EazyStock

JANUARY 21, 2021

EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment. In this post we’re going to review Dynamics Business Central’s inventory management capabilities and discuss what additional features and benefits EazyStock can offer. Manage non-stocked items.

Inventory Management Software 52

Inventory Management Software Inventory Management Forecasting Software Optimization Software 52

Logistics Viewpoints

DECEMBER 5, 2022

Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. Because of capacity issues, Molex is working with more logistics partners. Molex Realizes it Needs Better Visibility.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

DELMIA Quintiq

AUGUST 13, 2014

Next, he translates the financial metrics into three measurements applicable to production: throughput, inventory and operational expense. He realizes that as long as throughput increases while inventory and operational costs decrease, the production plant will be profitable.

Scenario Planning 214

Scenario Planning Supply Chain Planning Software Predictive Analytics Software Expense Reduction 214

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Performance Monitoring (KPI) (Establishing key performance indicators (KPIs) to measure and assess performance., Contracting / Award Pricing Terms and Agreement Service Level Agreement (SLAs) (E.g., Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

ThroughPut

AUGUST 18, 2023

For instance: How much working capital can be freed up with 5% reduction in inventory? But what are the Key Performance Indicators (KPI) in supply chain management that you need to look at from a financial lens? How much can the Cost of Goods Sold be enhanced by improving materials’ usage?

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Software Material Savings Expense Reduction 52

DELMIA Quintiq

OCTOBER 25, 2015

As a result, most packaging manufacturers struggle with delivery reliability and high inventory levels. The biggest problem is that many packaging manufacturers still use the batch- and-queue approach that tends to drive up inventory and lead time. Find out how you can optimize capacity utilization of all resources here.

Packaging 120

Packaging Manufacturing Resource Reduction Inventory Reduction 120

DELMIA Quintiq

OCTOBER 30, 2014

Are there ways for companies operating at maximum capacity to speed up on delivery? This empowers them to create optimal plans that will improve efficiency and capacity management. It is exciting to know that technology innovation has enabled businesses to increase output, as well as improve delivery performance and reduce inventory.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 149

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. These include: Capacity Planning: Ensuring timely availability of resources, such as manufacturing capacity and distribution center capacity, to meet logistics and supply chain needs.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Supply Chain Matters

APRIL 28, 2023

The focus often turns to improvements in working capital efficiencies, inventory and capacity management in addition to more efficient asset management. Such decisions can relate to either maximizing inventory or product demand fulfillment, minimizing changeovers or inventory consumption.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

ToolsGroup

SEPTEMBER 8, 2015

But it’s very difficult to reconstruct what happened after the fact —to determine how specific, prior actions affected key performance indicators (KPIs). Even when the deviation from a KPI is clear, it's often tough to uncover the root cause. Users can analyze demand, inventory, supply and service level events.

Supply Chain Planning Software 120

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 120

Bristlecone

JUNE 29, 2021

Some of the features that set this suite apart from other ERP systems include: Real-time insights into work center and resource capacity utilization, with the ability to make real-time adjustments. SAP S/4HANA facilitates seamless planning of manufacturing operations from material requirements to inventory management. KPI Analytics.

SAP 52

SAP Supply Chain Design Software Supply Chain Planning Software Manufacturing 52

Intelligent Audit

NOVEMBER 3, 2022

The concept is about maximizing available capacity options while finding the best ways to exceed goals and key performance indicators — which, in turn, leads to more satisfied customers. The top three goals shippers should consider in optimizing the transportation network are price, capacity, and service.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

ShipBob

APRIL 12, 2023

Between receiving inventory and getting orders delivered to your customers, what happens in your warehouse plays a crucial role in the efficiency of your operations. These KPIs will tell you how efficient your warehouse operations are in terms of how you receive inventory, how you store them, and how you pick them.

Warehousing 52

Warehousing Supply Chain Software Inventory Management Software Demand Planning Software 52

Loop Supply Systems

JULY 21, 2016

Eliminating Your Excess Inventory. Excess inventory is experienced by nearly every manufacturer – and it’s a big problem. Inventory is one of the 7 Lean Mudas (Japanese term for ‘waste’). COST OF EXCESS INVENTORY. Now think about all of your inventory. ROOT CAUSES. Poor safety stock calculations.

Inventory Reduction 40

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 40

Logility

APRIL 10, 2017

In many cases you will discover that processes like demand, inventory, replenishment, and manufacturing planning are limited by a lack of software capability. Such scenario capability provides significant value across the entire supply chain, from demand and inventory planning to supply management, capacity planning, and order fulfillment.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 100

ThroughPut

OCTOBER 20, 2022

“With our new geospatial capabilities, you effectively get a prioritized plan of action that helps you accomplish more with less to free-up precious capital and physical room for smoother material flow and better inventory turns of what actually sells well at the most profitable levels. ThroughPut.ai

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

GlobalTranz

MAY 7, 2018

Most all shippers have felt the recent tightening in capacity. Today, with omnichannel pressures and a drastically different retail environment, stores are working hard to eliminate excess inventory and penalize vendors for early (and late) deliveries. A multitude of factors have led to the current environment. Download eBook.

Capacity 120

Capacity Optimal Sourcing Vendor Strategies Price Reduction 120

EazyStock

FEBRUARY 26, 2020

Stock Availability – A Common Inventory Management Challenge. As small- and mid-sized businesses (SMBs) try to remain competitive, many are coming up against inventory management challenges. In this three-part blog series we’re looking at three of the most common inventory management issues faced by stock holding companies.

Modeling 52

Modeling Inventory Management Software Forecasting How To 52

ToolsGroup

AUGUST 11, 2020

Most use ‘forecast accuracy’ as the main KPI to do this. Therefore it follows logically that filling orders–or order line fill rate (OLFR)–should be the number one KPI that tells you whether you’re meeting service levels. You can’t use an intermittent demand signal to plan inventory. To service demand!

KPI 156

KPI Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software 156

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. Examples of such analyses include the performance of a supply chain or the inventory levels of a warehouse. What are some examples of Supply Chain Analytics?

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Unleashed

JULY 23, 2023

You can calculate order cycle time using the formula: (Delivery Date – Order Received Date) / Total Number of Orders Shipped = Order Cycle Time This KPI reveals where you need to develop new strategies to improve the speed of your order fulfilment. Takt time Takt time is a KPI that helps set the pace of your manufacturing process.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Supply Chain Movement

AUGUST 31, 2017

These developments will yield service and working capital benefits in supply chains which use forecasts to set inventory levels —commonly known as make-to-stock supply chains. It looks at common components or available capacity. If production is anticipated, the supply risks generate huge obsolete inventory risks.

Supply Chain Planning Software 68

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 68

Logistics Viewpoints

APRIL 19, 2023

In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated. Dynamic Cross-dock allocation takes into account sales rates and current inventory at the stores.

Supply Chain Planning Software 220

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 220

OptiProERP

AUGUST 19, 2022

Throughput is an essential KPI , and a lean metric, as it evaluates performance. If manufacturers don’t meet throughput goals, it can negatively affect production planning, inventory, and the supply chain. Lack of machine(s) capacity to meet demand. It is key to understanding how your manufacturing team is doing.

Manufacturing 52

Manufacturing Resource Reduction Waste Reduction Expense Reduction 52

Kanban Logistics

FEBRUARY 27, 2020

It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. Multi – channel capabilities : The WMS can manage inventory and orders related to both B2B and B2C simultaneously. Vendor-managed inventory (VMI). Cross docking.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Silvon Software

APRIL 8, 2022

In an effective KPI strategy, leading indicators that help provide insight into future performance should be balanced with lagging indicators that tell them how they’ve done. I also suggest to our manufacturing clients that they keep the following basic principles in mind relative to their KPI strategies. Machine KPIs.

Optimal Sourcing 108

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 108

Unleashed

NOVEMBER 7, 2018

Then work out a process for KPI management. Many companies hold back information when it comes to sharing sales and inventory-related projections. The fulfilment company will need time to adjust and flex their fulfilment capacity. Better Dropshipping with Inventory Management. Lack of management after initiation.

Price Reduction 40

Price Reduction Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 40

Arkieva

APRIL 7, 2016

Ensure continued alignment by sharing inventory turns as a KPI. Figure 1 shows it for inventory and service. The idea is that more service, typically comes with a higher inventory (or lower turns). They increase the service but require a higher inventory. We will start by plotting that frontier per 2 dimensions.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization Supply Chain Strategy 60

Unleashed

JANUARY 10, 2023

That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. It allows you to optimise other processes, such as production and inventory replenishment , to improve how efficiently you’re able to fulfil customer orders.

Supply Chain Planning Software 52

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

Supply Chain Opz

JUNE 1, 2014

Boeing and Airbus Supply Chain Strategy Boeing wants to encourage more flight frequency and direct route using a smaller capacity aircraft. They want to utilize high capacity airplane to help airlines drive the operating cost down. The answer is that they use the multi-echelon inventory model to solve the problem.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

DELMIA Quintiq

SEPTEMBER 16, 2021

When disruptions like unexpected shortages, scheduling slip-ups or inefficient resource allocations occur, MPS offers the ability to quickly react to changes in inventory and evaluate different alternatives for optimal production scheduling. DELMIA Quintiq Master Production Scheduling (MPS). Brian Tracy, Author and Public Speaker.

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Network Optimization Optimization Software 287

BlueYonder

APRIL 16, 2015

Planners start to realize that inventory spread across the distribution network is a source of inefficiency that makes it very difficult for each plant independently to determine the right quantity to produce and where to buffer against variation. Demand planning and inventory optimization capabilities support Stage 2 objectives.

Sourcing Strategies 40

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Modeling 40

Logistics Bureau

NOVEMBER 15, 2021

Is your business one that operates distribution centres and other warehouse facilities to maintain control of inventory? As I’ve mentioned in other KPI articles that I’ve written, we come across a surprising number of businesses that struggle to choose and use KPIs effectively in our consulting work.

Warehousing 52

Warehousing KPI Inventory Reduction Expense Reduction 52

Silvon Software

APRIL 19, 2022

To generate true, actionable insights, it is crucial to deploy KPI metrics together with a single source of truth to produce actionable insights that can drive performance results. I also suggest to our clients that they keep the following basic principles in mind relative to their KPI strategies. Supplier KPIs.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113

DELMIA Quintiq

DECEMBER 23, 2014

Stick to capacity planning tools that provide visibility into your production processes, automatic alerts on inaccurate data input, and immediate insight into the causes of delayed orders. Rise to be the preferred supplier with better capacity planning. Tip 5: Close the inventory gap between model and reality.

Modeling 299

Modeling Supply Chain Planning Software Inventory Reduction Scenario Planning 299

6 River Systems

FEBRUARY 22, 2019

Choose software that facilitates the valuation and control of permanent inventories based on inputs or outputs, with automated stock alerts, that is versatile and independent of the type of business. Define normal parameters and fine-tune the physical inventory system. Once the method is working, standardize it. Robin Schwartz, PHR.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Logistics Bureau

JANUARY 3, 2018

After years of “leaning” the supply chain, many companies are likely to review their approach to the determination of inventory levels and operational capacity. In place of lean, we might have to get used to a new conceptual buzzword in supply chain management—elastic logistics.

Supply Chain Design Software 64

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 64