ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Tracking issues.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

Supply Chain Shaman

MARCH 21, 2024

We explore the concept of holistic inventory strategies focused on the form and function of inventory. In the process, we learn that only 15-20% of inventories are safety stock and that the current APS frameworks do not enable a holistic analysis of the form and function of inventory. I think that the answer is no.

Inventory Reduction 389

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 389

GlobalTranz

JANUARY 8, 2015

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits.

Inventory Reduction 120

Inventory Reduction Agile and Lean Supply Chain Lean Waste Reduction 120

ToolsGroup

SEPTEMBER 26, 2023

Fabrizio Fantini, Founder and CEO of Evo commented, “Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations. We are very excited about this new chapter in Evo’s journey.”

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

Supply Chain Shaman

JANUARY 28, 2013

After two decades of process and technology refinement, excellence in demand management still eludes supply chain teams. Today, most supply chain professionals believe that the supply chain planning solutions have driven steady progress to reduce costs, improve inventories and speed time to market.

Supply and Demand 239

Supply and Demand Modeling Demand Planning Software Demand Management 239

Kinaxis

MARCH 20, 2019

The CEO went on to imply that losing sales was preferable to building excess inventory. Shouldn’t it be ok to build inventory in anticipation of demand surges, and then apply promotions to work through the excess? For a company operating at almost 52 percent gross margin, that’s not an insignificant amount.

Apparel 193

Apparel Inventory North America Demand Planning Software 193

Intelligent Audit

JULY 27, 2021

Supply and demand are two sides of the same coin, the vital coin of inventory management supply chain analytics. Without adequate inventory and supply to go along with capacity and demand, supply chain management will struggle to keep pace during peak seasons.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

Logistics Viewpoints

MARCH 27, 2023

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. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Supply Chain Opz

APRIL 15, 2015

What inventory book can help you to cut inventory costs? In this article, we will show you 10 best inventory book that readers at all levels can learn from. Inventory Management Overview Many people think inventory management is a clerical task but they're absolutely wrong.

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Material Savings Inventory 100

Logility

JANUARY 13, 2022

Demand Management, Inc. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs. Customers of New Generation Computing, Inc.

Supply Chain Planning Software 130

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

Logility

NOVEMBER 4, 2021

Demand Management, Inc. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs. Customers of New Generation Computing, Inc.

Supply Chain Planning Software 130

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

Kinaxis

MARCH 25, 2015

by Alexa Cheater Our partner Celestica recently published the following article, ‘ Is your company being held hostage by poor inventory performance? ’ Poor inventory performance can create a significant obstacle to growth and profitability. Visibility allows you to see precisely how much inventory you have and where.

Optimal Sourcing 100

Optimal Sourcing Inventory Reduction Modeling Inventory 100

Vinculum

JUNE 3, 2020

Inventory management plays a vital role in building a sustainable, scalable and profitable eCommerce business. No matter how expert you are, how bigger or smaller your business may be, what products you sell, or who do you serve, lack in your inventory management can bring bigger challenges in your business success.

Inventory Management Software 59

Inventory Management Software Forecasting Software Supply Chain Planning Software Demand Planning Software 59

Logility

JANUARY 22, 2014

Demand management has always been at the top of supply chain professionals’ list of challenges. Against this backdrop, it is interesting that many companies still depend on spreadsheets for demand planning and S&OP , as noted in the recent survey by APICS ( see Are Spreadsheets the Answer , SC Digest, September 2013 ).

Demand Planning Software 101

Demand Planning Software Supply and Demand Supply Chain Planning Software Demand Management 101

Logility

SEPTEMBER 3, 2021

Demand Management, Inc. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs.

Supply Chain Planning Software 130

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

Logistics Viewpoints

APRIL 4, 2024

During summer days, I didn’t mind doing inventory checks in the fridge and freezer because it meant I got to cool down. Understanding that when the weather is 5 degrees warmer than the average temperature, ice cream sales increase by 50% allows for more accurate and real-time forecasts in your demand planning process.

Supply and Demand 229

Supply and Demand Modeling Demand Planning Scenario Planning 229

Supply Chain Shaman

OCTOBER 11, 2023

The larger the global corporation, the more that the use of functional goals sub-optimizes growth, margin and inventory levels. Instead, they are attempting to measure demand forecast error and lamenting the lack of perfection on imperfect demand data. Measurement. Few companies that I work with are familiar with these terms.

Supply Chain Planning Software 379

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 379

ToolsGroup

DECEMBER 16, 2021

Intelligent demand management software is the key technology enabler of lean retail merchandise management. Inventory is retailers’ greatest asset AND liability. Nearly all of most retailers’ capital is tied up in their inventory, so it’s crucial to make sure that every item counts. Retailers are losing $1.75

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Logistics Viewpoints

MAY 10, 2021

Blue Yonder is a leading provider of supply chain software solutions including several solutions that will be mentioned in this article – demand management, inventory optimization, replenishment, warehouse management, warehouse control systems, yard management, and transportation management.

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Software Supply Chain Transformation Inventory Reduction 232

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

AFFLINK

NOVEMBER 29, 2018

Grocery stores and big box stores are faced with the need to constantly evolve to meet growing consumer demand for near instant and effortless fulfillment. Due to this increase in demand, managing inventory can be a challenge, but consumer interest in these services makes it a necessity. We Want It Now!

Inventory Reduction 54

Inventory Reduction Inventory Modeling Price Reduction 54

ToolsGroup

JUNE 11, 2020

Establish the digital twin The next step was bringing the supply chain network map to life by adding operational data: details like open customer orders, goods-in-transit, and inventory levels. How much inventory do we hold of that item in all our locations? It now more easily senses demand deviations and address them more proactively.

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. From a data standpoint, they learned that the data they had in their enterprise system regarding the amount of inventory a customer could hold was often wrong.

Forecasting 167

Forecasting Forecasting Software Optimal Sourcing Modeling 167

EMERGE App

MARCH 18, 2019

Instead, it refers to a quality management improvement process used by large scale manufacturers. At first glance, there may not be much synergy between Six Sigma and inventory management. The second is about controlling and managing the stock of raw materials, semi-finished goods and final products. What is Six Sigma?

Six Sigma 40

Six Sigma Inventory Management Software Supply Chain Design Software Inventory Reduction 40

Kinaxis

OCTOBER 9, 2014

In this video hear, Don Gaspari, Director, Materials & Inventory, Global Operations and Logistics, NCR, speak about his time at NCR and their vision to leverage it’s market leadership in self service devices and applications to transform the way that business does business with consumers.

S&OP 171

S&OP Inventory Reduction Material Savings Video 171

Supply Chain Shaman

APRIL 19, 2021

My organization does not believe in demand planning. The lack of belief in demand management is a barrier for us. I know that it sounds funny, but a good demand plan helps organizations to align and discuss the market potential. The goal of demand planning is to identify the error. ” Joe. Joe laughed. “I

Supply Chain Planning Software 271

Supply Chain Planning Software Purchasing Training Eliminating Excel in Purchasing Demand Planning Software 271

Supply Chain Shaman

OCTOBER 8, 2017

If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. I do believe in demand planning, but most companies overstate forecast improvements. Here I share my world view. Everyone has a bias.

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

Logility

JUNE 8, 2022

Next Level Apparel – one of the leading wholesale producers and sellers of premium quality blank apparel in the United States – implemented the Logility ® Digital Supply Chain Platform to modernize its demand and inventory planning processes. Demand Management, Inc. Customers of New Generation Computing, Inc.

Supply Chain Planning Software 173

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

Kinaxis

NOVEMBER 13, 2014

Best practices Control tower Demand management General News Inventory management Miscellanea Sales and operations planning (S&OP) Supply chain collaboration Supply chain management Anne Bassett Apple Inc. How is Kinaxis unique in helping solve complex supply chain challenges?

Supply Chain Planning 177

Supply Chain Planning S&OP Supply Chain Supply and Demand 177

Logility

AUGUST 16, 2022

“We benefited greatly from the industry expertise at Logility and from their local implementation partner Demand Management Systems. To achieve its growth goals, iNova needed to unify and synchronize its strategy for supply and demand planning, sales and operations planning (S&OP), and inventory management.

Supply Chain Planning Software 130

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

Kinaxis

OCTOBER 21, 2014

Demand management General News Inventory management Milesahead Sales and operations planning (S&OP) Supply Chain Events Supply chain management' Changing the mindset away from the individual supply chain / S&OP functions to connecting functions and most importantly, people.

S&OP 188

S&OP Supply and Demand Supply Chain Planning Inventory Management 188

SCMDOJO

JUNE 21, 2023

This partnership improves inventory management, particularly for medicines with limited shelf life, utilizing dedicated storage facilities. SCaaS: Planning & Demand Management Measurable outsourcing provides companies with a cost-cutting solution. In a study conducted by Nicholson et al.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Logility

FEBRUARY 23, 2022

and Demand Management, Inc., This marks Logility’s seventeenth year and Demand Management’s thirteenth year of recognition. During the quarter, Demand Management announced a strategic partnership with Royal Cyber, a leading IT consultancy and solutions provider. Demand Management, Inc.

Supply Chain Planning Software 130

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

Ware2Go

FEBRUARY 24, 2022

That means most SMB’s are working with limited data and analytics on the supply chain side, and often inventory management and demand management are based on educated guesses and rarely tied to sales data or demand patterns. Slow Inventory Turns.

Inventory Management Software 98

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

Kinaxis

AUGUST 18, 2014

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. Sure, we’re concerned, and in some cases stocking more inventory at local distribution centers. Some people call this “Big Data”.

Modeling 263

Modeling Supply Chain Planning Software Supply Chain Strategy Inventory Reduction 263

QAD

APRIL 10, 2024

Thus, it can impact the efficiency of operations and increase inventory carrying costs. The adoption of demand forecasting tools can help overcome the challenges of demand fluctuation in a timely manner. This visibility into the accuracy of your demand forecasts has a direct impact in your business decisions.

Optimal Sourcing 52

Optimal Sourcing Forecasting Supply and Demand Forecasting Software 52