QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. RFID tags are one of the best technologies for quickly and accurately tracking goods throughout the value chain. What is RFID Technology?

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

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

AUGUST 2, 2021

Kimberly-Clark is public consumer goods company that generated over $19 billion in revenues last year. This consumer goods behemoth has driven ongoing supply chain productivity through their FORCE (Focused On Reducing Costs Everywhere) program. Not surprisingly, many of FourKites’ users work in transportation operations.

Real-time Visibility 251

Real-time Visibility Shipping Sourcing Strategies Supply Chain Planning Software 251

Supply Chain Shaman

JANUARY 8, 2024

In the past five years, companies have 5-10X the number of AGVs in their warehouses, but 40-60% more planners in corporate. We have successfully reduced warehouse labor, but planning is more labor intensive today, and less effective. The supply chain has two important buffers–inventory and capacity. Performance Declines.

Supply Chain Design Software 235

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 235

Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Product availability was a clear problem during the pandemic: last holiday season, consumers saw over 6 billion out-of-stock messages online , a 253% increase over the 2019 season. in April 2021.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Logistics Viewpoints

JANUARY 11, 2023

Top 20 Warehouse Automation Suppliers Worldwide ; Clint Reiser. ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. I picked a good time to cover what is now well-known to be a hot market consisting of many successful warehouse automation suppliers. billion in 2019.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

A McKinsey’s report published in 2022 indicates that 32 per cent of people from industries like automotive, consumer goods, and pharmaceutical find demand variability and forecasting responsible for value chain disruptions. Companies that predict demand, will be able to respond efficiently. billion by 2025.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

Logistics Viewpoints

MARCH 27, 2023

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

EazyStock

FEBRUARY 17, 2021

What is Inventory Replenishment? Inventory replenishment is the process of moving stock items along the supply chain to ensure inventory levels are sufficient to cover demand. Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 75

Logistics Viewpoints

JULY 31, 2023

Unilever (NYSE: UL) is one of the world’s largest consumer goods companies. This multinational operates 280 factories and 500 warehouses, that source raw materials from 52,000 suppliers in over 150 countries, processes 25 million customer orders annually, that are then shipped to customers in over 190 nations.

Inventory Reduction 170

Inventory Reduction Supply Chain Planning Software Material Savings North America 170

Supply Chain Matters

DECEMBER 6, 2023

The report specifically indicates : “ November’s dip was largely triggered by a decline in Inventory Levels (-9.1) which is attributable to Q4 holiday sales and the subsequent dips in Warehousing Capacity (+3.6) and slowdown in Warehousing Utilization (-14.0) and Transportation Capacity (+5.2)

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trends Logistics Scenario Planning 52

Alloy

JUNE 13, 2023

Menu Product Solutions Partners Resources Get Started Login Product Alloy.ai Overview Alloy.ai Menu Product Solutions Partners Resources Get Started Login Product Alloy.ai Overview Alloy.ai

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Beverage Consumer Goods 52

Supply Chain Shaman

APRIL 15, 2020

The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. A Sample Demand Pattern for Consumer Goods. Instead, use demand sensing technologies to detect patterns with minimal latency into inventory requirements. Evaluate Inventory. What to do?

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

Unleashed

MARCH 13, 2019

When managing inventory, there are a wide array of challenges and problems that face business owners. Inventory is one of your most important assets. It’s imperative to prevent and mitigate inventory management problems in order to protect the lifeblood of your business. Inventory going off. Human error.

Inventory Management Software 66

Inventory Management Software Inventory Management Inventory Forecasting Software 66

Supply Chain Matters

DECEMBER 28, 2023

Timely Industry Example- Online Retail and E-Commerce With increased importance of online retail, E-Commerce or services-centric business models, enhanced coordination of customer focused fulfillment and inventory management has taken on special emphasis. and specifically increased demand for many forms of pandemic related consumer goods.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Supply Chain Software 59

Supply Chain Shaman

AUGUST 7, 2018

However, we can start with inventory management and the tracking of materials in the hospital more efficiently. I remember the days of when I first ran a warehouse for a manufacturing company. It was before warehouse management. In those days, it was impossible to track inventory in the warehouse.

Pharmaceutical 150

Pharmaceutical Manufacturing Procurement Sourcing Strategies Inventory Reduction 150

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Unleashed

SEPTEMBER 23, 2021

Cross docking is an option to consider if you’re thinking about ways to streamline your supply chain – it’s a popular distribution system for fast-moving consumer goods, but can be used in a variety of other industries. The goods are sorted and transported to their final destination. Why is cross docking used?

Case Study 92

Case Study Cost Reduction Strategies Study Inventory Reduction 92

Taulia

SEPTEMBER 9, 2021

Inventory management is an essential process for almost every type of business. Inventory is often the largest current asset and poor or ineffective management of stock can lead to large losses or in some cases, business failure. Yet the successful organization of inventory is not without its challenges.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Material Savings 52

Vecco International

FEBRUARY 4, 2024

Large global consumer goods companies with a combination of internal manufacturing and outsourcing must effectively predict demand and manage complex multi-national supply chain networks to ensure on-time in full delivery to their retail customers such as WalMart, CostCo, Amazon, QVC.

Beverage 40

Beverage Food Supply Chain Planning Software Manufacturing Procurement 40

Logistics Viewpoints

SEPTEMBER 19, 2022

Nulogy, for example, is a platform for collaboration between consumer goods brands and their copacker and comanufacturing partners. Chris Castle, the vice president of product management at Nulogy, said that collaboration in the consumer goods industry was more even handed than in industries like automotive.

Supply Chain Design Software 157

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 157

Supply Chain Shaman

APRIL 30, 2020

The companies are just not good at managing inventories and orchestrating distribution strategies. The industry planning team expertise lags the consumer goods, and hi-tech industries. Localize supply—design inventory strategies to include buffer strategies. Be a good shipper. Recommendation. Recommendation.

Supply Chain Design Software 352

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 352

ToolsGroup

MARCH 17, 2021

Because our customers around the globe can meet or exceed their service level requirements while minimizing inventory, they’re ready for whatever tomorrow brings.” Michael has been particularly instrumental in the past 12 months working closely with companies in the fast-moving consumer goods industry on COVID-19 response and recovery.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

RFgen

JUNE 21, 2017

Warehouse managers have many opportunities to respond to the “Amazon Effect.” For example, a Logistics Viewpoints story guest written by industry expert Karen Sage explained that consumers increasingly expect free shipping within a day or two, one small response to Amazon’s business models.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Resource Reduction 52

RFgen

JUNE 21, 2017

Warehouse managers have many opportunities to respond to the “Amazon Effect.” For example, a Logistics Viewpoints story guest written by industry expert Karen Sage explained that consumers increasingly expect free shipping within a day or two, one small response to Amazon’s business models.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Resource Reduction 52

3PL Insights

MAY 3, 2021

The tool provides warehouse customers a holistic view of their account activity based on real-time data. “As Our customers identified a need for a data insight tool that shows trends in their inventory and transactions,” Evans says. MELVINDALE, Mich.,

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

Logistics Bureau

OCTOBER 31, 2017

Imagine stepping back in time to visit a large warehousing operation in 1990. To save you from a meltdown, let’s take a brief journey through warehouse operating developments from 1990 to 2045. 1990: A Fine Vintage for Warehouse Operators. 1990: A Fine Vintage for Warehouse Operators. Is your mind boggling yet?

Supply Chain Software 47

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Warehousing 47

Logility

JUNE 28, 2022

Applying Starboard’s rich set of reference costs with Logility’s lane rates and time data structures, users have the ability to quickly analyze options in regions for which they have no prior data and locate the absolute best location for future plants, warehouses or 3PL locations.

Optimal Sourcing 252

Optimal Sourcing Network Optimization Software Logility Supply Chain Network Software 252

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Small businesses getting squeezed out in push for warehouse space. Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185

Enterra Insights

MARCH 9, 2022

For instance, … in shipping and logistics, machine learning models can analyze data on inventory, transit routes, truck location, etc. ” Journalist Amanda Loudin ( @MissZippy1 ) isn’t sure the potential for predictive analytics in warehouse operations is ready to be realized. ”[6]. Concluding Thoughts.

Predictive Analytics 130

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 130

EMERGE App

MAY 28, 2019

Here, we’ll start by covering what reducing your inventory means. Then we’ll summarise some inventory holding costs that you might not know about. Finally, we’ll cover 5 ways that you can take to sensibly reduce your inventory now. What Does Reducing Your Inventory Mean? What Are Inventory Holding Costs?

Inventory Reduction 45

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 45

RFgen

APRIL 5, 2016

Cosmetic damage to products is a common problem in inventory management, but holds special challenges for food manufacturers. The merchandise created and distributed by the food industry are basic goods and necessary for a healthy populace. Donating food inventory is noble, but not always easy. Using Data to Communicate.

Food 52

Food Inventory Reduction Inventory Waste Reduction 52

RFgen

APRIL 5, 2016

Cosmetic damage to products is a common problem in inventory management, but holds special challenges for food manufacturers. The merchandise created and distributed by the food industry are basic goods and necessary for a healthy populace. Donating food inventory is noble, but not always easy. Using Data to Communicate.

Food 52

Food Inventory Reduction Inventory Waste Reduction 52

Supply Chain Matters

JUNE 7, 2023

Noted was a late May decline, largely driven by a more pronounced shift in inventories in the second half of May, reflecting a higher rate of expansion in the first half. Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Logistics Viewpoints

JUNE 26, 2023

Mars is one of the largest fast moving consumer goods companies in the world. In terms of finding a 4PL solution provider, Mars wanted a company that could engage in truck loading and route optimization, and schedule shipments into and out of their warehouses. This private, family-owned business is headquartered in the US.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Logistics Viewpoints

MARCH 25, 2021

A storm may leave roads closed, warehouses shut down, utilities lost, and employees stranded. The pandemic drove up prices on many consumer goods as people shifted spending to e-commerce and bought at holiday levels in early spring. The coronavirus disruptions highlighted the stressed nature of lean and just-in-time inventories.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

RFgen

JANUARY 21, 2016

Innovative inventory techniques go from abstract to concrete in 2016. As retailers study their current warehouse operations, they have to keep one eye on innovations positioned to become industry standards. Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52