AIMMS

JANUARY 20, 2021

Inventory management has always been challenging. Too often, inventory is viewed from an aggregate position, likely driven by finance, who are concerned about working capital implications. Inventory should act as a buffer to adsorb variability and decouple the demand from the supply side of our supply chains.

Supply Chain Optimization 358

Supply Chain Optimization Price Mitigation Strategies Inventory AIMMS 358

Supply Chain Shaman

DECEMBER 7, 2023

I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. Of the twenty companies interviewed, only one can answer the question, “Do you have a good inventory plan?” Improve cross-government data sharing and analyze resilience. The reason? My conclusion?

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Supply Chain Shaman

SEPTEMBER 10, 2023

These questions are top of mind as I wrap up a class of 154 individuals learning the principles of outside-in supply chain planning processes. My client, named Pete, worked for Kraft (now Mondelez). I worked for AMR Research (now Gartner). Was it a system issue or a process definition problem? The year was 2004.

Supply Chain Planning Software 251

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 251

Logistics Viewpoints

APRIL 5, 2023

ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations. The report identifies the leaders and highlights best practices. The report takes a holistic approach to what a digital transformation means. Let’s take a deeper look at a few technology areas.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Inventory Management Software 246

QAD

APRIL 23, 2024

An Introduction to How FTZ Software is Changing FTZ Management for the Better Foreign-Trade Zone (FTZ) management has a reputation for being complex, especially regarding inventory management. US Customs and Border Protection (CBP) requires precise inventory recordkeeping and control. That’s what we’ll be answering today.

Inventory Management Software 88

Inventory Management Software Analytics Software Optimization Software Supply Chain Software 88

Supply Chain Shaman

MAY 15, 2023

Note that the respondents in Figure 1, 50% see their supply chain as working well, 42% view it as resilient, and 45% see it as proactive, but only 31% feel that their supply chain is aligned. 56% of the respondents reported an active supplier development program. Mondays are my day to post my Shaman blog and compose a podcast.

Manufacturing Procurement 436

Manufacturing Procurement Optimal Sourcing Agile and Lean Supply Chain Supply Chain Planning 436

Supply Chain Shaman

JUNE 24, 2022

The future inventory fire sale. Traditional processes accelerate the bullwhip impact leaving leaders chained and forced into reactive behavior. This report takes me about six weeks to complete.). The metrics selection resulted from work with Arizona State University in 2013.) I often write my blogs in my head as I swim.

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 366

Logistics Viewpoints

FEBRUARY 14, 2024

A majority of organizations (62 percent) missed their 2023 business goals, and four in five organizations reported falling short of their competitors’ or peers’ performance (Figure 1). Logistics and inventory management rounds out the top four focus areas at 82 percent. This is an important time for the supply chain profession.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

Logility

AUGUST 31, 2023

This experience is not only frustrating industry executives – it’s compelling them to reassess their sales and operations planning (S&OP) process. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency. which helps us make smarter decisions with greater confidence.”

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Logistics Viewpoints

MAY 25, 2021

Potential employees want to make sure they work at an environmentally conscious supply chain technology provider. Potential employees want to make sure they work at an environmentally conscious supply chain technology provider. Working with a strong supply chain technology provider with a holistic digital operating platform is key.

Supply Chain Planning Software 321

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 321

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. Supply Chain Management and Maintaining Inventory.

Logistics Network Optimization Software 247

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

ToolsGroup

JUNE 15, 2023

The top issue we heard was ensuring resiliency in supply chains today, Decision Centric Planning, followed by the drive to accelerate digital transformation across supply chains, and then day 3’s keynote and a number of user-presented sessions focused on the people managing and the teams working in our supply chain. Look no further.

Gartner 293

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 293

RFgen

MARCH 27, 2024

For any business that handles materials or fixed assets, inventory control is central to operational efficiency and customer satisfaction. To manage inventory efficiently requires technology. However, efficiency and optimization only come from advanced inventory control software. It’s a delicate balancing act.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Resource Reduction Supply Chain Planning Software 75

Logistics Viewpoints

JANUARY 22, 2024

The US Department of Labor reports that 100,000 Uyghurs and other ethnic minority ex-detainees in China may be working in conditions of forced labor following detention in re-education camps. In the case of Vietnam, it was more likely that Vietnamese companies were making apparel with cotton grown or processed into fabric in Xinjiang.

Supply Chain Optimization 233

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 233

The Logistics of Logistics

FEBRUARY 11, 2022

Inventory Management vs. Warehouse Management. Original article: Inventory Management vs. Warehouse Management. That may be because a company might already have an inventory system and wonders what additional capabilities they will get with a new WMS. Inventory Management vs Warehouse Management: Main Differences.

Inventory Management Software 182

Inventory Management Software Inventory Management Warehousing Inventory 182

Synovos

MARCH 5, 2024

That, combined with slow adoption of process improvements, meant the rapid growth did not deliver the intended benefits of scale, at least initially. Despite seeing a double-digit percentage increase in sales, the company still had pressure to make the manufacturing process more efficient, without impacting costs.

Material Savings 98

Material Savings Inventory Reduction Cost Reduction Strategies Waste Reduction 98

Unleashed

FEBRUARY 29, 2024

Retail software automates critical business processes in a way that traditional systems cannot. Retail software, also called retail management software, refers to digital systems used by retail organisations to manage various business activities, including stock control, payment processing, customer management, and bookkeeping.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. It enables us to identify opportunities for more sustainable materials, processes, and practices, ultimately leading to more conscious consumption and production. What is the Life Cycle Inventory (LCI)?

Inventory Reduction 84

Inventory Reduction Analysis Material Savings Optimal Sourcing 84

Unleashed

APRIL 18, 2024

Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. Here’s how it works. This system requires accurate demand forecasting and involves receiving goods only as they are needed in the production process. What is just-in-time manufacturing?

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

ShipBob

JANUARY 29, 2024

Why your business needs accurate order management The order management cycle How to streamline order management with ShipBob ShipBob builds next-level order management processes Order management FAQs Once a customer clicks the “Buy” button, their order’s journey begins. What is order processing? No problem. What is order management?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 98

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Inventory Reduction Modeling 111

Supply Chain Game Changer

AUGUST 16, 2022

In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. On top of the annual inventory count there were ongoing manual cycle counts throughout the entire year. An Inventory Control History.

Inventory Reduction 124

Inventory Reduction Inventory Waste Reduction Resource Reduction 124

Silvon Software

APRIL 1, 2024

Business strategy solution jigsaw puzzle Today’s business applications are capturing, processing, and storing unprecedented volumes of data. Unlocking actionable insights crucial for staying ahead of competitors typically involves intricate processes overseen by IT departments.

Procurement Analytics 58

Procurement Analytics Analytics Software Predictive Analytics Analytics 58

BlueYonder

SEPTEMBER 7, 2023

In my 30+ years working in retail I often said, “Retail, you’ve got to love it…especially if you are going to make a career of it.” In every role inventory availability and protecting the company’s assets was always critical. In every role inventory availability and protecting the company’s assets was always critical.

Retail 109

Retail Inventory Reduction Real-time Visibility Supply Chain Design Software 109

SYSPRO Smarter ERP

APRIL 26, 2023

It unifies people and business processes to improve daily operations. It also provides insights into how assets of the business, such as inventory, are being used. If departments work in silos, this can significantly limit how well the business operates and the ability to use information to make smart decisions.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Optimization Software 98

Unleashed

MARCH 5, 2024

eCommerce automation helps businesses maximise productivity by optimising daily processes such as inventory management , fulfilment, and customer service. But what does eCommerce automation look like, and how does it work? Finally, eCommerce automation makes it easier to work with your suppliers.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52

Clear Spider

MARCH 21, 2024

AI inventory solutions create more powerful and adaptive supply chains. One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management. AI makes use of the endless stream of data collected through inventory management devices and cloud-based applications.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

My Office Apps

JANUARY 16, 2024

Real-Time Analytics and Reporting: Offers advanced analytics for real-time insights, empowering decision-makers with data-driven choices. Operational Excellence with Cloud-Based ERP Procurement Management Efficiently manage your procurement processes with ERP. Inventory Control Effectively manage inventory with ERP.

Optimal Sourcing 86

Optimal Sourcing Eliminating Excel in Purchasing Manufacturing Procurement Procurement Analytics 86

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. But how exactly can businesses achieve this level of efficiency?

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

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

Precoro

JULY 16, 2023

At the heart of the whole process is the purchasing manager – a supply chain and logistics professional who works to secure the required materials, goods, and services necessary for running the business. The purchasing department plays a critical role in the success of an organization.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Unleashed

APRIL 11, 2024

The Guardian reports that the Victoria Unboxed project will hope to eliminate invisible waste from supply chains by replacing cardboard produce boxes with reusable plastic crates. The latest ISM Manufacturing PMI report registered an unexpectedly high 50.3% We have recently become B Corp certified after an 18-month audit process.

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

Synovos

OCTOBER 30, 2023

In one case, a long-time packaging manufacturer changed its reporting structure, putting in place a new manager responsible for the MRO supply chain. Their initial reaction to learning that a third-party MRO integrator was managing the process was to propose a return to in-house management of their MRO storerooms.

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

BlueYonder

DECEMBER 7, 2023

But the truth is, using a traditional, monolithic ERP to manage inventory and order management for omni-channel and e-commerce is more difficult than your ERP salesperson may have led you to believe. Nothing ever works quite like it should. The result? That said, throwing the baby out with the bathwater isn’t ideal either. Here’s why.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimization Software Forecasting Software Demand Planning Software 85

SYSPRO Smarter ERP

JUNE 6, 2022

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. There are ways to manage a supply chain amid disruptions but they require changes in the way the business works.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

BlueYonder

APRIL 9, 2024

The success of Carlsberg’s overall sustainability strategy will largely be driven by optimizing this transportation process. They come from colleagues and employees who also want to work for forward-thinking, caring organizations. Spanning 140 brands, 40,000 employees, 150 global markets, and 12.5 The former deadline isn’t far away.

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100