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Improving inventory management

EFT

Factory closures, blank sailings, massive cuts to air freight, reduced warehouse capacity and more have hit business-as-usual and often turned carefully calibrated chains on their head. There, “You're talking about … 20 to 25 warehouses,” across the country to give that same day coverage.

5 ways ERP improves inventory visibility in your supply chain

OptiProERP

Inventory visibility is one of the critical aspects of any manufacturing business. It helps organizations understand how much inventory is available, at what location , and at any given point of time. To ensure inventory visibility, you should have access to view, manage, and update your inventory status from trusted software. What Improved Inventory Visibility does. Inventory ties up money. How ERP Improves Inventory Visibility.

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The Past, Present, and Future of Technology in the Warehouse

Logistics Bureau

Imagine stepping back in time to visit a large warehousing operation in 1990. To save you from a meltdown, let’s take a brief journey through warehouse operating developments from 1990 to 2045. While some imagination will still be required on this journey, most of the hard work has been done in the writing of this article, so you can shut down the imagination overdrive and cruise through this rundown of technology’s impact on warehouses and distribution centers.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Supply chain management is increasingly making an impact on the overall functioning of the business and influencing C-suite decisions.

How Inventory Management Has Evolved Over Time

Unleashed

When it comes to inventory management, there has been a significant shift in the way warehouses operate today and the future holds even greater changes. It is certainly an exciting time for inventory management as the evolution is rapidly changing. Manual inventory management. In most warehouses, the days of pens, paper and spreadsheets are coming to a close. Manual data entry is arduous and subject to human error.

5 Quick Solutions for Simplifying Supply Chains

Unleashed

With the rapid rise in our ability to collect information, data saturation is everywhere. Sure, data is king when it comes to helping forecast future demand and inventory stock needs but the ability to collect data is not always supported by the ability to filter and manage that data correctly. Any data collected and held needs to be relevant to the business. Business Tips inventory management supplier relationship suppliers supply chain

What is SCM and Why is it Important?

Oracle SCM

The acronym SCM stands for supply chain management. It refers to the systems, processes and software packages used by organizations to manage day-to-day operating activities such as, new product development , demand, supply and sales & operations planning , procurement , logistics , order management , manufacturing and asset maintenance. Today, SCM systems are critical to businesses of all sizes and in all industries for managing their day to day operations.

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ERP and MES: The Relationship Explained

OptiProERP

Manufacturers are becoming more competitive day-by-day. From adopting lean manufacturing strategies to investing in power-driven machinery, manufacturers endeavor to deliver the best quality products in a short period. Manufacturing Execution Systems (MES) is an extensive software that controls complex manufacturing operations and data on the shop-floor. MES is a vital element of Manufacturing ERP.

50 expert tips on supply chain management

6 River Systems

“In the past, most disruptions were limited to a single supply chain,” explains Dr. Asoo Vakharia, McClatchy Professor and Director of the Supply Chain Management Center at the Warrington College of Business. As many states have started the process of reopening their economies, supply chain managers are faced with rethinking their supply chain networks. ” — Understanding risk management in the supply chain , Deloitte; Twitter: @DeloitteUS 4.

Top 15 Logistics Blog Posts of 2014

Cerasis

We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Some logistics involves transportation or warehouses or both. It is evident, the two most popular themes around logistics in 2014 based on these page views have to deal with Reverse Logistics , e-commerce , and information around the warehouse. Any process or management after the sale of the product involves reverse logistics.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory. Will interest rates continue to climb in 2016, and if so, what impact will it have on inventory levels? Guess Who Announced New Transportation Management Software (TMS) Functionality Yesterday.

Good Times Can Be Dangerous to Supply Chain Operations

Logility

A consequence of long periods of economic growth, like the one we just had from June 2009 until March 2020, is that many members of the supply chain team have only experienced managing a supply chain during growth. Supply chains face different challenges in growth versus recessive economies and must be managed to different company goals and objectives and different customer expectations. Inventory Management: During growth it seems you can never have enough inventory.

Practical ways to measure productivity – and improve it

Unleashed

In this article we’ll first look at practical ways to measure productivity in the workplace, and then at some of the practical metrics and KPIs that help business owners and managers lift productivity. To keep things simple we’ll be looking mostly at manufacturing productivity.

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Robust and continuously updated Master Data: A key ingredient for successful supply chain digital transformation

o9 Solutions

Many companies struggle to have one comprehensive view on all of their capacities, constraints, inventory and alternatives across the network. The most common answer to that question is “data”. In Gartner’s “ Future of Supply Chain, Reshaping the Profession ” report, one of the key roadblocks to embarking on a digital transformation is the access to reliable and good data. First and foremost, nearly all organizations are data rich, but lack insights.

Collaboration and Visibility in the Supply Chain

Oracle SCM

One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. This was a relatively heavy investment in time and resources when we had our startup due largely to the investment in data gathering and integration. See Oracle’s PaaS for SaaS data integration cloud for more information. Tom McDonough , Sr.

Global Trends In Digital Supply Chain - 2019 Review

Abivin

The landscape of supply chain management is under evolvement as it is the answer to recent development in this industry. Source ) Even though Warehouse Management System (WMS) has been playing a crucial part in supply chain management, the emergence of autonomous mobile robots in optimizing picking process has become increasingly competitive. Source ) Furthermore, the AI technology can store data, analyze the patterns and predict future operation scenario.

Digital Transformation in Trade Promotion: What Must Change?

Supply Chain Insights

Our survey on Revenue and Trade Promotion Management is closing soon; and we will have some pretty strong research to pass along on this topic; but you and I both know it is going to tell us that nearly half of the trade promotions continue to produce less than planned ROI. Predicting the success of trade promotion is what this rush to promotion optimization is all about; but, it’s more about the quality and quantity of the data.

Global Trends In Digital Supply Chain - 2019 Review

Abivin

The landscape of supply chain management is under evolvement as it is the answer to recent development in this industry. AMRs operate for warehouse tasks, including inventory replenishment, cycle counting, and item verification. Source) The emergence of autonomous mobile robots in optimizing picking process has placed a question for many Logistics managers about the competition between AMR and Warehouse Management System (WMS).

Supply chain software demands continual attention

Supply Chain Movement

The ‘systems of differentiation’ comprise solutions which give companies a competitive edge in their markets, such as forecasting, planning or advanced warehouse management. The food and drinks manufacturer and owner of brands including Lay’s, Duyvis and Quaker has been using that ERP system since 1 November 2013. SAP has helped to harmonise the master data and processes in six factories and ten countries. The master data is now managed centrally, for example.

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

The back bone of all of it is Digital Technology: The Internet of Things (IoT) End to End Digital Connectivity Cloud Computing Blockchain Big Data Artificial Intelligence Predictive Analytics Machine Learning Virtual Reality Augmented Reality Voice Activated Technology Wearable Devices Robotics 3D Printing and On Demand, Additive Manufacturing Cyber Security Autonomous Vehicles Drones Software as a Service (SaaS) and much more. The same applies to data. Subscribe Here!

21st Century Health Care Value Chain Improvement Opportunities

Vecco International

Health Value Chain participants (Medical materials and device manufacturers, traditional and biologic drug producers, their distributors and the healthcare systems that use them), struggle with opaque and inefficient value chains. In bound supply information is commonly blocked beyond the immediate supplier or distributor’s inventory data because of heterogeneous IT systems. Viable solutions will use all existing data warehouses, EDI exchanges, etc.

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Supply Chain Management:A New Lens for Supply Chain Roadmaps

Infosys Supply Chain Management

Industrial Manufacturing. Management Consulting. Application Management. Infrastructure Management. Cloud & Big Data. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. Supply Chain Management. About Us. Contact Us.

New online insight hub revealed to increase intelligence resources for supply chain decision makers

EFT

Wherever you are involved in the supply chain ecosystem; as a manufacturing, retailer, logistics or tech solution provider, we can now house a far greater library of content than has previously been possible. In this light, words such as supply chain risk management, sustainability, collaboration, resilience, agility and visibility have been used consistently over recent times – and now more than ever.

Three Reasons Why I Love Hadoop, and You Should Too!

Supply Chain Shaman

The data is logically expressed in rows and columns. To connect data from system to system, the data is moved and integrated. As a result, everywhere you go, users and teams complain about the inadequacies of transaction master data and the problems of data integration. I have never heard Google struggle with a master data issue. It makes searching large data sets fast. Instead, the program processes the data where it resides.