SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

Inventory Reduction 84

Inventory Reduction Analysis Material Savings Optimal Sourcing 84

E2open

AUGUST 6, 2018

Inventory optimization solutions are a key lever which can enable companies to streamline operations while maintaining service levels and freeing up working capital. To learn more about the unique features and capabilities of E2open’s Inventory Optimization Solution, download this year’s Inventory Optimization Value Matrix.

Supply Chain Optimization 60

Supply Chain Optimization Research Price Mitigation Strategies Inventory 60

Supply Chain Shaman

MARCH 21, 2024

We explore the concept of holistic inventory strategies focused on the form and function of inventory. In the process, we learn that only 15-20% of inventories are safety stock and that the current APS frameworks do not enable a holistic analysis of the form and function of inventory.

Inventory Reduction 406

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 406

EMERGE App

APRIL 5, 2024

The picture of wholesale distribution industry in 2024 The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 That was perfect news for those who are still running a wholesale, distribution, or trading business today. Firstly, prioritize analyzing warehouse operations thoroughly.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

SYSPRO Smarter ERP

OCTOBER 4, 2021

A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. For the manufacturing and distribution CEO the challenge is not only getting back to pre-pandemic operations, but crafting businesses that emerge more resilient than before.

Manufacturing Procurement 119

Manufacturing Procurement Distribution Sourcing Strategies Manufacturing 119

ToolsGroup

MAY 17, 2016

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost. Here’s why.

Optimization Software 180

Optimization Software Omnichannel Inventory Reduction Supply Chain Optimization 180

Supply Chain Matters

SEPTEMBER 26, 2023

Supply Chain Matters highlights reports of distribution challenges of updated Covid-19 booster vaccines amid a surge in vaccination needs across the country. Production sourcing and distribution is predicated on the needs of drug companies and insurance providers. Across the U.S. , All rights reserved. The post U.S.

Distribution 52

Distribution Pharmaceutical Supply Chain Design Software Supply Chain Design 52

Supply Chain Shaman

NOVEMBER 9, 2023

” When I asked the question, I got an answer from LinkedIn that the research focused on digital maturity with SAP. The research is generated by SAP. Use of optimization to consume planned orders into manufacturing scheduling and distribution requirements planning (including inventory optimization of safety stock).

Optimal Sourcing 354

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 354

BlueYonder

JANUARY 5, 2023

We are very excited to announce that Blue Yonder has been recognized for the first time as a Representative Vendor in the latest Gartner ® Market Guide for Retail Distributed Order Management Systems. Inaccurate inventory availability, delayed shipments, and incomplete or cancelled orders can drive customers to the competition.

Gartner 77

Gartner Supply Chain Design Software Supply Chain Network Software Modeling Software 77

Unleashed

OCTOBER 27, 2021

Here we give you our top 10 wholesale distribution trends for 2022 and beyond. Direct-to-consumer selling cuts out wholesalers In 2022 wholesalers are increasingly at risk of coming into competition with their own customers, as manufacturers look to sell directly to their consumers – skipping the traditional distribution model.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

ToolsGroup

NOVEMBER 13, 2023

By combining real-time planning and execution capabilities with AI, we are furthering our vision to help organizations navigate the supply chain with the ability to sense and respond to changes in customers’ needs in real-time and automate the optimal distribution of inventory.” Bulgari, and Clas Ohlson.

Forecasting 156

Forecasting ToolsGroup Forecasting Software Supply Chain Planning Software 156

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. Inquiring about their compliance and security measures.

Negotiating Skills 78

Negotiating Skills Material Savings 3PL Cost Reduction Strategies 78

Unleashed

DECEMBER 14, 2021

A wholesale food distributor acts as a middleman between food and beverage manufacturers and operators, supporting the end-user by streamlining product distribution. What role do wholesalers play in the food distribution network?? Wholesale food distribution is quite a different proposition from retail.

Food 98

Food Purchasing Skills Distribution Price Reduction 98

Unleashed

OCTOBER 8, 2023

Accurate inventory accounting requires accurate data. Opening inventory, correctly calculated, is an essential figure for determining the costs and profitability of your business. It can be used to calculate the cost of goods sold and other useful inventory reports. What is opening inventory?

Inventory Reduction 52

Inventory Reduction Inventory Procurement Analytics How To 52

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

ToolsGroup

MAY 16, 2023

Featuring over fifty Gartner experts and more than 140 research-driven sessions, this year’s conference gathered over 3,700 supply chain professionals from across North America and beyond. It enables the inventory optimization necessary for lowering inventory while elevating the customer experience. We have made it simple.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

GlobalTranz

JULY 26, 2016

Part of this drive toward more interest in analytics in distribution and manufacturing comes from the ability of analytics to reduce inefficiencies dramatically and increase productivity in both physical and virtual sales environments. How Are Analytics in Distribution and Manufacturing Being Used?

Analytics Software 120

Analytics Software Predictive Analytics Analytics Distribution 120

SYSPRO Smarter ERP

DECEMBER 15, 2021

regional research into manufacturing and distribution companies during the Covid-19 period to date. Government assisted by reducing tax and other structural reforms, but the research showed regarding actual direct support, that: 51% received no direct funding. Funding – help is at hand – or is it? Supply Chain effect.

Manufacturing Procurement 104

Manufacturing Procurement Kenya Distribution Supply Chain Planning Software 104

GlobalTranz

AUGUST 23, 2016

Distribution companies are going to have some of the biggest impacts from mobile commerce. According to Clean Link , avoiding necessary updates within a given distribution system may result in information bottlenecks and lead to problems for the end-user. Inventory Management Is More Data-Based. Responsive Web Design Is a Must.

Supply Chain Design Software 120

Supply Chain Design Software Distribution Inventory Management Software Supply Chain Network Software 120

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

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

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

Logistics Viewpoints

DECEMBER 11, 2023

I’ve completed research on supply chain planning (SCP) boutiques. The company’s list of clients includes a wealth of household retail brands, 3PLs, and distribution companies. My colleague Clint Reiser has completed a study on warehouse management system (WMS) boutiques. What is a boutique?

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 243

NC State SCRC

JUNE 26, 2023

” My interest in this area led me to conduct some benchmarking research from professionals who are experienced in the acquisition and implementation of warehouse management systems. At many companies, the ERP system was an “SAP” system, and is where the WMS system obtained the orders and inventory.

Supply Chain Design Software 52

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

Logility

APRIL 27, 2015

This mentality is giving way to a more analytical approach, a granular view of inventory across the supply chain. Although the buyer may commit to a certain volume of product from the supplier, this does not mean they actually have to take possession of that inventory. It costs a lot of money to ship, store and reship merchandise.

Research 102

Research Supply Chain Planning Software Inventory Reduction Modeling Software 102

Logistics Viewpoints

JUNE 16, 2022

According to a survey by Gatepoint Research, 40% of retailers are focusing on this as one of their 2022 priorities. Step One: Right Inventory in the Right Location. To provide this service, inventory must be close to the customer therefore stores are fast becoming a key part of the digital experience.

Forecasting 278

Forecasting Inventory Reduction Retail Survey 278

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

Supply Chain Game Changer

JANUARY 11, 2021

Route planning is essential for logistics and distribution companies as it allows them to provide a more efficient delivery service. In order to ascertain the optimum route for multiple deliveries, many logistics and distribution companies use the latest in route planning software. Many of these are due to the rise in demand.

Supply Chain Planning Software 65

Supply Chain Planning Software Logistics Network Optimization Software Distribution Supply Chain Planning 65

Supply Chain Game Changer

DECEMBER 9, 2020

The list is long: Inventory management is handled through your ERP Your product development team works through the PML Sales and marketing are housed in the CRM And it feels like half the company is still managing product data in spreadsheets. Inventory management starts with the fundamental in and out of your supply chain.

Inventory Management Software 98

Inventory Management Software Inventory Management Optimal Sourcing Inventory Reduction 98

New Horizon Supply Chain Blog

MAY 25, 2022

It was intriguing to read last month that The Kroger Company, the nation’s largest supermarket chain, with nearly $138 Billion in revenues, has launched a foodservice distribution business. Source: Data from USDA Economic Research Service Food Expenditure Series. Are There Synergies Between Retail and Foodservice Distribution?

Distribution 52

Distribution Supply Chain Planning Software Fort Worth Supply and Demand 52

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. According to research by the boom! The failure was in supply chain orchestration – connecting planning to execution.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

RFgen

JULY 1, 2022

Cycle counting is an essential best practice inventory control in the warehouse. If you handle inventory, then you’re familiar with counting items. Meanwhile, wrong count levels hold back your entire inventory operation. Physical inventory counting vs cycle counting. Manual cycle counts do little to help.

Inventory Reduction 52

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

Supply Chain Movement

MAY 9, 2023

The Dutch province of North Brabant recently decided to temporarily suspend the construction of new large-scale distribution centres in most of its locations, and dozens of counties have imposed similar moratoriums in the USA. Inventories increased sharply worldwide between 2010 and 2019.

Logistics 78

Logistics Supply Chain Design Cargo Netherlands 78

Logistics Viewpoints

AUGUST 7, 2023

The Cardinal Health Supply Chain Cardinal Health’s medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products. The medical segment’s supply chain consists of 61 North American distribution centers and 27 global manufacturing plants. This was a bold and risky move. Count them!

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175