The Logistics & Supply Chain Management Society

MAY 28, 2022

Will the environment improve in 2022 or get worse? Let’s look at the three megatrends shaping supply chain innovation in 2022 and beyond – resilience, through technical capability and consistency; optimisation of the omnichannel experience; and sustainability with a focus on Scope 3 emissions. The effort will absolutely pay off.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

ToolsGroup

SEPTEMBER 20, 2022

That way, companies achieve maximized equipment availability and deliver high-quality products. Optimize spare part inventories. Performing Real-Time Quality Checks. As competition increases, companies worldwide focus on delivering quality products through lean manufacturing strategies. Quality Inspection Cameras.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

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? It also allows for products to be grouped in ways that reflect the quantity, quality and sales services available.

Inventory Management Software 97

Inventory Management Software Price Reduction Inventory Reduction Modeling Software 97

RFgen

JANUARY 23, 2023

Overview: What is mobile device inventory management? With so much information out there about inventory management best practices, it can be hard to determine what steps to take to make improvements. Mobile inventory systems are a proven “must-have” solution for enhancing materials management. bn through 2026. bn through 2026.

Inventory Management Software 52

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

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. LogiSYM Supply Chain Magazine – April 2022. HOW DID WE GET HERE?

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Unleashed

APRIL 11, 2024

US manufacturing activity expands for first time since 2022. That’s why AOV is an essential metric to improve. Inventory and marketing costs can be insidious parasites, gnawing at your margins. If dead stock is consuming vital inventory space in your warehouse try bundling your slowest-moving items with best-sellers.

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

E2open

OCTOBER 10, 2022

10, 2022 – E2open Parent Holdings, Inc. The report covers data and metrics for e2open’s 2022 fiscal year (FY22), March 1, 2021, through February 28, 2022, unless otherwise noted. Read the full 2022 e2open ESG Report at e2open.com. Diversity is also a consideration when it comes to suppliers.

Supply Chain Network Software 78

Supply Chain Network Software Logistics Network Optimization Software Government Optimization Software 78

Supply Chain Game Changer

NOVEMBER 3, 2022

This information can help companies manage inventory levels and improve customer service and engagement. This systematic approach helps organizations ensure that they’re receiving high-quality materials at a reasonable price from their vendors. As a result, you can avoid product spoilage and not waste company resources.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

Unleashed

AUGUST 20, 2023

Lead time includes both the time it takes to complete the standard process tasks and any delays that might occur due to various factors, such as supply chain disruptions, machine downtime, or unexpected quality issues. It’s a valuable metric for identifying bottlenecks, improving efficiency, and optimising specific operational steps.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Game Changer

AUGUST 21, 2022

In addition to product management, logistics also includes inventory management. In order to maintain this quality, logistics managers must implement an efficient tracking system and coordinate with the delivery team. Companies can also cut their inventory by up to 22% and improve their bottom line.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

QAD

MARCH 9, 2023

When manufacturers planned for 2022, they did not foresee that energy prices would skyrocket by 40% in Europe and 23% in the US and that inflation would run at 8-10%, depending on the region.” That means looking at the right metrics. Be influenced by metrics that transcend operations, profitability, and risk.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 95

Arena Solutions

APRIL 4, 2023

As the list of new technologies and innovative software solutions keeps mounting, graduates are excited by the prospects of learning and using new technologies like cloud CAD/CAM software, 3D printing, cloud-native product lifecycle management (PLM), quality management systems (QMS), and robotics. is a highly complex process.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

Elementum

AUGUST 3, 2022

A plan and a set of metrics are developed to monitor and assess all activities. Supply chain managers are responsible for constructing different procedures and metrics to manage and improve supplier relationships. A company must design and develop an approach to managing all the resources needed to build products and provide services.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 78

Supply Chain Trend

DECEMBER 22, 2023

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. We will decide and response faster in our supply chain and make higher quality operational and strategic decisions.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

AB&R

MARCH 4, 2022

Warehouse receiving impacts all aspects of operations, from inventory management to logistics. Replacing fixed workstations with mobile receiving carts also frees up valuable warehouse space, which can help boost dock-to-stock cycles and eliminate bottlenecks in inventory management. Inaccurate inventory data.

Waste Reduction 52

Waste Reduction Inventory Reduction Warehousing Six Sigma 52

SCMDOJO

AUGUST 16, 2023

Read More: ERP Master Data: A Guide to Improve Quality & Governance ] Role of Data Analysis through Barcode Scanning and Point-of-Sale Systems Data analysis is at the core of Walmart’s supply chain prowess.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

crisp

OCTOBER 31, 2023

They produce each flavor in small batches to ensure a high-quality experience. At this time – with a need for visibility into their expanding supply chain – sales and inventory insights were more necessary than ever. In 2022, the company launched its Chocolate Cake variety of truffle bars into 1,000 store locations, including Sprouts.

Portland 52

Portland Optimal Sourcing Oregon Waste Reduction 52

American Global Logistics

JULY 14, 2023

They encompass a vast ecosystem of industries and sectors that work together to deliver the right products at the right time, place, cost, quantity, and quality. However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. business logistics amounts to 9.1%

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

Precoro

MAY 22, 2023

growth in global IT spending from 2022. It plays a vital role in managing an organization's inventory of IT assets, reducing redundancy, and lowering the risk of downtime or service interruptions. Gartner anticipates a 5.5% Therefore, IT procurement is a crucial part of an overall procurement strategy.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Intelligent Audit

FEBRUARY 3, 2022

With the volatility of 2021 still in mind and uncertainty heading into 2022, the whole industry feels a bit apprehensive. Understand data-driven metrics and KPIs within the freight bill auditing services ’ software. Then, correcting those anomalies reduces shipping costs in 2022 and beyond. Get better deals on shipping rates.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

3PL Insights

JANUARY 19, 2023

I am grateful for the employees, customers, and partners that have made 2022 possible. One of the most noteworthy highlights of 2022 was our expansion. Our quality team worked hard to ensure that all of our facilities, including our new spaces, are ISO 2015:9001 certified. Thank you to everyone who made 2022 possible!

Logistics Network Optimization Software 98

Logistics Network Optimization Software Real Estate Detroit Warehousing 98

Supply Chain Game Changer

AUGUST 16, 2022

In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. On top of the annual inventory count there were ongoing manual cycle counts throughout the entire year. An Inventory Control History.

Inventory Reduction 124

Inventory Reduction Inventory Waste Reduction Resource Reduction 124

Cognira

DECEMBER 20, 2022

December 20, 2022. Cutting Unnecessary Inventory: By using more accurate forecasts, retailers can cut back on unnecessary manufacturing and purchases. At Cognira , our PromoAI Solution helps retailers reduce up to 25% of their waste and save on inventory. The Pressure is on – Why Retailers Need to Take Action on Green Retailing.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Unleashed

DECEMBER 28, 2021

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. Read more: What is Inventory Management? Techniques for 2022. But excess inventory also comes with a variety of problems. Less waste.

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 86

Kinaxis

FEBRUARY 22, 2018

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. Regulatory and legal restrictions, and safety and quality issues. What is vendor-managed inventory? It’s a prediction that shouldn’t be ignored.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

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

Aera Technology

AUGUST 16, 2018

percent CAGR through 2022. Dozens of data sources could help companies better manage supply, quality, and cost: real-time data availability from the shop floor to the patient; data collected from internal sources; third-parties; social media; trends in patient health; and even weather patterns. and many could even be automated?—?if

Pharmaceutical 40

Pharmaceutical Supply Chain Planning Software Supply Chain Software Forecasting Software 40

Locus

MAY 25, 2022

The American customer satisfaction index customer experience benchmarks for timeliness of delivery fell drastically from 82 in 2020 to 76 in 2022. consumer shipping companies: Customer experience 2017-2022. – Consumer experience with consumer shipping companies in the United States from 2017 to 2022, Statista, 2022.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Price Mitigation Strategies 52

Taulia

JULY 11, 2023

A 2022 paper commissioned by Dun & Bradstreet found that companies failing to meet their ESG goals faced tangible challenges that can lead directly to increased operational and financial risk. A 2022 survey by EY revealed that eight in ten supply chain executives are increasing their efforts toward sustainable supply chain operations.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Supply Chain Optimization Material Savings 40

Logility

OCTOBER 6, 2023

Increased visibility – a cloud platform provides real-time visibility into critical supply chain data, such as inventory levels, which can help you make informed decisions. Organizations always weigh quality and advantages with costs in every purchase decision – and that reality is undoubtedly true for cloud application hosting.

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

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 formula is: Days inventory on hand + Days sales outstanding – Days payables outstanding= Cash to cash days.”

Negotiate Pricing 94

Negotiate Pricing Supply Chain Software Procurement Analytics Manufacturing Procurement 94

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

Supply Chain Game Changer

OCTOBER 11, 2022

For instance, the quality of inventory storage and manufacturing efficiency impact delivery lead times. More importantly, are you measuring the right metrics? Measuring wrong metrics might paint a great process in a bad light, leading to wrong conclusions. Daily production activities impact supply chain efficiency.

Optimal Sourcing 81

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 81

E2open

DECEMBER 8, 2022

8, 2022 – E2open Parent Holdings, Inc. release provide deeper visibility, enhance decision quality, and automate process workflows across all tiers of operations – both internally and across outsourced ecosystem partners – for better outcomes, lower risk, and reduced cost of ownership. AUSTIN, Texas – Dec. “Our 22.4

Supply Chain Network Software 60

Supply Chain Network Software Supply Chain Planning Software Analytics Software Forecasting Software 60

Intelligent Audit

DECEMBER 2, 2021

With most products’ typical returns rate of 30%, the total estimated value of returned parcels is more than $128 billion annually going into 2022. As online shopping and having packages delivered continue to grow in popularity, companies must have the correct data and visibility to keep up with inventory management.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Software 52