About the Author
Plex, by Rockwell Automation, is the leader in cloud-delivered smart manufacturing solutions, empowering the world’s manufacturers to make awesome products. Our platform gives manufacturers the ability to connect, automate, track and analyze every aspect of their business to drive transformation. The Plex Smart Manufacturing Platform includes solutions for manufacturing execution (MES), ERP, quality, supply chain planning and management, Industrial IoT and analytics to connect people, systems, machines, and supply chains, enabling them to lead with precision, efficiency and agility.
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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Emerging New Trends Changing Supply Chain Management Today
What are the current trends in supply chain management? This article covers six key trends causing significant impact and change to the supply chain. ...
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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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Chief Supply Chain Officer Responsibilities
Supply chain planning requires the implementation of best practices in network design and demand forecasting. We cover this and all the responsibilities of a Chief Supply Chain Officer. ...
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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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The Path Manufacturers Should Take Toward Industry 4.0
The benefits of Industry 4.0 are crystal-clear. So, why aren’t manufacturers making it their top priority to embrace everything this new approach entails? In other words, why has adoption been so slow? According to TechVentive, it’s because many companies still lack the basic technology infrastructure that must be in place before they can exploit Industry 4.0....
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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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E&O Inventory Management
Inventory is an ongoing challenge for companies - especially if it's considered outdated and over-stocked. Learn more about E&O inventory management here. ...
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