ToolsGroup

JUNE 11, 2020

ToolsGroup extends congratulations to SKF, which edged out tough competition from other finalists Shell Lubricants and Siemens to win the 2020 Gartner Supply Chainnovator Award in the Industrial category. How much inventory do we hold of that item in all our locations? As SKF’s network grew, planning became increasingly chaotic.

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

QAD

FEBRUARY 7, 2023

Segment the Supply Base The first step in the SRM process is to take a look at your suppliers and determine the appropriate categories to score them on based on your goals. Outsourcing: When you trust a supplier, you can transfer to them time-consuming activities like managing inventory levels or certain aspects of customer service.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Modeling 98

Modeling Optimization Software Inventory Reduction Optimization Modeling 98

Supply Chain Shaman

JUNE 21, 2023

As you read this blog, I hope that you will see me as a positive contrarian versus an old curmudgeon. ” I believe that the industry is stuck. My question is, “How do we break the conventional norms to drive breakthrough thinking?” While companies talk digital, the projects follow traditional supply-centric paths.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

SYSPRO Smarter ERP

OCTOBER 24, 2022

An ISV makes software that is compatible with the ERP system you use. They deliver solutions that provide additional functionality to enhance the ERP system. Typically, ERP vendors offer the broader applications companies need, while ISVs fill gaps in narrow areas of need and augment the ERP software.

Supply Chain Network Software 52

Supply Chain Network Software Supply Chain Software Software System 52

SYSPRO Smarter ERP

MARCH 2, 2022

This means that the past practice of just-in-time inventory management will need to be more flexible and allow a just-in-case approach. Just-in-case involves holding more inventory so that sales are not lost due to inventory being unavailable. Resiliency. The situation changes with a larger number of suppliers. Risk management.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. and bring inventory accuracy up to an impressive 99.9%. What is RFID Technology? RFID tags can reduce out of stocks by up to 80.3%

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

Precoro

APRIL 18, 2023

In this blog post, we'll answer the following questions: What is supply chain visibility? In order to plan inventory and estimate cash flow, companies should know when to expect shipments to arrive, when to pre-order the next one, and how to budget the payments. This can be achieved by improving supply chain visibility.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

My Office Apps

AUGUST 22, 2022

Having the right systems in place especially for warehouse inventory management is more crucial than ever before. If inventory, storage space, materials, and labor are at the center of your operations, some form of warehouse management software is key to running your business more efficiently. WMS integrations in Kechie ERP.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Procurement Solutions Optimization Software 52

EazyStock

JUNE 24, 2020

Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. Inventory optimization software is an important piece of the puzzle. It is critical to helping inventory management teams understand and manage demand and supply variables.

Inventory Management Software 98

Inventory Management Software Inventory Management Procurement Solutions Forecasting Software 98

QAD

JULY 1, 2021

Total manufacturing costs showcase how much your company spent to produce its inventory in a given period of time. This is not to be confused with the cost of goods manufactured (COGM), which refers to just the cost of inventory that was finished and prepared for the sale in the period. What are Direct Materials? What is Direct Labor?

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

Arkieva

JANUARY 6, 2017

Over the past year, the Arkieva Supply Chain Link Blog provided thought leadership and informative posts on supply chain strategy tips, trends, and news. Here is a list of the Top 20 Supply Chain Strategy Blog Posts from 2016. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent?

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

SYSPRO Smarter ERP

MARCH 21, 2022

Primarily this meant increasing inventories as opposed to other strategies like nearshoring. It seems that manufacturers found it much quicker and cheaper to increase inventories than build regional factories. It can also enable the new model of inventory management needed for a resilient supply chain – Just-in-Case (JIC).

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Forecasting Software 116

Supply Chain Shaman

JUNE 26, 2016

Inventory Turns. Better performance in inventory turns than the peer group average for the period of 2006-2015. Listed in the runners-up category, are companies that met the improvement ranking, but are performing slightly below the industry average for ONE of the performance factors. A Personal Reflection. Operating Margin.

Supply Chain Design Software 191

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 191

RFgen

JULY 30, 2020

More organizations are moving ERP environments to the cloud. Security remains a top concern for ERP customers. Mobile barcoding solutions seamlessly leverage and enhance cloud ERP security protocols. ERP cloud security is a concern as more companies transition to cloud ERP environments.

Security 52

Security Supply Chain Design Software Optimization Software Supply Chain Software 52

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

RFgen

JULY 30, 2020

More organizations are moving ERP environments to the cloud. Security remains a top concern for ERP customers. Mobile barcoding solutions seamlessly leverage and enhance cloud ERP security protocols. ERP cloud security is a concern as more companies transition to cloud ERP environments.

Security 52

Security Supply Chain Design Software Optimization Software Supply Chain Software 52

Supply Chain Game Changer

MARCH 9, 2022

Within the project, materials can be further grouped into categories, giving rise to organizational strategy project-based procurement called category procurement , where items are grouped into categories derived from their similarity and managed accordingly. Operational Procurement.

Optimal Sourcing 108

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 108

SCMDOJO

NOVEMBER 2, 2023

We introduce the top 20 supply chain specialist you should hire in this blog. Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. It guarantees the smooth movement of commodities, services, and financial resources, enabling businesses to flourish in cutthroat markets.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

EazyStock

MARCH 14, 2023

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. Eliminate unnecessary inventory costs and reduce inventory values All companies have different conditions (and challenges), and there’s no one-size-fits-all solution.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Matters

APRIL 14, 2023

The Supply Chain Matters blog features our April 14, 17, 2023 edition of This Week in Supply Chain Management Tech , a synopsis capsule of noteworthy supply chain management focused technology news. Everstream ranked number three in the data science category for its application of AI and predictive analytics to global supply chain risk.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 52

EazyStock

JANUARY 21, 2021

Dynamics 365 Business Central, or Dynamics BC, is Microsoft’s newest ERP to the market. EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment. Microsoft Dynamics 365 Inventory Management Features. Link items to create a bill of materials for production.

Inventory Management Software 52

Inventory Management Software Inventory Management Forecasting Software Optimization Software 52

QAD

MAY 26, 2021

Streamline processes and make smart data-driven decisions to meet the needs of manufacturing with applications and software that support: Enterprise Resource Planning (ERP). QAD’s solution portfolio includes next-generation ERP software and systems to keep pace with emerging business disruptors and industry-specific change.

Procurement Solutions 52

Procurement Solutions Supply Chain Planning Software Supply Chain Design Software Analytics Software 52

New Horizon Supply Chain Blog

FEBRUARY 23, 2024

What Is Demand Planning Within the realm of supply chain management, demand planning is the process of forecasting and managing customer demand so that organizations can make appropriate decisions about future procurement, production, inventory, distribution, hiring, and capital investment.

Supply and Demand 52

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

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. Subscribe to Supply Chain Game Changer.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Precoro

NOVEMBER 7, 2022

However, these items fall under a different category, and today we're going to learn which is which. Let's look closely at how they work in different categories. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility. What is Direct Procurement?

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

ThroughPut

DECEMBER 5, 2023

Since demand forecasting is more than just looking at historical data and making educated guesses, we’ve compiled our know-how in an “all-you-need-to-know” blog post to shed some light on this topic and provide actionable advice. Let’s start with the definition. What is Demand Forecasting?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Supply Chain Shaman

JANUARY 30, 2019

So instead of wearing out the sheets, I thought that I would do some blogging. Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. In this blog, I will focus on current market confusion. I hate jet lag.

Supply Chain Planning Software 154

Supply Chain Planning Software Modeling Software Modeling Analytics Software 154

Supply Chain Game Changer

JULY 16, 2020

Accepting or submitting orders via email allowed companies to have electronic paper trails to maintain accurate inventory counts and keep clients satisfied. Enterprise resource planning (ERP) platforms also paved the way for supply chain improvements. Digital Supply Chain Overview!

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Supply Chain Network Software 124

QAD

MAY 19, 2021

While spreadsheets and manually tracked processes can help organize internal processes in the early days of any business, manufacturers and suppliers often turn to enterprise software like ERP or CRM to help scale their business. But when do you need ERP and CRM? What is ERP? ERP stands for Enterprise Resource Planning.

Supply Chain Planning Software 52

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

EazyStock

JULY 13, 2020

In this four-part blog series we look at the impact COVID-19 has had on supply chains and how inventory optimization software can help. In this post we focus on inventory planning and how to optimize stock levels despite erratic customer behavior and supply restrictions. Identifying and Managing Critical Stock During COVID-19.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Forecasting Software Optimization Software 52

EazyStock

FEBRUARY 26, 2020

Stock Availability – A Common Inventory Management Challenge. As small- and mid-sized businesses (SMBs) try to remain competitive, many are coming up against inventory management challenges. In this three-part blog series we’re looking at three of the most common inventory management issues faced by stock holding companies.

Modeling 52

Modeling Inventory Management Software Forecasting How To 52

EazyStock

FEBRUARY 7, 2020

Inventory Management, Business Growth & Expanding Product Portfolios. At EazyStock we talk to a lot of small- and mid-sized businesses (SMBs) who are struggling to effectively manage their inventory. In this three-part blog series we’re looking at each of these inventory management problems.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Management Software Forecasting Software 52

IQMS

JANUARY 9, 2020

Running lean and struggling to find the employees they need to keep up the pace of production across their shop floors, small and mid-tier manufacturers are prioritizing Inventory Control and Scheduling to make themselves as efficient as possible. What we learned together creates the foundation of our top ten manufacturing trends for 2020.

Trends 91

Trends Manufacturing Predictive Analytics Software Supply Chain Design Software 91

ThroughPut

NOVEMBER 30, 2023

has launched its new SKU Rationalization solution – exclusively integrated with SAP S/4 HANA, SAP Data warehouse cloud and SAP ERP software – to empower SAP customers with the ability to generate rapid free cash flow improvements by optimizing their product mix to perfectly match demand. That’s exactly why ThroughPut.ai

SAP 52

SAP Optimal Sourcing Supply and Demand Data 52

My Office Apps

DECEMBER 4, 2019

Read on for a differentiation of logistics and SCM, and an overview of a cloud-based ERP software that helps streamline both processes. Logistics management is further divided into two categories, as shown below: Inbound Logistics : This is the movement of raw materials and goods from a supplier to the company. What is Logistics?

Supply Chain Design Software 57

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Supply Chain Design 57

Bristlecone

AUGUST 17, 2020

A journey from kindergarten to high school is a rigmarole, where the subject of this journey simply follows a set pattern, often without really knowing what goals he or she wants to reach and why. Many continue in the same way beyond high school, going straight into college, but some show courage to take a break for a year. Beyond 2020.

Optimal Sourcing 98

Optimal Sourcing Modeling Scenario Planning Manufacturing Procurement 98