ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Knowing the importance of managing the return of merchandise, let’s look at the goals and benefits of a customer-centric return policy. Retail Returns Statistics Demonstrating the Path to Business Growth.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Shaman

JULY 19, 2020

Here, in this blog, I explain. What Is Supply Chain Excellence? What Is Supply Chain Excellence? My first observation is that the best supply chains are fit for function. Excellent firms don’t believe in excellence – only in constant improvement and constant change. Tom Peters. How do you define value?”

Supply Chain Design Software 400

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 400

My Office Apps

NOVEMBER 2, 2023

One key to achieving seamless production and satisfied customers is managing resources effectively. In this blog post, we will guide you through the basics of MRP and how it can be a game-changer in your manufacturing success. What is MRP? Challenges with MRP MRP systems are not without their challenges.

Manufacturing Procurement 79

Manufacturing Procurement Supply Chain Planning Software Forecasting Software Demand Planning Software 79

ToolsGroup

NOVEMBER 23, 2021

7 practical strategies to minimize risk and manage supply chain shortages. Use analytics to put your available inventory to the best use. Chances are you do have some inventory–make sure it’s being put to the best use with automation and data analytics. Get your product portfolio in shape.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

AIMMS

FEBRUARY 16, 2021

What exactly is Sales and Operations Execution (S&OE)? The top 3 bottlenecks companies experience tend to be poor internal alignment between departments, raw material and product availability, and inventory levels and management. Read on to get a summary or click here to watch the recording.

Modeling 311

Modeling Scenario Planning Supply Chain Planning Software S&OP 311

Resilinc

MARCH 30, 2021

This is Part 2 of our four-part blog series based on Resilinc’s Ultimate Guide to Supply Chain Resiliency. If your company has a mature and well-function SCRM program, then these blogs can help you validate what you’re already doing and provide ideas for fine-tuning your program. It starts with building a business case.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Planning Material Savings 62

ToolsGroup

FEBRUARY 23, 2021

What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging. What magic is this, you ask?

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Modeling Optimization Software 156

SYSPRO Smarter ERP

OCTOBER 9, 2023

Cost efficiency, quality management and traceability are major issues for companies in this region. The question company managers face is what software solution can help them keep machines busy as well as monitor performance and progress in their areas of concern. The significant cost items are labor, materials and machinery.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

Enterra Insights

AUGUST 29, 2023

“The human race has long appreciated that disruptions are part of life,” writes the staff at Logility, “they come in waves, and the best laid plans don’t always result in the outcomes we work to achieve.”[1] He asks, “Have we been living in a polycrisis [era] all along?

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization. Inventory optimization.

Forecasting 105

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

GlobalTranz

JULY 1, 2021

Tracking transportation metrics provides more objective and relational context for understanding how transportation best practices enable improvement and automation across an enterprise. Which Transportation Metrics Should Shippers Track to Manage Transportation. Why Monitor Transportation Metrics.

Metrics 315

Metrics Transportation Vendor Strategies Logistics Network Optimization Software 315

ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? In a blog at the very start of the COVID-19 outbreak when confirmed cases had just exceeded 40,000, we discussed the considerations for organizations facing the outbreak. Supply Chain Risk Management on the World Stage – Lessons Learned.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization. Inventory optimization.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 98

ToolsGroup

SEPTEMBER 9, 2020

How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? They care if you have the inventory they want when they want it. But carrying too much inventory can reduce profits and might not be practical for some items such as fresh goods. How do you turn a good forecast into a great inventory plan?

Forecasting 156

Forecasting Modeling Forecasting Software Inventory Reduction 156

Logility

MARCH 12, 2021

When the Finance Manager who had designed the reports resigned, the organization knew it had to figure out a better plan for using their data. When the Finance Manager who had designed the reports resigned, the organization knew it had to figure out a better plan for using their data. Teams were disappointed. New B eginnings.

Supply and Demand 191

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 191

SYSPRO Smarter ERP

DECEMBER 12, 2022

While basic aspects have not changed since Luca Pacioli invented it in 1494, the world and technology have introduced new and additional practices for managing a GL. Most organizations do this periodically, so they can manage revenue and expenses, either against budget or prior period figures.

Supply Chain Design Software 111

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software System 111

QAD

MAY 24, 2023

Best practices are required in every industry to keep up with today’s digital landscape. Integrated supply chain management and operations helps anticipate needs and demands from customers, suppliers, and other trading partners. Keep reading for 8 supply chain management best practices applicable to any process.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimal Sourcing 52

Supply Chain Game Changer

NOVEMBER 2, 2022

What is Product (or Master) Data Management? Here are some tips and best practices to help you get started. What is information architecture and what does it involve. To begin with, let’s define exactly what information architecture is. Subscribe to Supply Chain Game Changer.

Supply Chain Design Software 84

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Analytics Software 84

ThroughPut

FEBRUARY 2, 2024

In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour. Blind vs. Clear Demand Forecasting Without Advanced Analytics: It’s hard to predict what customers will want. For supply chains, COVID-19 marked the beginning of a challenging era.

Prescriptive Analytics Software 52

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

Logility

MARCH 19, 2021

When a crisis hits, having the right advanced analytics to react to supply chain disruptions in food and beverage is your best defense. In fact, here’s an excellent blog post listing the challenges and the foundational elements – people, process and technology – needed to build a strong and resilient supply chain in F&B.

Beverage 144

Beverage Food Modeling Supply Chain Planning Software 144

SCMDOJO

MARCH 15, 2023

ChatGPT technology is revolutionizing supply chain management and transforming companies’ operations. In this blog post, we will explore how the platform is being used in the supply chain industry and the opportunities it presents. So, buckle up and let’s dive into the world of ChatGPT for supply chain management!

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 126

Supply Chain Matters

MARCH 6, 2024

Introduction Our Supply Chain Matters blog commentaries reflecting on retail industry supply chain performance have been focused on the various market, supply chain and customer fulfillment challenges that retailers have been addressing in the pre and post-pandemic period. Highlights included: Total retail sales revenue decline of 1.7

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 52

Enterra Insights

OCTOBER 26, 2022

From supporting cutting-edge cancer research to helping businesses track their inventory, machine learning and AI offer the ability to disrupt and enhance our existing processes in virtually every segment of society.”[1]. Keeping up with and making sense of all this data is far beyond the capabilities of traditional analytic methods.

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

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

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

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? What is stock optimization?

Modeling 98

Modeling Optimization Software Inventory Reduction Optimization Modeling 98

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Read More: Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities ] Diversifying Your Business Lingo: Synonyms for Procurement What are the synonyms of procurement, you might wonder?

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

SCMDOJO

AUGUST 21, 2023

In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. In this blog post, we will explore the list of Top 10 Supply Chain TikTokers who you need to follow right now and equip yourself with the actionable insights they have to offer.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

Herlitz Inventory Management

JULY 20, 2022

In the past 12 months, we published two blog posts titled Inflation is Back Up – Are you Ready? Summers stated “my view is that it’s best to think of wage inflation as a core measure of inflation. So, what are inflationary profits? What opportunities open up as we move from short-term to a longer period of inflation?

Purchasing Skills 98

Purchasing Skills Price Reduction Manufacturing Procurement Inventory Reduction 98

Precoro

DECEMBER 11, 2023

Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation. Often, the purpose of sourcing is simply for companies to find the supplier or vendor that offers the best price for the required item.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Trend

DECEMBER 22, 2023

2% of managers apply best practice decision methods. Many which I’ve highlighted over the years in blogs and articles. Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. I was a planner once.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Supply Chain Game Changer

OCTOBER 5, 2022

Featuring Our 10 Best Warehouse Order Fulfillment Articles! Keeping records of the above is called a warehouse inventory. However, warehousing itself is usually limited to storing an inventory for a certain period of time and does not include additional services. Subscribe to Supply Chain Game Changer. Warehousing – the basics.

Warehousing 95

Warehousing Sourcing Strategies Supply Chain Design Software Supply Chain Software 95

SYSPRO Smarter ERP

MAY 22, 2023

What is a sustainable supply chain? A sustainable chain involves implementing sustainable practices at each stage of the supply chain, from raw material sourcing and production to transportation, distribution, and end-of-life disposal. A recent report by the IDC noted some benefits of these programs.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Sustainability 98

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. What is RFID Technology? RFID is a type of automatic identification and data collection (AIDC) technology.

Manufacturing Procurement 92

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

SYSPRO Smarter ERP

JANUARY 5, 2022

In these times when past practices have been overturned, people at all levels in a business need a tool to help them plan and prioritize activities. What is AI. In addition, AI requires change management. Traditionally, most decision-making has been based on experience and instincts. Benefits AI can deliver. Time savings.

Manufacturing Procurement 124

Manufacturing Procurement Predictive Analytics Software Modeling Software Optimization Software 124

Bristlecone

APRIL 22, 2020

CPG manufacturers around the world continue to grapple with rapid fluctuations in supply and demand, inventory challenges and distribution delays. What you can expect to gain from Bristlecone S/4NOW for CPG: Pre-configured process to ensure adoption of industry-specific best practices.

SAP 52

SAP Packaging Agile and Lean Supply Chain Supply Chain Software 52