Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Especially since many retailers have already purchased and shipped their goods ahead of the looming tariff changes. Getting the Right Tools for the Job.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

Unleashed

AUGUST 3, 2021

The growth in pet ownership in 2020-2021 has seen unprecedented demand in the pet food sector – a true industry boom. Here we provide an overview of the latest pet food industry trends, and answer the question: how can pet food manufacturers respond to changes in consumer demands to take advantage of these new trends? of pet owners?tended

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Herlitz Inventory Management

MARCH 24, 2022

Two HIMPACT customers have already rented extra warehouse space just to store forward bought inventory. If ever there was a time to take advantage of forward buying, this is it! Knowing that forward buying is important is only step one. To do so effectively, you need to first understand how much extra to buy. and 65.4%.

Pricing Training 52

Pricing Training Eliminating Excel in Purchasing Purchasing Training Vendor Strategies 52

DELMIA Quintiq

SEPTEMBER 14, 2023

Key challenges include balancing growth and market share over a five-year trajectory, coping with labor shortages, tackling ongoing supply chain disruptions, inefficient paper-based tracking, and struggling with poor inventory management and limited visibility. It can also ship in sequence based on specific customer order requirements.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. What’s happening in the industry right now, and what can you expect next? The question is: Where to from here? billion to $64,334.41

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Supply Chain Shaman

JANUARY 2, 2023

The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving. (The The team was not calibrated on the role of forecasting and the basics around process excellence. Bear with me. Be careful.

Supply and Demand 377

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 377

ThroughPut

MARCH 28, 2024

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

o9 Solutions

JANUARY 19, 2022

Written by: — Dirk Niederhäuser – Supply Chain Management Practice, IBM Consulting. Vikram Murth i – VP Industry Strategy, :o9 Solutions. Over the past few decades, retail supply chains were built for operational excellence, not agility. Robust Demand Forecasting is Critical for an Agile Supply Chain Response.

Sourcing Strategies 52

Sourcing Strategies Forecasting Inventory Reduction Inventory Management Software 52

o9 Solutions

JANUARY 19, 2022

Written by: Dirk Niederhäuser – Supply Chain Management Practice, IBM Consulting. Vikram Murth i – VP Industry Strategy, :o9 Solutions. Over the past few decades, retail supply chains were built for operational excellence, not agility. Robust Demand Forecasting is Critical for an Agile Supply Chain Response.

Sourcing Strategies 52

Sourcing Strategies Forecasting Inventory Reduction Inventory Management Software 52

Logistics Viewpoints

DECEMBER 12, 2022

Jeff Baker, Vice President of Shared Services at Myers Industries. Myers Industries Implements John Galt Solutions. Myers Industries (NYSE: MYE) is headquartered in Akron, Ohio in the United States. At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

EMERGE App

APRIL 5, 2024

The picture of wholesale distribution industry in 2024 The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 With those who just joined the industry, unsurprisingly you are facing immense struggles too. billion by 2028, growing at a compound annual growth rate (CAGR) of 6.5%.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Supply Chain Shaman

SEPTEMBER 10, 2023

I was working on a report on the Multi-Enterprise Inventory Management (often termed MEIO) and I challenged Pete. Was it that Kraft was not clear in its definition of supply chain excellence (which was true) or not clear on how to best use the system (which was also true)? What defines supply chain excellence?

Supply Chain Planning Software 256

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 256

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

ThroughPut

JUNE 4, 2020

It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory. Inventory optimization is also considered as the next level of inventory management for warehouse and supply chain managers. Lack of automation.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory. Inventory optimization is also considered as the next level of inventory management for warehouse and supply chain managers. Lack of automation.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. When the supply chain is sick, all industries suffer. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). meters, to accommodate ships with 20 rows of containers) and 15.2

Supply Chain Design Software 195

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

Enterra Insights

DECEMBER 4, 2019

Consumers are demanding faster shipping, better visibility and excellent customer experience from the places they shop. Smart retailers are adopting a digital-first or mobile-first strategy to take advantage of the growing number of consumers taking the digital path to purchase.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

ThroughPut

FEBRUARY 2, 2024

Static vs. Dynamic Inventory Management Without Advanced Supply Chain Analytics: Inventory management might be based on static rules or historical sales data, potentially leading to overstocking or stockouts. Amazon Amazon utilizes predictive analytics to optimize its inventory management.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

EazyStock

OCTOBER 24, 2018

When most inventory/supply chain managers think of their inventory, they think of it in terms of inventory management: how can I get by till the next period? This is where inventory optimization comes into play. This is where inventory optimization comes into play. What will I need to order?

Inventory Management Software 53

Inventory Management Software Inventory Management Inventory Reduction Inventory 53

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Followed by the benefits to reduce logistics cost of expedites, demurrage and detention (58%), increase cash on hand by improving inventory management (23%) and to optimize carrier performance (19%). Certain shipping lines are investing in the last mile companies. The challenges to achieving visibility?

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Procurement planning functionality (essentially the planning of future purchase orders) is typically a subset of broader supply planning applications that plan manufacturing work orders, inventory levels, shipments, as well as purchase orders, to meet demand.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The question is, “Why?

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

RFgen

MARCH 12, 2024

In inventory management, the FIFO (First-In, First-Out) method takes center stage, offering a performance of unmatched clarity and efficiency in the world of stock control. This inventory strategy mirrors the natural consumption and sales pattern, making sure that businesses can keep pace with demand. But how does FIFO work?

Inventory Management Software 78

Inventory Management Software Inventory Reduction Inventory Management Material Savings 78

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

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

Logility

AUGUST 24, 2023

You can then create a supply plan that stipulates which materials you should be purchasing and how you should be moving them between facilities to keep your supply chain balanced. This is where production planning software excels over enterprise resource planning (ERP) systems. Make sure your solution enables you to: Model constraints.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 147

Turvo

SEPTEMBER 24, 2021

As an innovator in customer service across multiple industries, this market giant has forever transformed the face of retail as it is known today. Thanks to the Amazon Effect, innovative supply chain strategies and state-of-the-art technological deployment have become the norm rather than the exception among industry leaders. .

Logistics Network Optimization Software 70

Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software Eliminating Excel in Purchasing 70

Unleashed

MARCH 26, 2023

If you’re running a product business and using Xero for your accounting, you’ll need to implement some form of inventory management. While the platform offers some inventory features of its own, many businesses will require something with greater functionality. Do you need integrated Xero inventory software?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 77

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 77

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. When an order is confirmed, the items need to be collected from inventory and packaged for shipment. However, they represent distinct stages.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

ShipBob

MARCH 2, 2023

How people feel when they interact with your business influences their buying behavior. A retail experience refers to how customers interact with your brand and how it makes them feel, which influences their decision to buy or not to buy. So, how exactly do you create an exceptional retail experience?

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

Supply Chain Matters

SEPTEMBER 10, 2022

Gretchen McCarthy, current Senior Vice President , global inventory management, will succeed Valdez and join Target ’s leadership team. She brings a deep understanding of business operations, with experience spanning supply chain transformation, merchandise planning and buying. The rest has been historic in overall achievements.

Supply Chain Strategy 59

Supply Chain Strategy Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 59

Vinculum

SEPTEMBER 28, 2021

With the ship from store model, retailers have been able to leverage store inventory. What is Ship from Store? Shoppers can utilize inventory at their store locations to fulfill orders through Ship from Store. It can reduce shipping costs and can maximize inventory turnover.

Shipping 52

Shipping Inventory Reduction Cost Reduction Strategies Price Reduction 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. Weighing and shipping technologies. For example, companies can track products throughout the entire lifecycle with RFID and GPS sensors.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

ShipBob

OCTOBER 24, 2022

Proper demand forecasting and inventory control can help ensure a business doesn’t buy insufficient or excessive inventory. Demand forecasting can help you spend less money on both inventory purchase orders and warehousing , as the more inventory you carry, the more expensive it is to store. Micro-level.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

SCMDOJO

MARCH 19, 2024

These functions include procurement, production planning, inventory management, logistics, and customer service. Demand Planning and Inventory management Inventory management is crucial for ensuring adequate stock levels and minimizing carrying costs. Enroll Now!

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 75

Unleashed

MARCH 7, 2021

Whether this is hiring new staff, purchasing new assets or upgrading existing technologies (i.e. moving to an automated supply chain or investing in inventory management software), there are fewer facilities needing upgrades. Potential for lower shipping costs upstream. Potential for higher shipping costs downstream.

Supply Chain Design Software 124

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 124

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. It helps you to meet any legal and regulatory obligations.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52