Logility

AUGUST 15, 2023

Smarter, Not Harder: How to Climb Every Peak in Supply Chain Planning Supply chain planning is like a grand mountaineering expedition. But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability. Take, for example, PVH.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

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

GlobalTranz

APRIL 13, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels. The post How To Overcome Supply Chain Disruption appeared first on GlobalTranz Enterprises, LLC.

Supply Chain Disruption 205

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 205

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase. Knowing the importance of managing the return of merchandise, let’s look at the goals and benefits of a customer-centric return policy.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

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

The Smart Software

JULY 8, 2019

In this blog, we review 10 specific questions you can ask to uncover what’s really happening with the inventory planning and demand forecasting policy at your company. The post Reveal Your Real Inventory Planning and Forecasting Policy by Answering These 10 Questions appeared first on Smart Software.

Forecasting 43

Forecasting Policies Forecasting Software Supply Chain Planning Software 43

Elementum

OCTOBER 3, 2022

This article explains how to sufficiently optimize your supply chain. Reviewing Supply Chain Processes Regularly You have to review your supply chain processes and policies to ensure they are in line with your company’s objectives, which will also help you avoid risks and come up with effective solutions to any problems.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 78

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory. My takeaway?

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

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

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

FEBRUARY 7, 2020

Inventory Management, Business Growth & Expanding Product Portfolios. At EazyStock we talk to a lot of small- and mid-sized businesses (SMBs) who are struggling to effectively manage their inventory. In this three-part blog series we’re looking at each of these inventory management problems.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Management Software Forecasting Software 52

Logistics Bureau

NOVEMBER 23, 2020

Three rules are really important in inventory management. Excess inventory. 3) Draft an Inventory Policy. If you don’t have an inventory policy: 1) You won’t get consensus. Three rules are really important in inventory management. Reduce the Inventory, Make Significant Savings. ARTICLE SUMMARY.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting 52

QAD

JULY 8, 2021

Poor inventory management and lack of full inventory visibility, including inventory held by next tier suppliers. Without the full planning horizon, suppliers are left guessing what to order and how to best allocate their production resources. Do you have a customer inventory policy for long lead time and critical parts?

Supply Chain Planning Software 89

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 89

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 78

Modeling Optimization Software Optimization Modeling Supply Chain Optimization 78

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Modeling 98

Modeling Optimization Software Inventory Reduction Optimization Modeling 98

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

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

Demand Solutions

OCTOBER 7, 2016

We’ve already covered a lot of ground on the topic of inventory reduction. If you don’t believe me, take a look at an excess inventory report sometime. Inventory that is stocked in several warehouses is harder to track—and harder to control. Why Multiple Stocking Locations Cause Inventory Bloat.

Inventory Reduction 162

Inventory Reduction Inventory Forecasting Policies 162

Supply Chain Shaman

NOVEMBER 21, 2023

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. As a result, inventories ballooned after the DRP implementation. Production and replenishment policies should never be distinct.

Supply Chain Planning Software 325

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 325

ShipBob

SEPTEMBER 25, 2023

Before you start selling CBD products online , you should know exactly what to expect and how to prepare. Read on to get the full rundown on how to navigate building a CBD income stream in today’s climate. How to start selling CBD oil online Once you’ve dialed in your legal allowances, you’re ready to set up your online store.

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

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

Logility

NOVEMBER 30, 2023

The primary reason for such a range of emotions stems from not knowing how to adopt AI advancements. Inventory optimization Applying artificial intelligence to inventory management provides immediate insights into inventory performance against the plan.

Supply Chain Planning Software 177

Supply Chain Planning Software Modeling Supply Chain Software Scenario Planning 177

QAD

MAY 23, 2023

The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. The post How to Navigate ESG Risk with Supplier Management Software appeared first on QAD Blog.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

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. Instead, rethink the models and the approach.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

ToolsGroup

NOVEMBER 7, 2017

Here, Gartner says, "The demand plan is integrated with inventory, production and replenishment plan to provide a foundation to address the end-to-end supply chain planning decision." For example, MEIO enables inventory policy to accurately reflect all the sources of demand and supply variability across the enterprise chain.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 168

Taulia

MARCH 14, 2023

Effective working capital management – a process usually geared around improving working capital by freeing up cash trapped on the balance sheet or in inventory – is crucial in turbulent economic conditions. Measuring working capital Before discussing how to improve it, let’s first cover how to measure working capital.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Expense Reduction Cost Reduction Strategies 52

Supply Chain Shaman

SEPTEMBER 20, 2015

As I sit on the back row, I hear platitudes (A number of concepts positioned at a high level without clarity on how to execute). How do they buy from you? How will the policy be executed? Over time, as the business evolves, how will it adapt? In the process, how will you measure success? This makes me yawn.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

SYSPRO Smarter ERP

NOVEMBER 1, 2021

By establishing a B2B e-commerce system, manufacturing companies provide greater flexibility, better inventory management, and decrease the likelihood of human error. Having accurate and real-time visibility into inventory levels will provide additional advantage. Maintaining competitive advantage.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

Ware2Go

OCTOBER 8, 2021

Everything you need to know about inventory tax. Learn which states collect it, its impact on your business, how to reduce it, and how to leverage fulfillment technology to accurately track and control inventory. Understanding Inventory Tax. Is There a Federal Inventory Tax?

Inventory Reduction 52

Inventory Reduction Inventory Expense Reduction West Virginia 52

Supply Chain Game Changer

SEPTEMBER 1, 2021

A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. It is easy to learn how to manage an e-commerce store without the extra work required to stock and ship goods. How You Can Manage Your E-Commerce Store With No Inventory. of global retail sales. Affiliate Marketing.

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Design Software Logistics Network Optimization Software 87

Supply Chain Opz

MARCH 26, 2015

What is Inventory Control? Here we will try to answer most common questions about Inventory Control and also provide additional resources you can use. What is Inventory Control? Inventory control often starts with how to know the demand of particular product. How to Reduce Forecast Error?

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

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 solution? Interested in our services?

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

Unleashed

FEBRUARY 21, 2024

This article explores how to bring down your return rate and save time with an optimised returns management process. 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

Unleashed

MARCH 6, 2024

This can reduce lead times , inventory costs, waste, and errors – and improve customer loyalty and retention. It involves the preparation of contingency plans for different situations to help you reduce uncertainty and risk and optimise inventory levels and costs.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Adexa

OCTOBER 22, 2019

Inventory generates revenue as long as it is moving! So, the basic issue is how to make it move or as they say “turn.” Lack of inventory at the right time means loss of revenue and potentially loss of market share. In the absence of a crystal ball there are many ways to increase the speed of moving inventory.

Inventory Reduction 60

Inventory Reduction Cost Reduction Strategies Inventory Forecasting 60

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Turnover Days and How to Calculate Them.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Company 98

Adexa

APRIL 12, 2022

Improve Supply Chain Resilience with Virtual Inventory Due to recent focus on resilience many supply chain leaders are using inventory in order to mitigate the risk of undesired disruptions in their supply chains. We all know that the more inventory we keep downstream the more expensive it is. Both are needed.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Inventory Prescriptive Analytics Software 52

The Smart Software

OCTOBER 19, 2022

Microsoft 365 BC and NAV can manage replenishment by suggesting what to order and when via reorder point-based inventory policies. The problem is that the ERP system requires that the user manually specify these reorder points and/or forecasts.

Forecasting Software 75

Forecasting Software Predictive Analytics Software Forecasting Inventory Reduction 75