Logility

JANUARY 8, 2018

The sheer number of options available in consumer electronics products can be overwhelming as many in the United States likely experience every holiday and especially during the Thanksgiving holiday as they compared Black Friday and Cyber Monday deals. White Paper: Winning the Inventory Battle in Consumer Electronics.

Electronics 102

Electronics Supply Chain Planning Software Forecasting Supply Chain Planning 102

The Logistics of Logistics

JUNE 17, 2022

Jeff Flowers and Joe Lynch discuss why inventory is everything. Jeff’s professional career began in accounting and finance roles within the Cable Television, High Speed Data and IPTV industry. Key Takeaways: Inventory is Everything. Inventory placement and excess inventory are big problems that omni-channel retailers face.

Inventory Reduction 173

Inventory Reduction Optimal Sourcing Inventory Logistics Network Optimization Software 173

Kinaxis

MAY 9, 2017

by Alexa Cheater 4 problems facing consumer electronics and what to do about them. But depending on which industry you work in, your specific set of supply chain pain points could vary greatly. First up is consumer electronics. Consumer electronics supply chain pain points. Let’s face it. Then maybe it’d be comparable.

Electronics 150

Electronics Supply Chain Planning Software Supply Chain Planning Modeling 150

OptiProERP

DECEMBER 9, 2022

The electronics industry changes at a fast pace with constant innovations. Electronics are used in consumers’ everyday lives, both at work and at home. Electronics manufacturers have many revenue opportunities, but also many challenges to overcome to be competitive. Changes in Consumer Demand. Short Product Life Cycles.

Manufacturing Procurement 52

Manufacturing Procurement Electronics Optimal Sourcing Supply Chain Planning Software 52

ToolsGroup

SEPTEMBER 29, 2022

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. Key findings include: Across sectors such as specialty apparel, mass merchants, department stores, home décor, electronics, and home improvement, the percentage of consumers decreasing trust in retailers to be in stock ranges from 28-36%.

ToolsGroup 156

ToolsGroup Optimal Sourcing Study Groups 156

Logility

MAY 25, 2023

In today’s fast-paced and unpredictable global market, the secret to maintaining a competitive edge lies in a key area—robust inventory control techniques. Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. This is where inventory control techniques come in.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

Supply Chain Matters

FEBRUARY 1, 2023

As businesses report their financial performance for the 2022 final quarter and full year, Supply Chain Matters highlights select bellwether firms that we consider a relatively good indicator of anticipated 2023 industry supply chain challenges. The company reported a $664 million dollar loss in Q4 amid a 32 percent decrease in Q4 revenues.

Electronics 59

Electronics Modeling Demand Planning Software Modeling Software 59

o9 Solutions

MARCH 20, 2023

Janssen’s efforts have been focusing on digitizing and automating processes, optimizing inventory management, and increasing transparency and traceability across the supply chain. Janssen’s dedication to sustainability and innovation has made her an influential figure in the supply chain industry. appeared first on o9 Solutions.

Electronics 52

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

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. On the other hand, optimized inventory levels can enhance it. Next is the cost of storing the inventory.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

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

Demand Solutions

JANUARY 7, 2015

Supply chain planning is becoming more important than ever within the electronics industry. This industry, in particular, has a long lead time. And, with a higher price point on these products, it tends to be harder than most industries to manage in terms of costs. And, of course, it is not all about planning at that end.

Supply Chain Planning Software 100

Supply Chain Planning Software Electronics Supply Chain Planning Scenario Planning 100

Demand Solutions

JANUARY 7, 2015

Supply chain planning is becoming more important than ever within the electronics industry. This industry, in particular, has a long lead time. And, with a higher price point on these products, it tends to be harder than most industries to manage in terms of costs. And, of course, it is not all about planning at that end.

Supply Chain Planning Software 100

Supply Chain Planning Software Electronics Supply Chain Planning Scenario Planning 100

GlobalTranz

DECEMBER 11, 2014

Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.

Electronics 262

Electronics Transportation Data Resource Reduction 262

The Logistics of Logistics

JANUARY 13, 2023

Trey is the Co-founder and CEO at Amplio , an Atlanta based tech firm that predicts and prevents material and parts shortage for companies in the electronic manufacturing space. Trey Closson is the Co-founder and CEO at Amplio, an Atlanta based tech firm builds supply chain resilience for electronics manufacturers. About Trey Closson.

Manufacturing Procurement 182

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 182

Logility

AUGUST 4, 2022

Burt Flickinger, managing director for Strategic Resource Group, told CBS News he’d seen the biggest discounts across “consumer electronics, sporting goods, apparel, clothes, and accessories.”. Then, as port problems eased, a glut of inventory – a phenomenon known as the “ bullwhip effect.” Big Box Blues.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Supply Chain Shaman

JANUARY 25, 2024

Electronic Data Interchange (EDI) does not meet this definition. With slim margins and ever-increasing inventories, companies invested less in capital assets. Today, this network operates with less capacity and ballooning inventories. The industries in this value chain lack resilience. Customer Service.

Supply Chain Network Software 264

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 264

Supply Chain Shaman

JUNE 7, 2018

Putting a stick in the eye of the industry is hard work. I define digital as the rethinking the atoms and electrons of the supply chain. When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. The industry has too many events.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 223

Logistics Viewpoints

MARCH 21, 2024

The challenges brought about by the pandemic made many rethink strategy when it came to inventory, stock on hand, secondary options and the ability to guarantee supply and resiliency. Their main reasoning was to contain supply chain costs, reduce the amount of space used for inventory at hospitals and ultimately help provide better care.

Prescriptive Analytics Software 215

Prescriptive Analytics Software Supply Chain Planning Software Optimization Software Analytics Software 215

Unleashed

NOVEMBER 16, 2022

New manufacturing data has revealed which industries and nations are leading the way in the post-pandemic economic recovery – and the tactics they’re using to beat supply chain disruption. This was followed by energy and chemicals (up 174%), and the sports and entertainment sector which recorded an average increase of 123%. Food 93.69%.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

SYSPRO Smarter ERP

DECEMBER 13, 2021

Inventory management was moving towards a just-in-time approach until the supply disruptions of the last year. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a re-assessment of practices and KPIs in order to keep goods flowing in a predictable and manageable way.

Inventory Management Software 122

Inventory Management Software Inventory Management Inventory Reduction Sourcing Strategies 122

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Data availability and advanced analytics are also shaping the industry by providing new insights into efficient manufacturing processes.

Optimal Sourcing 136

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 136

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Supply Chain Matters

AUGUST 14, 2023

Supply Chain Matters highlights added evidence derived from sampling of Q2 financial and operational reporting of key high tech industry suppliers reinforcing product demand cyclical shifts are still underway. The CEO further indicated that the industry’s inventory situation had improved.

Supply Chain Network Software 52

Supply Chain Network Software Industrial Industry Inventory Reduction 52

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Data availability and advanced analytics are also shaping the industry by providing new insights into efficient manufacturing processes.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 120

RFgen

AUGUST 10, 2023

Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete. When first implementing digital inventory technology, many organizations consider a warehouse management system (WMS). Ensure proper ordering, inventory planning, and process scalability.

Real-time Visibility 81

Real-time Visibility Inventory Management Software Supply Chain Planning Software Inventory Reduction 81

Unleashed

FEBRUARY 21, 2022

Global manufacturing trends The Covid pandemic has raged across the world over the last two years, upending the manufacturing industry. But amid crises come opportunities, and the industry has adapted faster to technologies and new ways of working as it reshapes itself for the new world. Industry 4.0 Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98

Enterra Insights

OCTOBER 13, 2023

The benefits of this model include cost reductions in storage and inventory. But, Paul Noble , founder and CEO of Verusen, explains, “It’s really what everyone did,” adding, “supply chain managers understood that that they were tying up their company’s working capital and warehousing space to keep excess inventory.

Modeling 130

Modeling Modeling Software Supply Chain Design Software Optimization Modeling 130

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

QAD

JUNE 25, 2019

The effective use of a manufacturer’s inventory investment is an important determinant of the company’s success. Excess and obsolete inventory is a drain on resources, as is excessive safety stock. Managing an Inventory Investment. Managing an Inventory Investment.

Procurement Analytics 105

Procurement Analytics Metrics Inventory Reduction Inventory 105

Supply Chain Game Changer

SEPTEMBER 21, 2021

Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. What should our post pandemic inventory priorities be? Pre Pandemic Inventory Management Priorities.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52

Logistics Viewpoints

JANUARY 22, 2024

The detentions have occurred across a variety of industries. But electronics; industrial and manufactured; and apparel, footwear, and textiles make up the bulk of products detained. Historically, an OOM has access to all the company’s inventory. Of these, 2,583 were denied entry into the US.

Supply Chain Optimization 233

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 233

Unleashed

SEPTEMBER 30, 2021

Vendor managed inventory (VMI) – when executed well – can be an efficient and cost-effective system for managing the supply of goods. Learn more: What is Inventory Management? Techniques for 2021 What is vendor managed inventory? How does vendor managed inventory work?

Vendor Strategies 98

Vendor Strategies Inventory Reduction Inventory Inventory Management Software 98

NC State SCRC

JUNE 3, 2021

The Biden administration has sought to explore how to re-shore the semiconductor industry , by calling for a 100 day study.The CHIPS for America Act is one effort to try to bring more semiconductor manufacturing back to the US. manufacturing of Flexible Hybrid Electronics (FHE).

Modeling Software 99

Modeling Software Industrial Industry Analytics Software 99

Unleashed

JULY 12, 2023

Inventory is often the largest current asset in a business. Before you develop an effective inventory management strategy you need to understand what inventory is, its various types, and how it works in a business. What is inventory? Inventory is the stock of goods and materials currently owned by a business.

Inventory Reduction 52

Inventory Reduction Examples Inventory Material Savings 52

Kinaxis

AUGUST 28, 2017

For supply chains in the aerospace and defense industry, keeping pace with original equipment manufacturers (OEMs) who are dramatically increasing production rates for components, systems and services, is a major challenge. But the ability to scale is a critical capability to supply chain success. Supply chain complexity. Product complexity.

Aerospace 179

Aerospace Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 179