Supply Chain Game Changer

MARCH 26, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Use ABC Analysis to Categorize Your Inventory. The use of ABC analysis to categorize inventory is not a new concept.

Inventory Management Software 124

Inventory Management Software Inventory Management Inventory Reduction Inventory 124

GlobalTranz

AUGUST 10, 2016

Today, Kelly shares the top 14 Logistics and Supply Chain Management training programs and courses available in 2016. University Courses. This program is developed by University of North Texas and it offers international students to complete one year course related to logistics. The cost of such program is $25,000.

Course 120

Course Supply Chain Design Software Supply Chain Planning Software Price Mitigation Strategies 120

Supply Chain Shaman

JANUARY 8, 2024

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. The supply chain has two important buffers–inventory and capacity.

Supply Chain Design Software 235

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

BlueYonder

APRIL 9, 2024

Carlsberg has also introduced electric trucks and established a specialized transportation control tower in Poznan, Poland. The success of Carlsberg’s overall sustainability strategy will largely be driven by optimizing this transportation process. In a recent webinar , Carlsberg shared more on this topic.

Optimal Sourcing 103

Optimal Sourcing Sustainability Material Savings Waste Reduction 103

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

Logility

JUNE 21, 2022

The economic sustainability of your business depends on fulfilling orders, of course. There are many places fulfillment can be delayed – from an antiquated order acceptance process to lack of inventory to logistical complexities. It’s an information gap that can cripple your entire business. Inventory planning and optimization.

Modeling 173

Modeling Supply Chain Planning Software Demand Planning Software Supply Chain Software 173

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution.

Optimal Sourcing 77

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Sourcing Strategies 77

Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. Once a return was triggered in the system, information flows failed. In February 2022 I ordered a lovely midcentury modern table.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

SCMDOJO

APRIL 9, 2024

With the advancement of transportation, like wheels and navigation techniques, transport to distant territories was completed over shorter periods. The Industrial Revolution gave rise to large-scale production and transportation efficiency, which led to the modern logistics landscape that we know today.

Supply Chain Design Software 58

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 58

Logistics Viewpoints

JUNE 15, 2023

You call a support center and a chatbot answers the call, understanding your natural language and providing information on shipment status. A transportation manager comes in to start the day. The bot then pings the customer with the information and a reply comes back within minutes. A $115 upcharge will apply.

Supply Chain Software 209

Supply Chain Software Analytics Software Louisville Predictive Analytics Software 209

GlobalTranz

APRIL 14, 2017

Transportation management systems ( TMSs ) are not a new concept, but where they are hosted now, in the cloud, is still new to the shipping industry. Of course, the reasons for keeping the TMS in the cloud go beyond being easier for their providers. Cloud-Based TMS Enables Management of Software From a Central Location.

Analytics Software 122

Analytics Software Forecasting Software Predictive Analytics Software Vendor Strategies 122

Clear Spider

MARCH 31, 2020

Additionally, in our most recent update , we answered the pressing questions regarding whether now would be a good time to implement an inventory management system for businesses and other organizations. While most businesses and organizations are experiencing a slower period of business and operations, there are of course exceptions.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 52

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. This can include examining everything from inventory management and order fulfilment to warehousing, delivery, and customer service. Optimizing inventory can also be achieved by leveraging technology and data analytics.

Inventory Reduction 104

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 104

Clear Spider

APRIL 7, 2020

In this article, we will explain: the concept of Customer Managed Inventory (CMI) how to reduce human-to-human interaction in inventory management operations how to implement this solution in your organization quickly and effectively. COVID-19 Inventory Management Challenges. How to Implement CMI.

Modeling 52

Modeling Supply Chain Optimization Inventory Reduction Optimization Software 52

Logistics Viewpoints

DECEMBER 9, 2022

This is leading to an inventory pile-up of processors and memory chips used in PCs. Some retailers are learning to love bulked-up inventories. There is also a typical drive-thru lane, of course. The companies building their inventories are looking to ensure they have items on hand at the right moment. The largest U.S.

Logistics Network Optimization Software 206

Logistics Network Optimization Software Supply Chain Planning Software GEP Supply Chain Design Software 206

QAD

OCTOBER 26, 2023

Computer chips were recently in short supply and the shortage list has included children’s pain relievers, EV components, eggs and, of course, toilet paper at times. This leads to fulfillment operations inhibited by a lack of visibility and shared information. Luckily, connected chains allow for the sharing of real-time information.

Supply Chain Disruption 94

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 94

Logistics Viewpoints

FEBRUARY 26, 2024

Of course it would! If they were dependent, did they have East Coast distribution centers where they could preplace inventory before the strike occurred. Further, the conversations were important because they also revealed information about the capabilities of suppliers. “We Dr. Runkle averred. There is a risk tradeoff here.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Enterra Insights

JULY 25, 2022

And all of them expect to be connected to logistics providers transporting goods to and from various supply chain nodes. … Traditionally, inventory counts [have been] a complex exercise done manually about once a year but RFID technology enables retailers to monitor stock monthly bringing accuracy from 60% to over 90%.”

Internet of things 130

Internet of things Supply Chain Software Supply Chain Optimization Supply Chain Network Software 130

Supply Chain Opz

OCTOBER 27, 2013

Are you a transportation and logistics professional who are looking for inspiring ideas to improve the operations? This article will show you 5 amazing logistics books that provide the information you can really use. However, they asked "What are some good transport and logistics book you''d recommend?".

Six Sigma 100

Six Sigma Logistics Network Optimization Software Transportation Supply Chain Design Software 100

GlobalTranz

MAY 21, 2015

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement.

Supply Chain Planning Software 120

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Software Sourcing Strategies 120

Veridian Solutions

JANUARY 27, 2020

Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Use ABC Analysis to Categorize Your Inventory. The use of ABC analysis to categorize inventory is not a new concept. As sales increase, inventory will flow faster.

Inventory Management Software 58

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 58

PINC

MARCH 30, 2020

By shifting from a forecast-driven ordering system to one that enables high levels of visibility and information-sharing, companies can effectively avoid the dreaded “bullwhip effect” in their supply chains. Suffering a glut in “green” cars at the time, Volvo’s sales and marketing developed a program to move its excess inventory.

Forecasting 130

Forecasting Forecasting Software Real-time Visibility Demand Planning Software 130

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Furthermore, using qualitative and quantitative forecasting to manage product inventory and distribution enables the wider operations of the business and results in improved customer experience. The dynamic logistics model must incorporate all areas of the business including warehouse management, inventory, storage and last-mile delivery.

Supply Chain Software 130

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

The Logistics & Supply Chain Management Society

MARCH 22, 2022

For example, the One Network platform for supply chain planning and execution is used by the Ministries of Health in Nigeria, Ghana, and Rwanda, providing comprehensive inventory visibility across all health facilities for real time supply demand matching and collaborative decision making. Real-Time Information with IoT and Telematics.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Click here to access the course: How to Start a Career in Supply Chain Management?

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 72

SCMDOJO

JUNE 6, 2023

This helps them optimize inventory levels and avoid overstocking or understocking. This has proven to improve cash flow since businesses avoid extra costs by excess inventory supply, and they also avoid not having enough products on hand. They can avoid bottlenecks and inventory shortages. What is JIT inventory management?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Procurement Analytics 72

RFgen

JULY 25, 2018

A well-run supply chain perfectly estimates the optimal amount of inventory. It can be difficult for companies to operate this way, and therefore many tend to overcompensate with higher inventory. Superfluous inventory can be reduced and even eliminated without impacting client satisfaction negatively with these tips: 1.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Inventory 52

RFgen

JULY 25, 2018

A well-run supply chain perfectly estimates the optimal amount of inventory. It can be difficult for companies to operate this way, and therefore many tend to overcompensate with higher inventory. Superfluous inventory can be reduced and even eliminated without impacting client satisfaction negatively with these tips: 1.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Inventory 52

RFgen

DECEMBER 6, 2018

retail, transportation & logistics, healthcare, manufacturing, government, and education.” (You Retail store staff, receiving clerks and other warehouse employees use barcode scanners or wearable devices such as ring scanners to track the movement of raw materials, finished goods, inventory and more. Next Steps.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Supply Chain Network Software 52

SCMDOJO

APRIL 15, 2024

Smart Home: Amazon Alexa – Virtual assistant technology integrated into Amazon Echo devices for voice-controlled smart home automation and information retrieval. With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems.

Logistics Network Optimization Software 69

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 69

Intelligent Audit

NOVEMBER 19, 2021

A recent market consultant panel, hosted by PARCEL FORUM ’21, “ How to Best Use Transportation Consultants ,” revealed tremendous insight into the state of the market and how companies are leveraging such technology to reduce costs. What Are the Key Requirements for a Successful Outcome When You Engage a Transportation Consultant?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Transportation 52

ToolsGroup

FEBRUARY 7, 2021

On the other hand, of course, as the consumer was not so focused on other industries, we had a slight decrease also there. I think it’s more that the idea of sourcing and how to buffer certain inventory will be definitely more localized. This of course is the reason why we had the big peak in e-commerce.

Predictive Analytics Software 295

Predictive Analytics Software Modeling Retail Forecasting 295

ThroughPut

FEBRUARY 2, 2024

Static vs. Dynamic Inventory Management Without Advanced Supply Chain Analytics: Inventory management might be based on static rules or historical sales data, potentially leading to overstocking or stockouts. A company might order the same quantity of a product each month, not accounting for seasonal demand variations.

Prescriptive Analytics Software 52

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

SCMDOJO

MARCH 25, 2024

The supply chain industry is vital to the global economy with its complex network of activities, people, organizations, information, and resources. Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy.

Negotiating Skills 88

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 88

ToolsGroup

JULY 24, 2019

Global supply chains boomed thanks to bountiful cheap labor, dramatically less expensive communications, and lower-cost transportation. Of course trade-offs of higher manufacturing costs are balanced against reduced inventory costs, lower freight/logistics costs, lower duties and taxes and all the other parts of “total cost to serve”.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Planning Scenario Planning Gartner 189