Supply Chain Opz

JUNE 23, 2014

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 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. In this inventory replenishment guide: What is inventory replenishment? Preventing stock expiry.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

Logility

NOVEMBER 30, 2023

From Generative AI innovations like Chat GPT to industry events, analysts, and mass media stories, every business leader is being tested – from their vision and trust in the technology to internal preparations and integration of artificial intelligence into supply chain operations.

Supply Chain Planning Software 177

Supply Chain Planning Software Modeling Supply Chain Software Scenario Planning 177

ToolsGroup

JULY 19, 2023

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. They ingest information like transportation plans or shipment delays and model the implications of unexpected events. Digital Twin Applications For instance, say you’re a manufacturer or distributor.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

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

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Modeling 98

Modeling Optimization Software Inventory Reduction Optimization Modeling 98

Logility

JANUARY 18, 2024

But it is setting the foundation for a new paradigm that could cut 70% of weekly planning time, 15%–30% fewer forecast errors, and impressively improved inventory outcomes. When it comes to supply chain planning, it may be hard to believe that these current capabilities can bring any real value. Want to learn more?

Modeling 191

Modeling Optimal Sourcing Supply Chain Planning Software Supply Chain Software 191

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain. Change Your Relationship With Demand Planning.

Supply and Demand 375

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 375

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. The range depends on sales velocity, replenishment policy, and shelf assortment.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Logility

MAY 26, 2022

25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. Effective, strategic demand planning is essential, and that requires implementation of the right supply chain platform with real-time data, reporting, and event automation. Then, there’s the issue of surplus inventory.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

Talking Logistics

OCTOBER 15, 2018

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. Getting the Right Tools for the Job.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. Just in case inventory management doesn’t have to mean inflating stock to really high levels.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting 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

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

These disruptions can be triggered by various factors, including geopolitical tensions, changes in government policies, or unforeseen events like pandemics. Redundancy entails the presence of backup suppliers, alternative transportation routes, and sufficient inventory buffers within the supply chain network.

Sourcing Strategies 130

Sourcing Strategies Material Savings Inventory Reduction United Arab Emirates 130

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

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

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

Logility

MAY 31, 2023

Plus, more tactical models supporting sales and operations planning time horizons can factor in product launches or sunsets, inventory policies, and demand-supply balance. Global footprint strategy Strategic scenario planning can become critical in ensuring your business operates at peak performance today – and tomorrow.

Optimal Sourcing 130

Optimal Sourcing Modeling Network Design Software Network Optimization 130

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

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

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

SEPTEMBER 22, 2023

Greenwashing is a form of advertising or marketing spin in which green PR and green marketing are deceptively used to persuade the public that an organization’s products, aims and policies are environmentally friendly. With Apple’s big event last week, the company claimed that the new Apple Watch will be carbon neutral.

Los Angeles 222

Los Angeles Material Savings Logistics Network Optimization Software Waste Reduction 222

EMERGE App

MARCH 11, 2021

Inventory is the store or stock of goods. And in this post, you’re going to know the type of inventory exists. Four Types of Inventory. There are four types of inventory : work-in-progress, finished goods, raw material, and MRO goods. Finished goods inventory is that stock of completed products.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Manufacturing Procurement 52

BlueYonder

OCTOBER 12, 2017

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. How JDA Labs Can Help.

Modeling 78

Modeling Optimization Software Optimization Modeling Supply Chain Optimization 78

The Logistics & Supply Chain Management Society

JUNE 10, 2021

Then is stockpiling regional inventories the answer to serving consumer demand and mitigating delays? So, how can logistics handle disruptive events like these? The priorities to develop supply chain resiliency lie in improving IT capabilities (61 per cent), human resource policies (58 per cent) and risk management (58 per cent).

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Strategy 246

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

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 Matters

NOVEMBER 13, 2023

China Singles Day festival, the globe’s singular largest online shopping festival event, culminated on November 11 with indications of another year of muted growth. billion) subsidies since March to hosted retailers and businesses which was touted as “ its largest sales promotion event in history.” This year, major U.S.

Supply Chain Planning Software 59

Supply Chain Planning Software Forecasting Forecasting Software China 59

Unleashed

OCTOBER 20, 2021

For example if you’re running a product-based business then inventory management is essential. From inventory tracking and safety stock levels to assembly, purchasing and shipping, getting inventory management right will increase your chances of success. Get your inventory management processes right from the start.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Forecasting Software 52

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

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. China’s zero tolerance policy for dealing with the pandemic repeatedly created unanticipated and undesirable disruptions.

Supply Chain Software 130

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

3PL Insights

FEBRUARY 14, 2023

The flow of finished goods in retail logistics is a multi-step process, encompassing inventory management, order fulfillment and shipping, and returns management. Inventory Management Inventory management is the procurement, storage, and selling of a company’s inventory.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Inventory Management Software Supply Chain Software Retail 92

NC State SCRC

JANUARY 16, 2024

The Department of Defense released four days ago its inaugural National Defense Industrial Strategy (NDIS), which is intended to guide the Department’s engagement, policy development, and investment in the industrial base over the next three to five years. This does not exist today.

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

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

AIMMS

SEPTEMBER 19, 2018

In this blog post, I’ll summarize some key learnings I drew from the event and share some insights on Demand Driven supply chains and the industry’s technology landscape. . The underlying theme in all presentations, and my conversations at the event, was digital transformation. Let’s start with digital transformation .

Prescriptive Analytics Software 209

Prescriptive Analytics Software Supply Chain Planning Software Modeling Supply Chain Software 209

Enterra Insights

APRIL 18, 2024

There, too, policy has shifted from reliance on the free market and private business towards greater government control.”[3] The Economist staff argues that the decision to glocalize should be left to individual companies rather than having them forced to make that decision by national trade policy. have decided to glocalize).

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

American Global Logistics

FEBRUARY 22, 2024

The ongoing wars in Ukraine and Israel/Gaza continue to disrupt trade, inflation drives consumer behavior shifts, and extreme weather events. And more frequent, severe weather events demand agile planning and flexible transportation options. That is because of an 83% increase in extreme weather events since 1999.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Inventory Reduction 52