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

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

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

BlueYonder

NOVEMBER 15, 2022

Much of our world relies on the timeliness, effectiveness, quality, and reliability of manufacturers. However, it is proving to be a more complex proposition for manufacturers who are typically more nascent in their digitalization efforts, and in bringing improved connectivity and visibility to their supply chains.

Capacity 75

Capacity Manufacturing Supply Chain Planning Software Optimization Software 75

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

Supply Chain Game Changer

NOVEMBER 3, 2022

This modern approach allows manufacturers and suppliers to share real-time data about product availability, production, and sales. This information can help companies manage inventory levels and improve customer service and engagement. Real-time information sharing is a critical element of supply chain management.

Supply Chain Planning Software 115

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

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

IQMS

JULY 22, 2019

The Warehouse Inventory Management Software market grew to $1.4B Warehouse Inventory Management software and systems help reduce infrastructure costs and enable the reallocation of existing IT resources to drive productivity improvements, according to IDC. How Warehouse Inventory Management Software improves efficiency.

Inventory Management Software 60

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 60

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

OCTOBER 25, 2021

Container inventory is imbalanced. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Fourteen of twenty-eight industries have rising inventories. Figure 1: Current State of a Global Manufacturer of White Goods. The United States is late in investing in port infrastructure. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

GlobalTranz

JULY 20, 2015

For instance, a growing number of cell phone manufacturers have established procedures in place for consumers who wish to return an older model and ensure that the device is refurbished or recycled rather than dumped into the local landfill. Importance of Metrics in Reverse Logistics Management. How much value is recaptured?

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

Logistics Viewpoints

APRIL 4, 2022

This is a public, multinational providing different types of electronic and machinery products for different industries. For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We A Complex Supply Chain. A Transformation Journey.

Supply Chain Transformation 194

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 194

Supply Chain Shaman

OCTOBER 25, 2021

Container inventory is imbalanced. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Fourteen of twenty-eight industries have rising inventories. Figure 1: Current State of a Global Manufacturer of White Goods. The United States is late in investing in port infrastructure. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

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. bn through 2026. bn through 2026.

Inventory Management Software 52

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

Supply Chain Shaman

NOVEMBER 21, 2017

Decision support includes all forms of planning: demand, supply, revenue, manufacturing and transportation planning. Robust Market Emerging for Digital Manufacturing Technologies. Robotics/wearables/the Internet of Things/additive manufacturing coalescence is redefining manufacturing. It is happening.

Supply Chain Planning Software 152

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 152

Material Handling & Logistics

SEPTEMBER 8, 2017

The Institute for Supply Management conducted a special survey that asked members to assess how Harvey might impact six key business metrics and whether they may be impacted by shortages of input materials due to Harvey. "Our Broadly speaking, the six metrics organized by severity of impact into three groups. Most Impacted Metrics.

Metrics 98

Metrics Texas Chemicals Supply Chain 98

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 Shaman

MAY 22, 2013

The research tries to establish “ who did supply chain best ” by looking at a weighted formula of Year-over-Year Growth, Return on Assets (ROA), and Inventory Turns for the Fortune 500 companies. Inventory Turns values are based on an average of quarterly reporting for the past year. Inventory Turns is only part of the story.

Gartner 250

Gartner Pharmaceutical Supply Chain Chemicals 250

Supply Chain Shaman

JANUARY 28, 2015

In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

SYSPRO Smarter ERP

MARCH 2, 2022

This means that the past practice of just-in-time inventory management will need to be more flexible and allow a just-in-case approach. Just-in-case involves holding more inventory so that sales are not lost due to inventory being unavailable. Risk management. The supplier relationship can also be improved with technology.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

synchrono

APRIL 2, 2018

Like visitors to the Mall of America, manufacturers looking to apply Lean principles start in the same place. Their “directory” is the 8 types of waste identified in Lean: Overproduction – Manufacturing more than is needed to fill customer orders. Inventory – Excess material and WIP. The Lean Journey Often Starts with Inventory.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Lean Waste Reduction Material Savings 60

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. Request Free Demo In the fast-paced realm of manufacturing and logistics, mobile workflows are the secret weapon for staying ahead of the competition.

Optimal Sourcing 105

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

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. Simplistic thinking of trading-off customer service, inventory and cost became much, more complicated with the shifts in asset strategies. Each supply chain type could have a different objective function.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

synchrono

JUNE 4, 2018

Managing operations through multiple manufacturing systems can be challenging, but it’s a daily reality for many manufacturers. For instance, one facility might operate in a make-to-stock mode and the other in a make-to-order mode even though they manufacture the same types of products for the same customers.

Supply Chain Planning Software 80

Supply Chain Planning Software Demand Planning Software Inventory Management Software Modeling Software 80

Supply Chain View from the Field

NOVEMBER 6, 2013

In this case, the context was an annual bid and quote negotiation they had to do with electronic manufacturers who wanted to ship products from the factories in Asia to the US. We happened to use the example of a high end consumer electronics manufacturer, but in truth, any one of the manufacturers operated the same way.

Negotiating Skills 60

Negotiating Skills Electronics Cost Reduction Strategies Supply Chain Strategy 60

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. While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency. Inventory management.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

ThroughPut

NOVEMBER 12, 2020

Whether manufacturers rely on ground, rail or sea to reach end-customers, the extent of disruption is unprecedented and this creates a need to rethink their warehouse fleet and carrier strategies. However, this can be avoided by using electronic advanced shipping notifications within the purchase order and inventory management functions.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

E2open

MAY 23, 2017

To simplify the measurement and realization of value, data-driven organizations should first segment Key Performance Indicators (KPIs) into two distinct sets: Value Metrics and Process Metrics. Value metrics are the final goal and directly relate to cost savings, revenue increases or other tangible forms of return.

Material Savings 68

Material Savings Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 68

Resilinc

FEBRUARY 7, 2023

YOY in 2022, a metric due partly to its robust sales of mid-size pickups, according to CNBC. What caused this rocky year for car manufacturers? Forced labor, the researchers reported, is “in everything from the hood decals and car frames to engine casings, interiors and electronics.” GM was an exception with U.S.

Automotive 62

Automotive Industrial Industry Manufacturing Procurement 62

BlueYonder

JANUARY 24, 2023

From an industry standpoint, in a phenomenon I would call industry morphing, automotive, high tech, and consumer electronics are gravitating together. Do we need to carry excess inventory? They have been able to improve their forecast accuracy in the aftermarket side, reduce inventory, and reduce premium freight.

Automotive 69

Automotive Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 69

Unleashed

NOVEMBER 15, 2021

Learn more: The Ultimate Manufacturing Guide: SME Manufacturing Explained What is mass customisation? It’s a manufacturing process for customising goods at scale while keeping unit costs low – a middle ground between standardisation and personalisation. The entire manufacturing sector is seeing a shift towards personalisation.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

Supply Chain Shaman

MARCH 19, 2014

Instead, what I observed when I looked at the data, was that most companies that I had worked with (in my role as an industry analyst, I had worked with over 300) were going backwards on margin and inventory turns. Resiliency is the pattern at the intersection of operating margin and inventory turns. “Ugh,” I said.

Gartner 312

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 312

RFgen

JULY 23, 2014

The manufacturing renaissance currently underway in the U.S. is due in large part to the nation’s robust information technology and software that helps factories achieve more accurate inventory management and data visibility. What Should Manufacturers Look for in a Data Collection Software Solution? Real-time Performance.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Management Software Supply Chain Software Manufacturing 52

RFgen

JULY 23, 2014

The manufacturing renaissance currently underway in the U.S. is due in large part to the nation’s robust information technology and software that helps factories achieve more accurate inventory management and data visibility. What Should Manufacturers Look for in a Data Collection Software Solution? Real-time Performance.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Management Software Supply Chain Software Manufacturing 52

Supply Chain Shaman

MAY 29, 2014

I just don’t think the comparison of very different industries in a spreadsheet based on growth, inventory values, and Return on Assets (ROA) is meaningful. As a result, the metrics have to be viewed together as a pattern over time. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics.

Gartner 301

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 301

Supply Chain Shaman

JUNE 14, 2014

“The idea of the value chain is based on the process view of organizations, the idea of seeing a manufacturing (or service) organisation as a system, made up of subsystems each with inputs, transformation processes and outputs. ” Institute for Manufacturing, 2013. __. High-Tech and Electronic Supply Networks.

Optimal Sourcing 283

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 283