ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Synovos

FEBRUARY 6, 2024

Integrated Supply in 2024: Three Trends Reshaping the Industry When it comes to the three biggest trends within integrated supply this year, the need for accurate data is a common thread. AI will continue to make headlines in 2024, but within the world of integrated supply, it is already making a difference on the ground. “AI

Trends 52

Trends Logistics Network Optimization Software Procurement Solutions Optimal Sourcing 52

Locus Robotics

JANUARY 2, 2024

Home January 02, 2024 5 Ways to Cope with Changing Logistics Demand in 2024 Inés Alcántara , Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. The main benefits of accurate demand forecasts are: 1.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Shaman

APRIL 16, 2024

Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. For example, inflationary costs, lead time variability, conversion rates, etc.) Focus on improving operating margin, inventory turns, and revenue/employee simultaneously.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

ThroughPut

APRIL 11, 2024

Customers will now be able to see inventory projections in the near, short, and long term, enabling them to expose risks, highlight recommended actions early, and evaluate the overall state of their inventory PALO ALTO, CA, April 10, 2024 /PRNewswire/ — ThroughPut Inc. ,

Modeling 52

Modeling Supply Chain Planning Software Inventory Predictive Analytics Software 52

ThroughPut

APRIL 11, 2024

Customers will now be able to see inventory projections in the near, short, and long term, enabling them to expose risks, highlight recommended actions early, and evaluate the overall state of their inventory PALO ALTO, CA, April 10, 2024 /PRNewswire/ — ThroughPut Inc. ,

Modeling 52

Modeling Supply Chain Planning Software Inventory Predictive Analytics Software 52

Supply Chain Shaman

DECEMBER 7, 2023

In addition, the Council will conduct a supply chain review by December 31, 2024, to evaluate the impact of the supply chain on National Security Lora’s Take I think that we need to be skeptical without getting political. Let me give you an example. I am currently doing research on inventory management. Yes, I think so.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Locus Robotics

JANUARY 2, 2024

An example of AI-enabled workflow optimization is traffic heat maps that you can use to identify and eliminate bottlenecks in your warehouse picking routes or putaway processes. The post 5 Ways to Cope with Changing Logistics Demand in 2024 appeared first on Locus Robotics.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

ToolsGroup

SEPTEMBER 18, 2023

Read the Q&A with Inna Kuznetsova for her latest insights on AI, innovation, 2024 supply chain trends, and women in supply chain HERE. This is the third consecutive year Kuznetsova has been recognized for this award. Go to [link] to view the full list of winners. 14-15, 2023 in Atlanta.

Supply Chain Planning Software 156

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

Logility

OCTOBER 19, 2023

Although inflation has eased in many countries over the past summer, CPG prices are still rising faster than real wages and showing no signs of leveling off in 2024. To gain control over their costs and pricing, supply chain leaders must capitalize on the recent stabilization of production capacity and inventory levels.

Network Optimization Software 130

Network Optimization Software Modeling Network Optimization Supply Chain Optimization 130

Vinculum

JANUARY 30, 2024

An example of this is products like Dollar Shave Club. An example of this is Warby Parker revolutionizing the eye wear market dominated by Luxottica by providing value. For example, a brand may focus on serving existing customers or building a new customer base domestically first before building a new customer base internationally.

Optimal Sourcing 52

Optimal Sourcing Trends Procurement Analytics Sourcing Strategies 52

Logistics Viewpoints

FEBRUARY 8, 2021

Companies are beginning to explore on-demand manufacturing rather than traditional manufacturing models, meaning they can keep less physical inventory on-hand. The best guess on when we might see autonomous trucks delivering loads without drivers in the truck to take over in case something goes wrong is 2024.

Supply Chain Planning Software 287

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 287

Stord

MARCH 13, 2024

For example, G.O.S.S. Today, Stord One Warehouse powers Stord’s fulfillment operations shipping tens of millions orders annually, as well as leading brands and 3PLs. With thousands of users on the platform shipping hundreds of thousands of orders per day across dozens of facilities, Stord’s WMS has proven its scalability.

3PL 60

3PL Vendor Strategies Omnichannel Supply Chain Software 60

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. In another example, Narvar’s study on “keep the item” returns demonstrates that: 65% of people appreciate that returnless refunds save them time and money. 40% would be more likely to recommend the retailer to others.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Logistics Viewpoints

JANUARY 23, 2024

This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond. The example they gave me was to understand the yield for a burger with pickles at a QSR.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Supply Chain Matters

DECEMBER 28, 2023

Consumers were expecting that there would be adequate inventory of goods even up to two days before Christmas. Supply Chain and Customer Fulfillment Performance On a positive note, this year’s holiday buying period did not include reports of major inventory shortages or supply chain snafu’s. All rights reserved.

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

Vinculum

JANUARY 30, 2024

An example of this is products like Dollar Shave Club. An example of this is Warby Parker revolutionizing the eye wear market dominated by Luxottica by providing value. For example, a brand may focus on serving existing customers or building a new customer base domestically first before building a new customer base internationally.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Sourcing Strategies Trends 52

ThroughPut

MARCH 15, 2024

It’s no wonder that a KPMG study has found that 50% of supply chain organizations plan to invest in artificial intelligence (AI) applications and advanced analytics capabilities through 2024. For example, what is the overall workflow? Are you losing money to inventory mismanagement? For example, top reasons why ThroughPut.ai

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

It’s no wonder that a KPMG study has found that 50% of supply chain organizations plan to invest in artificial intelligence (AI) applications and advanced analytics capabilities through 2024. For example, what is the overall workflow? Are you losing money to inventory mismanagement? For example, top reasons why ThroughPut.ai

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. Take forecasting consumer buying patterns for example. I’m never one to jump on the bandwagon with emerging technologies.

Predictive Analytics 72

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 72

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. Let’s see the most common trends in 2024. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts.

Optimal Sourcing 52

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

ThroughPut

MARCH 28, 2024

billion in 2024. Detection of nutritional constituents and allergens in food, optimizing routes and schedules of food delivery, and inventory management are some of the other ways AI is helping the food production industry. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Logistics Viewpoints

SEPTEMBER 22, 2023

A notable example of greenwashing is when McDonald’s introduced paper straws to reduce plastic pollution. Although port volumes increased in August, demand remains lower as shippers continue to face excess inventory levels. The robots already work in Agility’s customer sites moving, loading and unloading totes.

Los Angeles 221

Los Angeles Material Savings Logistics Network Optimization Software Waste Reduction 221

Resilinc

AUGUST 30, 2023

The impact of the bottleneck goes beyond the canal itself, causing delays in container shipping and inventory replenishment along various shipping routes. Other waterways have also been impacted by climate change The Panama Canal is just the latest example of how climate change can impact logistics in waterways.

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

ThroughPut

FEBRUARY 2, 2024

Static vs. Dynamic Inventory Management Without Advanced Supply Chain Analytics: Inventory management might be based on static rules or historical sales data, potentially leading to overstocking or stockouts. Here’s a look at some real-world examples and applications of supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

C3 Solutions

JULY 28, 2020

What's interesting is how the use of IoT technologies to track inventory throughout the supply chain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions. in 2019, for example. When people ask about examples of IoT in retail, I talk about this pilot.

Internet of things 78

Internet of things Retail Real-time Visibility Optimal Sourcing 78

ToolsGroup

OCTOBER 3, 2022

For example, according to a recent PwC survey, acquiring and maintaining talent is one of the top two risks for business executives. Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.”

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

ToolsGroup

FEBRUARY 7, 2022

or the ability to order groceries while waiting at the doctor’s office, MCommerce sales are expected to exceed 400 billion US dollars in 2024. Take Burlington, for example. For example, there’s the joy of instant gratification (and the glorious feel of a glossy Sephora shopping bag) as well as the support of store associates.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Locus Robotics

DECEMBER 18, 2023

Known warehouse pain points like repetitive tasks, order picking, and inventory management are prime automation targets. Provide your associates with specific examples why automation is essential for efficiency and job growth, including that it will help to upskill them instead of replacing them.

Warehousing 52

Warehousing Purchasing Training Expense Reduction Analytics Software 52

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. In 2022, inflation rates peaked at 9.1%

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Reduction 52

Supply Chain Matters

JULY 18, 2023

the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. The reduction in component level dependency for Dell was, according to Nikkei reporting, expected to take until the end of 2024 to complete. For those businesses located in the U.S.,

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

C3 Solutions

JULY 30, 2020

In a recent report, RSR Research claims that IoT for retailers is not at its heart about saving costs, although that is a side benefit of the inventory accuracy and information IoT delivers. Its ability to bring about accuracy and efficiency to both inventory and inventory-related tasks absolutely has a cost-benefit component.

Gartner 127

Gartner Internet of things Supply Chain Design Software Supply Chain Software 127

EazyStock

AUGUST 8, 2023

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. In 2024, this will be from February 9-15. For example, how much extra stock do you order to cover your forecasts? The post Inventory planning to reduce Chinese New Year disruption appeared first on EazyStock.

Inventory Reduction 52

Inventory Reduction Resource Reduction Forecasting Scenario Planning 52

Supply Chain Matters

MAY 22, 2023

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. The industry will likely not know the answer until 2024. The April report commentary took note that European and U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52