GlobalTranz

MAY 4, 2018

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. The Problem: Omnichannel Retail Carries an Extreme Level of Interdependence Between Systems and Processes As explained by Entrepreneurer.com , the fastest-moving products account for only 20% of inventory.

Inventory Management Software 163

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 163

Talking Logistics

DECEMBER 21, 2018

As 2018 comes to an end, a quick thank you to all of our readers, followers, and sponsors for another great year of learning and conversation on Talking Logistics. Top 10 Talking Logistics Posts in 2018. With Tariffs In Flux, Digital Inventory Technology Might Be The Solution To Holiday Bloated Inventory Levels.

Video 101

Video Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 101

GlobalTranz

SEPTEMBER 14, 2018

As 2018 progresses, Warehouse Managers need to understand the risk of not going omnichannel, why demand is increasing, and a few tips to meet such demands. How to Prepare for Increasing Supply Chain Demands Throughout 2018 Warehouse Managers must embrace omnichannel supply chains and their associated technologies. LEARN MORE.

Price Reduction 120

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 120

GlobalTranz

NOVEMBER 20, 2018

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

Inventory Management Software 121

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 121

ToolsGroup

JUNE 19, 2018

Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. Much of inventory is a hedge against uncertainty. If you could predict your demand exactly you wouldn’t likely need as much inventory.

Optimization Software 120

Optimization Software Inventory Demand Planning Software Modeling 120

GlobalTranz

MAY 25, 2018

Everything is connected to the internet, including consumer and industrial devices and systems. The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

Enterra Insights

APRIL 4, 2018

Today however, the open trading system, which is the very underpinning of global supply chains, is increasingly questioned by large segments of populations and their elected officials.” As we step into 2018, enterprises must realize the risks associated with their IoT ecosystem.” ”[2] Those risks are: 1. ” 2.

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Talking Logistics

JANUARY 9, 2019

With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs, companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works. during the third quarter to $7.21

Inventory Reduction 101

Inventory Reduction Inventory Warehousing Supply Chain Planning Software 101

Enterra Insights

JUNE 25, 2019

For the last few years, inventory shrinkage has annually cost U.S. ” Regardless of how inventory is lost, shrinkage costs retailers a lot of money. To reduce shrinkage, retailers need to have a strategy to address each of the ways inventory can be lost. Inventory shrinkage strategies. Somewhere between 1.5%

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Inventory Vendor Strategies 100

Kinaxis

APRIL 18, 2018

by Dr. Madhav Durbha With the Alps as a backdrop, LogiPharma Europe 2018 proved to be both energizing and thought provoking. Excellence in operations driven by end-to-end visibility into inventory levels will be important. Kinaxis (@Kinaxis) April 10, 2018. pic.twitter.com/BipjFVtxTC.

Pharmaceutical 141

Pharmaceutical Supply Chain Planning Software Europe Supply Chain Network Software 141

Material Handling & Logistics

JANUARY 10, 2018

A look at the supply chain trends and technology that will come into play in 2018. These concerns will extend into 2018, as companies work on a regulatory standard – though nothing has emerged yet. 2018 will see a focus on taking innovation beyond a buzzword and into implementable solutions that deliver executable results.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96

ShipBob

JULY 28, 2021

” In today’s fast-growing industry, there are endless ways to improve the delivery process, especially with the right systems in place. It’s important to note that order fulfillment and inventory management both play a key role in delivery as it can either speed up or slow down the process. The answer is — “yes!”

Optimal Sourcing 98

Optimal Sourcing Optimization Software Inventory Management Software Supply Chain Planning Software 98

GlobalTranz

AUGUST 30, 2018

ERP systems are a raging trend in the corporate arena these days – these miraculous platforms are a sure shot way to infuse productivity into your routine operations! The Trends that Will Forever Shape Manufacturing in 2018 & Beyond. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.

Inventory Management Software 122

Inventory Management Software Supply Chain Planning Software Demand Planning Software Optimization Software 122

PINC

JANUARY 9, 2019

With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs , companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works.

Inventory 100

Inventory China Supply Chain Software Warehousing 100

GlobalTranz

FEBRUARY 21, 2018

Optimising your warehouse storage system to ensure that it stays organized at all times of the month will be a dream come true, right? WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. There are many ways to optimize your warehouse storage system, such as: 1. Now it is possible.

Optimization Software 132

Optimization Software Supply Chain Design Software Forecasting Software Warehousing 132

GlobalTranz

JUNE 8, 2018

Today, there are dozens, if not hundreds, of individual warehouse management systems ( WMSs ) available, but how do you reap the real-world features within this innovative type of supply chain management systems? WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. As explained by Mary E.

Supply Chain Design Software 153

Supply Chain Design Software Demand Planning Software Optimization Software Warehousing 153

Talking Logistics

SEPTEMBER 7, 2018

At least that’s the case for Walmart, which according to an article in the Wall Street Journal , “has begun telling online shoppers that some products in its warehouses are ‘out of stock’ after the retailer changed its e-commerce systems to avoid orders deemed too expensive to ship.”. And with that food for thought, have a happy weekend!

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Manufacturing Procurement 101

Talking Logistics

OCTOBER 12, 2018

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). The post This Week in Logistics News (October 8-12, 2018) appeared first on Talking Logistics with Adrian Gonzalez. Did I mention they eat a lot?

Logistics Network Optimization Software 102

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Supply Chain Planning Software 102

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

Talking Logistics

APRIL 20, 2018

A TMS user, for example, can say to the system, “Show me all uncovered loads,” or an inventory manager can ask, “Which stores have less than three days inventory of product X?” The post This Week in Logistics News (April 16-19, 2018) appeared first on Talking Logistics with Adrian Gonzalez. I think Alexa would agree.

Logistics Network Optimization Software 100

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

ToolsGroup

APRIL 12, 2019

alone, Amazon introduced 208 million new products in 2018 — most of which are slow movers, or ‘long-tail’ items. Despite its extreme complexity and scale, Amazon’s July, 2018 earnings doubled shareholder expectations, turning a quarterly profit of a whopping $2.5bn. In the U.S. percent, etc., Applying A.I.

Supply Chain Planning Software 227

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 227

Kinaxis

JULY 13, 2018

I just returned from a very inspiring 2018 SCM World Leaders Forum in London. The chief product supply officer of a large global company encouraged attendees to think in terms of shareholder return, by mapping financial metrics to supply chain operating metrics such as on time in full (OTIF), and inventory turns. by Dr. Madhav Durbha.

SCM 100

SCM Big Data Predictive Analytics Software Supply Chain Network Software 100

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. Supply Chain Management and Maintaining Inventory. Facing inventory challenges is common in the manufacturing industry. Inventory management software is an important solution.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

The Logistics of Logistics

MAY 1, 2023

Sankalp Arora and Joe Lynch discuss gathering inventory data, a function that is being transformed by Sankalp’s company Gather AI. Sankalp is CEO and Co-founder at Gather AI, a warehouse automation company that has created the world’s first drone-powered inventory monitoring solution.

Inventory Reduction 200

Inventory Reduction Inventory Data Optimization Software 200

Material Handling & Logistics

DECEMBER 2, 2018

After a year full of more scandals, indictments, political contentiousness, workplace violence, school shootings and natural disasters, maybe it’s time we all took a collective breath and focused on some of the positives that came out of 2018. Supply Chain Innovators of 2013 : paperless food chain, VLMs, cold chain fleet management, and more.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Innovation 110

Veridian Solutions

OCTOBER 7, 2019

The 2018 peak warehousing season flourished on the optimism in the market. What Went Wrong During the 2018 Peak Season? The biggest problem in the 2018 peak warehousing season surfaced before the season even started. The post Lessons Learned From 2018 Peak Warehousing Season appeared first on Veridian.

Warehousing 45

Warehousing Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 45

Logistics Viewpoints

OCTOBER 1, 2022

In 2017, Flytrex successfully launched the world’s first fully autonomous urban drone delivery system in Reykjavik, Iceland, and we covered that initiative in these pages on June 15, 2018. The CNBC article states, “ As delivery times and consumer demand rose this year, retailers responded by ordering inventory earlier than usual.

Logistics Network Optimization Software 210

Logistics Network Optimization Software Inventory Reduction Supply Chain Software Logistics 210

Enterra Insights

JUNE 24, 2022

On that day, the barcode system invented by George Lauer, an IBM engineer, began to change the world.”[1] Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. ” How Barcodes Work. ’ But in truth a barcode is so much more. ”[3].

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Logistics Bureau

JANUARY 3, 2018

My post on key trends to watch in 2017 received a lot more attention than I anticipated, so I figured it can’t hurt to gather my thoughts and pull together another collection for 2018. The 7 Trends for Supply Chain Pros to Watch in 2018. 2018 Trend #1: Increased Focus on Cost-to-serve.

Supply Chain Design Software 64

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 64

Arkieva

MARCH 15, 2018

In this blog post, we’ll discuss a simple coding system using descriptive analytics that can help you easily identify different severity levels for your stock out. How to Track Your Inventory Stock Out Levels Using These Severity Codes & Alerts was first posted on March 15, 2018 at 8:58 am.

How To 70

How To Inventory Analytics Software Analytics 70

ModusLink Corporation

MARCH 9, 2022

It enables companies to track and trace their products which are equipped with sensors devices (Cheung, 2018). Traditionally, inventory counts were a complex exercise done manually about once a year but RFDI technology enables retailers such as Macy’s to monitor stock monthly bringing accuracy from 60% to over 90%.

Internet of things 78

Internet of things Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 78

GlobalTranz

AUGUST 31, 2018

The 2018 State of Logistics Report , sponsored by 3PL Central , indicates warehousing models are evolving at a phenomenal rate. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Fill more orders faster through automated voice- or action-controlled systems. GET YOUR COPY HERE.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Optimization Software 121

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

GlobalTranz

SEPTEMBER 7, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. In other words, warehouses need to update their shipping and order management practices and systems now, as well as follow these steps: Integrate all inbound and outbound logistics management systems. GET YOUR COPY HERE.

Inventory Reduction 177

Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Management Software 177

Enterra Insights

APRIL 2, 2024

”[3] All retailers, not just grocers, are suffering from inventory losses. Knowles reports, “The National Retail Federation estimates that retail shrinkage — the discrepancy between advertised inventory and actual stock on hand — represents an approximately $112 billion problem.

Security 246

Security Inventory Reduction Cost Reduction Strategies Procurement Analytics 246

Supply Chain Shaman

JANUARY 2, 2019

You made it through 2018. The traditional processes, rooted in historical relationships with large system integrators and technologies will crumble, as companies push for answers on value. Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities.

Prescriptive Analytics Software 241

Prescriptive Analytics Software Supply Chain Planning Software Predictive Analytics Software Analytics Software 241

Enterra Insights

JUNE 26, 2023

As I wrote in a previous article, “Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them.”[1] The new ‘2D’ barcodes will unlock reams of online extras (for consumers) and revolutionize inventory management (for retailers).

Supply Chain Design Software 130

Supply Chain Design Software Predictive Analytics Software Inventory Management Software Supply Chain Software 130