Unleashed

JUNE 1, 2023

At a certain point, manual inventory management becomes no longer feasible. In this article, we explore a popular solution: the perpetual inventory system. Perpetual inventory systems begin with a physical inventory count that is then recorded electronically.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

Unleashed

MAY 30, 2023

Anticipation inventory is the solution to this problem. Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. What is anticipation inventory? Anticipation inventory can be described as the inventory which is purchased in anticipation of expected increases in demand.

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success. What does a procurement manager do?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

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

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Types of Procurement Analytics.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

SCMDOJO

APRIL 22, 2022

Non-fungible means non-interchangeable tickets stored on a blockchain (electronic digital ledger). Not only will the NFTs move the supply chain from unnecessary paper trails to an electronic platform, but they will also reduce all the bottlenecks experienced in the pipeline. Streamlining Procurement Operations.

Supply Chain Planning Software 137

Supply Chain Planning Software Pharmaceutical Supply Chain Software Supply Chain Planning 137

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings. Implement a reward system for major victories.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Ware2Go

APRIL 8, 2023

Pick pack and ship fulfillment is the process of picking products off of warehouse shelves and packing them into boxes to be shipped. This process happens after an order has been placed and routed to the warehouse, and it could be considered the very first step in the order fulfillment process. What Is Pick Pack and Ship?

Warehousing 52

Warehousing Optimal Sourcing Shipping Inventory Reduction 52

Logistics Viewpoints

AUGUST 22, 2022

billion in inventory “that if we could just wave a magic wand, we’d make it go away today,” said chief financial officer (CFO) John David Rainey. Walmart estimates that inventory is still 15% above optimal levels. We’ve also cancelled billions of dollars in orders to help align inventory levels with expected demand.”.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 191

Supply Chain Game Changer

SEPTEMBER 28, 2022

Historically Supply Chain was considered to include Procurement, Warehousing, Freight and Logistics. Supply Chain clearly influences Inventory levels and Inventory turnover. Procurement negotiates and sets the conditions for purchase of all goods and services, which by extension impacts cash flow.

Negotiating Skills 118

Negotiating Skills Negotiate Pricing Supply Chain Planning Software Supply Chain Strategy 118

BR Williams Supply Chain Management

JANUARY 18, 2021

Distribution management includes forecasting, transportation, warehousing, and delivery within the larger universe of logistics and supply chain management. Warehouse inventory management systems (WMS). Click here for warehousing and distribution options available to you. What is Distribution Management? Communication.

Inventory Reduction 89

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 89

Logistics Viewpoints

APRIL 10, 2023

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. This warehouse provides inventory storage for goods not yet ordered that will ship later. Mr. Jordan oversees a team of eight that does the demand, inventory, and production planning.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

Logistics Viewpoints

JULY 12, 2021

The stores place orders for merchandise electronically to the Store Support Center in Ankeny, and the orders are filled with shipments in company owned and operated delivery trucks from one of the DCs. Casey’s recently opened a new distribution center in Joplin Missouri; the retailer also operates warehouses in Ankeny and Terra Haute Indiana.

Supply Chain Planning Software 194

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Expense Reduction 194

QAD

JANUARY 19, 2023

Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. 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

RFgen

APRIL 20, 2023

OVERVIEW: Overview of Mobile Inventory Solutions What Problems Does Mobile Inventory Solve? With the growing reliance on digital technologies and reliable data, Oracle Fusion Cloud SCM has emerged as a powerful platform, enabling organizations to optimize their inventory control practices.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

synchrono

JANUARY 8, 2018

A few decades ago, Vendor Managed Inventory (VMI) was a hot topic. Many manufacturers saw it as a way to reduce inventory levels and costs. If they could get their suppliers to maintain ownership of raw materials or subcontracted components until consumed, inventory levels would naturally drop—on paper anyway.

Vendor Strategies 75

Vendor Strategies Inventory Reduction Inventory Manufacturing Procurement 75

SYSPRO Smarter ERP

APRIL 26, 2023

It also provides insights into how assets of the business, such as inventory, are being used. 5. Optimized inventory An ERP system typically allows manufacturers to reduce their inventory costs and capital tied up in inventory. Integrated business A big benefit of an ERP solution is business integration.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Optimization Software 98

Kanban Logistics

SEPTEMBER 9, 2021

The six largest sectors – Computer & Electronic Products; Fabricated Metal Products; Chemical Products ; Food, Beverage & Tobacco Products; Transportation Equipment; and Petroleum & Coal Products – had moderate-to-strong growth. Inventories were up 5.3%. Third-party procurement. Vendor-managed inventory (VMI).

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics 3PL Logistics Network Optimization Software 52

Talking Logistics

OCTOBER 12, 2018

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). Alexa Heads to the Warehouse (WSJ – sub. Warehouse Space Growing Tighter on Rising E-Commerce Demands (WSJ – sub. Alexa in the Warehouse.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Supply Chain Planning Software 101

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

RFgen

JUNE 5, 2016

Turning warehouse activities into digital information calls for mobile data collection devices. Managing inventory is a numbers game. To do this, managers must have a constant view of items being added and subtracted from warehouses and other distribution locations.

Warehousing 52

Warehousing Inventory Reduction Supply Chain Planning Software Inventory Management Software 52

RFgen

JUNE 5, 2016

Turning warehouse activities into digital information calls for mobile data collection devices. Managing inventory is a numbers game. To do this, managers must have a constant view of items being added and subtracted from warehouses and other distribution locations.

Warehousing 52

Warehousing Inventory Reduction Supply Chain Planning Software Inventory Management Software 52

SCMDOJO

JANUARY 23, 2023

It covers major supply chain processes such as managing supply and demand, warehousing, inventory control, transportation, and route optimization. It covers the three main procedures that make up effective supply chain planning: demand planning, sales and operations planning, and inventory and supply planning.

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

QAD

OCTOBER 5, 2021

In this area, enhancements include: QAD Manufacturing adds eSignature functionality for Inventory Detail and Transfer, Test Specifications and Production Orders Operations to improve productivity and reduce risk. This allows planners to improve promotion scheduling, enhance profitability and better adhere to budget constraints.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98

Supply Chain Shaman

NOVEMBER 21, 2017

This transfer of ownership reduced the effectiveness of procurement. Drones in warehouses using machine learning for real-time inventory and self-driving vehicles are transforming logistics. Stalled progress on metrics: 90% of companies find themselves stuck on key supply chain metrics (cost, inventory, growth, ROIC).

Supply Chain Planning Software 152

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

Supply Chain Game Changer

JANUARY 5, 2021

Featuring Our 12 Best Procurement Articles! Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For others it is tightly managed, actioned and used to determine Procurement’s effectiveness in either reducing losses or generating profit. Inventory levels. Spot buying.

Pricing Training 82

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 82

Arena Solutions

MARCH 9, 2023

With this seamless connection between cloud-native CAD and PLM systems , all stakeholders in the product development process including engineering, quality, procurement, and supply chain partners are always working on the same version of a design.

Supply Chain Design Software 77

Supply Chain Design Software Supply Chain Planning Software Modeling Software Optimization Software 77

Supply Chain Matters

AUGUST 2, 2022

Supply Chain Matters highlights the latest financial performance from bellwether firms in CPG , online retail, high tech and consumer electronics regarding ongoing supply chain related inflationary cost and supply impacts on performance. High Tech and Consumer Electronics. This compares to $4.9 Headwinds thus remain.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Planning Price Reduction 52

Unleashed

NOVEMBER 26, 2023

Unleashed software is an inventory management system that helps businesses be more efficient in their daily operations. It does this by centralising and streamlining many of the tasks involved in managing inventory stock. Because Unleashed is a perpetual inventory system, it updates your stock levels in real time.

Inventory Management Software 52

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

Precoro

AUGUST 31, 2023

Develop a Cost Reduction Strategy The finance team, procurement team, project managers, and department heads develop an estimation of future costs and a cost-saving strategy based on the processed data and business needs. Inventory Adjusting inventory levels can also contribute to cost savings. Is your inventory optimized ?

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

BlueYonder

JANUARY 21, 2021

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. In addition, 46% of the companies deemed “most innovative” in the study reported having 80-100% electronic connectivity with their trading partners. [4]

Agile and Lean Supply Chain 86

Agile and Lean Supply Chain Supply Chain Execution Optimal Sourcing Supply Chain Software 86

QAD

DECEMBER 16, 2021

Warehouses are full and short-staffed, affecting how merchandise is received. Because import freight is sitting on docks longer and warehouses receiving containers are backlogged, we’re also seeing a shortage of containers and chassis to move containers. QAD Sourcing manages the electronic RFQ process with suppliers.

Supply Chain Disruption 95

Supply Chain Disruption Optimal Sourcing Manufacturing Procurement Supply Chain Design Software 95

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

Unleashed

DECEMBER 12, 2023

It also acts as a crucial document for coordination among different teams – such as design, procurement, production, and quality control – ensuring everyone is on the same page when it comes to manufacturing. It’s a critical aspect of inventory management within a manufacturing environment. What is BOM management?

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

EMERGE App

JANUARY 21, 2019

The logistics function also includes inventory management. Using inventory management software will mitigate most of the work in managing and recording the flow of goods in the company. He still has warehouses where staff store, pack and handle inventory. This could be warehousing, transportation or freight forwarding.

Logistics Network Optimization Software 69

Logistics Network Optimization Software 3PL Inventory Management Software Supply Chain Design Software 69

Logistics Bureau

MARCH 3, 2020

The world’s most populous country is, after all, a major supplier to the West of electronics, furniture, machinery, plastics, sports equipment, shoes, clothing, toys, and much more. The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials.

Manufacturing Procurement 59

Manufacturing Procurement Global Supply Chain Software Supply Chain 59