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

Supply Chain Matters

APRIL 28, 2023

The following is a continuation of a supply chain technology thought leadership education series developed in collaboration with Replan. Such an environment requires manufacturing and supply chain processes to be able to more proactively sense, pivot and respond to market changes.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Supply Chain Game Changer

AUGUST 30, 2021

Subscribe to Supply Chain Game Changer. Inventory Management Beyond the Mystery (Ebook). Books can help students to absorb groundbreaking innovations, new concepts and teach them more about management practices. Alex Rogo, the plant manager, is desperately trying to save the factory. Subscribe Here!

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. It is a story of supply chain innovation. The products of Terra Technology are unique, but poorly understood by the mainstream supply chain team.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

SCMDOJO

FEBRUARY 20, 2023

Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

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

Supply Chain Shaman

APRIL 15, 2015

In the presentation, I shared data on the evolution of supply chain planning and the results on user satisfaction. Neither technology vendor is an industry leader in delivering a solution that fits the needs of the supply chain planner. Summary Data of User Satisfaction with Supply Chain Planning Applications.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Supply Chain Shaman

OCTOBER 8, 2019

After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing. The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The focus is on the role of supply chain finance in driving supply chain excellence.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

Supply Chain Shaman

OCTOBER 29, 2020

If the word collaboration was listed on a card as a drinking game at supply chain conferences, we would be drunk at many. While we speak of collaboration, the focus is on driving enterprise results not value in value chains. Cash-to-Cash Metrics. Inventory management is about much, much more than safety stock management.

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

Unleashed

JANUARY 24, 2022

Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory? Cleaning supplies – as well as the equipment needed for cleaning – is one of the main categories of MRO inventory What is MRO inventory management? Why is MRO inventory management important?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Logistics Viewpoints

NOVEMBER 30, 2020

That margin improvement is “partially offset by the impact of higher digital fulfillment and supply chain costs.”. According to Mr. Valdez, there were four critical improvement initiatives spanning inventory management, transportation, automation, and operational excellence. A buyer now “purchases for one business.”

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

Supply Chain Shaman

JULY 3, 2017

When I engage with supply chain leaders , I ask the question, “Are you making progress?” It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. The supply chain is a complex, non-linear system. Most are treading water.

Inventory Reduction 158

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 158

Logistics Bureau

NOVEMBER 16, 2020

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

NC State SCRC

JULY 23, 2017

The supply chain function impacts a company’s financial performance through improved operations in several areas of the business. Yet the purchasing company continues to pay the bill for these non-productive hours. Supply chain management has a significant impact on the Cost of Goods Sold spend.

Expense Reduction 66

Expense Reduction Inventory Reduction Resource Reduction Price Reduction 66

Supply Chain Shaman

SEPTEMBER 3, 2015

Next week is the annual Supply Chain Insights Global Summit , and summit preparation is on my agenda for the weekend. We feel so strongly about this that we do not have an inventory planning role.” Inventory is both. Companies need to carefully manage the asset and mitigate the waste. A heated debate ensued.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.

Logistics Network Optimization Software 90

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

ThroughPut

NOVEMBER 12, 2020

Warehousing is a vital function of global supply chain management, however often overlooked. McKinsey suggests that warehouse operations can be critical in presenting an untapped improvement opportunity in the supply chain. Manage critical KPIs. Lean warehousing.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

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

Elementum

FEBRUARY 7, 2024

These tasks range from simple data entry activities to more intricate operations like managing the supply chain. Especially transformative in manufacturing for predictive maintenance and in supply chain for efficiency, IoT’s real-time data feed enables proactive operational adjustments.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Game Changer

NOVEMBER 5, 2019

Subscribe to Supply Chain Game Changer. In fact it is often such a forgotten category that operations personnel are often left to fend for themselves in buying and securing supply. As such it can, out of necessity, become a source of rogue buying behaviour and risky purchases. How Should MRO be Managed?

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

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 is reverse logistics? But are they the same thing?

Reverse Logistics 98

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

Supply Chain Shaman

OCTOBER 11, 2012

“If only I had the money that the company was supposed to save from the multiple ERP and supply chain projects. This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management.

Inventory Reduction 246

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 246

Enterra Insights

JUNE 24, 2022

.” • Real-time data : “Each time an employee scans a barcode, it immediately updates inventory and sales numbers in the company’s enterprise resource planning (ERP) or business management system. ” • Inventory control : “Barcodes improve inventory management and reduce excessive spending on products.

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Unleashed

DECEMBER 2, 2020

A carefully calculated reorder point is therefore critical to good stock control, and keeps your key metrics looking healthy for your next inventory report. Calculating the reorder point in Excel. Calculating the reorder point in Excel – a caveat. Reorder Point = (4 bags used x 3 days lead time) + 38 bags. Go digital.

Procurement Analytics 85

Procurement Analytics Manufacturing Procurement Inventory Management Software Procurement Solutions 85

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. In a manufacturing setting, this step involves the purchasing of raw materials and production equipment.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. It is a key part of your company’s supply chain. Keeping all the data when it comes to a company’s purchasing process, let alone organising it, is a daunting task.

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

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

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. Executive teams strive to drive improvement in supply chain results; yet, sadly, only four percent of public companies succeed. The supply chain is a complex non-linear system. Now, I view the company as a supply chain laggard.

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

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

Taulia

JULY 5, 2021

As demand for the movement of goods across the globe and rapid delivery expectations become the norm, businesses seek ways to simplify their supply chain management. VMI streamlines inventory management and order fulfillment, benefitting both suppliers and buyers.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Supply Chain Shaman

JULY 6, 2020

This is a story for the Eds, Franks, and Toms working together in supply chains across the globe. It is also a story for a young supply chain manager attempting to make a difference, but feeling stymied. Efficient supply chains may not be the most effective. Need for Supply Chain Leadership.

Agile and Lean Supply Chain 295

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 295

Logistics Bureau

DECEMBER 20, 2016

Despite the apparent complexities involved in supply chain management, achieving excellence really doesn’t have to be too difficult. Just review and build on our three fundamental pillars of great supply chain management. Pillar 1: Supply Chain Service Alignment.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40