Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Supply Chain Shaman

JUNE 14, 2018

Yes, companies need the right materials at the right time to drive customer service. A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Days of Inventory by Industry Across Years.

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Logility

NOVEMBER 18, 2021

NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022. Professional services and other revenues for the six months ended October 31, 2021 increased 1% to $20.3 For the six months ended October 31, 2021, the Company reported operating earnings of approximately $4.5 Logility, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Analytics Software 130

RFgen

JUNE 8, 2023

Key Takeaways: Inventory management software with built-in automation has been found to increase accuracy and profits. There is no one-size-fits-all solution for inventory management software—it’s about the best product for your business objectives and industry. And with the average on-hand inventory quantities up 8.3%

Inventory Management Software 57

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 57

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

SYSPRO Smarter ERP

MAY 10, 2022

With a manufacturing operation based on Assemble-to-order (ATO) , success hinges on being able to get products to customers quickly. There has to be tight control over inventory, and production planning and scheduling need to ensure product delivery. In addition, demand forecasting has to be accurate and costs have to be managed.

Manufacturing Procurement 111

Manufacturing Procurement Procurement Solutions Optimal Sourcing Inventory Management Software 111

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. What is a Service Level Agreement (SLA)? Effective KPI Management Goals.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Unleashed

AUGUST 28, 2023

The cost of sales is an inventory accounting metric that measures the accumulated costs in getting finished goods to market. It represents your true cost of creating and selling a product. What is cost of sales? Cost of sales is the accrued total of all the costs of supplying a product.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 73

Supply Chain Game Changer

MARCH 14, 2022

When considering which category a course falls under we tend to favor those whose approach tends towards smaller details as opposed to big picture ideas like lean as they relate directly back to daily logistics efforts most supply chain managers face while working in corporate settings. Supply Planning & Sourcing Analytics.

Course 115

Course Supply Chain Planning Software Agile and Lean Supply Chain Vendor Strategies 115

Supply Chain Shaman

JUNE 29, 2014

With the purchase of i2 by JDA, and Logictools by IBM, manufacturing companies serious about network design started looking for a company, with a well-established community, that was more serious about network design. There are seven reasons: Customer Service. It could no longer be just about inventory levels.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. can be measured to define this metric. This metric will require investigation of specific processes and functions in order to uncover underlying issues.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

A recent report The Fictiv 2021 State of Manufacturing report has shown that many companies are in the process of becoming more digitally proficient and organized. It ties into the ERP system where quotes and purchase orders are managed. A major challenge for IM&E manufacturers is managing inventory. Operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 81

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 81

Supply Chain Opz

JANUARY 29, 2020

Anyway, the access to this database costs an arm and a leg. Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. Ranking of Supply Chain Books We're sure some of you've been using Google Scholar to find related publications. The links below are #paid links.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. We have used Lean process systems and swim-laned ourselves to death. The focus has been on sourcing and managed costs.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

Logistics Bureau

NOVEMBER 16, 2020

You learn the suppliers’ business, you learn the customers’ business. It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Why Choose a Job in the Supply Chain Industry? It’s a constantly-changing, ever-expanding industry.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Unleashed

FEBRUARY 28, 2023

Creating efficient warehousing processes can result in less downtime, lower running costs, and better customer service. Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Ideally, IBP adds a stronger financial perspective to the process that in theory optimally balances customer service with profitability and even cash flow.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

GlobalTranz

JULY 12, 2016

An effective measurement and reporting process can improve performance and provide warehouse cost savings. Reduce inventory with cross-docking or use Kanban pull systems. Target inventory accuracy: goal: 98-100% accuracy daily. Returns cost more than orders to process. Implement a reward system for major victories.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Unleashed

JANUARY 3, 2023

As a manufacturer, a lot of businesses and customers rely on you to get things done on time. But when your cash is locked wages, managing inventory , lines of credit, and other costs, it can slow down productivity – even bring it to a standstill. But the more generous you are with customer credit, the less your business profits.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

Locus

APRIL 3, 2023

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. All successful modern-day businesses rely on an efficient system of logistics management. from 2019 to 2025.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

ThroughPut

MARCH 25, 2024

Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. Inaccuracies in forecasting can lead to overstocking, which immobilizes capital, or stockouts, which again result in lost sales and damaged customer relationships.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

MIT Supply Chain

MAY 16, 2013

Inventory mismanagement. Ingrained attitudes can block better inventory practices. Depending on which corporate silo you belong to, inventory can be a liability, an asset, or something in between. How do supply chain (SC) professionals overcome these biases and implement optimal inventory management solutions?

Inventory Reduction 78

Inventory Reduction Inventory Inventory Management Software Modeling 78

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Supply chain cost is always flat around the optimal strategy.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

ShipBob

JANUARY 7, 2022

With the ecommerce industry becoming even more competitive, the right tech stack can help ecommerce businesses improve logistics efficiency , automate time-consuming processes, and save on costs. . Ultimately, it enables online brands — both direct-to-consumer and B2B ecommerce — to establish a lean supply chain. Inventory Planner.

Supply Chain Design Software 52

Supply Chain Design Software Inventory Management Software Supply Chain Planning Software Analytics Software 52

Enterra Insights

MAY 26, 2020

Customers don’t want to think about supply chains; they just want great purchasing experiences. Although the connection between great customer experience and a world-class supply chain should be obvious, customer experience is not the first thing that pops into most peoples’ minds when they hear the term “supply chain.”

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Strategy 100

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. But cost-saving isn’t the only benefit of an optimised fulfilment process. When these processes are aligned, customer satisfaction improves.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

USC Consulting Group

OCTOBER 8, 2020

“Survey Committee members reported that their companies and suppliers operated in reconfigured factories, with limited labor application due to safety restrictions.”. This is true for your customers as well as your suppliers. Courteous responsiveness goes a long way to ease customer impatience. Increase your inventory.

Manufacturing Procurement 71

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Purchasing Skills 71

Unleashed

NOVEMBER 12, 2023

For product businesses, the bullwhip effect can significantly hinder the ability to maintain optimal inventory levels – often leaving them high and dry with too much stock and not enough demand to get rid of it. Eventually, this gives rise to massive discrepancies between the inventory being produced and the actual demand for that inventory.

Inventory Reduction 52

Inventory Reduction Material Savings Supply Chain Planning Software Price Reduction 52

SYSPRO Smarter ERP

NOVEMBER 10, 2021

The electronics industry has experienced dramatic changes on the customer and supplier side in the last 18 months – from sudden purchasing changes by customers to shortages of parts and components from suppliers. Inventory management. Product development. Benefits of an ERP system for electronics manufacturers.

Manufacturing Procurement 111

Manufacturing Procurement Electronics Supply Chain Design Software Manufacturing 111

EMERGE App

MARCH 11, 2021

If the business uses a just-in-time inventory management strategy where they receive goods when on-demand, they’ll regularly have products backordered. An accurate prediction of customer demand in a certain amount of time is vital. The company can still operate even if there’s no inventory in the books.

Material Savings 52

Material Savings Inventory Reduction Vendor Strategies Waste Reduction 52

OptiProERP

AUGUST 27, 2019

From adopting lean manufacturing strategies to investing in power-driven machinery, manufacturers endeavor to deliver the best quality products in a short period. Data collection : Making informed business decisions becomes easier using the reports, dashboards, KPIs and other analytical tools offered by MES.

Forecasting Software 58

Forecasting Software Supply Chain Planning Software Optimization Software Demand Planning Software 58