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

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

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

Logility

MAY 26, 2022

25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. Effective, strategic demand planning is essential, and that requires implementation of the right supply chain platform with real-time data, reporting, and event automation. Then, there’s the issue of surplus inventory.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

Kinaxis

AUGUST 18, 2017

by Alexa Cheater Don’t get caught having your company’s inventory management conversation alone! Making the most of one of your company’s largest assets means bringing together everyone involved from the manufacturing floor to the corner office, and focusing on more than just what’s in your warehouse.

Inventory Management 147

Inventory Management Inventory Reduction Inventory Company 147

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

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

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

ThroughPut

SEPTEMBER 1, 2022

The new capabilities enable businesses to solve the unending challenge of balancing their inventory-to-sales ratio with accurate demand planning and buyer behavior analytics. This enables businesses to meet demand profitably, without risking either understocking or overstocking.

Price Reduction 98

Price Reduction Supply and Demand Resource Reduction Inventory Reduction 98

Logistics Viewpoints

APRIL 10, 2023

Without an efficient supply chain, a company can’t meet the demand that exists, and competitors swoop in and grab market share. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. The timing was not great. Jennings’ name.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

Logility

OCTOBER 19, 2023

Now that just enough progress has been made to rebuild and strengthen these operations, a sense of “normalcy” has been restored consumer access of desirable products. However, we might not be out of the weeds just yet. Achieving these cost efficiencies improves profitability and elevates long-term competitiveness.

Network Optimization Software 130

Network Optimization Software Modeling Network Optimization Supply Chain Optimization 130

BlueYonder

JUNE 29, 2023

With the acceleration of omni-channel shopping, businesses must be able to predict labor needs, improve on-time delivery and order fill rates, and create engaging and convenient store pick-up experiences. One large grocery chain in North America faced challenges due to increases in omni-channel shopping.

Forecasting 53

Forecasting Forecasting Software Resource Reduction Meeting 53

Logility

AUGUST 24, 2023

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 147

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

ThroughPut

DECEMBER 1, 2023

It involves constructing an accurate forecast of future demand based on supply drivers, aiming to meet customer needs as precisely as possible. What is Demand-driven Inventory Replenishment? This method ensures inventory optimization, reduces rework, and eliminates bottlenecks in the supply chain, ultimately enhancing resilience.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

Logistics Viewpoints

NOVEMBER 17, 2022

The deepening power crisis has already taken 900,000 tons of smelting capacity offline in North America and Europe. With more than a third of global smelters losing money, there is a risk of 1 million tons of capacity being curtailed in the near future. Continued scarcity and overbuying have led to a perennial shortage.

Packaging 226

Packaging Food Manufacturing Procurement GEP 226

Unleashed

JULY 12, 2023

Inventory is often the largest current asset in a business. Before you develop an effective inventory management strategy you need to understand what inventory is, its various types, and how it works in a business. What is inventory? Inventory is the stock of goods and materials currently owned by a business.

Inventory Reduction 52

Inventory Reduction Examples Inventory Material Savings 52

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? In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. Agility to act on transparency.

Supply Chain Visibility 284

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

ToolsGroup

MARCH 7, 2023

This is just the latest of the company’s significant strides towards making supply chains a force for good by helping organizations guarantee service, reduce excess stock, and increase profits. Version 8.60 Business leaders today are looking for new ways to improve the resilience and agility of their supply chains.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

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

MAY 30, 2023

Seasonal spikes and boosts in customer demand are great – if you’ve got enough stock available to meet them. 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?

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

GlobalTranz

FEBRUARY 18, 2022

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. Tightened Capacity. Labor shortages will have a lasting effect, effectively reducing capacity for carriers and terminals. LTL Industry Macro Trends.

Trends 227

Trends Resource Reduction Cost Reduction Strategies Inventory Reduction 227

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. Supply Chain Management and Maintaining Inventory. Facing inventory challenges is common in the manufacturing industry. 5 Challenges Facing Supply Chain Managers in Manufacturing.

Logistics Network Optimization Software 247

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

ThroughPut

JANUARY 6, 2022

As a result, communication gaps have become almost the norm, putting a company’s ability for capacity planning into question. Mismatched capacity during surges makes it near impossible to meet demand. Miscalculated slumps, however, can be just as problematic. But this quagmire isn’t the result of silos alone.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Capacity 52

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

GlobalTranz

SEPTEMBER 23, 2021

Capacity Constraints Continue to Arise. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market. That’s an astonishing $933.30

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

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. Learn more: What is Inventory Management? Techniques for 2021 What is vendor managed inventory? How does vendor managed inventory work?

Vendor Strategies 98

Vendor Strategies Inventory Reduction Inventory Inventory Management Software 98

Logistics Viewpoints

MAY 12, 2022

Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.

Supply Chain Design Software 188

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Analytics Software 188

ThroughPut

JUNE 22, 2021

Gain Control Over Your Production With Effective Capacity Planning. Perhaps, a process that matches your production capacity with sales demand can be the solution in this case. Perhaps, a process that matches your production capacity with sales demand can be the solution in this case.

Supply Chain Planning Software 52

Supply Chain Planning Software Capacity Scenario Planning Resource Reduction 52

ThroughPut

JUNE 22, 2021

Gain Control Over Your Production With Effective Capacity Planning. Perhaps, a process that matches your production capacity with sales demand can be the solution in this case. Perhaps, a process that matches your production capacity with sales demand can be the solution in this case.

Supply Chain Planning Software 52

Supply Chain Planning Software Capacity Scenario Planning Resource Reduction 52

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

Intelligent Audit

JUNE 15, 2021

Facing current capacity issues and addressing their impact on the supply chain is a critical first step for automotive shipping recovery and growth. Shippers Are Using Data to Know When to Pause production Forced to make hard decisions, car manufacturers have prioritized particular makes and models to meet the most critical demands.

Automotive 52

Automotive Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Intelligent Audit

JUNE 15, 2021

Facing current capacity issues and addressing their impact on the supply chain is a critical first step for automotive shipping recovery and growth. . Because of the limited accessibility and difficulty securing vital semiconductors, automotive manufacturers have been unable to meet consumer demands. Download the White Paper.

Automotive 52

Automotive Inventory Reduction Resource Reduction Cost Reduction 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

Logistics Viewpoints

JULY 19, 2021

Even before the pandemic the global steel industry was navigating significant disruptions that included steep price competition (China has been investigated numerous times for dumping), soft demand, and tariff issues. We don’t spend just to innovate,” Mr. Lassen said, “we need to create business value.”. What does that mean?

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

ThroughPut

MAY 5, 2021

How AI-Powered Capacity Planning is Changing The Manufacturing Landscape – a ThroughPut Perspective. The answer to all these questions is capacity planning. Capacity planning helps you determine resources as a manufacturer in proportion to the output you need to generate to meet the demand. Of course, there is!

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Capacity Resource Reduction 52

ThroughPut

APRIL 20, 2021

Artificial Intelligence In Inventory Management – How To Optimize Your Warehouse Inventory Management. Why is optimizing Warehouse Inventory Management a need of the hour? Inventory management involves creating a balance between demand and supply with the right amount of stock at the right place, at the right time.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimization Software 52