OptiProERP

JULY 19, 2023

This blog delves into how AI and ML are shaping the future of smart manufacturing. Demand Forecasting and Inventory Management Accurate demand forecasting is crucial for efficient production planning and inventory management. However, many SMBs lack clear strategies for data collection and ML utilization.

Optimal Sourcing 52

Optimal Sourcing Predictive Analytics Software Optimization Software Forecasting Software 52

Enterra Insights

JANUARY 14, 2020

Jason Rosing ( @JasonRosing ), a Managing Partner at Veridian, observes, “BOPIS … gives supply chains a non-traditional means of fulfilling orders and moving product. In addition, it solves critical challenges in final mile strategies, reduces costs associated with inventory management, and more.”[2]

Inventory Reduction 100

Inventory Reduction Omnichannel Cost Reduction Strategies Expense Reduction 100

Supply Chain Matters

SEPTEMBER 8, 2023

Supply Chain Matters provides an updated news capsule follow-up relative to prior supply chain management developments that we have shared on this blog. At the time of our posting, engineers were determining which specific aircraft were impacted by the fault discovery along with assessing the overall fix for the problem.

Supply Chain Software 52

Supply Chain Software Agile and Lean Supply Chain Supply Chain Japan 52

QAD

OCTOBER 4, 2023

With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems. Today, supply chain analytics helps companies manage their businesses and improve all processes. What is Supply Chain Analytics?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Game Changer

NOVEMBER 2, 2022

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! That means managing employees, vendors, customers, and more on one platform. That’s where supply chain risk management software comes in. Supply chain management is the backbone of manufacturing. Subscribe Here! Email Address. Manufacturing.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

EazyStock

DECEMBER 13, 2021

The Current Causes of Stockouts. Many inventory management teams are looking for ways to avoid stockouts, as they can cause problems across the entire organization. Unfortunately there’s no easy solution to the deal with the current global supply chain problems and avoid stockouts altogether.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 52

My Office Apps

MAY 9, 2022

Many manufacturing companies are turning to ERP software to help them manage their business more efficiently. In this blog post, we will discuss the benefits of ERP software for manufacturers and how they can help you streamline your business! Multi-Location Management. Complete Inventory Management. Kechie ERP.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Inventory Management Software Supply Chain Software 52

Resilinc

MARCH 22, 2023

This blog will define operational resilience, the steps you should take to achieve it throughout your supply chain, and the benefits of pursuing it. He defines Operational Resilience as: “A cross-functional and cross-enterprise ability to holistically manage unexpected risks and opportunities affecting Demand or Supply networks.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Purchasing Skills Network Design Software 62

QAD

APRIL 7, 2022

The inventory department kept track of item usage on an inventory card, and the inventory card had an attached requisition form. When it seemed like time to replenish inventory, the planner sent the traveling req to the buyer to create a purchase order.

Manufacturing Procurement 95

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 95

GlobalTranz

OCTOBER 27, 2017

Editor's Note: Today's blog is from Ty Kiisel who shows us how you can be affected by your supply chain finances. . To fully understand the formula, Current Assets include the cash you have in the bank, your current Accounts Receivable and your inventory. Supply Chain Finances Can Be a Root Cause of Your Problems.

Supply Chain Planning Software 182

Supply Chain Planning Software Supply Chain Strategy Material Savings Supply Chain Planning 182

Procurement Academy

JULY 8, 2022

An efficient supply chain management system is a necessity to the majority of organizations. The Wall Street Journal states ‘The principle describes how companies typically respond to a spike in demand by ordering more products than required to hedge against potential continued growing demand and to avoid stockouts. Order batching.

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Strategies Material Savings 52

Procurement Academy

JULY 8, 2022

An efficient supply chain management system is a necessity to the majority of organizations. The Wall Street Journal states ‘The principle describes how companies typically respond to a spike in demand by ordering more products than required to hedge against potential continued growing demand and to avoid stockouts. Order batching.

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Strategies Material Savings 52

ToolsGroup

AUGUST 18, 2015

Note: There will be no blog post next week due to summer holidays. The “cold chain” poses a major execution problem—maintaining product integrity across dimensions like temperature and humidity. Supply chain planners need to optimize inventory to maximize residual life while meeting service level targets. Here are two examples.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Modeling 120

ToolsGroup

SEPTEMBER 20, 2022

By leveraging powerful machine learning, supply chain planners can better account for uncertainty, manage enormous swathes of data, and execute increasingly complex planning maneuvers. Unfortunately, equipment downtime causes financial losses of an estimated $50 billion a year. Optimize spare part inventories.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Game Changer

JULY 2, 2021

Over the past 15 months, we’ve been writing on the Argentus blog about the immense impacts that the COVID-19 pandemic has had on global supply chains – particularly, as you might expect of a recruitment firm, from the perspective of talent and skills. Particularly – as per usual on the Argentus blog – from the perspective of talent.

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

Supply Chain Game Changer

MARCH 18, 2020

But how exactly do you optimize your supply chains without causing problems? You’re going to need to take into account a number of things that could cause problems during the optimization and after the optimization. Optimize Your Inventory Management. You might even encounter both problems at the same time.

Optimal Sourcing 100

Optimal Sourcing Supply Chain Optimization Optimization Software Price Mitigation Strategies 100

ThroughPut

DECEMBER 4, 2022

This can go a long way in avoiding lost sales, stock-outs, and customer disappointments. Demand-driven replenishment and fulfillment can help retail planners manage large SKUs, determining each sales location and its optimal inventory targets. Challenges faced by supermarkets in the absence of effective replenishment planning.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

Herlitz Inventory Management

JANUARY 18, 2023

It helps ensure they will have adequate inventory available to meet future demand and avoid stockouts. Forecasting inventory is simple in theory, but difficult in practice. Purchasing and inventory management systems help buyers create more accurate forecasts. Rigid Supply Chain Dependencies Cause Disruptions.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Procurement Solutions 52

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Managing inventory is a complex business. Inventory management KPIs are important as they help analyze and track the performance of inventory management activities such as how stock is ordered, managed and turned.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Analysis 52

ThroughPut

MARCH 5, 2020

Untimely operational bottlenecks cause a $12 trillion dent on the global production market and contribute to a major share of this waste. This waste can keep you far away from achieving your operational targets and deeply impact your logistics and supply chain management strategy. Why do bottlenecks occur on the plant floor?

Waste Reduction 59

Waste Reduction Resource Reduction Cost Reduction Strategies Inventory Reduction 59

GlobalTranz

NOVEMBER 12, 2015

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Performance Management.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

ToolsGroup

AUGUST 23, 2016

Editors Note: A few weeks ago, we published a blog describing why most CPG companies have hit a demand forecasting ceiling. This week Manoranjith Pathekkara, managing director of ToolsGroup's partner in India LogicaMatrix ( www.logicamatrix.com ), digs into an area where many companies are breaking through that ceiling.

Supply and Demand 120

Supply and Demand Modeling Demand Planning Software Forecasting 120

crisp

DECEMBER 15, 2021

One of the big catalysts for change right now is the acceleration of data and analytics in supply chain management. Why is data so critical in supply chain management? After all, we can’t fix a problem we don’t know we have, and we can’t respond to changes unless we know they’re there. The Power (and Pain) of Data.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

EazyStock

FEBRUARY 28, 2022

JIT v JIC stock management. For years companies have operated a just-in-time (JIT) supply chain model, only ordering stock items when necessary and carrying minimal inventory to reduce carrying costs. With JIT stock management, companies order products and stock to meet customer demand. What is just-in-time stock control?

Just-in-Time 52

Just-in-Time Inventory Reduction Waste Reduction Cost Reduction Strategies 52

EazyStock

SEPTEMBER 14, 2022

Many companies have invested in digital business systems, such as modern warehouse management systems (WMS), enterprise resource planning (ERP) systems, and artificial intelligence. Warehouse management systems. Warehouse management systems (WMS) support warehouse operations and distribution. Integrated WMS.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 52

GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. This two-part blog series will take you thru the RFP questions along with the answers you'd expect to see from the 3PL. Safety Manager in place?

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

Supply Chain Shaman

JANUARY 14, 2013

In part one of this blog series, I started the saga of the supply chain fairy tale. The example that I give in the first post is the focus of manufacturing strategies to drive strong results to improve Return on Assets (ROA) that have actually caused a deterioration in operating margin. One that is going to eat you up!

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 259

FLEXE

OCTOBER 5, 2016

It’s Fall again, and that means that retailers and suppliers are hard at work ramping, shifting and moving inventory to prepare for the holidays. Seasonality is the number one trigger for significant inventory fluctuation issues. Inventory Delays. Capacity Constraints.

Warehousing 67

Warehousing Supply and Demand Inventory Reduction Cost Reduction Strategies 67

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". When these supplier relations problems arise, they often end up in court. There are many variations to this problem.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

Intelligent Audit

DECEMBER 12, 2022

The high demand also resulted in capacity shortages causing FedEx and UPS to restrict the number of trailers or other equipment to some shippers—further driving up inflation in trucking. As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. economy billions.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

ThroughPut

AUGUST 12, 2021

The industry faces losses worth billions due to excess inventory, heavy discounting, and unavailability of stock. Covid-19 caused a cataclysmic shift in the functioning of the F&B industry from the traditional S&OP methods. Better inventory management. Higher profitability and revenue predictability.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction S&OP Scenario Planning 52

TMC

JANUARY 5, 2017

Rising container volumes, fluctuations in demand, and the constant need for just in time inventory have increased the impact of dwell time over recent years. It’s unlikely that the problem will disappear or even improve markedly any time soon, but there are ways to minimize the instances where a container outstays its welcome at a port.

Freight 48

Freight Supply Chain Planning Software Real-time Visibility Supply Chain Planning 48

My Office Apps

SEPTEMBER 30, 2018

10 Inventory Management Strategies to Transform Your Business. As balance sheet assets go, inventory is often the largest item. Getting inventory levels right is a challenge. Preventing shortages and keeping shipping costs down can also be a problem. Inventory management software is often bundled with tablets.

Inventory Reduction 40

Inventory Reduction Expense Reduction Cost Reduction Strategies Waste Reduction 40

OptiProERP

APRIL 17, 2022

When well managed, the shop floor works at optimal capacity and with operational efficiency. They needed their shop floor managers to be able to see what was happening with workers, machines, and output. With MES, managers can determine where they need to make improvements in the production cycle based on key financial metrics.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Manufacturing Demand Planning Software 52

Infosys Supply Chain Management

JANUARY 11, 2013

Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management.

Agile and Lean Supply Chain 37

Agile and Lean Supply Chain Supply Chain Design Software Material Savings Manufacturing Procurement 37

DynaSys

FEBRUARY 19, 2019

The supply chain can be the roadmap to follow to determine the how, the what, the why, the when and the where’s the source of the problem as the supply chain covers the entire cycle of the process from ingredient to finished product. The best way to begin this process is by analyzing the components of the supply chain. Recalls will happen.

Manufacturing Procurement 45

Manufacturing Procurement Agile and Lean Supply Chain Supply Chain Software Supply Chain 45