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Inventory Planning/Optimization: Page 177
How Monster Products Copes With Volatile Demand
When it comes to high demand volatility and difficulty in forecasting, few industries match the world of consumer electronics. And Monster Products, the maker of high-quality cables and other accessories for computer, video and sound systems, faces a challenge that's especially daunting. For much of its product line, the company depends on the ever-changing nature of big-ticket items like PCs and flatscreen televisions, not to mention the fickle tastes of consumers. Now add thousands of SKUs to that mix, and you have a forecasting effort that can be brutally complex. In this interview, conducted at eyefortransport's Hi-Tech & Electronics Supply Chain Summit in San Francisco, director of materials Jennifer Hochstatter spoke with managing editor Robert J. Bowman about how Monster Products approaches the problem of prioritizing supply for its extensive product line, and ensuring forecast accuracy for the most critical customers.
Recipharm Site Approved for Supply of Products to Japan from France
Recipharm's solid dose facility located in Fontaine, France, has been approved for supply of manufactured products to Japan's pharmaceuticals market following a recent inspection by the PMDA, the Japanese drug agency.
Old Dominion Freight Line Enhances Service-Center Network
Old Dominion Freight Line Inc. has made several enhancements to its network of service centers.
CSX Exec Bullish on Intermodal Growth
DB Schenker Logistics Expands Services to Ukraine
DB Schenker Logistics has expanded its services to Ukraine.
hybris Releases New Commerce Suite for B2B and B2C Commerce
hybris, provider of an electronic commerce platform, has released a new version of the hybris Commerce Suite.
PrimeRevenue Unveils Tool to Aid in Managing Electronic Payments
PrimeRevenue Inc. has introduced SCiDraft, a tool for managing electronic time drafts on the vendor's OpenSCi platform for supply-chain finance (SCF).
Choptank Transport Launches Refrigerated LTL Division
Choptank Transport Inc. has created a division for handling refrigerated, less-than-truckload (LTL) freight.
Norbert Dentressangle Extends Representation to Vietnam
The freight-forwarding division of Norbert Dentressangle has set up a representative office in Vietnam.
German Retailer Tracks In-Store Apparel Inventory with RFID Technology
German clothing company C&A is expanding its radio frequency identification system from what was initially a trial involving five of its stores in Germany, to cover 25 locations. C&A, which manufactures its own apparel and footwear for men, women and children, is testing whether the technology can improve its supply chain visibility and in-store inventory, to ensure that at all times certain goods are on the shelves for purchase at each of its stores.
Menlo Worldwide Logistics Expands Operations in Belgium
Menlo Worldwide Logistics has established a new distribution center in Genk, Belgium.
Canadian Tire to Use Tablets to Enhance In-Store Shopping
Canadian Tire will deploy at least 5,000 tablet devices to its core network of 490 stores beginning in May. The rollout follows fast on the debut of a digital content hub designed to improve both in-store and online shopping experiences at Canada's largest retailer.
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