SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service? Download White Paper. This is the core of an effective omnichannel supply chain strategy; variety and options define customer experiences. GET YOUR COPY HERE.

Inventory Reduction 186

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 186

ivalua

APRIL 9, 2021

The study reveals how the disruption caused by COVID-19 has transformed procurement and supply chain strategy across the globe, exploring how procurement is helping organisations get back on their feet after the pandemic. Inaccurate data leads to inventory management challenges. Inventory challenges are also slowing cash flow.

Inventory Reduction 130

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Optimal Sourcing 130

ivalua

APRIL 8, 2021

The study reveals how the disruption caused by COVID-19 has transformed procurement and supply chain strategy across the globe, exploring how procurement is helping organizations get back on their feet after the pandemic. Inaccurate data leads to inventory management challenges. Inventory challenges are also slowing cash flow.

Inventory Reduction 130

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Optimal Sourcing 130

RFgen

JUNE 22, 2023

Unlocking the synergy between consulting services, ERP systems, and inventory management is the key to creating a powerhouse of efficiency. This can range from advising on strategies for enhancing an ERP platform to methods of streamlining stock control. Together, consulting and inventory management improve efficiency.

Inventory Management Software 72

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 72

Logistics Viewpoints

DECEMBER 5, 2023

This information is then used to develop a risk management strategy that takes into account the potential impact of different types of cybersecurity incidents. Assess Third-Party Vendors: Warehouse and DC operators often work with third-party vendors for logistics and inventory management.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Network Software 239

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. Use analytics to put your available inventory to the best use. Get your product portfolio in shape.

Supply Chain Planning Software 291

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

GlobalTranz

SEPTEMBER 13, 2018

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. Download White Paper. Channel-specific processes. Delays in order fulfillment and delivery. Troublesome returns management.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

GlobalTranz

MAY 4, 2018

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. The Problem: Omnichannel Retail Carries an Extreme Level of Interdependence Between Systems and Processes As explained by Entrepreneurer.com , the fastest-moving products account for only 20% of inventory.

Inventory Management Software 163

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 163

GlobalTranz

AUGUST 28, 2018

On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. How sound inventory management improves the supply chain, and what are the adverse impacts to the supply chain due to poor inventory management.

Inventory Management Software 122

Inventory Management Software Optimization Software Supply Chain Software Logistics Network Optimization Software 122

ToolsGroup

DECEMBER 11, 2023

Shaikh, Analyst at Quadrant Knowledge Solutions, “ToolsGroup’s comprehensive retail pricing solutions utilize advanced analytics to provide retailers with a holistic view of pricing and markdown strategies and assist retailers in managing and automating pricing throughout the product lifecycle. Download the SPARK Matrix report HERE.

ToolsGroup 156

ToolsGroup Price Reduction Optimization Software Modeling 156

GlobalTranz

JANUARY 26, 2018

No one wants to think about lost warehouse inventory, and it can be organizationally frustrating to determine the best process to find, research, and rectify inventory discrepancies. Download ebook. Discrepancies between the physical and systemic inventory levels can make that job tremendously more difficult.

Inventory Reduction 200

Inventory Reduction Price Reduction Warehousing Inventory 200

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. The coronavirus disruptions highlighted the stressed nature of lean and just-in-time inventories.

Supply Chain Planning Software 288

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 288

Supply Chain Matters

JULY 18, 2023

based companies had indicated in survey data and in concerted actions that termed China Plus sourcing strategies that either explored alternative, nearshoring, or reshoring efforts were being undertaken. The basis of this report, based on company experiences and executive interviews was that “ the strategy looks more like China plus many.”

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

GlobalTranz

MAY 25, 2018

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. Download white paper.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

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. Download the Guide. Some examples of how to meet customer demand and stay agile include: Storing inventory in several distribution centers.

Agile and Lean Supply Chain 119

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

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

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

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. The Importance of Inventory Replenishment. Download Case Study. Factors to Consider. MicroVention Case Study. ABC Classification.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

Vanguard Software

APRIL 30, 2021

With advances for AI in inventory management, an increasing array of solutions are now available. To capitalize on demand spikes without risking out-of-stock inventory, retailers need to have a resilient and agile supply chain to respond quickly and maintain service levels while offsetting increased costs. Download Industry Sheet.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Inventory 52

Freightos

JANUARY 15, 2024

This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year. Navigating the Storm: Strategies for SMB Importers in 2024 There is no golden ticket for solving these challenges.

Negotiating Skills 292

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 292

ToolsGroup

MARCH 22, 2016

Principal Analyst James Cooke of Nucleus Research just published his 2016 Inventory Optimization Value Matrix which highlights this year’s key trends, including functionality and usability. He reiterates why his firm sees inventory optimization (IO) solutions as so important.

Optimal Sourcing 120

Optimal Sourcing Modeling Optimization Software Inventory Reduction 120

Demand Solutions

OCTOBER 7, 2016

We’ve already covered a lot of ground on the topic of inventory reduction. I’ve explained the importance of setting a goal , fine-tuning your safety stock strategy , and reducing your high-side forecast bias. If you don’t believe me, take a look at an excess inventory report sometime.

Inventory Reduction 162

Inventory Reduction Inventory Forecasting Policies 162

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. Channel Sensing.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

USC Consulting Group

JUNE 14, 2021

The goal is to help companies get a better, more clear look at their operations and create better-informed strategy decisions, allowing them to deliver what clients need in the most profitable way. It’s a useful process, but we’ve found a lot of our clients do not include inventory as a strategic tool in their S&OP process.

eBook 52

eBook Inventory Reduction Supply Chain Planning Software Supply Chain Planning 52

GlobalTranz

NOVEMBER 17, 2021

Download the Report: 2021 Peak Shipping Season Survey. Prioritize freight by gaining insight into inventory needs, distribution network, and consolidation opportunities. Create a turnkey strategy to scale your operations through managed transportation services. Download the Report: 2021 Peak Shipping Season Report.

Shipping 232

Shipping Cost Reduction Strategies Industrial Industry 232

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. Creating a new supply chain strategy can be complicated, if not daunting. Before diving into making your strategy, take a deep breath and consider your objectives. A strategy is bound to fail if you can’t define success. It’s time to step back and re-evaluate.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Veridian Solutions

SEPTEMBER 9, 2019

Today’s warehouse managers need better inventory management strategies. This is nothing new, but as the world has evolved, the ability to improve inventory management has evolved in stride. Supply chain leaders should follow these key strategies for ways to improve inventory management. Download WhitePaper.

Inventory Management Software 70

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 70

Demand Solutions

SEPTEMBER 14, 2016

In my last blog post , I mentioned that I’d be sharing five steps you can take to start reducing your inventory as soon as this week. If you read my first post and took my advice, you’ve already set a goal for inventory reduction. In other words, step #2 is to develop a safety stock strategy. So, what comes next?

Inventory Reduction 100

Inventory Reduction Inventory Customer Service Forecasting 100

Demand Solutions

SEPTEMBER 14, 2016

In my last blog post , I mentioned that I’d be sharing five steps you can take to start reducing your inventory as soon as this week. If you read my first post and took my advice, you’ve already set a goal for inventory reduction. In other words, step #2 is to develop a safety stock strategy. So, what comes next?

Inventory Reduction 100

Inventory Reduction Inventory Customer Service Forecasting 100

Supply Chain Game Changer

APRIL 21, 2020

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. One approach is to develop and deploy Don’t Touch Supply Chain strategies! Subscribe Here! Email Address.

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

EazyStock

FEBRUARY 11, 2021

Better Inventory Management for eCommerce. As more and more businesses sell online, they are starting to see the impact that eCommerce has on their inventory management operations. In this post we discuss how eCommerce is affecting inventory management strategies. eCommerce impacts inventory management in many ways.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Price Reduction 52

ToolsGroup

MAY 11, 2022

While most companies started 2022 with a positive business outlook, they remain extremely concerned about external factors that have impacted supply chain planning strategies in the last two years. Download the complete report: Digital Supply Chain Planning Outlook 2022 ?. “The About ToolsGroup.

Purchasing Skills 295

Purchasing Skills Buyer Training Supply Chain Software Supply Chain Planning Software 295

RFgen

JANUARY 23, 2023

Overview: What is mobile device inventory management? With so much information out there about inventory management best practices, it can be hard to determine what steps to take to make improvements. Mobile inventory systems are a proven “must-have” solution for enhancing materials management. Yet many companies struggle.

Inventory Management Software 52

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

GlobalTranz

FEBRUARY 18, 2022

In this post, we’ll do a deep dive into less-than-truckload (LTL) industry trends to watch for 2022, and highlight actions that shippers should consider to guide their strategy throughout the year. The accessorial/surcharge situation reflects carriers’ strategy to select freight that’s optimal for their network. Download Today.

Trends 227

Trends Resource Reduction Cost Reduction Strategies Inventory Reduction 227

Vanguard Software

MAY 11, 2021

Download White Paper. In contrast, too much supply translates into high inventory costs, waste, and spoilage. Digital Planning for a Customer Driven Supply – Chain Strategy. Download Industry Sheet. The post Customer Driven Supply-Chain Strategy with Digital Planning appeared first on Vanguard Software.

Supply Chain Planning Software 52

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

GlobalTranz

AUGUST 11, 2021

As market volatility, delivery expectations and customer experience levels impact supply chain strategy, shippers are looking for new ways to drive operational and competitive advantage from external expertise. Indicator 1: It’s Difficult to Track Your Inventory From Suppliers Through Final Mile. Learn More.

Logistics Network Optimization Software 294

Logistics Network Optimization Software Transportation Supply Chain Software Supply Chain Planning Software 294