GlobalTranz

SEPTEMBER 14, 2018

The easiest way to move toward an omnichannel strategy lies in following these tips: Re-evaluate inventory-optimization techniques and systems. Consider new ways to reduce shipping costs and risk, such as the new packaging suspension service Amazon is using, reports the Sustainable Packaging Coalition. Make your case to consumers.

Price Reduction 120

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 120

QAD

AUGUST 12, 2021

Sustainable manufacturing refers to the ability to manage manufacturing operations “in an environmentally and socially responsible manner,” according to the Organization for Economic Cooperation and Development. In their 2020 sustainability report, Whirlpool announced record low levels of energy and water intensity in their plants.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

ToolsGroup

NOVEMBER 7, 2023

This is just the latest of the company’s significant strides towards making supply chains a force for good by helping organizations lower inventory, ensure product availability, and improve customer satisfaction across channels. “As Stay in touch with ToolsGroup on LinkedIn , Twitter , YouTube , or visit www.toolsgroup.com.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. This number can then be used as a benchmark for continual improvement, supporting sustainable business growth.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Logistics Viewpoints

JANUARY 18, 2024

This ensures the secure, high-capacity, and bi-directional transfer of essential information such as master data on products, customers, production-distribution infrastructure, transactional data on sales, inventory status and position, transportation execution data, external data e.g. competitor pricing, weather, recommendations, action triggers.

Supply Chain Software 247

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 247

ModusLink Corporation

APRIL 22, 2024

End-to-end management of component procurement, inventory management, and JIT delivery. Dynamic inventory optimization to minimize lead times and reduce costs. Continuous improvement initiatives driven by data analytics and feedback mechanisms. Compliance with international quality standards and regulatory requirements.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

ToolsGroup

MAY 11, 2023

The innovation-focused cosmetics and aesthetic medicine laboratory teams up with ToolsGroup to advance supply chain processes, sustaining growth while maintaining high service standards. We needed a supply chain planning solution with unmatched forecasting to lay the foundation for customer-centric inventory and replenishment planning.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Forecasting 156

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently?

Optimal Sourcing 136

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 136

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently?

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 120

ToolsGroup

OCTOBER 5, 2023

At ToolsGroup, we pride ourselves on our close collaboration with our customers, gathering their input to continuously improve our product so that we can empower users to navigate the supply chain,” said Sahil Gupta, Chief Product Officer. Stay in touch with ToolsGroup on LinkedIn , Twitter , YouTube , or visit www.toolsgroup.com.

ToolsGroup 156

ToolsGroup Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 156

Unleashed

APRIL 18, 2024

Implementing JIT in manufacturing operations can significantly reduce lead times and inventory levels, leading to cost savings and more responsive production cycles. The just-in-time approach contrasts with just-in-case strategies, where producers hold sufficient inventories to absorb maximum market demand.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? I use a method I call managing for daily improvement or MDI. This increases employee morale.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Logistics Viewpoints

JULY 31, 2023

This is a culture of continuous improvement writ large. The goals of the new Compass Organization include growing sustainably while achieving top tier shareholder return, becoming a more transparent business, and unlocking agility through a new digitally enabled organization.

Inventory Reduction 170

Inventory Reduction Supply Chain Planning Software Material Savings North America 170

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? SIOP stands for “Sales, Inventory, Operations Plan”, not to be confused with “S&OP”.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

Logility

NOVEMBER 30, 2023

Companies need to define objectives, acquire the right tools and technology, prepare the data infrastructure, implement AI models, and continuously improve the system. Inventory optimization Applying artificial intelligence to inventory management provides immediate insights into inventory performance against the plan.

Supply Chain Planning Software 177

Supply Chain Planning Software Modeling Supply Chain Software Scenario Planning 177

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Logistics Viewpoints

MAY 26, 2022

There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization. Finally, the growing urgency to address climate change, as well as social and economic inequities, are compelling higher urgency to accelerate sustainability initiatives within logistics networks and elsewhere.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

Unleashed

MARCH 15, 2019

Inventory accuracy is vital to an organisation’s long-term success. Profits depend on the sale of inventory stock and if you don’t know what or how much you are selling then you could be missing an opportunity to maximise sales. Inventory control strategies. Get automated. Get tracing.

Inventory Reduction 69

Inventory Reduction Inventory Waste Reduction Optimal Sourcing 69

SCMDOJO

APRIL 24, 2024

Suppose you stay ahead of trends like AI optimization, blockchain transparency, and sustainable practices. Top Logistics Trends in 2024 As businesses seek higher efficiency and resilience, the supply chain trends for this year reflect a resumed focus on digitization, sustainability, and agility. Or at least that’s what we think.

Optimal Sourcing 56

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 56

BlueYonder

FEBRUARY 19, 2024

Precision Planning – Demand Forecasting and Real-Time Inventory Efficiency often begins with meticulous planning. Aligning the grocery retail ecosystem around real-time inventory marks the initial stride. Building on real-time inventory capabilities, this phase delves into dynamic pricing and promotions.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Waste Reduction Inventory Reduction 52

Unleashed

APRIL 4, 2024

In this issue, we look at: The latest in global supply chain news Manufacturing tips from a safety gear founder 3 simple ways to cut inventory carrying costs Job opportunities from Rolls-Royce, Apple, and more In supply chain headlines New EU due diligence law altered to persuade Italy, Germany.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 52

DELMIA Quintiq

JANUARY 19, 2022

Additionally, the sustainability mandate is calling for the business world to improve and reimagine operations against changing regulations. All these factors are pushing steel manufacturers to seek alternative ways to better execute their business strategy, boost profitability and address their sustainability goals.

Supply Chain Planning Software 156

Supply Chain Planning Software Agile and Lean Supply Chain Scenario Planning S&OP 156

Veridian Solutions

AUGUST 21, 2018

The easiest way to move toward an omnichannel strategy lies in following these tips: Re-evaluate inventory-optimization techniques and systems. Consider new ways to reduce shipping costs and risk, such as the new packaging suspension service Amazon is using, reports the Sustainable Packaging Coalition. Make your case to consumers.

Price Reduction 45

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 45

Logility

JANUARY 26, 2024

Companies must define objectives, acquire the right tools and technology, prepare the data infrastructure, implement AI models, and continuously improve the system. A structured approach to supply chain AI is the answer to a smooth transition. The same holds for the supply chain organization.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

BlueYonder

OCTOBER 5, 2023

But LSPs also need to constantly identify continuous improvement opportunities to retain customers and demonstrate that they are delivering value. From a sustainability angle, they are making labor more productive. Technical innovation is a key aspect to this. LSPs are also focusing on clean operations.

Logistics Network Optimization Software 112

Logistics Network Optimization Software Logistics Supply Chain Software Inventory Reduction 112

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

The Logistics of Logistics

MAY 26, 2023

Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.

Supply Chain Design Software 205

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 205

OptiProERP

APRIL 9, 2024

Integration with inventory management systems is crucial to accurately confirm product availability and delivery timelines. Continuous improvement initiatives help enhance product quality and customer satisfaction. Order Management Once a quote is accepted, it transitions into an order. OptiProERP was the clear winner.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

SCMDOJO

JUNE 6, 2023

This helps them optimize inventory levels and avoid overstocking or understocking. This has proven to improve cash flow since businesses avoid extra costs by excess inventory supply, and they also avoid not having enough products on hand. They can avoid bottlenecks and inventory shortages. Download from the below link.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Logility

MAY 3, 2022

With AOP, your salespeople and e-commerce platform have accurate, real-time estimates of how much product is available to promise or capable to promise so orders will never go unfulfilled due to lack of available inventory. Here are some key advantages of an automated order promising solution: Improved customer satisfaction.

Supply Chain Planning Software 182

Supply Chain Planning Software Optimal Sourcing Forecasting Software Demand Planning Software 182

Synovos

OCTOBER 30, 2023

It is our responsibility to know their business inherently and introduce new savings opportunities and continuous improvements to continue driving those savings. After making one-time adjustments to clear inventory that no longer exists from the ERP system, RS Integrated Supply consistently achieved the target 98%.

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

The Logistics of Logistics

MAY 8, 2023

Square1 Logistics has a team of experienced logistics professionals with expertise in various areas, including transportation management, inventory control, and order fulfillment. The company is committed to sustainability and uses eco-friendly practices wherever possible, including recycling and reducing waste.

3PL 215

3PL Missouri Logistics Network Optimization Software Warehousing 215

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

but when demand slowed, the pressure to reduce inventory becomes a lot higher. Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. 2022 ocean schedule reliability dropped to 30%.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

SCMDOJO

APRIL 11, 2023

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. Curt goes into detail on how back orders affect inventory policies and how to calculate the economic order quantity for inventory policies that allow back orders.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

EC Sourcing Group

JULY 20, 2023

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. This visibility helps identify potential bottlenecks, mitigate risks, and optimize the overall supply chain performance.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Forecasting Software 52

OptiProERP

FEBRUARY 8, 2024

The Role of ERP in Manufacturing Enterprise Resource Planning systems are the backbone of modern manufacturing operations, providing comprehensive tools for managing various aspects of the production process, including inventory management , supply chain logistics , production scheduling, and financial reporting.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

Adexa

JULY 17, 2023

Improved visibility and transparency: Digital transformation enables real-time visibility across the entire supply chain network. It allows organizations to track and monitor inventory levels, production status, transportation, and other crucial supply chain activities.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98