Freightos

JANUARY 15, 2024

It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain. Just when it seemed that 2024 would be a very welcome year of “normal” supply chains, the Red Sea crisis proved that for global supply chains, there is no such thing.

Negotiating Skills 292

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 292

ToolsGroup

MAY 8, 2018

Along with multiple examples they cite the Institute for Supply Management’s (ISM) order backlog index, which has reached its highest level in 14 years. Along with multiple examples they cite the Institute for Supply Management’s (ISM) order backlog index, which has reached its highest level in 14 years. As the (U.S.)

Inventory Reduction 214

Inventory Reduction Optimization Software Network Optimization Supply Chain Optimization 214

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 105

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105

SYSPRO Smarter ERP

JUNE 6, 2022

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. Since 2000, businesses have implemented programs such as just-in-time (JIT) inventory and lean operations to improve profitability.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

BlueYonder

NOVEMBER 15, 2022

In this regard, the sector that keeps our societies, infrastructure, businesses, and consumption ticking along is in search of capacity clarity in order to keep their promises. Are production facilities running at peak capacity? What Contributes to Capacity? Are there current gaps in the labor force?

Capacity 75

Capacity Manufacturing Supply Chain Planning Software Optimization Software 75

Unleashed

NOVEMBER 2, 2023

Effective production scheduling can mean the difference between a happy customer and a job that was cancelled because it wasn’t completed on time. For the customer, production schedules aim to shorten lead times and improve the quality of goods produced. In this production schedule guide: What is a production schedule?

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

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

Logistics Viewpoints

MAY 8, 2023

Traditionally, planning processes are designed to serve specific time horizons – sales & operations execution (S&OE) is used for short term horizon, sales & operations planning (S&OP) for the mid-term horizon, and integrated business planning (IBP) for long term strategic horizon. This is known as the “black box” problem.

Supply Chain Planning Software 196

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 196

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supply chain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. But there was a cost to this.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

ShipBob

OCTOBER 4, 2023

How you manage your inventory is a key factor that determines the efficiency, accuracy, and overall performance of your ecommerce operations. It involves closely tracking your inventory levels to replenish your stock at the right time and maintain inventory accuracy. What is inventory reduction? Let’s get started.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

GlobalTranz

APRIL 20, 2021

Even in the worst of times, a resilient supply chain bends and stretches but never snaps. 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.

Supply Chain Planning Software 288

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

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management? Let’s dive in.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

DELMIA Quintiq

APRIL 6, 2020

The key challenge is to not over-produce and stock up on excessive inventory , but at the same time be ready for summer by securing on-shelf availability and fulfillment. However, producers can’t just start food production when the first warm days of summer arrive or when an announcement is made that everything can go back to normal.

Scenario Planning 296

Scenario Planning Supply Chain Planning Software Food Modeling 296

Logistics Viewpoints

JUNE 21, 2023

It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. We conducted ARC Advisory Group’s survey at the same time as the Conference Board updated its C-Suite Outlook for 2023.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 235

The Logistics of Logistics

NOVEMBER 8, 2021

Matt and his partner, Derek Loftus started popcapacity in 2021 with the goal of delivering frictionless 3PL warehousing and fulfillment capacity by leveraging marketplace style technology and AI. Our platform was designed to reduce amount of time and cost associated with sourcing new warehouse and fulfillment space. Sustainability.

Warehousing 229

Warehousing Supply Chain Design Software Logistics Network Optimization Software Inventory Management Software 229

Logistics Viewpoints

FEBRUARY 16, 2021

With this information, are you any closer to knowing what to do about it, or have you just enriched your ability to admire your problem and see it close up? This example illustrates why supply chain visibility isn’t enough. But what does supply chain visibility mean and will this investment really give the executives what they want?

Supply Chain Visibility 284

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 284

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? In other words, it will be different for every enterprise or organisation.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Logistics Viewpoints

MARCH 24, 2022

Retailers also took steps to contain costs and preserve margins as they reoriented toward e-commerce like never before, including putting solutions in place to more effectively navigate carrier capacity caps and improve the visibility, accessibility, and mobility of inventory. According to Digital Commerce 360 , U.S.

Supply Chain Planning Software 219

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 219

Unleashed

SEPTEMBER 30, 2021

Vendor managed inventory (VMI) – when executed well – can be an efficient and cost-effective system for managing the supply of goods. We take a look at the potential advantages and disadvantages of a VMI system, and give examples of businesses that have used this method successfully. Learn more: What is Inventory Management?

Vendor Strategies 98

Vendor Strategies Inventory Reduction Inventory Inventory Management Software 98

Logistics Viewpoints

OCTOBER 6, 2021

After all, the shortages and disruptions have been persistent over time and widespread across geographies and items. The economy is picking up after the severe contraction in labor, productivity, and inventory that occurred during the height of the pandemic. Inventory, Efficiency, and the Extended Supply Chain.

Supply Chain Disruption 213

Supply Chain Disruption Agile and Lean Supply Chain Supply and Demand Supply Chain 213

Logistics Viewpoints

APRIL 10, 2023

For example, pickleball has been the fastest growing sport in America for 3 years. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. An example of a branding concept involves the work the company did with Kerri Lee Walsh Jennings.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

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. The Argument.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Inventory Management Software 52

Logistics Viewpoints

JUNE 30, 2022

We’ve only just entered the second half of the year and people haven’t even taken their summer vacations yet, so why are we talking about holiday supply chains now? You might be thinking, “Well, but what about growing retail inventories? indicates that there is enough inventory to support sales for the next one and half months.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. .

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

GlobalTranz

JANUARY 26, 2018

No one wants to think about lost warehouse inventory, and it can be organizationally frustrating to determine the best process to find, research, and rectify inventory discrepancies. Discrepancies between the physical and systemic inventory levels can make that job tremendously more difficult. Book Inventory Changes Immediately.

Inventory Reduction 200

Inventory Reduction Price Reduction Warehousing Inventory 200

NC State SCRC

DECEMBER 15, 2022

In today’s Wall Street Journal , I was interviewed regarding a case that was just filed against Amazon by a large robotics , claiming that the e-commerce giant backed away from promises made early in the Covid-19 pandemic to support the supplier with millions of dollars in new purchases.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

Logistics Viewpoints

NOVEMBER 28, 2022

For example, if a company had built up safety stock, and the inbound supply of components needed to make a product is disrupted, the company can still respond to customer demand without breaking a sweat. That variability might be in the areas of manufacturing, distribution, or transportation capacity.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 193

MIT Supply Chain

AUGUST 17, 2021

Part 2: Lessons from Comparing Disruptions In the previous post in this two-part series, The 7 Core Capacities of Supply Chain Resilience , we identified the core capacities that are the building blocks of supply chain resilience. Note that the seven core capacities are assessed as to whether there is a loss of capacity or not.

Capacity 52

Capacity Supply Chain Design Software Supply Chain Design Supply Chain 52

Supply Chain Shaman

DECEMBER 28, 2020

We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. At that time, Supply Chain 2020 seemed so far away. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Logistics Viewpoints

JANUARY 9, 2023

Infor is one example of a supplier that offers both advanced visibility and supply chain planning. There are just a few suppliers that offer both solutions – E2open, Infor, Kinaxis, One Network, and SAP. It is just visualized differently. And as new information comes in, that plan, across all the time horizons, can change.

Supply Chain Planning Software 247

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Network Software 247

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Logistics Viewpoints

DECEMBER 2, 2021

Many major challenges of 2021—capacity constraints, ecommerce growth and driver shortage—are rolling over into 2022 and, in addition, the environment and machine learning are becoming more important for logistics and supply chain professionals. Here’s what to look for in 2022. Global supply chains will be busy, congested and chaotic.

Predictive Analytics Software 312

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 312

Unleashed

MAY 30, 2023

Anticipation inventory is the solution to this problem. Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. What is anticipation inventory? What is anticipation inventory? For example, easter eggs purchased ahead of Easter, or pumpkins purchased ahead of Halloween.

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

PINC

APRIL 29, 2020

In these uncertain times, companies are turning to technology to help them comply with social distancing rules and to keep their workers and drivers safe in any conditions. As capacity continues to tighten and there are fewer drivers on the road, it’s a requirement to keep them safe,” Gartner’s Carly West said in a press release.

Demand Planning Software 147

Demand Planning Software Logistics Network Optimization Software Inventory Reduction Supply Chain Software 147

Logistics Viewpoints

AUGUST 19, 2021

Indicator 1: It’s Difficult to Track Your Inventory From Suppliers Through Final Mile. Inventory tracking and visibility must be present from the first mile through the final mile, reflecting the entire shipment lifecycle through white glove services. Take an example. This can be a confounding issue.

Logistics Network Optimization Software 251

Logistics Network Optimization Software Transportation Expense Reduction Inventory Reduction 251