Supply Chain Shaman

FEBRUARY 14, 2022

Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels. Industries carried on average 32 days more inventory in 2020 than in 2007.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

SCMDOJO

APRIL 9, 2024

In the world of logistics, this means enhanced operational efficiency for inventory management, route optimization, safety and security of goods, and resource allocation. It is predicted that this, along with automated warehousing systems and self-driving vehicles, will further reshape the logistics landscape as we know it today.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

RFgen

APRIL 20, 2023

OVERVIEW: Overview of Mobile Inventory Solutions What Problems Does Mobile Inventory Solve? With the growing reliance on digital technologies and reliable data, Oracle Fusion Cloud SCM has emerged as a powerful platform, enabling organizations to optimize their inventory control practices.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

Supply Chain Shaman

FEBRUARY 23, 2017

Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The The Supply Chain Metrics That Matter are a portfolio of metrics which correlate to higher market capitalization. Inventory Turns. We eliminate the lower 1/3 of companies for the period from consideration.

Agile and Lean Supply Chain 154

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 154

Supply Chain Game Changer

JANUARY 30, 2020

World Class Inventory Turnover Breakthrough Elements! “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, We needed to be dramatically better at managing Inventory to convince ourselves, and our customers, that we were a trusted and leading Supply Chain Services partner.

Inventory Reduction 61

Inventory Reduction Inventory Material Savings Supply and Demand 61

ShipBob

NOVEMBER 15, 2021

Rather, with time and planning, you can research the most cost-effective supply chain solutions, and factor in hidden logistics costs that you might not remember to budget for otherwise (such as labor, warehouse insurance, and equipment). Include raw materials as in your inventory management. Meet customer demand quicker.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Small businesses getting squeezed out in push for warehouse space. Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185

Elementum

FEBRUARY 7, 2024

Inventory Management: AI and ML bring precision to inventory control, automating reorder processes and warehouse organization, ensuring optimal stock levels and reducing waste. The development of digital governance frameworks helps enterprises stay within the legal boundaries while striving for operational excellence.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Unleashed

JUNE 15, 2023

The Cost of Goods Sold formula is: Opening Inventory + Purchases + Production Costs – Closing Inventory = Cost of Goods Sold Below, we explain what the cost of goods sold (COGS) is, why it’s important for product businesses, and how to calculate COGS using the cost of goods sold formula. What is cost of goods sold?

Purchasing Skills 52

Purchasing Skills Negotiating Skills Examples Cost Reduction Strategies 52

GlobalTranz

JANUARY 5, 2017

Today's blog is a continuation of yesterday's where we discussed cost management and KPIs with warehousing contracts using a real-world scenario. Now we dive a bit deeper with incentives, gain sharing, should-cost models, and governance in warehousing contracts. What are the other incentives followed in warehousing industry?

Modeling 165

Modeling Warehousing Cost Reduction Strategies Price Reduction 165

RFgen

SEPTEMBER 26, 2018

TABLE OF CONTENTS: The Current State of Inventory Management. Integrate and Optimize Inventory Workflows. Implement Inventory Management Software. Integrate ERP Data with Inventory Processes. Optimize Warehouse Workflows. The Current State of Inventory Management. Automate Your Data Collection Process.

Inventory Management Software 52

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

RFgen

SEPTEMBER 26, 2018

TABLE OF CONTENTS: The Current State of Inventory Management. Integrate and Optimize Inventory Workflows. Implement Inventory Management Software. Integrate ERP Data with Inventory Processes. Optimize Warehouse Workflows. The Current State of Inventory Management. Automate Your Data Collection Process.

Inventory Management Software 52

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

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

American Global Logistics

OCTOBER 25, 2023

The government calculates it based on a survey of prices paid by consumers. Warehousing Status : The three warehousing metrics (Warehousing Capacity, Warehousing Utilization, and Warehousing Prices) are the largest contributors to September's expansion. The GSCPI rose to -0.69

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 52

Elementum

FEBRUARY 7, 2024

Inventory Management: Precision and Efficiency through Automation AI and ML transform inventory management by predicting stock levels, automating reorder processes, and optimizing warehouse organization. This reduces the risk of overstocking or stockouts, ensuring inventory is managed with unprecedented accuracy and efficiency.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Logistics Bureau

DECEMBER 18, 2017

Good inventory management, like everything else, starts with good planning. But planning isn’t just the start; it’s the very foundation of effective inventory control. Inventory planning also happens to be an area that many companies fail to prioritise sufficiently. The Basics of Inventory Planning.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Reduction Inventory Management Software Supply Chain Planning 40

ShipBob

DECEMBER 23, 2021

With a capable Director of Fulfillment to manage the people and processes governing how quickly goods wind up in customers’ hands, your business is better positioned to deliver a stellar customer experience, win business, and maintain growth. 5+ years of industry experience in fulfillment, supply chain operations, or warehouse management.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Optimization Software Logistics Network Optimization Software 52

Unleashed

APRIL 12, 2023

B2B fulfillment, also called business-to-business fulfillment, is when one business supplies inventory to another business or retailer, either to use within the business or for resale to their customers. This includes dates and times inventory will be delivered. Learn more: 12 Warehouse Metrics & KPIs You Should Be Tracking 3.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Since neon gas is used to produce semiconductor chips, both governments and businesses are seeing prices increase. Wall Street Journal ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Game Changer

NOVEMBER 16, 2018

Check out World Class Inventory Turnover Breakthrough Elements! “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, We spent a few days crawling through the finite details of the Supply Chain organization, processes, performance, metrics and strategies. Subscribe Here!

Inventory Reduction 43

Inventory Reduction Inventory Material Savings Supply and Demand 43

Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. Inventory Improvement – Managing with Mechanics vs Applying the Art of Leadership. I thought about the many predecessors who had tackled inventory improvement, and failed.

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

GlobalTranz

FEBRUARY 10, 2017

Government Pressures Will Catalyze Major Decisions. He has threatened to unwind major trade agreements, penalize logistics companies that move operations overseas, including manufacturing and warehousing services, and stifle companies’ plans for growth in emerging markets.

Third Party Logistics 120

Third Party Logistics Logistics Network Optimization Software Procurement Analytics Purchasing Skills 120

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. Yet, the attendees wanted to discuss Lean warehousing.

Supply Chain Planning Software 289

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 289

SCMDOJO

AUGUST 16, 2023

Read More: ERP Master Data: A Guide to Improve Quality & Governance ] Role of Data Analysis through Barcode Scanning and Point-of-Sale Systems Data analysis is at the core of Walmart’s supply chain prowess.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

ShipBob

MAY 11, 2021

One day, you get notified by your manufacturer that there will be a delay, and you have no idea when you’ll receive the next batch of sellable inventory to meet customer demand. . Many factories and warehouses faced closures due to COVID outbreaks, which disrupted the fulfillment and distribution processes. Understand your data.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Material Savings 98

American Global Logistics

NOVEMBER 21, 2023

Data Governance: Establishing effective data governance practices is crucial for maintaining data quality. Data governance involves defining policies, procedures, and responsibilities for managing data assets. Without proper governance, issues may arise. GDPR ), industry-specific regulations (e.g., ISO 27001).

Analytics Software 52

Analytics Software Quality Security Analytics 52

Material Handling & Logistics

DECEMBER 2, 2018

Click the links below to compare this year's innovations to those from previous years: Top 10 Supply Chain Innovations of 2017 : exoskeletons, autonomous forklifts, flying warehouses, last-mile delivery, and more. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Innovation 110

Turvo

SEPTEMBER 16, 2021

Another study by the EPA, titled Fast Facts on Transportation Greenhouse Gas Emissions , noted that “according to the Inventory of U.S. Greenhouse Gas Emissions and Sinks 1990–2018 (the national inventory that the U.S. Communication between the driver, shipper, and 3PL aids in optimizing warehouse pick-ups.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

ThroughPut

NOVEMBER 28, 2023

From keeping tabs on inventory levels and production schedules to orchestrating order fulfillment, managing transportation, and evaluating supplier performance – it’s your one-stop shop for tracking many events and activities. This magic isn’t confined to just one corner of your business.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Unleashed

FEBRUARY 21, 2024

Returns management is the process which governs returned goods from customers. 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.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

USC Consulting Group

NOVEMBER 2, 2021

Now, when a highly centralized, efficient supply chain with overseas lead times meets a global pandemic and governments mandate that cities and provinces stay home for a month, there are going to be supply chain disruptions. INVENTORY solutions, and 5. Excessive inventories drain cash and they tie up working capital.

Supply Chain Disruption 52

Supply Chain Disruption Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Supply Chain Game Changer

SEPTEMBER 6, 2022

They received goods into their warehouses/distribution centres. Delivery performance, quality, operating costs, profitability, inventory turnover, cash flow, and return on investment all varied widely from facility to facility, within regions and across regions. I needed to talk to the employees on the warehouse floor directly.

Optimal Sourcing 80

Optimal Sourcing Supply Chain Optimization Global Supply Chain Planning 80

Supply Chain Game Changer

JANUARY 5, 2021

For some, PPV is a mechanical metric only, measured and reported on but without any further attention paid to it. What exactly is PPV, how can it be managed, and what is the strategic value of investing time and energy in this metric? Inventory levels. Inventory levels, consumption disciplines (eg. Get OUR EBOOKS HERE.

Pricing Training 82

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 82

Supply Chain Game Changer

NOVEMBER 16, 2018

We talked about many ways to impact your Culture, regardless of what improvements you are trying to accomplish, in our Blog post Inventory Turnover Breakthrough (Part 4) – Creating the Culture to Break Barriers! In the situation I was in there were obviously no metrics that were being reviewed and used.

Procurement Analytics 53

Procurement Analytics Inventory Reduction Metrics Forecasting 53

Supply Chain Game Changer

MAY 5, 2020

Despite the numerous government support packages businesses, as well as individuals, need help on how to aggressively manage their cash flow just to survive this pandemic. If you are looking to improve dozens of processes and metrics you will get stuck in the weeds. Government stimulus programs may be of assistance.

Expense Reduction 85

Expense Reduction Material Savings Inventory Reduction Price Reduction 85

Veridian Solutions

OCTOBER 11, 2018

Warehouse managers must understand how to write a successful business case for a WMS focusing on all opportunities for return on investment , maintaining a stringent structure, and a few tips for streamlining the process. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Download WhitePaper. Project approach.

Resource Reduction 53

Resource Reduction Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software 53

Supply Chain Game Changer

JANUARY 12, 2021

The IRS or some other government agency is after you. You receive phone calls or texts looking for you to click or to provide your financial information. You get a message saying you either won a lottery or inherited a lot of money. You are being sued. Or your identity has been stolen. The number of seniors who are scammed is horrendous.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Strategy 57