OptiProERP

SEPTEMBER 21, 2023

Inventory forecasting, or demand forecasting, estimates future inventory levels needed using past data, upcoming events, and market trends. Inventory forecasting ensures manufacturers have the proper inventory to meet customers’ needs while minimizing excess inventory costs.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 52

Kanban Logistics

NOVEMBER 19, 2020

And perhaps no element of the supply chain is more integral to the safety of pharmaceutical products than the warehouse. In this article, we’ll look at the ins and outs of pharmaceutical warehousing and tell you what you should look for in a third-party logistics (3PL) provider before entrusting your goods to its warehouse.

Pharmaceutical 52

Pharmaceutical Warehousing Supply Chain Design Software Supply Chain Design 52

ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

GlobalTranz

AUGUST 11, 2017

There are diverse types of inventory management technology and systems, designed to properly sort, control and act upon information with a company’s inventory. As explained by Kenneth Hamlett of the Houston Chronicle , the two dominant types of inventory management technologies include manual and automated systems.

Inventory Management Software 153

Inventory Management Software Supply Chain Design Software Inventory Management Supply Chain Software 153

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. It gives you the accurate data you need to make the best decisions for your brand, and positions you to meet customer expectations while reducing the cost of doing business. What is inventory tracking?

Inventory Management Software 52

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

Vinculum

AUGUST 16, 2021

A robust warehouse management system keeps you on top of handling, storing, and processing goods. If you want more profits, handling your logistics won’t fully meet your objectives, especially if they are not within your sight; it tricks a lot of investment. The Benefits of 3PL Warehouse Management for Enterprises.

Warehousing 52

Warehousing 3PL Third Party Logistics Logistics Network Optimization Software 52

Procurement Academy

AUGUST 10, 2021

What defines this approach is “flexibility” to right-size inventory, fitting the demands of the market in a specified time, enhancing the logistics service processes, and increasing the elasticity of the logistics process to respond to market instabilities profitably. Benefits of Elastic Logistics and warehousing.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Supply Chain Software 64

EMERGE App

DECEMBER 25, 2023

These challenges encompass Purchasing, Production Planning, Sales-Distribution, Inventory Management, Warehousing Management, Human Resource Management (HRM), and Finance. The importance of Inventory management in business Inventory management holds immense importance in business operations.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Procurement Solutions Inventory Management 52

Vinculum

SEPTEMBER 13, 2021

Today, meeting customer expectations and satisfaction is no longer cutting to the chase. What is Warehouse Management? Warehouse management is unarguably at the core of these business operations. Without a robust warehouse management mechanism, robust order fulfillment, customer service, etc. won’t be attained.

Inventory Management Software 52

Inventory Management Software Optimization Software Predictive Analytics Software Forecasting Software 52

AB&R

AUGUST 16, 2023

Better Chemical Inventory and Asset Management By AB&R Efficient Inventory and Asset Management for the Chemical Industry The chemical industry produces many innovative and crucial products for different industries and markets, but inventory and asset tracking processes within the chemical business are still very old-school.

Asset Management 52

Asset Management Chemicals Supply Chain Design Software Inventory Management Software 52

Logistics Viewpoints

APRIL 26, 2023

I kicked off a research project on the global warehouse management systems (WMS) integration and consulting market. The research is focused on those organizations that are WMS specialists – meaning that warehouse consulting is a major part of the organization’s business. He provided me with some great context for my research.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Network Software 246

EMERGE App

DECEMBER 25, 2023

These challenges encompass Purchasing, Production Planning, sales distribution, Inventory Management , Warehousing Management , Human Resource Management (HRM), and Finance. The importance of Inventory management in business Inventory management holds immense importance in business operations.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Procurement Solutions Supply Chain Design Software 52

Precoro

MAY 19, 2023

Timely reactions help companies stay on top of their customers’ needs and meet their demands, ultimately leading to higher revenue. Inventory is one of the most important assets of any company, as it’s the basis for generating revenue. It’s a ratio of the cost of goods sold divided by the average inventory.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. These functions include procurement, production planning, inventory management, logistics, and customer service. Coordinate with various departments to meet production and delivery targets.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

6 River Systems

APRIL 23, 2019

As warehouses embrace technology to optimize the supply chain and reduce fulfillment costs , many companies are considering making the move to an automated warehouse. That said, there are many factors to consider when moving to an automated warehouse. ” Meet Our Panel of Warehouse Pros: Alexandra Zelenko.

Warehousing 97

Warehousing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 97

ShipBob

APRIL 18, 2024

Supply chain efficiency: Structuring shipments to meet de minimis criteria can streamline the customs clearance process, reduce costs, and improve delivery times. Documentation: Maintain thorough documentation for all shipments, including invoices and proof of payment, to substantiate the declared value if questioned by customs authorities.

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 98

Logistics Viewpoints

JANUARY 11, 2023

Unlike some of the other trends articles we have covered at Logistics Viewpoints, which take a deeper dive into technology and application specific trends, this article looked at the top trends executives need to be paying attention to before their strategic planning meetings commence. Looking back, I estimated the market in 2013 at $6.4

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

ShipBob

SEPTEMBER 10, 2021

Looking to manage a warehouse? How will I ensure security of my inventory? Without inventory, you can’t make a sale. And without your staff, you can’t meet customer expectations. Warehouse inspections are a major component of warehouse management best practices. What are warehouse inspections?

Warehousing 52

Warehousing Supply Chain Design Software Inventory Management Software Inventory Reduction 52

EazyStock

JUNE 23, 2022

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! It could be open-ended feedback, images, video, audio, or general business documents.

Inventory Management Software 52

Inventory Management Software Big Data Inventory Management Inventory Reduction 52

SCMDOJO

APRIL 11, 2023

Pros: Utilizes a hands-on approach with simulated problem-solving and team collaboration Offers a self-assessment document to assess your own S&OP process Keep track of how well you’re doing while you complete the learning goals. The information is presented in a simple and understandable way.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

ShipBob

MARCH 28, 2024

Ecommerce businesses that import products internationally are typically concerned with two things: The speed at which the products will arrive at their warehouse The impact on their cash flow The journey of a large shipment from China to the US doesn’t simply leave a warehouse and arrive at your business’s doorstep.

Inventory Reduction 52

Inventory Reduction Supply Chain Design Software Inventory Management Software Cost Reduction Strategies 52

GlobalTranz

NOVEMBER 30, 2018

Using a WMS in reverse logistics can help meet this rise in demand and increase customer satisfaction. Warehouse Managers Underestimate the Importance and Demand of Reverse Logistics Brick-and-mortar sales are associated with an 8.9-percent Submissions for credits will require documentation to prove legitimate reasons for returns.

Reverse Logistics 184

Reverse Logistics Logistics Network Optimization Software Logistics Vendor Strategies 184

RFgen

MAY 18, 2023

The Age of Digital Inventory Management Welcome to the era of the digital revolution. Inventory management is no exception. Long gone are the days when managing inventory was a paper-heavy process. Today, it’s all about digital inventory control. Let’s dig in and find out. The list goes on.

Inventory Management Software 52

Inventory Management Software Optimal Sourcing Optimization Software Forecasting Software 52

crisp

MARCH 20, 2024

Look beyond trucks and warehouses – EDI capabilities are critical to ensure smooth operations and happy retail partners. They train warehouse teams using augmented reality. A 3PL may have the warehouse capacity to accommodate surges, but can their EDI processes keep pace? Choosing a 3PL for your CPG?

3PL 52

3PL Supply Chain Planning Software Forecasting Software Supply Chain Network Software 52

Supply Chain Shaman

APRIL 15, 2020

As the world for non-essential workers moved to on-line meetings, conference calls, and uncertainty, essential workers redefined the workplace to mitigate risk. The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. Evaluate Inventory. What to do?

Supply Chain Planning Software 443

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 443

GlobalTranz

NOVEMBER 22, 2017

The development and history of warehouse management systems (WMSs) have had a profound impact on how the supply chain functions. Ancient Times Through Colonization: Warehouse Management Dates to Ancient Times. The concept of warehouse management originated in ancient Egypt as people sought ways to manage grain gathered from crops.

Supply Chain Design Software 163

Supply Chain Design Software Inventory Management Software Demand Planning Software Supply Chain Software 163

GlobalTranz

DECEMBER 8, 2017

A perfect order consists of on-time delivery, in full delivery, damage-free delivery, and appropriate, accurate documentation. That means the company is sitting on inventory for one week, so the number of reorders decrease. Warehousing and Transportation Costs. Take a moment to consider the characteristics of a perfect order.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Software KPI Supply Chain Design 170

RFgen

JULY 14, 2023

If you are one of the many organizations that use an ERP platform for inventory control, then you already know how powerful this technology can be. But in today’s fast-paced supply chains, extending these capabilities onto the warehouse or shop floor with enterprise mobility is crucial to stay competitive. Let’s dive in!

Inventory Management Software 75

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Inventory Management 75

GlobalTranz

AUGUST 17, 2017

Being in control of your supply chain and warehouse is essential to your success, and warehouse management systems follow suit. Many warehouse managers and retailers often forget about the scope and value in planning. Document Every Stage of the Implementation Process, Including Deliverables. Curtis Barry & Company.

Supply Chain Design Software 141

Supply Chain Design Software Supply Chain Planning Software Vendor Strategies Inventory Reduction 141

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. By leveraging their capabilities, businesses can reduce transportation costs, optimize inventory levels, and minimize warehousing expenses.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Unleashed

OCTOBER 4, 2023

Some of the main steps involved in the order fulfilment process include: Inventory management Picking and packing Tracking and communication Shipping and delivery Customer service Returns management Fulfilment costs can represent up to 30% of an eCommerce company’s total operating expenses. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Veridian Solutions

FEBRUARY 26, 2020

Supply chain leaders often interchangeably refer to both a warehouse management system and an inventory management system as one and the same. The use of combined supply chain systems ensures these processes continue disruption-free, even when those systems go outside the warehouse.

Inventory Management Software 64

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 64

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. The ability to monitor transfers between multiple warehouses provides complete visibility, ensuring efficient inventory management.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Silvon Software

JULY 22, 2022

Working with three core ratios – the days of inventory, days of payables and days of receivables, the cash-to-cash time cycle KPI visualizes the period required between the moment a company pays its suppliers and the moment it receives cash from its customers. Inventory KPIs and Metrics for Managing Supply Chain Performance.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

OptiProERP

APRIL 24, 2023

Meeting delivery deadlines helps maintain customer satisfaction and repeat business, while poor delivery performance can lead to lost customers and a damaged reputation. This includes optimizing production schedules, reducing lead times, and improving inventory management.

Supply Chain Planning Software 52

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

FLEXE

MARCH 21, 2017

We wanted to know how pricing and usage of on-demand warehousing trended in 2016. Meeting market demands and staying competitive requires real-time visibility into every area of the business and solutions that make it easier to adapt to change. On-demand warehousing is no different. Here are the numbers.

Warehousing 31

Warehousing Price Reduction Demand Planning Software Supply and Demand 31