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. How to prevent excess stock piling up in the warehouse.

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

Arkieva

NOVEMBER 2, 2016

If you are a warehouse manager, you would know that handling warehouse operations is not an easy task. It is important to constantly implement ways to optimize the processes and improve the operational effectiveness of the warehouse. Here are 10 effective warehouse productivity tips to help you reduce downtime right away.

Vendor Strategies 60

Vendor Strategies Inventory Reduction Waste Reduction Material Savings 60

EazyStock

JUNE 16, 2022

This could include working out shorter warehouse picking routes, predicting upcoming faults in warehouse automation machinery to prevent breakdowns, or tracking packages across their entire supply chain journey to optimize the route. Intelligent, autonomous warehouse technology is already positively impacting warehouses worldwide.

Modeling 52

Modeling Supply Chain Software Forecasting Software Supply Chain Optimization 52

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

ThroughPut

APRIL 30, 2024

ThroughPut AI: For Making Intelligent Decisions Across the Supply Chain Watch On-demand Demo ThroughPut AI has been recognized as a Leading Vendor in the prestigious 2023 Gartner Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Enterra Insights

NOVEMBER 6, 2018

Distributed Warehousing. ” By that, he means, you have to locate warehouses closer to customers. Kevin O’Marah ( @komarah ), Chief Content Officer at SCM World, notes the increase in distributed warehousing will have implications for “network topology, job design and materials management. ”[3].

Supply Chain Design Software 100

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

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

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

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

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

Supply Chain Trend

NOVEMBER 27, 2016

Many just get into a routine of constantly increasing precision of what they can control and understand ( IFRS / GAAP accounting and ERP systems that enforce these rules) but in miss accurate measurement of flow of production / inventories. Disjoint plans and plans built on non synchronized data leads to more inventory and unhappy customers.

S&OP 60

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

Claritum

JULY 31, 2018

Is there a need to link into their systems relating to inventory/Warehousing or catalogues for example? The competitive process typically includes evaluation against a group of relevant criteria.Most organisations have an approved suppliers list, with a policy that a supplier must be on this list for an employee to make a purchase.

Supplier Management 42

Supplier Management Procurement Analytics Procurement Solutions Optimal Sourcing 42

Unleashed

JUNE 22, 2023

Holding too much inventory has a detrimental impact on a business’s cash flow, agility, and storage costs. Read more: Why Too Much Inventory is Bad for Your Business Product bundles are an effective strategy for clearing old stock from your warehouse. The individual picking, packing, and shipping costs are combined.

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Strategies Vendor Strategies 52