Locus

NOVEMBER 28, 2023

Returns, in the context of logistics, is the process of moving goods from their final destination back to the manufacturer or point of origin for multiple reasons. Schedule a Demo The post Navigating Returns: Five Strategies for Shippers to Reduce Return to Origin appeared first on Locus Blog. What are Returns in logistics?

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

SCMDOJO

APRIL 11, 2023

‘Excel Supply Chain Analysis: Solving Inventory Problems’ by LinkedIn Learning Excel is a powerful tool that can be utilized to help analyze inventory costs and develop effective inventory policies. He covers how to evaluate quantity discounts, and how to calculate production quantities to maximize profit.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

Precoro

JULY 8, 2022

There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even from company to company. In some cases, for example, in manufacturing businesses, optimized spending can impact the company’s bottom line more than successful sales or marketing.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. The Importance of Improving your Inventory Turnover. Prioritize your inventory. Reorder smarter.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Optimization Software Price Mitigation Strategies 59

Enterra Insights

NOVEMBER 6, 2018

which makes Internet-connected exercise bikes, but also for more traditional manufacturers such as the athletic footwear and apparel company Nike Inc.”[3]. Today there is a lot of focus on reshoring manufacturing. As I recall, experts estimate between 6 and 8 supply chains jobs are created for each new manufacturing job.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 100

Arkieva

SEPTEMBER 29, 2016

As I watched each candidate explain their viewpoints and policies, I drew a parallel to the conversations that manufacturing companies often must have when discussing why they need a “best of breed” supply chain solution. While a reduction in inventory levels due to a more accurate forecast and an increase in working capital.

Supply Chain Planning Software 60

Supply Chain Planning Software Procurement Solutions Supply Chain Software Supply Chain Optimization 60

Precoro

JUNE 21, 2023

GAAP helps policy boards regulate accounting within the business environment. Accounting policies and assumptions in areas such as inventory valuation methods, depreciation methods, and criteria for estimating fair value. Measuring assets (like property and equipment) and liabilities (loans and obligations).

Procurement Analytics 98

Procurement Analytics Expense Reduction Procurement Solutions Guidelines 98

Arkieva

DECEMBER 7, 2016

For many companies, the term “inventory optimization” has become more of a catch phrase than an actual reality. The idea of cutting inventory costs while maintaining the same level of customer service is rather elusive. Inventory, together with receivables, are essential components of the cash-to-cash cycle time.

Optimization Software 60

Optimization Software Supply Chain Planning Software Inventory Reduction Supply Chain Optimization 60

My Office Apps

APRIL 14, 2021

Some vendors have policies that they will only process RMA’s with Replacements for financial reasons. Decide whether to put the old part back into inventory or fix it or scrap it. Fully integrated with the sales, finance, inventory, and shipping modules needed to complete the transaction. Receive back the old part.

Optimization Software 52

Optimization Software Procurement Solutions Manufacturing Procurement Eliminating Excel in Purchasing 52

My Office Apps

APRIL 14, 2021

Some vendors have policies that they will only process RMA’s with Replacements for financial reasons. Decide whether to put the old part back into inventory or fix it or scrap it. Fully integrated with the sales, finance, inventory, and shipping modules needed to complete the transaction. Receive back the old part.

Optimization Software 52

Optimization Software Procurement Solutions Manufacturing Procurement Eliminating Excel in Purchasing 52

Precoro

OCTOBER 10, 2022

Inventory KPIs: Inventory Aging, Inventory Turnover Ratio. It includes aligning with contractual and policy compliance, such as delivery time, the price paid for goods, maximum reaction time in case of delays, payment mode, etc. Inventory KPIs: Inventory Aging. Inventory Turnover Ratio. Quality KPIs.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Arkieva

SEPTEMBER 15, 2016

When it comes to inventory optimization , companies often have to play a delicate balancing game to ensure that they have optimal levels of inventory. If your forecast numbers are too high, you run the risk of holding costly excess inventory and reducing available cash on hand. in multi-echelon inventory optimization.

Optimization Software 60

Optimization Software Inventory Reduction Modeling Supply Chain Optimization 60

o9 Solutions

DECEMBER 17, 2021

There is not a single day without the metals industry making the headlines: from the Guinea coup to price volatility, to the semiconductor crisis impacting the automotive industry and consequently reducing the demand for metal manufacturers. inventory reduction by x%, capacity increase by x%), which can facilitate board approval.

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Modeling Software Optimal Sourcing 52

Supply Chain Trend

NOVEMBER 27, 2016

Mr. Kirkegaard holds a BS in manufacturing / industrial engineering and a Masters Degree in Finance. solutions have been key to assisting dozens of business’s as well as utilized in philanthropic work using supply chain engineering and advanced manufacturing to enhance economic development and USA job creation. The DCRA Inc.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

Arena Solutions

NOVEMBER 4, 2022

And since COVID, I would say getting in and out of countries like China is an ever-increasing issue that I don’t see going away anytime soon with the current policies that they have. This is where good specifications, good records, good documentations, manufacturable designs, all are needed and come into place.

Quality 52

Quality Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 52

Unleashed

JUNE 22, 2023

Manufacturers, wholesalers, and retailers provide customers with a convenient purchasing experience by ‘bundling’ various products together. Holding too much inventory has a detrimental impact on a business’s cash flow, agility, and storage costs. We suggest you read Amazon’s product bundling policies before developing your strategy.

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Strategies Vendor Strategies 52

Kinaxis

FEBRUARY 3, 2015

Having worked many years in the supply chain with the contract manufacturing firms, I find this managed service, sometimes called PaaS (Planning-as-a-Service), extremely intriguing. The contract manufacturer, Celestica, already manages manufacturing and inventory. They are best prepared to do the planning service.

Las Vegas 100

Las Vegas S&OP Supply and Demand San Francisco 100