Remove Eliminating Excel in Purchasing Remove Inventory Remove Software Remove Transportation
article thumbnail

Just Jump

Supply Chain Shaman

While the secretarial pool argued about the merits of Word and Word Perfect, I sorted through their request for the latest typewriter with software memory. We explore the concept of holistic inventory strategies focused on the form and function of inventory. Only 15% of inventories are safety stock. Let me explain.

article thumbnail

Dancing in the Ring of Fire

Supply Chain Shaman

Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned. His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. What Is The Ring of Fire?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Best Supply Chain Management Software for Mac 2024

SCMDOJO

It is also a means to maintain a competitive edge and operational excellence. This comprehensive guide highlights software that stands out. For each recommended software, we will delve into the key features that set it apart. Hence, regardless of your specific aim, this article will shed light on the top software you need.

article thumbnail

Logistics Software: How to Make Handling Peak Times Easy

Logistics Viewpoints

This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. Logistics software is your ace in the hand, before, during and after the peaks.

article thumbnail

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Despite spending 1.1% Alignment Barriers.

article thumbnail

What is Inventory Tracking? Methods, Challenges, & Systems

Unleashed

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.

article thumbnail

16 Cost Reduction Strategies in Inventory Management

Unleashed

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that