SCMDOJO

NOVEMBER 29, 2023

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow.

Inventory Reduction 91

Inventory Reduction Material Savings Resource Reduction Inventory Management Software 91

My Office Apps

NOVEMBER 16, 2023

Differentiating Specialized Food Inventory Software: Beyond Standard Inventory Management Solutions Not all inventory management software is created equal. This guide illuminates the key differences between generic inventory solutions and specialized software tailored for the intricacies of the food industry.

Inventory Management Software 84

Inventory Management Software Supply Chain Design Software Optimization Software Modeling Software 84

American Global Logistics

FEBRUARY 22, 2024

But within this storm, innovative trends are emerging, offering companies anchors of resilience and agility to navigate the choppy waters. And more frequent, severe weather events demand agile planning and flexible transportation options. That creates uncertainty about delivery times and inventory levels.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Inventory Reduction 52

Logistics Viewpoints

MARCH 27, 2024

The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory. NLP can also help robots to access and process information from various sources, such as manuals, databases, or websites.

Analytics Software 214

Analytics Software Predictive Analytics Software Optimization Software Supply Chain Network Software 214

ShipBob

APRIL 15, 2024

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Trends Transforming Logistics and Supply Chains In the MENA Region in 2023. Furthermore, using qualitative and quantitative forecasting to manage product inventory and distribution enables the wider operations of the business and results in improved customer experience. billion by 2025.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

My Office Apps

DECEMBER 7, 2023

Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? Efficient procurement processes not only streamline your purchasing cycle but also lead to better inventory management and ultimately, reduced costs.

Inventory Reduction 86

Inventory Reduction Inventory Management Software Cost Reduction Strategies Optimal Sourcing 86

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Supply Chain Shaman

JANUARY 8, 2024

Working on it over the holiday break, allowed me to spend more time to think about the trends that I am seeing in the data. ” Compare the results to the industry trends. The paradigm needs to change to buck the trend. Industry Trend at the Intersection of Operating Margin and Inventory Turns for 2013-2022 My conclusion?

Supply Chain Design Software 235

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 235

Logistics Viewpoints

JANUARY 21, 2021

Machine learning (ML) techniques can be applied to provide more accurate transit information and estimated arrival times (ETAs) by analyzing the historical shipment data in your transportation management systems. Increased lead time accuracy reduces risks involved in transportation and logistics, improving your overall supply chain.

Predictive Analytics Software 344

Predictive Analytics Software Logistics Network Optimization Software Modeling Inventory Reduction 344

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Enterra Insights

DECEMBER 23, 2020

Below are some of the supply chain trends subject matter expert believe will have significant impacts in the coming years. Ensure there is a structured manner in which to maintain this information and act on it.”[3] Hamilton writes, “Another notable trend in supply chain management is the advancement of green logistics.

Agile and Lean Supply Chain 140

Agile and Lean Supply Chain Supply Chain Software Trends Supply Chain Optimization 140

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. What is inventory tracking? It helps to reduce inventory shrinkage and loss.

Inventory Management Software 52

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

Enterra Insights

JANUARY 5, 2022

Although many of the trends discussed below involve technology, supply chain professionals need to give equal attention to people, processes, and technology. ”[1] Improved visibility and connectivity are involved in many of the supply chain trends discussed below. Supply Chain Trends. Digital Supply Chain Transformation.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Trends Agile and Lean Supply Chain 100

GlobalTranz

FEBRUARY 16, 2017

A Quick Recap of Recent Trends in Manufacturing Technology to Think About 2017. Although apps and smart devices will make an impact in manufacturing technologies this year, a few other recent trends in manufacturing technology will dramatically redefine industry standards. Customization Will Replace Traditional Inventory Management.

Manufacturing Procurement 245

Manufacturing Procurement Inventory Management Software Supply Chain Design Software Continuous Improvement 245

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. The rationale behind this transition is simple; digitalization is the new trend for logistics.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

Clear Spider

MARCH 21, 2024

AI inventory solutions create more powerful and adaptive supply chains. Supply chains are more complex than ever before thanks to increasing globalization, shorter trend cycles , and inflation. AI makes use of the endless stream of data collected through inventory management devices and cloud-based applications.

Inventory Reduction 52

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

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy. What is warehouse inventory management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

GlobalTranz

MAY 4, 2018

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. The Problem: Omnichannel Retail Carries an Extreme Level of Interdependence Between Systems and Processes As explained by Entrepreneurer.com , the fastest-moving products account for only 20% of inventory.

Inventory Management Software 163

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 163

ModusLink Corporation

JULY 15, 2022

in Europe, the rise of e-commerce is pressuring retailers, manufacturers, transport, warehouse and logistics companies to fulfil and deliver fast, in full, and meet high expectations for order status visibility, service and returns. A trend that has risen within the Supply Chain industry is related to a shift in Customer Demands.

Supply Chain Software 78

Supply Chain Software Trends Supply Chain Negotiate Pricing 78

GlobalTranz

NOVEMBER 13, 2017

The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. Leaders in these industries would be wise to plan for a future where AI and the IoT transform transportation management. Streamline Decision-Making.

Transportation Management 176

Transportation Management Transportation Internet of things Optimization Software 176

DELMIA Quintiq

AUGUST 7, 2023

Agility and the ability to adapt to today’s complex industry trends become key to successful and competitive production and operations. Real-time synchronization of multiple sub-assembly and material kitting operations for accurate inventory replenishment.

Material Savings 156

Material Savings Agile and Lean Supply Chain Manufacturing Procurement Inventory Reduction 156

GlobalTranz

JANUARY 26, 2018

No one wants to think about lost warehouse inventory, and it can be organizationally frustrating to determine the best process to find, research, and rectify inventory discrepancies. Learn the Landscape, trends, types, & applications. Automate Inventory Control to Reduce Errors. Book Inventory Changes Immediately.

Inventory Reduction 200

Inventory Reduction Price Reduction Warehousing Inventory 200

Supply Chain Opz

NOVEMBER 30, 2015

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. Lastly, air freight has been increasing rapidly over the past decade - a trend I suspect will continue. This led to an environment that had much more supply than demand.

Rail Software 100

Rail Software Trends Transportation Supply Chain Planning Software 100

Logistics Viewpoints

JANUARY 10, 2024

Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. Here are some highlights from these trends in 2023 and implications on supply chain planning. in December 2021.

Logistics Network Optimization Software 245

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 245

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

ShipBob

DECEMBER 13, 2023

The success of any ecommerce business depends greatly on how it manages its inventory health. Now, for some, inventory health may not be an immediate concern. You might say, “I’ll just order plenty of inventory and wait until it sells out.” What is inventory health?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Unleashed

MAY 25, 2023

Do you know your optimal inventory levels? Inventory planning enables you to order the right stock at the right time to meet demand and prevent overstocking. What is inventory planning? It is a key function of modern inventory management. Let’s take a quick look at some of the core benefits of inventory planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

Freightos

APRIL 16, 2017

The Logistics Trend Behind The Latest Trend. Are You Up With The Trends? Rapidly emerging trends demand a flexible supply chain that can harness new technology and find new efficiencies. These trends have pushed innovation, and the need for new logistics technology up and down the supply chain. Contributed Article.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Trends Supply Chain Design Software Supply Chain Planning Software 134

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. This is never more necessary than when preparing for the holiday season.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

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. They ingest information like transportation plans or shipment delays and model the implications of unexpected events. Get the insights you need. Retailers are no strangers to supply chain volatility.

Real-time Visibility 295

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

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. In this inventory replenishment guide: What is inventory replenishment? Preventing stock expiry.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

Supply Chain Game Changer

MARCH 26, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Use ABC Analysis to Categorize Your Inventory. The use of ABC analysis to categorize inventory is not a new concept.

Inventory Management Software 124

Inventory Management Software Inventory Management Inventory Reduction Inventory 124

Supply Chain Game Changer

SEPTEMBER 15, 2021

Featuring Our 10 Best Inventory Management Articles! Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Subscribe Here!

Inventory Management Software 92

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

GlobalTranz

APRIL 21, 2017

Unless your organization has been absent from the takeover of TMS in the conversations of online and print media, you have likely encountered plenty of reasons why a transportation management system (TMS) benefits shippers. Let’s take a closer look at how Transportation Management System ROI actively strengthens supply chains.

Transportation Management 161

Transportation Management Supply Chain Planning Software Analytics Software Vendor Strategies 161

GlobalTranz

OCTOBER 25, 2017

Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want.

Inventory Reduction 125

Inventory Reduction Supply Chain Planning Software Analytics Software Inventory Management Software 125