Logistics Viewpoints

FEBRUARY 2, 2023

A modern solution can also be configured to accommodate customer idiosyncrasies, such as preferred level of invoice detail, billing cycles, accounting periods, and other unique demands, including multi-lingual and multi-currency requirements.

Supply Chain Planning Software 273

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 273

Supply Chain Shaman

JULY 29, 2013

We have been taught, as supply chain leaders, that over the last decade supply chain processes have improved costs, shortened cycle times, improved customer service and decreased inventory. Based on our recent research, we find that only 1% of process-based companies are making progress on both operating margins and inventory.

Supply Chain Planning Software 350

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 350

ToolsGroup

JULY 11, 2017

Gartner recommends multiplying the planned unit volume: by price to generate monetized revenue plans, by cost to generate monetized inventory plans, by margin to generate monetized profit plans. 4-9% decrease in the value of obsolete inventory as a percentage of total stocked goods (product costs).

S&OP 92

S&OP Supply and Demand Inventory Reduction Price Reduction 92

Kinaxis

OCTOBER 1, 2014

If your supplier decides that you need to pay more or global currency exchange rates drive up the cost of a component (and you have no alternatives ready to go) your margins can be significantly impacted. If your demand decreases, you have excess inventory or idle capacity. Do you have a supply chain risk management process in place?

Supply Chain Risk Management 257

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 257

Supply Chain Shaman

MAY 22, 2013

The research tries to establish “ who did supply chain best ” by looking at a weighted formula of Year-over-Year Growth, Return on Assets (ROA), and Inventory Turns for the Fortune 500 companies. Inventory Turns values are based on an average of quarterly reporting for the past year. Inventory Turns is only part of the story.

Gartner 304

Gartner Pharmaceutical Supply Chain Chemicals 304

ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. Lesson #1: Global supply chain challenges have businesses turning to local suppliers.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

ModusLink Corporation

FEBRUARY 25, 2025

Market Reaction and Business Uncertainty : Currency fluctuations, investor sentiment, and shifting trade flows may cause short-term disruptions in supply chain operations. Businesses that operate with just-in-time (JIT) inventory models are especially vulnerable to delays resulting from policy changes.

Material Savings 78

Material Savings Inventory Reduction Cost Reduction Strategies Sourcing Strategies 78

Supply Chain Game Changer

SEPTEMBER 15, 2021

Featuring Our 10 Best Inventory Management Articles! Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Subscribe Here!

Inventory Management Software 98

Inventory Management Software Manufacturing Procurement Inventory Management Supply Chain Planning Software 98

EMERGE App

JANUARY 1, 2020

Why You Need to Deal with Multiple Currencies. Perhaps it should be “Multi-Currency Makes The World Go Round” in today’s mobile web world. As a wholesaler and distributor, I’m willing to bet that you’re dealing with at least two currencies for your purchases and sales. Adding Additional Currencies.

Currency 52

Currency Purchasing Skills Inventory Management Software Manufacturing Procurement 52

ToolsGroup

DECEMBER 20, 2017

This concept has gained a lot of currency recently, but it is actually not new. Are you leveraging detailed demand data to optimize service levels and inventories? But there is also an easy and accessible digitalization step available to nearly all companies, and it involves leveraging the data assets y ou already have.

Supply Chain Planning Software 224

Supply Chain Planning Software Supply and Demand Optimization Software Demand Planning Software 224

QAD

FEBRUARY 13, 2023

Given the long list of FTZ benefits, including saving on Merchandise Processing Fees (MPF), reducing or eliminating duties, taxes, and tariffs, and allowing for tax-free storage of inventory while in the zone, it’s natural to wonder why more companies aren’t taking advantage of FTZs. In other words, what’s the catch?

Inventory Reduction 98

Inventory Reduction Inventory Report Waste Reduction 98

SCMDOJO

JANUARY 29, 2025

Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Waste Reduction Cost Reduction Strategies 98

Enchange Supply Chain Consultancy

JUNE 19, 2024

Ensure it supports local payment methods, currency, and shipping options, providing a seamless customer experience. Inventory Management: Evaluate your inventory management practices for efficiency and scalability. Implement systems to optimise stock levels, reduce lead times, and manage inventory across multiple locations.

Negotiating Skills 260

Negotiating Skills Supply Chain Planning Software Resource Reduction Analytics Software 260

Supply Chain Shaman

DECEMBER 17, 2019

Their world view is currency-based planning at a brand level while supply chain planning is volume-based at an item/location level. (As This production logic is key to the management of inventory policy. Over 95% of companies are stuck at the intersection of growth, cost, customer service, asset utilization, and inventory.

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Supply Chain Strategy 284

Kinaxis

MAY 16, 2025

Others are negotiating price reductions or short-term increases in inventory to avoid disappointing customers with increased costs or temporary stockouts. goods were “ rapidly dropping.” Lesson: Collaboration and transparency with retailers will be key to preserving margins while maintaining relationships.

Beverage 130

Beverage Price Reduction Canada Cost Reduction Strategies 130

Logility

MARCH 21, 2023

Finance teams speak about business issues in terms of currency and margins, while supply chain operations make decisions based on volumetric conversations around units, capacity, and lead time. This information allows CSCOs to react to real-time differences between inventory levels, budgets, and fiscal projections.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimal Sourcing Scenario Planning Supply Chain Planning 130

Logility

AUGUST 14, 2020

Better forecasting implementations relate to: Preparing data for analysis; Measuring data currency, coverage and accuracy; Understanding how order fulfilment impacts your forecasts; and. Inventory Management: Low level of aggregation to support SKU level decisions. Measuring data currency, coverage and accuracy.

Forecasting 147

Forecasting Forecasting Software Demand Planning Software Modeling 147

Logistics Bureau

JANUARY 16, 2025

When we talk about building a resilient supply chain, we’re not just discussing having backup suppliers or extra inventory. Typically it involves carrying extra inventory and hiring more workers than absolutely necessary.

Sourcing Strategies 74

Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 74

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

It’s not just the pandemic that has led to large-scale disruption in supply chain – natural disasters, accidents, international disruptions, geo-political tensions, and currency fluctuations continue to cause major disruption in supply chain operations worldwide. Inventory and Capacity Buffers. Manufacturing Network Diversification.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Supply Chain Planning Software Sourcing Strategies Supply Chain Software 246

Supply Chain Shaman

AUGUST 12, 2022

Build a planning master data base to understand current leadtimes, conversion rates and currency fluctuations and analyze the impact of variability on reliability. He was also unaware of how to measure Forecast Value-Added, the Bullwhip impact and the health of inventory. He Was Unaware of What Makes a Good Plan.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 195

Kinaxis

AUGUST 27, 2014

Know your inventory, what needs to turn now, this week, this month, etc. Inventory: as we improve our data, build speed into our demand/supply processes that will drive down inventory, improving working capital and lowering carrying costs. Greek Didrachm (ancient Greek currency) dating back to 325 BC. Rolex watches.

Las Vegas 184

Las Vegas San Diego Supply Chain Planning Software Supply Chain Planning 184

Talking Logistics

APRIL 30, 2014

economic recession made companies decrease inventories, which increased their need for speed to market and shorter cash-to-cash cycles. Currency is stable and inflation is under control. . Unfortunately, China and most of Asia has a very long lead time, which makes forecasting even more difficult. Luckily for Mexico, the U.S.

Mexico 199

Mexico Los Angeles Supply Chain China 199

Kinaxis

AUGUST 11, 2016

You’ll need currency conversions at sales points, but you’ll also benefit from accurate currency conversions at your assessment and planning levels. For example, tracking revenue in each location’s currency helps you to assess those values within that market context. Here are 7 data issues you might need to watch out for: 7.

Data 100

Data Supply Chain Planning Software Supply Chain Planning Forecasting 100

Supply Chain Shaman

MAY 14, 2013

Financial ratios allow us to analyze performance across the peer group (large against small companies) and across currencies. When companies look at singular metrics (labor costs or inventory), they have moved backwards. We look for year-over-year improvement. We also look for companies that have out-performed their peer groups.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Most budgets are completed in currency at a brand level. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. Time horizon. The Role of the Budget in S&OP.

Supply Chain Design Software 207

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 207

Talking Logistics

JANUARY 26, 2015

I’m fairly conservative when it comes to banking (for example, I’m still not comfortable “depositing” checks using my smartphone ), so using a new digital currency, or “fake money” as my wife calls it, to buy stuff isn’t something that appeals to me, especially since bitcoin’s developer remains a mystery.

Supply Chain Network Software 100

Supply Chain Network Software Inventory Management Software Predictive Analytics Software Supply Chain Software 100

Logility

APRIL 27, 2021

Logility delivers high-performance SAP ERP-to-Logility integrations in less time, at lower cost, and provides long-term value by continually upgrading software components to maintain currency with data model updates over time. It’s important to know the dangers behind SCM-to-SAP integration, and how to avoid them.

SAP 175

SAP SCM Supply Chain Planning Software Modeling Software 175

Supply Chain Shaman

JANUARY 15, 2022

Sales incentives drove a positive bias that inflated inventory. Allergic to inventory, Fred worked out arrangements with distributors to push inventory into the channel. He saw all inventory as “bad inventory.” Orbit Chart for Inventory Turns and Operating Margin from 2009-2016 for Company A.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Software Modeling 195

Talking Logistics

JUNE 30, 2016

Imagine a bitcoin being a unit of inventory and a digital wallet (“bitcoin address”) being an inventory-keeping location, such as a store, distribution center, or truck trailer. A supply chain blockchain application, therefore, could be used to record the balances and transfers of inventory across a distributed supply chain network.

Supply Chain Design Software 160

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software 160

Supply Chain Shaman

JANUARY 15, 2022

Sales incentives drove a positive bias that inflated inventory. Allergic to inventory, Fred worked out arrangements with distributors to push inventory into the channel. He saw all inventory as “bad.” Mark forecasted based on currency and thought mix-based forecasting at an item level was essentially a waste of time.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Software Modeling 195

Logility

OCTOBER 8, 2021

In addition, the right digital platform for CPG companies provides financial and volumetric plans using multiple currencies and global, regional, and multi-divisional structuring plans. It can provide impact, timing, and risk assessments for new products.

Supply Chain Planning Software 171

Supply Chain Planning Software Forecasting Software Demand Planning Software Modeling Software 171

ShipBob

MARCH 3, 2025

The software automatically pulls inventory data from your warehouse for a real-time stock count update across all your sales channels. Align your products and SKUs across different channels and manage your inventory effortlessly in one place. Inventory management integrations 4.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Forecasting Software 52

ShipBob

MARCH 3, 2025

The software automatically pulls inventory data from your warehouse for a real-time stock count update across all your sales channels. Align your products and SKUs across different channels and manage your inventory effortlessly in one place. Inventory management integrations 4.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Forecasting Software 52

Unleashed

OCTOBER 20, 2022

Michael Von Euw: ex Operations Manager for Edinburgh Tea and Coffee and now MD of Kontroll Solutions – which provides inventory, financial & e-commerce consultancy. Dominic Sutton: Co-founder at StockTrim – smart inventory forecasting software built for SMEs. Data from your accounting system offers hindsight.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Inventory Management Software Forecasting Software 98

Logility

MAY 5, 2020

Our biggest headaches were very basic – we couldn’t easily switch between metric and imperial measures, and currency conversions were a nightmare. You may also like: Sensient Colors Mixes the Right Formula for Inventory Optimization. We still had two separate systems,” Smith said. Finding a global solution was time-consuming. “We

Supply Chain Planning Software 150

Supply Chain Planning Software Logility Supply Chain Optimization Supply Chain Software 150

Vinculum

MAY 3, 2021

Keep inventory levels updated across all sales channels. A centralized platform for inventory control, orders, sales, and fulfilment, will give you a way to stay on top of everything. Complex supply chain procedures should be simple, and inventory and records should easily be updated when a product is received. SCALABILITY.

Supply Chain Design Software 98

Supply Chain Design Software Forecasting Software Inventory Management Software System 98

DynaSys

JANUARY 20, 2021

Finally, be mindful of the currency expected for your receivables and payables. Regional supply chain disruptions can add another worry when payment is expected or receivables need to be covered in a foreign currency – a currency that can dramatically shift in value as the contract is being fulfilled.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Optimization 98