The Smart Software

MARCH 11, 2024

In this video blog, we explore the critical roles of Descriptive, Predictive, and Prescriptive Analytics in inventory management, highlighting their essential contributions to driving supply chain optimization through strategic foresight and insightful data analysis.

Prescriptive Analytics Software 99

Prescriptive Analytics Software Predictive Analytics Analytics Software Analytics 99

The Smart Software

MAY 20, 2024

In this blog, we will discuss today's fast-paced and unpredictable market and the constant challenges businesses face in managing their inventory and service levels efficiently. The post Overcoming Uncertainty with Service and Inventory Optimization Technology appeared first on Smart Software.

Optimization Software 59

Optimization Software Inventory Management Software Supply Chain Planning Software Demand Planning Software 59

The Smart Software

MARCH 26, 2024

This video blog holds essential insights for those working with the complexities of inventory management. The session focuses on striking the right balance within the inventory tradeoff curve, inviting viewers to understand the deep-seated importance of this equilibrium.

Inventory 97

Inventory Inventory Management Software Video Supply Chain Planning Software 97

The Smart Software

JULY 10, 2023

Discover the key strategies to tackle inventory inflation caused by software in your supply chain. We often are asked, "Why is the software driving up the inventory?" The post Top 4 Moves When You Suspect Software is Inflating Inventory appeared first on Smart Software.

Inventory Reduction 86

Inventory Reduction Supply Chain Planning Software Supply Chain Software Inventory Management Software 86

DELMIA Quintiq

AUGUST 31, 2022

In this blog series, I’ll take a look at the current state and future evolution that can be expected within the world of supply chain planning software through the lens of Dassault Systèmes DELMIA. What is supply chain planning?

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 156

ToolsGroup

JUNE 2, 2021

Selecting the right supply chain planning technology isn’t simply about solving a current challenge. The implications are much broader–if you implement the wrong software, you hinder your organization’s overall supply chain strategy and business objectives. Key Steps to Select Supply Chain Planning Software.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 156

My Office Apps

JANUARY 22, 2024

Out with the Old, In with the Efficiency: Choose the Right Inventory Management Software for a Profitable New Year As the confetti settles and resolutions take flight, it’s the perfect time to give your business a refresh. But navigating the vast options of Inventory Management Software (IMS) can feel daunting.

Inventory Management Software 82

Inventory Management Software Optimization Software Forecasting Software Supply Chain Planning Software 82

The Smart Software

AUGUST 21, 2023

In this post, we unravel the concept of a "99% service level" and its implications for inventory optimization, shedding light on how timing and immediate stock availability play pivotal roles in meeting customer expectations and remaining competitive in diverse industries.

Optimization Software 95

Optimization Software Supply Chain Planning Software Supply Chain Optimization Forecasting Software 95

Enterra Insights

JUNE 22, 2022

The irony of excess inventory. Reporters from Bloomberg explain, “A nationwide inventory glut has led to unexpected bargains for U.S. Excess inventory was also caused by the Bullwhip Effect. ” Optimizing inventory. trillion because of mismanaged inventory.”[7]

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

ThroughPut

JUNE 5, 2024

Vendor-managed inventory (VMI) is a collaborative supply chain management strategy where the vendor (supplier) manages the inventory levels at the customer’s location. This management involves the vendor monitoring stock levels, forecasting demand, and replenishing inventory. How does VMI work?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 52

ToolsGroup

AUGUST 8, 2023

Combining these impressive capabilities with ToolsGroup’s AI-driven, award-winning supply chain solutions, companies can now enjoy a truly end-to-end planning and execution process. “As Coupling physical supply chain design decisions with the digital flow of goods moving through the supply chain is the holy grail of the industry.”

ToolsGroup 293

ToolsGroup Modeling Supply Chain Design Software Supply Chain Planning Software 293

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. Anyone can come up with a plan.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Modeling Optimization Software 156

The Smart Software

SEPTEMBER 25, 2023

People involved in the supply chain are likely to have questions about various inventory terms and methods used in their jobs. The post What is Inventory Planning? A Brief Dictionary of Inventory-Related Terms appeared first on Smart Software.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Supply Chain Planning Scenario Planning 104

The Smart Software

APRIL 30, 2024

In this video blog, the spotlight is on a critical aspect of inventory management: the analysis and interpretation of inventory data. The post Learning from Inventory Models appeared first on Smart Software. The focus is specifically on a dataset from a public transit agency detailing spare parts for buses.

Modeling Software 52

Modeling Software Modeling Inventory Inventory Management Software 52

The Smart Software

APRIL 30, 2024

In this video blog, the spotlight is on a critical aspect of inventory management: the analysis and interpretation of inventory data. The post Learning from Inventory Models appeared first on Smart Software. The focus is specifically on a dataset from a public transit agency detailing spare parts for buses.

Modeling Software 52

Modeling Software Modeling Inventory Inventory Management Software 52

Supply Chain Shaman

FEBRUARY 1, 2024

I try to post weekly on this blog. While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value. Rolling up a perpetual inventory signal takes eleven hours.

Supply Chain Planning Software 354

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 354

The Smart Software

JUNE 3, 2024

We believe the leading edge of supply chain analytics to be the development of digital twins of inventory systems. We also assert that we and our colleagues at Smart Software have played an outsized role in forging that leading edge.

Analytics Software 64

Analytics Software Supply Chain Planning Software Analytics Supply Chain Software 64

The Logistics & Supply Chain Management Society

JUNE 14, 2023

Managing Inventory amid Regime Change by Thomas Willemain, Ph.D ​If Statisticians use the phrase differently, in a way that has high relevance for demand planning and inventory optimization. This blog is about “regime change” in the statistical sense, meaning a major change in the character of the demand for an inventory item.

Inventory 130

Inventory Supply and Demand Scenario Planning Demand Planning Software 130

The Smart Software

MAY 20, 2024

This video blog holds essential insights for those working with the complexities of inventory management. The session focuses on striking the right balance within the inventory tradeoff curve, inviting viewers to understand the deep-seated importance of this equilibrium.

Inventory 52

Inventory Inventory Management Software Video Supply Chain Planning Software 52

Arkieva

AUGUST 16, 2023

While working with various optimization models, I often encountered situations where the supply chain optimization model would make decisions to produce items even when there was no demand. This blog discusses different scenarios that led to the optimization models producing and storing excess inventory.

Modeling 130

Modeling Optimization Modeling Supply Chain Optimization Modeling Software 130

ToolsGroup

NOVEMBER 30, 2020

No one could have predicted the year we’ve had, and now our 2021 plans are infused with a healthy dose of what we’ve learned about supply chain disruption and response—and how we will all do things better next time around. How do you keep pace with digital supply chain requirements?

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Forecasting Software 156

Supply Chain Movement

MARCH 16, 2022

For an professional wholesaler, key KPIs like the service levels towards its customers, the service levels of its suppliers, the turnover of its inventory and the potential overstock should be in balance. The supply chain planning software of Blue Ridge does exactly that.

Supply Chain Planning Software 148

Supply Chain Planning Software Forecasting Software Demand Planning Software Optimization Software 148

Supply Chain Matters

MAY 15, 2024

Today marks a significant milestone for enterprise technology and software provider SAP SE. Their aim was to create standardized enterprise software that integrated all business processes and enabled data processing in real time. and inventory management (RM). they had built applications for financial accounting (RF).

Supply Chain Design Software 52

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

ThroughPut

JUNE 4, 2024

Effectively Managing inventory is a common challenge for many supply chain and manufacturing professionals. Without proper inventory management, businesses can face stockouts, overstocking, and increased operational costs, which can impact profitability and customer satisfaction. What Is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Logistics Viewpoints

JUNE 1, 2021

Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep. During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand.

Inventory Management Software 185

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 185

ToolsGroup

JULY 5, 2023

This is the latest of the company’s significant strides toward making supply chains a force for good by helping organizations improve service levels, reduce excess stock, eliminate waste, and increase profits. For more information about SO99+, read our blog on the v8.61 Version 8.61 Version 8.61 The release of SO99+ V8.61

ToolsGroup 156

ToolsGroup Optimal Sourcing Waste Reduction Inventory Reduction 156

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

ToolsGroup

JULY 29, 2021

Want to have a winning telecom supply chain? Here are three things to start doing now to prepare your telecom supply chain to compete in this increasingly complex and challenging market: 1. Transform telecom supply chains to a service-driven model. Watch Video: What Is Service-Driven Planning?

Supply Chain Planning Software 295

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Modeling 295

The Smart Software

JANUARY 4, 2024

Do MRO companies genuinely prioritize reducing excess spare parts inventory? mining or oil & gas), the value of the inventory just doesn’t raise any eyebrows, and organizations tend to overlook massive amounts of excessive inventory. From an organizational standpoint, our experience suggests not necessarily.

Inventory Reduction 98

Inventory Reduction Inventory Cost Reduction Strategies Supply Chain Planning Software 98

The Smart Software

DECEMBER 11, 2023

Some companies invest in software to help them manage their inventory, whether it’s spare parts or finished goods. But a surprising number of others play the Inventory Guessing Game every day, trusting to an imagined “Golden Gut” or to plain luck to set their inventory control parameters.

Inventory 86

Inventory Supply Chain Planning Software Logistics Network Optimization Software Analytics Software 86

The Smart Software

AUGUST 30, 2022

The supply chain has become the blame game for almost any industrial or retail problem. Shortages on lead time variability, bad forecasts, and problems with bad data are facts of life, yet inventory-carrying organizations are often caught by surprise when any of these difficulties arise.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Forecasting 52

Supply Chain Matters

MARCH 10, 2022

The Supply Chain Matters blog continues with our annual listing of our most read blog commentaries that were published and of keen interest to our readers during the year 2021. The years of 2020 and 2021 presented unprecedented pandemic and other related challenges to industry and global supply chains.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement 52

The Smart Software

JANUARY 4, 2024

Companies can improve overall efficiency and generate significant financial returns by effectively managing spare parts inventory. This article will explore the economic implications of optimized service parts management and how investing in Inventory Optimization and Demand Planning Software can provide a competitive advantage.

Inventory 86

Inventory Supply and Demand Optimization Software Supply Chain Planning Software 86

The Smart Software

SEPTEMBER 5, 2023

Forecasting inventory requirements is a specialized variant of forecasting that focuses on the high end of the range of possible future demand. The post How to forecast inventory requirements appeared first on Smart Software. Traditional methods often rely on bell-shaped demand curves, but this isn't always accurate.

Forecasting 96

Forecasting Forecasting Software Inventory How To 96

Taulia

JULY 24, 2023

Supply chains are trending in the direction of complexity. While this shift has brought many benefits for companies, including the globalization of consumer demand, the increasing complexity of supply chains has also exposed new vulnerabilities. And it’s increasingly applicable throughout the supply chain.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Software Optimization Software Forecasting Software 88

Vinculum

AUGUST 17, 2022

Effective implementation of the ERP system allows the companies to handle the supply chain, inventory, and production at various levels. In the fast-changing digital era, businesses across the globe are using various tactics to streamline their supply chain management.

Supply Chain Design Software 52

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

ThroughPut

MAY 3, 2024

It’s no longer just about getting goods from A to B; it’s become a vital piece of the supply chain puzzle. Everything is connected – what happens in one part of the supply chain can shake things up in logistics, and the other way around. What is Logistics Management Software And How Does It Work ?

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52