InventoryProduction planningSupply Chain What Is Demand Forecasting and What Can MRP Software Do With It? Demand forecasting could be the key to a business’s future. But how does it work and how could it be leveraged in a way that would be most beneficial? By Karl H Lauri 7 min read
Manufacturing TipsProduction planningSupply Chain An Urgent Matter of Supply Chain Preference COVID-19 has accentuated problems and accelerated change in a global supply chain environment already under stress. By Karl H Lauri 6 min read
AccountingManufacturing TipsProduction planningSupply Chain Different purchasing practices for manufacturers A robust and accurate planning system is critical to any manufacturer. In this article, we are comparing different purchasing practices – ROP/ROQ Principles vs MRP System Planning. By Karl H Lauri 7 min read
Manufacturing TipsProduction planningSupply Chain Forecasting Practice in Manufacturing Business The forecast is an effective tool for planning and managing any type of manufacturing business. Regardless of the industry type, it will reduce the risks. By Karl H Lauri 6 min read
