In a simple sense, inventory optimization is what you get when you strike the perfect balance between having enough inventory to satisfy your customer service standards while stocking as little inventory as possible. Customer service standards involve meeting demand—but not past the point that you have too much. But inventory optimization gets complicated when supply and demand are constantly in a state of flux across a sizeable number of SKUs. The larger the complexity, the bigger the challenge. Read the entire eBook here.
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Effective ERP implementation project managers know having a well-defined scope of work (SOW) document is the key to a smooth, successful ERP implementation project. A thorough SOW sets clear expectations for both partner and client by listing specific personnel responsibilities and associated tasks, materials, equipment and deliverables. Simply put, the SOW presents the big picture […]
Every year, Panorama Consulting releases a piece of thought leadership in its ‘ERP Report’, where it polls candid and anonymous responses from organizations that have completed their ERP implementations. The 2018 ERP report questioned more than 200 businesses, both large and small, primarily in the United States, Europe, and Asia. We took a detailed look […]