Logility

MAY 10, 2022

Smart inventory allocation and deployment starts with the right digital supply chain platform. For most businesses, the past two years have been a much-needed teaching moment on the state of their inventory planning, tracking, and management capabilities. Decades-old, tried-and-true rules ?

Optimal Sourcing 173

Optimal Sourcing Optimization Software Inventory Reduction Supply Chain Planning Software 173

The Logistics of Logistics

JUNE 17, 2022

Jeff Flowers and Joe Lynch discuss why inventory is everything. Key Takeaways: Inventory is Everything. In the podcast interview, Jeff explains the importance of effective inventory management to supply chains. Inventory is tricky – buy too little and miss out on potential sales, but buy too much and your carrying costs rise.

Inventory Reduction 173

Inventory Reduction Optimal Sourcing Inventory Logistics Network Optimization Software 173

Freightos

JUNE 15, 2021

So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. But back to those containers… The cost of global shipping rises. Enter, a global container shortage. Logistics is global. The e-commerce impact (no free shipping for global freight). Credit: Lufthansa ).

Global 399

Global Supply Chain Price Reduction Supply and Demand 399

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. On the other hand, optimized inventory levels can enhance it. Next is the cost of storing the inventory.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

The Logistics & Supply Chain Management Society

JULY 16, 2023

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. Gone are the days of a traditional global RFQ that is done yearly with a given set of partners.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

ToolsGroup

MAY 2, 2024

Boston, MA – May 2, 2024 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is thrilled to announce that it has been recognized as a Leader in seven separate G2 Spring 2024 reports. Book a meeting with our experts today!

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply and Demand Supply Chain Software 156

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Logility

AUGUST 17, 2021

Managing consumer packaged goods inventory is challenging at the best of times, and it can be debilitating during times of local or international disruption. An advanced inventory planning and optimization solution allows these companies to set and maintain precise stock targets across a global network.

Modeling 130

Modeling Inventory Reduction Supply Chain Optimization Packaging 130

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Synovos

FEBRUARY 12, 2024

Demystifying MRO Inventory Optimization The goal of MRO inventory optimization is to utilize the products and materials held on or across sites as effectively as possible. Ensuring that you have what you need available when required helps eliminate excess stock and reduce inventory carrying costs. How do you achieve this?

Inventory Reduction 52

Inventory Reduction Price Mitigation Strategies Material Savings Optimization Software 52

ToolsGroup

JUNE 19, 2018

Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. These companies struggle to meet service level requirements while respecting financial impacts, and have almost no chance to do it optimally.

Optimization Software 197

Optimization Software Inventory Demand Planning Software Modeling 197

Logility

AUGUST 31, 2021

However, inventory optimization for beverage brands can help these organizations overcome such challenges with greater ease and speed. This basic replenishment tactic does not provide the accuracy and visibility needed to drive greater efficiency, ensure a right-sized inventory, improve customer service, and expand product sales.

Modeling 130

Modeling Beverage Inventory Reduction Supply Chain Optimization 130

ToolsGroup

MAY 8, 2018

The Wall Street Journal recently advised “In the battle for economic supremacy, investors should quickly be realizing it’s increasingly about supply, not demand.” ( The Next Challenge for Global Growth: Keeping Up With Demand , April 24, 2018 ). Inventory (both finished goods and materials) can then be allocated to more critical demand.

Inventory Reduction 214

Inventory Reduction Optimization Software Network Optimization Supply Chain Optimization 214

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. It gives you the accurate data you need to make the best decisions for your brand, and positions you to meet customer expectations while reducing the cost of doing business. What is inventory tracking?

Inventory Management Software 52

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

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

ToolsGroup

DECEMBER 20, 2021

Global Trade Authority Rob Garrison, CEO and Co-Founder of Mercado Labs, shares insights from over 30 years of supply chain experience working with a variety of Fortune 500 companies. Here, he explains what caused current global supply chain disruptions, and shares the five steps needed to overcome today’s supply chain issues.

Supply Chain Disruption 194

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

Supply Chain Matters

JANUARY 3, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. World economic growth was forecasted to slow from 3.5

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

ToolsGroup

SEPTEMBER 26, 2023

Fabrizio Fantini, Founder and CEO of Evo commented, “Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations. Resources Learn more about this exciting partnership HERE.

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

Supply Chain Game Changer

MARCH 26, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Use ABC Analysis to Categorize Your Inventory. The use of ABC analysis to categorize inventory is not a new concept.

Inventory Management Software 124

Inventory Management Software Inventory Management Inventory Reduction Inventory 124

ModusLink Corporation

APRIL 27, 2023

Global Fulfillment Innovation Centers on ESG in 2023. Environmental, social, and governance (ESG) and its growing importance in supply chain management is a top priority for global fulfillment managers. As supply chains become increasingly global and complex, ESG considerations are gaining importance in supply chain management.

Inventory Reduction 78

Inventory Reduction Waste Reduction Innovation Optimal Sourcing 78

Clear Spider

MARCH 21, 2024

AI inventory solutions create more powerful and adaptive supply chains. Supply chains are more complex than ever before thanks to increasing globalization, shorter trend cycles , and inflation. AI makes use of the endless stream of data collected through inventory management devices and cloud-based applications.

Inventory Reduction 52

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

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Supply Chain Shaman

OCTOBER 11, 2023

Building the Effective Global Supply Chain. We speak about the need to move from a functional understanding to a global, holistic capabilities, but the traditional supply chain leader defines bonus incentives and process performance goals based on functional metrics. Measurement. Attempting to Get Perfect on Imperfect Data.

Supply Chain Planning Software 383

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 383

BlueYonder

DECEMBER 8, 2023

For retailers trying to align inventory with demand this 2023 holiday season, it’ll be like catching falling apples from an uprooted tree in full flight. Despite all the complexity in predicting the season, there are clear clues for how to tactically leverage inventory placement. It needn’t be too much of a juggling act.

Retail 82

Retail Supply and Demand Inventory Demand Planning Software 82

Logistics Viewpoints

APRIL 24, 2024

Mr. Elliott pointed to four main predictions for 2024, and then outlined the three pillars of how Körber will be able to meet the goals that align with these predictions. Now, the company is looking to take OMS to the global market. Available to sell is the on-hand inventory minus any promised inventory. Data Visibility.

Course 227

Course Supply Chain Planning Software Predictive Analytics Software Optimization Software 227

ToolsGroup

MARCH 26, 2024

The visualization and scenario planning of the physical and financial value chain overlaid with a digital representation of the actual flow of goods enables us to utilize longer-term strategic supply chain design variations and optimize inventory and service levels.” “Our Book a meeting.

ToolsGroup 156

ToolsGroup Network Design Software Supply Chain Design Software Supply Chain Planning Software 156

RFgen

JUNE 22, 2023

Unlocking the synergy between consulting services, ERP systems, and inventory management is the key to creating a powerhouse of efficiency. Together, consulting and ERP complement each other to improve your inventory management system. Synergy with IM: Consultants bring outside perspective on how best to solve inventory challenges.

Inventory Management Software 72

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 72

Global Trade Management

SEPTEMBER 4, 2023

This highlights the growing importance of traceability in meeting consumer demands and building trust in the food industry. The expansion of global supply chains has introduced complexities and increased the length of the journey that products take from farm to table.

Food 59

Food Meeting Pricing Training Supply Chain Design Software 59

Clear Spider

OCTOBER 10, 2023

Shorter trend cycles, rising costs of goods, and high demand for seasonal products like candy, costumes, and decorations are all haunting manufacturers and retailers globally. In the fast-paced world of seasonal inventory, trend forecasting is crucial for success. Globalization The world is more interconnected today than ever before.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting Software 52

ToolsGroup

JUNE 19, 2018

Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. These companies struggle to meet service level requirements while respecting financial impacts, and have almost no chance to do it optimally.

Optimization Software 120

Optimization Software Inventory Demand Planning Software Modeling 120

Kinaxis

AUGUST 18, 2017

by Alexa Cheater Don’t get caught having your company’s inventory management conversation alone! Re-evaluating your inventory management practices can help you overcome rising supply chain costs, increasing customer demand and the growing complexity of global operations. It can also help raise profits and reduce risk.

Inventory Management 147

Inventory Management Inventory Reduction Inventory Company 147

Taulia

FEBRUARY 4, 2022

And it’s arguable that this very feature of modern global economics has been a key driver in global trade’s journey towards being ever-more efficient from a consumer perspective. However, the global nature of our supply chains also exposes businesses to new risks and challenges that must be conquered.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 98

ToolsGroup

DECEMBER 11, 2023

BOSTON and LONDON – December 12, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce to has been named a technology leader in the in the SPARK Matrix™ analysis of Intelligent Retail Pricing and Promotion Optimization (IRP&PO) by Quadrant Knowledge Solutions (QKS).

ToolsGroup 156

ToolsGroup Price Reduction Optimization Software Modeling 156

HICX Solutions

FEBRUARY 15, 2024

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. This has been acutely highlighted since the turn of the decade due to global events. The Global Supply Chain Landscape: What is the current situation?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 52

Logility

JULY 5, 2023

To meet the challenges posed by rapidly evolving customer demands, market volatility, and global disruptions, businesses are turning to advanced technologies. This leads to optimized inventory levels, reduced stockouts, and enhanced customer satisfaction.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Modeling Scenario Planning 191

Unleashed

MAY 30, 2023

Seasonal spikes and boosts in customer demand are great – if you’ve got enough stock available to meet them. Anticipation inventory is the solution to this problem. Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. What is anticipation inventory?

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

ToolsGroup

AUGUST 8, 2023

That’s why we’re excited to be adding River Logic, a global innovator in advanced analytics for planning and decision support to our partner family. SO99+ provides end-to-end visibility through a digital supply chain twin that models goods and inventory movement.

ToolsGroup 293

ToolsGroup Modeling Supply Chain Design Software Supply Chain Planning Software 293