural abilities, you’re like most humans who can’t accurately predict the future. But as a manufacturer—you need an effective way to “see” into future customer demand so you can allocate the right amount of inventory, optimize production, and keep customers happy....
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Common Manufacturing Supply Chain Challenges and How to Overcome Them
The goals of supply chain management and execution is to create a positive customer experience and achieve operational excellence. All too often, execution falls short either because of unanticipated changes or not enough visibility. ...
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