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 281

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 281

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

FEBRUARY 23, 2018

Amazon is entering this learning curve as Whole Foods stores feel the pressure of reduced employee morale and near-empty shelves, reports Daphne Howland via Retail Dive , resulting from a strict inventory management system. Twitter Facebook LinkedIn The post Is Omnichannel Dead?

Omnichannel 163

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GlobalTranz

MAY 4, 2018

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. The Problem: Omnichannel Retail Carries an Extreme Level of Interdependence Between Systems and Processes As explained by Entrepreneurer.com , the fastest-moving products account for only 20% of inventory.

Inventory Management Software 163

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 163

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

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

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

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 102

Optimal Sourcing Sustainability Material Savings Waste Reduction 102

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

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

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. These functions include procurement, production planning, inventory management, logistics, and customer service. 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

AUGUST 22, 2023

Nine years ago, my company FourKites pioneered the market for real-time transportation visibility. That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. Once you know where that truck (or train, plane or container) is, that’s when things get really interesting.

Real-time Visibility 185

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

BlueYonder

MARCH 11, 2024

The one common thread here has, of course, been automation. Successful end-to-end retail integration hinges on leveling up inventory, ordering, commits, and omni-channel fulfillment with artificial intelligence (AI)-infused capabilities that effectively unlock “real-time supply chain” responsiveness to demand patterns.

Supply Chain Planning Software 80

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Retail 80

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

Enterra Insights

JUNE 28, 2023

The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] Logistics also creates jobs in the transportation industry, helping to stimulate economic growth.”

Logistics Network Optimization Software 130

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

Logility

APRIL 20, 2016

Further, they are designing dynamic supply chain practices that hold lower inventories while serving those distinct new markets and customers. Think about it: If inventory is constantly in motion, then shouldn’t the transportation strategy be linked to this more dynamic allocation strategy ?

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Research Retail Price Reduction 100

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 63

Modeling Supply Chain Planning Software Optimization Software Optimization Modeling 63

Logility

OCTOBER 19, 2023

In addition, a considerable portion of freight transportation expenses continues to soar as diesel fuel costs surge by 20% year over year. To gain control over their costs and pricing, supply chain leaders must capitalize on the recent stabilization of production capacity and inventory levels. Get Access!

Network Optimization Software 130

Network Optimization Software Modeling Network Optimization Supply Chain Optimization 130

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. Excess inventory is often caused by supply exceeding demand, resulting in slow-moving inventory that can incur expensive holding costs.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Inventory Management Software 98

BlueYonder

JUNE 16, 2022

As many countries around the world enforce economic sanctions against Russia, global logistics networks are struggling to isolate Russian products while still ensuring inventory availability. But, as the conflict approaches the four-month mark, the impacts are spreading and intensifying.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 52

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

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 106

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 106

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

MAY 28, 2019

Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net , the costliest problem is due in large part to poor inventory visibility and planning. What Are the Most Common Inventory Management Mistakes? Neglecting inbound processes.

Inventory Management Software 66

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 66

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

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. Inventory planning and optimization. If you can’t find the problem, you can’t solve it.

Modeling 173

Modeling Supply Chain Planning Software Demand Planning Software Optimization Software 173

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

Logistics Viewpoints

MAY 31, 2023

Of course, moving forward also sets the tone for discussions about how Manhattan Associates customers are moving their businesses forward and how Manhattan is moving forward with its product roadmap. Additionally, users can pull trailers from the yard just-in-time to utilize the trailer inventory for outbound shipments.

Conference 206

Conference Real-time Visibility Supply Chain Planning Software Optimization Software 206

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

Supply Chain Opz

OCTOBER 27, 2013

Are you a transportation and logistics professional who are looking for inspiring ideas to improve the operations? However, they asked "What are some good transport and logistics book you''d recommend?". Then, a synchronization of inventory management, warehouse management and transportation management is essential.

Six Sigma 100

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

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

Logistics Viewpoints

FEBRUARY 2, 2024

cities over the course of the year, bringing the total number to 110. Department of Transportation, which has selected 37 projects to be given funds made available by the Bipartisan Infrastructure Law’s (BIL) Mega Program and the Infrastructure for Rebuilding America (INFRA) Grant Program. The money is coming through the U.S.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

RFgen

AUGUST 21, 2019

With the trucking industry struggling to cope with chronic driver shortages and increasingly strict regulations, is road transportation being “driven” toward a future that doesn’t involve humans? How will we track moving assets like trucks and in-transit inventory without human assistance? Tracking Moving Assets and Inventory.

Predictive Analytics Software 53

Predictive Analytics Software Inventory Management Software Rail Software Supply Chain Software 53

Logistics Viewpoints

JUNE 15, 2023

A transportation manager comes in to start the day. Overnight, the system has already recognized the shipments due out, the carriers in play, available inventory, staff, orders in progress, traffic and weather patterns, etc. The best course of action is to learn more now. To learn more, visit Open Sky Group today.

Supply Chain Software 209

Supply Chain Software Analytics Software Predictive Analytics Software Louisville 209

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

RFgen

AUGUST 21, 2019

With the trucking industry struggling to cope with chronic driver shortages and increasingly strict regulations, is road transportation being “driven” toward a future that doesn’t involve humans? How will we track moving assets like trucks and in-transit inventory without human assistance? Tracking Moving Assets and Inventory.

Predictive Analytics Software 52

Predictive Analytics Software Inventory Management Software Rail Software Supply Chain Software 52

Arkieva

JANUARY 20, 2017

Are you using lean in your logistics and transportation management? The transportation company’s culture and behavior should change to apply Lean thinking. Transportation takes time. It is surprising how far people walk in the course of a year due to many processes. 5 Ways to Optimize Your Transportation with Lean.

Optimal Sourcing 60

Optimal Sourcing Waste Reduction Agile and Lean Supply Chain Inventory Reduction 60