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Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

Excellent firms don’t believe in excellence – only in constant improvement and constant change. What Is Supply Chain Excellence? My second observation is that for 96% of public companies supply chain excellence is slip-sliding away. Reflections on Excellence. Tom Peters. Here, in this blog, I explain.

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5 Reasons Why You Need Procurement Planning Software

New Horizon Supply Chain Blog

Procurement planning functionality (essentially the planning of future purchase orders) is typically a subset of broader supply planning applications that plan manufacturing work orders, inventory levels, shipments, as well as purchase orders, to meet demand.

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What is Inventory Replenishment & Why Does it Matter?

Unleashed

Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. In this inventory replenishment guide: What is inventory replenishment? Bulk buying can also provide leverage for discounted delivery costs.

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Ways Food and Beverage can Build Resilience with Supply Chain Optimization Software

Logility

With the combination of advanced inventory management, modern demand planning, and a finely sales and operations process, F&B businesses can navigate fluctuating customer demands, stringent regulations, and a steady flow of new product launches. The time is ripe to move forward with supply chain transformation.

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Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

In this instalment of the series of articles written by the LSCMS Shippers Council, we strive to answer this and delve into the critical aspects of ocean transit time reliability and visibility within the supply chain. but when demand slowed, the pressure to reduce inventory becomes a lot higher.

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7 Reasons Why You Should Reduce Inventory

SCMDOJO

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

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How Manufacturers Can Take Control of Inventory with RFID Technology

QAD

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. and bring inventory accuracy up to an impressive 99.9%. What is RFID Technology? RFID tags can reduce out of stocks by up to 80.3%