EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. Accurate demand forecasting is critical for JIC inventory management.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting 52

Logistics Viewpoints

JUNE 9, 2022

The result is often a peak sales volume for a specific group of items. This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. Everyone is familiar with such seasonal demands.

Logistics Network Optimization Software 224

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 224

USC Consulting Group

APRIL 1, 2020

Sales, Inventory & Operations Planning (SIOP) is a dynamic process in which the company’s operating plan is updated on a regular monthly or more frequent basis. Another contribution of Sales, Inventory & Operations Planning is that it enables the company to fine-tune its long-range strategic plan and annual business plan.

Inventory Reduction 75

Inventory Reduction Resource Reduction Supply Chain Planning Software Material Savings 75

Supply Chain Shaman

JUNE 30, 2023

As a supply chain leader, he is struggling how to dance in the ring of fire. As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet. Anne is a lean disciple and sees all inventory as Muda. This week, I spoke to John. Let me explain.

Supply Chain Planning Software 329

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 329

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 98

EazyStock

FEBRUARY 1, 2021

Better Inventory Management for eCommerce. A critical area of focus should be your eCommerce inventory management processes. Want to know how? Here’s how eCommerce businesses can improve their inventory management. Improving your eCommerce Inventory Management. Forecasting eCommerce inventory demand.

Inventory Management Software 52

Inventory Management Software Modeling Optimization Software Inventory Management 52

BlueYonder

OCTOBER 12, 2017

You may be wondering why the number of raspberry gourmet coffee boxes Kroger has in their inventory at their store in rural Georgia even matters, but it does and here’s why: Inventory management is a critical part of every company’s supply chain and is a large part of the operating costs in all industries. How JDA Labs Can Help.

Modeling 79

Modeling Optimization Software Optimization Modeling Supply Chain Optimization 79

Supply Chain Shaman

NOVEMBER 21, 2023

My client attempted to have a supply chain discussion to improve flow, and his executive group just did not get it. In the early 1980s, As a result, we did not have a perpetual inventory signal. Without a perpetual inventory signal, we were never synchronized on where to place customer orders. His view was very transactional.

Supply Chain Planning Software 343

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 343

Logility

JANUARY 12, 2021

Live Event Explores How to Improve Profitability, Increase Customer Satisfaction and Free Working Capital. automating the digital transformation of supply chain optimization and advanced retail planning, invites you to the upcoming webcast: Roadmap to Overcoming Five Obstacles to Achieving Multi-Echelon Inventory Optimization.

Optimal Sourcing 130

Optimal Sourcing Logility Optimization Software Supply Chain Planning Software 130

Supply Chain Shaman

DECEMBER 17, 2019

This production logic is key to the management of inventory policy. Leadership groups throw around concepts without running the terms to ground. Over 95% of companies are stuck at the intersection of growth, cost, customer service, asset utilization, and inventory. Production plans require a focus on cycle stock management.

Supply Chain Planning Software 213

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Supply Chain Strategy 213

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain. Which brings me back to Anna. She is a disbeliever.

Supply and Demand 389

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 389

ToolsGroup

MAY 1, 2018

Using the Gartner Demand Planning five stage maturity scale, analyst Mike Griswold estimated on a recent call that retailers as a group averaged just 2.3 leaving money on the table due to poor inventory performance. These two improvements deliver a forecast with fewer errors and a general improvement in inventory performance.

Gartner 180

Gartner Supply and Demand Optimal Sourcing Forecasting 180

EazyStock

JANUARY 21, 2021

EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment. In this post we’re going to review Dynamics Business Central’s inventory management capabilities and discuss what additional features and benefits EazyStock can offer. Manage non-stocked items.

Inventory Management Software 52

Inventory Management Software Inventory Management Forecasting Software Optimization Software 52

EazyStock

MAY 24, 2022

Often, businesses focus on inventory management from a supply chain perspective – holding enough stock to meet customer demand and hitting fulfillment targets. This post, however, will focus on the financial aspect of inventory: inventory value – taking an accountant’s view of how to manage stock effectively.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Management Inventory 52

BlueYonder

JANUARY 18, 2024

Inventory that can’t be sold is a cost, and the shipping and logistics operation that gets it back to DCs is another cost. How To Maximize the Profitability of Returns The key to improving returns speed is to dynamically switch the logistics approach depending on the profitability of the item.

Logistics Network Optimization Software 57

Logistics Network Optimization Software How To Supply Chain Software Retail 57

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

My Office Apps

JUNE 22, 2021

Inventory Control and Inventory Management. Regardless of the industry that your business is in, one of the universal truths of operating a successful business is optimized inventory management and control of inventory. The Difference Between Inventory Management and Inventory Control.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Optimization Software 52

ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

RFgen

JULY 1, 2022

Cycle counting is an essential best practice inventory control in the warehouse. Knowing how and when to perform cycle counts helps minimizes extra work. If you handle inventory, then you’re familiar with counting items. Meanwhile, wrong count levels hold back your entire inventory operation. Operational Efficiency.

Inventory Reduction 52

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

Enterra Insights

JUNE 25, 2019

For the last few years, inventory shrinkage has annually cost U.S. ” Regardless of how inventory is lost, shrinkage costs retailers a lot of money. To reduce shrinkage, retailers need to have a strategy to address each of the ways inventory can be lost. Inventory shrinkage strategies. Somewhere between 1.5%

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Inventory Vendor Strategies 100

Synovos

FEBRUARY 21, 2023

Many of those responsible for indirect procurement pursue a policy of reducing the number of suppliers used, focusing on trusted partners that offer product selection, good value, technical backup and other resources such as value-add services for procurement, inventory and maintenance. The war in Ukraine has now exacerbated this problem.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

BlueYonder

OCTOBER 12, 2017

You may be wondering why the number of raspberry gourmet coffee boxes Kroger has in their inventory at their store in rural Georgia even matters, but it does and here’s why: Inventory management is a critical part of every company’s supply chain and is a large part of the operating costs in all industries. How JDA Labs Can Help.

Modeling 40

Modeling Optimization Software Optimization Modeling Supply Chain Optimization 40

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Both companies outperformed their peer groups.

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

Vinculum

APRIL 12, 2022

The organization uses different technologies to operate the inventory to enhance productivity to the pinnacle at a cheap rate and is easy to access in a sophisticated and straightforward way. And approximately 18% of the midsize or small companies have inventory set up in 2020. Inventory Optimization, to a more significant extent.

Inventory Management Software 52

Inventory Management Software Optimization Software Inventory Management Demand Planning Software 52

Elementum

JULY 11, 2022

The testing steps include: piloting a project management tool with a small group assessing the impact across different functions gathering a diverse range of opinions A popular approach is to test a project management tool against a live project to get a sense of how it works in a real-time scenario.

Supply Chain Network Software 78

Supply Chain Network Software Optimization Software Procurement Solutions Demand Planning Software 78

Supply Chain Shaman

APRIL 15, 2020

I continue to think about the COVID-19 recovery and how to help clients. To adapt, I recommend that companies form two groups: Operational/Business Continuity Group. The design of the second group is to analyze and reformat the supply chain for economic recovery. Evaluate Inventory. It is tough. Recovery Team.

Supply Chain Planning Software 443

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 443

Vinculum

APRIL 21, 2022

Inventory management helps you set the stock diversely and generate massive revenue. This article will learn ten strategies to make your inventory safer and secure to save money in real-time. Importance of Inventory Management. Make sure you consistently have essential items in the stock to manage the inventory accurately.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Modeling Software 52

Vinculum

APRIL 27, 2022

A software that heroes are tracking sales, inventory, orders, fulfillment alongside completing multiple orders. A good OMS entails: Route insights from warehouses based on proximity to arrival point and inventory tracking. Update inventory insights across sales channels and systems in real-time. Order management to fulfillment.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Supply Chain Software Expense Reduction 52

Unleashed

MARCH 8, 2023

Choosing the best inventory management software isn’t easy. This guide is designed to inform you which features are most important, the best time to invest in inventory software, and the costs you can expect to pay. Key considerations Manual management of inventory is time-consuming and prone to error. What’s your budget?

Inventory Management Software 52

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

Supply Chain Shaman

JUNE 7, 2021

He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. I would argue to John: no one knows how to drive a step-change in process improvement. Reflection.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Logistics Viewpoints

APRIL 27, 2023

Today’s article comes from Eric Mcpherson at Open Sky Group and looks at a WMS budget and preparing for implementation. Plan for training – An implementation will save you money and give you a competitive edge, but only if your employees know how to use the new system.

Supply Chain Planning Software 203

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 203

Vinculum

JULY 9, 2022

At the heart of every growing eCommerce business doesn’t lie great sales or a great marketing strategy – how strategic your inventory management is what gears a successful product-based eCommerce business. Inventory Management may spiral out sometimes, but not with the best inventory management systems.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Predictive Analytics Software 52

Logility

SEPTEMBER 19, 2017

From a supply chain standpoint the battle for new product profitability relies largely on two key capabilities, developing accurate new product forecasts and optimizing new product inventory. reduction in finished goods inventory (days). reduction in inventory obsolescence (percent of inventory value).

Inventory Reduction 103

Inventory Reduction Optimal Sourcing Modeling Inventory 103

Vinculum

APRIL 21, 2022

WMS comes with the best output solutions while managing the inventory at an utmost level to attract the vast crowd vividly. WMS is a tool to manage inventory and other work processes significantly. Such software helps manage other business models like CRM, manufacturing, sales, inventory, and accounting of the products significantly.

Modeling Software 52

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

Supply Chain Shaman

AUGUST 7, 2019

Here I share insights on how to get started using a four-step process. To accomplish this goal, I ask a cross-functional group to audit the past year. As a group, we drill into root issues. Many times useful data exists in marketing or sales groups, but is not shared with the supply chain team. inventory turns.

Supply Chain Design Software 252

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 252

Supply Chain Shaman

OCTOBER 13, 2022

Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%. Coming off a period of high growth, companies are struggling with margins and inventory. In the face of future demand and rising inflation, now is not the time for companies to hold excess inventory. (On See the pattern?

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

ToolsGroup

JUNE 15, 2020

Gartner’s report, “ How to Build a Strong Business Case for Your Supply Chain Planning Technology Investment ” provides recommendations to help supply chain professionals secure the executive and financial sponsorship required to move supply chain planning technology projects forward. How will the technology remove these barriers?

Supply Chain Planning Software 319

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Forecasting Software 319