Logility

JANUARY 18, 2024

Technologies are being designed from the ground up to use AI capabilities to improve forecasts and reveal insights faster than any human could. And even ChatGPT is making it easy for anyone to create content – even complete articles and white papers – to answer virtually every question people can imagine. Want to learn more?

Modeling 192

Modeling Optimal Sourcing Supply Chain Planning Software Supply Chain Software 192

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

Logility

OCTOBER 31, 2016

Get out a piece of graph paper and plot your current achieved service level on the x-axis and your current inventory level on the y-axis. Now, estimate how much more inventory on hand would be required to raise your service level by 5%, 10%, 15%, and so on. Mark that point with a dot. Or can you?

Modeling 113

Modeling Supply Chain Optimization Supply Chain Scenario Planning 113

synchrono

JANUARY 8, 2018

A few decades ago, Vendor Managed Inventory (VMI) was a hot topic. Many manufacturers saw it as a way to reduce inventory levels and costs. If they could get their suppliers to maintain ownership of raw materials or subcontracted components until consumed, inventory levels would naturally drop—on paper anyway.

Vendor Strategies 75

Vendor Strategies Inventory Reduction Inventory Manufacturing Procurement 75

Logility

OCTOBER 11, 2016

We may first think that minimizing waste means minimizing inventory, but time, effort and people are also resources to be utilized properly. We can apply Lean principles to supply chain planning, the biggest objectives of which are to reduce costs and improve customer service. Related Content: White Paper: Beyond Basic Forecasting.

Agile and Lean Supply Chain 102

Agile and Lean Supply Chain Supply Chain Planning Software Lean Supply Chain Planning 102

The Network Effect

MAY 29, 2015

Omnichannel retail is a multichannel approach to retail that provides the customer with a seamless shopping experience whether the customer is shopping online from a computer or mobile device, or in a brick and mortar store, seamless inventory visibility and seamless continuous improvement.

Omnichannel 100

Omnichannel Agile and Lean Supply Chain Resource Reduction Inventory Reduction 100

Logility

MARCH 29, 2017

An improvement in forecast accuracy can have a significant impact on the bottom line by reducing inventory buffers, obsolete products, expedited shipments, DC space required and other non-value added work. At the same time we see higher customer fill rates, improved customer satisfaction, and increased revenue and margins.

Forecasting 100

Forecasting Forecasting Software Supply Chain Planning Software Agile and Lean Supply Chain 100

synchrono

OCTOBER 30, 2017

reduced inventory waste and carrying costs and more) asking people to change the way they work is also real. There is a real cost of carrying inventory and eliminating this cost frees up accessible cash that can be reinvested into the company. Case Study: Continuous Improvement Immersion + the Right Tools Proves Profitable for Dynisco.

Inventory Reduction 38

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 38

synchrono

NOVEMBER 6, 2017

Both Lean Manufacturing and Theory of Constraints emphasize managing variability as part of a continuous improvement effort. For a more thorough discussion on push vs. pull, download our white paper The Next Generation of Planning and Scheduling Solutions. Excess inventory sitting in the warehouse is not counted.

Agile and Lean Supply Chain 39

Agile and Lean Supply Chain Lean Demand Planning Software Supply and Demand 39

synchrono

JUNE 19, 2017

When it comes to ordering materials and components, managing inventory levels, or organizing the delivery of finished goods to customers, companies are forced continually to chase business partners – mostly suppliers, logistics companies, and retailers – via a messy stream of emails, phone calls, and even faxes.

Real-time Visibility 85

Real-time Visibility Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 85

Logility

AUGUST 30, 2016

We try to measure “better-faster-cheaper” by developing indexes based on margin, asset efficiency, inventory turns, supply chain cost as a percentage of sales, or growth. We use this relative positioning to derive high-value improvement initiatives that will lead us up the maturity curve. Let us know your thoughts below.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Vendor Strategies Cost Reduction Strategies 100

Logility

AUGUST 30, 2016

We try to measure “better-faster-cheaper” by developing indexes based on margin, asset efficiency, inventory turns, supply chain cost as a percentage of sales, or growth. We use this relative positioning to derive high-value improvement initiatives that will lead us up the maturity curve. Let us know your thoughts below.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Vendor Strategies Cost Reduction Strategies 100

synchrono

FEBRUARY 3, 2016

When I first began instituting demand-driven practices in the late 90s, we were into creating pull, eliminating waste, and getting on a path of continuous improvement. Additional resources on this topic: White Paper: How Technology Will Connect Your Enterprise and Create the Demand-Driven Factory of the Future – Today.

Demand Planning Software 40

Demand Planning Software Supply Chain Software Supply and Demand Waste Reduction 40

6 River Systems

OCTOBER 19, 2020

Planning and organizing inventory is a vital facet of warehouse logistics. Estimating traffic Implementing the right racking system Choosing the best order picking carts to meet the warehouse’s requirements Implementing inventory management software Mapping your warehouse is a crucial step that should not be missed.

Warehousing 98

Warehousing Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 98

synchrono

OCTOBER 4, 2016

Aligning Lean Manufacturing and Continuous Improvement Practices. Engineering changes are typical and material is not purchased for inventory, but for a specific project. Recommended reading: White Paper: Why Become More Demand-Driven? Connecting and communicating through a demand-driven ecosystem.

Manufacturing Procurement 49

Manufacturing Procurement Demand Planning Software Supply and Demand Supply Chain Design Software 49

synchrono

OCTOBER 18, 2016

Through the use of supplier quality certifications and blanket (long-term) purchase orders, a manufacturer can accurately and effectively calculate the optimal level of inventory needed to fulfill demand requirements through the duration of replenishment lead time. Eliminating inventory waste. Eliminating inventory waste.

Manufacturing Procurement 40

Manufacturing Procurement Agile and Lean Supply Chain Demand Planning Software Optimization Software 40

synchrono

NOVEMBER 6, 2016

eKanban systems automate inventory replenishment by sending suppliers real-time demand signals and enable collaboration by providing both parties with online visibility into order and fulfillment status. Start with right-sizing inventory and just-in-time replenishment practices. in inventory costs, just by right-sizing. (See

Demand Planning Software 53

Demand Planning Software Supply Chain Planning Software Supply and Demand Supply Chain Software 53

o9 Solutions

OCTOBER 20, 2021

This focus on fresh and healthy options means shorter shelf life and a need to optimize inventories and product flows to prevent spoilage. Optimal allocation can improve inventory imbalances due to a reduction in working capital and spoilage. Demand Forecasting. Optimizing Product Availability. View Whitepaper.

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 52

Vanguard Software

JULY 13, 2021

They can gauge inventory levels and inventory replenishment requirements and explore ways to achieve future success by meeting demand accurately and efficiently while reducing costs. Many Vanguard clients expose their supply plans in real-time with their vendors for confirmation or, at least, to improve visibility.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Prescriptive Analytics Software Quality 52

Intelligent Audit

MAY 11, 2021

Download the White Paper. Increased scheduling efficiency, promoting improvements at the dock and in the company wallet via freight bill auditing and payment management. . End-to-end visibility to know the real health of your business and drive continuous improvement. . That is not even a comprehensive list.

Supply Chain Optimization 52

Supply Chain Optimization Optimal Sourcing Supply Chain Planning Supply Chain 52

synchrono

AUGUST 22, 2016

Given the more customer-centric demand-driven model – coupled with greater access to information – the metrics that manufacturers monitor to make improvements in operations become more focused and actionable. Focus on what you can take action on to improve. White Paper: Demand-Driven Manufacturing Metrics that Drive Action.

Metrics 40

Metrics Demand Planning Software Modeling Software Analytics Software 40

Arena Solutions

JANUARY 3, 2022

Rather than sticking to traditional, outdated systems, agile organizations embrace a digital transformation that involves the adoption of new electronic systems or cloud-based technologies to increase operational efficiencies, improve team collaboration, and bring new value to customers. Read White Paper.

Manufacturing Procurement 52

Manufacturing Procurement Agile and Lean Supply Chain Supply Chain Design Software Manufacturing 52

RFgen

JULY 2, 2017

Drive continual improvement to sustain consistent, iterative growth. These lean principles – avoiding waste and fostering ongoing improvements – have come to define the manufacturing sector. What inventory levels must be maintained to ensure smooth operations? WHITE PAPER: Food Traceability Survival Guide.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Lean Supply Chain Planning Software Waste Reduction 52

RFgen

JULY 2, 2017

Drive continual improvement to sustain consistent, iterative growth. These lean principles – avoiding waste and fostering ongoing improvements – have come to define the manufacturing sector. What inventory levels must be maintained to ensure smooth operations? WHITE PAPER: Food Traceability Survival Guide.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Lean Supply Chain Planning Software Waste Reduction 52

synchrono

NOVEMBER 18, 2016

Rick Morris, a Certified Supply Chain Professional wrote in Supply House Times that while improving fill rates, improved forecast accuracy also lowers inventory levels measured in days of sales; and simultaneously , improved forecast accuracy improves fill rates and lowers inventory. gain in profits.

Supply Chain Visibility 40

Supply Chain Visibility Real-time Visibility Supply Chain Software Forecasting Software 40

Veridian Solutions

OCTOBER 2, 2019

For retailers, failure to consider the impact of Golden Week results in an inability to maintain inventory through Halloween. This is genuine continuous improvement in the supply chain. . Download a Copy of the White Paper. The State of Automation in Warehouse Management.

Retail 40

Retail Material Savings Supply Chain Planning Software Inventory Reduction 40

synchrono

JANUARY 31, 2017

Action to improve flow, manage constraints, direct continuous improvement efforts and more. If there is no direct link to cash in, cash out, inventory or operating expense, then your measurement may be an assumed measurement. Before we begin, here’s why we should. Guide: Operations Metrics for Action.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

Supply Chain Trend

OCTOBER 31, 2016

Jim : Basic clarity, so many webinars, so many LinkedIn groups, so many consultants, so many white papers, has really muddied the waters of a fairly simple concept. Without senior leadership shepherding, S&OP can struggle to effectively launch and stay in place. How is the S&OP process performing?

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

synchrono

JANUARY 28, 2018

The High Cost of Excess Inventory. One of the best (but not always the easiest) ways to lower costs is to lower inventory levels. Here’s a quick way to see how much your excess inventory is costing you: The commonly accepted carrying cost for inventory is around 20%. But how much of my current inventory is “excess”?

Internet of things 84

Internet of things Inventory Reduction Material Savings Cost Reduction Strategies 84

synchrono

APRIL 4, 2017

Driving Continuous Improvement. There are two subordinate measurements: Inventory and Operating Expense. These three measurements cover the gambit of what needs to be measured because they are directly related to customer orders, cash captured inside the organization, and the cash it takes to turn inventory into sales.

Metrics 68

Metrics Demand Planning Software Supply and Demand Manufacturing 68

Infosys Supply Chain Management

MARCH 6, 2014

White Papers. |. During peak processing periods - like year closing activities, balance sheet preparation, inventory reconciliation etc. This is true to some extent but security measures have improved a lot in recent times and are in continuous improvement mode. Islamic Banking. Mobile Banking. Offerings. |.

Supply Chain Planning Software 35

Supply Chain Planning Software Supply Chain Software Modeling Software Supply Chain Planning 35

6 River Systems

JULY 30, 2020

Based on interviews with more than 25 early adopters of collaborative mobile robotic (CMR) solutions, our most recent white paper explores the many ways that CMRs make an economic impact on fulfillment and warehousing operations. If your order volume increases, so must your inventory. Whether it’s a 15-month ROI, $8.5M

Innovation 52

Innovation Industry Industrial Logistics Network Optimization Software 52

synchrono

JUNE 25, 2018

Trying to address the “problem” without putting it into its proper context could lead you to produce more than you need, which could lead to even greater problems like inflated inventory levels. You often see continuous improvement talks or articles that promote the idea of the three levers of improvement: people, processes, and technology.

Manufacturing 45

Manufacturing Data Six Sigma Lean 45

synchrono

FEBRUARY 11, 2018

In the first post, we looked at how the IIoT can help manufacturers lower inventory levels. We also shared how one of our customers was able to reduce inventory by as much as 55% in one factory, while at the same time reducing lead times from twelve weeks to two. Related Post: It’s Time to Revisit Vendor Managed Inventory.

Internet of things 49

Internet of things Material Savings Inventory Reduction Demand Planning Software 49

GlobalTranz

SEPTEMBER 23, 2021

Download the White Paper: Over the Road Freight Management Trends. With driver shortages still impacting the industry and continual fluctuations with supply and demand balances, it is more important than ever for OTR managers to get on board with remote tools and digital services. continued growth and success. Learn More.

Prescriptive Analytics Software 358

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 358

QAD

OCTOBER 29, 2020

Finance: The entire team — sales, finance, supply chain, quality, plant operations and maintenance — strikes a good balance between inventory levels , operational stability and working capital constraints to help manage quality levels, costs and compliance. Some examples of how successful enterprise KPIs could work are as follows: .

Supply Chain Planning Software 76

Supply Chain Planning Software Analytics Software Predictive Analytics Software Optimization Software 76