Unleashed

AUGUST 20, 2023

If a manufacturer has to wait an extra day for raw materials to arrive, they might lose a customer. Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. Let’s dive in.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Unleashed

SEPTEMBER 7, 2021

B2B eCommerce is booming and will be crucial for business success in 2022 and beyond. Read more: Try the eCommerce inventory management software that unleashes your growth What is B2B eCommerce? B2B can be contrasted with business-to-consumer (B2C) eCommerce, where businesses sell their goods or services directly to consumers.

Inventory Management Software 97

Inventory Management Software Price Reduction Inventory Reduction Modeling Software 97

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Unleashed

DECEMBER 28, 2021

In these fast-moving days of technological advancement and economic change, a lot of manufacturers are talking about going ‘lean’. One major aspect of running a lean business is reducing inventory – that is, a reduction in the amount of inventory your organisation keeps on hand at a given time. Techniques for 2022.

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 86

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. But why is liquidity management so important? The importance of liquidity management Liquidity management plays a significant role in various processes.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Supply Chain Game Changer

AUGUST 23, 2022

Investopedia defines the Cash Conversion Cycle as “a metric that expresses the time (measured in days) it takes for a company to convert its investments in inventory and other resources into cash flows from sales. .” The number of days of inventory plus days sales outstanding net of accounts payable days is the cash cycle.

Negotiate Pricing 94

Negotiate Pricing Supply Chain Software Procurement Analytics Manufacturing Procurement 94

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. This chemical manufacturer is converting its entire distribution system to containers. In addition to product management, logistics also includes inventory management.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 75

Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. In a prior Supply Chain Matters posting, we highlighted both September and Q3-2022 global and regional PMI indices.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Supply Chain Matters

AUGUST 8, 2022

Supply Chain Matters highlights two additional indices of global and US supply chain volatility relative to July 2022 global supply chain activity levels. In a prior published Supply Chain Matters commentary, we provided highlights of the various July 2022 PMI indices across select global supply chain regions.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

ShipBob

APRIL 26, 2023

The upstream supply chain refers to the flow of inventory in the pre-production stage, mostly in relation to the organization’s suppliers. It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

Unleashed

JANUARY 25, 2023

In fact, in the UK alone average inventory values jumped nearly 100% from 2019-2022 , while gross margin return on investment (GMROI) dropped 76%. In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Supply Chain Matters

JUNE 7, 2023

not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022. Further reported was that volumes of U.S.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Supply Chain Game Changer

SEPTEMBER 21, 2021

Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. What should our post pandemic inventory priorities be? Pre Pandemic Inventory Management Priorities.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52

Unleashed

FEBRUARY 6, 2023

Then along came a global pandemic; product businesses had to reconsider what defined ideal inventory management. If you’re purchasing in large quantities, suppliers will typically offer discounts and reduced shipping costs. It meant they could minimise waste, protect their cash flow, and keep costs down. Better supplier rates.

Material Savings 52

Material Savings Inventory Reduction Modeling Cost Reduction Strategies 52

ThroughPut

SEPTEMBER 29, 2022

PALO ALTO, CA, September 29, 2022 /PRNewswire/ — ThroughPut Inc. , ThroughPut helps companies achieve this quickly by leveraging our Supply Chain AI on their existing disparate data sources”. . Key Financial Capabilities.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Resource Reduction Inventory Reduction 52

Intelligent Audit

DECEMBER 2, 2021

Reverse logistics is when the product goes back through the supply chain to the manufacturer. With most products’ typical returns rate of 30%, the total estimated value of returned parcels is more than $128 billion annually going into 2022. Unsold goods: This return is due to poor sales from retailers, manufacturers, or distributors.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Software 52

ShipBob

MARCH 3, 2022

Only when you know how much it costs to produce or procure a single unit of any SKU can you make more informed decisions on how much to sell it for. Manufacturing and supplier costs. In January 2022, the variable cost incurred was $3,000, which includes the raw material, electricity, and labor. Marketing and sales.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Gravity Supply Chain

MAY 20, 2022

Just-in-time (JIT) inventory management became crucial to the nation’s meteoritic industrial growth, including Toyota’s eclipsing North American and European automakers as the world’s largest automakers for their time. The quantity of goods carried by containers soared from 102 million metric tons in 1980 to about 1.83

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Intelligent Audit

JANUARY 18, 2022

As a result, shippers can better manage their total transportation spending and make the best decisions for their organizations. According to JOC.com , “the New York and New Jersey port backlog is increasing and leading to more instability in terms of product replenishment and inventory management in the weeks after Christmas.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 52

Intelligent Audit

NOVEMBER 5, 2021

This comes as industry experts expect an above-average market demand through much of 2022. Industry respondents said they don’t see an end to current freight conditions, and 2022 TL rates are expected to be up approximately 5.25% compared to this year.” This data can include product details, price, and manufacturer.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

ShipBob

MAY 19, 2023

In this post, we’ll delve into the world of markdowns in retail, covering the importance of pricing, effective strategies, and the role of third-party logistics (3PL) providers, like ShipBob, in optimizing inventory management. Markdowns also help encourage impulse purchases. What is a markdown in retail?

Material Savings 52

Material Savings Price Reduction Inventory Reduction Cost Reduction Strategies 52

Unleashed

DECEMBER 20, 2022

This modern business model functions as the online solution to making retail, manufacturing, wholesale, and service-based sales. Services: Professional services that may be purchased over the internet. Most retail and manufacturing goods – such as apparel, entertainment, groceries, and household goods – fall within this category.

Modeling Software 96

Modeling Software Demand Planning Software Inventory Management Software Forecasting Software 96