Silvon Software

APRIL 29, 2022

Organizations looking to use less capital while maintaining a saleable inventory employ optimization best practices to balance their investment constraints against their business objectives and stock-keeping unit (SKU) fulfillment targets. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106

Unleashed

JUNE 13, 2023

When calculating inventory costs, not all stock is alike. Knowing the different types of inventory and how they impact your costs is key to accurate stock control and best-practice accounting. Inventory is most commonly defined as the goods and raw materials used or produced by a business to create a saleable product.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Manufacturing Procurement 52

Unleashed

JUNE 13, 2023

When calculating inventory costs, not all stock is alike. Knowing the different types of inventory and how they impact your costs is key to accurate stock control and best-practice accounting. Inventory is most commonly defined as the goods and raw materials used or produced by a business to create a saleable product.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Manufacturing Procurement 52

SCMDOJO

OCTOBER 7, 2022

Logistics allows businesses to perform value-added services and deliver valuable products to the end consumer. Whether it be retailers, wholesalers, e-commerce, or SMEs, every player in the market requires Logistics, whether private, semi-private, or public. Attribute 5 – Safety related Logistics KPIs. Conclusion.

Optimal Sourcing 109

Optimal Sourcing Logistics Network Optimization Software Logistics Supply Chain Design Software 109

Logility

APRIL 5, 2016

Demands on the supply chain have changed significantly over the years for wholesale distributors and those that are embracing the changes are seeing improved service levels and profitability. Q: How is forecast accuracy calculated at Ferguson? You can watch the full webcast on-demand at: [link]. Creativity.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 100

EazyStock

AUGUST 9, 2022

When the cost of raw materials and finished goods starts to soar, it’s critical for wholesalers and distributors to control their operational costs to remain competitive and achieve decent profit margins. Finding optimal healthy stock levels isn’t easy. The importance of distribution software. Distribution software benefits.

Supply Chain Planning Software 52

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

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. According to Zebra’s Retail Vision Study , reducing stock-outs and overstocks can lower inventory costs by 10%.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Logistics Bureau

OCTOBER 10, 2022

Stock-outs, availability issues, and SLOBs impacting service performance? Better still, through our inventory diagnostics service, we can do so 100% remotely, with minimal disruption to your business. The higher you set the bar for service, the more stock you must keep to ensure availability. Inventory costs too high?

Modeling 95

Modeling Inventory Reduction Network Optimization Supply Chain Optimization 95

EazyStock

MARCH 1, 2023

Suppliers might need to set up a production run that will produce a certain quantity, so they don’t want to have waste or costly extra stock that they can’t sell. MOQs vary depending on product, supplier and industry, but they are common in manufacturing and wholesale businesses.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Demand Planning Software Forecasting Software 52

EazyStock

FEBRUARY 1, 2021

With this global movement comes a wealth of opportunities for businesses, both large and small, to expand their reach and target new customers. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. Here’s how eCommerce businesses can improve their inventory management.

Inventory Management Software 52

Inventory Management Software Modeling Optimization Software Inventory Management 52

Unleashed

JUNE 7, 2023

It allows businesses to sustainably control stock and sell products despite shifts in customer demand or unexpected supply issues. It’s about ensuring there is always sufficient inventory available to meet customer demand while also retaining enough capital to keep the business efficiently operating and growing.

Inventory Management Software 52

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

Unleashed

SEPTEMBER 20, 2023

MOQ, or minimum order quantity, is the smallest amount of goods a business is willing to sell to a customer while maintaining revenue efficiencies and cost margins. This article explores what MOQ means, how to calculate the optimal MOQ for your products, and why it matters in different contexts. What does MOQ mean?

Manufacturing Procurement 52

Manufacturing Procurement Negotiating Skills Optimal Sourcing Purchasing Skills 52

EazyStock

NOVEMBER 19, 2020

Stock replenishment is an important aspect of inventory management, as it ensures the right stock items are being reordered to meet customer demand. Stock (or inventory) replenishment is the process of moving items along the supply chain so they are ready to be picked and shipped, thus fulfilling orders on time.

Optimal Sourcing 98

Optimal Sourcing Negotiating Skills Inventory Reduction Purchasing Skills 98

RFgen

MARCH 20, 2023

By harnessing the power of purchasing, manufacturers, wholesalers, and distributors can achieve better inventory control and optimal stock levels in their organization. In fact, 44% of Digital Inventory Report respondents cite over or understocking of inventory as a critical business challenge.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 52

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. The resulting plan should maintain adequate safety stock levels for each purchased item while reducing inventory costs.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

ToolsGroup

DECEMBER 20, 2016

Microsoft Dynamics AX is a powerful mid-market ERP platform with the capacity for medium-size companies to expand and transform their businesses. Expanding your business creates increasingly complex demand forecasting and you are challenged to service an e xtended product line and customer base. Happy holidays!

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Planning Scenario Planning Forecasting Software 120

EazyStock

FEBRUARY 17, 2021

Inventory replenishment is the process of moving stock items along the supply chain to ensure inventory levels are sufficient to cover demand. Any business that carries inventory needs to avoid stockouts and back orders. However, businesses are also acutely aware that holding inventory costs money. Maintaining safety stock.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 75

Unleashed

AUGUST 16, 2023

A backorder presents an opportunity for businesses to continue to make sales on products that are temporarily out of stock. Putting an item on backorder reserves future stock for a specific customer. A backorder occurs when a customer places an order for a product that is currently out of stock or unavailable.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

EazyStock

MAY 20, 2020

For many businesses the spread of Coronavirus has acted as a catalyst and accelerator to digitalization. Manufacturers, suppliers and wholesalers across the US have been forced to adopt new ways of working with social distancing closing offices and reducing operational capacity. Why COVID-19 is Driving Supply Chain Digitalization.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Forecasting Software Agile and Lean Supply Chain 52

Herlitz Inventory Management

MARCH 18, 2019

By using a solution that optimizes hub and spoke purchasing, buyers don’t have to remember or calculate how much extra inventory they need to buy at different levels of the supply chain. Many retail and wholesale solution providers offer some type of Hub & Spoke functionality. The hub and spoke method provides several benefits.

Modeling 40

Modeling Optimization Modeling Modeling Software Vendor Strategies 40

EMERGE App

AUGUST 22, 2019

Rather, it’s a carefully curated list of inventory management techniques that work for our wholesale and distribution customers around the world. You can actually use in your business. And purchasing inventory means that you’re tying up a valuable and finite resource — working capital — in your stock.

Inventory Management Software 66

Inventory Management Software Inventory Management Inventory Reduction Inventory 66

Unleashed

APRIL 12, 2023

For wholesalers and manufacturers, the sheer size of customer orders can make B2B fulfillment a serious challenge: Product volumes directly impact storage and management costs, and increase the damage done whenever mistakes are made. Unlike B2C (business-to-consumer) order fulfillment, B2B fulfillment often deals with bulk orders.

Supply Chain Planning Software 52

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

EMERGE App

MAY 28, 2019

As every wholesaler, distributor and trader can tell you, holding a physical stock is a major bugbear of their business model. Unlike Software as a Service providers such as EMERGE App, traditional businesses need to purchase and store stock before they can sell them, hopefully, for a profit. Apply FIFO Principle.

Inventory Reduction 45

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 45

ShipBob

NOVEMBER 15, 2021

No army should go into battle without a plan for attack; similarly, no ecommerce merchant should go into business without a plan for handling their logistics. Without logistics planning, business owners risk expensive surprises, inefficiencies, and the inability to scale their business effectively — especially when hard times hit.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

ShipBob

SEPTEMBER 3, 2021

Technology provides business owners and logistics managers the ability to oversee operations without needing to involved in the day to day, so they can track performance and make improvements to their ecommerce supply chain. . “One Being able to monitor which styles are selling quickly helps us always keep our best sellers in stock.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Inventory Management Software 97

Unleashed

MARCH 5, 2020

The challenge of controlling inventory costs is a universal one for manufacturers, wholesalers and retailers alike. Inventory stock often accounts for a large portion of a business’s current assets and the cost of maintaining inventory is expensive. Inventory costs. The three types of inventory costs are: Ordering costs.

Inventory Reduction 89

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 89

EMERGE App

AUGUST 5, 2018

Inventory management, in a nutshell, describes your efforts to manage, assess and report on the flow of your stock of goods. Nowadays it refers to inventory management software because computational power is needed to effortlessly calculate, for example, landed costs for purchases and CBM for your packing lists. All this made Dan itch.

Inventory Management Software 45

Inventory Management Software Inventory Management Inventory Reduction Inventory 45

BlueYonder

JANUARY 6, 2016

Yet it appears that in most of the world wholesalers and manufacturers still create their own forecast and pay scant attention to any forecasts they get from retailers. One principal of Flowcasting is don’t forecast what the system can calculate. Flowcasting reduces bias.

Supply Chain Planning Software 40

Supply Chain Planning Software Forecasting Software Forecasting Supply Chain Software 40

6 River Systems

JULY 3, 2020

To learn more about the most important first steps when designing a warehouse layout, we reached out to a panel of warehouse professionals and business leaders and asked them to answer this question: “What’s the single most important first step when designing a warehouse layout?”

Supply Chain Design Software 52

Supply Chain Design Software Warehousing Supply Chain Design Supply Chain Planning Software 52

EMERGE App

MAY 24, 2020

As a small business owner of a wholesale or distribution business , there are so many metrics that you can apply to your business to assess your relative performance. We’ll cover what this term means and why it matters to your business. Then we’ll see how you can calculate it. Quick Links.

Procurement Analytics 52

Procurement Analytics Inventory Management Software Sourcing Strategies Purchasing Skills 52

EMERGE App

OCTOBER 1, 2018

As a small business owner of a wholesale or distribution business , there are so many metrics that you can apply to your business to assess your relative performance. We’ll cover what this term means and why it matters to your business. Then we’ll see how you can calculate it. Introduction.

Procurement Analytics 74

Procurement Analytics Inventory Management Software Sourcing Strategies Purchasing Skills 74

Unleashed

SEPTEMBER 30, 2020

Then cover: Brewery profit margins and how to calculate them. profit margin for liquor wholesalers. Liquor wholesalers buy beer, wine, spirits and other alcoholic drinks from manufacturers, and sell them to pubs, bars, supermarkets and other liquor retailers. profit margin for wholesalers. Tracking brewery costs.

Price Reduction 104

Price Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 104

EMERGE App

DECEMBER 31, 2018

Well, today is the day to take stock of what you did right , and what went wrong , in 2018. Here’s our checklist of what your wholesale or distribution business should do in 2019. Are you still using paper-and-pencil records or spreadsheets to run your wholesale and distribution business? Use and embrace it.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

Logistics Bureau

MAY 9, 2016

Negative working capital was part of initial business model for the UK wine shop chain Oddbins. The short term crises they face can then turn into longer term crises for the large companies if their smaller suppliers start to go out of business. Calculating working capital as assets minus liabilities is straightforward enough.

Material Savings 40

Material Savings Inventory Reduction Cost Reduction Strategies Price Reduction 40

6 River Systems

APRIL 23, 2019

Alexandra Zelenko is a Marketing and Technical Writer at DDI Development company that delivers web and mobile digital solutions for a wide range of business expertise, such as recruitment, fintech, CRM, e-learning, logistics, etc. They have many benefits, including increased efficiency and safety mechanisms, but they cost a lot.

Warehousing 97

Warehousing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 97

RELEX Solutions

NOVEMBER 23, 2016

Case Galexis: Automation for low stock and high availability. Galexis is a Swiss pharmaceutical wholesale dealer with a huge assortment of more than 100,000 products. Planners had to personally confirm every article – which took a great deal of time given the huge number of products and high stock levels. Introduction.

Case Study 31

Case Study Forecasting Software Optimization Software Demand Planning Software 31

EMERGE App

MARCH 3, 2019

The production of physical products is still one area of business that’s relatively untouched by the march to digitalization and working in the cloud. He works alone in a single room and knows his stock of sunglass parts in a glance. You need to stock large quantities of parts in multiple bins. Introduction.

Manufacturing Procurement 75

Manufacturing Procurement Material Savings Manufacturing Purchasing Skills 75