ToolsGroup

MARCH 25, 2025

Even more impressive, lost sales due to stockouts can decrease by up to 65%, while inventory reductions of 20% to 50% are possible. This advanced analysis allows businesses to predict promotional lift with unprecedented accuracy, ensuring optimized production schedules and inventory positioning through sophisticated supply planning.

Supply and Demand 156

Supply and Demand Forecasting Forecasting Software Modeling 156

ToolsGroup

FEBRUARY 12, 2025

The key is to measure how well your supply chain can absorb uncertainty, rather than striving for perfect forecasts. Heres how to approach this shift from forecast-driven to uncertainty-driven planning: Acknowledge that your forecast will be wrong. If your forecast is wrong, then any decisions based on that forecast will also be wrong.

Optimal Sourcing 156

Optimal Sourcing Modeling Forecasting Supply and Demand 156

Logistics Viewpoints

NOVEMBER 4, 2024

We are no longer just forecasting demand but also when trucks and factory machinery are likely to break down ( predictive maintenance ), the optimal amount of inventory to hold and where it should be held ( inventory optimization) , and labor forecasting in the warehouse.

Supply Chain Planning Software 307

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 307

ToolsGroup

JUNE 2, 2023

Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. So how does a manufacturer navigate this rollercoaster? And that’s where real-time perpetual inventory signals come in.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

GlobalTranz

APRIL 13, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Price fluctuations and sourcing issues. Trade disputes and tariffs.

Supply Chain Disruption 307

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 307

Supply Chain Game Changer

JUNE 29, 2025

Diversify your sources: Avoid placing all your supplier eggs in one geographical basket. Maintain reserve stocks: Keep extra inventories as a buffer against abrupt shortages Cultivate multiple sourcing strategies: Broadly distribute risk by diversifying the number of vendors for any given product line.

Supply Chain Disruption 80

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Sourcing Strategies 80

Supply Chain Shaman

JANUARY 7, 2025

Compared to peer group performance for 2013-2023, 59% of the Gartner Top 25 score below their peer group on average revenue growth, 41% below inventory turns, and 41% below their sector on invested capital. The data outcome is open source and can be used to improve project outcomes. How Do You Drive Value? Your next step?

Optimal Sourcing 367

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 367

Logistics Viewpoints

JANUARY 11, 2024

If you can’t see what’s truly going on at any moment in time across your supply chain, you’ll make yourself vulnerable to lost opportunities, lost income, lost inventory, lost shipments, and eventually, lost customers. How can you make it all work together and build a better supply chain business, fast? So, what next?

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Network Software Analytics Software Forecasting Software 312

Logistics Viewpoints

JANUARY 21, 2025

data extractors, search APIs) to perform tasks, enabling them to dynamically adjust to new information and real-time knowledge sources. Inventory Management AI Agents can track stock levels in real-time and compare them with demand forecasts, optimizing inventory levels and preventing overstock or stockouts.

Supply Chain Planning Software 293

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 293

Kinaxis

MARCH 19, 2019

by Richard Cushing In part one of my inventory management best practices series I argue that inventory cannot be managed until it is controlled, and present the notion our general willingness to apportion blame upon unreliable data from enterprise resource planning (ERP) systems is misplaced.

Inventory Management Software 246

Inventory Management Software Inventory Management Inventory Reduction Inventory 246

Logistics Viewpoints

APRIL 21, 2021

This includes the entry of the order, sourcing, payments, and fulfillment. The benefit is that it does not matter where an order originates; all fulfillment channels have access to the information and the retailer can appropriately allocate the inventory depending on stock levels, demand requirements, and timing of fulfillment.

Sourcing Strategies 301

Sourcing Strategies How To Supply Chain Design Software Supply Chain Planning Software 301

Demand Driven Technologies

JANUARY 30, 2025

Understanding Safety Stock Calculation Strategic inventory positioning is critical in supply chain management, and one of the most important aspects of this is determining safety stock. Statistical formulas are commonly used to size safety stocks, helping businesses account for demand variability and lead-time variability.

Optimal Sourcing 91

Optimal Sourcing How To Inventory Management Supply and Demand 91

ShipBob

JUNE 20, 2025

Table of Contents ** Minutes What is product sourcing? Where can I source products from? This makes it essential that buyers understand where they are sourcing their products from and how that ultimately affects their brand. What is product sourcing? Where can I source products from?

Purchasing Skills 64

Purchasing Skills Optimal Sourcing Sourcing Strategies Manufacturing Procurement 64

ToolsGroup

APRIL 12, 2019

With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. This invariably leads to extra freight costs and excess and obsolete inventory that either needs to be written off or sold at a heavy discount.

Supply Chain Planning Software 227

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 227

Logistics Bureau

JANUARY 16, 2025

When we talk about building a resilient supply chain, we’re not just discussing having backup suppliers or extra inventory. 2) Diversify Your Operations The companies most likely to get through a crisis are those that have made an effort to diversify their operations and implement multi-sourcing strategies.

Sourcing Strategies 74

Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 74

Supply Chain Shaman

JULY 31, 2024

My goal was to think harder about how to best implement Advanced Planning before I wrote my next post. In one project, I am interviewing over fifty supply chain leaders on their perceived impact of advanced planning, what makes a good plan, and how effectively they use the technology. What is the role of make, source, and deliver?

Supply Chain Planning Software 413

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 413

Supply Chain Brain

JULY 1, 2025

Photo: iStock/South_agency July 2, 2025 Helen Atkinson, Managing Editor How does a retailer stay ahead of the dizzying number of factors that go into whether it can sell what it puts on the shelves at a profit? AI can help. Modeling the future is traditionally predicated on history, or some substitute for history,” says Petro.

Price Reduction 87

Price Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 87

Supply Chain Shaman

APRIL 2, 2025

We have not designed the planning systems to serve managers, directors, and vice presidents, aiming to improve decision-making and collaboration across the source, make, and deliver processes. The third step is to do a data inventory. Business leaders are unable to access planning data and model outcomes.

Optimal Sourcing 195

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Design Software 195

Enterra Insights

DECEMBER 17, 2024

They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. IoT devices track inventory in real time, providing valuable insights into stock movement, reducing waste, and ensuring products are available when needed.”

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. To build supply chain resiliency, leaders should consider these factors: Buffer inventory and shift away from JIT.? Your plan should address technology, processes, and people.

Supply Chain Planning Software 383

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 383

Supply Chain Shaman

JUNE 10, 2025

Supply chain was defined in 1982 as interoperability between source, make and deliver. It includes hedging strategies, alternate bill of materials, supplier sourcing strategies, changing routs to market, redesigning push/pull decoupling points, demand shaping policies, and use of outsourced manufacturing and distribution.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Waste Reduction 221

Logistics Bureau

NOVEMBER 13, 2024

Beyond mere organization, a well-designed layout ensures optimal worker productivity, smooth inventory flow, and enhanced safety while minimizing costly inefficiencies. 3: Pick it Up – Put it Down … Again Every time your warehouse team members pick up an item from your inventory, it costs money for your operation.

Sourcing Strategies 75

Sourcing Strategies Optimal Sourcing Material Savings Warehousing 75

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. Go to the source.

Supply and Demand 431

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 431

RFgen

NOVEMBER 27, 2024

It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. That’s where data analytics comes in.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. How To Overcome Supply Chain Disruption. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions.

Supply Chain Planning Software 329

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 329

AIMMS

MARCH 30, 2020

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources.

Supply Chain Disruption 348

Supply Chain Disruption Supply Chain Design Software Scenario Planning Supply Chain Planning Software 348

Supply Chain Shaman

JUNE 26, 2025

Table 1: Aligning the Organization to a Balanced Scorecard to Maximize Market Potential When we isolate the impact and only focus on only operating margin/inventory turns compared to a focus on cost of goods/inventory turns (as shown in Table 2), the impact is a 63% reduction in market capitalization/employee.

Material Savings 221

Material Savings Waste Reduction Cost Reduction Strategies Price Reduction 221

Logistics Viewpoints

FEBRUARY 20, 2024

This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. Optimal sourcing plant is different for different periods A baseline optimization model shows that depending on the period (month), the optimal sourcing location varies.

Sourcing Strategies 307

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 307

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. I remember well when we got to the safety stock calculation asking him how we updated the optimization engine for network variability. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. A guy by the name of Gary trained me.

Supply Chain Planning Software 343

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 343

Logility

OCTOBER 24, 2024

This eliminates the need for lengthy back-and-forth communications and manual data entry by delivering a single source of truth. Doller emphasizes the benefits: “This makes the data accessible to any user, whether it’s planners, executives, or other stakeholders, without having to know how to write queries or run reports.” The result?

S&OP 224

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 224

Freight Plus

FEBRUARY 13, 2025

Companies that foster long-term partnerships with their suppliers are often better positioned to navigate challenges together, whether that involves adjusting delivery schedules or finding alternative sourcing solutions. Establishing Inventory Buffer Zones Inventory management is a critical aspect of a resilient supply chain.

Supply Chain Planning Software 52

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

ivalua

MAY 10, 2025

This guide breaks down the key procurement technologies in use today and the trends reshaping the future, such as AI-driven sourcing, predictive risk management, and deeper integration across the supply chain. What Is Procurement Technology? Here are some of the most important tools teams are already using.

Procurement Solutions 130

Procurement Solutions Sourcing Strategies Optimal Sourcing Analytics Software 130

ThroughPut

FEBRUARY 18, 2025

In todays fast paced industrial world, inventory mismanagement poses substantial financial risks. With approximately $30 trillion of trade flowing from node to node, inventory rebalancing or mismanagement contributes to two major and often preventable issues: lost uptime, and lost sales. The Solution: ThroughPut.AI

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Waste Reduction Cost Reduction Strategies 52

Clear Spider

OCTOBER 21, 2024

Now’s the time for businesses to look back at the strain that rising inflation put on their supply chains and inventory management. In this blog, we’ll explain the impact of rising inflation rates on inventory and supply chain management. This has forced many manufacturers to reevaluate their sourcing and pricing strategies.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Purchasing Skills 52

QAD

APRIL 9, 2025

This is compounded by the fact that many raw materials are sourced from a limited number of suppliers and regions. Beyond the well-documented API sourcing problems, shortages in excipients, packaging materials (including vials and syringes), and electronic components for medical devices also contribute to delays.

Supply Chain Disruption 52

Supply Chain Disruption Pharmaceutical Supply Chain Planning Software Supply Chain Software 52

ToolsGroup

JULY 19, 2023

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. Let’s take a look at the challenges associated with digital twins and how real-time data systems are changing the game for companies looking to leverage them. Get the insights you need.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. Source: Insider.

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156