Logility

AUGUST 31, 2022

It’s a complex problem, but you can successfully optimize inventory levels with the right approach and technology. With all of today’s supply chain disruptions, and new ones no doubt lurking around the corner, companies without optimized inventory are risking overpaying and underperforming. Inventory Optimization Challenges.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Disruption Optimal Sourcing Inventory Reduction 130

BlueYonder

OCTOBER 6, 2023

” – Sir Winston Churchill Having just returned from the 2023 Automotive Logistics and Supply Chain Global conference in Detroit, these words are very fitting to encapsulate the essence of the event. “Never let a good crisis go to waste.” Short-term visibility at the Purchase Order/ASN level is insufficient.

Waste Reduction 83

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 83

SCMDOJO

APRIL 9, 2024

The term “logistics” may be relatively new, but its general principles date back to ancient civilizations. The early Mesopotamians, Egyptians, Greeks, and Romans pioneered the principles of logistics and designed trade routes to facilitate their connections with other nations.

Supply Chain Design Software 77

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 77

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Supply Chain Opz

JANUARY 3, 2022

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. In the United States, the median wage for a Logistics Manager is around $70,000 annually. Best Logistics Book for Beginners: 1.

Logistics Network Optimization Software 130

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ModusLink Corporation

FEBRUARY 9, 2022

Inventory Management has always played a key part in any successful Supply Chain. Correctly managing inventory levels helps companies to swiftly adapt to unpredictable changes within the marketplace. Without adapting to the current demand, your winter jackets will become excess inventory overtime. Inventory Management.

Inventory Management Software 78

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 78

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Logistics Viewpoints

JUNE 26, 2023

Mr. Beery began by visiting Procter & Gamble, UPS Logistics, the devices division at Microsoft, and other companies with advanced supply chains. The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions.

Supply Chain Planning Software 207

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Logistics Viewpoints

APRIL 3, 2023

This is combined with data from external sources on weather, logistics lead times, and sustainability performance. They are designed to have minimal impact on the performance of the underlying source systems. If there is not enough inventory to meet the demands of all the customers, which customers does a company prioritize?

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 252

Supply Chain Shaman

JUNE 9, 2023

The demand must be embraced as a flow, not an analysis of time-phased data, to drive better insights. With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. Companies need a planning solution to analyze the trade-offs between make, source, and deliver.

Optimal Sourcing 314

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 314

Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. Logistics can be a challenge. This digital twin contains network costs – the inventory carrying cost is X for this product, by Y for this one.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

The Logistics & Supply Chain Management Society

MARCH 22, 2022

For example, the One Network platform for supply chain planning and execution is used by the Ministries of Health in Nigeria, Ghana, and Rwanda, providing comprehensive inventory visibility across all health facilities for real time supply demand matching and collaborative decision making. End-to-End and Real-Time Logistics.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

Supply Chain Game Changer

OCTOBER 29, 2020

Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. These are the must-haves for any effective freight sourcing team. Subscribe Here!

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Supply Chain Shaman

APRIL 30, 2020

In the eight years of the Supply Chains to Admire Analysis, there has never been a winner in the pharmaceutical industry. The companies are just not good at managing inventories and orchestrating distribution strategies. In Table 1, we share the Supply Chains to Admire 2019 analysis. New Problems Require New Solutions.

Supply Chain Design Software 357

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 357

Logistics Viewpoints

APRIL 10, 2024

A redundant supply chain has spare or backup capacity, such as inventory, equipment, facilities, and suppliers, that can be activated or mobilized in case of disruptions. Identify the sources, types, and probabilities of potential disruptions, as well as their impacts and consequences for supply chain performance and objectives.

Baltimore 250

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 250

Logistics Viewpoints

SEPTEMBER 29, 2022

This team in Chicago is responsible for logistics and coordinating efforts with vendors. Visibility across the supply chain can enhance the ability to locate inventory and more intelligently prioritize its allocation to projects. Finally, a traditional network, transportatio n, cubic utilization analysis was done.

Supply Chain Transformation 242

Supply Chain Transformation Network Optimization Supply Chain Network Software Optimal Sourcing 242

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Locus

APRIL 3, 2023

All successful modern-day businesses rely on an efficient system of logistics management. This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. from 2019 to 2025.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

ThroughPut

APRIL 30, 2024

Supply chain forecasting predicts future demand for products and services, inventory needs, and production planning based on historical data, market analysis, and current trends. Demand planning, inventory management, production scheduling, and distribution planning are the components of supply chain forecasting.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

Intelligent Audit

OCTOBER 27, 2022

Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. Examples of Big Data in Logistics Uses.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. This analysis surfaced the need for alternative suppliers for these products. But in 2021, “all of a sudden there were just completely random shortages that occurred with no warning.”

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

ThroughPut

NOVEMBER 16, 2021

Integration of multiple distribution channels Customer satisfaction Inventory and storage management End-to-end supply chain visibility. Amongst these challenges, inventory management impacts all others. Multiple distribution channels are also more effectively managed when on-time delivery of inventory is ensured.

Inventory Reduction 52

Inventory Reduction Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 52

ThroughPut

APRIL 15, 2024

Supply chain forecasting predicts future demand for products and services, inventory needs, and production planning based on historical data, market analysis, and current trends. Demand planning, inventory management, production scheduling, and distribution planning are the components of supply chain forecasting.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. News coverage showcases the differences between logistics and supply chain management. China was the source of over 90% of PPE.) Expect border friction and logistics to be an issue. My last post on the Supply Chain Shaman blog was forty-five days ago. Another example is testing.

Supply Chain Planning Software 443

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 443

Supply Chain Opz

MAY 1, 2018

Are you a beginner and you want to learn about each logistics function? We will show you 5 logistics books that will help you learn faster than any other books. Why is Logistics a Good Career? In the United States, the median wages for a Logistics Manager is around $90,000 annually.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

Supply Chain Opz

APRIL 1, 2018

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. Do You Need a Logistics Book? In the United States, the median wage for a Logistics Manager is around $70,000 annually. The links below are paid links.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

ShipBob

JULY 18, 2022

As an ecommerce business, maintaining inventory is make or break for your brand. After all, having inventory on hand is important to keep operations running smoothly and to satisfy customers. But there are various considerations to keep in mind: Do I have enough inventory to meet demand? How can I overcome inventory loss?

Risk Management 52

Risk Management Inventory Reduction Inventory Management Software Inventory 52

Invata Intralogistics

MAY 8, 2024

Innovative technology has revolutionized industries, and the logistics sector is no exception. This model allows for a more streamlined approach to warehousing management, optimizing everything from inventory accuracy to order picking and distribution.

Warehousing 52

Warehousing Inventory Management Software Optimization Software Predictive Analytics Software 52

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Agile and Lean Supply Chain 268

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 268

Intelligent Audit

JANUARY 12, 2023

are sliding, freight rates are falling as a result,” according to an article in The Wall Street Journal and various other sources. In response, logistics professionals seek innovative ways to improve operations efficiency. Benefits of Logistics Analytics. Quality data is the key to meaningful analysis. Communicate better.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Logistics Network Optimization Software 52

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

The Logistics of Logistics

JUNE 23, 2022

Longer lead times, complex handoffs between logistics providers, data flow between disparate systems…requires a new way of thinking for efficient inventory moves from origin to the final customer efficiently. The Logistics of Logistics Podcast . Check out The Logistics of Logistics on Youtube .

Supply Chain Strategy 130

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Logistics Viewpoints

JUNE 15, 2023

Using computer algorithms, the AI program searches various connected inputs from all available sources to generate human-looking content in the form of text, images, audio, and other synthetic (created) data that is of value to the user. appeared first on Logistics Viewpoints. A transportation manager comes in to start the day.

Supply Chain Software 209

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Supply Chain Shaman

FEBRUARY 14, 2022

They gave lip service to the need for IT standardization, but ran their process on a custom built model that enabled reverse bill of material, and profitability analysis. They were ahead of their time on simulation analysis and cross-functional orchestration.). In 2022, I frequently ask companies to draw their river of demand.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195