Logility

AUGUST 4, 2022

Your ship’s come in! Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. Then, as port problems eased, a glut of inventory – a phenomenon known as the “ bullwhip effect.” That’s a good thing, right?

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

GlobalTranz

DECEMBER 11, 2014

Today begins our series about electronic data interchange or EDI in transportation. What is Electronic Data Interchange? First we must understand and get on the same page of what is Electronic Data Interchange, or EDI, as it is not only used in the transportation industry. How does Electronic Data Interchange (EDI) Work?

Electronics 262

Electronics Transportation Data Resource Reduction 262

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

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

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. That’s where advanced shipping notice (ASN) comes in. When a buyer places a PO, it can be sent to their vendor via Electronic Data Interchange (EDI).

Shipping 52

Shipping Inventory Management Software Vendor Strategies Inventory Reduction 52

Logility

JULY 5, 2023

Take for example, a leading consumer electronics company utilizing generative AI to predict demand for its products during the holiday season. This leads to optimized inventory levels, reduced stockouts, and enhanced customer satisfaction. This leads to optimized inventory levels, reduced stockouts, and enhanced customer satisfaction.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Modeling Scenario Planning 191

3PL Insights

JULY 11, 2018

EDI stands for Electronic Data Interchange. This refers to the electronic interchange of documents between companies. Electronic interchange of documents is far more efficient and less expensive than exchanging paper documents, as EDI costs less than a dollar. Here’s what you need to know about EDI and ASNs. What is EDI?

Electronics 56

Electronics Shipping Data Supply Chain Network Software 56

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

Logistics Viewpoints

JANUARY 22, 2024

But electronics; industrial and manufactured; and apparel, footwear, and textiles make up the bulk of products detained. They can also order online and have goods shipped to their home. 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

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

Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. Those industries include data communications, medical, industrial, automotive and consumer electronics. But they were very basic.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

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

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

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

PINC

APRIL 29, 2020

live/drop, type of inventory, type of equipment, load status, etc.). There’s no more the need for gate personnel or shipping and receiving office teams to interact with drivers at check-in and check-out. The post Practicing Social Distancing while Keeping Inventory Moving during COVID-19 pandemic appeared first on PINC.

Demand Planning Software 147

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

ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting 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

EMERGE App

DECEMBER 6, 2023

Within the global supply chain, vendor-managed inventory (VMI) is becoming an essential service. That is why most retailers will opt for managed inventory to guarantee an increase in delivery rates. Both the supplier and retailer will share their demand and inventory information so that the vendor adjusts the delivery parameters.

Vendor Strategies 52

Vendor Strategies Inventory Management Software Inventory Reduction Forecasting Software 52

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. The finished products are then ready to be shipped to big box retailers like Target, Dick’s Sporting Goods, Walmart. They also ship to Amazon to support ecommerce sales.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

GlobalTranz

OCTOBER 15, 2018

E-Commerce Growth Is Incompatible With Stagnate Freight Shipping Strategies E-commerce growth can boggle the mind. Unfortunately, shippers using traditional freight shipping strategies, including limited use of Intermodal freight shipping, will result in added expenses and delays in moving e-commerce freight. Download Here.

Freight 120

Freight Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 120

Logistics Viewpoints

JUNE 17, 2021

In shipping, this translates to taking every precaution necessary and delivering exactly to a consumer’s specifications. White glove shipping may include these particular services and solutions: Home delivery that involves assembly, installation and setup.

Transportation Management 194

Transportation Management Logistics Network Optimization Software Transportation Supply Chain Software 194

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

Logistics Viewpoints

SEPTEMBER 6, 2023

Amazon’s patent for anticipatory shipping generated quite the media buzz a decade ago. The authors then describe the progress necessary for something like anticipatory shipping to change business models. I do not believe that Amazon has utilized anticipatory shipping in the way that I envisioned when I first learned of it.

Shipping 234

Shipping Inventory Reduction Predictive Analytics Software Cost Reduction Strategies 234

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

Ware2Go

NOVEMBER 6, 2021

Offering international shipping in your ecommerce shop can open your business up to a world of opportunity. This straightforward guide defines some commonly used terms and outlines your options to ship cross-border and expand your customer base. For DDP shipments, the seller pays the duties upfront before shipping the item.

Shipping 52

Shipping Procurement Analytics Purchasing Skills Supply Chain Planning Software 52

GlobalTranz

NOVEMBER 3, 2015

Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. Staying Strategic in the Warehouse with Better Inventory Flow. Throughout the entire order fulfillment process, companies have a duty to ensure optimum warehouse efficiency by appropriately controlling inventory flow.

Inventory Reduction 120

Inventory Reduction Vendor Strategies Cost Reduction Strategies Waste Reduction 120

Ware2Go

DECEMBER 8, 2021

Learn how a perpetual inventory system can improve customer experiences, decrease inventory carry costs, and simplify your inventory management. Inventory is often SMB’s largest asset and managing it effectively makes or breaks the business. But how do emerging companies put a perpetual inventory system in place?

Inventory Management Software 52

Inventory Management Software Forecasting Software Optimization Software Demand Planning Software 52

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

Logility

JUNE 21, 2022

There are many places fulfillment can be delayed – from an antiquated order acceptance process to lack of inventory to logistical complexities. Even among those who don’t expect same-day delivery, 80% expect same-day shipping. It’s on a ship somewhere, you guess. Inventory planning and optimization. Automated fulfillment.

Modeling 173

Modeling Supply Chain Planning Software Demand Planning Software Supply Chain Software 173

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

Intelligent Audit

JUNE 29, 2021

The COVID-19 pandemic drastically changed both the world and how companies conduct business, especially regarding how pharmacies are shipping pharmaceuticals. Why and How the E-Commerce Explosion Carried Over Into Pharmacies Due to the COVID-19 pandemic, online pharmacies that specialize in shipping pharmaceuticals grew exponentially in 2020.

Pharmaceutical 52

Pharmaceutical Prescriptive Analytics Software Shipping Analytics Software 52

Intelligent Audit

JUNE 29, 2021

The COVID-19 pandemic drastically changed both the world and how companies conduct business, especially regarding how pharmacies are shipping pharmaceuticals. The business of shipping pharmaceuticals involves the transportation of high-value medication that requires the most accurate up-to-date data.

Pharmaceutical 52

Pharmaceutical Prescriptive Analytics Software Shipping Analytics Software 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

SupplyPike

JUNE 26, 2019

An EDI 856 is known as an Advance Shipping Notice (ASN). This could include: Carrier information Description of products and their respective quantities Tracking numbers Purchase order numbers Barcodes for each container/carton Types of packaging used Configuration of items in the shipping container/transportation equipment.

Shipping 62

Shipping Manufacturing Procurement Packaging Warehousing 62

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?

Supply Chain Planning Software 98

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