Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Supply Chain Shaman

APRIL 16, 2024

Last week, I published an article on outside-in planning. The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. Focus on improving operating margin, inventory turns, and revenue/employee simultaneously. in inventory value.

Supply Chain Planning Software 217

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

ToolsGroup

JANUARY 7, 2020

You can’t scan the headlines without coming across an article or advertisement about sustainability, but there is precious little information about how supply chain planning software supports green initiatives. Having the right inventory in the right location brings a variety of waste-reduction benefits.

Inventory Reduction 194

Inventory Reduction Supply Chain Planning Software Waste Reduction Vendor Strategies 194

Supply Chain Game Changer

JUNE 30, 2022

The Importance of a Strong Supply Chain and Logistics Strategy! For a supply chain to run smoothly it needs to be well managed under the right strategy for your business objectives. Below are three building blocks of a well-managed supply chain strategy to help you boost efficiency and lower costs. Demand Planning. Conclusion.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 78

Logility

APRIL 20, 2022

Every industry article, news segment, analyst research paper, and boardroom conversation offers varying perspectives on the real issues impacting supply chain performance and the best way to fix them. If resilience is the panacea to today’s supply chain challenges, it seems that everyone has a different prescription. Feeling overwhelmed?

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

Arkieva

MAY 26, 2021

Often inventory is considered the simplest component of supply chain management that can successfully be managed separately. We will first review the basics of CPE and then address the use of target inventory (specifically ending finished goods inventory EFGI) in CPEs.

Price Mitigation Strategies 154

Price Mitigation Strategies Training Modeling Inventory Reduction 154

EMERGE App

DECEMBER 19, 2023

Inventory management is a tough task, especially when you’re starting out. There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market. Best Inventory Management Books of All Time: 1.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Supply Chain Game Changer

JULY 7, 2021

You Need A Blue Ocean Strategy! Amazon Supply Chain strategies article and permission to publish here provided by Jae Jun. Amazon Supply Chain Strategies. Automation is just one of the many Amazon Supply Chain strategies. This is how Amazon communicates inventory demand to the sellers. Subscribe Here!

Inventory Reduction 100

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 100

Arkieva

OCTOBER 6, 2017

When you talk to any manufacturer no matter how large or small about their concerns, improved inventory management is bound to be a part of the conversation. Manufacturing Day 2017: [Infographic] The Evolution of Inventory Management Strategies was first posted on October 6, 2017 at 9:00 am.

Inventory Reduction 72

Inventory Reduction Inventory Management Supply Chain Strategy Price Mitigation Strategies 72

Supply Chain Game Changer

MARCH 26, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Use ABC Analysis to Categorize Your Inventory. The use of ABC analysis to categorize inventory is not a new concept.

Inventory Management Software 124

Inventory Management Software Inventory Management Inventory Reduction Inventory 124

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 93

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 93

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Logistics Viewpoints

DECEMBER 5, 2023

This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at cybersecurity planning frameworks. This information is then used to develop a risk management strategy that takes into account the potential impact of different types of cybersecurity incidents. To read the full article, click HERE.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Network Software 239

Supply Chain Game Changer

JANUARY 19, 2022

Strategies to improve your Supply Chain article and permission to publish here provided by Claire Glassman. The supply chain is a significant part of your overall business strategy and inventory management. The post 7 Strategies to Improve Your Supply Chain! Subscribe to Supply Chain Game Changer. Conclusion.

Vendor Strategies 109

Vendor Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 109

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Smart logistics strategies can reduce wastage and improve operational costs. Subscribe Here! Email Address.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Supply Chain Game Changer

APRIL 27, 2022

Featuring Our 10 Best Inventory Management Articles! However, to have a profitable online selling business, it’s crucial to understand the importance of inventory management in eCommerce. An effective inventory management system is one of the most crucial elements of running a sustainable eCommerce business.

Inventory Management Software 85

Inventory Management Software Inventory Reduction Inventory Management Inventory 85

C3 Solutions

AUGUST 30, 2022

With companies struggling to manage inventory across global networks, volatile markets, and uncertain global conditions, shipping companies, freight forwarders, and other stakeholders will likely face increasing costs. Instead, modern supply chains need to be agile to be relevant.

Agile and Lean Supply Chain 148

Agile and Lean Supply Chain Inventory Reduction Cost Reduction Strategies Supply Chain Strategy 148

Logistics Viewpoints

JUNE 29, 2023

This article explores the disruptive nature of supply chain disruptions, the significance of collaboration in managing direct spend, the role of Purchase Order (PO) Collaboration in tracking materials throughout the order cycle, and real-world challenges faced in PO Collaboration.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

Supply Chain Shaman

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. Holistic design of the form and function of inventory with a focus on setting inventory targets for each flow.

S&OP 309

S&OP Supply and Demand Forecasting Supply Chain Design Software 309

Supply Chain Shaman

DECEMBER 7, 2022

Recently, work has been slower than usual, and I have not been traveling, so I have been writing an article daily. Forbes has a contest, and as a Forbes contributor, I have been competing to up my rankings (thanks for reading my articles). This comment is the genesis of this article. What did work?” He was right.

Inventory Reduction 52

Inventory Reduction Material Savings Supply Chain Strategy Price Mitigation Strategies 52

ShipBob

NOVEMBER 24, 2023

The root of many inventory management challenges lies in treating all stock equally—when in reality, each item should be assessed and segmented individually. This is where inventory segmentation can help. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

ToolsGroup

SEPTEMBER 26, 2023

Fabrizio Fantini, Founder and CEO of Evo commented, “Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations. Resources Learn more about this exciting partnership HERE.

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

QAD

JULY 28, 2020

Establishing a Digital Transformation Strategy. There are a lot of terms and technologies out there when considering digital transformation, so establishing a true-to-fit digital transformation strategy can seem challenging, even overwhelming. It’s important to remember, too, that no two digital transformation strategies are the same.

Material Savings 96

Material Savings Resource Reduction Inventory Reduction Cost Reduction Strategies 96

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. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

ShipBob

DECEMBER 13, 2023

The success of any ecommerce business depends greatly on how it manages its inventory health. Now, for some, inventory health may not be an immediate concern. You might say, “I’ll just order plenty of inventory and wait until it sells out.” What is inventory health?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Supply Chain Game Changer

NOVEMBER 11, 2020

Featuring Our 10 Best Warehouse Order Fulfillment Articles! Peak season article and permission to publish here provided by Dave Joseph at veridian.info. The Problem With Poor Peak Season Fulfillment Strategies. There is a common factor plaguing peak season fulfillment strategies. Subscribe Here! Email Address.

Inventory Reduction 84

Inventory Reduction Supply Chain Strategy Price Mitigation Strategies Strategy 84

Supply Chain Game Changer

JANUARY 22, 2021

Featuring Our 10 Best Inventory Management Articles! Small business inventory management tips article and permission to publish here provided by Simcha Michael. Many overwhelming strategies, processes and techniques will come your way if you have to learn and perform inventory management. Get Our EBOOK HERE.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Unleashed

AUGUST 6, 2023

It’s a handy sales strategy to keep in your business toolbox – and can be essential to success in highly competitive markets. In this article, we do a deep dive into competitive pricing to outline key strategies, how they impact your profit margins , and how competitive pricing works with real-life examples. Coffee chains.

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

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

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. Some examples of how to meet customer demand and stay agile include: Storing inventory in several distribution centers. Inventory management.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Learn more: Inventory Accounting – A Free Video Guide for Accountants & Advisors What is Days Sales of Inventory (DSI)? It’s also known as Days Sales in Inventory and Average Age of Inventory.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Supply Chain Game Changer

SEPTEMBER 23, 2022

On the other hand, inefficient distribution centers are prone to inventory inaccuracy and poor warehouse layout. This article provides seven effective strategies to optimize your distribution center. Regularly Monitor Inventory. Therefore, you should use these seven strategies to optimize your distribution center.

Inventory Reduction 52

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 52

Ware2Go

APRIL 20, 2023

Learn how to calculate inventory days on hand and how it can help improve cash flow and the overall efficiency of your business. Written by Phyllis Jackson What Is Inventory Days on Hand? Inventory Days on Hand is a measurement of how many days it takes a business to sell through their stock of inventory.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Optimization Software 52

Unleashed

APRIL 18, 2023

Great inventory management comes down to good systems, good processes, and constant improvement. The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. Product strategies. Operational strategies.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245