The Logistics of Logistics

FEBRUARY 11, 2022

Inventory Management vs. Warehouse Management. Original article: Inventory Management vs. Warehouse Management. That may be because a company might already have an inventory system and wonders what additional capabilities they will get with a new WMS. Inventory Management vs Warehouse Management: Main Differences.

Inventory Management Software 182

Inventory Management Software Inventory Management Warehousing Inventory 182

Enterra Insights

JUNE 22, 2022

The irony of excess inventory. ”[3] He continues, “The past two years have been blighted by supply shortages — with just-in-time retailers struggling to ship their goods, electronics manufacturers staring down a shortage of computer chips, and supermarkets struggling to fill their shelves.

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

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. How UK manufacturers have fared UK manufacturers have seen the value of stock on hand jump 99.7%, from £365,736 in Q3 2019 to £730,681 in Q3 2022.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

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

Logistics Viewpoints

AUGUST 10, 2020

A Hi-Tech Company’s Control Tower Helped It Better Manage Air Cargo During the Worst Days of the Pandemic In 2014, one of the world’s largest high-tech manufacturers started thinking about a digital transformation that would help them better serve their customers while also generating operational efficiencies.

Manufacturing 259

Manufacturing Real-time Visibility Cargo Inventory 259

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

OptiProERP

FEBRUARY 8, 2024

Additive Manufacturing (AM), often called 3D printing, has emerged as a revolutionary technology potentially transforming traditional production processes. This blog post will explore the intersection of additive manufacturing and ERP. This blog post will explore the intersection of additive manufacturing and ERP.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design 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

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

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.

Manufacturing Procurement 182

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 182

SYSPRO Smarter ERP

APRIL 26, 2023

For manufacturers that have grown up from a small business, with a handful of employees and few customers, to one with many staff and customers, there comes a time when the business software needs of the company have to be re-evaluated. Here are ten reasons how an ERP system can help manufacturers.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Optimization Software 98

ToolsGroup

OCTOBER 3, 2023

Grupo Mercury has over 10 years of experience in the market, importing products associated with lighting, electronics, and Smart Home devices. Thanks to a built-in, AI-driven probabilistic forecast , these solutions account for variability and tailor inventory to demand, mitigating risk and uncertainty in demand and supply planning.

ToolsGroup 156

ToolsGroup Inventory Reduction Resource Reduction Supply Chain Planning Software 156

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

Demand Solutions

JANUARY 7, 2015

Supply chain planning is becoming more important than ever within the electronics industry. There is more time necessary for sourcing materials, manufacturing, and distribution. With proper planning, it becomes possible to enhance the profitability within the electronics sector from the ground up.

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. There is more time necessary for sourcing materials, manufacturing, and distribution. With proper planning, it becomes possible to enhance the profitability within the electronics sector from the ground up.

Supply Chain Planning Software 100

Supply Chain Planning Software Electronics Supply Chain Planning Scenario Planning 100

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 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

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

SYSPRO Smarter ERP

MARCH 31, 2022

It’s premature to know at this stage what the full impact will be on our economies and supply chains, but we can expect more delays of supply of imported inventory, food, and component parts, due to reduced or rescheduled air and sea freight. The post How manufacturers can respond to supply chain disruptions appeared first on SYSPRO Blog.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

SYSPRO Smarter ERP

OCTOBER 4, 2021

The pandemic pushed manufacturers and distributors to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 119

Manufacturing Procurement Distribution Sourcing Strategies Manufacturing 119

Supply Chain Brain

JANUARY 30, 2024

Subramaniam, a partner in the Strategic Operations and Performance practice of Kearney, explains how electronics manufacturers went from having too few materials and components on hand to too many in a very short time — and how they can do a better job of planning in the future.

Electronics 95

Electronics Inventory Manufacturing 95

SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. Primarily this meant increasing inventories as opposed to other strategies like nearshoring. Many manufacturers have taken action in response to the challenges of the pandemic.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Forecasting Software 116

Logistics Viewpoints

JANUARY 22, 2024

The UFLPA prohibits goods mined, produced, or manufactured wholly or in part in Xinjiang from entering the U.S. 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.

Supply Chain Optimization 233

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 233

Unleashed

FEBRUARY 21, 2022

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products.

Manufacturing Procurement 98

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

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

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

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

Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

QAD

FEBRUARY 25, 2020

While consumer products manufacturers previously led the way for sustainable manufacturing practices, a growing number of manufacturers in other sectors are treating sustainability as an important operational objective to increase global competitiveness. The Sustainability Movement in Business and Manufacturing.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

o9 Solutions

MARCH 20, 2023

Janssen is leading initiatives to transform Philips’ supply chain to be more agile, resilient, and sustainable, and she oversees global supply chain operations, including procurement, manufacturing, logistics, and quality control. The post aim10x Executive Council has added a new influential leader in the consumer electronics industry.

Electronics 52

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

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

Unleashed

DECEMBER 13, 2023

New manufacturing data reveals the small to medium manufacturing sector remains in recovery mode, with global performance largely mapping to local economic conditions. New Zealand manufacturing, meanwhile, is at an historic inflection point, with stagnant performance in multiple sectors.

Manufacturing Procurement 52

Manufacturing Procurement New Zealand Manufacturing Beverage 52

TPSynergy

JANUARY 2, 2020

VMI (Vendor Managed Inventory) is the one of the best Inventory Management tools that will reduce the inventory carrying cost. By making your suppliers carry the inventory on behalf of you, you are reducing the risks and costs of inventory obsolescence. Visibility Portal for Vendor Manged Inventory.

Real-time Visibility 80

Real-time Visibility Vendor Strategies Inventory Reduction Inventory 80

PINC

APRIL 29, 2020

The global pandemic has thrown manufacturers, distributors, and retailers into a mode that most have never experienced before. live/drop, type of inventory, type of equipment, load status, etc.). Major Beverage Manufacturing company. The gate arm opens automatically and the driver proceeds.

Demand Planning Software 147

Demand Planning Software Logistics Network Optimization Software Inventory Reduction Supply Chain Software 147

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

DynaSys

FEBRUARY 17, 2021

Automotive suppliers regularly receive Electronic Data Interchange (EDI) demand signals from car manufacturers. These EDIs keep auto makers informed as to the required quantities of components that need to be manufactured in the coming five days, as well as giving them visibility on long term forecasting.

Manufacturing Procurement 98

Manufacturing Procurement Automotive Supply Chain Planning Software Manufacturing 98