GlobalTranz

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 million employees without a focus on good supply chain management. ” The Key’s To Walmart’s Supply Chain Management Excellence over the Year.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

The Logistics of Logistics

OCTOBER 26, 2020

Since 2014, Lean has worked with over 100 satisfied U.S. Distribution Center Management. Vendor Managed Inventory. Inventory Management. Vendor Management. Customer / Supplier Management. Lean can deliver on this promise because they are the pioneers in helping U.S. Site Location. Fulfillment.

Logistics Network Optimization Software 244

Logistics Network Optimization Software 3PL Agile and Lean Supply Chain Colombia 244

Herlitz Inventory Management

JULY 7, 2021

Growing up with a father who developed inventory management software for a living spawned some interesting conversations around the dinner table. It hasn’t been lost here at Herlitz Inventory Management! Since 2009, when Herlitz Inventory Management was founded, annual inflation has been below 3 percent in the US.

Pricing Training 52

Pricing Training Purchasing Training Negotiating Skills Inventory Management Software 52

Supply Chain Movement

JULY 10, 2014

Mind Map for medtech supply chains 2014. Mind Map for Pharma Supply Chains 2014. Mind Map for Global Trade Management. Mind Map for Inventory Management. Connect these solutions to the original market trends and connect with suppliers, customers and other external parties. Mind Map Strategic Transport Optimization.

Pharmaceutical 121

Pharmaceutical Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 121

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. If it takes 50 days from ownership transition at origin to receipt at the warehouse, you could save $2M in inventory, or $250K in working capital, if you reduce transit time by one day (50 to 49 days). Faster order-to-cash.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Management of the cash-to-cash cycle is critical to maintaining working capital. Some firms like Dell manage a negative cash conversion cycle.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

QAD

NOVEMBER 19, 2020

Efficient Inventory Management . The Santa Clara Medical Center reported that 383 medical items went missing between 2010 and 2014, including incubators, heart monitors and mammography machines. The investigation concluded that the equipment was lost due to an inefficient inventory monitoring system. .

Inventory Management Software 94

Inventory Management Software Supply Chain Software Material Savings Supply Chain Planning Software 94

RFgen

APRIL 5, 2016

Cosmetic damage to products is a common problem in inventory management, but holds special challenges for food manufacturers. Donating food inventory is noble, but not always easy. Organizations willing to accept inventory may not be able to. Donating food is more involved than some organizations realize.

Food 52

Food Inventory Reduction Inventory Waste Reduction 52

RFgen

APRIL 5, 2016

Cosmetic damage to products is a common problem in inventory management, but holds special challenges for food manufacturers. Donating food inventory is noble, but not always easy. Organizations willing to accept inventory may not be able to. Donating food is more involved than some organizations realize.

Food 52

Food Inventory Reduction Inventory Waste Reduction 52

GlobalTranz

FEBRUARY 2, 2015

Editor’s Note: Cerasis is a 3PL focused on transportation management. So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. Real-time visibility into “static goods” — wherever they may be — is the foundation for managing through volatility. And what is sitting in the warehouse. And at the cross-dock. And in the rail car.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

Kinaxis

AUGUST 5, 2014

The problem is most companies are relatively immature when it comes to Supply Chain Risk Management. Efficiency programs like lean drove us to reduce suppliers and cut inventory. Supply chain risk management practice advises us to source additional suppliers and plan additional strategic inventories as mitigation strategies.

Inventory Reduction 267

Inventory Reduction Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 267

The Logistics of Logistics

NOVEMBER 15, 2021

Since 2014, Lean has worked with over 290 satisfied U.S. Distribution Center Management. Vendor Managed Inventory. Inventory Management. Vendor Management. Customer / Supplier Management. Lean can deliver on this promise because they are the pioneers in helping U.S. Site Location. Fulfillment.

Logistics Network Optimization Software 130

Logistics Network Optimization Software 3PL Agile and Lean Supply Chain Supply Chain Planning Software 130

Supply Chain Shaman

MARCH 27, 2014

I also continued to work on the manuscript for the book Metrics That Matter to publish in the fall of 2014. The average client that has implemented demand sensing technologies has reduced inventory by 11%. Demand demand planning demand sensing inventory management inventory reduction' It makes a difference.

Supply and Demand 281

Supply and Demand Inventory Reduction Demand Planning Software Forecasting Software 281

RFgen

MAY 8, 2016

Proper temperature prevents certain inventory from becoming unusable and keeps consumables safe for customers. Packaging Digest reported the global health care cold chain logistics market is projected to increase by $3-billion between 2014 and 2018. Extreme Temperatures for Special Products.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52

RFgen

MAY 8, 2016

Proper temperature prevents certain inventory from becoming unusable and keeps consumables safe for customers. Packaging Digest reported the global health care cold chain logistics market is projected to increase by $3-billion between 2014 and 2018. Extreme Temperatures for Special Products.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52

Supply Chain Shaman

SEPTEMBER 22, 2021

This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). We started the pandemic with twenty-one more days of inventory than we had in 2007. When I asked about the use, the response was: “ We don’t use it.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Enterra Insights

JULY 25, 2022

… Traditionally, inventory counts [have been] a complex exercise done manually about once a year but RFID technology enables retailers to monitor stock monthly bringing accuracy from 60% to over 90%.” in 2014 to just 4 cents in 2019.”[6]. The average price of sensors has fallen from US$1.30 in 2004 to $0.38

Internet of things 130

Internet of things Supply Chain Software Supply Chain Optimization Supply Chain Network Software 130

Supply Chain Shaman

AUGUST 11, 2015

In 2014, 70% of companies experienced three business discontinuity events with at least one resulting in a material impact to the balance sheet resulting in financial reporting. The most advanced risk management programs are deeply rooted in preventive measures. This is not a program that is effectively managed bottoms-up.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 150

EMERGE App

JANUARY 1, 2020

(Boston Consulting Group – Cross-Border Payments presentation by Sukand Ramachandran, Sibos, Boston 2014). We’ve got you covered if you’re using an inventory management system like EMERGE App. We know that you don’t use your inventory management solution in isolation.

Currency 52

Currency Purchasing Skills Inventory Management Software Manufacturing Procurement 52

Enterra Insights

JUNE 22, 2023

Causal AI and the Supply Chain Jerry Stephens , General Manager of Supply Chain Management at causaLens, argues that Causal AI is becoming a necessity for smooth supply chain operations. He explains, “Prediction is at the core of running an efficient supply chain.

Supply Chain Performance 130

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 130

Arkieva

APRIL 19, 2016

Using so called orbit charts, we have benchmarked companies on EBIT% versus Inventory Turns. That benchmark helped to reveal the ‘best practice frontier’, which in turn helped in setting aggressive but aligned targets for EBIT% versus Inventory Turns. Benchmarking EBITDA% versus Inventory Turns. It proves to be more resilient.

Benchmarking 60

Benchmarking Inventory Reduction Inventory Expense Reduction 60

Supply Chain Shaman

FEBRUARY 22, 2015

We developed the Supply Chain Index in 2014 as a way to measure supply chain improvement at a balance sheet level. I get called frequently to talk to supply chain leadership teams about inventory. Often the CEO hires a strategic consultant to audit the supply chain, and they roll through the organization making inventory promises.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Modeling Software 150

Logistics Bureau

JANUARY 7, 2020

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Pioneered the use of vendor-managed inventory. Inventory shortages.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

GlobalTranz

JANUARY 7, 2016

Question number three : Inventory on hand, both finished goods and individual parts, and Inventory Records Accuracy. The MPS is exploded and reads the BOM and Inventory on hand to create make (manufactured) and buy (purchased) components needed to fulfill the MPS. All MRP sheets were given to Purchasing to manage.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Talking Logistics

MAY 13, 2015

And yet, prior to replacing a legacy inventory management system and implementing a supply chain analytics solution from FusionOps , the share of merchandise the company delivered on-time and in-full was a dismal 28 percent! million in net sales in 2014 over the previous year, a 25% increase to $2.1 billion in worldwide revenue.

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

Unleashed

JANUARY 5, 2021

Inventory management is a critical function of any business, with drastic implications on profit margins. Inventory turnover is a key formula that’s often discussed in the context of inventory management efficiency, and crops up in most types of inventory report. What is inventory turnover?

Inventory Reduction 83

Inventory Reduction Inventory Procurement Analytics Inventory Management Software 83

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition.

Analysis 51

Analysis Inventory Management Software Inventory Management Inventory Reduction 51

Talking Logistics

JULY 27, 2015

Supply chain management spans many functions and processes, including demand planning, sourcing, merchandising, supplier relationship management, inventory management, inbound and outbound transportation, distribution management, and store operations. How much inventory do we have across our network?

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 100

Talking Logistics

JANUARY 26, 2015

Imagine a bitcoin being a unit of inventory and a digital wallet (“bitcoin address”) being an inventory-keeping location, such as a store, distribution center, or truck trailer. A supply chain blockchain application, therefore, could be used to record the balances and transfers of inventory across a distributed supply chain network.

Supply Chain Network Software 100

Supply Chain Network Software Inventory Management Software Predictive Analytics Software Supply Chain Software 100

Freightos

MARCH 3, 2015

In fact, according to eMarketer, there were estimated 1.75bn smartphone users worldwide in 2014. During the 2014 holiday season in the US, IBM Digital Analytics estimated that 25% of US online sales were via mobile. Inventory management and replenishment as well as reverse logistics can now be managed by mobile as well as payments.

Supply Chain Software 120

Supply Chain Software Gartner Innovation Supply Chain Optimization 120

Supply Chain Shaman

JULY 19, 2015

However, for elements like forecast error, customer service and slow-moving inventory self-reported data is not sufficient. 4) Best Forecasters do not Have the Best Inventory Results. In this work, Debra would take a month of forecasting, inventory and other supply chain data and evaluate trends. Increase in Complexity?

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

Kinaxis

JUNE 20, 2016

In a 2014 study, 46% of manufacturing executives didn’t know what the internet of things was. Inventory Tracking – Despite all the efforts manufacturers put into inventory accuracy it still happens. Imagine if your inventory itself could tell you how much there is. Shipment Tracking – What about outside the four walls?

Internet of things 188

Internet of things Supply Chain Planning Software Supply Chain Software Supply Chain Planning 188

Vanguard Software

APRIL 22, 2021

A great example would be when the hospitality industry initiated towel reuse programs back in 2014 and the subsequent savings on water and energy. Expiring Inventory : In food and beverage supply chains, there is the potential to reduce food waste and spoilage while maximizing profit.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Optimal Sourcing Supply Chain Software 52

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition.

Analysis 40

Analysis Inventory Management Software Inventory Management Inventory Reduction 40

RELEX Solutions

JUNE 28, 2019

RELEX will choose the best master’s thesis with a focus on retail and supply chain planning (forecasting, replenishment, seasons or promotions management, allocations, inventory management, category management or assortment management).

Europe 53

Europe Pharmaceutical Supply Chain Planning Sweden 53

MIT Supply Chain

SEPTEMBER 4, 2014

On September 30, 2014, supply chain education will take a major step into the digital age with the start of SCx, an on-line educational program developed by the MIT Center for Transportation & Logistics (MIT CTL) for thousands of professionals across the globe. SC1x – Supply Chain and Logistics Fundamentals (fall 2014).

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 88