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. Analyze performance metrics and implement improvements to enhance efficiency.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

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

Unleashed

NOVEMBER 5, 2023

A barcode inventory system allows goods to be tracked along the supply chain and within a company’s storage facilities. It uses technology such as barcode scanners and barcode inventory software to improve the accuracy of your inventory management processes. What is a barcode inventory system? Let’s get right into it.

Inventory Management Software 52

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

Logility

MARCH 12, 2021

Pulling data into a business intelligence tool in each department, the company started generating a new series of reports designed to meet the requirements of each department. This blog post outlines three types of inter-related analytical tools that you need to use in concert to get the best insight from your data.

Supply and Demand 191

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 191

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This involves not only identifying the volume and frequency of shipments but also delving into specific requirements, such as: The advent of Digital Freight Procurement Tools , means users can now compile the above data in a fraction of the time spent previously. Work with legal and procurement teams to draft the contract documents.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Supply Chain Game Changer

NOVEMBER 3, 2022

Modern bookkeeping systems are a perfect tool for monitoring the financial information of your company that might help you improve supply chain cost control. These tools enable you to track payments to your vendors and customers by gaining real-time updates on each transaction’s status.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

OptiProERP

APRIL 9, 2024

Integration with inventory management systems is crucial to accurately confirm product availability and delivery timelines. Document processes and provide training to employees to ensure compliance and proficiency. Use dashboard reporting and analytics tools to track performance metrics in real-time and identify areas for improvement.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

TrackVia

MARCH 25, 2024

They’re the tools that are quietly changing the game across different industries, from construction and healthcare to manufacturing and field services. These solutions help companies optimize their operations, from inventory management and asset tracking to supply chain management and warehouse operations.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. AI-based tools already help automate routine tasks and assist decision-making processes across various sectors.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Turvo

DECEMBER 9, 2021

These digital tools allow organizations to seamlessly share information and automate processes that keep supply chains running smoothly and efficiently. Digital management tools offer straightforward communication that benefits all parties. Complete Visibility Into Both Stored and In-Transit Inventory.

Analytics Software 72

Analytics Software Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 72

Elementum

FEBRUARY 7, 2024

It integrates deeply within business systems, allowing companies to manage inventory, oversee contracts, and refine production processes more effectively. The journey from basic tools to advanced automation has revolutionized how businesses approach and optimize their operations, contributing substantially to the advent of process automation.

Cost Reduction Strategies 78

Cost Reduction Strategies Supply Chain Software Predictive Analytics Software Resource Reduction 78

Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. Ipsen also need to reduce their lead times.

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

Unleashed

MARCH 5, 2024

eCommerce automation helps businesses maximise productivity by optimising daily processes such as inventory management , fulfilment, and customer service. It is achieved using various software tools, cloud-based technology platforms, and robotics to streamline manual processes. What is eCommerce automation?

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52

Unleashed

NOVEMBER 2, 2023

It is the process of determining future demand for products, how those products will be manufactured to meet that demand, and the manufacturing metrics that will measure success. A production schedule is a document that tells manufacturers which goods need to be produced, when they need to be produced, and the production methods.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Precoro

FEBRUARY 12, 2024

There’s a toolkit of metrics to help the treasury department understand the level of liquidity. They encompass cash reserves, accounts receivable, inventory, and marketable securities. Consequently, companies with substantial inventory holdings typically exhibit lower-than-average quick ratios.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Unleashed

JANUARY 4, 2024

This guide will explain how product sourcing works in modern business, best practices for finding suppliers, and list some of the most popular websites and tools for sourcing goods to sell. Product sourcing is the process of finding reliable suppliers and purchasing inventory from them with the intention of reselling to customers.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

ThroughPut

MARCH 15, 2024

5 Steps to Successfully Implement AI in Your Supply Chain S tep 1: Initiation Phase First things first: It is easy to get swayed by the glitz and glam of the latest AI technologies, but don’t start your supply chain AI project by choosing the tool first. Instead, start by documenting current processes and identify issues.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

5 Steps to Successfully Implement AI in Your Supply Chain S tep 1: Initiation Phase First things first: It is easy to get swayed by the glitz and glam of the latest AI technologies, but don’t start your supply chain AI project by choosing the tool first. Instead, start by documenting current processes and identify issues.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ToolsGroup

SEPTEMBER 22, 2020

That means there are many companies out there struggling to make sense of constantly shifting demand data and to make smart inventory optimization decisions. Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence. All rights reserved.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Precoro

SEPTEMBER 4, 2023

By learning how to calculate it and change it to their advantage, companies can accelerate cash inflow and free up money that would otherwise be tied up in inventory. The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Precoro

MAY 22, 2023

It plays a vital role in managing an organization's inventory of IT assets, reducing redundancy, and lowering the risk of downtime or service interruptions. Then, IT managers can assess the state of the tech stack to see if the available tools can meet the demand. If so, the organization will save time and money.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

SCMDOJO

MARCH 7, 2023

The principles and tools of this Kaizen Supply Chain can be used and implemented by any team globally to achieve the desired results while delivering value to your customers. One helpful tool for mapping the future state is a simple matrix of Value-add (VA)/Non-value add (NVA) and effort.

Supply Chain Software 88

Supply Chain Software Waste Reduction Agile and Lean Supply Chain Supply Chain Optimization 88

3PL Insights

OCTOBER 24, 2017

The information received can be checked for accuracy with the company’s inventory software. This allows for inventory to be viewed in “real time.”. Real time inventory : Lost inventory can become extremely expensive. Human workers can then check tablets or computers to find out if there is any missing product.

Warehousing 112

Warehousing Inventory Reduction Predictive Analytics Software Supply Chain Software 112

SupplyPike

JUNE 22, 2020

Learn all about: What Retail Link is and who can use it The challenges of Retail Link What reports and tools Retail Link has to offer. Are you a supplier for Walmart who is looking for a central repository for the information, documents, reports, and special applications to manage your business with Walmart?

Retail 58

Retail Supply Chain Planning Software Procurement Analytics Forecasting Software 58

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.

Supply Chain Design Software 113

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

RFgen

APRIL 18, 2023

Overhead swells in direct proportion to misships, adding greater expense for return shipping fees, overnight and same-day ordering, wasted inventory, chargebacks , wages, and loss of customers. Prevention can be a powerful tool in your supply chain toolbelt. Assign a supervisor to monitor compliance and KPI metrics.

Optimization Software 52

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

Unleashed

OCTOBER 31, 2023

It underlines the processes, strategies, and tools employed to assist staff in increasing their efficiency and productivity over the long term. Both use scheduling tools. Empowered employees Empowered employees are staff who are equipped with the tools, resources, and knowledge needed to undertake their daily tasks.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Unleashed

JANUARY 16, 2023

There are supply chain management, shipping documentation, and accounting duties to worry about. 3PL providers are often equipped with the latest and greatest when it comes to inventory tools and software. The 3PL provider updates the new stock levels in their inventory management system. Simplified global expansion.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

Supply Chain Shaman

JULY 3, 2015

It is now owned by Gartner Group and used as a commercial tool to drive client engagements. Inventory Turns (15%) (based on 2014 results). Supply chain leaders manage a complex system of non-linear, but very inter-connected metrics. Leaders need to balance a portfolio of metrics. Companies compete. Why Do I Think This? .

Gartner 150

Gartner Supply Chain Software Demand Planning Software Modeling Software 150

QAD

FEBRUARY 7, 2023

This requires establishing KPIs and specific metrics of success to assess performance against. Outsourcing: When you trust a supplier, you can transfer to them time-consuming activities like managing inventory levels or certain aspects of customer service.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

OptiProERP

FEBRUARY 8, 2024

The Role of ERP in Manufacturing Enterprise Resource Planning systems are the backbone of modern manufacturing operations, providing comprehensive tools for managing various aspects of the production process, including inventory management , supply chain logistics , production scheduling, and financial reporting.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

Unleashed

APRIL 10, 2023

Opportunities include underutilised workers, excess inventories , and ineffective processes. TQM relies heavily on data and performance metrics to make decisions about change. Document-centric BPM: documents that are created, used, and revised within the business. Shine (seiso) – keep workspaces clean and tidy.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

Unleashed

AUGUST 23, 2023

Warehouse logistics refers to the management of all the processes involved in controlling inventory in your warehouses and storage units. Receive goods, products, or raw materials from suppliers When items are delivered from suppliers, the warehouse logistics team needs to document, track, and authorise the receipt of the products.

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

Unleashed

FEBRUARY 28, 2023

Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. Receiving efficiency is a useful warehousing metric that helps business owners determine whether their receiving process needs improvement. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

SupplyPike

APRIL 10, 2020

Your buyer may also need to work on directing inventories to more active locations. With demand so high for a lot of key products, you’ll need to closely monitor short-term and long-term demand and inventory. Another solution is to create inventory reserves. Utilizing technology. Other considerations.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98