Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Why Has Inventory Been so Hard to Come By? Near the start of the pandemic, the inventory-to-sales ratio in the U.S. This approach would have an inventory-to-sales ratio of close to 1.0.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Logility

MAY 26, 2022

25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. The bullwhip effect creates a demand-constrained supply chain marked by excess inventory, production planning problems, and even adversely affects customer service. So how do you manage a supply chain with demand constraints?

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

ShipBob

SEPTEMBER 25, 2023

CBD products come in many forms, such as supplements, beverages, skincare, pet care, and more, so it has also become a popular product among ecommerce sellers. Before you start selling CBD products online , you should know exactly what to expect and how to prepare. Table of Contents ** Minutes What is CBD?

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. COVID-19 triggered an unprecedented surge in panic buying of food, beverages, hand sanitizer, toilet paper, and other essentials. Does any of that sound like the past two years or so?

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. The key to creating an effective market-driven demand plan is access to rich forecasts based on inputs from multiple sources.

Optimal Sourcing 174

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 174

Stord

MARCH 29, 2020

We’ve already talked about how to best prepare for disruptive and unprecedented events like coronavirus, but what do you do once it’s already here? If our network of 350+ 3PLs doesn’t have space, we’ll source it for you. Our team of operations specialists is ready to reach out to our partners.

Supply Chain Network Software 78

Supply Chain Network Software Network Optimization Supply Chain Software Inventory Management Software 78

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. Kroger collaborates with thousands of food and beverage, health, beauty, and personal care companies to service roughly 2,800 stores.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Logility

MARCH 13, 2020

Everyone is working hard to figure out how to stay safe, what is going on, how to minimize the impact to our personal lives and the companies we work for, and to plan for the future. Where will you place that inventory? The responses vary quite a bit. Even Amazon is struggling! An outbreak of the Avian Flu in the Midwest U.S.

Modeling 211

Modeling Scenario Planning Supply Chain Planning Software Modeling Software 211

Unleashed

MAY 19, 2020

Now it’s getting tougher – the craft brewing business has so many more breweries starting up and you need to compete smarter in this growing market, think about your customers more efficiently and focus on how to actually track and trace everything you need to make your beer. How many due to production failures? Customer service.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

ThroughPut

MAY 25, 2021

How To Leverage The Benefits Of S&OP For The Food And Beverage Industry? So, how do you get and maintain a competitive edge over the others in the global market? The supply plan must reduce inventory and operating costs while balancing customer service. You have a superior line of products but so do your competitors.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning S&OP 52

Unleashed

JANUARY 29, 2024

Stock-keeping-unit (SKU) rationalisation is an inventory management method for improving the performance and profitability of your business. This article looks at the SKU rationalisation process, how to utilise SKU rationalisation analysis for your business, and some essential best practices for implementing it.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Shaman

AUGUST 7, 2019

Here I share insights on how to get started using a four-step process. ” Or alternatively, “Is there data that could be sourced to help?” The company is a food and beverage company. inventory turns. for inventory turns define best-in-class performance? Time For A Supply Chain Check-Up?

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

Logility

AUGUST 24, 2023

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 146

Supply Chain Shaman

SEPTEMBER 10, 2020

Food and beverage companies are experiencing double-digit demand. While many companies attempt to improve the response by being reactive on traditional data sources, this is not the answer. Take slow steps to understand how to define process capabilities. Most are capacity constrained. What To Do? My caution? What to do?

Supply Chain Planning Software 421

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 421

Unleashed

DECEMBER 14, 2021

A wholesale food distributor acts as a middleman between food and beverage manufacturers and operators, supporting the end-user by streamlining product distribution. They buy in bulk from the original source of the produce – such as the farmer or markets – and can often negotiate discounted pricing.

Food 98

Food Purchasing Skills Distribution Price Reduction 98

RFgen

MARCH 10, 2023

Order picking is a critical process in warehouse management that involves selecting items from inventory and assembling them into customer orders. In this article, we will discuss the importance of order picking in warehouse management and how speed and accuracy impact warehouse efficiency. READ MORE: Help! My Warehouse is a Mess!

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

Elementum

SEPTEMBER 11, 2015

It just means changing up their sourcing and working with suppliers to make those changes. The good news is that working with suppliers increases transparency, which allows for a better look at how supply chains function. We take a look at the most common methods of switching to a natural supply chain, and how to avoid common issues.

Food 60

Food Beverage Purchasing Skills Procurement Solutions 60

Unleashed

FEBRUARY 4, 2024

For retailers, inventory is more than just a list of products: It’s also the mainstay of your retail operations, the source of your revenue, and the foundation of customer satisfaction. Retail inventory management is therefore the key to managing inventory costs and movements effectively.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 52

Supply Chain Shaman

JULY 21, 2022

To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. Leaders start by answering the question, “How to design the supply chain to drive unique value for customers?”

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

RFgen

MARCH 22, 2023

And if you haven’t already, make sure you have mobile barcoding integrated into your inventory handling processes to ensure resilience and agility when it comes time to pivot. Mobile barcoding can also prevent inventory management mistakes, reducing the rate of returns and lost stock, both of which cost the company money.

Waste Reduction 52

Waste Reduction Material Savings Inventory Reduction Supply Chain Planning Software 52

Unleashed

AUGUST 18, 2021

For these businesses the question becomes how to optimise the reverse logistics process to improve the customer experience, reduce the cost of waste, add value to products by recycling and repurposing, and become more sustainable. The aim of a circular supply chain is to reduce landfill down to zero – or as close to it as possible.

Reverse Logistics 98

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

RFgen

FEBRUARY 28, 2023

This involves collecting data on the source of each material, including the country of origin, the supplier, and the conditions under which it was produced. This includes tracking how the product is used, how long it lasts, and any issues that may have arisen with the product.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 52

Unleashed

MAY 3, 2021

Starting a new company is risky – and the food and beverage industry is no exception. If that isn’t hard enough, then adding in specific conditions to how the food is made produces a new set of challenges. They spent two years on research and development and came up with a patent-pending process on how to do it.

Inventory Management Software 98

Inventory Management Software Sri Lanka Demand Planning Software Procurement Solutions 98

Zipline Logistics

SEPTEMBER 15, 2020

However, they are not only an inconvenience to consumers but also a substantial source of lost revenue for both retailers and vendors. According to IHS Markit, the combined inventories of wholesalers and retailers rose 0.5% Venture capital has poured into the CPG space, specifically into food and beverage startups.

Cost Reduction Strategies 52

Cost Reduction Strategies Optimal Sourcing Buyer Training Vendor Strategies 52

Supply Chain Matters

MAY 9, 2023

Astoundingly, by the December of 2021, Pfizer was able to secure emergency authorization and approval for its mRNA based vaccine, along with a preliminary plan on how to produce high volumes and distribute this vaccine. Inventory levels in retail channels remain at high levels because of bullwhip excess ordering.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Pharmaceutical Supply Chain Planning 52

NC State SCRC

JUNE 27, 2019

Here is a look some of the biggest, and a discussion of how warehouse automation benefits manufacturers. Whether in pharmaceuticals, food and beverage or any other sector, manufacturers face the same challenges: how to lower costs and cut lead times while maintaining or improving quality. Other Sources: [link].

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Software Optimal Sourcing Warehousing 40

CH Robinson Transportfolio

APRIL 19, 2021

A contributing factor is inventory build ahead of the summer food and beverage season that begins with Memorial Day. Finally, the retail industry inventory-to-sales ratio continues at very low levels. How the stimulus is an extraordinary event creating freight demand. How to succeed in a tight trucking market.

Modeling 46

Modeling Supply and Demand Demand Planning Software Forecasting 46

Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Unleashed

APRIL 15, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation?

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. Lesson #1: Global supply chain challenges have businesses turning to local suppliers.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Logility

DECEMBER 3, 2019

Accelerate your Food and Beverage Business through End-to-End Supply Chain Capabilities. I have worked as a supply chain practitioner in a number of industries, but have found the supply chain challenges in the food & beverage industry to be some of the toughest to address.

Optimal Sourcing 136

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Analytics Software 136

Zipline Logistics

DECEMBER 2, 2019

Big box stores now keep a low, agile inventory that is built for quick turnaround and replenishment from its suppliers. To keep that inventory properly supplied and functioning as intended, stores now require that vendors have basically error-free supply chains. Simple Truck Issue Equals Retail Shipping Headache for Snack Company.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Shipping Retail 52

RFgen

JUNE 8, 2023

Key Takeaways: Inventory management software with built-in automation has been found to increase accuracy and profits. There is no one-size-fits-all solution for inventory management software—it’s about the best product for your business objectives and industry. And with the average on-hand inventory quantities up 8.3%

Inventory Management Software 57

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 57

ShipBob

JANUARY 22, 2020

If you’re thinking about starting a health, beauty, and wellness online store, or you’re looking to grow to the next level, here’s everything you need to know about the current industry and how to scale efficiently. Hint : Storing your inventory in one location may not be substantial in the long run.). Your customer base is expanding.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Expense Reduction 52

Unleashed

APRIL 3, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation?

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction Strategies 52

QAD

MAY 19, 2021

Food and Beverage. Customer information funnels into a business through a variety of different sources, including sales phone calls, marketing forms, emails, social media networks, customer support calls, website chats and external sales meetings. Warehouse & Inventory Management. How to Select an ERP or CRM System.

Supply Chain Planning Software 52

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