ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

ToolsGroup

MARCH 7, 2023

The dynamic sourcing capability automatically smooths inventory targets day after day and ensures target service levels are achieved regardless of supplier constraints. Stock Mix Optimization : The setting and planning of differentiated and market-oriented service level targets as an optimal compromise between service and inventory.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

Logistics Viewpoints

APRIL 22, 2024

Georgia-Pacific and its subsidiaries manufacture and distribute a wide range of consumer products, including bath tissue, paper towels, napkins, tableware, paper-based packaging, cellulose, specialty fibers, and building products. GP, for example, has also had success in demonstrating that Causal AI can solve difficult sourcing problems.

Georgia 225

Georgia Optimal Sourcing Modeling Modeling Software 225

Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. For the largest retailers, short shipping results in fines and penalties. “I’ll

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. 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

Herlitz Inventory Management

JUNE 1, 2022

Too much inventory can tie up your capital and lead to costly storage fees. Too little inventory can result in lost sales and upset customers. That’s where advanced shipping notice (ASN) comes in. EDI is an electronic exchange protocol that streamlines communication in distribution and logistics.

Shipping 52

Shipping Inventory Management Software Vendor Strategies Inventory Reduction 52

Supply Chain Game Changer

NOVEMBER 8, 2022

From Click to Ship in 4 Minutes! With the design of any product or service it is necessary to establish viable and reliable sources of supply. Wisely chosen these suppliers will also serve as a source of competitive information and competitive advantage. Inventory Positioning. Subscribe Here! Email Address.

Supply Chain Design 114

Supply Chain Design Supply Chain Planning Supply Chain Strategy Manufacturing Procurement 114

The Network Effect

AUGUST 19, 2014

Big things are happening in today’s industrial distribution landscape–five big things, to be exact. Experience also includes mobile, order history, personalization, workflow management system, and free shipping and returns. Industrial distribution is experiencing a huge transformation—and so must you. Experience.

Price Reduction 187

Price Reduction Inventory Reduction Distribution Cost Reduction Strategies 187

BlueYonder

OCTOBER 4, 2022

Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption. The post Climate Change: Yet Another Source of Global Supply Chain Risk and Disruption appeared first on Supply Chain Nation.

Optimal Sourcing 81

Optimal Sourcing Supply Chain Planning Software Sourcing Modeling 81

ShipBob

NOVEMBER 24, 2023

The root of many inventory management challenges lies in treating all stock equally—when in reality, each item should be assessed and segmented individually. This is where inventory segmentation can help. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

The Network Effect

AUGUST 21, 2015

In our first post , we explained that the purpose of a distributed order management (DOM) system is to intelligently broker orders across the various systems and processes utilized by the multiple parties involved in replenishing an order. jkr1812/Flickr. Then we explored the benefits for retailers.

Distribution 100

Distribution Optimal Sourcing Network Optimization Supply Chain Network Software 100

3PL Insights

FEBRUARY 14, 2023

This process starts from the moment a product is sourced from the supplier to the customer. The flow of finished goods in retail logistics is a multi-step process, encompassing inventory management, order fulfillment and shipping, and returns management. These orders can go to storefronts or be shipped direct-to-consumer.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Inventory Management Software Supply Chain Software Retail 92

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper has one main distribution center roughly three miles from their largest hospital in Camden. Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. The volume of goods needed to serve their patients is also significant.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

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? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 72

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

Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. Additionally, traditionally beauty consultants sold products and the company shipped products to the consultants. That is changing.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

Logistics Viewpoints

DECEMBER 12, 2022

The Company operates eighteen manufacturing facilities, nine distribution centers located throughout North and Central America. They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. The fast-growing company generated over $5.5

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

Logistics Viewpoints

JUNE 30, 2022

With our supply chains clogged and retail inventories piling up, we have a situation wherein the huge imbalances between demand and supply at the product mix level can have an adverse impact on product availability for B2B and B2C companies alike, especially as we start heading to the holiday season. Not really. in October 2021. A ratio of 1.5

Supply Chain Planning Software 216

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

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. Many companies buy forward inventory ahead of tariffs being implemented. For instance, law firms and consultants in the U.S.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logistics Viewpoints

DECEMBER 5, 2022

Mr. Eberle is the vice president of logistics and distribution operations at Molex. Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. But they were very basic.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Supply Chain Game Changer

DECEMBER 9, 2020

The list is long: Inventory management is handled through your ERP Your product development team works through the PML Sales and marketing are housed in the CRM And it feels like half the company is still managing product data in spreadsheets. Inventory management starts with the fundamental in and out of your supply chain.

Inventory Management Software 98

Inventory Management Software Inventory Management Optimal Sourcing Inventory Reduction 98

Logistics Viewpoints

JUNE 8, 2021

Other retailers and e-commerce merchants may lack the retail or distribution center footprint to rollout same-day delivery nationwide. How can we strategically house inventory to better support gig integration? Where will our inventory footprint currently support gig integration? Business intelligence lights the path for others.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Network Software Retail Logistics Network Optimization Software 278

Logility

MARCH 16, 2023

Higher interest rates and materials prices are increasing the costs of carrying inventory. And rapid shifts in market demand always leave someone holding excess inventory. Add more distribution centers? In times of economic uncertainty, there’s one thing for sure: supply chain leaders must be able to pivot quickly.

Network Design Software 130

Network Design Software Network Design Supply Chain Design Network Optimization 130

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

SCMDOJO

MARCH 19, 2024

Here’s why a structured approach is important: Efficiency A structured department creates a clear division of labor and defines processes for procurement, production, distribution, and returns. This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

EMERGE App

DECEMBER 18, 2018

But I’m sure many of you in the wholesale and distribution business are thinking: “ What does 2019 hold for the wholesale and distribution industry? They range from small-batch soap manufacturing to the distribution of sports car parts. Shipping costs are also expected to spike upwards.

Distribution 74

Distribution Trends Manufacturing Procurement Vietnam 74

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

RFgen

FEBRUARY 16, 2023

KEY TAKEAWAYS: Consignment inventory is distributed inventory to a retailer from a supplier, without the supplier transferring ownership of the inventory. Accessibility, strong data capture, and ease of use are all critical components when determining what consignment inventory software to use.

Inventory Reduction 52

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

Logistics Viewpoints

MAY 4, 2022

And the key to delivering the product is distributed order management. Distributed Order Management. To combat these pressures, companies are continuing to look at distributed order management. This includes the entry of the order, sourcing, payments, and fulfillment. The first is the move to the cloud. Final Thought.

Distribution 222

Distribution Optimal Sourcing Modeling Modeling Software 222

Supply Chain Game Changer

OCTOBER 5, 2022

Here we take a closer look at the role that a fulfilment warehouse plays in the modern distribution process. Without a warehouse, there is nowhere to store physical products before they are dispatched to the final consumer or to another distribution centre. Keeping records of the above is called a warehouse inventory.

Warehousing 95

Warehousing Sourcing Strategies Supply Chain Design Software Supply Chain Software 95

Enterra Insights

JUNE 28, 2023

By 1956, the first container ship sailed from the port of New Jersey to Texas. That includes packaging, warehousing, shipping, and more. By having more efficient delivery routes, warehouses, and inventory systems in place, companies can reduce their operational costs while still delivering great customer service.”

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 130

Ware2Go

OCTOBER 21, 2021

Customer expectations for shipping are higher than ever. Why Shipping Costs Matter. In today’s anything, anytime connected world, shipping costs and delivery speed have become make-or-break factors for small-and-medium sized businesses (SMBs) across the business-to-business (B2B) and business-to-consumer (B2C) spectrum.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Resource Reduction 52

Intelligent Audit

SEPTEMBER 13, 2021

Increasing parcel shipping capacity is more important than ever, thanks to increased pressure brought on by a rise in e-commerce delivery and transportation disruptions. Stay Apprised of the Changes Within Parcel Shipping Capacity Limits. ? This leads to higher shipping and operating costs for both carriers and shippers.

Capacity 52

Capacity Shipping Expense Reduction Forecasting 52

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

The ongoing impact of the pandemic brings greater challenges and obstacles with increased consumer demand, limited resources, shipping congestion, and labor shortages. This data is combined with other sources to always know the location of the shipments and the condition of the cargo, facilitating rapid, real-time action if problems arise.

Supply Chain Disruption 246

Supply Chain Disruption Optimal Sourcing Supply Chain Software Agile and Lean Supply Chain 246

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. HarbisonWalker International Manufactures and Distributes Refractory Products. The sourcing centers are key to just-in-time, same-day, next-day deliveries.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157