ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

My Office Apps

JULY 22, 2021

This focus on patient care pulls them away from managing their business like a businessperson. Unorganized medical inventory management can cause delays in providing patient care, and in the healthcare industry, each second matters. Medical providers often overlook inventory management, especially consumable inventory.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 52

My Office Apps

MAY 9, 2022

Manufacturing ERP Software | Kechie ERP. It is imperative that owners and decision-makers tasked with the decision of purchasing a new ERP do so with a balance of cost, ease of use, lifecycle changes, and especially, the unique needs of their company within their industry. Procurement. Multi-Location Management.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Inventory Management Software Supply Chain Software 52

Unleashed

FEBRUARY 14, 2024

Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

EazyStock

DECEMBER 13, 2021

Many inventory management teams are looking for ways to avoid stockouts, as they can cause problems across the entire organization. Unfortunately there’s no easy solution to the deal with the current global supply chain problems and avoid stockouts altogether. Help Avoid Stockouts with a Simple Risk of Stockout Report.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 52

Unleashed

DECEMBER 12, 2023

Poor BOM management leads to stockouts and overstocking, both of which can impact your ability to achieve cost-effective production and put the overall quality and success of the products you’re manufacturing at risk. In this BOM management guide: What is a bill of materials (BOM)? What is BOM management?

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

Supply Chain Game Changer

JULY 21, 2021

Product Management KPIs! Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. Procurement Cost. Inventory Turnover (Cash). Get Our EBOOK HERE.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

EazyStock

DECEMBER 13, 2020

Having a transparent and detailed account of what inventory you are currently holding will help you optimize your inventory levels while allowing you to be responsive to market demand. Next comes crafting an inventory management plan to mitigate your greatest risks. What were your biggest challenges in 2020?

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Inventory Management Software Resource Reduction 98

Precoro

JULY 9, 2023

According to research by Ardent Partners in 2023, over two-thirds of invoices are linked to a purchase order, indicating that about one-third of invoices are not. While it may be tempting to assume that skipping purchase order creation speeds up the procurement process, the study emphasizes the disadvantages of such an approach.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing 98

ThroughPut

JUNE 4, 2020

It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory. Inventory optimization is also considered as the next level of inventory management for warehouse and supply chain managers. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory. Inventory optimization is also considered as the next level of inventory management for warehouse and supply chain managers. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

My Office Apps

JUNE 22, 2021

Inventory Control and Inventory Management. Regardless of the industry that your business is in, one of the universal truths of operating a successful business is optimized inventory management and control of inventory. The Difference Between Inventory Management and Inventory Control.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Optimization Software 52

EazyStock

JANUARY 4, 2021

Inventory management is crucial to ensuring businesses have agile and efficient supply chain operations. However, having control over every inventory item often ends up being a time-consuming and frustrating endeavor for most inventory teams, as they rarely have the right tools in place to get the job done well.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Unleashed

DECEMBER 10, 2023

So, when it comes to investing in supply chain software, how do you know which solution is best for you? We’ll dive into the unique features and functionality – and explore which types of companies the two systems are best suited for to help you decide which is the right software for your business needs. What is an ERP system?

Inventory Management Software 52

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

EC Sourcing Group

OCTOBER 26, 2021

Before the Internet was a vital tool in business, the supply chain was a much different place than today. However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

ThroughPut

DECEMBER 5, 2023

Accurate demand forecasting enables businesses to optimize their production, inventory management, and pricing strategies, resulting in maximized profits and customer satisfaction. When demand is accurately forecasted, companies can optimize their inventory levels, reducing carrying costs and minimizing the risk of stockouts.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

ThroughPut

MARCH 25, 2024

Our 2024 guide provides supply chain managers and planners with the latest tools and insights to refine their demand forecasting processes. Demand forecasting is the process of predicting future customer demand for a product or service. Demand forecasting predicts future customer demand using historical data and market analysis.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

ThroughPut

DECEMBER 4, 2022

A report by Acosta, a US-based sales and marketing agency, on grocery store trends for 2021 indicates that 46% of people now use online delivery more than they did before the pandemic. Demand-driven replenishment and fulfillment can help retail planners manage large SKUs, determining each sales location and its optimal inventory targets.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

EazyStock

OCTOBER 31, 2022

A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much and when they need to order. They will aim to have enough stock to avoid stockouts, but not so much that they end up with obsolete stock or high inventory values.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning 52

EazyStock

OCTOBER 31, 2022

A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much and when they need to order. They will aim to have enough stock to avoid stockouts, but not so much that they end up with obsolete stock or high inventory values.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning 52

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

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

ThroughPut

JANUARY 2, 2023

At ThroughPut , we have been working towards creating perceptive supply chain solutions that can help tide through these uncertainties with AI-driven proactive intelligence. Accurate capacity planning optimization and utilization analysis are now undeniably the most essential tools for a transparent end-to-end supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 52

EazyStock

JUNE 16, 2022

For supply chain management, this could include generating demand forecasts to ensure stock availability or mapping transportation routes to prevent idle time and reduce fuel consumption. It uses algorithms, software, or systems to learn and adjust without specific programming. Inventory management and AI.

Modeling 52

Modeling Supply Chain Software Forecasting Software Supply Chain Optimization 52

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Saleswarp

DECEMBER 27, 2023

Unit types represent standardized containers for packaging inventory, while lot codes provide crucial information about a product’s origin, processing, and manufacturing batch. Together, these systems ensure accurate inventory management and contribute to maintaining an effective supply chain.

Warehousing 40

Warehousing Manufacturing Procurement Inventory Management Software Sourcing Strategies 40

ThroughPut

OCTOBER 7, 2022

With COVID-19 shattering most of the old ways of predicting demand and inventory management challenges and uncertainty persisting across several dimensions along with deep changes in consumer behavior, it has become crucial for businesses to understand these new patterns. Reshaping the manufacturing world to meet new demands.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. Within the retail industry alone, estimates indicate that dead inventory costs nearly $50 billion year-over-year.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Inventory Management Software 98

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. Logistics management plays a key role in these processes. billion by 2025, growing at a CAGR of 16.7%

Optimal Sourcing 52

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

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

ThroughPut

MAY 20, 2021

At ThroughPut , we have been working towards creating perceptive supply chain solutions that can help tide through these uncertainties with AI-driven proactive intelligence. Accurate capacity planning and utilization analysis are now undeniably the most essential tools for a transparent end-to-end supply chain.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 40

ThroughPut

MAY 20, 2021

At ThroughPut , we have been working towards creating perceptive supply chain solutions that can help tide through these uncertainties with AI-driven proactive intelligence. Accurate capacity planning and utilization analysis are now undeniably the most essential tools for a transparent end-to-end supply chain.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 40

ThroughPut

JUNE 8, 2021

Businesses are now looking for creative solutions and transforming operations to ensure continuity, resilience, and collaboration. Working with dispersed teams has resulted in increased demand for flexibility, agility, and visibility in all the processes, and inventory management is no exception to this.

Inventory Reduction 98

Inventory Reduction Price Mitigation Strategies Optimization Software Vendor Strategies 98

CH Robinson Transportfolio

APRIL 29, 2021

While the industry has been undergoing a digital transformation for some time, the current environment is accelerating the need for supply chain leaders to invest in technology solutions like visibility, artificial intelligence (AI), and predictive analytics to drive better resilience, agility, and performance.

Real-time Visibility 44

Real-time Visibility Gartner Prescriptive Analytics Software Supply Chain Design Software 44

crisp

JULY 20, 2023

This success – easy to see with Crisp – can be attributed to a combination of effective inventory management, impactful brand marketing, and the introduction of the iconic promotion. Wrangling siloed vendor portal reports from each retailer tacked hours onto this process.

Inventory Reduction 52

Inventory Reduction Data Resource Reduction Price Reduction 52

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. accuracy and more.

Inventory Management Software 56

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 56