Stord

MAY 15, 2024

Customer satisfaction hinges on more than just the quality of the products purchased; it's also deeply influenced by the efficiency and reliability of the delivery process. When customers hit 'purchase,' they're not just buying a product; they're buying an experience — one that includes a swift and smooth delivery process.”

Logistics Network Optimization Software 78

Logistics Network Optimization Software Sourcing Strategies Logistics Supply Chain Design Software 78

Precoro

OCTOBER 24, 2022

Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Purchase requisitions and orders, receipts, invoices, and other documents must each contain specific information, often legally binding. Low-Quality Documentation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

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

GlobalTranz

JANUARY 8, 2016

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? IT Systems?

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. and bring inventory accuracy up to an impressive 99.9%. Inventory tracking is the most successful use case for RFID technology.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 89

Supply Chain Shaman

JUNE 29, 2022

The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. We can no longer assume that government policy is rational, variability is low or logistics are available. ” Most have the same values in the system as when it was installed.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

GlobalTranz

JUNE 18, 2015

Needs for efficient reverse logistics systems continue to increase as e-commerce claims greater market share, and as so many traditionally functioning businesses grow and inevitably incur increasing volume of returns. This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

Logistics Viewpoints

DECEMBER 14, 2021

Millions of shoppers, like my Dad, are not going back to their old habits because there are now faster and more convenient ways for buying daily household needs. It excels on a union of E-Commerce mobile apps and last-mile delivery innovations. Inventory Optimization. Supply Chain Digitalization & Autonomous Planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

Stord

MAY 21, 2024

But as brands quickly scale, they add new tools on top of legacy systems, taking protocols that were effective when shipping 50 orders per month and bolting on other systems hoping they can all work seamlessly together when they hit hundreds of orders per day. This habit of interlocking “band-aid” solutions is not unique to logistics.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Supply Chain Software Software Inventory Reduction 78

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Logistics Network Optimization Software 92

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 92

Supply Chain Shaman

FEBRUARY 14, 2022

At the time, I was fascinated how the most mature teams bucked the system. Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. Regardless of what it was (new tube of toothpaste, dog treats for your pup, or a new filter for your water purification system), logistics is the system behind getting it into your hands. Inventory management. Inventory management. What is a logistics startup?

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

Supply Chain Shaman

DECEMBER 27, 2022

In the process, there is a fine line between marketing hype and overpromising, making buying difficult. McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I For many tech providers, the message often becomes a religious argument. Digital Supply Networks.

Supply Chain Software 411

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 411

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. INVENTORY STRATEGY. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Enterra Insights

DECEMBER 4, 2019

… The one issue retailers should we wary of — if this trend tracked by Coresight holds true — is ending up with too much inventory on their hands after the holiday season, if they’re planning to sell more than what ends up being the case. As Thomas pointed out, inventory management is especially critical during the holiday season.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. Focus on right-sizing inventories.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

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

Supply Chain Game Changer

SEPTEMBER 30, 2022

Warehouse professionals face a lot of challenges, such as inaccurate inventory, avoiding product damage, and poor space utilization. Fortunately, having the appropriate pallet racking system can help address these challenges. Generally, the price of a pallet racking system is an indication of its quality and reliability.

Optimization Software 110

Optimization Software Warehousing Supply Chain Optimization Price Mitigation Strategies 110

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. It is not necessary to buy them from a universal database (such as UPC) particularly if you are just starting out and testing the waters.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

Operations and Supply Chain Management

FEBRUARY 28, 2024

Swimsuits and dresses for weddings—you never buy just one,” says Joanie Demer, co-founder of Krazy Coupon Lady. People who buy portable generators during weather emergencies use them until the emergencies have ended, and then those go back too. Brick-and-mortar stores also allow shoppers to return unwanted purchases.

Reverse Logistics 75

Reverse Logistics Purchasing Skills Logistics Network Optimization Software Eliminating Excel in Purchasing 75

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The question is, “Why?

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

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

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Listen to your people.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Logistics Viewpoints

NOVEMBER 4, 2021

High e-commerce shopping rates combined with construction delays are causing a strain in the supply of new warehouse space, especially as companies shift their inventory management strategies from just- in-time (JIT) inventory management to larger safety stocks for better responsiveness. Worker safety and efficiency is also crucial.

Warehousing 201

Warehousing Inventory Reduction Supply Chain Network Software Inventory Management Software 201

Unleashed

MAY 20, 2024

In this week’s edition of The Backorder: REI Co-op gives back $270 million to global communities 6 quick ways to improve supply chain visibility An ecommerce logistics insider shares her best industry advice Job opportunities from McLaren Racing, Hello Fresh, and more Not subscribed yet? Forecast demand. Use a ‘stock-aware’ CRM.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software S&OP 52

ShipBob

DECEMBER 13, 2023

The success of any ecommerce business depends greatly on how it manages its inventory health. Now, for some, inventory health may not be an immediate concern. You might say, “I’ll just order plenty of inventory and wait until it sells out.” What is inventory health?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Vinculum

DECEMBER 9, 2020

There are few industries where a high-quality warehouse management system (WMS) is as vital as the 3PL (third party logistics) vacillate trade. A quality 3PL supplier should be a fast track to rearrange and distribute excellence providing the warehouse system in the situation is strong enough. On-line visibility.

Supply Chain Planning Software 52

Supply Chain Planning Software 3PL Demand Planning Software Warehousing 52

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

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. 5 Strategies for Improving Distribution Center Operations To ensure that your organization’s distribution operations run smoothly and provide the best customer experience possible, you should regularly assess your systems.

Inventory Reduction 104

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 104

Logistics Viewpoints

SEPTEMBER 20, 2022

Well, we also know that many legacy systems will not be able to support all these changes quickly and cost-effectively. This is how composable systems work. So, when you are not happy with a specific aspect of a system, you don’t have to rip it off entirely and start over with a new system. Step 2 – Getting Smarter.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Supply Chain Game Changer

JUNE 3, 2021

Furthermore, whether purchased in a store or plucked right from their doorstep, buyers want to receive their products immediately and in excellent condition. Finding out if your provider offers these next-level services are critical because they can make a significant difference in your overall logistics process.

Logistics Network Optimization Software 97

Logistics Network Optimization Software SCM Supply Chain Planning Software Supply Chain Design Software 97

Supply Chain Shaman

APRIL 16, 2024

Can we build collaborative platforms for role-based discussions across commercial (sales and marketing) and operations (manufacturing, logistics, and purchasing) teams? Focus on improving operating margin, inventory turns, and revenue/employee simultaneously. in inventory value. The goal of the balanced scorecard?

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 221

Supply Chain Shaman

SEPTEMBER 27, 2021

Importers are trying to push 30 percent more thru a system that is running at 70 percent throughput aainst the old level. My thought was to combine my experience working on visibility solutions with Descartes Systems Group and Manugistics with recent research data. Conventional approaches are not sufficient. I thought it would be easy.

Supply Chain Planning Software 346

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 346

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52