Talking Logistics

SEPTEMBER 4, 2018

What is Inventory Management? For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. For Logistics the focus is on high inventory turns. Inventory Management is about having a right balance of expectations from different functions of the supply chain.

Inventory Reduction 117

Inventory Reduction Inventory Management Software Logistics Network Optimization Software Inventory Management 117

Kuebix

APRIL 15, 2021

The pandemic presented businesses of all industries with challenges regarding inventory, transportation and health and safety standards that have been difficult to overcome. The post Packaging Automation is Becoming a Reality for Supply Chains appeared first on Kuebix. Automated technology […].

Supply Chain Software 128

Supply Chain Software Packaging Supply Chain Supply and Demand 128

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Logility

AUGUST 10, 2021

But for anyone in the consumer packaged goods (CPG) industry, figuring out how to compete in a demand-driven consumer packaged goods market has been a roller coaster of both uncertainty and opportunity. Here are three ways to help position your business to compete in a demand-driven consumer packaged goods market.

Modeling 130

Modeling Supply Chain Planning Software Scenario Planning Demand Planning Software 130

Logility

SEPTEMBER 7, 2021

All businesses need to manage the product life cycle effectively if they want to be successful, but this is especially important for companies that deal with consumer packaged goods (CPG) products, such as clothing, cosmetics, electronics, and seasonal items. Orienting CPG inventory management around agility can help significantly.

Packaging 130

Packaging Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 130

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. The industry struggles with groupthink. Most companies are not clear.

Supply Chain Planning Software 287

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 287

QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. and bring inventory accuracy up to an impressive 99.9%. What is RFID Technology? RFID tags can reduce out of stocks by up to 80.3%

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

DELMIA Quintiq

OCTOBER 25, 2015

This has a direct impact on packaging manufacturers who now need to find ways to cope with more diverse demand. The packaging industry is one of intense competition, so individual manufacturers have to keep up. As a result, most packaging manufacturers struggle with delivery reliability and high inventory levels.

Packaging 120

Packaging Manufacturing Resource Reduction Inventory Reduction 120

My Office Apps

JULY 19, 2023

Efficient Consumable Inventory Management: Tips for Success in Supply Chain Optimization Welcome to the ultimate guide to efficient consumable inventory management! Understanding Consumable Inventory Consumable inventory plays a crucial role in various businesses and industries.

Inventory Management Software 54

Inventory Management Software Inventory Management Inventory Reduction Inventory 54

Unleashed

FEBRUARY 15, 2021

From the continuing impact of the global pandemic to the ever-increasing importance of ‘transparency technology’ and sustainable practices, the food industry has its work cut out for it in 2021. So if you have a thirst for knowledge, here’s all you need to know about food industry trends for 2021. Consumer trends in food industry.

Food 93

Food Trends Industrial Industry 93

Unleashed

MAY 7, 2023

With the right systems in place, manufacturing inventory management can help to reduce production and ensure all operational processes are carried out effectively and efficiently. In this guide, we cover the types of manufacturing inventory, the costs, and a few handy strategies for managing it effectively.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

For visualizing a products next life or “end of product life”, I will be focussing on packaging. #1 1 Your Input Channel In November 2022 my story To Realize the Circular Economy Dream – Reach Out to Your Community , I used the example of a company that takes bread crusts (a by-product of one industry) and uses it for making beer.

Optimal Sourcing 162

Optimal Sourcing Supply Chain Planning Software Singapore Logistics Network Optimization Software 162

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

SupplyPike

JUNE 15, 2020

Learn about: The definition of consumer packaged goods The types of CPGs What the CPG marketplace looks like Top trends in the CPG industry. Consumer packaged goods (CPG) describe merchandise that has to be reloaded frequently, as opposed to items that can be replenished after longer durations. Types of Consumer Goods.

Packaging 56

Packaging Manufacturing Procurement Purchasing Skills Consumer Goods 56

RFgen

MAY 19, 2020

Food and beverage companies face inventory challenges from public scrutiny over food safety and granular government oversight. From the rising popularity of “meatless” products to an increased focus on sustainable packaging, consumers continue to drive trends throughout the food and beverage industry. Food habits are changing.

Real-time Visibility 55

Real-time Visibility Beverage Food Inventory Reduction 55

The Logistics of Logistics

MAY 8, 2023

Shane is Founder and CEO of Square1 Distribution & Logistics , a 3PL Warehouse that focuses on the Beauty and Packaged Food sectors. He is the Founder and CEO of Square1 Distribution & Logistics, a 3PL Warehouse that focuses on the Beauty and Packaged Food sectors. He is also a US Army veteran.

3PL 215

3PL Missouri Logistics Network Optimization Software Warehousing 215

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

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

RFgen

MAY 19, 2020

Food and beverage companies face inventory challenges from public scrutiny over food safety and granular government oversight. From the rising popularity of “meatless” products to an increased focus on sustainable packaging, consumers continue to drive trends throughout the food and beverage industry. Food habits are changing.

Real-time Visibility 52

Real-time Visibility Beverage Food Inventory Reduction 52

Logility

OCTOBER 17, 2017

Although I am fully aware of the product proliferation trend driven by customer segmentation, it is still eye watering to see that a store would carry 13 different varieties of olives or 48 different brand/package combinations of toilet paper. eBook: The Inventory Optimization Handbook.

Modeling 200

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Optimization 200

ToolsGroup

MAY 17, 2016

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost.

Optimization Software 180

Optimization Software Omnichannel Inventory Reduction Supply Chain Optimization 180

ThroughPut

MARCH 30, 2021

Making Zero Waste Supply Chain A Possibility in the Food Industry with AI. These statistics are astounding and one of the many reasons why we stand here today is the massive market inefficiencies and supply chain issues in the food industry, which do not exist as significantly in other industries. billion tons worth $1.5

Waste Reduction 126

Waste Reduction Supply Chain Planning Software Resource Reduction Supply Chain Software 126

Logistics Viewpoints

FEBRUARY 9, 2023

There are 3 common myths when it comes to adding new voice solutions to existing host or warehouse management systems (WMS): The Legacy Myth – You need a Tier 1 WMS to use voice-directed mobile applications so you should replace your custom-built systems or upgrade your legacy WMS package before looking at other solutions.

Optimization Software 167

Optimization Software Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 167

Logility

AUGUST 31, 2023

The consumer goods industry may have experienced tremendous growth, but figuring out what consumers want is an ever-evolving puzzle. This experience is not only frustrating industry executives – it’s compelling them to reassess their sales and operations planning (S&OP) process.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

ToolsGroup

JULY 27, 2021

On the surface, it seems like the consumer packaged goods (CPG) industry performed better than most during the COVID pandemic. But for this high SKU count industry where demand is as unpredictable as New England weather, the condition of many consumer goods supply chains is far from rosy. Make Sure Your Inventory is Healthy.

Agile and Lean Supply Chain 290

Agile and Lean Supply Chain Supply and Demand Supply Chain Planning Software Gartner 290

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

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

Adexa

FEBRUARY 11, 2020

Increasing Inventory Turns. In order to optimize resources and ensure the right product mix, the system needs to be capable of modeling the environment for tanks and packaging. It needs to take into account set-up times, campaigns, product mix and synchronization with packaging lines. Optimizing the use of resources and ROA.

Pharmaceutical 71

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Scenario Planning 71

Unleashed

JULY 12, 2023

Inventory is often the largest current asset in a business. Before you develop an effective inventory management strategy you need to understand what inventory is, its various types, and how it works in a business. What is inventory? Inventory is the stock of goods and materials currently owned by a business.

Inventory Reduction 52

Inventory Reduction Examples Inventory Material Savings 52

Unleashed

OCTOBER 31, 2023

Greater compliance lifts your reputation within your industry, and amongst your customers, and it improves your standing with compliance monitors. Manufacturers can leverage this to attract, hire, and keep the best people in their industry while establishing a reputation as a preferred place to work.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Logility

MARCH 19, 2021

Drilling down, you’ll learn that demand planning, inventory, replenishment, manufacturing and Sales and Operations Planning (S&OP) capabilities are the building blocks of supply chain planning excellence. This presents a perfect opportunity to simplify packaging and finally reduce SKUs, resulting in fewer set-ups.

Beverage 144

Beverage Food Modeling Supply Chain Planning Software 144

ShipBob

APRIL 22, 2020

When it comes to understanding how customers interact with ecommerce brands, packaging is by far one of the most ubiquitous elements. This is great for business, but with all of this spending online comes another cost: more packaging waste, and therefore a growing environmental impact. What is eco-friendly packaging?

Packaging 92

Packaging Purchasing Skills Waste Reduction Material Savings 92

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

QAD

DECEMBER 7, 2021

Transportation, scheduling and on-time delivery are important for any manufacturer and inventory manager to keep manufacturing and supply chain businesses running smoothly. Unforeseen disruption can cause unexpected delays, but there are many operations in the manufacturing industry that can be streamlined through automation.

Inventory Management Software 94

Inventory Management Software Inventory Management Supply Chain Software Inventory Reduction 94

Unleashed

AUGUST 3, 2021

The growth in pet ownership in 2020-2021 has seen unprecedented demand in the pet food sector – a true industry boom. Here we provide an overview of the latest pet food industry trends, and answer the question: how can pet food manufacturers respond to changes in consumer demands to take advantage of these new trends? manufactured?pet

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

DELMIA Quintiq

JULY 31, 2023

The food and beverage (F&B) industry has always been highly responsive to changes in consumer behavior, but rising food prices have brought about new challenges—pushing manufacturers to search for new ways to adapt and remain competitive in a rapidly changing market. Solutions to overcome challenges in: 1.

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156

RFgen

MAY 10, 2023

The ability to control costs is critical for effective inventory management. Regaining control over your inventory can make your warehouse and shop floor more efficient. But how do you reduce inventory costs and maximize profit margins? Cutting Costs: Strategies for Reducing Inventory Costs 1. or higher.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Vendor Strategies 52

Logility

MAY 12, 2020

As a former Director of Supply Chain Management for a multi-national, multi-channel food manufacturer, I experienced first-hand the variety of challenging problems faced by supply chain planners in the unforgiving Food and Beverage Industry. I definitely earned some grey hair while leading supply chain activities in the F&B industry.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 134