QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. and bring inventory accuracy up to an impressive 99.9%. Inventory tracking is the most successful use case for RFID technology.

Manufacturing Procurement 90

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 90

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 52

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

Logistics Viewpoints

DECEMBER 2, 2021

import volumes still climbing (see Figure 1), limited processing capacity at key West Coast ports and the International Longshore and Warehouse Union (ILWU) contract expiring next summer, importers will be scrambling to maintain the inventory they need to support the demand increase.

Predictive Analytics Software 313

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 313

Supply Chain Shaman

SEPTEMBER 27, 2021

Linkedin Comment Donald Cavin Data Warehousing Consultant at Ohio State University Comprehensive Cancer Center-James Cancer Hospital & Solove Research Institute. In 2004, I joined AMR Research, a Boston Analyst firm. We remain committed to open content research and firmly believe that content should never be behind a paywall.

Supply Chain Planning Software 339

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 339

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. Traditionally the holiday shopping season has been a make-or-break time for retailers.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

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

Logistics Viewpoints

DECEMBER 14, 2021

Millions of shoppers, like my Dad, are not going back to their old habits because there are now faster and more convenient ways for buying daily household needs. It excels on a union of E-Commerce mobile apps and last-mile delivery innovations. Inventory Optimization. Supply Chain Digitalization & Autonomous Planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

The Logistics & Supply Chain Management Society

APRIL 19, 2023

Through trade, countries are able to buy agri-food produce from other parts of the world that are not able to grow efficiently on their own land (or region) or are not in season. In terms of time, the agriculture sector also needs to deal with seasons, where harvesting goes in cycles.

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130

Vanguard Software

APRIL 22, 2021

Breaking up with Excel: Digital Sales Planning Success with Concord Foods. People : Consumers and key stakeholders increasingly expect the brands they buy and support to address sustainability issues. Profits : Although many people think there is a tradeoff between sustainability initiatives and profitability, research shows otherwise.

Supply Chain Planning Software 40

Supply Chain Planning Software Sustainability Supply Chain Software Optimal Sourcing 40

Unleashed

AUGUST 3, 2021

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? This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

ThroughPut

MARCH 25, 2024

Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. Improved Supply Chain Resilience Anticipating demand fluctuations allows companies to adjust their inventory levels proactively, thereby reducing the risk of stockouts or overstocking.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Shaman

SEPTEMBER 30, 2014

This trend spawned chains like Trader Joes, Walmart, Whole Foods, etc. Consumers want to shop anywhere, and buy in the way that they want to buy. In my research, I do not see that any retailer has really redefined value chains through collaboration. Current State of Perpetual Inventory. Get Good at Data Sharing.

Optimal Sourcing 299

Optimal Sourcing Forecasting Forecasting Software Supply Chain Network Software 299

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 This could involve streamlining the purchasing process, offering flexible payment options, or implementing hassle-free returns and exchanges.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Supply Chain Shaman

AUGUST 14, 2016

A Demand-Driven Value Network as defined by AMR Research in 2007: A network that senses demand with minimal latency to drive a near real-time response to shape and translate demand. The focus is on channel data: price; inventory positions; and policies. We then began the discussion on outside-in processes. Market-Driven Processes.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

BlueYonder

JANUARY 23, 2023

I love a recent quote from Trend Micro COO: “Make your employees feel like Superhero’s” – afterall, they are the one’s doing the heavy lifting. In fact, the buy online pickup in store (BOPIS) and delivery options have added to the frontline workers list of tasks to be completed. So what really makes 2023 different? Handheld devices.

Inventory Reduction 85

Inventory Reduction Price Reduction Expense Reduction Cost Reduction Strategies 85

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. And to put icing on the cake, predicting future product trends and consumer demand has never been easier thanks to new AI tools. billion by 2027.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

Supply Chain Shaman

JULY 5, 2016

However, based on my current research, I can no longer say this. Both Kimberly-Clark and P&G are going backwards on operating margin while making progress on inventory turns. As the company spiraled in the updraft of the market, it built inventory. billion in inventory charges in April 2001. Take a look at Figure 1.

Supply Chain Planning Software 150

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

Supply Chain Game Changer

AUGUST 30, 2021

Inventory Management Beyond the Mystery (Ebook). Goldratt and Jeff Cox convey lessons in improving processes and operational excellence through a story about a small-town factory that’s heading for disaster. He sees all the parts of a business as being connected, from purchasing and HR to sales and marketing. 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

APRIL 7, 2016

It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. In the outside-in supply chain, the signals are from the buy and sell-side markets back to the enterprise. I am not quite sure. It evolved over time. I am a manufacturing gal by training. As a result, costs and waste abound.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Supply Chain Shaman

JULY 3, 2017

As a result, supply chain leaders focus on unrealistic goals of inventory or costs, they will throw the system out of balance. We are making a mistake of having companies tasked with a force march to implement the “tightly integrated supply chain” that is inflexible and cannot sense market trends. This is often the case.

Inventory Reduction 158

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

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Inventory management. To help support new customer trends (e.g. Warehousing and storage. Freight forwarding.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design 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. Read more: The 10 inventory management trends to watch for in 2022 Reverse logistics is another name for a backwards supply chain What steps make up the reverse logistics process?

Reverse Logistics 98

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

Turvo

SEPTEMBER 24, 2021

On the surface, the Amazon Effect is the new standard of excellence that all customers have come to expect following the break-neck speed and low-cost, if not free, shipping associated with Amazon purchases. And customer satisfaction drives profit growth. Focus on both short-term and long-term goals.

Logistics Network Optimization Software 70

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

Precoro

JULY 9, 2023

According to research by Ardent Partners in 2023, over two-thirds of invoices are linked to a purchase order, indicating that about one-third of invoices are not. While it may be tempting to assume that skipping purchase order creation speeds up the procurement process, the study emphasizes the disadvantages of such an approach.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing 98

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

Kinaxis

MARCH 3, 2017

by Trevor Miles These were the words that popped out at me during an excellent presentation by Alex Brown of Xilinx during his keynote presentation. Alex addressed one aspect of this issue during his presentation when he discussed the Economic Order Quantity calculation, a classic of all Industrial Engineering and Operations Research courses.

Purchasing Skills 100

Purchasing Skills Forecasting Supply and Demand Optimal Sourcing 100

RFgen

SEPTEMBER 9, 2014

Establishing directives like inventory control is one of the first things a newly-minted supply chain leader should do as they start a new position. Maximize And Optimize Inventory and Efficiency. Martinez also explained that minimizing excess inventory will have a very visible and immediate impact with cost savings.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 52

RFgen

SEPTEMBER 9, 2014

Establishing directives like inventory control is one of the first things a newly-minted supply chain leader should do as they start a new position. Maximize And Optimize Inventory and Efficiency. Martinez also explained that minimizing excess inventory will have a very visible and immediate impact with cost savings.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 52

Supply Chain Shaman

JUNE 14, 2014

In Figure 1, I share a composite orbit chart of progress of Cisco Systems, Intel, Samsung and Flextronics on the Effective Frontier at the intersection of inventory turns and operating margin for 2006-2012. However, no company in this chart is on a linear path towards improving both margin and inventory turns. What can we learn?

Optimal Sourcing 287

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 287

Supply Chain Insights

APRIL 20, 2017

One of my tenants for good parenting is to understand that your child is likely moving at a much faster pace of emotion and intelligence than you did; and the continual challenge is to be out front of the issues and trends at least enough to be prepared to guide, counsel and nurture them as they move through each stage of life.

Supply Chain Planning Software 110

Supply Chain Planning Software Costa Rica Manufacturing Procurement Eliminating Excel in Purchasing 110

Logistics Bureau

JANUARY 21, 2020

In this retrospective of the highs and lows of the year, learn which retailers excelled, and which ones looked like they might be struggling in the fiercely competitive online retail arena. The necessity to increase inventory levels. The need to move inventory around and adjust networks to be closer to customers.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Retail 52

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. Overall Trends in Consumer Value Networks. Disintermediation.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Supply Chain Shaman

JANUARY 8, 2014

The research is the fun part of the process. Which metrics do you think matter to supply chain excellence? The ultimate metric of success used by Starbucks was the percent of coffee purchased from CAFE Practices verified farmers. We were driven more by trends and data; and less by emotion. I will be in the pool a lot.

Procurement Analytics 260

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 260

Vinculum

AUGUST 5, 2022

The e-commerce trends are pretty exciting to significantly serve the business purpose and consumer demands. These days B2B e-commerce trends are grabbing a vast crowd to enhance the market’s sales greatly. B2B e-commerce trends in 2022. Internet as the new hub. With a click, you get the things displayed on the screen.

Trends 52

Trends Logistics Network Optimization Software Demand Planning Software Expense Reduction 52

Talking Logistics

DECEMBER 6, 2018

As consumers continue to purchase goods at greater frequency and trade regulations become more complex, supply chain professionals are striving to establish end-to-end control of their business operations. So, if visibility is a key element of success, how does an organization obtain it and excel? Better visibility, more value.

Real-time Visibility 117

Real-time Visibility Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 117

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.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52