WBSRocks: Business Growth with ERP and Digital Transformation

WBSP428: Grow Your Business by Learning Inventory Replenishment Best Practices, a Live Interview w/ a Panel of Experts

December 08, 2022 Sam Gupta Episode 428
WBSP428: Grow Your Business by Learning Inventory Replenishment Best Practices, a Live Interview w/ a Panel of Experts
WBSRocks: Business Growth with ERP and Digital Transformation
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WBSRocks: Business Growth with ERP and Digital Transformation
WBSP428: Grow Your Business by Learning Inventory Replenishment Best Practices, a Live Interview w/ a Panel of Experts
Dec 08, 2022 Episode 428
Sam Gupta

What comes to mind when you think of engineering change control? Well, if you are a small shop with a few changes per month (or relatively straightforward products), then you might not see as many change orders. But if you are a highly engineered shop or sell custom products, you might receive change orders even after shipping your products. Heavy on change orders? Then you must need a formalized engineering change control process. Otherwise, you might struggle a lot. So what are the best practices of engineering change control?

In today's episode, we invited a panel of cross-functional experts for a live interview on LinkedIn who brings significant expertise to discuss Inventory Replenishment best practices. We discussed the nuances of simpler replenishment strategies such as min/maxes to more advanced such as Kanban, bin, and MRP-centric replenishment strategies. Finally, we discussed the advancements in the inventory replenishment strategies such as DDMRP and how that differs from other traditional methods of inventory replenishment.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

Show Notes

What comes to mind when you think of engineering change control? Well, if you are a small shop with a few changes per month (or relatively straightforward products), then you might not see as many change orders. But if you are a highly engineered shop or sell custom products, you might receive change orders even after shipping your products. Heavy on change orders? Then you must need a formalized engineering change control process. Otherwise, you might struggle a lot. So what are the best practices of engineering change control?

In today's episode, we invited a panel of cross-functional experts for a live interview on LinkedIn who brings significant expertise to discuss Inventory Replenishment best practices. We discussed the nuances of simpler replenishment strategies such as min/maxes to more advanced such as Kanban, bin, and MRP-centric replenishment strategies. Finally, we discussed the advancements in the inventory replenishment strategies such as DDMRP and how that differs from other traditional methods of inventory replenishment.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.