ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . Demand forecasting can be a game changer in today’s volatile environment. Infact, according to McKinsey , applying AI-driven demand forecasting to supply chain management can cut down errors by 20-50% and this helps reduce lost sales by 65%.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

The Logistics of Logistics

FEBRUARY 11, 2022

Inventory Management vs. Warehouse Management. Original article: Inventory Management vs. Warehouse Management. Inventory Management vs Warehouse Management: Main Differences. So, as an example, the IMS tracks and reports that there are 30 widgets in Warehouse A, 25 in Warehouse B, 48 in Manufacturing Plant A, and so on.

Inventory Management Software 182

Inventory Management Software Inventory Management Warehousing Inventory 182

ShipBob

JULY 9, 2021

If only there was a crystal ball to foresee unexpected events, manufacturing delays, and fluctuations in customer demand. . And since an ecommerce supply chain consists of several moving parts, how does an online brand go about supply chain forecasting, so they can make better predictions and decisions? Download the Guide.

Forecasting 98

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Software 98

SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

As we finish 2021, the supply chain is front and center with challenges reported across the globe; across multiple industries from consumer products through to automotive. By the end of 2022, half of all manufacturing supply chains will see the benefits of supply chain resiliency, resulting in a 10% reduction in disruption impact.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

SYSPRO Smarter ERP

JUNE 19, 2023

Many manufacturers have successfully implemented an ERP system to streamline their business processes and improve efficiency. However, for companies with extensive inventory and warehouse facilities, integrating a Warehouse Management System with their ERP system can bring additional value.

Inventory Reduction 98

Inventory Reduction Resource Reduction Cost Reduction Strategies Inventory Management Software 98

SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Forecasting Software 116

ToolsGroup

OCTOBER 14, 2020

All these scenarios of course create huge demand fluctuations companies need to deal with that differ completely from their historical demand forecasts. Of course, demand forecasts are the biggest concern people have. They need to apply corrective actions for the forecast for next year. Keep communication open.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 296

NC State SCRC

DECEMBER 15, 2022

This price reduction was to be applied not only to future shipments, but indeed to all shipments that had been committed to, whether in transit, or even in the buyer’s warehouse which had already been shipped. If they did not agree, their business relationship would be terminated.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. With companies producing more and more products worldwide, the issue of keeping track of enormous amounts of parts and materials used in the manufacturing process has grown increasingly complex.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

SYSPRO Smarter ERP

MAY 4, 2022

Complete halts result in backlogs and delays, which will impact warehouses and more importantly, their inventory management. The demand side is affected by inaccurate information and the fact that 100% accurate demand forecasts are not possible all the time. Inventory takes many forms, ranging from raw materials to finished goods.

Inventory Management Software 105

Inventory Management Software Inventory Management Inventory Reduction Inventory 105

Resilinc

APRIL 30, 2024

If these forecasts are correct, 2024 will shake out to be the third most active hurricane season on record. The 2024 hurricane season is expected to be extremely active, with multiple forecasts predicting above-average activity, increasing the potential for supply chain disruptions. What sets this year’s hurricane season apart?

Supply Chain Software 90

Supply Chain Software Supply Chain How To Forecasting 90

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. Alternatively, you may want to relocate – totally or in part – where your product is manufactured. without being subject to tariffs.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Logistics Viewpoints

JANUARY 22, 2024

The UFLPA prohibits goods mined, produced, or manufactured wholly or in part in Xinjiang from entering the U.S. The US Department of Labor reports that 100,000 Uyghurs and other ethnic minority ex-detainees in China may be working in conditions of forced labor following detention in re-education camps.

Supply Chain Optimization 234

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 234

SYSPRO Smarter ERP

MARCH 29, 2022

Manufacturers are aware they need to modernize to take advantage of what technology can offer. However, technology options are available for manufacturers to use that can help digitalize their operations without the expense (not to mention production downtime) of plant upgrades. The 5th, 10th or is it older? What is 4IR?

Manufacturing Procurement 116

Manufacturing Procurement Modeling Software Manufacturing Supply Chain Planning Software 116

Supply Chain Shaman

JULY 23, 2023

I never republished the report, because not enough has changed to warrant it.) The report centers on the concept of moving from inside-out to outside-in technologies. The higher the volume and the more forecastable the product, demand latency is days (usually two weeks). What is an Outside-in Planning Process?

Supply Chain Planning Software 358

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 358

Kanban Logistics

FEBRUARY 27, 2020

The modern warehouse offers much more than basic storage. While you can build and staff your own warehouse and perform these services yourself, more and more companies see the value in handing warehousing operations off to a third-party logistics (3PL) provider. Types of 3PL Warehousing. The Warehouse Management System.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period. Added Perspectives.

Report 52

Report Global Scenario Planning Forecasting 52

Enterra Insights

AUGUST 5, 2022

”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. The worry for manufacturers and retailers alike is whether those ordered goods will make it to market or be stuck in some port. If goods do arrive, then the warehousing shortage mentioned above comes into play.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

Supply Chain Shaman

SEPTEMBER 5, 2022

Business continuity continues to be a risk for many retailers and manufacturers. Warehouses are full, and supply chain leaders are using containers as overflow warehouses adding to port snarls. In nine out of ten supply chain planning systems that I test, I find that companies have a negative Forecast Value Added level.

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Why do manufacturers need an effective supply chain plan? What is supply chain planning? The process involved in supply chain planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Why do manufacturers need an effective supply chain plan? What is supply chain planning? The process involved in supply chain planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

RFgen

SEPTEMBER 15, 2022

Digital automation remains one of the hottest topics among manufacturing executives, plant managers, industry operation professionals and finance stakeholders. Our 2022 Digital Inventory Report captured key decision makers’ mindsets, challenges, and planning initiatives as it relates to digital automation technologies.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Optimal Sourcing Manufacturing 52

Logistics Viewpoints

DECEMBER 16, 2022

Forecasts call for freight rate slumps in 2023. The legislation, which is entitled the National Development Strategy and Coordination Act of 2022, would require Cabinet-level agencies to identify weaknesses in supply chains that could impact national security and domestic manufacturing. Amazon’s plan to kill the barcode.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Costa Rica Logistics Forecasting 200

ToolsGroup

JUNE 14, 2022

Unlock your free report ?. A session highlighting the newly released Market Guide for Retail Planning, Replenishment and Allocation Solutions explained that just having AI/ML and improving forecasting accuracy is no longer a vendor differentiator for retail planning solutions. Get your free report ?. Embed video: [link].

Gartner 156

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 156

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. Some fulfillment warehouses even use robots to pick and pack customer orders.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

Logistics Viewpoints

MAY 17, 2021

NBG Home is one of the largest home decor manufacturing companies and importers in the world. The company combines domestic manufacturing with global sourcing. In some cases, the e-tailer site is reporting a stock out when that is not the case at all. But more importantly, CommerceIQ improves indirect ecommerce forecasts.

Demand Planning Software 159

Demand Planning Software Modeling Supply and Demand Forecasting 159

Logility

AUGUST 4, 2023

DENSO Corporation , a global automotive components manufacturer, is bucking that trend with tighter collaboration and a different outlook on supply chain disruption. Planners also have better visibility to make critical decisions faster, such as expanding a warehouse or moving stock elsewhere to free up the operation.

Supply Chain Planning Software 184

Supply Chain Planning Software Sustainability Gartner Agile and Lean Supply Chain 184

Enterra Insights

MAY 19, 2021

”[2] Progress Report on the Digital Supply Chain Wolfgang Lehmacher ( @W_Lehmacher ), a member of the Logistics & Supply Chain Management Society (LSCMS) Advisory Board, writes, “We hear it everywhere: Covid-19 has accelerated digitization — but I have several questions! ” writes Anne G. 7] Anne G.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Gartner 130

6 River Systems

NOVEMBER 11, 2019

Warehouse automation stats show that automation is making a big impact on warehouses and distribution centers. As technology awareness grows, more warehouses and DCs turn to automation to adapt to the changing landscape. The number of private warehouses is growing. Warehouses are increasing in size, as well.

Warehousing 91

Warehousing Supply Chain Software Supply Chain Planning Software Optimization Software 91

Supply Chain Matters

AUGUST 8, 2022

The overall takeaway from the July data was that global production momentum had begun to stagnate and in some regions such as the Eurozone, Taiwan, and to some extent , certain manufacturing regions of China, PMI values had reached contraction levels. . This index was reported as 1.84 reported for June, and 2.59

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

ShipBob

OCTOBER 16, 2023

Storing too much inventory eats up your budget in terms of warehousing costs and available capital, but you also need enough inventory to account for unexpected demand or supply problems. If you have to expedite getting product from your manufacturer, you’ll likely incur additional fees. How do you strike the middle ground?

Forecasting Software 98

Forecasting Software Inventory Management Software Demand Planning Software Supply Chain Planning Software 98

The Logistics & Supply Chain Management Society

MARCH 22, 2022

One Network’s NEO Platform handles supply chain forecasting, sourcing, planning and execution (with routing and logistics optimization) for what may be the largest supply chain control tower deployment in the world. Have a System of Record for Tracking Compliance and Identifying/Reporting Violations. End-to-End and Real-Time Logistics.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

AFFLINK

AUGUST 17, 2022

Automation in manufacturing can help be the driving force to lift some of the burden felt by many distributors across the globe. Unpredictable Consumer Demand Trends Traditionally, organizations got away with loose forecasting and just-in-time (JIT) inventory management to match production to consumer demands.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Software Optimal Sourcing Demand Planning Software 62

Stord

MARCH 31, 2019

This Express Lane initiative – the company’s name for new tools and solutions – has placed materials closer to factories, reduced manufacturing delays, and predicted customer demand more accurately. Over 4 million robots will be used in 50,000 warehouses by 2025 , according to one report. brands over the next three years.

Warehousing 60

Warehousing South Korea Predictive Analytics Software Forecasting Software 60

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. What Is Dead Stock? Within the retail industry alone, estimates indicate that dead inventory costs nearly $50 billion year-over-year.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Inventory Management Software 98

Clear Spider

MARCH 21, 2024

Demand Forecasting As consumer behaviors become more complex, businesses need a way to detect or predict real-time changes in demand. When businesses use AI technology to analyze demand signals, they’re able to improve the accuracy of demand forecasting. Companies use this data to map their supply chains from one end to the other.

Inventory Reduction 52

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