ToolsGroup

JANUARY 15, 2024

BOSTON – January 15, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to be recognized as a Leader in five separate G2 Winter 2024 reports. The software company earns Leadership recognition in supply chain planning and demand planning across regions.

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ToolsGroup Supply Chain Planning Software Supply Chain Software Supply and Demand 177

BlueYonder

APRIL 13, 2023

ICON 2023 is Blue Yonder’s annual customer conference and premier supply chain event, where practitioners and decision-makers exchange insights about their transformation journeys If you are in the manufacturing field, why should you attend this year’s event? Fast forward to today, many of our customers are dealing with excess inventory.

Manufacturing Procurement 72

Manufacturing Procurement Inventory Reduction Optimal Sourcing Cost Reduction Strategies 72

Supply Chain Matters

JULY 7, 2023

Logistics Managers Index (LMI) that again dropped to an all-time low for June 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 percentage points in June.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Supply Chain Matters

SEPTEMBER 22, 2023

Supply Chain Matters shares interview highlights with ASCM CEO Abe Eshkenazi in conjunction with this years ASCM CONNECT 2023 Conference. The Event The Association for Supply Chain Management (ASCM) recently concluded its ASCM CONNECT 2023 North America Conference. Starting salaries are second only to data engineers.

Conference 105

Conference Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software 105

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

Logistics Viewpoints

FEBRUARY 2, 2024

Teradyne, which reports earnings on Tuesday, warned investors in its 2022 annual report about the potential impact of the October regulations, and in October 2023 said the restrictions hit both Teradyne’s sales to certain companies in China and its manufacturing and development operations. technology from helping China’s military.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

American Global Logistics

JULY 19, 2023

Economics and Logistics Quarterly Update—June 2023 Uncertainty in economics is a given. Key Economic Indicator #1: Gross Domestic Product (GDP) As of June 2023, the U.S. However, despite consumer spending boosting economic growth, the economy is predicted to face a mild recession by the end of 2023. in May 2023.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Price Reduction Predictive Analytics Software New York 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Unleashed

DECEMBER 13, 2023

Index figures are calculated from a combination of core performance metrics, including sales performance, purchasing and internal efficiency. The Q3 2023 index scores are based on more than 400,000 data points from 2,600 manufacturing firms using the Unleashed inventory management system.

Manufacturing Procurement 52

Manufacturing Procurement New Zealand Manufacturing Beverage 52

ShipBob

APRIL 12, 2023

Between receiving inventory and getting orders delivered to your customers, what happens in your warehouse plays a crucial role in the efficiency of your operations. This includes metrics such as receiving efficiency, put-away cycle time, put-away accuracy, picking efficiency , and picking cycle time.

Warehousing 52

Warehousing Supply Chain Software Inventory Management Software Demand Planning Software 52

Supply Chain Matters

OCTOBER 12, 2022

Indicated in the report summary was: “ The sustained growth in the logistics industry continues to be fueled by high levels of inventory and the associated levels of cost and utilization associated with holding them. According to the September report , growth is increasing for inventory levels, inventory and warehousing costs.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

ToolsGroup

JUNE 6, 2023

MILAN and BOSTON – June 6, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is thrilled to announce it has been selected by D.I.MAR, an Italian leader in the frozen food industry, to heighten its supply chain performance, bolster supplier relationships, and drive enhanced business results. “We

ToolsGroup 156

ToolsGroup Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 156

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. What’s the difference?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Supply Chain Matters

FEBRUARY 22, 2024

The recently completed 2023 holiday fulfillment period, along with 2023 full year performance are now providing added evidence of retail trending in all three dimensions. Amazon’s Blowout In early February, we highlighted Amazon’s blowout financial and operational Q4 and 2023 results. billion in 2023, compared with $12.2

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Last week, Nike reported first quarter 2023 results. Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%. Alignment in Organizations in the Summer of 2022.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

BlueYonder

DECEMBER 18, 2023

Blue Yonder has been named as a Leader in the IDC MarketScape: Worldwide Order Orchestration and Fulfillment Applications for Retail 2023 Vendor Assessment (doc #US49615623, December 2023). Dashboards, reports and alerts drive employee engagement, while analytics and metrics support continuous cost and service improvements.

Optimal Sourcing 94

Optimal Sourcing Procurement Analytics Supply Chain Planning Software Predictive Analytics Software 94

Unleashed

FEBRUARY 1, 2023

This feeds into effective inventory management and supply chain planning , and ensures customers receive their goods in a way that is cost-effective, timely and satisfactory for their requirements. Efficient demand planning ensures the business can balance its supply chain requirements and inventory planning with its customer demands.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Establishing a robust performance monitoring system with key performance indicators (KPIs) and metrics is crucial. Failure to establish Credit Terms or not confirming routing details could lead to unnecessary delays.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

EazyStock

FEBRUARY 11, 2021

Better Inventory Management for eCommerce. Statista projects that eCommerce sales will surpass $740 billion in the US by 2023. B2B ecommerce sales have also accelerated; Forrester projects that 17% of all eCommerce sales in the US will be B2B by 2023. Learn how to improve inventory management for eCommerce in our previous post.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Price Reduction 52

Supply Chain Matters

FEBRUARY 7, 2024

We believe that these inventory management, customer and last-mile fulfillment strategies will have industry wide implications in terms of competitive stakes and cost-to-serve. Across the United States , Amazon elected to change its former predominant west to east coast hub based inventory and fulfilment distribution network.

Supply Chain Network Software 52

Supply Chain Network Software Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

American Global Logistics

JANUARY 30, 2024

Key Economic Indicator #1: Gross Domestic Product (GDP) The Bureau of Economic Analysis (BEA) reported that the annual US GDP rate increased in December 2023. Key Economic Indicator #3: Recession–Business Cycle Contraction As of December 2023, the Wall Street Journal reported that a soft landing was in the making. in December.

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Optimization Supply Chain Price Reduction 52

Supply Chain Matters

JUNE 7, 2023

Logistics Managers Index (LMI) that dropped to an all-time low for May 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. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Logistics Viewpoints

APRIL 4, 2022

A large multinational is undergoing an impressive supply chain transformation that will run through 2023. For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We Comand and Control Center Application from Kinaxis.

Supply Chain Transformation 193

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 193

Supply Chain Matters

APRIL 28, 2023

As The Wall Street Journal reported in its summary of the 2023 World Economic Forum held in Davos, Switzerland , company CEO ’s are giving priority to efficiency and profitability, whether it is to reach a firm’s strategic goals, slim down the workforce, or streamline operations.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Precoro

NOVEMBER 13, 2023

However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. This metric can be used for evaluating current performance as well as for financial forecasting.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

crisp

JANUARY 24, 2024

One of the biggest events in retail in 2023 was the launch of Walmart Luminate , a data platform offering suppliers more visibility and data access than ever before. E-commerce is one of the fastest growing areas of Walmart’s business – up 27% in 2023 thanks to customers embracing pickup and delivery services, Walmart has said.

Procurement Analytics 52

Procurement Analytics Inventory Reduction Report Price Reduction 52

Operations and Supply Chain Management

NOVEMBER 21, 2023

Unlock the Power of Concurrent Planning – 5 Best Practices Victoria Klimova Published Jun 29, 2023 The Future of Supply Chain Planning is Concurrent Concurrent planning can bring significant benefits to supply chain management. This can be done using RapidResponse’s dashboards and reporting capabilities.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Supply Chain Planning Optimal Sourcing 40

Taulia

AUGUST 29, 2023

Choose the right inventory management approach Different companies will opt for different approaches when it comes to inventory management. When implementing supply chain management best practices, companies need to choose the right inventory management approach to meet their objectives.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Optimal Sourcing Sourcing Strategies 52

American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. This metric, referred to as a “Frankenstat” due to its grand scope, has many critics. Cargo capacity exacerbated inventory shortages in the first half of 2023.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

Resilinc

FEBRUARY 7, 2023

YOY in 2022, a metric due partly to its robust sales of mid-size pickups, according to CNBC. What will the Automotive Industry look like in 2023? Going into 2023, it’s likely these factors will continue to play a major role in shaping the automotive industry. million vehicles, a sales total not seen since 2011. sales up by 2.5%

Automotive 62

Automotive Industrial Industry Manufacturing Procurement 62

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Production Lead Time: Beyond reducing carrying costs and inventory levels, an optimized production lead time empowers businesses to respond quickly to changes in market demand.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

Arena Solutions

APRIL 4, 2023

Reshoring and near-sourcing will likely continue to dominate manufacturing trends in 2023 as businesses work to cut their reliance on imports completely or in part. Metrics monitoring Real-time data can be accessed globally using cloud computing. Typically, it means obtaining raw materials from domestic suppliers.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

Taulia

SEPTEMBER 8, 2023

Blog Expert Advice 8 min read 8 Sep 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard How to calculate working capital Working capital is essential for the day-to-day operations of a company. What is working capital? Calculating working capital is straightforward.

How To 52

How To Inventory Reduction Expense Reduction Material Savings 52

Logistics Viewpoints

MARCH 9, 2023

CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue. The post Top Supply Chain Challenges for CPG companies in 2023 appeared first on Logistics Viewpoints. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

ShipBob

JANUARY 23, 2023

And now, in 2023, ecommerce sales continue to accelerate. billion between 2023-2027. How carriers solving for last-mile delivery in 2023 In the United States, 90% of last-mile delivery growth is driven by ecommerce. Today’s customer expectations demand fast and accurate shipping, no matter where they shop online.

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

ThroughPut

SEPTEMBER 29, 2022

Join our upcoming webinar to learn more – Getting your 2023 Supply Chain and Finances Right – The How, Which, and When of Supply Chain Risk Mitigation. Listed below are key improvements for demand planning, inventory management, supply chain operations, and logistics management that the ThroughPut platform focuses on.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Resource Reduction Inventory Reduction 52

Unleashed

APRIL 10, 2023

Deep dive: Check out the 2023 Manufacturing Productivity Guide. Opportunities include underutilised workers, excess inventories , and ineffective processes. TQM relies heavily on data and performance metrics to make decisions about change. What is process improvement in manufacturing?

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52