Kanban Logistics

NOVEMBER 30, 2022

When evaluating the 3PL provider in charge of your pharmaceutical distribution warehouse, safety is the name of the game. Key pharmaceutical distribution warehouse questions to ask a 3PL. Most 3PLs will use their warehouse management systems (WMS) to segregate products within the pharmaceutical distribution warehouse.

Pharmaceutical 98

Pharmaceutical Warehousing Distribution 3PL 98

Demand Solutions

MARCH 11, 2015

And that leads me to the point of this article: your company needs a clearly defined stocking policy that guides decisions like these. The typical company stocking policy goes something like this: “One of our favorite customers said they would continue buying this product if we keep it in stock.”. Extra inventory.

Policies 100

Policies Inventory Reduction Supply Chain Planning Software Forecasting Software 100

Vecco International

FEBRUARY 4, 2024

Vecco International announces the rollout of a game-changing supply chain Planning & Inventory Management (PIM) product for “smaller” manufacturing, distribution, and construction businesses (SMBs).

Inventory Management Software 40

Inventory Management Software Supply Chain Planning Software Inventory Management Supply Chain Planning 40

Logility

AUGUST 31, 2021

However, inventory optimization for beverage brands can help these organizations overcome such challenges with greater ease and speed. This basic replenishment tactic does not provide the accuracy and visibility needed to drive greater efficiency, ensure a right-sized inventory, improve customer service, and expand product sales.

Modeling 130

Modeling Beverage Inventory Reduction Supply Chain Optimization 130

SYSPRO Smarter ERP

OCTOBER 4, 2021

The pandemic pushed manufacturers and distributors to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 119

Manufacturing Procurement Distribution Sourcing Strategies Manufacturing 119

Kinaxis

AUGUST 18, 2017

by Alexa Cheater Don’t get caught having your company’s inventory management conversation alone! Re-evaluating your inventory management practices can help you overcome rising supply chain costs, increasing customer demand and the growing complexity of global operations. It can also help raise profits and reduce risk.

Inventory Management 147

Inventory Management Inventory Reduction Inventory Company 147

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. What is inventory tracking? It helps to reduce inventory shrinkage and loss.

Inventory Management Software 52

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

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase. Knowing the importance of managing the return of merchandise, let’s look at the goals and benefits of a customer-centric return policy.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Logility

OCTOBER 16, 2018

Recently, I was listening to Journey, another of my favorite groups, while reading about the current state of the Wholesale Distribution Industry. The wholesale distribution industry in the US alone includes about 420,000 establishments with combined annual sales of more than $8 trillion. I’m sure you’ve experienced this too!

Inventory Reduction 124

Inventory Reduction Distribution Price Reduction Resource Reduction 124

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

ModusLink Corporation

FEBRUARY 8, 2023

Fulfillment Free trade zones, or FTZs, are controlled places in a country that offer warehouse and distribution services for goods from foreign markets, excluding them from paying taxes on those goods. Managing a free trade zone can impact warehouse and distribution operations. appeared first on ModusLink.

Negotiating Skills 78

Negotiating Skills Material Savings 3PL Cost Reduction Strategies 78

Vecco International

MARCH 31, 2024

Vecco International provides a game changing supply chain Planning & Inventory Management (PIM) product for “smaller” manufacturing, distribution, and construction businesses (SMBs). Inventory is often the largest asset on a company’s balance sheet and is a major driver of cash flow.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Management Software Forecasting Software Supply Chain Planning 40

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain. The reason?

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

ToolsGroup

NOVEMBER 10, 2015

Inventory configuration is usually the predominant issue in most manufacturing environments. Inventory policy is usually the predominant issue in most distribution environments. Here are five types of inventory optimization that you should be aware of if you are considering an optimization solution.

Modeling 120

Modeling Inventory Reduction Network Optimization Price Mitigation Strategies 120

Demand Solutions

OCTOBER 7, 2016

We’ve already covered a lot of ground on the topic of inventory reduction. What does it take for your company to stock an item in one of your distribution centers? If you don’t believe me, take a look at an excess inventory report sometime. Why Multiple Stocking Locations Cause Inventory Bloat. ”

Inventory Reduction 162

Inventory Reduction Inventory Forecasting Policies 162

Logistics Viewpoints

OCTOBER 30, 2023

Executives must have the fortitude to make changes in the operating policies and the network infrastructure that may affect the lives of employees. Network design solutions are absolutely necessary to uncover business value when the production-distribution infrastructure is large. The larger the supply chain, the bigger the payout.

Vendor Strategies 230

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 230

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Modeling 98

Modeling Optimization Software Inventory Reduction Optimization Modeling 98

EazyStock

FEBRUARY 17, 2021

What is Inventory Replenishment? Inventory replenishment is the process of moving stock items along the supply chain to ensure inventory levels are sufficient to cover demand. Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 75

Adexa

OCTOBER 22, 2019

Inventory generates revenue as long as it is moving! Lack of inventory at the right time means loss of revenue and potentially loss of market share. In the absence of a crystal ball there are many ways to increase the speed of moving inventory. Thus, reducing inventory buildup and constantly moving the inventory.

Inventory Reduction 60

Inventory Reduction Cost Reduction Strategies Inventory Forecasting 60

3PL Insights

DECEMBER 13, 2021

Working with a 3PL expert, like Evans Distribution Systems, can help mitigate these issues. Develop a Solid Returns Policy. A clear and concise returns policy alleviates confusion for both the sellers and buyers. The policy should be easily accessible on your e-commerce site and any third-party sites.

Supply Chain Design Software 98

Supply Chain Design Software Inventory Management Software Supply Chain Design Policies 98

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Company 98

BlueYonder

OCTOBER 12, 2017

You may be wondering why the number of raspberry gourmet coffee boxes Kroger has in their inventory at their store in rural Georgia even matters, but it does and here’s why: Inventory management is a critical part of every company’s supply chain and is a large part of the operating costs in all industries.

Modeling 78

Modeling Optimization Software Optimization Modeling Supply Chain Optimization 78

Demand Solutions

OCTOBER 7, 2016

We’ve already covered a lot of ground on the topic of inventory reduction. What does it take for your company to stock an item in one of your distribution centers? If you don’t believe me, take a look at an excess inventory report sometime. Why Multiple Stocking Locations Cause Inventory Bloat. ”

Inventory Reduction 100

Inventory Reduction Inventory Forecasting Policies 100

3PL Insights

FEBRUARY 14, 2023

The flow of finished goods in retail logistics is a multi-step process, encompassing inventory management, order fulfillment and shipping, and returns management. Inventory Management Inventory management is the procurement, storage, and selling of a company’s inventory.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Inventory Management Software Supply Chain Software Retail 92

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. Strategic placement of inventory buffers to ensure sufficient ability to absorb shocks. One off recommendations are made about facility locations (i.e.,

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Talking Logistics

APRIL 16, 2015

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions. Where and in What Form Should Inventory Be Held?

Inventory Reduction 100

Inventory Reduction Material Savings Cost Reduction Strategies Price Mitigation Strategies 100

Logility

APRIL 20, 2017

Unless you happen to be one of the nearly 6 million people employed in the Wholesale Distribution Industry the impact and value of wholesale distribution goes mostly unnoticed by the average consumer. The fact is, the Wholesale Distribution Industry accounts for more than $5.5 trillion in global trade.

Modeling 60

Modeling Distribution Optimization Modeling Supply and Demand 60

Logistics Bureau

JANUARY 11, 2022

Short Term fixes might focus more on policies, like customer service or inventory. And lastly , Longer Term might focus on your actual Supply Chain, Logistics or Distribution network. What will you focus on in 2022 to improve your Supply Chain? Or maybe analysing cost to serve.

Supply Chain 79

Supply Chain Logistics Network Optimization Software Optimal Sourcing Customer Service 79

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Logility

MAY 2, 2012

Any time you want to optimize across an enterprise, whether it is inventory or product flows, you need to represent a logical representation of the supply chain. A few will look at both distribution and storage needs. Network design optimizes the network and uses inventory policy as a constraint.

Network Design Software 100

Network Design Software Network Design Network Optimization Supply Chain Design Software 100

Logility

MAY 2, 2012

Any time you want to optimize across an enterprise, whether it is inventory or product flows, you need to represent a logical representation of the supply chain. A few will look at both distribution and storage needs. Network design optimizes the network and uses inventory policy as a constraint.

Network Design Software 100

Network Design Software Network Design Network Optimization Supply Chain Design Software 100

DELMIA Quintiq

DECEMBER 21, 2020

Quick planning in the assessment of scenarios that analyze all the important impacts within the chain, given the dynamics of new demands and restrictions each day, is possible only with systems that eliminate the need to calculate manually and in an integrated manner these points: How to distribute and supply, with how many resources, to which customers, (..)

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Supply Chain Planning 296

Elementum

OCTOBER 3, 2022

Here are some important strategies you can use: Enhancing Company-Owned Inventory Consistently check your company-owned inventory to ensure that you are only holding or storing the desired quantity–holding excess inventory can be costly in the long run because it will increase the price of the product.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 78

EazyStock

JULY 20, 2020

Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important in today’s digital world – especially as an increasing number of people are working remotely. Here are some ways technology can help you simplify inventory management.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

Kanban Logistics

APRIL 30, 2020

Makers of all types of products turn to third-party logistics (3PL) providers to optimize warehousing and distribution operations in order to meet modern supply chain demands. 10 questions to ask prospective food distribution warehouse providers. Additional food distribution warehouse considerations. Food Safety Plan.

Warehousing 52

Warehousing Food Distribution 3PL 52

My Office Apps

MARCH 18, 2024

Distribution Company Needs Assessment and Pain Point Checklist I. Needs: Improved warehouse layout, barcode scanning technology, integration with WMS for real-time inventory tracking, potential expansion or optimization of warehouse space. The post Needs Assessment for Distribution Company appeared first on My Office Apps.

Inventory Management Software 52

Inventory Management Software Distribution Optimization Software Analytics Software 52

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Many companies buy forward inventory ahead of tariffs being implemented. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Operational strategies. Buying forward.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245