Purchasing Requirements: How Do your Buyers Know What to Buy?

On 07/23/2022

Some people think that buyers just create purchase orders. That's certainly true but there's a whole lot more to it because there's so much more that leads up to creating and sending out the PO. First and foremost is knowing your purchasing requirements. This really matters because purchase requirements trickle down from the customer, through […]

Six Red Flags to look for in your Purchasing Department

On 03/29/2022

Here are six common purchasing challenges that can impede a manufacturer's ability to efficiently deliver on time. It's hard being a purchasing buyer because everyone is always yelling at you either because you don't have enough material or you have too much. It's also challenging from the standpoint that purchasing operates at the lowest rung […]

Five Basic Requirements for Effective Manufacturing Supply Chain Planning and Execution

On 03/09/2021

The ability to maintain a healthy flow of raw materials from suppliers and product shipments to customers has become increasingly challenging for many manufacturers. Even with the effects of import tariffs and COVID-related disruptions aside, the optimal balancing of supply and demand at key points in the supply chain can still remain elusive for many […]

Managing VMI as the Customer: Transactional Challenges and Solutions

On 03/02/2021

Consigned inventory can pose special transactional challenges for customers who maintain VMI stock Most of us know that consigned inventory, commonly referred to as vendor-managed inventory (VMI), can provide significant advantages in terms of cash flow and material availability. But what if we implement VMI for raw materials or finished goods? -- the kinds of […]

Closing the Loop Between Sales Forecasts and Operations Planning

On 03/01/2021

Demand forecasting can be a practical, useful, and effective strategic planning tool when applied in the right way A common motivation for developing sales forecasts is to drive strategic business planning decisions in the areas of staffing, capital investment, and supply chain management. Some of the challenges that many manufacturers face when attempting to […]

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Purchasing Requirements: How Do your Buyers Know What to Buy?

Six Red Flags to look for in your Purchasing Department

Five Basic Requirements for Effective Manufacturing Supply Chain Planning and Execution

Managing VMI as the Customer: Transactional Challenges and Solutions

Closing the Loop Between Sales Forecasts and Operations Planning