Elementum

OCTOBER 17, 2018

e-commerce market has nearly doubled in size since 2011, and is forecast to grow to $737B by 2022. As recent losses by H&M and other major brands illustrate, poor inventory management can be a major cause of financial distress. There are a few solutions for the problem of inventory management in the omnichannel era.

Inventory Reduction 68

Inventory Reduction Cost Reduction Strategies Inventory Management Software Inventory Management 68

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? At that point, each SKU will be taken to any convenient storage location in the warehouse.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 75

GlobalTranz

SEPTEMBER 17, 2018

According to Eric Rice of Supply Chain 24/7, e-commerce growth in 2017 grew faster than it has since 2011. Minor improvements in the warehouse management system can help fulfill more orders, but the entire process will fail without a focus on the transportation strategy. E-commerce growth has become part of the record books.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies Expense Reduction 201

The Logistics & Supply Chain Management Society

JULY 23, 2020

Just six years later, when the Japanese earthquake and tsunami of 2011 struck, Cisco was well prepared. Develop methodologies to measure risk for each supply chain node, warehouse, factory, supplier, geography, or transportation node. Partner across the ecosystem to get consistent visibility through third-party data feeds.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Supply Chain Shaman

JANUARY 18, 2016

When we do these types of analysis, we look back at the data as far as we can reach (Y chart data is available only back to 2006 in a reliable form) and then we look at the period of 2006-2014 and the more recent period of 2011-2014. In parallel, take a closer look at inventory turns where only pharmaceutical companies made slight progress.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Logistics Network Optimization Software 150

GlobalTranz

AUGUST 17, 2016

billion tons of oil in 2011, worth approximately $743 billion. Additionally, the use of remote-piloted drones may allow for more direct, manufacturer-to-consumer deliveries, eliminating the need to shuffle product around multiple times to various warehouses and distribution centers. Using IoT Tech to Make us More Fuel Efficient.

Waste Reduction 120

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Resource Reduction 120

Supply Chain Shaman

SEPTEMBER 28, 2012

Most companies have made their own organizations more efficient (ROA), but they have not reduced inventories and they have pushed costs back in the supply chain on suppliers that are less able to bear them. Data volumes grew 18X in 2011. It is fun work, but the results are shocking. This has made the supply chain more fragile.

Pricing Training 262

Pricing Training Supply Chain Design Software Purchasing Training Waste Reduction 262

Supply Chain Shaman

NOVEMBER 14, 2016

I followed his journey during the period of 2006-2011, and wanted to check in with him to gain his insights on the selection of VTech as a finalist in the Supply Chains to Admire research. Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Operating Margin. About VTech.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Supply Chain Movement

NOVEMBER 12, 2014

Research by McKinsey in 2011 revealed that only 20 percent of companies link their business strategy to clear decisions about their product portfolio and allocation of the necessary resources. Blogs Bestseller delivery times erp functionality gartner implementation inventory IT Martijn Lofvers McKinsey supply chain Supply Chain Movement'

Gartner 79

Gartner Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy 79

Talking Logistics

SEPTEMBER 19, 2014

Menlo Logistics Opening New Multi-client Warehouse in Ladkrabang, Thailand. RFID Yielding Results and Expanding: Macy’s and Bloomingdale’s are seeing tangible results from their adoption of radio frequency identification (RFID) technology that began rolling out in 2011. IAS ChassisManager Facilitates Street-Turns. Macy’s, Inc.

Logistics Network Optimization Software 140

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 140

Kinaxis

JULY 8, 2015

On the other hand, I have worked with a company that within a few hours after learning about the Japan earthquake and tsunami of 2011, were able to determine the impact of supplier late deliveries and very quickly find alternate sources of supply. How was this done? We answered that question also.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 100

Supply Chain Movement

DECEMBER 20, 2013

Forecasts are often on the high side leaving warehouses with unnecessary inventory and sales and planners in debate about how to close the gap. In 2011 Nestlé started to look at state-of-the-art statistical forecasting and predictive analytics to improve Demand Planning efficiency and accuracy. It was time for change.

Forecasting 107

Forecasting Forecasting Software Supply and Demand Modeling 107

Enterra Insights

NOVEMBER 20, 2019

Back in 2011, supply chain analyst Trevor Miles ( @milesahead ) noted there is a similar sounding word supply chain managers should associate with VUCA. How it will self-manage customer inventories. … It provides a clear view of inventory and supply chain activity, and ultimately, it helps create responsive supply chains.”

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Global Supply and Demand 100

GlobalTranz

AUGUST 9, 2016

The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Transportation strategy and tactics must support Lean inventory strategies. Walking 100 feet to get parts 20 times a day can add up to nearly 170 miles a year.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Lean Cost Reduction Strategies 120

Supply Chain Brain

OCTOBER 6, 2020

Even before COVID-19, supply-chain managers considered how to cope with supply-chain disruptions — from natural disasters like the 2011 Japanese tsunami to political developments such as the U.S.-China Supply-chain flexibility and responsiveness have never been more important as they are at present.

Supply Chain Software 65

Supply Chain Software Supply Chain Strategy Supply Chain Sourcing Strategies 65

Enterra Insights

NOVEMBER 23, 2021

Five days later, the Ideal-X sailed into Houston, Texas, where waiting trucks collected the containers for delivery to local factories and warehouses. ” According to Goh, “The question remains to define what the optimal mix of foldable and regular containers carriers should maintain in their inventory is.

Supply Chain Design Software 130

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

RFgen

AUGUST 10, 2015

Strategy Business Magazine examined how manufacturers in Japan responded to the 2011 earthquake, tsunami and nuclear meltdown. Multiple companies found themselves with bottlenecked inventories they had to store and find buyers for once business resumed. Distribution was the major issue for most Japanese manufacturers.

Material Savings 52

Material Savings Inventory Reduction Vendor Strategies Cost Reduction Strategies 52

RFgen

AUGUST 10, 2015

Strategy Business Magazine examined how manufacturers in Japan responded to the 2011 earthquake, tsunami and nuclear meltdown. Multiple companies found themselves with bottlenecked inventories they had to store and find buyers for once business resumed. Distribution was the major issue for most Japanese manufacturers.

Material Savings 52

Material Savings Inventory Reduction Vendor Strategies Cost Reduction Strategies 52

RFgen

DECEMBER 19, 2019

We’d like to share a few stories from some of these customers who helped us make this list, like organic energy bar manufacturer Clif Bar & Company who digitally transformed their warehouses with RFgen. Learn More: How Clif Bar achieved 100% traceability and inventory visibility ». Total Inventory Optimization in the Warehouse.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Optimization Software 52

RFgen

DECEMBER 19, 2019

We’d like to share a few stories from some of these customers who helped us make this list, like organic energy bar manufacturer Clif Bar & Company who digitally transformed their warehouses with RFgen. Learn More: How Clif Bar achieved 100% traceability and inventory visibility ». Total Inventory Optimization in the Warehouse.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Optimization Software 52

IQMS

JANUARY 30, 2020

Gain both serialized and non-serialized inventory control support. Upon implementing IQMS’ robust warehouse management system (WMS), Custom Profile virtually eliminated shipping errors. Make your customers happy (and retain them for the long term) with accurate shipments every time.

Manufacturing 56

Manufacturing Inventory Reduction Cost Reduction Strategies Automotive 56

Supply Chain Network

APRIL 3, 2012

Intelleflex ZEST™ Data Services, a cloud-based repository for aggregating, warehousing and sharing information across the supply chain, facilitates on-demand access to actionable data for improved supply chain operations to provide a complete picture of data spanning the entire supply chain. Pr-intelleflex@trainercomm.com.

Supply Chain Design Software 92

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Modeling Software 92

Supply Chain Movement

MARCH 6, 2013

Outsourcing accounts for 54% of shippers’ transportation spend and 39% of warehouse operations spend. As found in past Annual 3PL Study surveys, transactional, operational, and repetitive activities such as transportation, warehousing, and freight forwarding tend to be the most frequently outsourced. Supply Chain Disruption.

Third Party Logistics 60

Third Party Logistics Logistics Network Optimization Software Cost Reduction Strategies Inventory Reduction 60

RFgen

JUNE 23, 2015

Mobile data can help companies streamline inventory management processes so their products arrive safely and unspoiled in consumers’ homes. For instance, RFID can alert warehouse managers when dangerous temperature spikes occur. Implementing RFID in the warehouse allows managers to view where products are in real time.

Food 52

Food Company Supply Chain Software Supply Chain Planning Software 52

RFgen

JUNE 23, 2015

Mobile data can help companies streamline inventory management processes so their products arrive safely and unspoiled in consumers’ homes. For instance, RFID can alert warehouse managers when dangerous temperature spikes occur. Implementing RFID in the warehouse allows managers to view where products are in real time.

Food 52

Food Company Supply Chain Software Supply Chain Planning Software 52

Infosys Supply Chain Management

APRIL 2, 2012

One of the biggest time consuming and mundane activities in warehouse management is the pick up of inventory and the appropriate shelving of inventory. Imagine picking up inventory from the warehouse without having any paper lists or even any barcode scanners. December 2011. November 2011. April 2011.

Sourcing Strategies 29

Sourcing Strategies Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29

RFgen

AUGUST 29, 2016

In 2011, 2012 and 2014, the site was internally recognized with the Oscas Energy award. ” This data has revealed insights about inventory, particularly the load sizes trucks carry as they travel from warehouse to customer. Centralizing inventory by putting it on the shelves at a mall, on the other hand, is less involved.

Material Savings 52

Material Savings Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 52

RFgen

AUGUST 29, 2016

In 2011, 2012 and 2014, the site was internally recognized with the Oscas Energy award. ” This data has revealed insights about inventory, particularly the load sizes trucks carry as they travel from warehouse to customer. Centralizing inventory by putting it on the shelves at a mall, on the other hand, is less involved.

Material Savings 52

Material Savings Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 52

SCMDOJO

JUNE 28, 2024

Janice Marquardt Janice Marquardt has been a driving force in the supply chain sector for manufacturing and energy businesses since 2011. Watch what this course Mastering Supply Chain Resilience: Understanding Economic Volatility and Transformation by Vera teaches you on our SCMDOJO YouTube Channel!

Negotiating Skills 93

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 93

FLEXE

SEPTEMBER 25, 2018

</p> <p>Watch this 30-minute webinar, “Give Customers What They Want this Holiday Season: How to Optimize Inventory Management for Faster Delivery” to hear from the experts: FLEXE VP of Operations, Megan Evert, and Shippo Director of Business Development, Richard Garcia.</p> </p>

Inventory Management 28

Inventory Management Supply Chain Optimization Inventory Price Mitigation Strategies 28

Infosys Supply Chain Management

FEBRUARY 8, 2012

Let us take an initiative such as Inventory Optimization as an example. Somewhere along the year-long journey of cataloging requirements and assessing gaps, inventory optimization takes a SKU rationalization flavor and the goal turns to the avoidance of SKU proliferation. December 2011. November 2011. October 2011.

Optimal Sourcing 34

Optimal Sourcing Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Optimization 34

USC Consulting Group

JUNE 19, 2023

. #1: Worker safety According to the US Bureau of Labor Statistics, there were 5,190 fatal work injuries in 2021 , with 798 attributed to exposure to harmful materials or the environment — the highest figure since the series began in 2011! With accurate and timely maintenance, the warehouses prevent downtime because of equipment failure. #3:

Material Savings 40

Material Savings Optimal Sourcing Supply Chain Software Supply Chain Planning Software 40

Repl Group

OCTOBER 10, 2018

As far back as 2011, retail consultant and broadcaster Mary Portas , recognized that: “New benchmarks have been forged against which our high streets are now being judged. The Portas Review: An independent review into the future of our high streets, 2011. Solution #3 – Make Stores Work Harder With Incorporated Warehousing.

Procurement Solutions 40

Procurement Solutions Demand Planning Software Inventory Management Software Analytics Software 40

RFgen

MAY 24, 2018

This turned out to be a relief for the industry as, on the whole, manufacturing volumes in that segment had increased by more than 40-percent since 2011. If the warehouse team is trying to store too many assets or has to hold on to goods for too long, inventory shrinkage will occur. How Mounting Pressure Impacts Quality.

Manufacturing Procurement 52

Manufacturing Procurement Aerospace Quality Manufacturing 52

RFgen

MAY 24, 2018

This turned out to be a relief for the industry as, on the whole, manufacturing volumes in that segment had increased by more than 40-percent since 2011. If the warehouse team is trying to store too many assets or has to hold on to goods for too long, inventory shrinkage will occur. How Mounting Pressure Impacts Quality.

Manufacturing Procurement 52

Manufacturing Procurement Aerospace Quality Manufacturing 52

ThroughPut

MAY 23, 2024

This impact manifests in various forms, including inflated order sizes, increased inventory holding costs, and inefficiencies in production scheduling. Each can lead to increased variability in orders, higher inventory levels, and greater challenges in production planning and capacity management. How to Mitigate the Bullwhip Effect?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Forecasting Software 52

Operations and Supply Chain Management

MAY 14, 2014

Relatively few managers have done much to protect their supply chains from critical, costly disruptions, even though they know that disasters like the 2011 Japan tsunami and Thailand floods can hit business for months, a recent MIT Sloan Management Review article notes. Supply Chains Can Be Both Resilient and Cost Efficient.

Sourcing Strategies 40

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Expense Reduction 40