ThroughPut

MARCH 27, 2024

Informing Logistics By analyzing and interpreting volumes of data, AI helps retailers gain meaningful insights into their operations facilitating informed decisions related to logistics and supply chain management. The post AI in the Retail Industry: Benefits, Case Studies & Examples appeared first on ThroughPut.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Kodiak Hub

DECEMBER 7, 2021

Who doesn't want more accurate & relevant supplier information?! Businesses have managed supplier information in a number of ways over the years. With a Supplier Information Management solution there is a high degree of data accuracy and the software is designed to isolate, and draw your attention to, critical information.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Software 98

Unleashed

MAY 1, 2023

This information is valuable to any business looking for ways to cut excess costs and improve efficiencies. Here’s an example of how a stock control chart might save you money: You discover that a product is selling faster in winter, and your suppliers are also taking longer to deliver during those months.

Inventory Reduction 52

Inventory Reduction Examples Inventory Inventory Management Software 52

ShipBob

SEPTEMBER 25, 2023

Note: This article is solely for informational purposes and does not constitute legal advice. The rest of this article provides general information on shipping CBD products. For example, Canadian CBD sellers must abide by the country’s Cannabis Act and its regulations. Products exclude vapes. Products contain <0.3%

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

Arkieva

APRIL 14, 2021

AI/ML, SCM, The Holy Grail, and Helpful Information from Foresight was first posted on April 14, 2021 at 8:11 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

SCM 167

SCM Supply Chain Planning Software Supply Chain Software Optimization Software 167

Unleashed

JULY 12, 2023

Inventory examples Inventory is used widely across numerous industries and sectors. It can mean different things to different organisations, so let’s look at some common inventory examples in various business models. Retail inventory Retail is one of the hardest sectors for getting the balance of inventory right.

Inventory Reduction 52

Inventory Reduction Examples Inventory Material Savings 52

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. The cards hold all the information that the upstream partner needs to fulfil the order for their downstream partner.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Enterra Insights

JANUARY 27, 2020

Information technology (IT) is an umbrella term covering a variety of technologies. Bill Gates ( @BillGates ) once stated, “Information technology and business are becoming inextricably interwoven. In this article, I’m equating “information” with “data.” ” IT predictions.

Predictive Analytics Software 100

Predictive Analytics Software Modeling Software Supply Chain Network Software Demand Planning Software 100

Unleashed

NOVEMBER 2, 2023

It may contain key information about the items being produced and the manufacturing process itself, including any raw materials, labour, and equipment – along with the scheduled dates for executing each stage of the production process. Make sure your staff are informed of any changes made to the original schedule.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Unleashed

FEBRUARY 14, 2023

For example, using an overhead crane to move a heavy object minimises the risk of back injury caused by humans carrying it across the factory instead. Tasks done by humans generally require more manual collation of information, which can be time-consuming and prone to error. Improved ability to gather and analyse data.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Supply Chain Design Software Examples 52

Unleashed

JUNE 15, 2023

COGS is included in the financial statement as a line item because it’s directly responsible for generating information about the business’s costs and profits. Cost of goods sold journal entry (with examples) Inventory accounting journal entries for cost of goods sold generally require debiting the COGS and crediting the inventory account.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Examples Cost Reduction Strategies 52

Supply Chain Game Changer

DECEMBER 9, 2020

The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. For example, you might have a POS subscription through one app and an accounting subscription through another. Subscribe Here! Email Address.

Inventory Management Software 98

Inventory Management Software Inventory Management Optimal Sourcing Inventory Reduction 98

ToolsGroup

APRIL 26, 2016

One of the best examples I have seen of highly successful change management was presented by Tina Jalap from the Swedish pharmacy chain Kronans Apotek. Some examples: Q: If a customer asks for a product that we don’t have, how will the system know that there is a demand?

Examples 120

Examples Supply Chain Planning Software Optimization Software Inventory Management Software 120

Clear Spider

OCTOBER 26, 2022

Information tends to become distorted as it moves from the consumer end of the supply chain to the manufacturer. Examples of Vendor Managed Inventory Relationships. The post Vendor Managed Inventory (VMI): Advantages and Examples appeared first on Clear Spider. The Problem with Sales Data.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

GlobalTranz

JULY 30, 2018

The days of managing supply chains through databases and changing information are over. Blockchain allows for the continuous tracking of information and improvement through data analytics. Although blockchain is often related closely to cryptocurrency, it holds great value for use in supply chain management.

Logistics Network Optimization Software 126

Logistics Network Optimization Software Examples Supply Chain Software Manufacturing Procurement 126

Supply Chain Matters

APRIL 18, 2022

In a previously published Supply Chain Matters posting, we called reader attention to a perhaps different senior supply chain leadership model, which being liquor distiller Brown Forman’s new model that is led by a Chief Global Supply Chain and Technology Officer CSCTO) , with IT and global information security reporting to this senior executive.

Modeling 52

Modeling Apparel Modeling Software Supply Chain Planning Software 52

Logility

MARCH 21, 2024

Leveraging AI for Faster, Strategic Decision Making There is a lot of information out there around generative AI, and it’s difficult to separate fact from fiction. It can learn faster than humans and is trained to process and analyze huge amounts of information based on training data, algorithms, and statistical models.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

HICX Solutions

JANUARY 29, 2020

There’s no doubt that good management of supplier information can result in increased productivity and improved profitability. The discussion around the effect of reduced supply chain costs on profits and where money can be saved due to supplier information management (SIM) is, therefore, naturally a hot topic.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Optimal Sourcing 52

Kinaxis

NOVEMBER 26, 2014

Reason #8 Keeping supply chain information in silos (and preventing your users from making the best decisions). They do this by preventing them from getting (or making it very difficult to get) any more information than they absolutely need to do their specific job. Reason #5 Not having a supply chain risk management process.

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 256

Kinaxis

APRIL 20, 2015

I would urge transformation teams to seriously consider a fourth component, that being Information, including the velocity, context and clarity of information. Achieving these transformative capabilities takes time and clear perspective, particularly the focus on information and planning competencies.

Supply Chain Transformation 100

Supply Chain Transformation Supply Chain Strategy Supply Chain Planning Software Agile and Lean Supply Chain 100

Procurement Academy

AUGUST 19, 2021

What is it Request for information? Request for information (RFI) is a formal process for gathering information from potential suppliers of a good or service. It seems to me that many of our supplier on-boarding questions and request for information questions actually fall into this same category of pointlessness.

Optimal Sourcing 52

Optimal Sourcing Security Training Price Mitigation Strategies 52

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Logistics Viewpoints

MARCH 4, 2024

Infor Nexus is a supply chain network that connects businesses to their key partners and makes coordinating the flow of materials and information much more seamless. A good example is saying “What are my demurrage issues at the Port of Long Beach?” The analyst then checks every day and then informs the manager if there is a risk.

Modeling Software 219

Modeling Software Supply Chain Network Software Supply Chain Software Logistics Network Optimization Software 219

SupplyShift

NOVEMBER 29, 2021

In this blog we outline some ideas on how organizations can utilize supplier sustainability information beyond annual reports to the advantage of their business. The fashion industry is an excellent example of this. For example, Ford Motor Company has long been labeled one of America’s most iconic employers – and polluters.

Sustainability 52

Sustainability Report Manufacturing Procurement Optimal Sourcing 52

SupplyShift

NOVEMBER 29, 2021

In this blog we outline some ideas on how organizations can utilize supplier sustainability information beyond annual reports to the advantage of their business. The fashion industry is an excellent example of this. Three Actionable Ways to Leverage Supplier Sustainability Information. The Sustainability Reporting Problem.

Sustainability 52

Sustainability Report Manufacturing Procurement Optimal Sourcing 52

Logistics Viewpoints

APRIL 10, 2024

For example, a robust supply chain may have backup power generators, firewalls, security systems, and emergency plans to prevent or mitigate the effects of disruptions. For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems.

Baltimore 250

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 250

Logistics Viewpoints

MARCH 27, 2024

Examples of Supply Chain Robots at MODEX 2024 Several exhibitors at MODEX 2024 showcased their innovative solutions for supply chain robotics, demonstrating the diversity and potential of this field. Here are some of the examples that caught our attention.

Analytics Software 214

Analytics Software Predictive Analytics Software Optimization Software Supply Chain Network Software 214

ToolsGroup

JUNE 10, 2022

Here’s a look at six customer experience examples to help you maximize long-term customer loyalty. 6 Examples of Excellent Customer Experiences. For example: Lyft announced a strong stance against identity discrimination as part of its hiring policies, and aims to make transportation available to all demographics.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

Logistics Viewpoints

AUGUST 15, 2022

The survey’s results suggest a series of misalignments where gaps in process, technology and information flow can be a drag on productivity and optimization. For example, one of the key decisions that a manufacturer needs to make is should they continue to buy goods from one of their suppliers.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Logistics Viewpoints

JANUARY 1, 2024

Providing this availability information earlier leads to fewer cart abandonments and less consumer frustration. For an online order that needs to be delivered within 24 hours, for example, the rule might state that the goods should be shipped to the consumer from the closest location. Rules were used to make these decisions.

Omnichannel 211

Omnichannel Modeling Optimization Software Optimization Modeling 211

ModusLink Corporation

FEBRUARY 17, 2016

For example, if you have real-time visibility into your […]. The post Understanding How Visibility and Real-time Information Can Save You Money appeared first on ModusLink Global Solutions.

Real-time Visibility 60

Real-time Visibility Global Supply Chain Examples 60

Logistics Viewpoints

APRIL 8, 2024

These solutions use natural language processing, for example, to read online publications and other data sources, make sense of what they read, contextualize the data into information, and report supply chain disruptions caused by weather, geopolitical events and other hazards in near real-time.

Supply Chain Software 230

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 230

Logility

AUGUST 18, 2023

For example, executives might underestimate the impact of accurate demand forecasting on reducing inventory costs, resulting in insufficient investment in necessary tools and technologies. Communication Gap Without an effective communication bridge, crucial insights from the supply chain may not reach the executive suite.

Supply Chain Performance 188

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 188

Logistics Viewpoints

JANUARY 21, 2021

Machine learning (ML) techniques can be applied to provide more accurate transit information and estimated arrival times (ETAs) by analyzing the historical shipment data in your transportation management systems. The model learns continuously and can adapt to changing conditions in the network.

Predictive Analytics Software 345

Predictive Analytics Software Logistics Network Optimization Software Modeling Inventory Reduction 345

Logistics Viewpoints

MAY 3, 2021

These solutions support information exchanges with a community of trading partners. There is much better access to all sorts of information that can be used to improve supply chain processes then there was even a few years ago. The information exchange is supported by data centers that the company owns and runs.

Agile and Lean Supply Chain 209

Agile and Lean Supply Chain Supply Chain Software Supply Chain Supply Chain Network Software 209