The Network Effect

JUNE 12, 2015

I also suggest you read the new whitepaper, Supply Chain’s New World Order” , where I also discuss the cloud, S&OP, and why a holistic approach is needed for supply chain management. The post How Inventory Management is a problem the size of Australia appeared first on The Network Effect.

Australia 100

Australia Inventory Management Inventory Reduction Inventory 100

RFgen

AUGUST 31, 2016

Specifically, shoppers are increasingly turning to online stores, signaling necessary adjustments to the supply chain, particularly with logistics and inventory management. Why Inventory Management Matters. The post Target Hires New Inventory Management Leader to Revamp Supply Chain appeared first on RFgen.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Management Supply Chain Planning Software 52

RFgen

AUGUST 31, 2016

Specifically, shoppers are increasingly turning to online stores, signaling necessary adjustments to the supply chain, particularly with logistics and inventory management. Why Inventory Management Matters. The post Target Hires New Inventory Management Leader to Revamp Supply Chain appeared first on RFgen.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Management Supply Chain Planning Software 52

RFgen

JANUARY 21, 2016

Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out. The Inventory and Supply Chain Optimization blog suggested channels that directly affect warehouse management strategies have recently expanded to include social media.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

RFgen

JANUARY 21, 2016

Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out. The Inventory and Supply Chain Optimization blog suggested channels that directly affect warehouse management strategies have recently expanded to include social media.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

QAD

NOVEMBER 16, 2023

In today’s rapidly evolving consumer landscape, the way products are packaged plays a pivotal role in the success of consumer goods manufacturing and the overall supply chain. Real-time tracking technologies enable better inventory management, reducing stockouts and wastage.

Packaging 96

Packaging Supply Chain Transformation Manufacturing Procurement Sustainability 96

Unleashed

FEBRUARY 14, 2024

Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

o9 Solutions

JANUARY 18, 2022

18 , 2021 – o9 Solutions , a leading enterprise AI software platform provider for transforming planning and decision-making, today announced the formation of a strategic alliance with Columbus Consulting International , a boutique consulting firm specializing in solving problems for consumer goods companies and retailers, including grocers. .

Columbus 52

Columbus Modeling Software Modeling Supply Chain Planning Software 52

Supply Chain Matters

JUNE 10, 2022

In our Supply Chain Matters commentaries focused on online customer fulfillment and especially the 2021 holiday fulfilment period, we cautioned retail and consumer goods supply chain management teams to be watchful for the bullwhip effect in inventory planning and replenishment needs to support expected customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply Chain Planning 52

Supply Chain Matters

DECEMBER 6, 2023

The above is relatively good news for retail and consumer goods businesses given the inventory overhang that has dogged the industry for far too long. The report authors context these moves as a return to just-in-time inventory management practices.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trends Logistics Scenario Planning 52

Supply Chain Shaman

AUGUST 7, 2018

However, we can start with inventory management and the tracking of materials in the hospital more efficiently. I visited a hospital last month and only about 2/3 of the items scanned on receipt, and a perpetual inventory signal is needed. A hospital is a warehouse that needs automation. In healthcare, there is no power broker.

Pharmaceutical 150

Pharmaceutical Manufacturing Procurement Sourcing Strategies Material Savings 150

QAD

NOVEMBER 17, 2022

The other 50% consists mostly of shipping containers carrying smaller consumer goods. Inventory management. Management of customer delivery requirements and expectations. Suppliers and supplier inventory management. An enormous volume of products hangs in the balance, with wide-ranging ripple effects.

Scenario Planning 96

Scenario Planning Supply Chain Planning Software Supply Chain Planning S&OP 96

QAD

MARCH 30, 2023

If you work in the automotive, aerospace and defense industries or, of course, the consumer goods industry, you’ve probably been working with RFID technology for years. That said, Walmart didn’t become one of the largest retailers in the world by accident and it’s clear the company knows a thing or two about inventory management.

Manufacturing Procurement 92

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

Supply Chain Matters

FEBRUARY 7, 2024

We believe that these inventory management, customer and last-mile fulfillment strategies will have industry wide implications in terms of competitive stakes and cost-to-serve. Supply Chain Matters highlights for readers the implications of Amazon’s ongoing global and domestic operational and last mile fulfillment network.

Supply Chain Network Software 52

Supply Chain Network Software Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 52

ToolsGroup

AUGUST 20, 2019

Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. For example ….

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Supply Chain Matters

MAY 17, 2022

As our Supply Chain Matters retail and consumer goods industry readers are well aware, this retailer garners a lot of supply influence with consumer goods suppliers, and these latest results reflecting a slowdown in discretionary retail goods spending will reverberate. West Coast ports.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Strategy Retail Supply Chain Planning 52

Supply Chain Matters

DECEMBER 28, 2023

An initial estimate of this year’s retail holiday spending indicates a mixed bag, depending on either retail industry, consumer goods producer or logistics and transportation industry perspectives. Mastercard SpendingPulse Data Payments processing firm Mastercard Spending Pulse indicated this week that U.S. percent.

Forecasting 52

Forecasting Apparel Inventory Reduction Supply Chain Strategy 52

Unleashed

SEPTEMBER 30, 2021

Learn more: What is Inventory Management? Techniques for 2021 What is vendor managed inventory? VMI is an inventory system in which the vendor (a manufacturer or supplier) is responsible for maintaining appropriate levels of inventory for the buyer, who is a retailer who then sells the goods on to the end consumer.

Vendor Strategies 98

Vendor Strategies Inventory Reduction Inventory Inventory Management Software 98

ThroughPut

DECEMBER 5, 2023

It involves analyzing historical sales data, understanding market trends, and considering various factors influencing demand, such as economic conditions, consumer behavior, and competitor activities. What are the Benefits of Accurate Demand Forecasting?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

The Network Effect

JUNE 25, 2015

The end-consumer matters more. Taking cues from retail and consumer goods. Inventory management a top priority. Optimized execution in operations, logistics, and distribution. Counterfeiting. Rising healthcare cos ts. More regulatory oversight. Outsourcing. What lessons or generalizations we can draw?

Pharmaceutical 100

Pharmaceutical Trends Supply Chain Optimization Inventory Management Software 100

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Learn more: Inventory Accounting – A Free Video Guide for Accountants & Advisors What is Days Sales of Inventory (DSI)? It’s also known as Days Sales in Inventory and Average Age of Inventory.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand. Working with fresh food.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

MIT Supply Chain

JANUARY 5, 2017

Even with today’s sophisticated inventory management systems, retailers are woefully unaware of just how low on-shelf availability is for many of the products they carry. The culprit is “phantom inventory”—goods that […].

Inventory Reduction 49

Inventory Reduction Inventory Inventory Management Software Consumer Goods 49

ToolsGroup

AUGUST 20, 2019

Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. For example ….

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 136

EMERGE App

JUNE 9, 2019

Behind all these efforts, though, is the need to control and manage your fashion inventory. Inventory management doesn’t rank highly at dinner party chatter but it’s a critical and inevitable part of dealing with physical stock. What is Fashion Inventory Management? The Fashion Industry First.

Inventory Management Software 56

Inventory Management Software Inventory Management Inventory Reduction Inventory 56

Supply Chain Shaman

JANUARY 2, 2019

Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities. Also, small and nimble consumer goods companies gain power over larger and less flexible consumer products companies. Winners and Losers.

Prescriptive Analytics Software 238

Prescriptive Analytics Software Supply Chain Planning Software Predictive Analytics Software Analytics Software 238

Enterra Insights

SEPTEMBER 28, 2020

The editorial team at Consumer Goods Technology (CGT) argues CPG companies have been slow to embrace cognitive technologies; however, the coronavirus pandemic is changing that picture. ” In other words, the right data can place the consumer at the center of CPG operations.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Logility

DECEMBER 9, 2011

47% – Best-in-Class companies have strong process capabilities in optimizing inventory versus 29% of Laggards ( Source ). 61% – The number of Consumer Goods companies that rely on rule-of-thumb as their inventory policy ( Source ). 49% – Believe they have more than 11% excess inventory ( Source ).

Optimal Sourcing 101

Optimal Sourcing Inventory Reduction Optimization Software Inventory Management Software 101

Unleashed

JANUARY 25, 2019

There is always the opportunity for improvement when it comes to inventory management. Analyse your different types of inventory. It’s important to step back and take a look at the different types of your inventory such as raw materials, partially manufactured products and completed products.

Inventory Management Software 40

Inventory Management Software Inventory Management Inventory Reduction Inventory 40

RFgen

OCTOBER 26, 2021

Organizations are seeing increased inventory management issues and are faced with the reality that they must do more with less. One customer, in consumer goods packaging, saw rapid growth in production needs during the pandemic. Perfect data collection is required in an age of smart manufacturing.

Beverage 52

Beverage Food Inventory Management Software Trends 52

RFgen

OCTOBER 26, 2021

Organizations are seeing increased inventory management issues and are faced with the reality that they must do more with less. One customer, in consumer goods packaging, saw rapid growth in production needs during the pandemic. Perfect data collection is required in an age of smart manufacturing.

Beverage 52

Beverage Food Inventory Management Software Trends 52

Logistics Viewpoints

JANUARY 11, 2023

While time slot management applications work as a stand-alone application, it is more valuable when it is integrated into with other applications on a common platform such as warehouse- and yard management or visibility solutions. Inventory Management in a High Inflation Environment ; Clint Reiser.

Logistics Network Optimization Software 217

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 217

ToolsGroup

SEPTEMBER 22, 2021

Sarah Voorhees, senior director of demand and supply planning at American Tire Distributors (ATD) has spent the last 12 years of her career in supply chain leadership roles, where she’s reimagined demand and supply planning and inventory management practices at consumer goods and distribution companies.

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Purchasing Skills 177

Supply Chain Shaman

NOVEMBER 3, 2015

The Acquisition Is a Mixed Bag for the Inventory Management Market. While this acquisition rolls up assets across three planning horizons in the inventory optimization market, I think the impact of this acquisition is less clear on the future of the inventory optimization market than for the network design software market.

Supply Chain Design Software 0

Supply Chain Design Software Supply Chain Planning Software Network Design Software Supply Chain Software 0

Unleashed

NOVEMBER 15, 2021

Mass customisation is used in a variety of industries – from consumer goods to finance and software Additive manufacturing (3D printing) in mass customisation Some companies are also turning to additive manufacturing – aka 3D printing – to cut some of the costs of switching to mass customisation.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

Supply Chain Matters

DECEMBER 28, 2023

Timely Industry Example- Online Retail and E-Commerce With increased importance of online retail, E-Commerce or services-centric business models, enhanced coordination of customer focused fulfillment and inventory management has taken on special emphasis.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Supply Chain Software 59