The Smart Software

OCTOBER 27, 2022

If you hear the phrase “regime change” on the news, you immediately think of some fraught geopolitical event. Statisticians use the phrase differently, in a way that has high relevance for demand planning and inventory optimization. The post Managing Inventory amid Regime Change appeared first on Smart Software.

Supply and Demand 52

Supply and Demand Inventory Optimization Software Demand Planning Software 52

Unleashed

MARCH 8, 2023

Choosing the best inventory management software isn’t easy. This guide is designed to inform you which features are most important, the best time to invest in inventory software, and the costs you can expect to pay. Key considerations Manual management of inventory is time-consuming and prone to error. What’s your budget?

Inventory Management Software 52

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

Logistics Viewpoints

MARCH 25, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity. Your supply chain must be capable of adapting to all types of threats.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

Supply Chain Opz

MARCH 26, 2015

What is Inventory Control? Here we will try to answer most common questions about Inventory Control and also provide additional resources you can use. What is Inventory Control? Inventory control often starts with how to know the demand of particular product. What is the Best Forecasting Model?

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

ToolsGroup

MARCH 17, 2020

Macro events like the Coronavirus crisis trigger demand volatility that affects every link in your global supply chain—from the raw materials you procure to setting safety stock levels to planning logistics and promotions. You can model alternative flows and networks while guaranteeing service policies to customers.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

Synovos

FEBRUARY 21, 2023

As stated in “Operating Without Borders – Building Global Resilient Supply Chains” , a report from the manufacturers’ association Make UK, “Supply chain resilience is currently top of the agenda for policy makers, government, and business leaders alike.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Inventory Management Software Agile and Lean Supply Chain 52

Enterra Insights

FEBRUARY 2, 2023

The movie is about a cynical television weatherman named Phil Connors (played brilliantly by Bill Murray) who is assigned to cover the annual Groundhog Day event in Punxsutawney, Pennsylvania. The Covid nightmare also exposed how dependent many countries are on Chinese manufacturers and suppliers. It became too long.”[4]

Supply Chain Software 130

Supply Chain Software Agile and Lean Supply Chain Material Savings China 130

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience. Let’s break this down into simple steps.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. Manufacturing and Supply Chain Activity Levels- Global-wide manufacturing levels as depicted in the J.P. This level represents a contraction of $1.5

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Supply Chain Shaman

MAY 3, 2015

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.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

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

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. The Importance of Inventory Replenishment. Factors to Consider. Download Case Study. ABC Classification.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

GlobalTranz

APRIL 13, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity. Prepare your supply chain for different types of disruption.

Supply Chain Disruption 205

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 205

Supply Chain Shaman

JULY 21, 2022

To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. Companies can win with an IT standardization policy. The event is designed for extreme networking.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Supply Chain Opz

MARCH 26, 2015

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. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 100

Inventory Management Software Inventory Management Inventory Reduction Forecasting 100

Vecco International

FEBRUARY 4, 2024

Large global consumer goods companies with a combination of internal manufacturing and outsourcing must effectively predict demand and manage complex multi-national supply chain networks to ensure on-time in full delivery to their retail customers such as WalMart, CostCo, Amazon, QVC.

Beverage 40

Beverage Food Supply Chain Planning Software Manufacturing Procurement 40

Logility

AUGUST 15, 2023

But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability. It offers unparalleled visibility, traceability, and disclosure – the true essence of each product’s journey from origin to delivery,” says Vethuizen at this year’s inNOWvate Supply Chain Event.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

DynaSys

SEPTEMBER 8, 2020

The same concept works for business and manufacturing. As the world sorts through life with COVID-19 and trying to plan for the aftermath, many Consumer Packaged Goods (CPG) manufacturers and suppliers are developing and implementing risk management policies and procedures. Prioritize Risk.

Manufacturing Procurement 63

Manufacturing Procurement Supply Chain Planning Software Manufacturing Supply Chain Network Software 63

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

IQMS

MARCH 27, 2020

The COVID-19 pandemic has pushed manufacturers to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. In the process, it has highlighted an aspect of manufacturing ERP that is not as visible in more normal times— business continuity.

Manufacturing Procurement 64

Manufacturing Procurement Manufacturing Supply Chain Planning Software Demand Planning Software 64

QAD

JULY 8, 2021

One of the reasons cited for the shortage was insufficient forecast information to provide adequate planning for the 22 week lead time, which is typical of semiconductor manufacturing. Poor inventory management and lack of full inventory visibility, including inventory held by next tier suppliers.

Supply Chain Planning Software 89

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 89

Global Trade Management

DECEMBER 11, 2023

Introduction Supply chains are the lifeblood of any business, serving as the vital link between suppliers, manufacturers, and end consumers. Algorithms process input data such as current inventory levels and anticipated demand, producing recommendations for raw material procurement.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics 59

Supply Chain Matters

JANUARY 6, 2023

2023 Prediction One: Supply Chain Management Teams Should Anticipate Continued Economic Uncertainty of Global Markets and Geo-Political Driven Events, with Some Easing of Prior Year Disruptions. Global manufacturing activity as depicted by the J. Morgan Manufacturing PMI® which began 2022 at an expansionary conditions value of 54.2,

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Adexa

AUGUST 30, 2023

For example, extra inventory is kept in case an unexpected order from a high priority customer arrives. Without that inventory, your response would be very limited or perhaps none at all. The key to responsiveness is being able to predict events. That is, the right policies to be deployed. How can we do this?

Expense Reduction 52

Expense Reduction Inventory Reduction Agile and Lean Supply Chain S&OP 52

Supply Chain Matters

JULY 28, 2023

Pfizer drug manufacturing facility. While disclosure laws prevent the FDA from providing a complete list of products made at the facility, there is redundancy in the supply chain due to other manufacturers. Supply Chain Matters provides added information and perspectives related to last week’s natural disaster involving a U.S.

North Carolina 52

North Carolina Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 52

Kanban Logistics

NOVEMBER 30, 2022

A cornerstone of the modern warehouse, WMS software manages many key warehouse functions, including inventory control (e.g., lot-level traceability and expiration date tracking), inventory positioning, order management, order visibility and reporting. Items that have common characteristics important to the manufacturer (e.g.,

Pharmaceutical 98

Pharmaceutical Warehousing Distribution 3PL 98

QAD

MARCH 9, 2023

Instead, geopolitical, inflationary and environmental forces have created new challenges for manufacturers and their supply chain partners. Supply chain planning is more important today than ever before and there’s good news: Manufacturers have options for mitigating global supply chain risk and keeping costs in check.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 95

Logistics Viewpoints

JULY 9, 2021

During a normal Olympics, millions of spectators flock to venues to watch over 300 events unfold over the course of two-plus weeks. Earlier this week, a resurgent coronavirus forced Japan to declare a state of emergency in the capital that will run throughout the event. As a result, the Olympics will take place without spectators.

Logistics Network Optimization Software 165

Logistics Network Optimization Software Logistics Price Reduction Finland 165

Supply Chain Matters

JULY 25, 2022

Our belief was that the year 2021 provided companies as well as government policy makers considerable painful evidence to the inherent vulnerabilities of globally extended and highly complex supply chains and of the needs among businesses to be able to better respond to major product demand and supply shocks.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Logility

OCTOBER 18, 2022

Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach. Rethink just-in-time inventory policies: There could be another pandemic or another war. If a large-scale event happens and you don’t have back stock, you’re a threat to your own supply chain.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

20Cube Logistics

JANUARY 27, 2022

This growth is accredited to the economic expansion and policy changes in countries like India. However, despite becoming the latest epicenter for sourcing and manufacturing activities, economic growth in certain countries is expected to slow down this year due to various reasons. International Travel Policies. Disinflation.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Supply Chain Matters

NOVEMBER 11, 2022

Supply Chain Matters begins our perspectives of the current 2022 holiday fulfillment period with highlights of what is usually recognized as the globe’s singular largest online shopping event, that being the China Singles Day festival that culminated on November 11. billion GMV for the 2021 11-day event, representing an 8.5

China 52

China Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 52

Enterra Insights

AUGUST 29, 2023

.” Stevens suggests a robust security strategy should include: 1) Incident Response Planning; 2) Data Encryption; 3) Need-to-Know Policies; 4) In-depth Risk Assessment; and, 5) Extensive Cybersecurity Training. Encrypt your data, and prepare a robust security response plan in the event that something does go wrong. .”

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

Supply Chain Matters

OCTOBER 5, 2022

Supply Chain Matters provides a side panel supplementary update to our prior posted blog highlighting the latest reported September and Q3 global and regional PMI indices that indicate manufacturing contraction has begun. What we need is a deeper, more diversified and less concentrated base for producing goods and services. dollar this year.

Price Reduction 52

Price Reduction Inventory Reduction Global Forecasting 52

Enterra Insights

FEBRUARY 16, 2021

If supply chain planning should be at the heart of a business, it begs the question: What good is planning if unknown events can make such planning mostly ineffective? ” #4 Based on forecasts, your organization is unable to make effective inventory to service trade-offs. ”[1]. ” Continuous versus periodic planning.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 100

Supply Chain Matters

JANUARY 25, 2023

And industrial policy – backed with lots of state cash – is no longer a dirty word.” We interpret that to be the sourcing of products among retailers and manufacturers within countries of lowest cost manufacturing that has occurred in this same period. each positioning their own forms of industrial policies.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Software 52