ToolsGroup

NOVEMBER 23, 2021

7 practical strategies to minimize risk and manage supply chain shortages. Use analytics to put your available inventory to the best use. Chances are you do have some inventory–make sure it’s being put to the best use with automation and data analytics. Get your product portfolio in shape.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

Logistics Viewpoints

APRIL 10, 2024

A redundant supply chain has spare or backup capacity, such as inventory, equipment, facilities, and suppliers, that can be activated or mobilized in case of disruptions. The port closure disrupts the inbound and outbound flows of vehicles and parts, affecting the operations and sales of automakers, dealers, and suppliers.

Baltimore 250

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 250

Logistics Viewpoints

MARCH 27, 2023

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. This increases sales. forecasting product sales at 10,000 stores.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

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

Enterra Insights

FEBRUARY 29, 2024

Vigdis Hocken , Delivery Manager at Lyse Tele, and journalist Konstantin Bikos explain, “Leap years are years where an extra day is added to the end of the shortest month, February. Although one extra day may seem insignificant, it can be a real hurdle for those who manage inventory, shipping schedules, and supply chains.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning Agile and Lean Supply Chain 130

Logistics Viewpoints

JANUARY 11, 2024

Proprietary warehouse, transportation , and labor management systems bolted onto legacy ERP systems, all “enriched” with off-the-shelf and bespoke software solutions, are a recipe for disaster. Jeremy lives the core values and mission each day by bringing the best experience possible to our clients. The consequences can be serious.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Network Software Analytics Software Forecasting Software 228

ToolsGroup

APRIL 26, 2023

It also fully integrates JustEnough with the Inventory Hub® Dynamic Data Unification Platform. These product enhancements link perpetual inventory signals to critical merchandise planning modules. Connecting real-time inventory insights with merchandise planning applications enables truly dynamic retail planning. Version 2023.1

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Supply Chain Design Software Forecasting Software 156

OptiProERP

APRIL 9, 2024

Managing these processes requires meticulous tracking from quote-to-cash (QTC). Sales representatives or an automated system generates quotes based on product specifications, pricing, and terms. Order Management Once a quote is accepted, it transitions into an order. Below are some best practices to follow.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Logistics Viewpoints

SEPTEMBER 25, 2023

the supply chain realm, Oracle added some healthcare functionality that allows for using a mobile device to better track inventory statuses. In hospitals inventory tends to be stored in all sorts of nooks and crannies across the facility. This is a relatively minor piece of new functionality.

Supply Chain Software 218

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Vendor Strategies 218

Logility

NOVEMBER 28, 2023

Sales and operations planning (S&OP) has been a longstanding practice for businesses across nearly every industry. By moving beyond conventional, backward-looking methods, planning can forecast demand and inventory at the speed of the market. Demand and S&OP is not only about repeating history.

S&OP 130

S&OP Supply and Demand Supply Chain Planning Software Scenario Planning 130

Supply Chain Game Changer

MARCH 26, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Use ABC Analysis to Categorize Your Inventory. As sales increase, inventory will flow faster.

Inventory Management Software 124

Inventory Management Software Inventory Management Inventory Reduction Inventory 124

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Clear Spider

JULY 11, 2023

The right inventory management software will show you how to streamline fulfillment and, as a result, the shopping experience. That number tends to increase dramatically by mid-July, as consumers take advantage of Amazon Prime Day sales. Currently, at least 39% of all back-to-school sales are made online.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Expense Reduction Price Reduction 97

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. It can affect production, sales, turnaround time, customer satisfaction and even profitability. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Unleashed

APRIL 11, 2024

Consult with your business advisor for tips on solutions that will work best for you. Get tactical with your sales strategy. Inventory and marketing costs can be insidious parasites, gnawing at your margins. Conduct an ABC analysis to identify the best products to focus your marketing efforts on. Watch the cash flow.”

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

OptiProERP

SEPTEMBER 21, 2023

Inventory forecasting, or demand forecasting, estimates future inventory levels needed using past data, upcoming events, and market trends. Inventory forecasting ensures manufacturers have the proper inventory to meet customers’ needs while minimizing excess inventory costs.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 52

Unleashed

JANUARY 29, 2024

Stock-keeping-unit (SKU) rationalisation is an inventory management method for improving the performance and profitability of your business. This article looks at the SKU rationalisation process, how to utilise SKU rationalisation analysis for your business, and some essential best practices for implementing it.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Ware2Go

DECEMBER 2, 2021

These logistics best practices will help businesses of all sizes turn their supply chain into a revenue driver for their business. These five best practices are essential for merchants of all sizes to achieve flexibility and efficiency in their supply chain. Logistics Best Practice #2: Find an Asset-Light Solution.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Resource Reduction Inventory Reduction Expense Reduction 98

SCMDOJO

FEBRUARY 20, 2023

Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! Distribution Operations Definition Distribution Operations refers to the management and execution of the processes involved in delivering products or services to end users.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Precoro

JULY 16, 2023

Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost. 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

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

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.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

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

EMERGE App

DECEMBER 25, 2023

Enterprise Resource Planning is the strategic management of resources across an entire organization. So What are the problems of Enterprise Resource planning for managers? Each business is unique, and the specific challenges a manager faces will depend on the industry, size, and nature of the organization.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Procurement Solutions Supply Chain Design Software 52

EMERGE App

DECEMBER 25, 2023

Enterprise Resource Planning is the strategic management of resources across an entire organization. So What are the problems of Enterprise Resource planning for managers? Each business is unique, and the specific challenges a manager faces will depend on the industry, size, and nature of the organization.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Procurement Solutions Inventory Management 52

Clear Spider

APRIL 18, 2023

Green supply chain practices obviously offer environmental benefits, but these green initiatives have significant economic value as well. Read on to find practical solutions for a greener supply chain and a healthier bottom line. What is Green Supply Chain Management? Traditional supply chains are full of inefficiencies.

Supply Chain Design Software 96

Supply Chain Design Software Agile and Lean Supply Chain Material Savings Sustainability 96

SCMDOJO

APRIL 11, 2023

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. With the ever-evolving business landscape, staying current on the latest industry trends and best practices is crucial for your success. Rating: Not provided.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. It gives you the accurate data you need to make the best decisions for your brand, and positions you to meet customer expectations while reducing the cost of doing business. What is inventory tracking?

Inventory Management Software 52

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

BR Williams Supply Chain Management

NOVEMBER 23, 2020

If you want your facility operating at maximum capacity with low overhead, get ahead of the competition by staying on top of new warehouse management best practices and logistics best practices. It’s time to adopt a warehouse management system (WMS). Want maximum efficiency? Use Your Space Wisely.

Warehousing 98

Warehousing Inventory Reduction Waste Reduction Cost Reduction Strategies 98

Supply Chain Matters

MARCH 6, 2024

based retailers would provide the best indicators of retail industry customer fulfillment trends including various changing strategies in inventory management and customer fulfilment efforts, along with restoring higher profitability levels. However, underlying concerns linger regarding declines in retail sales growth.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 52

SCMDOJO

AUGUST 16, 2023

Focusing on Walmart’s exemplary supply chain practices, the purpose of this case study is to analyze the features of its successful integrated supply chain while identifying relevant issues in the context of the current globalized market.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

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

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? Who owns in-transit inventory?

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Supply Chain Planning Software 98

Unleashed

APRIL 18, 2023

Great inventory management comes down to good systems, good processes, and constant improvement. The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Supply Chain Game Changer

APRIL 27, 2022

Featuring Our 10 Best Inventory Management Articles! In this digital age, one of the best ways to earn money is to sell unique products online with the help of an eCommerce platform, such as Amazon, Alibaba, etc. In that case, you may consider automating your processes using the best eCommerce ERP.

Inventory Management Software 85

Inventory Management Software Inventory Reduction Inventory Management Inventory 85

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 105

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105