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

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

EazyStock

JULY 13, 2020

In this four-part blog series we look at the impact COVID-19 has had on supply chains and how inventory optimization software can help. In this post we focus on inventory planning and how to optimize stock levels despite erratic customer behavior and supply restrictions. Investing in the Right Inventory.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Forecasting Software Optimization Software 52

Locus

NOVEMBER 28, 2023

Implement Robust Return Policies: Clearly defined and transparent return policies can minimize returns due to buyer’s remorse and can help set clear expectations for the customers. Schedule a Demo The post Navigating Returns: Five Strategies for Shippers to Reduce Return to Origin appeared first on Locus Blog.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

o9 Solutions

FEBRUARY 25, 2020

Analytics Driven Control Tower to Align Supply Chain Policies to Business Strategies and Market Needs. Service Level vs. Inventory Vs. Cost to Serve Analytics. Looking for analytics to align supply chain network policies for optimal service level, cost and inventory tradeoffs? Optimal Network Sourcing Analytics.

Analytics Software 52

Analytics Software Optimal Sourcing Analytics Supply Chain Design Software 52

ThroughPut

JUNE 2, 2020

The purpose of JIT manufacturing is to avoid the waste associated with overproduction, holding stocks and excess inventory, to help manufacturers control the process variability and help increase productivity while lowering costs. This helps them forecast their inventory accurately at any point in time. Lack of inventory buffer.

Just-in-Time 52

Just-in-Time Inventory Reduction Inventory Management Software Waste Reduction 52

ThroughPut

JUNE 2, 2020

The purpose of JIT manufacturing is to avoid the waste associated with overproduction, holding stocks and excess inventory, to help manufacturers control the process variability and help increase productivity while lowering costs. This helps them forecast their inventory accurately at any point in time. Lack of inventory buffer.

Just-in-Time 52

Just-in-Time Inventory Reduction Inventory Management Software Waste Reduction 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

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. In 2022, inflation rates peaked at 9.1%

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Reduction 52

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. Enhanced Compliance Through Better Policies. Sign up for a demo here. Is Successful Procurement Possible Without a Purchasing Manager?

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

o9 Solutions

FEBRUARY 27, 2020

Accurate Inventory visibility across outsourced network. Excess Inventory & Under Utilized Capacity Analysis -> Demand Shaping. Request a demo that will highlight the capabilities that matter to you. Increase productivity, automation and speed in the supply chain planning process. Optimal D/S match algorithms.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

o9 Solutions

FEBRUARY 26, 2020

Real Time Inventory & Supply Visibility. Request a demo that will highlight the capabilities that matter to you. Analytics Driven Control Tower to Align Supply Chain Policies to Business Strategies and Market Needs o9 Solutions February 25, 2020. Respecting allocations and reservations in order fulfillment decisions.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Optimization 52

EazyStock

JUNE 16, 2022

Inventory management and AI. Inventory management teams have the difficult task of calculating healthy stock levels to meet demand without over- or under-stocking. This level of understanding helps make intelligent and informed decisions and reduce inventory and operating costs. Inventory optimization software.

Modeling 52

Modeling Supply Chain Software Forecasting Software Supply Chain Optimization 52

EazyStock

MARCH 9, 2021

ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. ABC inventory analysis is important as it helps managers focus their time on their most valuable/important products and adapt their inventory control policies accordingly.

Inventory Management Software 83

Inventory Management Software Analysis Inventory Management Inventory 83

Procurement Academy

OCTOBER 18, 2023

After all, these training programs provide a range of benefits, spanning from specific role-focused activities like inventory control, supply, and demand planning, or project management, to giving employees the tools they need to drive their creativity and productivity, thus significantly contributing to business success.

Negotiating Skills 52

Negotiating Skills Buyer Training Supply Chain Performance Pricing Training 52

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

Unleashed

MAY 18, 2023

Consignment inventory is stock that is stored with the purchasing company (the consignee) rather than the selling company (the consignor). As you might imagine, this two-way relationship can lead to complications in consignment inventory accounting. What is consignment inventory? Any unsold items are returned to the consignor.

Journal 52

Journal Inventory Procurement Analytics Purchasing Skills 52

EazyStock

MAY 11, 2021

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC classification (otherwise known as ABC analysis ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Inventory Reduction 52

Inventory Reduction Inventory How To Modeling 52

Exiger Perspectives

APRIL 3, 2023

Tactical: Establish internal, third-party, and supply chain transparency by gaining insights into spending, product demand, dependencies, business unit provider engagement, availability, resources, product supply and inventory. Program: Carve out standards, document third-party and supply chain monitoring, and refresh policies and procedures.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Arkieva

NOVEMBER 2, 2016

Arrange your inventory based on how often you need to use it. By adopting software solutions for automating identification, you can decrease the time taken to identify various relevant types of equipment, elevate inventory accuracy and increase overall productivity. Request a Demo of The Arkieva Supply Chain Software Suite.

Vendor Strategies 60

Vendor Strategies Inventory Reduction Waste Reduction Material Savings 60

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Management Software Inventory Management Inventory Reduction 51

Arkieva

SEPTEMBER 1, 2016

Supply chain software solutions look to bridge the disparity between supply and demand by helping businesses better forecast, manage inventory and improve overall service productivity. Without the proper IT governance and company policy in place, your data may not be as safe as you think in your establishment. Request a Demo of.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Forecasting Software Demand Planning Software 62

BlueYonder

AUGUST 17, 2023

What’s the real cost of inaccurate inventory management? IHL Services, a global research and advisory firm, estimates that inventory distortion — the combined cost of lost sales from out-of-stocks, along with the deep discounts required to sell overstocks — will drive a $1.77 trillion problem of inventory distortion.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Optimal Sourcing Purchasing Skills 52

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 40

Analysis Inventory Management Software Inventory Management Inventory Reduction 40

Enterra Insights

NOVEMBER 6, 2018

The staff notes, “As a result of the expansion of its direct-to-consumer business, Nike is moving away from aggregating inventory in one central warehouse in Memphis, Tennessee, to putting product in facilities closer to the customer.” .” By that, he means, you have to locate warehouses closer to customers.

Supply Chain Design Software 100

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

Saleswarp

JUNE 7, 2023

Provide flexible shipping and return options : Shipping and return policies are important considerations for online shoppers. Having a hassle-free and transparent return policy can also build customer trust in making online purchases. Did you know that high shipping costs are the #1 reason for cart abandonment? The result?

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Retail Eliminating Excel in Purchasing 52

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

Herlitz Inventory Management

NOVEMBER 2, 2021

They wanted to be able to front-load the promotion, (see Spread Policy). Because of the Medium front-load Spread policy, you see that the first order, to be placed on 9/27, represents 25% or 432 cases (see top of figure 2 below). Lastly, some buyers wanted an even spread, or non-weighted spread, thus ignoring seasonality.

Policies 52

Policies Vendor Strategies Just-in-Time Supply and Demand 52

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

TrackVia

MAY 4, 2023

Data Security It’s important to stay informed about your organization’s data protection policies and any industry-specific regulations. Get started today by signing up for a TrackVia Demo.

Resource Reduction 97

Resource Reduction Inventory Management Software Supply Chain Network Software Optimization Software 97

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

NOVEMBER 20, 2023

" Kathy Cervino, Accounting Consultant at Opna Bio SA The company decided to book a demo with Precoro to gain firsthand insight into its functionality. The system also enables users to efficiently track inventory levels and monitor expenses. They largely attribute the success to “excellent customer service and ease of use.”

Procurement Solutions 52

Procurement Solutions Procurement Analytics Biotech Optimal Sourcing 52

ThroughPut

MAY 11, 2021

SKU management essentially helps you keep track of your inventory. Without proper SKU management, it is difficult for retailers to detect cyclical sales cycles, determine best and worst products, identify outdated items, or manage inventory turnover. Inventory optimization. Product mix optimization. Optimal distribution.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

ThroughPut

MAY 11, 2021

SKU management essentially helps you keep track of your inventory. Without proper SKU management, it is difficult for retailers to detect cyclical sales cycles, determine best and worst products, identify outdated items, or manage inventory turnover. Inventory optimization. Product mix optimization. Optimal distribution.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

ThroughPut

MAY 11, 2021

SKU management essentially helps you keep track of your inventory. Without proper SKU management, it is difficult for retailers to detect cyclical sales cycles, determine best and worst products, identify outdated items, or manage inventory turnover. Inventory optimization . Product mix optimization . Optimal distribution .

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52