Eliminating Excel in Purchasing, Inventory, Report and Shipping

Supply Chain Resilience. Really?

Supply Chain Shaman

DECEMBER 7, 2023

I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. Of the twenty companies interviewed, only one can answer the question, “Do you have a good inventory plan?” No technology in the market measures inventory health. Today, this is not the case.

Supply Chain Design Software

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software

10 Inventory Control Techniques That Are Evergreen

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

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing

Warehouse Inventory Management: Processes & Best Practices

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy. What is warehouse inventory management?

Inventory Management Software

Inventory Management Software Inventory Reduction Inventory Management Material Savings

When It Comes To Excess Inventory, Prevention Is Better Than Cure

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction

Inventory Reduction Material Savings Cost Reduction Strategies Inventory

QuickBooks Inventory Software [Complete Buyer’s Guide]

Unleashed

APRIL 3, 2023

If you’re currently managing your accounts through QuickBooks, it makes sense to look for an inventory management tool that complements your accounting system. While QuickBooks offers some inventory functionality, it might not have all the solutions you require.

Inventory Management Software

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Untangling The Tangled Web We Weave

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? The reason?

Supply Chain Planning Software

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What is Inventory Tracking? Methods, Challenges, & Systems

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. What is inventory tracking? It helps to reduce inventory shrinkage and loss.

Inventory Management Software

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

What is Inventory Management Software and How Does It Work?

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software

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4 Factors Fueling the Growth of Modern Data Hubs for Business Reporting

Silvon Software

SEPTEMBER 28, 2023

Silvon has noticed over the past several years that a shift towards a modern data hub architecture to support enterprise analytics and reporting has been driven by a number of key business drivers. A modern data hub supports self-service reporting. A modern data hub offers greater responsiveness to line-of-business users.

Procurement Analytics

Procurement Analytics Report Data Optimal Sourcing

The Top 15 Retail Trends for 2022

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software

Supply Chain Planning Software Trends Retail Forecasting Software

PAR Levels in Inventory Management (with Formula & Examples)

Unleashed

MARCH 7, 2022

PAR levels are used widely in industries that handle perishable items – such as hospitality and pharmaceuticals – to calculate the level of inventory needed for a given item so businesses don’t run out before their next delivery. The PAR level determines the optimum amount of inventory stock needed on hand after each order delivery.

Inventory Management Software

Inventory Management Software Inventory Reduction Inventory Management Examples

Do You Have What It Takes to be an Omni-Channel Experience Leader?

BlueYonder

MARCH 30, 2023

Have you had a chance to check out the Incisiv 2023 Omni-Channel Experience Index report ? These retailers excelled in offering distinctive experiences and demonstrated functional maturity across all evaluated areas. Delivery speed, the ability to customize, and order visibility drive differentiation and provide a competitive edge.

Real-time Visibility

Real-time Visibility Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics

Your Expert Guide to Inventory Audits: Best Practices & Tips

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

Inventory Reduction Inventory Inventory Management Software Forecasting Software

How To Jump

Supply Chain Shaman

APRIL 16, 2024

Can we build collaborative platforms for role-based discussions across commercial (sales and marketing) and operations (manufacturing, logistics, and purchasing) teams? Focus on improving operating margin, inventory turns, and revenue/employee simultaneously. in inventory value. The goal of the balanced scorecard?

Supply Chain Planning Software

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Xero Inventory Software: Read This Before You Invest

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

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software

Lifting The Gray Curtain

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? Rebuilding.

Optimal Sourcing

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software

Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

SEPTEMBER 27, 2021

Today, more than 1% of the world’s container ships are stuck off major ports. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. I volunteered to write a report on supply visibility. We never published the report. Reflection.

Supply Chain Planning Software

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Understanding Inventory Types: Navigating Different Systems for Ecommerce Success

ShipBob

AUGUST 23, 2023

Inventory is an important asset. And since ecommerce businesses deal with different types of inventory on a daily basis, it’s important that you understand all of them well. In this article, we demystify the main types of inventory, as well as ecommerce-specific inventory.

Inventory Management Software

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). Since 1990, the size of ships increased 3X, but the design of the west coast ports remained largely unchanged.

Supply Chain Design Software

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Complete Guide to the Order Management Process in Ecommerce

ShipBob

JANUARY 29, 2024

Why your business needs accurate order management The order management cycle How to streamline order management with ShipBob ShipBob builds next-level order management processes Order management FAQs Once a customer clicks the “Buy” button, their order’s journey begins. No problem. Finding that balance can be tricky.

Inventory Management Software

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software

Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

but when demand slowed, the pressure to reduce inventory becomes a lot higher. Supply chain visibility provides the ability to view and track inventory in real-time or near real-time across all modes from raw materials to finished goods at the customers door. Certain shipping lines are investing in the last mile companies.

Rail Software

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

How to Measure & Optimize Inventory Health For Ecommerce Success

ShipBob

DECEMBER 13, 2023

The success of any ecommerce business depends greatly on how it manages its inventory health. Now, for some, inventory health may not be an immediate concern. You might say, “I’ll just order plenty of inventory and wait until it sells out.” What is inventory health?

Optimal Sourcing

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The Beginning of the Beginning: A Progress Report on the Digitisation of Supply Chains

The Logistics & Supply Chain Management Society

MARCH 16, 2021

In a survey by the Institute for Supply Management released March 10, 2020, almost 75% of companies reported supply disruption due to Covid-19. Inventory tracking enables flexible e-Commerce fulfillment models and allows for managing shocks caused by shop closures. Covid-19—the global supply chain awakening. MORE FROM THIS EDITION.

Supply Chain Design Software

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Don’t Take a Holiday from Inventory Management

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

Inventory Management Software

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Digital Path to Purchase Decreases Retailers’ Reliance on Holiday Shopping

Enterra Insights

DECEMBER 4, 2019

It’s still important, but Lauren Thomas ( @laurenthomas ) reports, “Coresight Research … says the holiday season is becoming ‘less important’ for retailers, with more shopping taking place online throughout the year. As Thomas pointed out, inventory management is especially critical during the holiday season.

Procurement Solutions

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics

The Insider’s Guide to Choosing the Best Inventory Management Software for Your Business

RFgen

JUNE 8, 2023

Key Takeaways: Inventory management software with built-in automation has been found to increase accuracy and profits. There is no one-size-fits-all solution for inventory management software—it’s about the best product for your business objectives and industry. And with the average on-hand inventory quantities up 8.3%

Inventory Management Software

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software

The Ultimate Guide to Pick Pack and Ship Services for eCommerce

Ware2Go

APRIL 8, 2023

Pick pack and ship services are an essential part of the ecommerce supply chain. What Is Pick Pack and Ship? Pick pack and ship fulfillment is the process of picking products off of warehouse shelves and packing them into boxes to be shipped.

Warehousing

Warehousing Optimal Sourcing Shipping Inventory Reduction

Excel, ERP and Legacy Apps, Oh My! What Technology is Supporting Your S&OP Process?

Kinaxis

AUGUST 24, 2015

It never ceases to surprise me when I hear how many enterprises entrust a mission-critical task to the desktop spreadsheet software Excel®. Consider the Supply Chain Insights report, Research in Review (Nov 2014), that states: “Many companies have five to 30 Enterprise Resource Planning systems and two to three supply chain planning systems.

S&OP

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

Procurement Analytics

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies

Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands. Many traders and retailers faced inventory shortages due to delayed deliveries of goods.

Purchasing Skills

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The Annual State of U.S. Logistics Report – Added Candidness and Need for More Synchronization

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software

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This Week in Logistics News (April 23 – 29)

Logistics Viewpoints

APRIL 29, 2022

Amazon announces new changes to inventory limits. It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. And now on to this week’s logistics news. Walmart in the news: Walmart dangles deeper gas discounts for Walmart+ members.

Logistics Network Optimization Software

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The Best Supply Chain Company You Have Never Heard Of

Logistics Viewpoints

JULY 18, 2022

of in-stock products ship the same business day from our DCs; that is best of breed for any industry.” The goods flow through 2 import centers, 14 strategically located distribution centers in North America, 66 final mile shipping hubs, and nearly 1,700 branch locations. Products can be shipped to a work site or a place of business.

Supply Chain Design Software

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

Procurement Analytics

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing

Inventory Optimization 101 – Smart & Effective Inventory Management

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. Inventory strategy.

Optimal Sourcing

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software

Inventory Optimization 101 – Smart & Effective Inventory Management

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. Inventory strategy.

Optimal Sourcing

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software

Parsing McLane’s inventory and order data for suppliers

Alloy

MARCH 18, 2021

Visibility improves inventory management and more. With visibility into McLane’s inventory and shipments, brands can better predict orders and adjust production as needed to fill them. That meant McLane didn’t have enough inventory to cover retail positions. Division inventories and movements.

Inventory Reduction

Inventory Reduction Alloy Inventory Data

Ultimate Guide To Technologies That Are Transforming Supply Chains

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Inventory optimization: Coupled with demand forecasting, predictive analytics enables warehouses and DCs to optimize inventory levels.

Supply Chain Planning Software

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Why is Ship from Store critical to omni-channel best practices?

Vinculum

SEPTEMBER 28, 2021

As online commerce continues to grow, supply chain leaders and operations professionals in retail are rethinking the role of the store to optimize omnichannel fulfillment performance and better utilize inventory. With the ship from store model, retailers have been able to leverage store inventory. What is Ship from Store?

Shipping

Shipping Inventory Reduction Cost Reduction Strategies Price Reduction

17 Wholesale Software Features For SMEs To Look For

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

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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. After six months of analysis, we decided the best fit was the combination of growth, inventory turns, operating margin, and Return on Invested Capital. Popular Beliefs on Supply Chain Excellence Do Not Align With Results. .

Gartner

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement

Pet Food Manufacturing and the Pandemic: Inside an Industry Boom

Unleashed

AUGUST 3, 2021

This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet purchase in bulk, hoarding quantities?of New Zealand industry sources report that pet food suppliers sold? international shipping?problems, from ships on to trucks?also companions?as

Manufacturing Procurement

Manufacturing Procurement Food Inventory Management Software Manufacturing

How to calculate safety stock – with formulas and examples

Unleashed

NOVEMBER 26, 2020

How to calculate Safety Stock levels in Excel. You can calculate safety stock levels in Excel by setting up your spreadsheet as per the image below. The safety stock formula can be calculated in Excel with a simple table. Safety stock is a buffer of inventory held to protect against stock-outs. Stock outs and efficiency.

Examples

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing

Types of Procurement Reports: Definition & Benefits

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings

Supply Chain Resilience. Really?

10 Inventory Control Techniques That Are Evergreen

Trending Sources

Warehouse Inventory Management: Processes & Best Practices

When It Comes To Excess Inventory, Prevention Is Better Than Cure

QuickBooks Inventory Software [Complete Buyer’s Guide]

Untangling The Tangled Web We Weave

What is Inventory Tracking? Methods, Challenges, & Systems

What is Inventory Management Software and How Does It Work?

4 Factors Fueling the Growth of Modern Data Hubs for Business Reporting

The Top 15 Retail Trends for 2022

PAR Levels in Inventory Management (with Formula & Examples)

Do You Have What It Takes to be an Omni-Channel Experience Leader?

Your Expert Guide to Inventory Audits: Best Practices & Tips

How To Jump

Xero Inventory Software: Read This Before You Invest

Lifting The Gray Curtain

Supply Visibility: More Important Than Ever. Yet Elusive.

Understanding Inventory Types: Navigating Different Systems for Ecommerce Success

You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Complete Guide to the Order Management Process in Ecommerce

Management of Ocean Transit Time Reliability and Visibility

How to Measure & Optimize Inventory Health For Ecommerce Success

The Beginning of the Beginning: A Progress Report on the Digitisation of Supply Chains

Don’t Take a Holiday from Inventory Management

Digital Path to Purchase Decreases Retailers’ Reliance on Holiday Shopping

The Insider’s Guide to Choosing the Best Inventory Management Software for Your Business

The Ultimate Guide to Pick Pack and Ship Services for eCommerce

Excel, ERP and Legacy Apps, Oh My! What Technology is Supporting Your S&OP Process?

Seven Mistakes You Wish Your CFO Had Not Made You Make

Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Annual State of U.S. Logistics Report – Added Candidness and Need for More Synchronization

This Week in Logistics News (April 23 – 29)

The Best Supply Chain Company You Have Never Heard Of

Seven Mistakes You Wish Your CFO Had Not Made You Make

Inventory Optimization 101 – Smart & Effective Inventory Management

Inventory Optimization 101 – Smart & Effective Inventory Management

Parsing McLane’s inventory and order data for suppliers

Ultimate Guide To Technologies That Are Transforming Supply Chains

Why is Ship from Store critical to omni-channel best practices?

17 Wholesale Software Features For SMEs To Look For

Who Should Be In The Winner’s Circle?

Pet Food Manufacturing and the Pandemic: Inside an Industry Boom

How to calculate safety stock – with formulas and examples

Types of Procurement Reports: Definition & Benefits

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