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 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

Supply Chain Shaman

NOVEMBER 9, 2014

They had seen my videos on the website and needed a speaker for their global kick-off meeting. This team is not buying the message. So much so, that three years ago, I founded a research company to focus on understanding supply chain excellence. My favorites are customer service, operating margin, inventory turns, and ROIC.

Manufacturing Procurement 318

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 318

Logistics Viewpoints

MARCH 29, 2021

“Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. For a more comprehensive explanation of this project you can view the video of the panel. It also includes information taken from HWI’s web site. Then Covid hit!

Optimal Sourcing 189

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 189

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 323

ToolsGroup

MARCH 25, 2020

Had they gone public (nice in hindsight), they could have had funds to ride out the dot.com era and to buy the company that bought them. A system that optimizes inventory (especially in a time of turmoil) can remove excess capital and focus those resources on products in high demand. Some projects make money to fund other projects.

Supply Chain Planning Software 168

Supply Chain Planning Software Optimal Sourcing Gartner Optimization Software 168

Supply Chain Game Changer

SEPTEMBER 15, 2021

Featuring Our 10 Best Inventory Management Articles! Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Subscribe Here!

Inventory Management Software 98

Inventory Management Software Manufacturing Procurement Inventory Management Supply Chain Planning Software 98

Logility

MAY 22, 2020

Users are accustomed to building everything in Excel and manipulating the data as needed for their own particular use, typically using static reports or spreadsheets that are siloed in specific departmental needs. A key first step is to have buy-in at the highest level of the organization. Starting at the Top. Other Suggestions.

Analytics Software 148

Analytics Software Metrics Supply Chain Design Software Supply Chain Software 148

Logility

MARCH 24, 2021

Revenue and demand Service levels Inventory levels Profits and margins Cash flow. These critics sensed a sinister “rebranding” ploy designed to get companies to purchase technology and services they already own but perhaps have not fully implemented. Don’t end up like the proverbial “two bald guys arguing over a comb.”

Supply Chain Planning Software 176

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 176

John Galt

JUNE 11, 2025

Customer Portal Partner Portal Contact John Galt Solutions Atlas AI-driven SaaS platform that connects and orchestrates your entire supply chain.

Forecasting 68

Forecasting Forecasting Software Supply Chain Planning Software Supply and Demand 68

DELMIA Quintiq

JULY 5, 2017

From my previous blog post , it’s clear that the road to achieving sales and operations planning (S&OP) excellence is not an easy one. Watch the video below to see how to address your biggest S&OP workflow challenges. They also experience lower safety stock and inventory levels.

S&OP 136

S&OP Supply and Demand Modeling Optimal Sourcing 136

Logistics Viewpoints

NOVEMBER 30, 2020

Finally, inventory accuracy can never be as high in a store as in a warehouse. 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.” Target charges $9.99

Procurement Analytics 100

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 100

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. The following video provides a quick lesson about how barcodes work. ” • 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

JANUARY 4, 2022

A subset of eCommerce, social commerce supports engagement with consumers, and elicits user-generated social contributions to assist the buying and selling of products and services online. Adding this technology means consumers can use a phone or laptop to see a live video of their room with the new furniture.

Trends 98

Trends Modeling Software Predictive Analytics Software Supply Chain Planning Software 98

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 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. Excelling in online selling and logistics may convince your customers that your service is still the most cost-effective and efficient.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

The Network Effect

APRIL 16, 2015

Business sense tells us that we want to sell what we make, or buy; we want to carry in available stock and we want to keep our supply chains operating at minimum costs and maximum speed to provide these goods to the customer. Defining the value propositions for why customers will buy a product is critical to the business strategy.

Modeling 100

Modeling Supply and Demand Gartner Demand Planning Software 100

Enterra Insights

NOVEMBER 2, 2021

Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of-consumption.’ This could be a replacement for the old term of Production and Inventory Management since it is now included within the broad definition of SCM.”.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 130

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 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

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 52

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

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

Precoro

JULY 29, 2024

An online procurement system, also known as e-procurement software, is a digital platform designed to streamline and automate the buying process within an organization. At its core, an online procurement system centralizes purchasing activities. At its core, an online procurement system centralizes purchasing activities.

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Forecasting Software 105

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 98

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

BlueYonder

NOVEMBER 10, 2023

Inventory Processing and Order Management Efficiency Has Become a “Make” or “Break” Issue One of the main challenges WD&M faces is transforming away from legacy approaches to inventory processing and order orchestration, as well as moving toward solutions primed to handle omni-channel. The result? So, what’s the solution?

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Real-time Visibility Demand Planning Software 105

Supply Chain Game Changer

NOVEMBER 6, 2019

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. The idea of buy online and pick up in-store (BOPIS) can leverage supply chains in two ways.

Analytics Software 71

Analytics Software Procurement Analytics Analytics Warehousing 71

Unleashed

OCTOBER 4, 2020

It ensures consistent repeat purchases over time, regardless of price, convenience or even a global pandemic. AB InBev partnered with Somnis Bedding , a Belgian mattress manufacturer, to buy and operate a custom-built machine to produce face masks for employees, customers, and partners. An apt example is Corona beer.

Sourcing Strategies 82

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 82

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Certified in Production and Inventory Management (CPIM) : The course covers ground such as knowledge of production and inventory management, internal operations, and customer relations.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 98

Logility

MARCH 30, 2020

Dan Gilmore of SC Digest recently posted in his Supply Chain Video News for the week of March 16 a surprising stat released by ISM. Achieving robust supply chain data management capabilities requires: The establishment of organizational roles and business processes that continuously drive towards supply chain data management excellence.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Disruption 130

Supply Chain Game Changer

AUGUST 21, 2019

It is also sometimes known as “buy online, pick up in store”, or BOPUS for short. Consumers around the world are showing a growing appetite for the speed and convenience of the buy online, pick up in store model. It may also be a good idea to create a short explainer video to use across social media.

Purchasing Training 63

Purchasing Training Cost Reduction Strategies Purchasing Skills Resource Reduction 63

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 59

Inventory Reduction Cost Reduction Strategies Expense Reduction Retail 59

Stord

MAY 21, 2024

Rising Tension: Turning the Page on Fulfillment Software Brave Books, like many brands, started out managing inventory with Google spreadsheets (many brands we talk to think that a whiteboard is sufficient). This meant inventory records were easily inaccurate, with one wrong keystroke causing everything to get out of sync.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Supply Chain Software Software Inventory Reduction 78

Unleashed

DECEMBER 19, 2018

Multichannel selling allows customers to shop and purchase through whichever channel they prefer. Each channel offers a separate opportunity to interact with the brand and make purchases. When businesses are looking to buy from other businesses, the B2B model comes into play. What is multichannel selling? What is B2B eCommerce?

Manufacturing Procurement 60

Manufacturing Procurement Modeling Software Sourcing Strategies Price Reduction 60

SupplyPike

JANUARY 16, 2020

An SSO is usually requested by the buyer or replenishment manager, but the analysis of which stores need inventory and how much is often left up to the supplier. Committed Buy SSO. A “committed buy” SSO occurs when Walmart guarantees to buy a certain number of units. Next, you’ll need to manually combine them in Excel.

Forecasting 52

Forecasting Vendor Strategies Eliminating Excel in Purchasing Inventory Reduction 52

Freightos

AUGUST 26, 2015

The businessman’s news source of choice, global export and import volumes (as well as buying trendings) are key to informing supply chain professionals. A weekly overview of logistics news together with a gem of a music video. Check out his “Heijunka” post and his video on leadership. milesahead. Weaver_davidw.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

GlobalTranz

FEBRUARY 25, 2015

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. Watch the video for more details, or you can just read Pocket-lint’s paraphrased summary below.

Internet of things 120

Internet of things Manufacturing Procurement Logistics Network Optimization Software Supply Chain Network Software 120

Supply Chain Game Changer

MAY 29, 2019

Good inventory management and the right pick and pack software will help you ship orders with maximum speed and accuracy. Your inventory storage strategy and your pick and pack methods are key here. You might organize your inventory the way you organize your closet. Inventory Storage Strategies. Order picking.

Inventory Management Software 79

Inventory Management Software Supply Chain Design Software Analytics Software Logistics Network Optimization Software 79

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Optimal Sourcing 98

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 98

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. Keeping all the data when it comes to a company’s purchasing process, let alone organising it, is a daunting task. You should think about: What are your inventory needs, and why?

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59