Enterra Insights

MAY 26, 2022

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Manufacturing Procurement Predictive Analytics Software 130

Precoro

JANUARY 30, 2023

From raw materials (wood for a furniture factory or vegetables for a restaurant) and finished goods (office or lab supplies) to services (software subscriptions), buyer-vendor relationships are at the core of every business. As a company slowly grows, purchase management becomes more and more complicated.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Supply Chain Software 52

Unleashed

MARCH 26, 2023

If you’re running a product business and using Xero for your accounting, you’ll need to implement some form of inventory management. While the platform offers some inventory features of its own, many businesses will require something with greater functionality. Do you need integrated Xero inventory software?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

Logistics Viewpoints

OCTOBER 2, 2023

FourKites CEO, Matt Elenjickal One of the two leaders in the real-time transportation visibility market is FourKites. ARC considers real-time visibility solutions, like the one from FourKites, one type of SCCN solution. ARC considers real-time visibility solutions, like the one from FourKites, one type of SCCN solution.

Real-time Visibility 219

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 219

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. It gives you the accurate data you need to make the best decisions for your brand, and positions you to meet customer expectations while reducing the cost of doing business. What is inventory tracking?

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Supply Chain Shaman

SEPTEMBER 13, 2023

Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” I know that your primary focus is procurement. In a recent blog post, I was challenged by Anna. ” Anna, this blog post is for you.

Supply and Demand 389

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 389

Logistics Viewpoints

OCTOBER 19, 2023

Even worse, I work for a company who makes solutions to help companies solve these kinds of problems, which I listen, speak and write about for a living! The issue wasn’t poor planning – they had the inventory. Customer service couldn’t call the DC, only email them, and her emails weren’t getting responses.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

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. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Herlitz Inventory Management

JANUARY 18, 2023

Demand forecasting is a vital activity for wholesale and retail purchasing teams. It helps ensure they will have adequate inventory available to meet future demand and avoid stockouts. Forecasting inventory is simple in theory, but difficult in practice. Demand is very difficult to accurately predict without the proper tools.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Procurement Solutions 52

RFgen

JUNE 16, 2023

Ultimately, customer service declines. And automated inventory management may hold the key. Intelligent software solutions can automate inventory management processes like order picking and fulfillment to remove human error and manual tasks. Why Bother with Automation?

Inventory Management Software 74

Inventory Management Software Supply Chain Software Inventory Reduction Inventory Management 74

Logistics Viewpoints

APRIL 10, 2023

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. The timing was not great.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

BlueYonder

DECEMBER 18, 2023

The report is aimed at “provide[ing] an entry point in a company’s due diligence in looking for the application or suite of solutions that best suit their specific needs as they move toward this goal.” The IDC MarketScape report on Order Orchestration and Fulfillment evaluates 14 software vendors in this area.

Optimal Sourcing 94

Optimal Sourcing Procurement Analytics Supply Chain Planning Software Predictive Analytics Software 94

Unleashed

FEBRUARY 18, 2019

When deciding where to prioritise budget spend for greatest return on investment, companies have difficult decisions to make and while inventory control continues to be fundamentally impacted by innovation, it is often overlooked when the time comes to allocate funds. Real time inventory. Champions modern assembly needs.

Inventory Reduction 70

Inventory Reduction Inventory Management Software Supply Chain Design Software Procurement Solutions 70

Supply Chain Shaman

JANUARY 31, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. The US GDP in 2021 grew at an unexpected rate of 5.7% Focus on Cost.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

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

ShipBob

NOVEMBER 29, 2023

But just a couple of hours ago, two units were damaged during order picking. These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. And this data discrepancy is because of poor inventory management and tracking.

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

Clear Spider

OCTOBER 26, 2022

For many of these successful companies, a Vendor Managed Inventory (VMI) system is the secret to their enviable growth. Of course, without the right tools, this is no simple task. To break it down, efficient supply chain and inventory management practices should do two things: minimize inventory costs and maximize profits.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

Supply Chain Shaman

FEBRUARY 7, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. The US GDP in 2021 grew at an unexpected rate of 5.7% Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. If you’re new to order fulfilment and inventory management , you’ll need a firm understanding of the backorder process. Putting an item on backorder reserves future stock for a specific customer.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Silvon Software

MAY 1, 2024

Predictive Analytics has emerged as a pivotal tool in this quest, offering unprecedented foresight into market trends, consumer behavior, and operational efficiencies. Modern BI systems play a critical role in ensuring the integrity of data by providing tools and frameworks for data cleansing, validation, and consolidation.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Predictive Analytics Software Analytics Software Predictive Analytics 59

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? In other words, it will be different for every enterprise or organisation.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Enterra Insights

DECEMBER 26, 2022

Before the age of e-commerce, department stores dutifully opened a special post-Christmas customer service section dedicated to handling returned products. Those customer service windows still exist; however, many after-holiday returns are now made via e-commerce channels. of all merchandise purchased in the U.S.

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 130

Unleashed

MAY 15, 2023

From targeted email campaigns to inventory management integrations, we’ll outline how you can develop strong B2B CRM strategies to improve business performance and achieve predictable growth. Looking for a complete CRM + inventory management solution? B2B CRM software acts like a virtual stockroom for business data.

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

Unleashed

OCTOBER 20, 2022

Meet our expert panel: Fatima Salhab: Portfolio CFO & eCommerce sector leader-from flinder – a smart finance functions and data analytics solution. Michael Von Euw: ex Operations Manager for Edinburgh Tea and Coffee and now MD of Kontroll Solutions – which provides inventory, financial & e-commerce consultancy.

Supply Chain Planning Software 98

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

QAD

JULY 21, 2022

Common results of the bullwhip effect are excess inventory and associated cost increases, lost revenue, unnecessary capacity and a less-than-optimal customer experience. Price fluctuations and discounts resulting in increased purchases. Brittle supply chains need specific solutions to gain agility, efficiency and resilience.

Price Reduction 95

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 95

RFgen

MAY 18, 2023

The Age of Digital Inventory Management Welcome to the era of the digital revolution. Inventory management is no exception. Long gone are the days when managing inventory was a paper-heavy process. Today, it’s all about digital inventory control. And how can one platform hit a bullseye every time?

Inventory Management Software 52

Inventory Management Software Optimal Sourcing Optimization Software Forecasting Software 52

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. eCommerce Purchases and “The New Normal” Retail Categories. From pet supplies – who doesn’t want a furry remote work friend – to outdoor activities, some initial pandemic shopping trends aren’t going away any time soon. The Retail Trends Shaping How We Shop in 2022.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

EazyStock

JUNE 25, 2018

Inventory management. Automated inventory management is nothing new to huge, enterprise-sized companies. However, small- and mid-sized businesses have only recently been investing in this new automation for their inventory management – and many SMBs are still hesitant about investing in this new technology. The most surprising?

Inventory Management Software 66

Inventory Management Software Supply Chain Software Inventory Management Supply Chain Planning Software 66

Enterra Insights

AUGUST 31, 2023

During this period of changing consumer behavior, retailers experienced an inventory mismatch and inflation reared its ugly head. ”[1] Analysts from the Federal Reserve Bank of New York note that this was the first time in history that U.S. Fortunately, the deep recession that many economists predicted didn’t emerge.

Packaging 246

Packaging New York Procurement Analytics S&OP 246

Logistics Viewpoints

JANUARY 20, 2022

As online retail continues its impressive growth, consumers and retailers alike are realizing the importance of delivery and its impact on purchase decisions. Two-man delivery crews may be needed and oftentimes may need to enter the home to deliver and install purchased items. Delivery Visibility.

Manufacturing Procurement 182

Manufacturing Procurement Procurement Solutions Purchasing Skills Inventory Reduction 182

ThroughPut

MARCH 27, 2024

Every aspect of operations, be it managing the inventory, forecasting demand or fulfilling orders was dependent on human wisdom and intuition. Real-time visibility was lacking, be it in warehousing or transportation, due to which delivery delays were common. Besides, AI is helping retailers optimize inventory, warehouse and pricing.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Supply Chain Game Changer

SEPTEMBER 1, 2021

A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. How You Can Manage Your E-Commerce Store With No Inventory. The customer only needs to order the product from your storefront, which means you won’t need an inventory. of global retail sales. Drop shipping.

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Design Software Logistics Network Optimization Software 87

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. When it comes to customer service, how you manage your WooCommerce order fulfilment plays a vital role in meeting customer expectations. Before we dive into the details, let’s run through a quick overview.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Logility

JUNE 2, 2023

The very foundation of operational efficiency, customer satisfaction, and overall profitability hinges upon the ability to predict demand with precision. They help minimize inventory, streamline purchasing, optimize distribution, and enhance production efficiency while ensuring the highest level of customer service.

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

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. These examples are just the tip of the iceberg. Let’s dive in.

Inventory Management Software 52

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

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The output from the monthly process is an updated plan that balances demand with supply over a 24-month time horizon. Dean Sorenson concurs.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235