Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

Logistics Viewpoints

APRIL 27, 2023

Transitioning from legacy systems presents hurdles that add to the true cost. 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%.

Supply Chain Planning Software 203

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 203

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.

Supply Chain Design Software 120

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

Logistics Viewpoints

APRIL 22, 2024

But for that to occur, all of the dominos must fall into place: the product must be available to promise, there needs to be enough shipping capacity, and there needs to be an understanding of how inventory will be moved between mills and distribution centers. Of course, getting a promise right is vital.

Georgia 225

Georgia Optimal Sourcing Modeling Modeling Software 225

Supply Chain Game Changer

NOVEMBER 10, 2020

Inventory is everywhere you look. Everyone and every company has inventory of some kind or another. In your cupboards and closets, attics and basements at home you have an inventory of goods. At your place of work, whether that be in an office, on a manufacturing floor, or a warehouse, you are surrounded by inventory.

eBook 95

eBook Inventory Management Software Inventory Management Inventory 95

EMERGE App

DECEMBER 12, 2023

For inventory management, in particular, we’ve seen how cloud apps such as EMERGE are equally at home managing the inventory of artisanal handmade jewelry, exotic car parts, and even industrial chemicals. Here, we’ll show you how EMERGE manages raw materials and finished products as used in the construction inventory management.

Inventory Management Software 52

Inventory Management Software Inventory Management Procurement Solutions Inventory Reduction 52

Logistics Viewpoints

FEBRUARY 2, 2023

The answer, of course, is yes. By integrating the solution with customer accounting systems and other billing software, such as timecards, customers can inspect current charges in real time for an accurate snapshot of present expenses leading to improved forecasting. But can technology do more?

Supply Chain Planning Software 204

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 204

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

Logistics Bureau

DECEMBER 20, 2021

As we are often asked about KPIs for inventory management , that’s what we’re going to focus on in this particular post. You will also understand their notable benefits to the inventory management discipline. 10 Invaluable KPIs to Track Inventory Management Performance. 1: Inventory Turns. million)/2 = 6.76.

Inventory Reduction 76

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 76

Supply Chain Shaman

OCTOBER 11, 2012

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory? I want to believe.

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

RFgen

SEPTEMBER 29, 2022

Supply chain professionals from diverse industries shared their current inventory management efforts, challenges, and future plans in our newly released annual Digital Inventory Report. You can also read on for a snapshot of the data and insights gathered and presented in the report. You can probably relate to many of them.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Demand Planning Software Modeling Software 52

Logistics Viewpoints

SEPTEMBER 25, 2023

And of course, Oracle with their investments in Cloud computing, Internet of Things technology, and artificial intelligence can be used to minimize inputs while increasing productivity. Nevertheless, Mr. Ellison presented a fascinating vision centered on how technology can be used to digitally disrupt a 10,000-year-old industry.

Supply Chain Software 218

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Vendor Strategies 218

Logility

JUNE 7, 2017

When I hear the term “Lever” my mechanical engineering side comes out and I think of the Physics and Mechanical Design courses I took some 30+ years ago. Back to present day and the supply chain. Two powerful levers a company can use to optimize inventory are “Working Capital” and “Customer Service Levels.”

Modeling 102

Modeling Inventory Reduction Optimization Modeling Supply Chain Optimization 102

Supply Chain Shaman

SEPTEMBER 20, 2015

Spinnaker Management Group asked me to co-present on a demand-driven webinar with SanDisk. Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. So, why did I ask SanDisk to present? In fact, the teams ignore the forecast.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

AFFLINK

MAY 3, 2019

As businesses scale, they need to investigate the accuracy of their inventory management and forecasting processes. Through better demand, an organization will be able to better manage inventory, increase revenue, and improve customer support. The Major Pain Points of Inventory Management. Every day, product demand can change.

Forecasting 90

Forecasting Forecasting Software Inventory Reduction Demand Planning Software 90

ToolsGroup

FEBRUARY 7, 2021

Especially, I would say when we were talking about the Amazon effect I would say now it’s present more than ever maybe even changing the word into the COVID effect. And digitalization is more than present. On the other hand, of course, as the consumer was not so focused on other industries, we had a slight decrease also there.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

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

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

BlueYonder

JULY 26, 2022

How can retailers connect the two, so that inventory is optimally located for that final leg of the journey? Linking demand and fulfillment with inventory planning remains an underexplored advantage that will help combat consumer expectations that span not just speed and convenience, but sustainability too. The “right now” requirement.

Modeling 62

Modeling Supply Chain Planning Software Optimization Software Optimization Modeling 62

Logility

APRIL 6, 2020

There is a very clear & present danger that exists on the revenue line and this can quickly become an expense problem if not managed appropriately. The focus for all fashion retailers is inventory. Below we will examine inventory + a new retail outlook for 2020. The number one priority is inventory for cash….

Retail 208

Retail Expense Reduction Inventory Reduction Supply Chain Planning Software 208

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 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Unleashed

OCTOBER 17, 2018

Proper demand forecasting and inventory control can save a company from buying too much or too little of something, which of course avoids expensive overstock scenarios or stockouts. Correct demand forecasting and appropriate stock control can save time, prevent unneeded inventory costs mounting, and thereby increase profit margins.

Forecasting 56

Forecasting Forecasting Software Inventory Predictive Analytics Software 56

Unleashed

DECEMBER 5, 2018

The dawn of the Internet of Things (IoT) is upon us and it is set to revolutionise many industries including inventory management. However, before we can understand how inventory management will be affected by IoT and how we can optimise this, we must first understand what exactly it is. Impact of IoT on the supply chain.

Inventory Management Software 56

Inventory Management Software Inventory Management Inventory Reduction Inventory 56

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 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

A friend recently told me a fitting example of this: A few years ago, he worked for an AI startup that was invited by a large pharmaceutical company to give a board presentation. The presentation went well, but my friend and his colleague, an AI programmer, were subsequently in a moral quandary. MORE FROM THIS EDITION.

How To 246

How To Supply Chain Software Supply Chain Planning Software Singapore 246

Supply Chain Game Changer

DECEMBER 3, 2019

Featuring Our 10 Best Inventory Management Articles! As I settled into the job and started learning, and studying, the various Supply Chain metrics I was surprised when I looked at the Inventory Turnover performance of the company. There was no mentorship given to promote the team and raise visibility to inventory.

Inventory Reduction 56

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Strategy 56

Supply Chain Shaman

SEPTEMBER 22, 2022

“ The end (as of a street) without an exit or a position, situation, or course of action that leads to nothing further.” For more on the building of the planning master data layer, reference the ASCM presentation from last week.) Using better math to build an inventory plan for raw materials is a good idea.

Supply Chain Planning Software 405

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 405

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. In our monthly webinar last Wednesday, I presented these results. Recently, I was presenting to a supply chain team in Europe.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Logility

FEBRUARY 7, 2023

Transportation and shipping issues aren’t the only problem, of course. This could be used for something as simple as a complete flat spread if there was no demand or no available inventory at any level. It could be used to make sure everyone gets roughly the same amount of inventory.

Optimal Sourcing 142

Optimal Sourcing Optimization Software Supply Chain Optimization Price Mitigation Strategies 142

Logistics Viewpoints

OCTOBER 24, 2022

1-800-Flowers gave a presentation in which they talked about implementing Oracle warehouse management and transportation management systems in the Cloud. The end-to-end process includes order management, demand and supply planning, inventory planning, transportation management, and other processes and applications as well.

Supply Chain Planning Software 167

Supply Chain Planning Software Las Vegas Modeling Software Supply Chain Software 167

Supply Chain Shaman

SEPTEMBER 9, 2013

Complexity has risen and progress on margin and inventory is stalled. Attending the conference, and making improvement in both inventory cycles and operating margin for two consecutive years, are Colgate, Dow Chemical, and General Mills. Once the Summit has ended we’ll be archiving the presentations and the video for six months.

Conference 277

Conference Supply Chain Design Software Supply Chain Design Chemicals 277

Logistics Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. It was precisely the industry’s inability to make real-time decisions (based on real-time data) that was at the root of depleted store shelves, clogged ports and warehouses overflowing with excess inventory.

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

Supply Chain Shaman

SEPTEMBER 24, 2017

Across the industry, we find that companies think that they are managing costs and inventory better through technology investments like supply chain planning, but they have a false sense of accomplishment. These online courses are designed for senior managers and directors. Does this mean throwing out the baby with the bath water?

Cost Reduction Strategies 195

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 195

PINC

MARCH 30, 2020

A distribution channel phenomenon in which inaccurate forecasts quickly turn into supply chain inefficiencies, the “bullwhip effect” refers to increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain. Addressing the COVID-19 Bullwhip. How long can this boom in freight volumes last?”

Forecasting 130

Forecasting Forecasting Software Real-time Visibility Demand Planning Software 130

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

Logility

SEPTEMBER 19, 2022

This presents yet another supply chain disruption for the beverage industry. Of course, getting the right product to the right customer is the priority and the challenge, but to remain competitive, the beverage industry must embrace digital solutions that simplify decision-making and improve both profit and productivity.

Beverage 130

Beverage Supply Chain Planning Software Agile and Lean Supply Chain Optimal Sourcing 130

Kinaxis

FEBRUARY 5, 2019

No delay to capture a change in demand, production, inventory or capacity constraint, before taking a decision. Without access to the right data, it is impossible to orchestrate business activities and coordinate course corrections, that optimize overall corporate performance and profitability. No batch jobs. No downtimes.

Scenario Planning 164

Scenario Planning Supply Chain Planning Modeling Supply and Demand 164