Supply Chain Matters

JUNE 17, 2022

Inventory Management Assessment- Samsung Electronics. We noted in our editorial likely needs for comprehensive inventory management assessments especially given the risk of higher working capital costs are a result of higher interest rates. Samsung ’s inventory balances reportedly reached the equivalent of $36.9

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

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

RFgen

MAY 26, 2023

In the world of inventory management, stockouts and overstocking can be detrimental to business success. To stay ahead in today’s highly competitive market, organizations must adopt smart strategies for avoiding inventory stockouts and overstocking. Overstocking occurs when a business has too much inventory on hand.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

MARCH 22, 2022

For example, the One Network platform for supply chain planning and execution is used by the Ministries of Health in Nigeria, Ghana, and Rwanda, providing comprehensive inventory visibility across all health facilities for real time supply demand matching and collaborative decision making. Real-Time Information with IoT and Telematics.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

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

ShipBob

NOVEMBER 24, 2023

The root of many inventory management challenges lies in treating all stock equally—when in reality, each item should be assessed and segmented individually. This is where inventory segmentation can help. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Logistics Viewpoints

APRIL 10, 2024

An agile supply chain has dynamic and adaptive capabilities, such as information, communication, coordination, and collaboration, that enable it to sense, analyze, and act on disruptions. The port serves as a hub for importing and exporting a variety of goods, such as consumer products, electronics, machinery, chemicals, and food.

Baltimore 250

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 250

QAD

JANUARY 19, 2023

Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. This process covers anything in direct relation, from individual employees to organizations, information and resources. Function: operation management, logistics and inventory. Let’s dive in.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

Synovos

JANUARY 24, 2024

We stock more than 700,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to over 1.2 For more information, please visit [link]. Contact one of our global locations for more information. million customers. Interested in our services?

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

QAD

AUGUST 16, 2022

Supplier visibility provides analytics and insights to inform your strategy. With the waves of challenges undermining supply chains across all industries, businesses need improved supplier collaboration, optimal sourcing and quicker ways to respond to shifts in supply and demand.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

SYSPRO Smarter ERP

APRIL 26, 2023

It also provides insights into how assets of the business, such as inventory, are being used. If departments work in silos, this can significantly limit how well the business operates and the ability to use information to make smart decisions. It unifies people and business processes to improve daily operations.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Optimization Software 98

Unleashed

APRIL 21, 2024

The first step in a standard order processing system is the verification of a customer order which often includes a check to confirm there is sufficient inventory available to fulfil the order. Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer.

Inventory Management Software 52

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

SCMDOJO

APRIL 9, 2024

From the ubiquity of the Internet and various electronic gadgets, we are now in the era of next-level digital space where businesses and individuals can easily leverage the power of cloud computing, big data analytics, AI, and the Internet of Things (IoT). Compliance regulations are crucial to protect sensitive information.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can be categorized into various types, including shifts in supply and demand patterns, geopolitical developments, environmental concerns, advancements in information technology, and talent shortages. These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Supply Chain Matters

SEPTEMBER 29, 2022

Today, financial and other media have been highlighting a published report by Bloomberg , citing sources familiar with the matter, indicating that Apple is backing off plans to increase planned production of the new iPhone14. Inventory management and resource planning will remain a key concern. Development. percent this year.

Modeling 52

Modeling Supply and Demand Report Scenario Planning 52

TrackVia

MARCH 25, 2024

These solutions enable construction professionals to make informed decisions quickly, adapt to changes on the fly, and ultimately deliver projects on time and within budget. Doctors and nurses can access critical patient information instantly, and communication among healthcare teams is effortless and instantaneous.

Optimal Sourcing 105

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

QAD

MARCH 31, 2020

These include motors, spindles, bearings, slideways and electronic controls. ANCA builds their machines in Australia but these precision components are sourced from around the world. Manage consignment inventory. A technology some businesses use for purchasing is Electronic Data Interchange (EDI).

Manufacturing Procurement 118

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 118

BlueYonder

JULY 9, 2021

Nintendo Switch, iPhone, Tamagotchi, and Teddy Ruxpin… these have all been the hottest retail items in holidays past, and they all happen to be electronics too. And with online electronics sales up 145% during the 2020 holiday shopping season , this trend isn’t going anywhere anytime soon. . Coincidence? Break Down Silos.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Sourcing Strategies 98

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. We never ran out of or had too much inventory.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Supply Chain Game Changer

APRIL 7, 2020

Most alarming is that projections of the heightened demand for these items are not met with broad visibility as to the supply and inventory of these items. And when you order something on line you can electronically track the movement of your items until they arrive at your doorstep. And that same visibility is available for goods.

Supply Chain Visibility 88

Supply Chain Visibility Real-time Visibility Supply Chain Software Demand Planning Software 88

Synovos

NOVEMBER 10, 2023

We stock more than 750,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to 1.1 For more information, please visit [link]. Contact one of our global locations for more information. million customers. Interested in our services?

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

Herlitz Inventory Management

JUNE 1, 2022

Too much inventory can tie up your capital and lead to costly storage fees. Too little inventory can result in lost sales and upset customers. ASN is a new feature in Herlitz Inventory Management’s HIMPACT solution that can help you keep track of your incoming shipments and manage your inventory levels more effectively.

Shipping 52

Shipping Inventory Management Software Vendor Strategies Inventory Reduction 52

The Logistics of Logistics

JUNE 23, 2022

Longer lead times, complex handoffs between logistics providers, data flow between disparate systems…requires a new way of thinking for efficient inventory moves from origin to the final customer efficiently. a cloud-based payment platform delivering real-time electronic payment solutions for health benefits, points and promotional offers.

Supply Chain Strategy 130

Supply Chain Strategy Supply Chain Optimization Supply Chain Software Sourcing Strategies 130

ivalua

SEPTEMBER 28, 2020

Why force a supplier to rekey, when you can have pure electronic invoice data linked to real-time delivery data, capture receipt information all integrated into RFID tracking of inventory, all supported by a Government stamp saying its a real invoice, from a real supplier? . Is the tax and budget allocation information correct?

Supply Chain Software 237

Supply Chain Software Manufacturing Procurement Procurement Solutions Supply Chain Network Software 237

BlueYonder

APRIL 9, 2020

As buyers have more access to information, companies won’t have a choice on whether to focus on a sustainable operation or not; it will be as baseline an expectation as one-day-delivery. These new buyers are more informed and increasingly socially conscious. billion tonnes — gets lost or wasted.

Waste Reduction 89

Waste Reduction Sustainability Supply Chain Optimization Optimal Sourcing 89

SYSPRO Smarter ERP

JANUARY 16, 2023

If your business has been around for a while, there’s a good chance that you’re still completing inventory counts, picking, packing, and other tasks manually. With improved information sharing also comes greater communication between departments, reducing instances of duplicated work across the business. Data-driven decision making.

Supply Chain Software 105

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization 105

Arena Solutions

APRIL 4, 2023

The engineering/manufacturing sector has a captivating attraction as a lucrative field for starting a career, thanks to technological developments and the exciting possibilities of working in industries like medical devices, electric vehicles (EV), aerospace and defense, consumer electronics, and biotechnology on cutting-edge products.

Manufacturing Procurement 73

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73

Supply Chain Opz

SEPTEMBER 9, 2013

Today Samsung Electronics has proven to be one of the most successful global brands to follow. Later, they took the diversification strategy and entered the electronic industry by producing the black-and-white TV set. In this article, we will explain to you how they do it. At first, they had a strong root in trading business.

Supply Chain Transformation 257

Supply Chain Transformation Six Sigma Supply Chain Design Software Supply Chain Planning Software 257

Synovos

OCTOBER 16, 2023

We stock more than 750,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to 1.1 For more information, please visit [link]. Contact us for more information. million customers. Interested in our services?

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions United Kingdom Optimal Sourcing 52

Synovos

AUGUST 9, 2023

We stock more than 750,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to 1.1 million customers. For more information, please visit [link]. Contact us for more information. Interested in our services?

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing 52

Taulia

OCTOBER 20, 2021

This encompasses sourcing raw materials from suppliers, the movement of materials through the relevant manufacturing operations, and the distribution of finished goods to consumers. Commonly used metrics include the following: Inventory turnover – the number of times a company’s inventory cycles on an annual basis.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

SYSPRO Smarter ERP

OCTOBER 4, 2021

During the pandemic ERP kept industries in operation with its ability to sustain business operations through remote access to data, automated reporting, electronic data exchange, and real-time factory controls. Companies can control inventories, avoid overproduction, and implement more cost-effective practices into their operations.

Manufacturing Procurement 119

Manufacturing Procurement Distribution Sourcing Strategies Manufacturing 119

ivalua

MARCH 31, 2020

It was enough to prompt Foxconn Technology Group — a huge supplier of consumer electronics with 800,000 employees — to announce that its factories in China would be running at normal pace by the end of that month. But recovery may be fragile. But they’re also inevitable.

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Software 130

Unleashed

JANUARY 29, 2024

Stock-keeping-unit (SKU) rationalisation is an inventory management method for improving the performance and profitability of your business. As a business strategy, SKU rationalisation helps you to reduce business costs, improve inventory management, increase operational efficiency, and enhance your brand image.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Game Changer

APRIL 21, 2020

You reduce cost, you eliminate opportunities for error, you reduce time, you reduce inventories, and you strengthen your Supply Chain’s ability to operate in the face of any disastrous situation. People are working with data as opposed to working with information. Drop shipping is another great example.

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

SCMDOJO

DECEMBER 28, 2023

This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels. Having clear visibility into inventory is critical for omnichannel fulfilment. Limited Visibility: These supply chains have restricted visibility, with real-time information being scarce.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 74

Vinculum

AUGUST 30, 2022

Such a process helps manage accounts, inventory, supply chain, project management, operations, and other relatable processes to run the business significantly. Odoo acts as an open-Source ERP system software to appropriately provide tools to every business. The following solution that Epicor uses is based on distribution.

Malaysia 52

Malaysia Supply Chain Planning Software Inventory Management Software Optimization Software 52