In a supply chain, the bullwhip effect is a fault that gives rise to artificial supply and demand ups and downs. Simply put, the supply is exaggerated and the inventory grows faster than the demand.
Syndicated data can provide companies with insight into product performance. I also comprises data on assessments, sales, and consumer buying behavior patterns.
Supply Chain Management (SCM) is a systematic and controlled procurement operation. Essentially, supply chain management is the administration and control of the movement of goods between companies and end customers.
In last month’s post, we went over Replenishment 101. This month, we dig in a little deeper and look into monitoring store-level inventory.
SupplyPike started as a way to help consumer product goods companies with growing their businesses. Now, during this unprecedented time, we have decided to go even further. That’s why we are giving away our tools for free.
There are many reasons for creating a store-specific order, but the main idea is that they are entered when a store needs more product than is currently in the pipeline. Here are some reasons for creating an SSO.