EazyStock

MAY 24, 2022

Often, businesses focus on inventory management from a supply chain perspective – holding enough stock to meet customer demand and hitting fulfillment targets. This post, however, will focus on the financial aspect of inventory: inventory value – taking an accountant’s view of how to manage stock effectively.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Management Inventory 52

20Cube Logistics

JANUARY 31, 2021

Cross docks are hubs that sort and group freight cars with other products and load them into outbound trucks. Warehousing space is saved and can be used for any other major requirement, complete inventory management . The company also gains on reduced cost and has control on the inventory management.

Inventory Management 52

Inventory Management Inventory Reduction Material Savings Inventory 52

Veridian Solutions

FEBRUARY 26, 2020

Supply chain leaders often interchangeably refer to both a warehouse management system and an inventory management system as one and the same. While a warehouse management system may perform similar functions, it may be also be limited in its use. Challenges of Limited Inventory Management Capabilities.

Inventory Management Software 64

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 64

SYSPRO Smarter ERP

NOVEMBER 30, 2021

labor, materials and warehousing, to IT, freight and safety. Forced to implement protective measures through the pandemic, some companies increased overhead by stock piling inventory which negatively affects both cash flow and profits. Click here to learn more about SYSPRO’s MRP solutions and how to plan and manage uncertainty.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Veridian Solutions

MARCH 18, 2020

Selecting the best inventory management system remains a vital concern for small and mid-sized businesses, as well as enterprises. In the age of the internet, inventory management carries a heavy burden; failure to track and manage inventory across all channels muddies the waters of omnichannel proficiency.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Inventory Management Inventory Reduction 52

ThroughPut

JUNE 4, 2020

It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory. Inventory optimization is also considered as the next level of inventory management for warehouse and supply chain managers. Lack of automation.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory. Inventory optimization is also considered as the next level of inventory management for warehouse and supply chain managers. Lack of automation.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

EMERGE App

AUGUST 22, 2019

Not Another List of Inventory Management Techniques. I want to start by saying that this is not an exhaustive list of all the possible inventory management techniques available for all industries. What we will cover are practical inventory management techniques that: Our customers use; and.

Inventory Management Software 66

Inventory Management Software Inventory Management Inventory Reduction Inventory 66

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. 5 Challenges Facing Supply Chain Managers in Manufacturing. Inventory management software is an important solution. Skilled Labor Shortage. According to U.S.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

Supply Chain Opz

MARCH 26, 2015

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. Then, many people think sophisticated forecasting models will do a better job.

Inventory Management Software 100

Inventory Management Software Inventory Management Inventory Reduction Forecasting 100

Logility

JULY 5, 2023

This leads to optimized inventory levels, reduced stockouts, and enhanced customer satisfaction. Optimal Inventory Management Managing inventory efficiently is a perennial challenge for businesses, as excess stock ties up capital, while stockouts result in lost sales opportunities.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Modeling Scenario Planning 191

Herlitz Inventory Management

SEPTEMBER 8, 2017

How can you sustain profitable inventory levels when different departments have conflicting priorities? When Anders Herlitz lead E3 and gave lectures at the Inventory Management Institute, his favorite part of the Executive School was when he described the business phenomenon referred to as “prevailing winds.”. Gross Margin.

Inventory Management 40

Inventory Management Inventory Reduction Inventory Cost Reduction Strategies 40

EazyStock

AUGUST 29, 2018

EazyStock recently appeared on The Freight Project Podcast hosted by Marketing Manager Adam Robinson at Cerasis to address the most pressing challenges that inventory managers face. To listen to The Freight Project Podcast episode on inventory management, use the link below, or visit Cerasis’ blog for more ways to listen.

Freight 51

Freight Inventory Management Software Inventory Management Supply Chain Software 51

MercuryGate

APRIL 25, 2023

Inefficiencies and uncontrolled freight costs arise from outdated manual processes, unforeseen delays, and extreme disruptions. The post Shipment Visibility Benefits Improve Freight Flow and Inventory Management appeared first on MercuryGate International.

Inventory Management 52

Inventory Management Freight Inventory Logistics 52

Supply Chain Matters

APRIL 7, 2023

Supply Chain Matters provides highlights of the March Logistics Manager Index which indicates that U.S. freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. percentage points below the February value of 54.7, All rights reserved. The post U.S.

Freight 52

Freight Manufacturing Procurement Supply and Demand Nevada 52

The Logistics of Logistics

OCTOBER 30, 2023

solution combines aggregated market data and customer data with advanced machine learning techniques to deliver short-term predictive freight market pricing specific to a company’s individual buy and sell behavior. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins. The Greenscreens.ai

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

Logistics Viewpoints

SEPTEMBER 16, 2021

Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.

Supply Chain Risk Management 217

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 217

SCMDOJO

MARCH 27, 2024

2 Magaya Supply Chain Another logistics and supply chain management tool is the Magaya Supply Chain. It encompasses a wide range of features from freight forwarding to brokerage. Its advanced Warehouse Management System integrates with major online sales channels. Pros: Comprehensive solution for freight shipping needs.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 73

Supply Chain Game Changer

MAY 20, 2020

Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. Meanwhile, the global air cargo volume has dropped significantly, explains Greg Knowler, JOC Senior Editor , “up to 5,000 tons of cargo in air freight from China to the U.S. The impacts are not just limited to air freight market changes.

Freight 56

Freight Cargo Reverse Logistics Supply Chain Planning 56

GlobalTranz

MAY 24, 2016

The Ideal TMS Helps Complete Warehouse Management. The ideal TMS can maximize the efficiency of a warehouse and directly affect inventory management. As a result, the amount of inventory can be managed to reflect the consumer demand. Freight Consolidation. Reduced Training Costs.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

Unleashed

JANUARY 31, 2023

In-transit inventory is a frequently overlooked aspect of inventory management and accounting for product businesses. Let’s break down what it is, how to calculate its value, plus a few tricks for smarter management of in-transit goods. What is in-transit inventory? So, 6.3 + 500 = $506.30.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Supply Chain Planning Software 98

GlobalTranz

AUGUST 4, 2021

Traditional Inventory Replenishment Strategies No Longer Work. A traditional inventory replenishment strategy, such as ordering based on historic patterns, is no longer effective in today’s world. Therefore, it is easier to increase the volume of freight moving across both inbound and outbound channels.

Supply Chain Risk Management 288

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 288

GlobalTranz

JULY 17, 2020

The leading inbound freight trends for 2020 reveal a stronger push to improve inbound logistics efficiency and lower barriers to inventory management stress. Shippers that take time to understand these trends can position their organizations for success. So, lets get into it!

Video 156

Video Freight Trends Inventory Management 156

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

With regard to IoT, DB Schenker is equipping classic logistics infrastructure like freight containers, trucks, or department stores with sensor technology to systematically record all data points of a logistics shipment. One solution to this problem is centralized distribution and real-time inventory management. Supply Chain 4.0

Optimal Sourcing 246

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

QAD

NOVEMBER 17, 2022

Many rail freight providers started over the summer and early fall by moving priority freight such as chlorine and ethanol ahead of common freight, according to a report from CNBC. Inventory management. Management of customer delivery requirements and expectations. Temporary process changes.

Scenario Planning 96

Scenario Planning Supply Chain Planning Software Supply Chain Planning S&OP 96

The Logistics of Logistics

SEPTEMBER 22, 2021

Logistics services include: 3rd party logistics, 3PL, 4th party logistics, 4PL, Just-in-Time (JIT), Payment Auditing, Freight Auditing, Payment Processing, Freight brokerage, Freight broker, Digital Freight Brokerage.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Transportation Warehousing 130

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 93

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 93

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Inventory Management. Regardless of how efficient and effective, all supply chains carry inventory. RPA can automate this process by deploying a digital workforce to track inventory as it flows from each stage of your integrated supply chain. Freight Management. Contract Review.

Supply Chain Software 246

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

SCMDOJO

APRIL 15, 2024

With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems. To overcome this, Amazon has developed sophisticated inventory management systems that allow them to efficiently store and retrieve products from their fulfillment centers.

Logistics Network Optimization Software 82

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 82

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Herlitz Inventory Management

NOVEMBER 3, 2021

In September 2021, Associated Grocers of New England signed with Herlitz Inventory Management to improve upon its existing purchasing system and to further advance its goal of serving the needs of independent retail grocers of every store size and format. Carl Herlitz, President and CEO of Herlitz Inventory Management Inc.

Optimal Sourcing 52

Optimal Sourcing Inventory Management Software Procurement Solutions Purchasing Training 52

AIMMS

OCTOBER 17, 2023

Efficient inventory management Demand Forecasting: Use demand analytics to predict demand more accurately, thus reducing overstocking or stockouts. See how Tata iQ built an idle freight optimization model with AIMMS and integrated it with a 3D simulation model for loading.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

Herlitz Inventory Management

MAY 26, 2021

Introducing a new and improved Freight Module in HIMPACT that will help you overcome new and rising shipping challenges. Many distributors who have predominantly relied on prepaid freight from vendors are also increasing their use of carriers who charge freight simply to get more supply more often. This is the current reality.

Shipping 52

Shipping Forecasting Freight Network Optimization 52

OptiProERP

APRIL 25, 2023

This metric can help identify potential inventory shortages and improve inventory management processes. Inventory Accuracy The percentage of inventory accurately recorded in your inventory management system. Inventory Turnover The number of times inventory is sold and replaced over a given period.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Inventory Reduction Expense Reduction Manufacturing 52