Logistics Viewpoints

NOVEMBER 4, 2024

We are no longer just forecasting demand but also when trucks and factory machinery are likely to break down ( predictive maintenance ), the optimal amount of inventory to hold and where it should be held ( inventory optimization) , and labor forecasting in the warehouse.

Supply Chain Planning Software 312

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 312

SCMDOJO

DECEMBER 5, 2024

Leveling up your inventory life cycle can be crucial, but keeping all the fundamental factors jumping is essential to let the life cycle evolve. However, if the life cycle stock is healthy, inventory management is smooth. Inventory management revolves around the pivotal concept of the product life cycle. Click here!

Inventory Reduction 98

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory Management 98

Logistics Viewpoints

OCTOBER 24, 2024

At one of the demo booths, what stood out was the ability of the procurement solution to track savings leakage over the course of a contract. They also cover supplier managed inventory, quality collaboration, manufacturing line collaboration, and asset collaboration. However, those savings can leak away in several different ways.

SAP 298

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 298

QAD

OCTOBER 10, 2024

This course, developed by QAD, builds upon the existing Global MMOG/LE Implementation Training Course, offering a more in-depth exploration of the MMOG/LE assessment. What is the Difference Between the Two Courses? Both courses are aimed at all levels within a plant, from leadership to operational staff.

Course 52

Course Purchasing Training Price Mitigation Strategies Manufacturing Procurement 52

ToolsGroup

MARCH 15, 2023

ABC inventory classification has been around so long that most planners just assume it’s the only way to segment your inventory. Let’s examine how inventory management has evolved into inventory optimization so that companies can minimize inventory investment while still hitting service level targets and maximing proftability.

Inventory Reduction 156

Inventory Reduction Inventory Management Software Inventory Management Modeling 156

SCMDOJO

SEPTEMBER 19, 2024

Two platforms that stand out in this field are SCMDOJO academy and Coursera supply chain courses , among many others. When it comes to online learning, Coursera is a well-known learning platform offering a wide range of courses across various disciplines, including supply chain management.

Course 98

Course Supply Chain Design Software Supply Chain Planning Software Comparison 98

ToolsGroup

JANUARY 22, 2020

In my decades of working in replenishment and inventory optimization, I’ve noticed that many companies seek solutions to symptoms rather than the underlying problem. Of course, you’ll never want to deal with that company again. They want to have an aging report for inventory or a report on vendor performance.

Optimization Software 199

Optimization Software Inventory Reduction Forecasting Software Supply Chain Planning Software 199

Arkieva

JULY 27, 2022

Whether you are a manufacturer, retailer or distributor, inventory is likely one of your largest assets – after cash of course. Weak management of the inventory process results in a porous supply chain. How to Have a Serious Conversation About Inventory was first posted on July 27, 2022 at 7:53 am.

Inventory 146

Inventory How To Course Supply Chain Optimization 146

SCMDOJO

OCTOBER 30, 2024

For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

Supply Chain Shaman

JANUARY 9, 2024

An average margin of 21% with inventory turns of 1.58 As shown in Figure B, the company improved cash-to-cash through the extension of payables, but never improved inventory levels after the spin-off from Kraft. Typically, the inventory values used in the triangle are safety stock. Avoid fads and stay the course.

Supply Chain Planning Software 388

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 388

ToolsGroup

OCTOBER 14, 2020

All these scenarios of course create huge demand fluctuations companies need to deal with that differ completely from their historical demand forecasts. Of course, demand forecasts are the biggest concern people have. Inventory (and therefore customer service level attainment) has faced unprecedented stress this year.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 296

Logility

OCTOBER 24, 2024

So, instead of waiting for formal updates, each team sees the immediate impact of changing demand on inventory, production schedules, and budgets. The need for repetitive meetings and manual data reconciliation decreases. As the supply chain operations continue to evolve, AI will be a driving force behind that evolution.

S&OP 224

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 224

Logistics Viewpoints

MAY 27, 2025

Smart slotting drives better inventory placement for better performance One of the most impactful uses of machine learning in a warehouse is intelligent slotting. Over the course of a day, these decisions stack up to dramatic productivity improvements and consistently faster order turnaroundswithout adding labor or infrastructure.

Optimization Software 268

Optimization Software Modeling Software Supply Chain Planning Software Predictive Analytics Software 268

ToolsGroup

APRIL 4, 2023

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. These companies understand that one bad experience could jeopardize future sales.

Inventory Reduction 156

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 156

Supply Chain Shaman

JUNE 24, 2022

The future inventory fire sale. One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In Changing course requires building a guiding team and redefining work.

Supply Chain Planning Software 398

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 398

Logistics Viewpoints

FEBRUARY 28, 2023

It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed. Numerous supply chain disruptions affected the ability to get inventory in time – or at all – and now that the backlog caught up, many organizations are experiencing a surplus of inventory.

Optimal Sourcing 277

Optimal Sourcing Sourcing Strategies Inventory Reduction Omnichannel 277

Enterra Insights

DECEMBER 17, 2024

The answer: One bite at a time, of course! IoT devices track inventory in real time, providing valuable insights into stock movement, reducing waste, and ensuring products are available when needed.” ” Inventory optimization. Companies are no different.”[4] ” Logistics optimization.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

AFFLINK

JANUARY 13, 2025

For businesses with seasonal inventory, estimating yearly demand fluctuations with reasonable accuracy can be both challenging and costly. After all, over-estimating can lead to inventory surplus and associated warehousing costs. This, of course, also influences consumer behavior and benefits a companys bottom line.

Predictive Analytics 48

Predictive Analytics Inventory Reduction Inventory Management Software Procurement Analytics 48

Supply Chain Shaman

FEBRUARY 1, 2024

Over the course of the last decade, his story is the same. Rolling up a perpetual inventory signal takes eleven hours. Through the use of a NoSQL unified data model, the company is able to now move data within 15-minute increments improving the data flow for inventory availability to improve allocation and ATP processing.

Supply Chain Planning Software 393

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 393

SCMDOJO

OCTOBER 28, 2024

Enroll in SCMDOJO’s flagship Sales & Operations Planning Blueprint course! Help Make Better Planning Demand Forecasting: S&OP provides a more accurate forecast of future demand, enabling procurement to optimize inventory levels and avoid stockouts or excess inventory.

S&OP 96

S&OP Optimal Sourcing Supply and Demand Material Savings 96

Logistics Viewpoints

APRIL 27, 2023

Analyze potential gains – WMS spending makes sense when you consider that an implementation can save your organization between 15% and 25% in inventory, provide almost 100% inventory accuracy, and reduce labor costs between 20% and 30%. Don’t be afraid to advocate for and invest in training to ensure a seamless transition.

Supply Chain Planning Software 288

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 288

Freightos

JUNE 6, 2023

Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. Businesses quickly began to notice a different beast: a significant decrease in consumer demand compounded by looming inventory excesses.

Manufacturing Procurement 332

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 332

Logistics Viewpoints

SEPTEMBER 3, 2021

Toy makers fear that although the demand for toys will be there this holiday season, the physical inventory will not. Once the company’s manufacturing facility is up and running, Nuro will need a closed course to test and validate its vehicles safely. ” This will continue to drive up the prices for toys.

Logistics Network Optimization Software 57

Logistics Network Optimization Software Las Vegas Logistics New York City 57

SCMDOJO

NOVEMBER 29, 2023

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow.

Inventory Reduction 111

Inventory Reduction Material Savings Resource Reduction Inventory Management Software 111

Logistics Viewpoints

APRIL 19, 2023

In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated. Dynamic Cross-dock allocation takes into account sales rates and current inventory at the stores.

Supply Chain Planning Software 298

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 298

GlobalTranz

FEBRUARY 25, 2021

A reverse logistics supply chain management strategy is critical to maintaining healthy inventory turn and operating expenses. Of course, that’s only half the battle in reaping the rewards of data-driven retail reverse logistics strategy. Increased speed in managing repairs. Contact Our Reverse Logistics Team Today.

Reverse Logistics 317

Reverse Logistics Expense Reduction Inventory Reduction Supply Chain Strategy 317

BlueYonder

OCTOBER 29, 2024

Getting the mix wrong comes with serious consequences — excess inventory on the one hand, and lost sales on the other. Of course, in today’s complex manufacturing landscape — with global operations spanning thousands of miles and encompassing multiple tiers of suppliers — that’s no easy feat.

Forecasting 108

Forecasting Forecasting Software Supply Chain Planning Software Supply and Demand 108

BlueYonder

MARCH 17, 2025

Of course its a positive development, driving significant economic benefits. They must track inventory, orders and returns in real time, at all times. But first LSPs need to overcome these four common challenges weve witnessed firsthand: Inventory and order handling gaps. But lets be honest.

Optimal Sourcing 93

Optimal Sourcing Real-time Visibility Logistics Network Optimization Software Supply Chain Planning Software 93

Logistics Viewpoints

AUGUST 17, 2022

Of course, we subsequently share interesting insights in Logistics Viewpoints articles. Much of the benefit obtained from these AGVs in from inventory accuracy achieved through accurate inventory location ID and precise alignment for pallet load movements. Robotic Arms – Trailer Unloading.

Warehousing 336

Warehousing Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 336

ToolsGroup

MAY 11, 2022

The survey results show that companies are charting a steady course toward digital transformation”. The survey results show that companies are charting a steady course toward digital transformation,” observed Mark Baxa, CSCMP president and CEO. “As Our findings reveal increasing investments in software, automation and people.”.

Purchasing Skills 295

Purchasing Skills Buyer Training Supply Chain Software Supply Chain Planning Software 295

GlobalTranz

FEBRUARY 24, 2021

Of course, more data amounts to increased visibility and, therefore, actionability to prevent disruptions from contributing to higher freight spend. truck border crossing times), inventory levels, demand forecasts, and capacity constraints, both internally (e.g., This will require integrating logistics market information (e.g.,

Resource Reduction 317

Resource Reduction Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software 317

Supply Chain Shaman

FEBRUARY 26, 2024

Over the next five weeks, seventy business/technology and consulting leaders will complete the course. The implementation of NoSQL for inventory management gives them an inventory signal with little to no process latency. Using network design technologies calculate the form and function of inventory.

Modeling 273

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 273

Logistics Bureau

NOVEMBER 29, 2024

So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying. Effective retail supply chain management also helps to manage inventory levels, reduce waste and ultimately customer satisfaction. Quality is of course a given.

Supply Chain Planning Software 75

Supply Chain Planning Software Retail Supply Chain Strategy Supply Chain Planning 75

Logistics Viewpoints

FEBRUARY 2, 2023

The answer, of course, is yes. Providing customers self-service access to their inventory data relieves 3PL staff from answering calls regarding inventory on hand for promotions, expiration dates connected to lot numbers and quantities, “available to promise” stock across multiple locations, and more. But can technology do more?

Supply Chain Planning Software 278

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 278

Logistics Viewpoints

FEBRUARY 7, 2022

this also means that warehouses can carry less physical inventory but potentially more stock keeping units (SKUs). Of course, it is not just speed of printing that matters but cost. Of course, it is easier for venture capitalists to see potential when there are customer proof points. It’s lead investor is Capricorn.

Manufacturing Procurement 289

Manufacturing Procurement Supply Chain Design Software Purchasing Skills Supply Chain Software 289

Logistics Viewpoints

MAY 19, 2025

Duncon Angrove, Chief Executive Officer, Blue Yonder What became quite clear over the course of the week was more evidence that the elephant is definitely still in the room, and ICON demonstrated that the rationale for supply chain modernization isnt about a solution provider just trying to sell wares.

Supply Chain Design Software 227

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 227

Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. To change course, learn from history, to unlearn to rethink outcomes. What did we find? For most, this requires a supply chain redesign.

Supply Chain Planning Software 377

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 377