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. billion each year.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

Enterra Insights

JUNE 25, 2019

Retail Shrinkage is a serious retail challenge, especially when its causes can’t be accurately determined. For the last few years, inventory shrinkage has annually cost U.S. retailers just under $50 billion combined. ” Regardless of how inventory is lost, shrinkage costs retailers a lot of money.

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Inventory Vendor Strategies 100

ToolsGroup

FEBRUARY 7, 2022

The wonderful world of retail. The Retail Trends Shaping How We Shop in 2022. The Retail Trends Shaping How We Shop in 2022. From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Shaman

JANUARY 25, 2024

To make the point, let’s examine the food retail network, as shown in Figure 1, over the last decade. With slim margins and ever-increasing inventories, companies invested less in capital assets. Today, this network operates with less capacity and ballooning inventories. Customer Service.

Supply Chain Network Software 276

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 276

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. Further announced was an assessment of owned retail operations in the U.S. Inventory Glut of Bicycles. over the coming months.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Unleashed

FEBRUARY 29, 2024

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. Retail software automates critical business processes in a way that traditional systems cannot. What is retail software?

Prescriptive Analytics Software 52

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

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand.

Inventory Reduction 91

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 91

Logistics Viewpoints

MARCH 9, 2023

Retailers, especially in the developed world, demand collaborative practices, continue to increase the quality of their private label offerings, and are becoming significant competitors. CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

Logility

DECEMBER 15, 2023

Staying competitive in this intense landscape demands finely tuned operations that are highly efficient and effective – from product concept to customer consumption. The key to creating an effective market-driven demand plan is access to rich forecasts based on inputs from multiple sources.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Kinaxis

MARCH 22, 2017

by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. The equivalent of 7% of America’s GDP is tied up in inventory, and accounts receivable and payable. Implementing inventory optimization.

Optimal Sourcing 196

Optimal Sourcing Supply Chain Optimization Network Optimization Inventory Reduction 196

ShipBob

SEPTEMBER 23, 2022

The success of a retail business relies on having the right products available at the right time and place. To do so, having a solid retail planning strategy is key. What is retail planning? Why is strategic retail planning important? 47% of consumers are willing to pay more for an exceptional customer experience.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Retail 98

Logility

JANUARY 12, 2021

automating the digital transformation of supply chain optimization and advanced retail planning, invites you to the upcoming webcast: Roadmap to Overcoming Five Obstacles to Achieving Multi-Echelon Inventory Optimization. Title: Roadmap to Overcoming Five Obstacles to Achieving Multi-Echelon Inventory Optimization.

Optimal Sourcing 130

Optimal Sourcing Logility Optimization Software Supply Chain Planning Software 130

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

BlueYonder

DECEMBER 18, 2023

Blue Yonder has been named as a Leader in the IDC MarketScape: Worldwide Order Orchestration and Fulfillment Applications for Retail 2023 Vendor Assessment (doc #US49615623, December 2023). Since every retail organization is different, the IDC MarketScape also looked at the flexibility of the software.

Optimal Sourcing 95

Optimal Sourcing Procurement Analytics Supply Chain Planning Software Predictive Analytics Software 95

Logility

SEPTEMBER 3, 2021

NASDAQ: AMSWA), a leading provider of innovative AI-powered supply chain management and advanced retail planning platforms, today announced that Allan Dow, Chief Executive Officer and President, and Vincent Klinges, Chief Financial Officer, will present virtually at the following investor conference: Jefferies Virtual Software Conference.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 130

Supply Chain Shaman

DECEMBER 7, 2023

The ability of an organization to deliver reliable and consistent results for revenue, margin, customer service, and quality in the face of demand and supply variability. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. My conclusion?

Supply Chain Design Software 320

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 320

Logistics Viewpoints

FEBRUARY 28, 2023

Omnichannel is a centralized strategy that enables businesses to coordinate, streamline, simplify and speed up fulfillment of orders that have been placed through different channels (online, retail, etc.). It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed.

Optimal Sourcing 196

Optimal Sourcing Sourcing Strategies Inventory Reduction Vendor Strategies 196

Logility

JANUARY 13, 2022

NASDAQ: AMSWA ), through its operating entities, delivers an innovative technical platform with AI-powered capabilities for supply chain management and advanced retail planning that is accelerating digital supply chain optimization from product concept to customer availability. Atlanta-based American Software, Inc. Logility, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 130

Talking Logistics

SEPTEMBER 4, 2018

What is Inventory Management? For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. For Logistics the focus is on high inventory turns. Inventory Management is about having a right balance of expectations from different functions of the supply chain.

Inventory Reduction 118

Inventory Reduction Inventory Management Software Logistics Network Optimization Software Inventory Management 118

Elementum

APRIL 12, 2018

Since the 1990’s, when little-known clothing retailer Zara announced it could take a garment from concept to rack in just 15 days, “fast fashion” has captured the minds of consumers. However, this dynamic industry is now facing the same challenges as some traditional retailers —unsold inventory and profit losses.

Inventory Reduction 79

Inventory Reduction Retail Inventory Sourcing Strategies 79

Logility

NOVEMBER 13, 2020

You can be proactive and use c ausal f orecasting to leverage data you already own, model additional data sources that could help explain demand variability… or do nothing. . As such, c ausal f orecasting is much more than basing inventory positions and replenishment schedules on shipment data.

Forecasting 246

Forecasting Forecasting Software Supply Chain Planning Software Price Reduction 246

Logility

NOVEMBER 4, 2021

NASDAQ: AMSWA), a leading provider of innovative AI-powered supply chain management and advanced retail planning solutions, today announced that it will release its Second Quarter Fiscal Year 2022 financial results after the U.S. ATLANTA, GA (November 3, 2021) – American Software, Inc. Atlanta-based American Software, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Demand Planning Software 130

Herlitz Inventory Management

OCTOBER 1, 2018

Maurice Sporting Goods selected HIMPACT, a best of breed supply chain solution for retail and wholesale. Since implementing HIMPACT, Maurice Sporting Goods is fully equipped to improve customer service levels, lower inventory, and increase profits. It has products that are sourced both domestically and internationally.

Forecasting 40

Forecasting Optimal Sourcing Forecasting Software Customer Service 40

Unleashed

MAY 4, 2023

For retailers, this useful tactic offers many competitive advantages and tempting benefits. Learn more: Unleashed’s Guide to Inventory Management Systems What is the endless aisle? Endless aisle products can then be shipped directly to the customer or picked up instore at a later date. But how does it work?

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Resource Reduction 52

The Network Effect

NOVEMBER 21, 2014

Today I want to talk about an important concept in retail–Distributed Order Management (“DOM”). However delivering a seamless customer experience is a challenge for most retailers. This of course limits inventory visibility as well as the options companies have in fulfilling their items.

Real-time Visibility 181

Real-time Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 181

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 267

ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

Logistics Viewpoints

JUNE 26, 2023

For Mars, digitalization has focused on improved customer service, cost reductions, and making their supply chain associates more productive. What a Supply Chain Digital Transformation Means Unsurprisingly, a company as large as Mars has a highly complex supply chain involving global sourcing, manufacturing, and distribution.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Unleashed

APRIL 16, 2023

Inventory tracking software can mean the difference between thousands of customer orders out the door and thousands of dollars down the drain. In this inventory tracking software guide, we break down what it’s for, which features to look for based on your industry and size, and how to safely manage a software upgrade.

Inventory Management Software 52

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

Vinculum

SEPTEMBER 14, 2022

Retail organizations across the globe are implementing supply chain management systems to control the movement of inventories and maintain product quality. Effective implementation of supply chain management helps to differentiate various terms of delivery along with the service offerings. Inventory .

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Retail 52

Supply Chain Matters

AUGUST 23, 2022

The motivations and explanation are common to what has transpired among other high profile online retail platform provider announcements of late. The online giant has also increased the inventory management and logistics fees charged to hosted third-party sellers within the Fulfilled By Amazon segment.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Material Savings Price Reduction 52

Elementum

APRIL 12, 2018

Since the 1990’s, when little-known clothing retailer Zara announced it could take a garment from concept to rack in just 15 days, “fast fashion” has captured the minds of consumers. However, this dynamic industry is now facing the same challenges as some traditional retailers —unsold inventory and profit losses.

Inventory Reduction 60

Inventory Reduction Retail Inventory Sourcing Strategies 60

SCMDOJO

APRIL 29, 2024

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

Supply Chain Planning Software 83

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 83

ThroughPut

DECEMBER 4, 2022

In the past two years, there has been a shift in how supermarket & retail grocery supply chains function. Store replenishment is one a core operational process for retail planners and one of the biggest challenges faced by them is the trade-off between stock availability and excess stock. Importance of Demand-driven Replenishment.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

Enterra Insights

AUGUST 1, 2019

Every supply chain professional understands inventory is a necessary evil. Carry too little inventory and you can miss out on sales and anger customers. Carry too much inventory and you increase handling costs and cut into profits. The inventory optimization challenge. The inventory optimization challenge.

Optimal Sourcing 124

Optimal Sourcing Modeling Inventory Reduction Supply Chain Optimization 124

Logility

AUGUST 12, 2021

Most companies understand that accurate forecasts are a critical part of minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently. Advanced Inventory Management. Preparing for Market-Driven Demand.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130