Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

American Global Logistics

NOVEMBER 14, 2023

A Comprehensive Introduction, the 4 V's, and Its Significance for Businesses Introduction In the era of digital transformation, the term 'big data' has become more than just a buzzword. Data, analytics, and technology are intertwined concepts that are shaping the future of businesses across the globe. What is Big Data?

Big Data 52

Big Data Data Analytics Software Logistics Network Optimization Software 52

Logility

MAY 7, 2020

Companies across all industries and sizes struggle to make sense of and value from the available mountains of data. Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Exponential Growth in Supply Chain Data.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

American Global Logistics

NOVEMBER 7, 2023

In the digital transformation era, the term 'big data' has become more than just a buzzword. High-volume data, analytics, and technology are intertwined concepts that are shaping the future of businesses across the globe. What is Big Data? To be clear, the concept of big data isn't new.

Big Data 52

Big Data Data Analytics Software Logistics Network Optimization Software 52

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Logistics Viewpoints

MARCH 27, 2023

When companies talk about improving their forecasting, they are most often referring to demand forecasting. As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. How much will demand be impacted? This increases sales.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

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

Logility

JUNE 28, 2022

Applying Starboard’s rich set of reference costs with Logility’s lane rates and time data structures, users have the ability to quickly analyze options in regions for which they have no prior data and locate the absolute best location for future plants, warehouses or 3PL locations. 626) 657-0013 or email kliu@amsoftware.com.

Optimal Sourcing 252

Optimal Sourcing Network Optimization Software Logility Supply Chain Network Software 252

Logistics Viewpoints

JUNE 26, 2023

The final goal was to develop end-to-end visibility based on leveraging data analytics. 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. Aera refers to these algorithms as Aera Skills.

Supply Chain Planning Software 207

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

ToolsGroup

JANUARY 19, 2024

Amidst the AI dominance, retailers are venturing into a new era of technological innovation centered around AI and machine learning (ML), emphasizing the role of these tools as the most efficient means for retailers to extract value from data. Effectively incorporating these tools necessitates a shift in thinking when seeking information.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Optimization Software Forecasting Software 156

Supply Chain Opz

JUNE 23, 2014

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. In the visibility use case avoid three watch outs: 1) Make Sure That The Data Is Actionable. In many deployments of telematics, companies get visibility on truck status, but the data is an overkill.

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

Supply Chain Shaman

SEPTEMBER 28, 2022

Navigating through the turmoil is unprecedented: there are no easy reference models to guide behavior. Make, source, and deliver need to be managed together based on analytics that sense and respond at the speed of business. We find that three factors mattered: organizational alignment, descriptive analytics, and inventory management.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

Supply Chain Shaman

FEBRUARY 14, 2022

I also share data to try to convince you to join a guiding coalition to think bigger. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Sales data has the greatest bias and error due to bonus incentives. Without clear governance, customer data never sees the light of day.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Intelligent Audit

OCTOBER 27, 2022

In 2008, Dr. Raymond Panko published a paper detailing examples of human error in data entry. When manually entering data into a spreadsheet, the probability of human error was 18-40%. One solution is to turn to big shipping data. That’s why it’s critical to have an audit partner who can ingest data across all systems.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

SYSPRO Smarter ERP

APRIL 24, 2023

Order fulfilment refers to the process of receiving, processing, and delivering an order to a customer. Sourcing and receiving — most companies use suppliers to provide parts or materials or a product. Inventory management — an ERP system can help manage inventory levels to ensure that items are available to fulfil orders.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Taulia

SEPTEMBER 9, 2021

Inventory management is an essential process for almost every type of business. Inventory is often the largest current asset and poor or ineffective management of stock can lead to large losses or in some cases, business failure. Yet the successful organization of inventory is not without its challenges.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Material Savings 52

Logility

JULY 14, 2022

based furniture manufacturing company who needed support rightsizing its inventory across its global supply chain network and reducing safety stock. References below to the Company means Logility, Inc. Logility won for its work with a large U.S.-based supply chains.” Forward-Looking Statements.

Logility 173

Logility Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 173

Logility

AUGUST 16, 2022

The company was recognized for its work with iNova Pharmaceuticals, a distributor of prescription medicines and healthcare products, to transform its data management, demand and supply planning, replenishment planning and analytics framework. References below to the Company means Logility, Inc. Our business is complex.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Supply Chain Design Software Prescriptive Analytics Software 130

crisp

JULY 12, 2023

With timely data, companies are able to make informed decisions and react quickly to continuously changing market dynamics, ensuring they stay agile and responsive. Reshoring refers to bringing manufacturing operations on US shores, while nearshoring involves relocating operations to nearby countries like Mexico or Canada.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Planning Manufacturing Procurement 52

ivalua

SEPTEMBER 28, 2020

Why force a supplier to rekey, when you can have pure electronic invoice data linked to real-time delivery data, capture receipt information all integrated into RFID tracking of inventory, all supported by a Government stamp saying its a real invoice, from a real supplier? . What’s changed, nothing other than data!

Supply Chain Software 237

Supply Chain Software Manufacturing Procurement Procurement Solutions Supply Chain Network Software 237

The Logistics & Supply Chain Management Society

JULY 16, 2023

Resilience refers to the ability of a supply chain to withstand and recover from disruptions, while agility refers to its ability to respond quickly and effectively to changing circumstances. Demand changes refer to shifts in customer preferences, market trends, or unexpected spikes in demand.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Logility

AUGUST 18, 2022

WEG chose Logility’s sophisticated demand planning tool to support inventory replenishment on its distribution business in the United States. References below to the Company means Logility, Inc. Headquartered in Brazil, WEG is a world-leading supplier of electro-electronic equipment and solutions. WEG’s net revenue reached R$ 23.6

Logility 130

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Network Software 130

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA as it is also referred to, has the capability to transform supply chain management. RPA can automate the uploading of reporting and contract data for transactions from contracts into Transportation Management Systems (TMS) or Enterprise Resource Planning (ERP) systems with greater speed and accuracy. Inventory Management.

Supply Chain Software 246

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

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Supply Chain Shaman

JULY 25, 2021

To make the point, let me share an orbit chart for four industries (reference Figure 1). Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Less than 50% of the required data for supply chain planning comes from ERP. Maturity Model.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

ToolsGroup

APRIL 11, 2018

Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). It managed local inventories fed by regional warehouses and factory warehouses (See Figure 1 below). Figure 1 Source: SKF. Figure 2 Source: SKF. Inventory planning was local. Inventories themselves were often local. Figure 3 Source: SKF.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 222

Logility

JANUARY 25, 2022

The corporate responsibility solution can foster a strong, collaborative supply network, and can enhance corporate reputation with consistent social and environmental data that drives ethical sourcing decisions, transparent reporting and better risk management across the supply network. 626) 657-0013 or email kliu@amsoftware.com.

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Design Software Logility Supply Chain Network Software 204

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

BlueYonder

SEPTEMBER 7, 2023

In every role inventory availability and protecting the company’s assets was always critical. is a contributing factor, inaccurate inventory management process and systems remain a big driver of the out-of-stock problem globally. in the first quarter – primarily from inventory shrink. While increasing retail theft in the U.S.

Retail 109

Retail Inventory Reduction Real-time Visibility Supply Chain Design Software 109

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Even with this visibility, finding the balance between customer satisfaction and achieving sustainability, poses a great challenge when data and processes are siloed. A connected supply chain breaks down data silos and consolidates data, plans and processes into one central platform. Building a connected supply chain.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

SCMDOJO

APRIL 4, 2023

By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. When it comes to managing a supply chain, having access to real-time data can be a game-changer.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Unleashed

FEBRUARY 29, 2024

Retail software, also called retail management software, refers to digital systems used by retail organisations to manage various business activities, including stock control, payment processing, customer management, and bookkeeping. How does retail software work?

Prescriptive Analytics Software 52

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

Unleashed

JANUARY 27, 2020

Big data refers to the process of examining and analysing large and diverse data sets for the purpose of uncovering valuable information to help businesses make informed decisions. The relationship between SMEs and big data is not contradictory, because no business is too small for big data. SMEs and big data.

Big Data 63

Big Data Analytics Software Predictive Analytics Software Purchasing Skills 63