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So, the parking spots are getting more and more occupied with drop trailers, meaning lot capacity shrinks while finding the trailer with the highest-priority inventory becomes even harder. Problem number three: appointment scheduling is a mess. For various reasons, many drivers show up unexpectedly and at the same time.
In todays volatile retail landscape, organizations face unprecedented challenges across both category management and inventory planning. To remain competitive, retailers must embrace a comprehensive approach that taps into the synergy across all functions from category management to inventory allocation.
Companies importing and exporting goods, be it finished retail products, manufacturing components or materials, now face substantial cost and price pressures that squeeze margins and force difficult pricing, sourcing, operations and distribution decisions. For example, you might source from a domestic supplier that doesnt incur a tariff.
They must track inventory, orders and returns in real time, at all times. And they need to manage their resources, from inventory and labor to forklifts and robotics, with incredible precision keeping all assets moving productively, while avoiding excess inventory and equipment downtime.
Today’s digital networks enable continuous real-time optimization where demand signals update instantly across all nodes, inventory positions adjust dynamically, and transportation and warehouse plans reconfigure automatically in response to changing conditions. Second, visibility is expanding from enterprise-centric to ecosystem-wide.
Inventory control represents a huge challenge for any retailer. In fact, inaccurate inventory is the single biggest cause of poor customer experience, according to a new survey by Blue Yonder. How did the company overcome its inventory issues? The case of this tech retailer, The Source , shows why.
From fulfillment analysts and omni-channel commerce managers to customer success managers, diverse functions are tasked with ensuring that inventory is properly rebalanced following a disruption. Due to a storm, one DC that’s carrying 40 units of inventory is suddenly out of operation. The result?
A significant point of concern is the dependency on single-sourced components, which poses considerable risks. This reliance necessitates a reevaluation of sourcing strategies and the development of contingency plans to ensure continuity of supply.
The Blue Yonder network includes over 1,600 TMS carriers and extends across multiple enterprises and tiers in a supply chain, creating a single source of truth across planning and execution and across multiple parties and tiers. The core of which is omni-inventory and omni-demand.
A rise in nearshoring and away from single-source dependency The pandemic was a wake-up call that exposed the fragility of globally interconnected supply chains and the risks of over-reliance on distant suppliers and single-source strategies. 3 long term changes to the supply chain 1.
Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption. The post Climate Change: Yet Another Source of Global Supply Chain Risk and Disruption appeared first on Supply Chain Nation.
Across its nearly 200 markets, HEINEKEN needs to use a common data source and planning platform, apply the same standardized processes, ensure the same analytic rigor and achieve consistent financial results. They explored how AI can improve forecasting and decision-making, reducing inventory and lead times.
The only way to manage these changes profitably is to become aware of them at the earliest opportunity, by using software to ingest and analyze real-time data from across the supply chain as well as external sources like social media, news and weather. What if a sudden high-priority customer order comes in and inventory is scarce?
New scope of managed services brings new challenges for LSPs The scope of managed service is expanding from transportation to other supply chain services including inventory management, demand forecasting, supplier management, raw material sourcing, robotics, and supply chain and transportation modeling.
In Part 2, we dive in further into five critical areas of this subject including field inventory, customer centricity, regulations, contract manufacturers, and business planning. Consignment inventory is consigned to medical offices, hospitals, or even patient homes.
Superior cost efficiency Reduce inventory waste, maximize labor and warehouse ROI, and surface opportunities to lower your total cost to serve. Common data cloud & platform Connect every corner of your supply chain with a single source of truth. Ready to dive deeper?
Manufacturers and retailers must create accurate demand forecasts, get the right inventory in the right place, and line up labor, trucks and other assets. Achieving profitable, dynamic inventory optimization Huge holiday order volumes are fantastic. What does all that mean for your business?
While the past focus was primarily on minimizing supply chain costs in a global free-trade environment, todays supply chain leaders must prioritize flexibility, build in additional redundancies, and create strategic sourcing options for rare materials, components, and technologies.
If there’s a supply shortfall, new sources of supply must be found. All affected partners explore solutions, from alternative transportation modes to new sources of inventory. The truth is that most disruptions can’t be solved optimally by a linear CPG supply chain that lacks network-wide connectivity and collaboration.
It was all about companies trying to go into countries that had low-cost sourcing capabilities, as well as to capture new market. The main challenges that companies are facing, at least in the last two years, especially during the COVID-19 pandemic, come from the multi-tier sourcing, which requires long lead times in the supply network.
The IDC MarketScape looked at whether the applications could support profitable decision-making, enhance both the pre- and post-purchase customer experience, position inventory accurately, and optimize the in-store experience. The IDC MarketScape report on Order Orchestration and Fulfillment evaluates 14 software vendors in this area.
The upshots of misjudging inventory levels range from delaying production cycles, to risking availability to the end customer, to creating waste and damaging both capacity and environmental targets, to simply harming profits. Disruption is officially now a norm, making demand planning and forecasting, in particular, very difficult.
One arrow showed the flow of customer demand from the source to the supplier, while the other showed the flow of goods from the supplier to the customer. A modern supply chain is more than the efficient movement of optimized inventory downstream to meet forecasted customer demand. And completely the opposite of reality.
Retailers must ensure that product information, pricing, inventory levels, and returns processes are consistent across all platforms. Inventory visibility and control Real-time inventory visibility is an essential cornerstone of peak seasons. If done well, 94% of consumers would repurchase if the returns process is easy.
Inventory Processing and Order Management Efficiency Has Become a “Make” or “Break” Issue One of the main challenges WD&M faces is transforming away from legacy approaches to inventory processing and order orchestration, as well as moving toward solutions primed to handle omni-channel. The result? So, what’s the solution?
This methodology proves too slow to adjust to large volumes of supply chain exceptions where planners lack confidence in their plans efficacy from a logistics perspective, and transportation users do not have visibility of their adjustments impact on inventory and capacity.
Command centers offer four key advantages over traditional control towers: Focus on action, not just visibility.Unlike traditional systems that rely on integrations, a modern command center taps into network data on inventories and capacities, supply and demand imbalances, across the nodes of the extended supply chain.
If they forecast too high, automakers end up with incredibly expensive, heavy component inventories on hand that require special handling and storage. Worse, that inventory is aging quickly, as battery innovation picks up speed. Raw material supply forecasts, production capacities and supplier availability are the main constraints.
Powered by the Blue Yonder platform, the demand and inventory planning solutions evaluate and integrate evolving demand trends and supply availability, enabling a collaborative balance of planning for optimal efficiency, high service levels and increased resilience.
Leaders in logistics today: there are pressures to reduce labor costs, exceed service levels, balance inventory in the right locations to match demand, collaborate with suppliers and carriers, and connect all your decisions among your operations. When another disruption hits—tariffs, weather, fires, recalls—the teams are left reacting again.
In every role inventory availability and protecting the company’s assets was always critical. is a contributing factor, inaccurate inventory management process and systems remain a big driver of the out-of-stock problem globally. in the first quarter – primarily from inventory shrink. While increasing retail theft in the U.S.
Shoppers expect fresh, high-quality products and full transparency into how those products are sourced, handled and delivered. Meanwhile, grocers are under increasing pressure to manage tighter inventory turnover, minimize waste, handle time-sensitive products and respond instantly to recalls all while meeting growing regulatory demands.
Given this shift in consumer behavior, it has become important for retailers to offer the best inventory and sourcing information to shoppers. And lastly, all of this requires a single source of truth for all orders. This is where solutions from Blue Yonder can make a world of difference.
The world’s supply chains have been stalled by challenges like labor capacity, imperfect inventory positioning, unpredictable supply, rising costs, and prolonged fulfillment times. They need to source products from the most cost-effective, reliable suppliers, then store them as close to the final customer as possible.
The domain business services are, for example, order, inventory, load building forecast, cross stock, and flow through. We are now able to, for instance, for your warehouse solution, add two microservices, one for inventory availability and the other for decisioning around where you should sourceinventory from.
This goes beyond simply working together; it’s about having a real-time, single source of truth that breaks down operational silos and enables departments and businesses to act cohesively. The low-tech approach to combat inventory uncertainty is by simply over-investing in inventory. In the U.S.
Our warehouse management solutions have been instrumental in enhancing operational efficiency and inventory accuracy across various industries by offering real-time visibility and automation capabilities. Learn how Seedcom is streamlining its processes and optimizing inventory to support its daily operations.
Blue Yonder’s inventory availability microservice gives them a view of real-time inventory availability at enterprise and local levels to make real-time sourcing and order promising decisions that incent customers to buy. Let’s unpack the capabilities provided through the inventory availability microservice.
The wholesale distribution business model has always been a challenging one, characterized by large product inventories, multiple trading partners, high transaction volumes, and cost-intensive logistics. It’s nearly impossible to re-allocate inventory in the most strategic, profitable way on the fly using manual processes.
With bottlenecks at ports and delays across transportation networks, uneven inventory due to factory shutdowns, labor shortages and high customer expectations, how are hardline retailers supposed to thrive? With accurate inventory, they have been able to enhance their BOPIS, ship from store, and same day delivery offerings.
What’s the real cost of inaccurate inventory management? IHL Services, a global research and advisory firm, estimates that inventory distortion — the combined cost of lost sales from out-of-stocks, along with the deep discounts required to sell overstocks — will drive a $1.77 trillion problem of inventory distortion.
Everything from real-time inventory availability to a single source of truth for managing orders to delivering a variety of fulfillment options are table-stakes today. Ensuring an Accurate Inventory Picture I’ll give you a perfect example of why it’s important to understand inventory across the enterprise.
This includes demand planning, volume assessments at a granular level, knowing where best to source from to meet omni-channel demand, where to then position inventory based on known demand and where customers are located, and, of course, how best to then fulfill orders and to optimize the last mile.
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