Logility

NOVEMBER 30, 2023

Companies need to define objectives, acquire the right tools and technology, prepare the data infrastructure, implement AI models, and continuously improve the system. Demand sensing Real-time visibility and insights into shorter-term demand enable improved service levels and higher forecast accuracy.

Supply Chain Planning Software 177

Supply Chain Planning Software Modeling Supply Chain Software Scenario Planning 177

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ToolsGroup

MAY 11, 2023

“We needed a supply chain planning solution with unmatched forecasting to lay the foundation for customer-centric inventory and replenishment planning. We wanted to carry this same spirit of collaboration and focus on continuous improvement into our supply chain revitalization.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Forecasting 156

ThroughPut

JULY 14, 2020

“ Lean” is considered to be a philosophy of continuous improvement. What is Lean Continuous Improvement? Lean Continuous Improvement is defined as a method for identifying opportunities for streamlining work, reducing waste, and increasing productivity. More efficient operations.

Continuous Improvement 69

Continuous Improvement Agile and Lean Supply Chain Waste Reduction Lean 69

Unleashed

OCTOBER 9, 2018

When many businesses forecast demand, even the most studious companies will not get it 100 percent accurate, instead of perfection, the focus should be on minimising errors. Planning is one of the core functions of supply chain management that can help minimise errors and thus increase the accuracy of forecasting demand.

Forecasting 58

Forecasting Supply and Demand Forecasting Software Supply Chain Planning Software 58

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

ToolsGroup

OCTOBER 5, 2023

While familiar favorite capabilities remain – including personalized dashboards and custom alerts – ToolsGroup has also added important new capabilities to SO99+ in this release, such as enhanced seasonality clustering and aggregate forecasting functions.

ToolsGroup 156

ToolsGroup Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 156

Unleashed

MAY 25, 2023

Do you know your optimal inventory levels? Inventory planning enables you to order the right stock at the right time to meet demand and prevent overstocking. What is inventory planning? It is a key function of modern inventory management. Let’s take a quick look at some of the core benefits of inventory planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

ToolsGroup

NOVEMBER 7, 2023

This is just the latest of the company’s significant strides towards making supply chains a force for good by helping organizations lower inventory, ensure product availability, and improve customer satisfaction across channels. “As Stay in touch with ToolsGroup on LinkedIn , Twitter , YouTube , or visit www.toolsgroup.com.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. This number can then be used as a benchmark for continual improvement, supporting sustainable business growth.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

C3 Solutions

NOVEMBER 27, 2020

Demand sensing relies on the automation of analytics, machine learning and real-time information to improve forecasting for a given facility, such as a retailer or warehouse. Unlike traditional forecasting, its advantages lie in adjusting the forecast around the clock and enabling continuous improvement in inventory planning.

Supply and Demand 158

Supply and Demand Forecasting Supply Chain Software Continuous Improvement 158

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Implementation of Sales Forecasting. The focus on sales forecasting started shortly after Y2k. Each P&L leader will game the system to improve bonus structure payouts. The reason?

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

GlobalTranz

NOVEMBER 12, 2015

Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

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

RFgen

MAY 26, 2023

In the world of inventory management, stockouts and overstocking can be detrimental to business success. To stay ahead in today’s highly competitive market, organizations must adopt smart strategies for avoiding inventory stockouts and overstocking. Overstocking occurs when a business has too much inventory on hand.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings 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%. Forecast errors halved.

ToolsGroup 156

ToolsGroup Inventory Reduction Price Reduction Manufacturing 156

Logility

OCTOBER 22, 2020

Among other aspects of a modern-day business, forecasting has become more complex, with many firms striving to incorporate product, pricing, discounts, channel, and other available data to improve accuracy. Machine learning forecasting is very fast, allowing a company to generate hundreds of thousands of SKU-level forecasts in minutes.

Supply Chain Planning Software 182

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimal Sourcing 182

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

RFgen

MAY 16, 2023

Inventory drives the supply chain, ensuring the right amount of stock is available in the right place at the right time. But as supply chains continue to get more complex each year, delivering on target and on time becomes more difficult. That’s why most inventory handlers leverage data.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. Ipsen also need to reduce their lead times.

Supply and Demand 193

Supply and Demand Customer Service Logistics Network Optimization Software Supply Chain Planning Software 193

Herlitz Inventory Management

OCTOBER 1, 2018

Since implementing HIMPACT, Maurice Sporting Goods is fully equipped to improve customer service levels, lower inventory, and increase profits. Herlitz Inventory Management delivered a rich, market focused, customized solution that optimizes customer service levels and will increase profits.

Forecasting 40

Forecasting Optimal Sourcing Forecasting Software Customer Service 40

ThroughPut

APRIL 6, 2020

Also, companies with optimal supply chains benefit with 15% lower supply chain costs , less than 50% of inventory holdings and 3x faster cash-to-cash cycles. Are the inventory numbers being tracked accurately across the several stages of production? – How can it help match appropriate inventory stocks based on demand trends?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

Supply Chain Shaman

NOVEMBER 21, 2018

2) Forecast Value Added. Forecast Value-Added (FVA) is a measurement of demand management improvement. This measurement adds discipline to the forecasting process by comparing the error and bias of the forecast as compared to the Naïve Forecast. 3) Forecastability : A measurement of the ease of forecasting.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

ThroughPut

APRIL 6, 2020

Also, companies with optimal supply chains benefit with 15% lower supply chain costs , less than 50% of inventory holdings and 3x faster cash-to-cash cycles. Are the inventory numbers being tracked accurately across the several stages of production? – How can it help match appropriate inventory stocks based on demand trends?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

Logility

AUGUST 18, 2023

Without a detailed comprehension of how supply chains operate and contribute strategically to the organization, opportunities for efficiency improvements and strategic integrations are often overlooked. This can be seen in the form of improved on-time delivery rates, enhanced inventory turnover, and more accurate demand forecasting.

Supply Chain Performance 188

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 188

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Improved Customer Satisfaction A structured department is better equipped to handle customer demands. Materials Planner Forecasts material needs based on production plans and sales forecasts.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Sourcing Strategies 79

Logility

MAY 3, 2022

With AOP, your salespeople and e-commerce platform have accurate, real-time estimates of how much product is available to promise or capable to promise so orders will never go unfulfilled due to lack of available inventory. Here are some key advantages of an automated order promising solution: Improved customer satisfaction.

Supply Chain Planning Software 182

Supply Chain Planning Software Optimal Sourcing Forecasting Software Demand Planning Software 182

Logistics Viewpoints

APRIL 4, 2022

For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We The company also needs to drive cash efficiency and improved productivity. Most companies use shipment history as the key data for forecasts. Resilience and Agility.

Supply Chain Transformation 194

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 194

Supply Chain Shaman

NOVEMBER 10, 2013

This week I interviewed Robert Byrne, Founder of Terra Technology , on the results of their fourth benchmarking study on forecasting excellence. The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. The other is Chainalytics demand benchmarking.

Supply and Demand 228

Supply and Demand Forecasting Forecasting Software Modeling Software 228

Supply Chain Shaman

MARCH 27, 2023

Just as the electric light bulb did not come from the continuous improvement of candles, I believe that supply chain planning improvements will not come from doing more of the same. What is the role of inventory? The goal of a forecast? My goal is to drive change. Cleaning up our language needs to be a first step.

Supply Chain Planning Software 295

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 295

Supply Chain Shaman

JANUARY 21, 2014

Companies are stuck at the intersection of inventory turns and operating margin. They are unable to drive improvements in both. > Unfortunately, companies have invested money in traditional forecasting processes believing that if they make the forecast better that corporate performance will improve.

Supply and Demand 317

Supply and Demand Modeling Demand Planning Software Forecasting 317

My Office Apps

OCTOBER 9, 2023

AI’s Role in Changing Distribution Software Distribution management software (DMS) is a comprehensive solution that helps businesses effectively manage their supply chain , logistics, inventory, and order fulfillment processes. It uses historical data and external factors like market trends and seasonality to forecast demand accurately.

Optimization Software 71

Optimization Software Forecasting Software Inventory Management Software Supply Chain Planning Software 71

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. Conduct an Operational Assessment The first step in boosting the performance of your distribution operations is to assess your current processes and identify areas for improvement.

Inventory Reduction 106

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 106

ThroughPut

DECEMBER 6, 2023

.” Unlike diagnostic and descriptive analytics, which were designed to analyze situations after they happened, predictive analytics utilizes advanced data analytics techniques to forecast future outcomes. Time series forecasting focuses on predicting future data points based on past sequences.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

SCMDOJO

JUNE 6, 2023

Demand Forecasting & Planning Understanding data analytics is relevant as we continue to herald in the nouveau era of tech-powered automation and optimization. Moving along, data analytics helps with effective demand forecasting and planning. This helps them optimize inventory levels and avoid overstocking or understocking.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72