ToolsGroup

FEBRUARY 10, 2022

Demand shaping is a supply chain strategy that utilizes tactics such as price and promotion incentives, product substitutions and cost modifications to entice customers to purchase specific items. Lower prices to increase demand. Change availability by increasing or decreasing distribution. The answer is, both yes and no.

Inventory Reduction 156

Inventory Reduction Modeling Price Reduction Waste Reduction 156

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. This chemical manufacturer is converting its entire distribution system to containers. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Subscribe Here!

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Logility

JULY 13, 2023

3PL Selection—don’t let your people be penny wise and pound foolish Are you looking at the big picture when you select a 3PL — do they fit with your supply chain strategy? Supply chain organizations often find themselves comparing price differences of 1–2% in service offerings, and they are missing the opportunity to save 5–15% in real costs.

Price Reduction 130

Price Reduction Cost Reduction Strategies Supply Chain Strategy 3PL 130

ShipBob

JANUARY 15, 2024

Financially, it can lead to significant losses as businesses are forced to sell stock at discounted prices, or worse, write off unsold inventory as a loss. In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. The result?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

ToolsGroup

OCTOBER 14, 2024

At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supply chain resiliency and efficiency. The company operates with about 200 suppliers globally, four production sites, and 12 distribution centers, requiring precise coordination and flexibility to meet market demands and maintain high service levels.

Modeling 156

Modeling Supply Chain Planning Software Inventory Reduction Supply Chain Optimization 156

ThroughPut

OCTOBER 10, 2024

As businesses globally focus on reducing lost productivity, costly downtime, and rising inventory expenses, effective spare parts management has become a top priority—especially for asset-intensive industries. This balance ensures that spare parts are always available for critical needs while reducing unnecessary inventory costs.

Inventory Reduction 52

Inventory Reduction Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 52

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

Supply Chain Game Changer

JULY 7, 2021

You Need A Blue Ocean Strategy! Amazon Supply Chain strategies article and permission to publish here provided by Jae Jun. Amazon Supply Chain Strategies. Automation is just one of the many Amazon Supply Chain strategies. The post Amazon Supply Chain Strategies! Subscribe Here! Email Address. Get Our EBOOK HERE.

Inventory Reduction 100

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 100

Enterra Insights

JUNE 10, 2020

” Cecere’s remarks beg the question: What should your company’s supply chain strategy be going forward? With tightening budgets and a need to stay connected using technology, it is more important than ever for transportation and logistics companies to have an effective mobility strategy in place.”[2] ”[3].

Sourcing Strategies 130

Sourcing Strategies Price Reduction Resource Reduction Cost Reduction Strategies 130

Supply Chain Game Changer

MARCH 17, 2022

Content Marketing Strategy – The Decisive Guide! As the technologies develop, the means for promoting logistics services with a digital marketing strategy has also changed. Companies that operate in the industry of logistics also have to keep up with the times and adjust the marketing strategy accordingly. Email marketing.

Price Reduction 116

Price Reduction Resource Reduction Logistics Network Optimization Software Supply Chain Strategy 116

ModusLink Corporation

MARCH 8, 2023

That includes packaging and distribution resources. It’s your role to figure out to reoptimize efforts and reduce costs. That’s a basic premise in any supply chain optimization strategy. Despite declines in the shipping industry, rates are still higher than average, putting new pressure on packaging and distribution strategies.

Material Savings 78

Material Savings Optimal Sourcing Packaging Resource Reduction 78

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

DELMIA Quintiq

JULY 31, 2023

The food and beverage (F&B) industry has always been highly responsive to changes in consumer behavior, but rising food prices have brought about new challenges—pushing manufacturers to search for new ways to adapt and remain competitive in a rapidly changing market. What is an example of sustainable food?

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156

Freightos

JULY 8, 2024

By reducing the burden of repetitive tasks through AI, skilled workers can concentrate on customer engagement and solving critical issues, thereby enhancing client relationships and retention. “We For Solvo.ai, the dynamic nature of pricing freight presents its own distinct set of opportunities. That is a huge win.”, says Vivek.

Freight 238

Freight Price Reduction Industry Industrial 238

Logility

AUGUST 31, 2023

From where they shop and how frequently they buy to what price points entice them, consumer behaviors have been challenging to predict over the past year. The company uplifted distributes products to stores based on customer demand forecasts, raising service level improvements to 97% and reducing finished goods inventory by 13%.

Consumer Goods 183

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 183

Supply Chain Shaman

AUGUST 11, 2016

About twice a month, companies ask me to review their strategy documents. Frequently, I see the goal of “build a customer-centric strategy” or define an “end-to-end vision to deliver on the customer promise.” It requires a careful execution of strategy and the connection of strategy to execution.” I am proud of Clorox.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Enchange Supply Chain Consultancy

JUNE 19, 2024

The assessment phase is crucial for evaluating the potential distributors and their suitability for your market entry strategy. Segment the market to tailor strategies for different customer groups. Consider transportation, warehousing, and distribution challenges. Plan strategies to mitigate these challenges.

Negotiating Skills 190

Negotiating Skills Supply Chain Planning Software Resource Reduction Analytics Software 190

Freightos

JULY 8, 2024

By reducing the burden of repetitive tasks through AI, skilled workers can concentrate on customer engagement and solving critical issues, thereby enhancing client relationships and retention. “We For Solvo.ai, the dynamic nature of pricing freight presents its own distinct set of opportunities. That is a huge win.”, says Vivek.

Freight 226

Freight Price Reduction Industry Industrial 226

Oracle SCM

JULY 12, 2017

The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. They prioritized projects that reduced inventory and logistics expenses.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. To overcome all these inventory management risks, you need a toolbox of effective inventory replenishment strategies. 5 Inventory Replenishment Strategies to Increase Profits. With this insight you can re-distribute items across your business.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 75

Unleashed

OCTOBER 4, 2023

Shipping specifically refers to the transportation of goods from one location to another ­– typically from the seller’s distribution centre or warehouse to the buyer’s address. Reduced operating costs: Effective order fulfilment can minimise costs associated with processes like inventory management, packing, and shipping.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

SCMDOJO

JUNE 27, 2024

Given the complex and expansive nature of the oil supply chain—stretching from remote extraction sites to global markets—optimizing operations can lead to significant enhancements in performance and cost reductions. Distribution : Transporting oil products to various markets. How Does Automation Enhance Production and Distribution?

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Inventory Reduction 98

BlueYonder

JANUARY 22, 2024

Recently, Blue Yonder released the findings of its survey of wholesale distribution executives 1 , which focused on their order management challenges, goals and forward-looking plans. Why did we conduct this study? Because we strongly believe that wholesale distributors are at a crossroads. An inability to make accurate, real-time promises.

Distribution 99

Distribution Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 99

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. Some examples of how to meet customer demand and stay agile include: Storing inventory in several distribution centers. Reduce supply chain costs.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. The focus is on channel data: price; inventory positions; and policies. Order Policy.

Material Savings 191

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 191

ToolsGroup

MAY 11, 2021

However, few fully integrate their SCP strategies into their strategic planning. Marketing Plan: documents your strategy for attracting and retaining customers and developing new products and services. Likewise, by limiting or eliminating out-of-stock inventories, SCP allows companies to maximize sales. Customer Analysis.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Planning Supply Chain Optimization Modeling 296

ToolsGroup

MARCH 28, 2024

Marcello Pace commented, “We urgently needed a strategy to maximize margin and sell-through rates. About Scarpe&Scarpe From the 1960s to today, from retail to specialized distribution, the Scarpe&Scarpe brand has been the protagonist of great changes while remaining faithful to its mission.

Italy 156

Italy ToolsGroup Inventory Reduction Price Reduction 156

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting. Don’t worry.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Enterra Insights

JUNE 27, 2022

1] This means today’s grocery food price hikes are the highest in 42 Years. y/y increase from a range of 5%-6%, according to the May Food Price Outlook report, the highest forecast for all food prices and restaurant prices since 1981, and the highest grocery store price boosts since 1980. .”

Price Reduction 130

Price Reduction Purchasing Skills Manufacturing Procurement Food 130

Veridian Solutions

JUNE 17, 2019

Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. In addition, it solves critical challenges in last-mile strategies, reduces costs associated with inventory management , and more. Challenges of Today’s Last-Mile Strategies. Shippers reduce necessary warehouse space.

Cost Reduction Strategies 60

Cost Reduction Strategies Price Reduction Vendor Strategies Expense Reduction 60

SCMDOJO

AUGUST 16, 2023

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. Among these strategies, the role of supply chain capability stands out as a key factor in driving success.

Inventory Reduction 98

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 98

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 Journey album “ Any Way You Want It ” made me think about the current strategy of wholesale distributors and the desire to provide whatever a customer wants whenever they want it.

Inventory Reduction 124

Inventory Reduction Distribution Price Reduction Resource Reduction 124

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. By streamlining processes, reducing costs, and improving customer satisfaction, companies can achieve higher profitability and sustainability.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 98

Freightos

JULY 8, 2024

By reducing the burden of repetitive tasks through AI, skilled workers can concentrate on customer engagement and solving critical issues, thereby enhancing client relationships and retention. “We For Solvo.ai, the dynamic nature of pricing freight presents its own distinct set of opportunities. That is a huge win.”, says Vivek.

Price Reduction 156

Price Reduction Freight Logistics Network Optimization Software Industry 156

DELMIA Quintiq

MAY 17, 2018

After a half-decade of plummeting prices, the oil & gas industry can breathe easy once again as prices begin to rise. While the pressure to drastically reduce costs has eased, the need for cost discipline should not be cast aside. How much of a problem is suboptimal distribution planning for oil & gas companies?

Distribution 153

Distribution Optimization Software Supply Chain Planning Software Supply Chain Optimization 153

Supply Chain Game Changer

JULY 28, 2020

It sounds beneficial on the surface but is it a realistic long term strategy? Every source of materials and components, every manufacturing facility, every warehouse and distribution channel, and every logistics mechanism is duplicated. It reduces risk and preserves a greater chance of ongoing continuity of supply.

Material Savings 100

Material Savings Expense Reduction Resource Reduction Inventory Reduction 100

ToolsGroup

NOVEMBER 23, 2021

7 practical strategies to minimize risk and manage supply chain shortages. The following strategies, based on data, analytics, and collaboration, are helping planners around the globe overcome a disrupted supply chain. Download our ebook for practical guidance: 8 Winning Strategies for Managing Supply Shortages.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291