Supply Chain Game Changer

JULY 21, 2021

KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives. On-time & in-full delivery is the most telling indicator of how well your service performance is. Email Address. Subscribe to Supply Chain Game Changer. Product Management KPIs!

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

OptiProERP

APRIL 25, 2023

This blog post will outline the most critical logistics KPIs manufacturers and distributors should track. This metric can help you manage inventory levels and ensure you have the right products when customers need them. Inventory KPIs 1. Inventory Turnover The number of times inventory is sold and replaced over a given period.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Inventory Reduction Expense Reduction Manufacturing 52

EazyStock

JUNE 24, 2020

Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. Inventory optimization software is an important piece of the puzzle. It is critical to helping inventory management teams understand and manage demand and supply variables.

Inventory Management Software 98

Inventory Management Software Inventory Management Procurement Solutions Forecasting Software 98

EazyStock

AUGUST 21, 2020

So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction? Carrying lower volumes of excess inventory in your supply chain can lead to lower carrying costs, such as reduced storage costs and inventory service costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Resource Reduction 52

EazyStock

FEBRUARY 1, 2021

Better Inventory Management for eCommerce. A critical area of focus should be your eCommerce inventory management processes. Want to know how? Here’s how eCommerce businesses can improve their inventory management. Improving your eCommerce Inventory Management. Forecasting eCommerce inventory demand.

Inventory Management Software 52

Inventory Management Software Modeling Optimization Software Inventory Management 52

EazyStock

JANUARY 21, 2021

EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment. In this post we’re going to review Dynamics Business Central’s inventory management capabilities and discuss what additional features and benefits EazyStock can offer. Manage non-stocked items.

Inventory Management Software 52

Inventory Management Software Inventory Management Forecasting Software Optimization Software 52

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 7, 2020

Inventory Management, Business Growth & Expanding Product Portfolios. At EazyStock we talk to a lot of small- and mid-sized businesses (SMBs) who are struggling to effectively manage their inventory. In this three-part blog series we’re looking at each of these inventory management problems.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Management Software Forecasting Software 52

ThroughPut

JULY 7, 2023

For example, utilizing demand data enables businesses to address essential questions, such as identifying which SKUs generate positive margins and how profit margins fluctuate in response to product value and demand variations. This further impacts inventory buffers and free cash flow.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Expense Reduction 52

Alloy

SEPTEMBER 3, 2019

Without this visibility into available inventory and focus on looking ahead to the future, you’ll find it hard to deliver the data-driven recommendations that retailers are looking for from their top partners. It’s calculated by dividing Retailer COGS by the average inventory on hand during the period. Weeks of Supply.

Forecasting 40

Forecasting Forecasting Software Alloy Retail 40

Supply Chain Game Changer

AUGUST 29, 2019

Do You Want Inventory Turnover Breakthrough? How do these assets come to haunt a business, and what can be done about them? How do these assets come to haunt a business, and what can be done about them? It’s still being recorded in inventory and accounting systems. Subscribe Here! Email Address.

Inventory Reduction 65

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Design Software 65

EazyStock

JULY 20, 2020

Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important in today’s digital world – especially as an increasing number of people are working remotely. Here are some ways technology can help you simplify inventory management.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

KEPLER Consulting

DECEMBER 11, 2019

The inability to provide daily updated data on inventories of raw materials, semi-finished products, and finished products presents two major concerns: The decrease of the WCR for companies, the deployment of a dashboard tailored and user-friendly is essential in order to take charge of the management of a share of its WCR.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Material Savings Inventory Reduction 52

RELEX Solutions

MAY 3, 2018

Take spoilage ; if your DC is holding stock with a rapidly diminishing shelf life, then allocating it to stores with high inventory turnover increases its chance of being sold within its ‘sell-by’ dates. A supply chain is always a work in progress. Even best-maintained processes slip out of alignment and affect your results.

Supply Chain Planning Software 31

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Optimization 31

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. This post will explain how, but first, let’s deal with a few simple definitions. Reorder smarter.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Optimization Software Price Mitigation Strategies 59

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. Source: Insider.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

ToolsGroup

JUNE 15, 2023

We heard how Scenario / Simulations are critical tools to build contingency plans before events happen. This is 1960’s and 1970’s thinking How do we make planning more resilient? Our team was energized by the insightful conversations we had and sessions we attended, and we’re excited to share what we’ve learned! Monitoring events.

Gartner 293

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 293

RELEX Solutions

MARCH 21, 2018

The good news is that many of the gains to be had from optimizing the store replenishment process are significant, often amounting to savings of several percent of total turnover. When RELEX set out to change the way retailers ordered and managed replenishment back in 2005 few companies automated their ordering.

Optimization Software 28

Optimization Software Supply Chain Optimization Price Mitigation Strategies Supply Chain Planning Software 28

Logility

DECEMBER 15, 2023

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.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

ToolsGroup

OCTOBER 25, 2022

It never occurred to me then that someone had to decide how many pumpkins to stock in my little town, or how many tubs of orange icing would be needed for school cupcakes, or how much assorted candy would be required for neighborhood Trick-or-Treating. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

SCMDOJO

DECEMBER 11, 2023

This blog aims to empower procurement professionals by shedding light on how each report contributes to enhanced transparency, accountability, and efficiency within the procurement function. Total Cost: The overall cost of the purchase order, calculated based on quantities and unit prices.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

ShipBob

APRIL 13, 2021

How ShipBob helps retailers track and achieve ecommerce KPIs. reorder more inventory sooner if you’re selling through it quicker than your inventory forecasts estimated). Measuring key performance indicators (KPIs) is vital to the health of your business. Table of Contents. What are ecommerce KPIs? Sales KPIs. Marketing KPIs.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Unleashed

JULY 23, 2020

Inventory reporting is the pits, right? The pits, as in, no one has ever said “ I wish my inventory reporting wasn’t over for this month! ”. Or “ I really fought to keep inventory reporting in my role – I love that part. ”. Not reporting on inventory? Taking a step back for a moment: what is inventory reporting?

Inventory Reduction 64

Inventory Reduction Report Inventory Metrics 64

EazyStock

JANUARY 14, 2020

Do you need inventory planning software? But unfortunately for inventory management teams, ERPs often lack functionality when it comes to more sophisticated inventory planning and replenishment requirements. Effective inventory planning and control begins with accurate demand forecasting software.

Forecasting Software 52

Forecasting Software Demand Planning Software Inventory Management Software Optimization Software 52

Arkieva

JUNE 7, 2016

Last time in Sales, Inventory & Operations Planning (SiOP) – Part Two I talked about the Demand step of the cross-functional process of SiOP. For this blog we will discuss the Inventory step. That is the reason why we have opted for the terminology of Sales, Inventory and Operations Planning or SiOP.

Scenario Planning 60

Scenario Planning Inventory Reduction Inventory S&OP 60

EazyStock

NOVEMBER 17, 2020

What is ERP inventory management? When it comes to inventory management, ERP systems are ideal for tracking stock along the supply chain, monitoring stock levels and order processing. ERP inventory management limitations. ERP inventory management needs sophisticated demand forecasting.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 98

6 River Systems

OCTOBER 30, 2019

From greater flexibility and scalability to productivity gains, a faster ROI compared to other automation solutions and better resource management, warehouse robots are changing the face of warehousing. But what does that mean for industry employment? Humans are still needed to design, program, monitor and yes, repair, robots.

Warehousing 78

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 78

ToolsGroup

AUGUST 18, 2022

From digitalization and changing workforces to trend reversals and inventory overloads, distributors have their hands full when it comes to tackling the latest supply chain challenges. Inventory: In the US, inventory (coupled with accounts receivable and accounts payable) has tied up $1.1 billion a day.

Optimization Software 156

Optimization Software Modeling Supply Chain Planning Software Supply Chain Optimization 156

EazyStock

OCTOBER 23, 2019

What’s your role and how do you get involved in automation? With the help of EazyStock we’ve been able to automate our reorder suggestions and reorder point calculations. The system also automatically calculates which items we should have on the shelf and which we should order when needed. Simply contact us here !

Procurement Solutions 40

Procurement Solutions Inventory Management Software Forecasting Software Procurement Analytics 40

SCMDOJO

OCTOBER 7, 2022

Logistics KPIs (Key Performance Indicators) measure how well an organization logistics function is performing. Logistics is the central system that controls physical inventory flow in a supply chain. Logistics is the central system that controls physical inventory flow in a supply chain. What we will cover in this blog.

Optimal Sourcing 109

Optimal Sourcing Logistics Network Optimization Software Logistics Supply Chain Design Software 109

Logistics Bureau

DECEMBER 20, 2021

In addition, those articles inevitably stimulate readers to post questions, which, over time, we try to answer in detail by creating new blog posts to address them. As we are often asked about KPIs for inventory management , that’s what we’re going to focus on in this particular post. 1: Inventory Turns.

Inventory Reduction 76

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 76

crisp

SEPTEMBER 29, 2023

Today, we’re taking a glimpse into the world of Settle, an innovative cash flow management company that is revolutionizing how businesses manage their financial workflow and streamline their purchasing. What unique problems do consumer goods companies face that Settle aims to solve?

Procurement Analytics 52

Procurement Analytics Procurement Solutions Supply Chain Design Software Analytics Software 52

ThroughPut

MAY 12, 2023

reduction in the amount of inventory that needs to be stored at any point in time. This can have a ripple effect on both, the inventory turnover and revenue generation as inaccurate demand forecasts will cause the production facility to purchase either too much or too little material in anticipation of the forecasted demand.

Supply and Demand 52

Supply and Demand Demand Planning Optimal Sourcing Scenario Planning 52

ToolsGroup

OCTOBER 20, 2015

The two companies’ shared similarities—bold initiatives, transformative supply chain changes, big results and innovative technology—help answer the question—How to build an award-winning supply chain. In last week’s blog, I related Gartner Analyst Mike Burkett’s message about “ bi-modal thinking ”. Source: Supply Chain Digest.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 120

ShipBob

AUGUST 3, 2020

Gone are the days of ‘growth at all costs’ and here to stay is the concept of calculated scalability. How venture capital is investing in ecommerce: by the numbers. How venture capital is investing in ecommerce: by the numbers. To appeal to investors, you’ll have to start something promising that’s new and unique.

Trends 105

Trends Purchasing Skills Manufacturing Procurement Modeling Software 105

ThroughPut

MAY 26, 2020

A Warehouse Management Software (WMS) is one that helps plan, control, and manage the day-to-day manufacturing operations in a warehouse along with the guidance of inventory movement, optimizing order picking, and shipping of customer orders. The WMS guides the overall order and inventory replenishment on the factory floor.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Modeling Software 52

Supply Chain Game Changer

MAY 29, 2019

Good inventory management and the right pick and pack software will help you ship orders with maximum speed and accuracy. Your inventory storage strategy and your pick and pack methods are key here. You might organize your inventory the way you organize your closet. Subscribe Here! Email Address. From Click to Ship in 4 Minutes!

Inventory Management Software 63

Inventory Management Software Supply Chain Design Software Analytics Software Logistics Network Optimization Software 63