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

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. 5 Challenges Facing Supply Chain Managers in Manufacturing.

Logistics Network Optimization Software 247

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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. This is where your inventory management software comes into the picture and will invariably make life so much easier and more organised.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

GlobalTranz

NOVEMBER 20, 2018

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. This is where the major problem lies. GET YOUR COPY HERE.

Inventory Management Software 121

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 121

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

The Logistics of Logistics

JUNE 17, 2022

Jeff Flowers and Joe Lynch discuss why inventory is everything. Key Takeaways: Inventory is Everything. In the podcast interview, Jeff explains the importance of effective inventory management to supply chains. Inventory placement and excess inventory are big problems that omni-channel retailers face.

Inventory Reduction 173

Inventory Reduction Optimal Sourcing Inventory Logistics Network Optimization Software 173

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

Talking Logistics

SEPTEMBER 27, 2023

This includes implementing Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Demand Planning, Inventory Management, Transportation Management, and Warehouse Management applications. After capturing many of.

Case Study 266

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Intelligent Audit

JULY 27, 2021

Supply and demand are two sides of the same coin, the vital coin of inventory management supply chain analytics. Without adequate inventory and supply to go along with capacity and demand, supply chain management will struggle to keep pace during peak seasons.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

Logistics Viewpoints

JANUARY 11, 2023

Unlike some of the other trends articles we have covered at Logistics Viewpoints, which take a deeper dive into technology and application specific trends, this article looked at the top trends executives need to be paying attention to before their strategic planning meetings commence. Top Five Transportation Trends ; Chris Cunnane.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

Logistics Viewpoints

JANUARY 21, 2021

Large swings in supply and demand for different product categories and changes in distribution patterns left logistics managers grappling with the biggest challenge of their careers. Challenges that were made all the more difficult by one of the most basic yet complex questions in logistics, “How long will it take to get there?”

Predictive Analytics Software 345

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Enterra Insights

JUNE 28, 2023

The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] These advancements demonstrate how logistics connect the world — and always have.”[2]

Logistics Network Optimization Software 130

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

GlobalTranz

AUGUST 28, 2018

On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. How sound inventory management improves the supply chain, and what are the adverse impacts to the supply chain due to poor inventory management.

Inventory Management Software 122

Inventory Management Software Optimization Software Supply Chain Software Logistics Network Optimization Software 122

Stord

APRIL 24, 2024

Love it or fear it, Artificial Intelligence appears to be the new normal in everything, including supply chain and logistics operations. From improved customer experience to greater inventory planning and forecasting, AI promises to make all of our lives easier and reduce those all-too-common supply chain headaches.

Supply Chain Planning Software 88

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Predictive Analytics Software 88

20Cube Logistics

JANUARY 31, 2021

People in the logistics business will surely be familiar with the term ‘Cross Docking’. The name, Cross – Docking, easily explains the process wherein the products are received via inbound dock and then it’s immediately transferred from across the dock to the outbound transportation dock. How does it work? Let’s understand the process.

Inventory Management 52

Inventory Management Inventory Reduction Material Savings Inventory 52

Logistics Viewpoints

FEBRUARY 3, 2022

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

Inventory Reduction 290

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 290

SCMDOJO

APRIL 15, 2024

The inner workings of logistics at Amazon are a marvel of efficiency, precision, and constant innovation. We’ll explore their logistics empire, from warehouse robots to futuristic visions, and discover how they manage millions of packages daily. Ever wonder how Amazon gets your package to your door so quickly?

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Roambee

AUGUST 6, 2020

A pharma giant recently overcame its supply chain security and inventory management challenges and optimized their logistics using the power of real-time logistics visibility. This article aims to highlight the importance of a battle-tested pharma inventory management system.

Pharmaceutical 52

Pharmaceutical Inventory Management Software Inventory Management Real-time Visibility 52

Logistics Viewpoints

JANUARY 18, 2024

This ensures the secure, high-capacity, and bi-directional transfer of essential information such as master data on products, customers, production-distribution infrastructure, transactional data on sales, inventory status and position, transportation execution data, external data e.g. competitor pricing, weather, recommendations, action triggers.

Supply Chain Software 247

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 247

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

The Logistics of Logistics

OCTOBER 26, 2020

3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena. Robert Cadena and Joe Lynch provide an introduction to 3rd party logistics. 3rd party logistics services include 5 major categories: 1.) Transportation 2.) Logistics 4.) based transportation and logistics providers. Warehousing 3.)

Logistics Network Optimization Software 244

Logistics Network Optimization Software 3PL Agile and Lean Supply Chain Colombia 244

Logility

AUGUST 31, 2022

It’s a complex problem, but you can successfully optimize inventory levels with the right approach and technology. With all of today’s supply chain disruptions, and new ones no doubt lurking around the corner, companies without optimized inventory are risking overpaying and underperforming. Inventory Optimization Challenges.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Disruption Optimal Sourcing Inventory Reduction 130

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

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

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Clear Spider

MARCH 21, 2024

AI inventory solutions create more powerful and adaptive supply chains. Supply chain managers need to be able to cut through the noise of massive amounts of data with a powerful tool. One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management.

Inventory Reduction 52

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

SCMDOJO

APRIL 9, 2024

The term “logistics” may be relatively new, but its general principles date back to ancient civilizations. The early Mesopotamians, Egyptians, Greeks, and Romans pioneered the principles of logistics and designed trade routes to facilitate their connections with other nations.

Supply Chain Design Software 76

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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

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 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Veridian Solutions

JANUARY 27, 2020

Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Use ABC Analysis to Categorize Your Inventory. The use of ABC analysis to categorize inventory is not a new concept. The next step is simple.

Inventory Management Software 58

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 58

Supply Chain Matters

DECEMBER 6, 2023

Logistics Managers Index (LMI) that declined to contractionary level and reflecting rather noteworthy trending. The report authors indicated that this decline was the largest since the start of the ongoing logistics industry downturn that that occurred in April 2022. and Transportation Capacity (+5.2)

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trends Logistics Scenario Planning 52

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. What is inventory tracking? It helps to reduce inventory shrinkage and loss.

Inventory Management Software 52

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

The Logistics of Logistics

NOVEMBER 15, 2021

3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena. Robert Cadena and Joe Lynch provide an introduction to 3rd party logistics. 3rd party logistics services include 5 major categories: 1.) Transportation 2.) Logistics 4.) based transportation and logistics providers. Warehousing 3.)

Logistics Network Optimization Software 130

Logistics Network Optimization Software 3PL Agile and Lean Supply Chain Supply Chain Planning Software 130

BlueYonder

JUNE 16, 2022

As many countries around the world enforce economic sanctions against Russia, global logistics networks are struggling to isolate Russian products while still ensuring inventory availability. But, as the conflict approaches the four-month mark, the impacts are spreading and intensifying.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 52

Veridian Solutions

MAY 28, 2019

Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net , the costliest problem is due in large part to poor inventory visibility and planning. What Are the Most Common Inventory Management Mistakes?

Inventory Management Software 66

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 66

GlobalTranz

JUNE 22, 2020

Unlocking cost reductions in logistics implies a direct need to improve warehouse and facility inbound logistics and outbound order fulfillment. Unfortunately, inventory control remains at the fringe of proactive logistics management. However, the integration of last mile logistics, also known as.read More.

Inventory Reduction 246

Inventory Reduction Inventory Management Cost Reduction Strategies Inventory 246