ThroughPut

APRIL 11, 2024

Customers will now be able to see inventory projections in the near, short, and long term, enabling them to expose risks, highlight recommended actions early, and evaluate the overall state of their inventory PALO ALTO, CA, April 10, 2024 /PRNewswire/ — ThroughPut Inc. ,

Modeling 52

Modeling Supply Chain Planning Software Inventory Predictive Analytics Software 52

Supply Chain Shaman

SEPTEMBER 10, 2023

I was working on a report on the Multi-Enterprise Inventory Management (often termed MEIO) and I challenged Pete. The software never expanded in scope to manage multi-tier inventories. What is the role of local management, divisional teams, and corporate organizations? Old habits die hard.) The reason?

Supply Chain Planning Software 256

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 256

Logility

NOVEMBER 30, 2023

The Power of Generative AI Revolutionizing Supply Chain Planning – Explore the power of generative AI in this blog Read Now Generative AI , on the other hand, is a subset of deep learning that deals with the creation of new content or data based on both labeled and unlabeled data.

Supply Chain Planning Software 177

Supply Chain Planning Software Modeling Supply Chain Software Scenario Planning 177

ThroughPut

JUNE 8, 2021

SKU Optimization: Work Smart, Not Hard To Optimize Inventory. Are you still spending hours on hours sorting through your inventory list and still getting nowhere? And more than that, it’s time to rethink your inventory strategy for the better. First things first: Understanding inventory. Try inventory optimization!

Inventory Reduction 98

Inventory Reduction Price Mitigation Strategies Optimization Software Vendor Strategies 98

ToolsGroup

AUGUST 3, 2020

It’s notoriously difficult to optimize inventory for aftermarket parts. You need to maintain high service levels, but sporadic demand and an infinite number of SKUs frequently lead to waste, excess cost and product obsolescence. Read on for our five inventory optimization secrets for aftermarket parts.

Inventory Reduction 156

Inventory Reduction Waste Reduction Optimization Software Supply Chain Optimization 156

ToolsGroup

MARCH 24, 2021

Each station is part of a larger system and operates on a set schedule under one management umbrella. Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. The basic approach to inventory optimization.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

ToolsGroup

APRIL 12, 2019

When you break it down, Jeff Bezos figured out how to do three seemingly contradictory things at once: deliver exceptional service levels, at the lowest cost possible, and manage complexity. This invariably leads to extra freight costs and excess and obsolete inventory that either needs to be written off or sold at a heavy discount.

Supply Chain Planning Software 227

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 227

ThroughPut

APRIL 30, 2024

At the operational and tactical level, it supports daily activities through effective demand sensing, SKU optimization, logistics planning, replenishment planning, capacity management, and more. Strategically, it provides Chief Supply Chain Officers (CSCOs) with insights into how each decision affects the company’s finances.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

ToolsGroup

OCTOBER 12, 2021

Brands like American Eagle Outfitters focused on inventory optimization and flexibility, supply chain transformation, lower SKU counts and fewer shipments per order for improved supply chain performance. Fashion includes products that don’t move quickly, but are important to profitability.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Optimal Sourcing 156

ThroughPut

JULY 5, 2023

The answer lies in SKU Optimization. Often, insufficient planning and human error are blamed to be the cause for stockouts and various inventory management challenges. Improper Records Incorrect inventory counts represent another major factor contributing to stockouts.

Optimization Software 52

Optimization Software Inventory Reduction Price Mitigation Strategies Material Savings 52

Logistics Bureau

SEPTEMBER 4, 2023

If you can only say “No”, I will not be surprised, because many companies have never drilled down into the costs involved in selling specific SKU categories, individual SKUs, or providing particular services connected with those sales, to specific customers or customer categories. If you can answer with a “Yes”, I applaud you.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

GlobalTranz

FEBRUARY 25, 2021

Unfortunately, many supply chain leaders continue to regard reverse logistics as an archaic process that’s best ignored and left to individual brick-and-mortar facilities for management. This is where the value of data-driven retail reverse logistics analytics and management comes into play. Increased speed in managing repairs.

Reverse Logistics 253

Reverse Logistics Expense Reduction Inventory Reduction Supply Chain Strategy 253

crisp

NOVEMBER 14, 2023

As a partner on the Snowflake Marketplace, Crisp helps CPG clients automate the flow of their latest sales and inventory information into the Snowflake environment. With Crisp, brands can access ready-to-query daily sales and inventory data from 40+ retail sources directly within Snowflake. Contact our team today.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Retail Waste Reduction 52

Kinaxis

MARCH 28, 2019

by Richard Cushing To improve supply chain management and to maximize the return on inventory investment, it’s imperative to understand the supply chain dimensions that help define how your inventory is consumed. What may too easily escape the attention of supply chain managers, however, are SKUs (ItemIDs) like.0375NPT-P.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Planning Supply Chain Scenario Planning 203

ThroughPut

JUNE 8, 2021

SKU Optimization: Work Smart, Not Hard To Optimize Inventory. Are you still spending hours on hours sorting through your inventory list and still getting nowhere? And more than that, it’s time to rethink your inventory strategy for the better. First things first: Understanding inventory .

Inventory Reduction 52

Inventory Reduction Price Mitigation Strategies Optimization Software Vendor Strategies 52

ToolsGroup

NOVEMBER 30, 2020

With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Reduced inventory value of safety stock on clustered items by 18%.

ToolsGroup 156

ToolsGroup Inventory Reduction Price Reduction Manufacturing 156

ThroughPut

AUGUST 24, 2023

SKU Rationalization solution optimizes product mix to rapidly and continuously accelerate free cash flow, as well as margins to enable an undeniably significant, positive impact on the bottom line. SKU Rationalization solution is now available on the IndustryApps Store , the world’s first-of-its-kind open marketplace for Industry 4.0

Supply and Demand 52

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

Supply Chain Shaman

AUGUST 12, 2022

” He took off his mask, and sighed, “Supply chains are tougher to manage today than during the pandemic. As a result, his SKU-based logic paradigm needed to be shifted to embrace attribute and attach-rate planning. He was also unaware of how to measure Forecast Value-Added, the Bullwhip impact and the health of inventory.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 195

ToolsGroup

JULY 11, 2019

Franke’s Kitchen Systems and Water Systems divisions consisted of 42 locations with four echelons serving 146 markets and more than 125,000 SKUs (equating to 1.4 million SKU-Markets). million SKU/market combinations. No one actually thought it would be possible to manage this complexity with just two people.”.

Supply Chain Planning Software 223

Supply Chain Planning Software Optimal Sourcing Forecasting Software Optimization Software 223

ToolsGroup

DECEMBER 16, 2021

By understanding inventory needs from a financial perspective, including revenue and margin, retailers gain insight into their open-to-buy process and, as part of their merchandise financial planning, ensure the organization will not overspend merchandising budgets. Reach Optimal Inventory Levels by Having the Right Amount of Stock Available.

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

ThroughPut

NOVEMBER 30, 2023

One of the oldest and most significant challenges of supply chain management has been the uninterrupted delivery of materials. ThroughPut’s Supply Chain SKU Rationalization offers you and every SAP customer five purpose-built screens to enhance material and free cash flow. That’s exactly why ThroughPut.ai

SAP 52

SAP Optimal Sourcing Supply and Demand Data 52

ThroughPut

JUNE 19, 2023

By integrating with SAP S/4 HANA, SAP Data warehouse cloud and SAP ERP software, the SKU Rationalization solution by ThroughPut.ai SKU Rationalization solution is now available on SAP ® Store , the online marketplace for SAP and partner offerings. PALO ALTO, CA, June 13, 2023 /PRNewswire/ — ThroughPut Inc. , ThroughPut.ai “SAP.io

SAP 52

SAP Optimal Sourcing Supply Chain Design Software Optimization Software 52

Vanguard Software

MARCH 2, 2021

Blog Integrated Business Planning: The Role of Financial Forecasts: Part 1. Blog The Value in Supply Chain Flexibility. Supply chain flexibility has immense benefits when compared to traditional supply chain management, allowing for rapid changes. Blog SKU Rationalization: What Is It and Why Is It Needed?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Predictive Analytics Software Forecasting 52

ToolsGroup

JULY 25, 2017

Editor's Note: This week we have a guest post from Bob Ferrari, Managing Director of the Ferrari Consulting and Research Group. This blog first appeared in Supply Chain Matters. Considering a leap to an IoT enabled service management business model will likely expose this weakness. What Makes Service Parts Planning Different?

Supply Chain Planning Software 198

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 198

ToolsGroup

MAY 24, 2016

Editor's Note: There will be no blog post next week. This approach of focusing on the customer for supply chain segmentation can also be applied to inventory segmentation. In a blog earlier this year entitled What's wrong with ABC inventory classification?

Supply Chain Segmentation 159

Supply Chain Segmentation Optimal Sourcing Gartner Supply Chain Optimization 159

ToolsGroup

JUNE 11, 2020

The nearly 300 planners required to manage SKF’s highly manual process found themselves firefighting, duplicating efforts and partially conflicting with each other. How much inventory do we hold of that item in all our locations? SO99+ enables SKF to optimize demand, inventory, and planning for all SKU-Locations in its supply chain.

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

ToolsGroup

DECEMBER 16, 2021

The impact of lean retail on supply chain management. Intelligent demand management software is the key technology enabler of lean retail merchandise management. Intelligent demand management software is the key technology enabler of lean retail merchandise management. Retailers are losing $1.75

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

ToolsGroup

AUGUST 8, 2017

Editor's Note: Due to the summer holidays, there will be no blog post next week. It translates demand streams into a demand signal for each Stock Keeping Unit (SKU)-Location for a reliable forecast. The blue bars represent historic average order demand profiles, while the colored lines represent regional POS demand patterns.

Supply and Demand 174

Supply and Demand Data Forecasting Supply Chain Planning 174

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

Supply Chain Game Changer

MARCH 26, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Use ABC Analysis to Categorize Your Inventory. The use of ABC analysis to categorize inventory is not a new concept.

Inventory Management Software 124

Inventory Management Software Inventory Management Inventory Reduction Inventory 124

crisp

SEPTEMBER 17, 2022

When now Managing Director Justin LaGosh came on in 2008, SunButter was in just a few hundred retail stores. And as a small-to-medium sized business that goes through distributors, the last few years have been an advanced course in supply chain management. He uses Crisp’s Voids and Inventory dashboards to problem-solve.

North Dakota 97

North Dakota Modeling Inventory Reduction Just-in-Time 97

crisp

SEPTEMBER 22, 2023

Crisp automatically ingests data from retail portals such as Walmart, Target, Whole Foods, and Amazon, delivering usable sales and inventory data directly into the cloud. Visibility into excess or aging inventory also helps suppliers reduce spoilage and carrying costs. For more product news and updates, subscribe to the blog.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Waste Reduction Vendor Strategies 52

ToolsGroup

MAY 17, 2016

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost.

Optimization Software 180

Optimization Software Omnichannel Inventory Reduction Supply Chain Optimization 180

ToolsGroup

APRIL 25, 2019

Lennox Residential Heating and Cooling faced the challenge of managing an ambitious North American distribution network enlargement while simultaneously transitioning to a hub-and-spoke model with 55 shipping and 161 selling locations. Increased inventory turns by 25%. Results: Improved service levels by 16%.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

ToolsGroup

AUGUST 27, 2021

It is, in order words, a failure in supply chain risk management. What is supply chain risk management? Most companies split this concept of risk management into two camps – “macro” agility and “micro” agility. It’s a necessary, and dare we say vital component of any digital supply chain management toolbox.

Supply Chain Risk Management 156

Supply Chain Risk Management Risk Management Agile and Lean Supply Chain Supply Chain Planning Software 156

ToolsGroup

MAY 10, 2016

What’s wrong with aftermarket supply chain planning really has nothing to do with planning, but with management expectations. This is a case of management not expecting enough from their business. For more details on their story, see my 2015 blog. The problem with this message is that’s simply wrong. What’s changed?

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 120