Unleashed

APRIL 18, 2023

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Unleashed

JUNE 7, 2023

The inventory optimisation process “After three years of pandemic disruption and economic volatility, sharpening demand forecasts and inventory planning across industries seems both as imperative and challenging as it has ever been.” Manual inventory control tasks are automated with the help of software tools and warehousing equipment.

Inventory Management Software 52

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

Unleashed

DECEMBER 11, 2022

Efficient warehousing is all about knowing what’s working, what’s failing, and what can be improved. When you measure and analyse the right warehouse KPIs, you can make better-informed business decisions based on real data. That’s why, with so many possible variables to track, it’s critical to know which metrics matter most.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

Stord

APRIL 24, 2024

From improved customer experience to greater inventory planning and forecasting, AI promises to make all of our lives easier and reduce those all-too-common supply chain headaches. Additionally, this technology will make demand planning & forecasting more accurate. This is the "true magic" of great forecasting!

Supply Chain Planning Software 88

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Predictive Analytics Software 88

SCMDOJO

MAY 30, 2024

From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. Inventory management also includes forecasting demand, coordinating with suppliers, and optimizing storage space to minimize costs and prevent stockouts or overstocking.

Optimal Sourcing 70

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 70

Unleashed

AUGUST 23, 2023

Warehouse management is the vital link between receiving goods from suppliers and delivering orders to your customers. In warehouse management, warehouse logistics ensures these processes are optimised to cut costs and boost efficiency. In this warehouse logistics guide: What is warehouse logistics?

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

ShipBob

APRIL 12, 2023

Between receiving inventory and getting orders delivered to your customers, what happens in your warehouse plays a crucial role in the efficiency of your operations. Good warehouse management should be a priority to ensure a seamless fulfillment process and swift deliveries. To measure this, you’ll need to look at your OTIF metric.

Warehousing 52

Warehousing Supply Chain Software Inventory Management Software Demand Planning Software 52

ThroughPut

MARCH 27, 2024

Every aspect of operations, be it managing the inventory, forecasting demand or fulfilling orders was dependent on human wisdom and intuition. Real-time visibility was lacking, be it in warehousing or transportation, due to which delivery delays were common. Besides, AI is helping retailers optimize inventory, warehouse and pricing.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

SCMDOJO

FEBRUARY 20, 2023

This guide provides you with all the tools you need to make significant positive changes in a few simple steps. Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! Want to streamline your distribution operations?

Inventory Reduction 104

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 104

SCMDOJO

MARCH 19, 2024

Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Materials Planner Forecasts material needs based on production plans and sales forecasts. Enroll Now!

Optimal Sourcing 77

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 77

Logility

APRIL 15, 2020

While extremely valuable, any reputation forecasting has can quickly be tarnished by bad experiences. Common pitfalls include the lack of a consistent and agreed upon process, and the challenges of using cumbersome, expensive software tools. A more fundamental issue is knowing what business problems forecasting can address.

Forecasting 248

Forecasting Forecasting Software Predictive Analytics Software Demand Planning Software 248

Talking Logistics

SEPTEMBER 12, 2017

Once you hit your monthly warehouse goals, there can be a pull toward maintaining rather than gaining on your goals. As a leader, you need many tools to eliminate this mindset. The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Measure to create value.

Metrics 106

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 106

ToolsGroup

JANUARY 22, 2020

For example, I get many requests for business intelligence (BI) tools; mostly because they want to monitor symptoms. While these are fine reports to have and tools to leverage action, the problem is that these are reactive processes. This is what probability forecasting does. BI tools show the problem too late.

Optimization Software 199

Optimization Software Inventory Reduction Forecasting Software Supply Chain Planning Software 199

ThroughPut

JUNE 4, 2024

It involves managing the flow of goods from manufacturers to warehouses and from these facilities to point of sale. Maintenance, Repair, and Operations (MRO) Supplies are items used in the production process but are not part of the final product, such as maintenance supplies, tools, and equipment.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

ToolsGroup

MAY 4, 2020

Along with its AI-driven demand forecasting and inventory planning software, ToolsGroup has introduced new customer support offerings for COVID-19 planning as well as educational resources including the ebook “ COVID-19 Risk: Enable Swift and Efficient Response to Supply Chain Disruptions.”

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Supply Chain Disruption Supply Chain Software 120

ShipBob

DECEMBER 13, 2023

Optimized storage space: Prevents overstocking, maximizing warehouse utilization. These metrics provide valuable insights into how well your inventory is managed. Using ShipBob: ShipBob’s analytics tools provide real-time data on sales and inventory levels, allowing for accurate calculation of the turnover ratio.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

ModusLink Corporation

SEPTEMBER 7, 2023

Demand Forecasting and Predictive Analytics: Leveraging advanced demand forecasting and predictive analytics tools empowers large tech companies to anticipate market trends and demand fluctuations accurately.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Demand Forecasting and Predictive Analytics: Leveraging advanced demand forecasting and predictive analytics tools empowers large tech companies to anticipate market trends and demand fluctuations accurately.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Demand Forecasting and Predictive Analytics: Leveraging advanced demand forecasting and predictive analytics tools empowers large tech companies to anticipate market trends and demand fluctuations accurately.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ThroughPut

MAY 3, 2024

It’s not just about merely managing trucks and warehouses anymore; it’s about seeing the big picture (of your entire supply chain!) The objective now was to fulfill orders, smooth distribution of products, storage and warehousing. That is why logistics management software (LMS) is so much more today than what it used to be.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Unleashed

AUGUST 14, 2023

Manufacturing operations need to implement effective production management tools and processes to reduce the cost of producing goods. This article explains the importance of production management, the key processes, and tools you can implement to minimise the cost of inputs while maximising productivity and quality.

Inventory Management Software 52

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

Unleashed

DECEMBER 21, 2023

Accurately forecasting customer demand Accurately predicting future demand for products can be a significant challenge for inventory managers. Seasonality and fluctuations in market trends can also make it difficult to forecast demand correctly. These can range from traditional warehouses to roboticised fulfilment centres.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Unleashed

FEBRUARY 1, 2023

In this article, we do a deep dive into demand planning and look at what steps, strategies and KPIs can be used to develop best-practice demand planning and forecasting. However, ensuring demand forecasts are as accurate as possible creates huge benefits for your business. The demand forecasts can then be refined.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

ToolsGroup

DECEMBER 16, 2021

Examples include: Using sophisticated forecasting and replenishment algorithms to buy and allocate just the right quantity of merchandise, and avoid keeping extra stock on the shelves. Set clear objectives and KPIs for the metrics we discussed above, and make swift moves to meet them.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

ShipBob

JULY 2, 2021

By using a combination of technologies like AI, machine learning, and predictive analytics, online brands can manage complex supply chains by automating warehouse operations, improving delivery times, easily managing inventory, optimizing third-party communication, and creating new customer experiences that increase satisfaction and boost sales.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

ThroughPut

FEBRUARY 23, 2024

12 Key Supply Chain AI Use Cases Supply chain AI Use Case 1: Demand Forecasting Market instability is the Achilles heel of demand forecasting right now. And the effect of inaccurate demand forecasting is felt across the supply chain. Just about everyone in the supply chain gets negatively impacted by wrong forecasts.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Locus Robotics

JANUARY 2, 2024

Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs. This concern for environmental sustainability will continue to be relevant within the warehouse.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Silvon Software

JUNE 1, 2023

Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. At times, finding the right metrics can feel incredibly challenging, and there might be a tendency to measure things for the sake of measurement. This includes procurement, production, transportation, warehousing, and distribution.

S&OP 111

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 111

Locus Robotics

JANUARY 2, 2024

Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs. This concern for environmental sustainability will continue to be relevant within the warehouse.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Logistics Viewpoints

JUNE 1, 2023

The evolution towards autonomous planning has gained speed over the last two years, and we already see businesses moving from human-in-the-loop decision-making to fully autonomous decisions on daily operational plans such as store replenishment, warehouse procurement, transportation planning, production planning, and order fulfillment.

Supply Chain Planning Software 194

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 194

RFgen

MARCH 10, 2023

Order picking is a critical process in warehouse management that involves selecting items from inventory and assembling them into customer orders. The accuracy and speed of this process have a significant impact on warehouse efficiency, customer satisfaction, and ultimately, business profitability. My Warehouse is a Mess!

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are?

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. The ‘Warehouse Inventory’ report shows daily inventory on hand by case and case GTIN. This will show you daily store-level out of stock events.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Elementum

FEBRUARY 7, 2024

Business process management (BPM) tools are essential in executing BPA, as they facilitate the design, analysis, and management of business workflows, ensuring a seamless integration and operation within the organizational structure.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Vinculum

JUNE 3, 2020

Thus, inventory Management Software is really an essential tool for your business to gear itself up. This tracking includes sales forecasting, product ordering, supply chain & warehouse management, and customer fulfillment solutions. This automatic calculation helps you minimize your warehousing fees and save money.

Inventory Management Software 59

Inventory Management Software Forecasting Software Supply Chain Planning Software Demand Planning Software 59

OptiProERP

JANUARY 17, 2024

While the overall trend is toward more integrated and flexible systems that can process voluminous amounts of data, yielding analytics and metrics for improved decision-making, a majority of manufacturers still have yet to commit to the newer, “smarter” technologies.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Design Software Supply Chain Planning Software 52

SCMDOJO

APRIL 11, 2023

We also offer other additional courses taught by qualified experts that focus on trending and current topics such as how to handle a business case and modern warehousing. ‘Warehouse Management in Logistics & Supply Chain Management’ by Udemy Warehouse management is a crucial aspect of logistics and supply chain management.

Supply Chain Design Software 114

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 114