Supply Chain Event 2016

Supply Chain Movement

Supply Chain Event 2016. Supply Chain Event is the cutting-edge trade event of the year, presenting new solutions and technologies to optimize operations for an audience of 3000 supply chain managers and project officers. Date: 22-23 November, 2016.

Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

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.”

Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

Against my friends’ advice, I decided to drive to speak to 120 business leaders at the Gains Systems event. At the session, we discussed why companies have not made more progress on inventory management. Days of Inventory Pre and Post-Recession. Gaps in Inventory Strategies.

Design, Operating and Situational Inventory Trade-Offs

ToolsGroup

Gartner analyst Paul Lord has developed a framework to better understand inventory trade-offs by categorizing those decisions according to the objectives they are meant to achieve: structural, operational and situational. or “How can we reduce inventory and improve our balance sheet?”.

What is Inventory Carrying Cost?

EMERGE App

But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. What is Inventory Carrying Cost?

When is Inventory Too “Lean”? Finding the Right Balance

ToolsGroup

But we have also seen companies misinterpret the lean message when it comes to inventory. It's good to trim bloated inventory and free up working capital. But inventory optimization can actually contribute to a lean environment.

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5 Traits of a Great Inventory Manager

Unleashed

Inventory management is key to the success of any business, big or small. As your business grows, good inventory management will become even more crucial, and you may need to hire an inventory manager who can dedicate their time to ensuring it all runs smoothly. Being a successful inventory manager requires a broad range of skills and know-how. In this article, we explore the key attributes and tasks required of a good inventory manager. Ordering new inventory.

10 Commandments of Inventory Management

Supply Chain Opz

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations.

Don’t Take a Holiday from Inventory Management

Talking Logistics

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. Companies that have too much inventory on-hand right now are struggling to clear out space ahead of the season, slashing prices and concerning stakeholders as profit margins creep downward.

Getting Inventory Right: Hope with Hype and Recycled Software?

Supply Chain Shaman

It is my seventh year of speaking at this small, and intimate event. In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. It is morning in Orlando. The sun is rising.

5 Ways SMEs Can Improve Inventory Turnover

Unleashed

To ensure your small business is operating efficiently, effectively managing inventory and meeting customers’ needs, you should aim to improve inventory turnover. Inventory turnover is the number of times a business sells and replaces inventory within a specified timeframe. The inventory turnover ratio is used to determine the effectiveness of inventory control and how long a business takes to sell its on-hand inventory stock. Inventory health.

Fashion Retailers: Is inventory eating into your profits? (It is…)

Enchange Supply Chain Consultancy

This is not as regular an event as it may be for senior management but due to the imminent arrival of a few dry and summery days, I was in need of new shorts and T-shirts. CEO Inventory Management & Stock Control Supply Chain Analytics Integrated Business Planning retail

The Growth of Inventory Management

Unleashed

Inventory management originated even before the Industrial Revolution and has certainly evolved with time and expertise to become what it is today. The need for inventory management has always existed where trading was a livelihood and the stock management was imperative to protect one’s resources. A brief history of inventory technology. Inventory management specialists claim that a mere two drones can replace the work output of 100 people, which is quite impressive indeed.

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

What is vendor-managed inventory? VMI is the process whereby a supplier or vendor manages and replenishes inventory at a customer’s location at the levels required by the customer. The benefits of the vendor-managed inventory process include: Enhanced visibility for vendor.

Inventory Optimization: How to Handle Slow Movers

Supply Chain Nation

You may be wondering why the number of raspberry gourmet coffee boxes Kroger has in their inventory at their store in rural Georgia even matters, but it does and here’s why: Inventory management is a critical part of every company’s supply chain and is a large part of the operating costs in all industries. Handling inventory of fast movers, items that are sold quickly and in large amounts, is very well understood.

Omni-Channel Commerce – Event-Driven Labor and Workforce Management

Supply Chain Nation

Today’s supply chain is more event and customer driven than ever before. New pressures have resulted in more real-time, event driven processes and omni-channel fulfillment within the warehouse, the store, and the extended supply chain.

Expect the Unexpected: Planning Supply Chain Contingencies for Unpredictable Events

TMC

When these events happen, shippers are forced to execute emergency contingency plans and decisions, or manage as best they can if they don’t have a plan or have opted for a wait-and-see strategy. Expect the Unexpected: Planning Supply Chain Contingencies for Unpredictable Events.Connect.

Best Practice Inventory Control Techniques for Online Retailers

Unleashed

Successful inventory control enables retailers to meet customer demand by avoiding stockouts and reducing the risk of overstocking to free-up cashflow. It is crucial in the world of eCommerce, for even the smallest online retailer to have effective inventory control. Following are best practice inventory control techniques to help online retailers maintain control over their stock: ABC analysis. Here’s how to make the ABC analysis work for your inventory.

How Setting Par Levels Can Help Improve Your Inventory Control

Unleashed

Interestingly, par is also applied to inventory management. Par represents a level of inventory stock that is normal to have on hand to prepare you for any given circumstance. If your inventory stock levels go below the determined par level, this is a sign that more inventory stock is needed. The par level is ideal for maintaining a healthy balance of inventory stock. Business Tips inventory classification inventory control inventory management safety stock

Your supply chain is costing you money – Reason #6 Not effectively managing inventory.

Kinaxis

Reason #6 Not effectively managing inventory. Unfortunately, all the same kinds of things can happen to your supply chain inventory. Except that your inventory costs millions of dollars. So what strategies are out there to maintain inventories at the “right” level?

Benefits of Inventory Serial Number Tracking

EMERGE App

Regular readers will know that we’re big fans of using barcodes and handheld readers for inventory management. Next, we’ll examine the benefits of using serial number tracking for inventory. They do not form part of a saleable stock or the inventory of the business.

Three Rules of Inventory

Logility

Bryan Ball, vice president and principal analyst, supply chain management, Aberdeen Group, has outlined three rules to follow in his latest report, “ Inventory Optimization - Impact of a Multi-Echelon Approach.”

Three Rules of Inventory

Logility

Bryan Ball, vice president and principal analyst, supply chain management, Aberdeen Group, has outlined three rules to follow in his latest report, “ Inventory Optimization - Impact of a Multi-Echelon Approach.”

What is Web Based Inventory Management Software?

EMERGE App

You run a lean business model with minimal overheads and using web-based inventory management software plays a big part in this. And you expect the same standard for inventory management software. What to Expect from Web-Based Inventory Management Software. Introduction.

Inventory Turnover Breakthrough … Go Back To The Basics!

Supply Chain Game Changer

Check out World Class Inventory Turnover Breakthrough Elements! I had accepted a career changing challenge … how to change the company’s Inventory Turnover performance from being perennially worst in the Industry to being one of the best. Subscribe Here! Email Address.

‘Win the Moment’ at Kinexions ’19

Kinaxis

Excessive use of inventory, you’re out of the game!” Supply Chain Events Kinexions Supply Chain Eventby Bill DuBois “Delay of supply chain, that’s a penalty. Roughing the supplier, that’s two minutes.

10 Inventory Management Hacks You Can Do in 10 Days

Supply Chain Opz

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations.

Excess and Obsolete Inventory: You’re All Responsible for It!

NC State SCRC

The Supply Chain Resource Cooperative held its first ever “Executive Roundtable on Excess and Obsolete Inventory” on the NC State campus on October 25, 2017. The event was attended by 25 executives from a variety of different industries and backgrounds.

Inventory Optimization Maturity Curve: A Walkthrough

Logility

As I talk to customers and practitioners from all corners of the supply chain world, I find that Inventory Optimization has different meanings between companies, departments and even people within the same organization.

Inventory Management eBook: Batch & Expiry

TradeGecko

Regardless of whether you’re a brand owner, wholesaler, or distributor keeping track of your products across the supply chain is important, so you can trace all your products in the event of a recall. Supply chain management Inventory ManagementLearn how batch and expiry tracking can help you manage and keep track of product movements and help you grow your business in this FREE eBook.

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Sales, Inventory & Operations Planning (SiOP) – Part Two

Arkieva

The lack of a good forecast creates service issues, unbalanced inventories and operational firefighting costs. The key for marketing and sales is to focus on the ‘events’, their latest status, and their expected impact. Inventory Management S&OP Supply Chain Supply Planning

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

Social media awash with pictures of supply chain professionals attending the Lady Gaga event at SAP’s Sapphire, celebrating with drinks at the Gartner event, or rocking to the ZZ Top performance at JDA’s Icon conference trumpeted excitement. The news from these events?

Inventory Optimization Maturity Curve: A Walkthrough

Logility

As I talk to customers and practitioners from all corners of the supply chain world, I find that Inventory Optimization has different meanings between companies, departments and even people within the same organization.

Inventory Optimization Maturity Curve: A Walkthrough

Logility

As I talk to customers and practitioners from all corners of the supply chain world, I find that Inventory Optimization has different meanings between companies, departments and even people within the same organization.

Inventory Management, Batch & Expiry: An eBook

TradeGecko

Regardless of whether you’re a brand owner, wholesaler, or distributor keeping track of your products across the supply chain is important, so you can trace all your products in the event of a recall. Supply chain management Inventory ManagementLearn how batch and expiry tracking can help you manage and keep track of product movements and help you grow your business in this FREE eBook.

eBook 46