GlobalTranz

NOVEMBER 12, 2015

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. 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

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

Logistics Viewpoints

MAY 26, 2022

Challenges drive dramatic shifts in supply chain and logistics. Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

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. Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

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.

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

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

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

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

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

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

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

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.

Optimization Software 71

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

OptiProERP

APRIL 9, 2024

Integration with inventory management systems is crucial to accurately confirm product availability and delivery timelines. Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Order Management Once a quote is accepted, it transitions into an order.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? SIOP stands for “Sales, Inventory, Operations Plan”, not to be confused with “S&OP”.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

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

ThroughPut

SEPTEMBER 14, 2022

Transportation and logistics management in mid to large scale companies essentially translates into specific time driven outcomes – We are talking about the speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Forecasting Software Predictive Analytics Software 52

ThroughPut

FEBRUARY 2, 2024

This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment. Clear Demand Forecasting Without Advanced Analytics: It’s hard to predict what customers will want. is advanced supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Global Trade Management

DECEMBER 11, 2023

Harnessing the Power of Predictive and Prescriptive Analytics Predictive analytics is the key to foreseeing future events, such as equipment failures or the precise amount of inventory needed based on sales forecasts. Conversely, prescriptive analytics provides actionable insights, guiding businesses in making informed decisions.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics 59

Locus

APRIL 3, 2023

All successful modern-day businesses rely on an efficient system of logistics management. This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. from 2019 to 2025.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

Talking Logistics

MARCH 4, 2016

Before diving into this week’s supply chain and logistics news, I want to share a couple of quick news items of our own. First, for all of you who have asked for podcast versions of our Talking Logistics episodes , they are now available on our iTunes Podcast channel ! JDA Achieves Key Competitive Wins and Sees Strong Cloud Growth.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Forecasting Software Supply Chain Network Software 0

Logility

FEBRUARY 18, 2020

An ML system may be given a data feed — actual product sales, weather, and an existing forecast, for example — and be asked to draw conclusions about it. Machine Learning has been used to improve demand forecasting since the early 2000s. Planners gain real-time visibility into inventory at rest and in motion.

Supply Chain Planning Software 182

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply and Demand 182

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. We never ran out of or had too much inventory.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

ThroughPut

NOVEMBER 30, 2023

Plus, all this has to be done at the least delivery and logistics cost to maximize revenue and margin! By drilling demand down by store, route, SKU, demand, On-Time, In-Full (OTIF) deliveries, and lost opportunities, you can accurately forecast and plan demand, optimize product mix, and better match global supply and capacity to local demand.

SAP 52

SAP Optimal Sourcing Supply and Demand Data 52

QAD

FEBRUARY 25, 2020

While the focus is on delivering continuous improvements in cost, quality, production and delivery, significant environmental benefits often result in the areas of production efficiency and waste minimization. Consider the effects of excess inventory and unnecessary shipments.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

GlobalTranz

JULY 13, 2018

The Solution: Minimizing Supply Chain Disruption Requires Analytics The only way to successfully minimize supply chain disruption is through continuous improvement. Continuous improvement can permeate every aspect of supply chain management, ranging from vendor management to reverse logistics. Better forecasting.

Analytics Software 125

Analytics Software Supply Chain Disruption Analytics Inventory Management Software 125

American Global Logistics

SEPTEMBER 12, 2023

Big Data analytics Artificial intelligence and machine learning enable predictive analytics and demand forecasting, facilitating better decision-making. Lean manufacturing and just-in-time production minimize waste and inventory levels while maximizing efficiency.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

BlueYonder

MAY 5, 2023

To ensure we have the right inventory in the right ZIP code, we’ve invested in artificial intelligence-driven forecasting. Andy Kettlewell, Group VP, Inventory and Analytics, Walgreens 6. Ken Shotts, VP of Distribution and Logistics, ABB 7. Logistics is mission critical. That’s why we chose Blue Yonder.

Material Savings 85

Material Savings Supply and Demand Supply Chain Software Demand Planning Software 85

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Practical Guides like Plan for Every Part (PFEP) , Demand Forecasting Methods or Stocktaking Procedure. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 74

Elementum

FEBRUARY 7, 2024

Logistics Management: Streamlining Operations with AI In logistics, AI-driven process automation optimizes routing, fleet management, and delivery schedules, significantly reducing operational costs and improving efficiency. These evaluations should guide towards continuous improvement.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Resource Reduction 78

SCMDOJO

DECEMBER 14, 2023

Production Lead Time: Beyond reducing carrying costs and inventory levels, an optimized production lead time empowers businesses to respond quickly to changes in market demand. An efficiently managed total lead time is a key factor for improved operational performance and sustained business growth.

Inventory Reduction 80

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 80

Intelligent Audit

OCTOBER 27, 2022

Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. Inventory Predictions.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Logility

JANUARY 25, 2018

Traditionally, complexity required increasing inventory levels to buffer against the unknown, which in turn brought about more scrutiny from senior management as working capital increased. Industry research and surveys point to Inventory Optimization (IO) as a key capability to combat these growing supply chain stresses.

Modeling 100

Modeling Prescriptive Analytics Software Inventory Reduction Optimization Modeling 100

ThroughPut

JANUARY 23, 2020

Speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement. Here are 6 ways Artificial Intelligence brings radical Efficiencies in the Supply Chain & Logistics Cycle: 1) Bolstering Planning & Scheduling Activities. 2) Inventory and Demand Management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimal Sourcing 52

New Horizon Supply Chain Blog

SEPTEMBER 18, 2023

Introduction I started to write a “Demand Forecasting 101” article but decided that was going to turn into another Ph.D. This is a list of things that I learned about demand forecasting early in my career – things that would have been nice to know from day one. But this list is agnostic of the particular forecasting technology used.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Logistics Viewpoints

DECEMBER 6, 2020

Dramatic demand shocks have been all but impossible to forecast. The solution starts with an unconstrained forecast across all channels. The solution translates that into inventory requirements and how those goods need to move through the supply chain. RELEX Solutions is focused on serving retailers.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

New Horizon Supply Chain Blog

MARCH 20, 2023

Introduction I started to write a “Demand Forecasting 101” article but decided that was going to turn into another Ph.D. This is a list of things that I learned about demand forecasting early in my career – things that would have been nice to know from day one. But this list is agnostic of the particular forecasting technology used.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52