AIMMS

FEBRUARY 16, 2021

Our research shows that many companies have already embraced S&OE as part of their processes. The top 3 bottlenecks companies experience tend to be poor internal alignment between departments, raw material and product availability, and inventory levels and management. Focus on 3 things to improve S&OE capability.

Modeling 311

Modeling Scenario Planning Supply Chain Planning Software S&OP 311

ToolsGroup

MAY 2, 2023

Based on numerous conversations with professionals across the industry, here are our top five takeaways from Retail Technology Show 2023. What’s more, the roles of warehouses and stores are becoming less distinct, with some retailers using stores themselves to store inventory. Looking for eco-friendly ways to handle excess inventory?

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Network Software Inventory Reduction Demand Planning Software 156

ToolsGroup

NOVEMBER 23, 2021

7 practical strategies to minimize risk and manage supply chain shortages. The following strategies, based on data, analytics, and collaboration, are helping planners around the globe overcome a disrupted supply chain. Use analytics to put your available inventory to the best use.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

ToolsGroup

OCTOBER 20, 2020

make the best or most effective use of (a situation or resource). One of the hardest parts of my job is helping customers get to grips with complex, counterintuitive supply chain concepts. Equally mystifying to people is the concept of inventory optimization. Optimize. /??pt?m??z/. Oxford Languages). Wait, what?

Inventory Reduction 177

Inventory Reduction Optimization Software Supply Chain Optimization Inventory 177

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. As Burt Flickinger, Retail Expert and Managing Director at retail consultancy Strategic Resource Group shared with CNN , “For every dollar in sales, a retailer’s net profit is between a cent to five cents.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

ToolsGroup

FEBRUARY 23, 2021

What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging. Anyone can come up with a plan.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Modeling Optimization Software 156

ToolsGroup

JUNE 15, 2023

The top issue we heard was ensuring resiliency in supply chains today, Decision Centric Planning, followed by the drive to accelerate digital transformation across supply chains, and then day 3’s keynote and a number of user-presented sessions focused on the people managing and the teams working in our supply chain. Look no further.

Gartner 293

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

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

Optimization Software 156

Optimization Software Modeling Supply Chain Planning Software Supply Chain Optimization 156

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. This potentially opens doors to exciting opportunities.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

ToolsGroup

JANUARY 6, 2022

Take it from DuddetteWithASign ’s Instagram post: Despite all those supply chain headlines, businesses learned to cope, finding ways to manage supply chain shortages. Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. Bad enough to become the subject of memes.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

SYSPRO Smarter ERP

OCTOBER 9, 2023

The Asia-Pacific region has one of the largest number of fabricated metals manufacturers in the world. Cost efficiency, quality management and traceability are major issues for companies in this region. Managing costs With the demand for fabricated metal products growing so much, production runs are increasing as are the costs.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. With companies producing more and more products worldwide, the issue of keeping track of enormous amounts of parts and materials used in the manufacturing process has grown increasingly complex.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Challenges of Seasonal Product Management. Types of Seasonal Demand.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Inventory Reduction Modeling 111

Supply Chain Shaman

JANUARY 2, 2023

This blog post started a series of telephone calls. The planning team was defending the status quo without questioning current practices and how to improve them.) The team was not calibrated on the role of forecasting and the basics around process excellence. In this blog, I try to answer both questions. Definition.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

GlobalTranz

JULY 14, 2021

The world of logistics and managed transportation is continuously evolving. Transportation management optimization can help, provided shippers know a few things about its value and where to start. Transportation management optimization can help, provided shippers know a few things about its value and where to start.

Transportation Management 156

Transportation Management Modeling Network Optimization Price Mitigation Strategies 156

SCMDOJO

MARCH 15, 2023

And one of the most promising innovations in recent years is ChatGPT for supply chain. ChatGPT technology is revolutionizing supply chain management and transforming companies’ operations. In this blog post, we will explore how the platform is being used in the supply chain industry and the opportunities it presents.

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 126

EMERGE App

DECEMBER 12, 2023

For inventory management, in particular, we’ve seen how cloud apps such as EMERGE are equally at home managing the inventory of artisanal handmade jewelry, exotic car parts, and even industrial chemicals. This is not about construction management ( planning, design, and management of a building project).

Inventory Management Software 52

Inventory Management Software Inventory Management Procurement Solutions Inventory Reduction 52

SYSPRO Smarter ERP

DECEMBER 12, 2022

While basic aspects have not changed since Luca Pacioli invented it in 1494, the world and technology have introduced new and additional practices for managing a GL. Most organizations do this periodically, so they can manage revenue and expenses, either against budget or prior period figures.

Supply Chain Design Software 111

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software System 111

SYSPRO Smarter ERP

DECEMBER 13, 2021

Inventory management was moving towards a just-in-time approach until the supply disruptions of the last year. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a re-assessment of practices and KPIs in order to keep goods flowing in a predictable and manageable way.

Inventory Management Software 122

Inventory Management Software Inventory Management Inventory Reduction Sourcing Strategies 122

BlueYonder

MARCH 14, 2024

The convergence of industries, known as “Industry Morphing,” is blurring traditional boundaries, and automotive winners are expected to operate as technology companies integrating best practices from both the high-tech and consumer industries.

Automotive 52

Automotive Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 52

EazyStock

AUGUST 29, 2023

Improving businesses and the environment In today’s fast-paced business landscape, inventory management plays a crucial role in determining a company’s success. Whether a small retailer or a large-scale manufacturer, getting your inventory right can significantly impact your bottom line.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Sustainability 52

SYSPRO Smarter ERP

MAY 22, 2023

Some people see the concept of a sustainable supply chain as being pushed on them, but there are good business reasons why companies should implement sustainable supply chains — it’s not just social or environmental consciousness. The aim is to minimize the negative impact on the environment and society while maximizing the economic benefits.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Sustainability 98

Supply Chain Game Changer

NOVEMBER 2, 2022

What is Product (or Master) Data Management? But if you take a closer look, you’ll see that IA is actually one of the most important aspects of web and app design. Here are some tips and best practices to help you get started. Start with a content inventory. Subscribe to Supply Chain Game Changer.

Supply Chain Design Software 84

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Analytics Software 84

ThroughPut

FEBRUARY 15, 2023

Any company invested in the global economy depends on its supply chain to be the foundation of the business. Everything is built on top of it, including the company’s environmental footprint. How you manage the transformation and transportation of assets in that supply chain ultimately determines the value you create for the world.

Sourcing Strategies 94

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Inventory Reduction 94

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

Arkieva

JANUARY 6, 2017

Over the past year, the Arkieva Supply Chain Link Blog provided thought leadership and informative posts on supply chain strategy tips, trends, and news. Just in case you missed some of our supply chain strategy posts , we’ve compiled a list of our popular supply chain posts from 2016 below (ranked based on shares and views).

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Digitalization for the factory of future.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 105

SYSPRO Smarter ERP

NOVEMBER 8, 2021

It went on to add that the consequences for significant disruptions were enormous. In 2021 we find governments and organizations now grappling with these predictions and how best to deal with the outcomes of these predictions. One source reports disruptions increased over 60% between 2019 and 2020. US-China trade war 2018.

Supply Chain Planning Software 116

Supply Chain Planning Software Sourcing Strategies Supply Chain Software Supply Chain Strategy 116

QAD

MARCH 30, 2023

Manufacturers and their suppliers the world over are looking in every nook and cranny for opportunities to build resilience against disruption and I believe some retail companies have found one that deserves another look: radio frequency identification (RFID) technology. and bring inventory accuracy up to an impressive 99.9%.

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

crisp

FEBRUARY 1, 2023

Sanofi Consumer Healthcare’s Elliott Bowles spoke about the company’s evolving use of data to track inventory and make informed decisions, and how these internal processes are saving time and money across the organization. For other Crisp news, industry insights and best practices, subscribe to the blog.

Video 52

Video Data Analytics Software New York 52

ToolsGroup

APRIL 20, 2022

As shared by Doug Johnson, President of Valor Partners , who works with enterprise software executives to identify and recruit executive leaders and build best-in-class sales and marketing teams: “People are attracted to mission, so make sure your mission is consistent from all those involved in the interview process.

Sourcing Strategies 194

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 194

SYSPRO Smarter ERP

NOVEMBER 10, 2021

The electronics industry has experienced dramatic changes on the customer and supplier side in the last 18 months – from sudden purchasing changes by customers to shortages of parts and components from suppliers. A better path is to do it in an integrated way so that all parts of the business improve together.

Manufacturing Procurement 111

Manufacturing Procurement Electronics Supply Chain Design Software Manufacturing 111

ToolsGroup

NOVEMBER 30, 2020

No one could have predicted the year we’ve had, and now our 2021 plans are infused with a healthy dose of what we’ve learned about supply chain disruption and response—and how we will all do things better next time around. One way to do this is to adopt what Gartner calls a “bimodal strategy”. November 2019.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Forecasting Software 156

SCMDOJO

AUGUST 21, 2023

In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. In this blog post, we will explore the list of Top 10 Supply Chain TikTokers who you need to follow right now and equip yourself with the actionable insights they have to offer. That was fun, right?

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

ThroughPut

FEBRUARY 2, 2024

Amidst this ongoing turmoil, one thing that a lot of supply chain professionals have been falling back on (with confidence!) In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour. For supply chains, COVID-19 marked the beginning of a challenging era.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52