GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

ThroughPut

MAY 22, 2024

Following this, data sources are identified and shared, and success metrics and business outcomes are defined so that everyone works toward the same goals. Parameters such as supplier performance, demand forecasts and inventory turnover are analyzed to ensure a responsive supply chain. can provide tangible indicators of success.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Inventory Reduction 52

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. No Purchase Orders were used.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

TransAudit

JUNE 27, 2023

It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution. Benefits of Machine Learning in Supply Chain Management One of the most potent applications of machine learning lies in inventory management. Quality control is another area where machine learning shines.

Optimal Sourcing 69

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 69

TransAudit

JULY 6, 2023

It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution. Benefits of Machine Learning in Supply Chain Management One of the most potent applications of machine learning lies in inventory management. Quality control is another area where machine learning shines.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 52

EazyStock

NOVEMBER 19, 2020

Stock replenishment is an important aspect of inventory management, as it ensures the right stock items are being reordered to meet customer demand. Stock (or inventory) replenishment is the process of moving items along the supply chain so they are ready to be picked and shipped, thus fulfilling orders on time.

Optimal Sourcing 98

Optimal Sourcing Negotiating Skills Inventory Reduction Purchasing Skills 98

SCMDOJO

DECEMBER 14, 2023

This total time can be further categorized into key components: Procurement Lead Time: This dimension, situated in the upstream supply chain, covers the duration from placing an order to receiving it. Production Lead Time: Encompassing manufacturing, quality control, assembly, and related processes.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 76

Supply Chain Shaman

JANUARY 21, 2014

Companies are stuck at the intersection of inventory turns and operating margin. They are unable to drive improvements in both. Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. For the purchase of Tide at Walmart to translate to an order at P&G, the time is 5-7 days.

Supply and Demand 346

Supply and Demand Modeling Demand Planning Software Forecasting 346

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever.

Logistics Network Optimization Software 188

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 188

RFgen

MAY 26, 2023

In the world of inventory management, stockouts and overstocking can be detrimental to business success. To stay ahead in today’s highly competitive market, organizations must adopt smart strategies for avoiding inventory stockouts and overstocking. Overstocking occurs when a business has too much inventory on hand.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

Unleashed

AUGUST 16, 2023

A backorder presents an opportunity for businesses to continue to make sales on products that are temporarily out of stock. Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. The inability to purchase out-of-stock goods will usually send a customer elsewhere.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

GlobalTranz

FEBRUARY 17, 2016

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Understand Data Integrity to Reduce Inventory Costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. Historically, the traditional supply chain focused on improving costs. While companies want to improve supply chain performance and drive value, it is easier said than done. For many companies, improving results is elusive. Cash-to-Cash.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

crisp

SEPTEMBER 6, 2023

Environmental Protection Agency (EPA) mandated annual greenhouse gas emissions (GHG) reporting for organizations emitting over 25,000 metric tons of GHGs per year, and those in specific industries like vehicle manufacturing and industrial gas. Example: The tea company purchases a new truck and factory. What are scope 3 emissions?

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Waste Reduction Supply Chain Design Software 52

GlobalTranz

MAY 18, 2018

Omni-channel sales strategies have become essential to companies trying to keep up with Amazon and major retailers. If the customer uses online and in-store shopping to make a purchase, shipping and pickup options should include A, B and C. If only online shopping is used, shipping options may include B or D. Download white paper.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Overview of Supply Chain Management Supply chain management encompasses the planning, sourcing, manufacturing, and delivery of products or services.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

EMERGE App

MARCH 18, 2019

Instead, it refers to a quality management improvement process used by large scale manufacturers. At first glance, there may not be much synergy between Six Sigma and inventory management. The first one is a highly disciplined approach to improving manufacturing processes, products and design. What is Six Sigma?

Six Sigma 40

Six Sigma Inventory Management Software Supply Chain Design Software Inventory Reduction 40

GlobalTranz

DECEMBER 29, 2014

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Any process or management after the sale of the product involves reverse logistics.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Logistics Viewpoints

APRIL 29, 2021

In addition to large distribution orders, many retail and business-to-business facilities are shipping rising volumes of direct-to-consumer orders. These new technologies are helping operations and engineering teams move beyond continuous improvement to continuous warehouse optimization. Inventory and Labor Planning.

Optimal Sourcing 150

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 150

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. So, how does predictive analytics help with that?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

ShipBob

OCTOBER 1, 2021

Improves customer satisfaction with quicker delivery. In this article, we’ll discuss why lean supply chains are gaining popularity, why ecommerce retailers should consider moving to lean supply chains, the best lean supply chain techniques, and how to use the right 3PL partner to help you transition to a leaner supply chain.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. An effective retail inventory management system will help ensure accurate tracking of your returns data.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 million employees without a focus on good supply chain management.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Kinaxis

NOVEMBER 27, 2015

It talks about how more and more companies are adding Chief Supply Chain Officers (CSCO’s) to their executive groups – companies ranging from emerging startups like eCommerce glasses retailer Warby Parker to established, highly-regulated Fortune 500 companies like defense contractor Raytheon. A relentless focus on continuous improvement.

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Supply Chain Optimal Sourcing 100

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. For retailers and grocery stores alike, the spoilage represents an increased cost to the company.

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

6 River Systems

MAY 8, 2020

However, with many countries asking their citizens to shelter in place and non-essential retailers to shutter their physical operations, it is regarded as the perfect storm for eCommerce to leapfrog prior estimates for growth. But have we taken too radical a view when it comes to inventory levels? We strive to reduce working capital.

Supply Chain Software 69

Supply Chain Software Pharmaceutical Agile and Lean Supply Chain Predictive Analytics Software 69

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. Now, it’s slowly becoming a staple of ordinary online retail as well. billion by 2027.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

ThroughPut

MARCH 25, 2024

Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. Improved Supply Chain Resilience Anticipating demand fluctuations allows companies to adjust their inventory levels proactively, thereby reducing the risk of stockouts or overstocking.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Kinaxis

SEPTEMBER 6, 2016

A lot of the products being shipped by Hanjin are headed to US and European retailers getting ready for the holiday season (toys, electronics, clothing, furniture, etc). According to sources, Stevedores are demanding advance payment in cash. There is a constant push to free up working capital by leaning down on the inventories.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

Supply Chain Shaman

JANUARY 28, 2015

In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Talking Logistics

MARCH 28, 2017

Unfortunately, most organizations place too much emphasis on data that is sourced from human input, which is not only expensive on the labor side, but it also introduces error into the picture. Utilize automated technologies to locate and track inventory.

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Demand Planning Software Procurement Solutions 0

FLEXE

OCTOBER 11, 2018

Up until a few years ago, mattresses were pretty hefty investments—some costing thousands of dollars with middleman markups from retail stores. They had previously been relying on dropshipping from their manufacturers, but that left them with little flexibility to improve their delivery promise. They turned to FLEXE.

Case Study 28

Case Study Inventory Reduction Cost Reduction Strategies Resource Reduction 28

Supply Chain Game Changer

JANUARY 15, 2020

As noted by Inbound Logistics , “Many manufacturers start assembling products, mapping out product specs to determine capacity needs, and working with their transportation and distribution partners on reliable and cost-effective logistics solutions up to six months in advance.”. Reduced inventory carrying costs. Train staff.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Vendor Strategies Supply Chain Strategy 53

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 77

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 77

Supply Chain Shaman

APRIL 7, 2016

I am a manufacturing gal by training. It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. In a similar vein, their forecasts for the automotive market would have been on new automotive sales and dealer inventory. In my opinion, we need a jump-start of sorts….

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Synovos

APRIL 2, 2024

What is MRO procurement? Understand MRO procurement and your bottom line will benefit. These items support business or manufacturing activity but are not incorporated directly into what you produce. The hidden cost of MRO procurement The adage time is money captures why MRO can be costly and why that cost is not always obvious.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 52