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.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 98

Supply Chain Matters

FEBRUARY 23, 2023

Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. During 2022, as consumers shifted their physical goods buying patterns away from products and into travel and services, global shipping volumes steadily declined and so did spot rates. percent decline in global trade.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

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

Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. Particularly – as per usual on the Argentus blog – from the perspective of talent. Here’s an example: Every year, a huge volume of finished goods are shipped from Asia to North America.

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

Supply Chain Matters

AUGUST 25, 2022

Supply Chain Matters reflects on an all too familiar challenge when conditions of excess inventory exist in supply chain planning, execution and customer fulfillment processes. . The presumption is that this inventory will be made available for this year’s holiday fulfillment period. Background.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Inventory Management Software 52

Supply Chain Matters

AUGUST 7, 2023

Supply Chain Matters highlights additional developments, evidence and added signs that reinforce that there will be no peak holiday focused surge in transportation and logistics in the latter half of 2023. In the past we would expect to see transportation and warehousing ramping up hiring in late summer ahead of peak season. ”

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

QAD

DECEMBER 7, 2021

Transportation, scheduling and on-time delivery are important for any manufacturer and inventory manager to keep manufacturing and supply chain businesses running smoothly. What do these two stories have to do with manufacturing and inventory management ? Automating Inventory Management and Material Transfers.

Inventory Management Software 93

Inventory Management Software Inventory Management Supply Chain Software Inventory Reduction 93

Supply Chain Matters

OCTOBER 12, 2022

This index compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. Interestingly, Transportation Utilization is the outlier here, as both utilization metrics in the index were up significantly in September. ”. for September. for September.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. Here are the challenges we’re seeing across the industry, and what they mean for your supply chain and your shipping processes. Supply Chain Management and Maintaining Inventory.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

GlobalTranz

MAY 2, 2017

Manufacturers have always struggled to obtain the most accurate inventory levels possible. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality. Let’s take a closer look at why such systems have the power to radically change standard inventory management operations.

Inventory Management Software 120

Inventory Management Software Inventory Reduction Inventory Management Procurement Analytics 120

Supply Chain Matters

APRIL 7, 2022

The Supply Chain Matters blog highlights an added dimension to our monthly summary of global supply chain activity trending and implications. We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. Global Shipping.

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

Supply Chain Game Changer

SEPTEMBER 15, 2021

Featuring Our 10 Best Inventory Management Articles! Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Subscribe Here!

Inventory Management Software 92

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

Supply Chain Matters

JUNE 10, 2022

In our Supply Chain Matters commentaries focused on online customer fulfillment and especially the 2021 holiday fulfilment period, we cautioned retail and consumer goods supply chain management teams to be watchful for the bullwhip effect in inventory planning and replenishment needs to support expected customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply Chain Planning 52

GlobalTranz

OCTOBER 6, 2021

OTR freight represents a long-standing aspect of supply chain operations and transportation management. M odern transportation networks and supply chains continuously adapt to market volatility and transitions. M odern transportation networks and supply chains continuously adapt to market volatility and transitions.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Talking Logistics

JANUARY 24, 2017

Today’s post is from Manhattan Associates highlighting four methods for operationalizing scalable, labor-efficient and associate-friendly ship-from-store processes. Many did it to make use of excess inventory. Still others did it to satisfy the fast growth of online sales without buying more inventory. Free shipping.

Shipping 100

Shipping Inventory Reduction Procurement Analytics Retail 100

Supply Chain Matters

MARCH 27, 2024

A day has passed after a container ship lost power and crashed into a support pylon of Baltimore, Maryland’s Francis Scott Key Bridge in the early morning hours of March 26. Coast Guard authorities are assured that the bridge debris and/or underwater obstacles are sufficiently cleared for cargo ship navigation. East Coast.

Baltimore 52

Baltimore Supply Chain Design Software Supply Chain Design Supply Chain Software 52

BlueYonder

JUNE 16, 2022

In his recent blog , Anmol Khurana discussed the immediate effects of the Russia-Ukraine conflict for companies shipping products in and out of the region. Once an issue is identified, AI and ML clearly define the downstream impacts across the entire supply chain, including inventory shortages and reduced revenues.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 52

GlobalTranz

AUGUST 4, 2021

Any discussion on supply chain risk management and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supply chain disruption. Traditional Inventory Replenishment Strategies No Longer Work. And they must plan accordingly.

Supply Chain Risk Management 288

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 288

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

BlueYonder

JANUARY 22, 2024

While this blog provides an overview of our key findings, the complete results are summarized in our new e-book, “Distribution Executives Agree: It’s Time to Up the Ante on Order Management.” It’s nearly impossible to re-allocate inventory in the most strategic, profitable way on the fly using manual processes.

Distribution 90

Distribution Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 90

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Supply Chain Game Changer

DECEMBER 4, 2020

Transport company services article and permission to publish here provided by Saeed Darwish. Are you looking to hire a transport company? A transport company does far more than taking your shipment from point A to point B. However, most transport companies offer rush delivery services for additional fees. Email Address.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Company Rail Software 52

SYSPRO Smarter ERP

APRIL 24, 2023

This process involves multiple stages, including receiving the order, getting parts and materials, manufacturing or assembling the items, picking and packing in the warehouse, shipping, and tracking the shipment to ensure successful delivery. With accurate inventory data, businesses can avoid stockouts, and reduce the costs of overstocking.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

GlobalTranz

AUGUST 25, 2017

Editor's Note: Today's blog comes from our friend Michael Stoddard who shares the top 10 transportation jobs in the industry. If you happen to find yourself searching for careers in logistics, transportation and supply chains, you'll be happy to know that there's no shortage of positions. Transportation Manager.

Material Savings 76

Material Savings Inventory Reduction Optimal Sourcing Transportation 76

OptiProERP

APRIL 25, 2023

This blog post will outline the most critical logistics KPIs manufacturers and distributors should track. Shipping Time The time it takes to ship an order from the warehouse to the customer. This metric can help you identify potential bottlenecks in your supply chain and improve your shipping process. Inventory KPIs 1.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Inventory Reduction Expense Reduction Manufacturing 52

GlobalTranz

FEBRUARY 2, 2015

Editor’s Note: Cerasis is a 3PL focused on transportation management. So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

GlobalTranz

FEBRUARY 18, 2022

It covers macro trends in the LTL, Truckload and Managed Transportation Service sectors and the lingering effects of the COVID-19 pandemic. As a result, many shippers are revising their strategy from just-in-time inventory to just-in-case based on the hard lessons of the past two years. Leverage TMS technology.

Trends 227

Trends Resource Reduction Cost Reduction Strategies Inventory Reduction 227

GlobalTranz

MAY 21, 2015

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement.

Supply Chain Planning Software 120

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Software Sourcing Strategies 120

Veridian Solutions

JANUARY 27, 2020

Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Use ABC Analysis to Categorize Your Inventory. The use of ABC analysis to categorize inventory is not a new concept. As sales increase, inventory will flow faster.

Inventory Management Software 58

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 58

GlobalTranz

APRIL 20, 2021

To build supply chain resiliency, leaders should consider these factors: Buffer inventory and shift away from JIT.? The coronavirus disruptions highlighted the stressed nature of lean and just-in-time inventories. Those factories with essentially zero inventory of critical components were forced to close or drastically scale back.

Supply Chain Planning Software 288

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 288

Supply Chain Matters

FEBRUARY 25, 2022

merchants held a total of nearly $643 billion in inventories, described as being below pre-pandemic level, while the closely watched inventory to sales remained near its lowest point in 30 years. With the on-time arrival times of container ships down to a level of less than 36 percent, and with ocean transit times from Asia to U.S.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40

SCMDOJO

APRIL 15, 2024

In this blog post, we’ll explore how Amazon does it all. Prime Membership: Amazon Prime – Subscription service offering benefits such as free two-day shipping, access to Prime Video, Prime Music, and exclusive deals. The inner workings of logistics at Amazon are a marvel of efficiency, precision, and constant innovation.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

SYSPRO Smarter ERP

MAY 29, 2023

Key metrics that will indicate if marshalling is needed relate to picking and shipping. Marshalling can reduce returns caused by either the incorrect goods being shipped or the goods being faulty. It also includes pick confirmation to make sure that the items allocated to the order are the ones being shipped.

Warehousing 98

Warehousing Material Savings Expense Reduction Cost Reduction Strategies 98

SupplyPike

MAY 24, 2019

You would send an EDI 846 (Inventory Inquiry/Advice) to your buyers/trading partners to notify them of your on-hand inventory. EDI 846 documents are also commonly used for e-commerce vendors that utilize a drop ship management model. Check out our blog post: What is EDI (Electronic Data Interchange)? New to EDI?

Inventory 40

Inventory Modeling Manufacturing Procurement Optimization Modeling 40

SupplyPike

MAY 24, 2019

You would send an EDI 846 (Inventory Inquiry/Advice) to your buyers/trading partners to notify them of your on-hand inventory. EDI 846 documents are also commonly used for e-commerce vendors that utilize a drop ship management model. Check out our blog post: What is EDI (Electronic Data Interchange)? New to EDI?

Inventory 40

Inventory Modeling Manufacturing Procurement Optimization Modeling 40