Logility

APRIL 3, 2024

The life sciences are integral to the quality of life and lifespan, but the field faces some uniquely difficult inventory challenges. You can then take it a step further with multi-echelon inventory optimization (MEIO), which provides visibility to everything from raw materials, to finished goods.

Supply Chain Optimization 165

Supply Chain Optimization Inventory Reduction Optimization Software Supply Chain Planning Software 165

GlobalTranz

OCTOBER 2, 2017

Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. In today’s market, logistics is essential to meet customer needs and remain competitive.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

SCMDOJO

DECEMBER 14, 2023

Depending on the chosen manufacturing strategy (Make to Stock, Assemble to Order, Make to Order, or Engineer to Order), the delivery lead time may vary as follows: Access our blog “6 Reasons Why It Is Important to Understand Expected Customer Lead Time” at our website SCM DOJO!

Inventory Reduction 79

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 79

RFgen

MAY 10, 2023

The ability to control costs is critical for effective inventory management. Regaining control over your inventory can make your warehouse and shop floor more efficient. Greater efficiency helps reduce costs and improve profit margins, giving you the edge over competitors. Often, you will find room for improvement. or higher.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Vendor Strategies 52

SCMDOJO

FEBRUARY 20, 2023

To get ahead in today’s competitive marketplace, distributors must remain on the cutting edge of innovation and stay up-to-date on new developments. Therefore, evaluating performance and creating a comprehensive digitalization strategy are essential for a distributor’s success.

Inventory Reduction 104

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

ToolsGroup

MARCH 30, 2022

It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. ToolsGroup simplifies the task of creating orders for individual points of sale and monitoring inventory levels. Optimized transport.

Supply Chain Planning Software 317

Supply Chain Planning Software Optimization Software Modeling Supply Chain Optimization 317

Unleashed

MAY 15, 2023

Wholesalers and manufacturers need effective B2B strategies to sustain business growth and beat the competition. From targeted email campaigns to inventory management integrations, we’ll outline how you can develop strong B2B CRM strategies to improve business performance and achieve predictable growth.

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

RFgen

APRIL 30, 2024

The answer lies in modern inventory management best practices. Specifically, the use of perpetual inventory systems. What is a perpetual inventory system? Perpetual inventory management relies on technology to track inventory with timely data and a high degree of accuracy. Or reduce carrying costs.

Inventory Management Software 81

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 81

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service?

Inventory Reduction 186

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 186

Logistics Viewpoints

OCTOBER 30, 2023

Scenarios are run, and the low-cost network that best meets customer service objectives is selected. For this project, Solvoyo consultants built a network design model and ran more than 120 scenarios to refine the customer service and inventory mix strategy. These were the easy savings.

Vendor Strategies 231

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 231

Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. Ipsen also need to reduce their lead times.

Supply and Demand 193

Supply and Demand Customer Service Logistics Network Optimization Software Supply Chain Planning Software 193

Locus

NOVEMBER 28, 2023

Product Defects: A whopping 80% of customers say defective products are the main reason for returns and this should be no brainer for shippers. Better product handling should be done to reduce this issue. Top Five Strategies that Shippers can Implement to Reduce Return to Origin 1.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

ToolsGroup

MARCH 24, 2021

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. When it comes to inventory management, each piece must operate as a part of a global integrated system to be most effective.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. The company’s inventory levels of unsold equipment have reportedly swelled to over $1 billion.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

ThroughPut

JANUARY 17, 2022

Farm Fresh Demand Sensing Strategies for the Smart Food Retailer. Fact 2 – Using an AI-powered Demand Sensing solution can cut forecasting errors by 30%-40% as it enables retailers to constantly address sharp changes in customer needs and further helps build a data-driven supply chain.

Supply and Demand 98

Supply and Demand Cost Reduction Strategies Inventory Reduction Modeling 98

Global Trade Management

NOVEMBER 24, 2023

Introduction Supply chain digitalization is a pivotal element of modern supply chain management, driving improvements in inventory management, operational efficiency, and asset utilization. Improving Inventory Management Supply chain digitalization plays a crucial role in elevating inventory management.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Inventory Reduction Resource Reduction 52

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. ToolsGroup, with its comprehensive technology and customer experience management, has received strong ratings across the parameters of technology excellence and customer impact.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

ToolsGroup

APRIL 20, 2023

By implementing ToolsGroup Service Optimizer 99+ (SO99+) , Gaviota has achieved the supply chain trifecta – lower inventory, higher service levels, and improved operational performance. Read Gaviota’s full story and discover the secrets behind ToolsGroup’s unique probabilistic forecasting and inventory management solutions here.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software ToolsGroup Supply Chain Planning 156

ToolsGroup

OCTOBER 3, 2023

To achieve its growth objectives and exceed customer expectations, Grupo Mercury selected Service Optimizer 99+ (SO99+) , ToolsGroup’s suite of solutions that provides a unique probabilistic planning approach. Stay in touch with ToolsGroup on LinkedIn , Twitter , YouTube , or visit www.toolsgroup.com.

ToolsGroup 156

ToolsGroup Inventory Reduction Resource Reduction Supply Chain Planning Software 156

The Logistics of Logistics

MARCH 6, 2024

Kyle is based in Denver and leads the company’s strategy, sales, partnerships, and operations functions. Previously, he held senior roles managing strategy and operations at Outrider, Flexport, DeepScale (acquired by Tesla), U.S. Silica, and Deloitte. In 2022, he received the Pros to Know award from Supply & Demand Chain Executive.

Inventory Reduction 209

Inventory Reduction Logistics Network Optimization Software Demand Planning Software Supply Chain Software 209

Supply Chain Shaman

SEPTEMBER 20, 2015

The discussion of customer-segmented supply chains happens often. When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

ToolsGroup

AUGUST 3, 2020

It’s notoriously difficult to optimize inventory for aftermarket parts. You need to maintain high service levels, but sporadic demand and an infinite number of SKUs frequently lead to waste, excess cost and product obsolescence. Read on for our five inventory optimization secrets for aftermarket parts.

Inventory Reduction 156

Inventory Reduction Waste Reduction Optimization Software Supply Chain Optimization 156

ToolsGroup

JANUARY 7, 2020

I think it’s time we started spreading the good news: when you harness demand and inventory planning to slash unnecessary expenses and improve service to customers, you also reduce waste and support sustainability. Having the right inventory in the right location brings a variety of waste-reduction benefits.

Inventory Reduction 194

Inventory Reduction Supply Chain Planning Software Waste Reduction Vendor Strategies 194

ModusLink Corporation

MAY 23, 2024

In the dynamic landscape of supply chain management, demand-driven material planning is a crucial strategy for optimizing operations and meeting customer demands efficiently. It combines elements of traditional MRP and lean principles to dynamically manage material requirements and inventory levels based on actual demand signals.

Material Savings 78

Material Savings Modeling Waste Reduction Inventory Reduction 78

ThroughPut

JUNE 5, 2024

Vendor-managed inventory (VMI) is a collaborative supply chain management strategy where the vendor (supplier) manages the inventory levels at the customer’s location. This management involves the vendor monitoring stock levels, forecasting demand, and replenishing inventory. How does VMI work?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 52

ThroughPut

DECEMBER 4, 2022

Demand-driven replenishment and fulfillment can help retail planners manage large SKUs, determining each sales location and its optimal inventory targets. This ensures enhanced stock availability and reduction of lost sales. These replenishment planning strategies can help in the long term-.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

Unleashed

AUGUST 6, 2023

It’s a handy sales strategy to keep in your business toolbox – and can be essential to success in highly competitive markets. In this article, we do a deep dive into competitive pricing to outline key strategies, how they impact your profit margins , and how competitive pricing works with real-life examples. Coffee chains.

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

Supply Chain Shaman

APRIL 16, 2024

The translation of market signals from the customer’s customer to the supplier’s supplier with bi-directional flows. Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. Improve Sensing to Reduce Demand Latency.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 221

ToolsGroup

FEBRUARY 23, 2021

What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging. Anyone can come up with a plan.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Modeling Optimization Software 156

ThroughPut

OCTOBER 22, 2021

In 2021 , the retail sector experienced drastic global inventory distortion. However, most of the variability generated by these factors can be eliminated by addressing supply, management, and demand at regular intervals, through focused solutions. Reduced variability and risks across supply chains via buffer management.

Inventory Reduction 52

Inventory Reduction Expense Reduction Resource Reduction Cost Reduction Strategies 52

Supply Chain Matters

AUGUST 15, 2022

Supply Chain Matters updates readers on yet another turnabout in supply chain and customer service direction for a once high flyer in premium interactive fitness equipment and services. based manufacturing strategy, with a decision to source manufacturing at a CMS provider located in Taiwan. Inventory Glut of Bicycles.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

AUGUST 11, 2016

The Delta Medallion customer service agent told me that she had never seen anything quite like it. What is a Customer-Centric Organization? About twice a month, companies ask me to review their strategy documents. It requires a careful execution of strategy and the connection of strategy to execution.”

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Efficient order fulfilment is also crucial for customer satisfaction and retention. When these processes are aligned, customer satisfaction improves.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Logility

MAY 25, 2023

In today’s fast-paced and unpredictable global market, the secret to maintaining a competitive edge lies in a key area—robust inventory control techniques. Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. This is where inventory control techniques come in.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

Supply Chain Game Changer

JULY 7, 2021

You Need A Blue Ocean Strategy! Amazon Supply Chain strategies article and permission to publish here provided by Jae Jun. With newer technologies being founded, Amazon continually offers new services and breaks the rules of supply chain management to improve their service, margins, and for sellers. Subscribe Here!

Inventory Reduction 100

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 100