Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. RPA is an excellent tool for automating laborious processes currently executed manually.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

Taulia

NOVEMBER 28, 2021

Inventory management is a core procedure in most businesses’ daily operations, ensuring that goods and materials are where they ought to be when they’re needed. But to get the most out of your inventory management process, you need to intelligently monitor performance. Average inventory.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

OptiProERP

JANUARY 17, 2023

Manufacturers need specific functionality to run their businesses effectively. Let’s examine what ERP functionality is critical for discrete manufacturers. Inventory Management. Having the right inventory on hand to build your products is crucial. It should track the status and location of every inventory item.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 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

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

Logility

AUGUST 24, 2023

It enables you to figure out the “what,” the “when,” the “where,” and the “how many” behind all your manufacturing activities: What: Determine the exact product mix you’ll need to produce to satisfy customer demand. Your master production schedule also enables you to understand the constraints across your entire manufacturing network.

Supply Chain Planning Software 147

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

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. When it comes to customer service, how you manage your WooCommerce order fulfilment plays a vital role in meeting customer expectations. It includes tasks such as managing inventory, packing and shipping customer orders, and processing returns.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

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 80

Inventory Management Software Inventory Reduction Inventory Management Material Savings 80

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

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. D2C logistics and eCommerce can still be burdensome for manufacturers who are not well-established in these areas.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

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

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. These functions include procurement, production planning, inventory management, logistics, and customer service. Ensure timely delivery of goods and minimize procurement costs.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Unleashed

FEBRUARY 4, 2024

For retailers, inventory is more than just a list of products: It’s also the mainstay of your retail operations, the source of your revenue, and the foundation of customer satisfaction. Retail inventory management is therefore the key to managing inventory costs and movements effectively.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 52

Unleashed

AUGUST 28, 2022

The manufacturing industry is a thriving area that keeps finding applications for upcoming technologies in its various processes. Manual methods that relied solely on a keen eye are now the core of some leading manufacturing software. What is spare parts inventory management?

Inventory Management Software 97

Inventory Management Software Inventory Reduction Inventory Management Demand Planning Software 97

Locus

JUNE 23, 2023

If customers do not receive their orders on time, they won’t buy from that company again. With an efficient order fulfillment process, businesses can reduce their shipping costs and improve their turnaround times which helps them increase their sales and revenue. How many orders am I currently shipping?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Vendor Strategies 52

Logistics Viewpoints

MARCH 29, 2021

HarbisonWalker International Manufactures and Distributes Refractory Products. But refractories are used in a wide variety of industries, particularly manufacturing industries with high temperature or corrosive production processes. The sourcing centers shipped over 130,000,000 pounds of product last year.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

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

ShipBob

NOVEMBER 6, 2023

They can be as simple as counting physical stock levels and cross checking against records, or as involved as hiring a third party auditor to assess all of your inventory procedures. Here are a few of the most common inventory audit analyses and procedures used. Learn more about inventory reconciliation here.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

ShipBob

MARCH 30, 2020

Now more than ever — at a time when people are choosing online over in-store to adhere to social distancing practices — the communicated speed at which consumers will receive their orders can play a deciding role in whether they choose to buy from your online store or a competitor’s. What is ecommerce logistics? Warehousing and storage.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Logistics Supply Chain Design Software Inventory Management Software 90

ShipBob

DECEMBER 13, 2023

Maintaining a balanced level of ecommerce inventory so that you can achieve maximum profitability is what optimizing inventory health is all about. What is inventory health? Inventory health is the balance of maintaining stock levels that meet customer demand without leading to overstocking or understocking.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Background.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

SCMDOJO

AUGUST 4, 2023

By implementing effective inventory management and inventory reduction strategies, you can optimize your operations, enhance customer satisfaction, and ultimately boost your bottom line. Balance Sheet ($ millions) Current Asset Inventory $ 14.0 $ 9.0 Inventory Turnover COGS/Inventory $60/$14 = 4.3

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

GlobalTranz

FEBRUARY 16, 2016

Productivity increases from wearable voice command tools can increase factory warehouse efficiencies up to 30 percent, according to an article in Supply Chain Management Review. . An excellent Warehouse Management System (WMS) can help reduce costs by automating cycle counting, and maintaining location control.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

DELMIA Quintiq

SEPTEMBER 14, 2023

Medical Device manufacturers face an increasingly dynamic and intricate landscape. Innovative personalized manufacturing approaches have emerged, yet many organizations struggle to fully realize their potential in this rapidly evolving race.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

Vinculum

MAY 27, 2022

These days consumers choose more online modes or e-commerce concepts to purchase the stuff at their comfort level to satisfy their needs. What is more important in handling the e-commerce business model is the proper inventory management setup for the business’s success at its zenith. ABC Analysis. Dropshipping.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Unleashed

MAY 19, 2020

Leveraging the best manufacturing Enterprise Resource Planning (ERP) software, maximising productive efficiency, and accessing management expertise early , are the strategies that will set the best apart. Don’t purchase any supply chain solution that is not Cloud or SaaS based. Be careful where you get your advice from.

Supply Chain Planning Software 98

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

Supply Chain Game Changer

JUNE 3, 2021

Do you have a Freight Management Strategy or are you Spinning your Wheels? The goal of supply chains is to add value to the manufacturing and distribution processes. There have never been more product choices in the marketplace than there are now, thanks to globalization and technical developments in supply chain management.

Logistics Network Optimization Software 97

Logistics Network Optimization Software SCM Supply Chain Planning Software Supply Chain Design Software 97

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. The logistics industry is made up of a highly interconnected supply chain network that manufactures raw materials into finished products and connects producers and consumers through various channels. Inventory management. expecting same day delivery, two-day shipping, etc.)

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 million employees without a focus on good supply chain management.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

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. Advance shipping notification. Lean warehousing. Strengthening service levels by reducing lead times and boosting on-shelf availability.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

Supply Chain Game Changer

NOVEMBER 6, 2019

The rise of e-commerce was a significant change for supply chain managers and leaders. Customers now have access to anything their hearts desire, and inventory management has become a new animal. These analytics help supply chain leaders understand how to layout inventory across all shipping channels to maximize purchases.

Analytics Software 60

Analytics Software Procurement Analytics Analytics Warehousing 60

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

SCMDOJO

DECEMBER 29, 2022

Before diving into WMS issues, let’s understand the slight technical difference between warehouse management systems and warehouse automation. Warehouse Automation Definition: Warehouse automation uses technology and automated systems to streamline inventory management, storage, and shipping. Optimization Challenges.

Supply Chain Software 72

Supply Chain Software Warehousing Optimal Sourcing Optimization Software 72