Logistics Viewpoints

APRIL 10, 2023

Franklin Sports needed to protect sales in this category by improving their pickleball supply chain. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. They also ship to Amazon to support ecommerce sales. Jennings’ name.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

Logility

JULY 5, 2023

What is Generative AI? By analyzing past sales data, social media sentiment, and economic indicators, the enhanced machine learning model forecasts the demand with a significantly higher precision. This leads to optimized inventory levels, reduced stockouts, and enhanced customer satisfaction.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Modeling Scenario Planning 191

Logistics Viewpoints

JUNE 13, 2022

billion in sales in their last fiscal year. The giant retailer was contemplating a full rip and replace of their legacy distributed order management solution – the key solution that supports omnichannel order fulfillment. What was needed was better available to promise capabilities. Isn’t there a better way? They generated $132.5

Supply Chain Planning Software 301

Supply Chain Planning Software Forecasting Software Demand Planning Software Puerto Rico 301

Logility

JUNE 23, 2023

That’s precisely what demand forecasting feels like for many businesses today. It’s not just about what happened in the past but also includes current factors like market trends, promotions, and even the weather. What is Causal Forecasting? Let’s consider a simple example—daily sales of ice cream.

Forecasting 192

Forecasting Forecasting Software Modeling Predictive Analytics Software 192

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

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 5, 2024

Uber Freight is a major provider of managed transportation services. The visibility solution must be built in such a way that it can download order quantity and inventory data from a customer’s systems. The visibility solution must be built in such a way that it can download order quantity and inventory data from a customer’s systems.

Shipping 243

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 243

Logistics Viewpoints

DECEMBER 15, 2022

What is Cluster Analysis? This blog will review how category managers and supply planners can use cluster analysis to make smarter decisions and grow sales. Let’s look at the four most common ways cluster analysis is used for category management and supply chain planning decisions. The retail industry is rich with data.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

BlueYonder

JANUARY 23, 2024

For retailers, while an extra day of sales is never a bad thing, it does throw up a few unique challenges. Inventory management: Adjust inventory levels to account for the extra day, ensuring you have enough stock for potential increased demand but avoiding overstocking and potential losses. Leap Day, Feb.

Retail 105

Retail Supply Chain Planning Software Inventory Management Software Demand Planning Software 105

ShipBob

OCTOBER 16, 2023

Table of Contents ** Minutes What is a reorder point (ROP)? What is the reorder point formula? How to calculate reorder points ShipBob keeps reorder points simple Reorder point formula FAQs Maintaining proper inventory levels is an elegant dance that must balance consumer demand and supplier reliability.

Forecasting Software 98

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

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 21, 2024

Order processing is what happens behind the scenes when a customer places an order. This means better customer satisfaction, a healthy brand reputation, and more sales. This means better customer satisfaction, a healthy brand reputation, and more sales. What is order processing?

Inventory Management Software 52

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

ThroughPut

MARCH 25, 2024

In supply chain management, accurately distinguishing between demand planning and demand forecasting is essential yet challenging. These processes are foundational for strategic supply chain management but serve distinct functions. What is Demand Forecasting? What is Demand Planning?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? But how exactly can businesses achieve this level of efficiency? on our SCMDOJO YouTube Channel!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

BlueYonder

JANUARY 22, 2024

Recently, Blue Yonder released the findings of its survey of wholesale distribution executives 1 , which focused on their order management challenges, goals and forward-looking plans. But today’s omni-channel sales environment has created even bigger challenges. Why did we conduct this study?

Distribution 89

Distribution Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 89

Clear Spider

JULY 11, 2023

The right inventory management software will show you how to streamline fulfillment and, as a result, the shopping experience. Show me what my supply chain is missing! That number tends to increase dramatically by mid-July, as consumers take advantage of Amazon Prime Day sales. What’s Trending? Talk to an Expert!

Inventory Reduction 97

Inventory Reduction Vendor Strategies Expense Reduction Price Reduction 97

My Office Apps

JANUARY 22, 2024

Out with the Old, In with the Efficiency: Choose the Right Inventory Management Software for a Profitable New Year As the confetti settles and resolutions take flight, it’s the perfect time to give your business a refresh. But navigating the vast options of Inventory Management Software (IMS) can feel daunting.

Inventory Management Software 84

Inventory Management Software Optimization Software Forecasting Software Supply Chain Planning Software 84

Unleashed

FEBRUARY 29, 2024

What is retail software? 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. There are many types of retail software, as we’ll soon cover.

Prescriptive Analytics Software 52

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

SYSPRO Smarter ERP

MAY 10, 2022

There has to be tight control over inventory, and production planning and scheduling need to ensure product delivery. In addition, demand forecasting has to be accurate and costs have to be managed. Since sales is a strong driver of success, there should integration between sales and production planning.

Manufacturing Procurement 111

Manufacturing Procurement Procurement Solutions Optimal Sourcing Inventory Management Software 111

Unleashed

APRIL 11, 2024

Get tactical with your sales strategy. Inventory and marketing costs can be insidious parasites, gnawing at your margins. If dead stock is consuming vital inventory space in your warehouse try bundling your slowest-moving items with best-sellers. When sales increase, so do your costs (in most cases). Watch the cash flow.”

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. With a simple calculation, you can understand what it costs to store and maintain goods. What is inventory carrying cost?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. Due to its size, Kroger typically manages its distribution network in-house. What you will learn in this guide What is 84.51° good at?

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

OptiProERP

APRIL 9, 2024

Managing these processes requires meticulous tracking from quote-to-cash (QTC). What is Quote-to-Cash? 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.

Optimal Sourcing 52

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

QAD

MARCH 13, 2024

However, there are other actors such as sales / commercial managers – among others – who come into action as well. This includes understanding customer demand, sales forecasting and other strategic planning decisions. But, what is the exact role of sales/commercial managers and where do they step in?

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

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

QAD

MARCH 6, 2024

So far, we’ve explored what Demand Planning is, delved into its key features, and reviewed the functions and duties to this process. What should the role of demand planners in demand planning play within your supply chain? What Should Their Duties Include? Below you will find some more detail on each one of them.

Supply and Demand 52

Supply and Demand Modeling Forecasting Sourcing Strategies 52

SYSPRO Smarter ERP

JANUARY 22, 2024

Material Requirements Planning for a modern manufacturing environment Material Requirements Planning (MRP) is software that helps companies estimate the required quantities of raw materials, maintain inventory levels, and ensure manufacturing has all the items needed to make products to satisfy demand.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Solutions Manufacturing 52

BlueYonder

NOVEMBER 3, 2023

Julie Hunt (VP of Sales) and I had the recent privilege of attending this year’s version in Washington, D.C., It is an intimate gathering that allows for open conversation about what keeps them up at night and what are the future needs of their organization. in October. They need to love coming to work.

Washington 89

Washington Retail Inventory Management Supply Chain Optimization 89

QAD

AUGUST 29, 2023

However, to achieve an accurate and effective digital supply chain forecasting process, it is essential to collaborate with both sales teams and suppliers. However, to achieve an accurate and effective digital supply chain forecasting process, it is essential to collaborate with both sales teams and suppliers.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Forecasting Software Forecasting 95

ShipBob

DECEMBER 13, 2023

The success of any ecommerce business depends greatly on how it manages its inventory health. Now, for some, inventory health may not be an immediate concern. You might say, “I’ll just order plenty of inventory and wait until it sells out.” What is inventory health?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? What causes inventory glut? The result?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Unleashed

MAY 15, 2023

From targeted email campaigns to inventory management integrations, we’ll outline how you can develop strong B2B CRM strategies to improve business performance and achieve predictable growth. Looking for a complete CRM + inventory management solution? What is a B2B CRM? What is a B2B CRM strategy?

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

Unleashed

JANUARY 29, 2024

Stock-keeping-unit (SKU) rationalisation is an inventory management method for improving the performance and profitability of your business. What is SKU rationalisation? This means that SKU rationalisation can help a business save on costs, increase sales, and enhance customer satisfaction.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Precoro

SEPTEMBER 4, 2023

By learning how to calculate it and change it to their advantage, companies can accelerate cash inflow and free up money that would otherwise be tied up in inventory. By learning how to calculate it and change it to their advantage, companies can accelerate cash inflow and free up money that would otherwise be tied up in inventory.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Unleashed

APRIL 18, 2024

Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. What is just-in-time manufacturing? The just-in-time approach contrasts with just-in-case strategies, where producers hold sufficient inventories to absorb maximum market demand.

Just-in-Time 52

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