Logility

APRIL 26, 2021

Integrated business planning (IBP) is gaining traction as more companies look at refining their sales and operations planning (S&OP) process. Some refer to it as sales and operations planning (S&OP or SOP). Some call it ‘sales, inventory and operations planning’ (SIOP). Sales contributes to the demand p lan.

Scenario Planning 246

Scenario Planning Supply Chain Planning Software Supply Chain Planning S&OP 246

Logility

AUGUST 30, 2023

Limited Data Handling Capabilities Excel is a versatile tool for basic data management and analysis, but when it comes to handling vast amounts of complex supply chain data, it falls short. Supply chain planning involves numerous variables, such as demand forecasts, inventory levels, lead times, and production capacities.

Supply Chain Planning Software 130

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

SYSPRO Smarter ERP

FEBRUARY 22, 2024

An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors. As an added benefit, effective warehouse organization ensures pickers spend less time searching for items and make fewer mistakes. put annual warehouse turnover rates at 43 percent.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

ShipBob

JANUARY 29, 2024

Table of Contents ** Minutes What is order management? 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.

Inventory Management Software 98

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

Supply Chain Shaman

JANUARY 15, 2022

In the 1990s, I transitioned from managing an emerging supply chain organization at a mid-sized manufacturing company to working for a supply chain planning company. The bonus incentive programs of the sales teams in software sent my humble West Virginia country girl roots into overdrive. A Walk That I Often Remember. I listened.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Software Modeling 195

Logility

JUNE 4, 2021

How much time, effort, and estimation goes into figuring out how much product is available for your sales team to promise? Sales success relies on a seamless order process. If a company cannot provide real-time insights into its product inventory, there is a risk of orders being placed that cannot be fulfilled.

Sourcing Strategies 187

Sourcing Strategies Inventory Reduction Expense Reduction Optimal Sourcing 187

Supply Chain Shaman

JANUARY 15, 2022

In the 1990s, I transitioned from managing an emerging supply chain organization at a mid-sized manufacturing company to working for a supply chain planning company. The bonus incentive programs of the sales teams in software sent my humble West Virginia country girl roots into overdrive. A Walk That I Often Remember. I listened.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Software Modeling 195

Logility

AUGUST 4, 2023

This is especially true in supply chain planning & management platforms. At this point so early in a selection, the committee must begin to crystallize their desired outcomes, obstacles in the current state, measures of success, and readiness for organization change management. Common mistakes to avoid It’s easy to get overwhelmed.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Vendor Strategies 208

Logistics Viewpoints

AUGUST 22, 2022

billion in inventory “that if we could just wave a magic wand, we’d make it go away today,” said chief financial officer (CFO) John David Rainey. Walmart estimates that inventory is still 15% above optimal levels. We’ve also cancelled billions of dollars in orders to help align inventory levels with expected demand.”.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 191

The Logistics of Logistics

OCTOBER 21, 2020

Ephraim was given to opportunity to relaunch candy sales on Amazon and grew sales to over $1,000,000 per year. Tactical has a highly experienced management team with decades of collective experience in the logistics industry, and the latest technology necessary to streamline the process. Ephraim Ausch.

Warehousing 130

Warehousing New Jersey Supply Chain Design Software Logistics Network Optimization Software 130

6 River Systems

JULY 30, 2020

Managing warehouse inventory, on its face, seems a simple concept: Keep enough stock on hand to fulfill orders, but not so much stock that your warehouse is filled to the brim with inventory that won’t move for months (or years). How much does it cost to store and maintain slow-moving or stagnant inventory?

Inventory Management Software 101

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

Enterra Insights

APRIL 4, 2024

. … Whether these are items bought at brick-and-mortar stores or online, they end up in consumers’ homes, and need to find their way back into the supply chain — not just at minimal initial cost, but also in a way most likely to generate repeat sales. Or, to be more realistic, in a way that minimizes lost future sales.

Price Reduction 100

Price Reduction Supply Chain Strategy Cost Reduction Strategies Inventory Reduction 100

Logistics Viewpoints

MAY 17, 2021

Indirect sales, brand owner sales through sites like Walmart.com or Amazon, are an increasingly large portion of sales for many companies. In 2020, ecommerce sales accounted for 14 percent of total retail sales in the US. Improving sales also requires strong fulfillment performance.

Demand Planning Software 158

Demand Planning Software Modeling Forecasting Supply and Demand 158

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. Stephens explained.

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

Unleashed

APRIL 21, 2024

This means better customer satisfaction, a healthy brand reputation, and more sales. Order processing is the order management workflow associated with accepting, managing, and fulfilling customer orders. Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

ShipBob

APRIL 15, 2024

However, sales alone aren’t enough to grow your business – let alone keep it afloat. That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

OCTOBER 25, 2021

As supply chains scramble to keep up with the 32% net increase in the sale of products (physical goods), teams are reacting. Labor, once assumed as available and a cost to be managed, is now an Achilles heel in the supply chain. Container inventory is imbalanced. Build capabilities to manage planning master data.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Kinaxis

NOVEMBER 19, 2014

Reason #2 Poorly executed or non-existent sales and operations planning. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. It looks like the computer made a mistake…we don’t have any”. On Hand Inventory quantity/status. Bill of Material.

Supply Chain Planning Software 255

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Forecasting 255

Supply Chain Shaman

DECEMBER 17, 2019

As a result of the CFO’s agenda, the organization’s focus is usually on the management of enterprise data without an understanding of demand latency (time for consumption to translate into order-based replenishment). Common Mistakes. In the journey, companies make many mistakes. These throw the supply chain out of balance.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Supply Chain Strategy 209

The Logistics of Logistics

AUGUST 28, 2020

The customer’s transaction is processed via sales channels or online commerce platform that ecommerce companies use to run their business. For ecommerce, the sales channels include marketplaces like Amazon, eBay, Jett, or Walmart. Fulfillment centers typically used a warehouse management system (WMS) to manage orders.

Logistics Network Optimization Software 189

Logistics Network Optimization Software Warehousing Supply Chain Planning Software Alabama 189

RFgen

JUNE 16, 2023

The speed of your order management processes is crucial to both. If your order management procedures are subpar—or you’re still using manual processes—then improving order fulfillment speed is a matter of survival. That’s why efficient order management processing is essential for today’s distribution and warehouse operations.

Inventory Management Software 74

Inventory Management Software Supply Chain Software Inventory Reduction Inventory Management 74

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

Supply Chain Shaman

SEPTEMBER 13, 2021

Revenue Management and Demand Planning do not align on market potential or baseline demand. If I do an excellent job at safety stock management, my company will have the right levels of inventory. Fifty-six percent of manufacturing companies managed the first half of the pandemic well, while 44% struggled.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195

Ware2Go

FEBRUARY 24, 2022

However, most fast-growing brands have a great deal of strength in the areas of marketing, sales, and product development. . While inventory management expertise may seem like a nice-to-have for a fast-growing business, it can actually be the key to unlock growth potential and gain a competitive edge in a crowded market.

Inventory Management Software 98

Inventory Management Software Supply Chain Planning Software Demand Planning Software Analytics Software 98

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

Logility

MARCH 31, 2020

A consequence of long periods of economic growth, like the one we just had from June 2009 until March 2020, is that many members of the supply chain team have only experienced managing a supply chain during growth. The challenge for today’s supply chains is to not repeat the same mistakes made during the last recessionary period.

Supply Chain Planning Software 222

Supply Chain Planning Software Inventory Reduction Supply Chain Optimization Agile and Lean Supply Chain 222

Unleashed

NOVEMBER 23, 2023

Order management systems are software applications that automate your various order management processes. They enable you to manage your inventory , sales, and customer information in one place – saving time and making the business more efficient. What does an order management system do?

Inventory Management Software 52

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

BR Williams Supply Chain Management

MAY 24, 2021

With millions of products on the market, gaining customer loyalty requires ensuring that your product management and fulfillment processes run as smoothly as possible. You can’t achieve this efficiency when you’re constantly making mistakes in your workflow. Limit Infrastructure Constraints.

Inventory Reduction 98

Inventory Reduction Cost Reduction Strategies How To 3PL 98

Unleashed

MARCH 26, 2019

Inventory is the necessary part of any business and proper eCommerce inventory control is one of the essential components for business growth. A crucial element of this inventory control is ensuring consistency of stock across all sales channels. eCommerce inventory mistakes. Improper inventory tracking.

Inventory Reduction 66

Inventory Reduction Inventory Management Software Forecasting Software Demand Planning Software 66

ShipBob

SEPTEMBER 11, 2023

Having a single source of truth offers businesses an easy way to view how much inventory is coming in or going out, how many sales are being generated from each channel, and where any bottlenecks might be occurring. For example, let’s say you have one system tracking your online sales and another tracking retail sales.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Sourcing Strategies 52

EMERGE App

DECEMBER 6, 2023

Within the global supply chain, vendor-managed inventory (VMI) is becoming an essential service. That is why most retailers will opt for managed inventory to guarantee an increase in delivery rates. The vendors will manage materials and determine the order size. In return, this will improve inventory management.

Vendor Strategies 52

Vendor Strategies Inventory Management Software Inventory Reduction Forecasting Software 52

crisp

JUNE 29, 2022

Growing at such an impressive rate requires a killer game plan – and that’s where Senior Manager of Strategy and Planning Dan Capraun comes in. Dan’s job is to not only look at past performance, but to project future sales growth, supply chain requirements, and portfolio development, so NotCo is ready to meet every opportunity.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Data 98

ToolsGroup

APRIL 13, 2020

We have 135 restaurants, four distribution centers, and we also manage three manufacturing facilities, with more than 5,000 SKUs, and we deliver to each restaurant up to three times a week. If you do the math there, you have to make 748,000 inventory decisions per month. We had to close within one day.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Optimization 296

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

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74