Saleswarp

DECEMBER 27, 2023

Efficient warehouse management is the backbone of a successful supply chain. Two essential components, unit types and lot codes, have revolutionized the way warehouses handle inventory tracking. Some customers may prefer to purchase products in specific unit types, while others may have options to choose from multiple types.

Warehousing 40

Warehousing Manufacturing Procurement Inventory Management Software Sourcing Strategies 40

Unleashed

FEBRUARY 14, 2024

In accounting, finished goods inventory is the specific number of inventory or manufactured items that you currently have in stock available for customers to purchase. Step 1: Raw materials procurement One of the first activities of a manufacturing business is to obtain the raw materials needed to produce a finished good.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Unleashed

DECEMBER 12, 2023

This article explores the benefits of good BOM management, the role of a BOM manager, and how to manage your BOMs effectively with best-practice processes, software, and equipment. Effective BOM management is achieved by efficiently performing key production tasks and can be improved with the help of appropriate software and equipment.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. What Is Dead Stock? Within the retail industry alone, estimates indicate that dead inventory costs nearly $50 billion year-over-year.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Inventory Management Software 98

EC Sourcing Group

OCTOBER 26, 2021

Before the Internet was a vital tool in business, the supply chain was a much different place than today. However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

Resilinc

FEBRUARY 20, 2024

In our Q&A, Shahzaib discussed predictive AI, which is used for supply chain disruption monitoring, hurricane simulators, commodity predictions, supplier screening, and predictive purchase orders. Shahzaib also touched on Generative AI, which is used in Resilinc’s supply chain disruption alert system, EventWatch AI.

Predictive Analytics Software 96

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 96

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Competitive advantage: When it comes to making a purchase , customers usually have several options to choose from.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

ThroughPut

OCTOBER 16, 2022

According to a study by Deloitte , those companies that were best equipped to respond to the disruption driven by the pandemic had robust relationships with their supplier and partners and the required tools in place to offer visibility into their broader supply networks. Optimized Warehouse Management. Process-Oriented Replenishment.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 52

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

My Office Apps

JULY 22, 2021

There is a persistent notion that business owners of all kinds are saving time and money by not learning new software. The need for inventory management software is not something that can be ignored forever. Not just in the amount purchased, but the operational costs associated with consuming a said item.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 52

Unleashed

DECEMBER 10, 2023

So, when it comes to investing in supply chain software, how do you know which solution is best for you? We’ll dive into the unique features and functionality – and explore which types of companies the two systems are best suited for to help you decide which is the right software for your business needs. What is an ERP system?

Inventory Management Software 52

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

Arkieva

NOVEMBER 2, 2016

If you are a warehouse manager, you would know that handling warehouse operations is not an easy task. It is important to constantly implement ways to optimize the processes and improve the operational effectiveness of the warehouse. Here are 10 effective warehouse productivity tips to help you reduce downtime right away.

Vendor Strategies 60

Vendor Strategies Inventory Reduction Waste Reduction Material Savings 60

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. We all know that inventory takes up valuable warehouse space and ties up capital. Therefore it’s important to invest money in products that will sell so you can optimize inventory turnover and warehouse space.

Modeling 98

Modeling Optimization Software Inventory Reduction Optimization Modeling 98

EazyStock

JUNE 21, 2022

Recent Accenture research showed that 53% of supply chain executives said the pandemic had made them rethink their overall supply chain leading many companies to use cloud computing solutions to help them transform their business and how they operate their supply chains. The transition to cloud solutions in supply chain management.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Optimization Software Demand Planning Software 52

Locus

APRIL 3, 2023

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. The global last-mile delivery market size is expected to reach $61.57 billion by 2025, growing at a CAGR of 16.7%

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

EazyStock

APRIL 18, 2023

Higher interest rates make borrowing money more costly, making financing day-to-day operations such as inventory procurement, transportation and storage more expensive. For example, warehouse costs, insurance and financing. Thanks to continually rising energy and utility costs running warehouses and businesses is more expensive.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Reduction 52

EazyStock

JUNE 16, 2022

It uses algorithms, software, or systems to learn and adjust without specific programming. This could include working out shorter warehouse picking routes, predicting upcoming faults in warehouse automation machinery to prevent breakdowns, or tracking packages across their entire supply chain journey to optimize the route.

Modeling 52

Modeling Supply Chain Software Forecasting Software Supply Chain Optimization 52

Shipchain

APRIL 2, 2019

Marrying electronic device manufacturers and blockchain software vendors will have a profound impact on reducing the spread of counterfeit products and more. As blockchain guarantees the validity of information, it could have other implications in warehouse management systems (WMS) and logistics management.

Manufacturing Procurement 49

Manufacturing Procurement Electronics Supply Chain Design Software Procurement Solutions 49

ThroughPut

SEPTEMBER 27, 2021

The touchpoints can indicate the need for expedited procurement, new vendor relationships, or enhanced delivery speeds. Warehouse Stock Levels. The warehouse stock levels are a key indicator of how demand fulfillment will unfold. Warehouse Management. External Replenishment Triggers. Process-Oriented Replenishment .

Inventory Reduction 52

Inventory Reduction Vendor Strategies Optimal Sourcing Modeling 52

Locus Robotics

JULY 5, 2019

Is deploying warehouse robotics to automate piece picking for fulfillment operations at an inflection point? Using warehouse robotics to improve today’s fulfillment industry is not at a simple inflection point. We recently conducted a Locus demo and presentation for 30 supply chain executives with a very large global brand.

Warehousing 40

Warehousing Cost Reduction Strategies Vendor Strategies Price Reduction 40

Requis

MARCH 10, 2020

Based on a number of sources, we estimate that the Global 2000 spends around $12T annually on procurement of new assets. In our experience, at least 10% is idle surplus, sitting in warehouses and storage yards. From there, the decision can be made as to whether to redeploy internally (to reduce procurement costs) or to sell externally.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Sustainability Waste Reduction 52

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%. Now take a moment to think about the complicated trip your gadget took to reach your doorstep.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

Locus

DECEMBER 23, 2022

Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. Retailers need a robust logistics solution that helps them align their capacity with customers’ delivery preferences. Retailers should leverage cutting edge technology solutions to overcome this major roadblock.

Analytics Software 52

Analytics Software Retail Supply Chain Planning Software Demand Planning Software 52

6 River Systems

AUGUST 13, 2019

6 River Systems (6RS) – the provider of the world’s first and only fully collaborative mobile robotics fulfillment solutions – will gather its community for FLOW 2019 , a three-day user conference in Boston Sept. 6RS has quickly established itself as a leader in warehouse and supply chain automation. 9-11, 2019.

Conference 53

Conference Demand Planning Software System Supply Chain Software 53

Locus

JUNE 23, 2023

Storing the order During this stage, the ordered items are temporarily stored in a warehouse, storage facility, or other storage systems for easy picking and packing. It is necessary for warehouse staff to check if items are safely packed and well-protected during transit and meet shipping requirements like weight size or size limits.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Vendor Strategies 52

Locus

JUNE 3, 2022

In the case of manufacturers, it means procuring green and sustainable raw materials. Sustainable warehousing. Although often overlooked, warehouses and storage centers use huge amounts of energy in supply chains. Where the warehouse is located is also important. Schedule Demo. Route Optimization.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

ThroughPut

OCTOBER 16, 2022

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. Accurate demand forecasting is an important element of supply chain inventory optimization solutions. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Arkieva

JULY 25, 2016

Continuing growth in ecommerce is fueling a tight market for distribution and fulfillment centers space, either leased, purchased or through a partner, as companies look to expand their networks to meet growing consumer demand for rapid parcel delivery. in 2015, of which 50% to 75% comprised warehouses. Source: Multichannel Merchant.

Supply Chain Planning Software 60

Supply Chain Planning Software Manufacturing Procurement Procurement Solutions Supply Chain Software 60

EazyStock

JUNE 23, 2022

Large amounts of unstructured and structured information that can’t be processed using traditional techniques and software because of its size is called big data. Advanced software systems can make this easier and bring significant benefits to your business. Look at where warehouse technologies can support your business.

Inventory Management Software 52

Inventory Management Software Big Data Inventory Management Inventory Reduction 52

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy. What is warehouse inventory management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

EazyStock

FEBRUARY 17, 2021

While you need enough stock to cover your forecasted demand, the last thing you want to do is tie up too much capital in items sat in a warehouse. Often, the only way to achieve extremely high service levels is to carry high volumes of every SKU in your warehouse – and we’ve already established that this isn’t a smart approach!

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 75

EazyStock

DECEMBER 13, 2020

Supply chain digitalization will help moderate everyday, manual tasks so teams have more tools to respond to problems that arise. Inventory optimization software can also help by automatically producing forecasts and updating planning parameters like order quantities, reorder points and safety stock levels.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Inventory Management Software Resource Reduction 98

OptiProERP

JUNE 4, 2021

Leveraging an ERP solution provides manufacturing companies more flexibility and deeper control over business processes with advanced supply chain management capabilities to navigate these challenges and increase efficiency, productivity, and profitability. ROI analysis is also a prerequisite for authorizing and funding ERP solutions.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Analytics Software 52

crisp

SEPTEMBER 6, 2023

1: Purchased goods and services Category 1 emissions are the “cradle to gate” emissions encompassing the lifecycle of the product’s materials up until its sale to the reporting company. Example: The tea company purchases a new truck and factory. 3: Fuel and energy Emissions from the production of purchased fuel or energy.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Waste Reduction Supply Chain Design Software 52

ThroughPut

APRIL 13, 2021

Overworking your limited resources or late deliveries can never be long-term solutions and that’s why every business needs capacity planning. Tool Capacity Planning. With tool capacity planning, you can ensure that you have enough tools, such as transport, machinery, and others, to complete tasks. Batch Management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

ThroughPut

APRIL 13, 2021

Overworking your limited resources or late deliveries can never be long-term solutions and that’s why every business needs capacity planning. Tool Capacity Planning. With tool capacity planning, you can ensure that you have enough tools, such as transport, machinery, and others, to complete tasks. Batch Management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

EazyStock

JANUARY 4, 2021

However, having control over every inventory item often ends up being a time-consuming and frustrating endeavor for most inventory teams, as they rarely have the right tools in place to get the job done well. This is where an inventory optimization tool comes into play. Acumatica’s Inventory Management Capabilities.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52