ToolsGroup

JUNE 2, 2023

Once upon a time, the world of manufacturing was a relatively stable place. 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?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

SCMDOJO

DECEMBER 5, 2024

Leveling up your inventory life cycle can be crucial, but keeping all the fundamental factors jumping is essential to let the life cycle evolve. However, if the life cycle stock is healthy, inventory management is smooth. Inventory management revolves around the pivotal concept of the product life cycle.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory Management 98

Logistics Viewpoints

AUGUST 9, 2022

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. Complete visibility into inventory. All aboard.

Inventory Management Software 261

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 261

RFgen

DECEMBER 27, 2024

Running a manufacturing business isn’t easy. You’re juggling production schedules, managing inventory, keeping an eye on finances, and making sure everything runs smoothly on the shop floor. That’s where a manufacturing ERP comes in. It’s a lot to handle. Let’s get started.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Inventory Management Software 98

Logistics Viewpoints

NOVEMBER 20, 2024

Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change. Technologies such as artificial intelligence, IoT, and predictive analytics enable smarter inventory management, real-time tracking, and predictive maintenance, reducing waste and costs.

Waste Reduction 298

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 298

Logistics Viewpoints

NOVEMBER 27, 2024

For example, coordinating inventory management systems with demand forecasting tools. • Key Consideration: Synchronizing enterprise resource planning (ERP) systems with warehouse management systems (WMS) and transportation management systems (TMS). Real-World Examples of OSI-Inspired Supply Chain Interoperability 1.

Modeling Software 325

Modeling Software Supply Chain Planning Software Modeling Supply Chain Design Software 325

Logistics Viewpoints

JUNE 11, 2025

Warehouse Robotics: Systematic Redesign of Core Functions Warehouse operations have historically relied on manual labor for tasks such as picking, sorting, inventory management, and material handling. Langham Logistics used Gather AI drones to improve inventory accuracy from 97% to over 99.9%, while reducing cycle count time tenfold.

Warehousing 200

Warehousing Inventory Management Software Supply Chain Network Software Supply Chain Planning Software 200

RFgen

DECEMBER 19, 2024

Essential technology solutions, including Warehouse Management Systems (WMS), Inventory Management Systems (IMS), and the transformative power of IoT and automation. Inventory Management Systems IMS give you precise control over stock levels, ensuring an optimal balance and reducing carrying costs.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Logistics Viewpoints

MARCH 26, 2025

Amazons AI-Driven Supply Chain Planning Amazon has integrated AI throughout its supply chain to improve demand forecasting, logistics, and inventory management. This system allows for dynamic inventory adjustments across warehouses, reducing stockouts and minimizing excess inventory.

Supply Chain Planning Software 218

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Planning 218

Logistics Viewpoints

MAY 14, 2025

Flex AI to Support Manufacturing Flow Flex uses artificial intelligence to improve production quality and efficiency in electronics manufacturing. Dell reports reduced cycle times and improved productivity as a result. This approach supports both centralized planning and decentralized execution.

Supply Chain Planning Software 279

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 279

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Organizations require robust inventory management systems capable of handling diverse parts throughout their lifecycle.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

ToolsGroup

JANUARY 13, 2025

New solution debuting at NRF 2025 reduces stockouts and markdowns, driving profitability BOSTON January 13, 2024 ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of Inventory.io, an AI-powered solution designed to simplify inventory management and enhance profitability.

ToolsGroup 156

ToolsGroup Inventory Reduction Optimization Software Supply Chain Optimization 156

RFgen

DECEMBER 19, 2024

Scaling manufacturing operations is crucial for business growth but presents unique challenges. Balancing increased demand with consistent quality and controlled costs is difficult but essential for manufacturers looking to expand. Successfully scaling manufacturing requires more than just adding resources.

Material Savings 92

Material Savings Resource Reduction Sourcing Strategies Inventory Reduction 92

SYSPRO Smarter ERP

MAY 26, 2025

In the fast-paced world of smart manufacturing, making quick, accurate and informed decisions is essential. Real-time decision-making, powered by artificial intelligence (AI) , is revolutionizing smart manufacturing processes. That said, manufacturers need to take several steps to successfully enable these technologies.

Manufacturing Procurement 68

Manufacturing Procurement Optimal Sourcing Inventory Management Software Predictive Analytics Software 68

ThroughPut

MAY 20, 2025

In fact, spare parts mismanagement is one of the leading contributors to operational disruptionsparticularly in the manufacturing, automotive, aerospace, and heavy equipment industries. Thats why a growing number of organizations are turning to AI software for spare parts inventory management. Lets break it down.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Prescriptive Analytics Software Supply Chain Planning Software 52

Enchange Supply Chain Consultancy

JUNE 10, 2025

Do Embrace Technology and Data : Use real-time data for demand forecasting, inventory management, and route optimization. Do Set Clear KPIs and Governance Structures : Establish transparent metrics for sales, coverage, and service levels. Regular reviews and joint business planning foster accountability and trust.

Waste Reduction 165

Waste Reduction Vendor Strategies Inventory Reduction Cost Reduction Strategies 165

Logistics Viewpoints

APRIL 23, 2025

The resulting increase in demand may place pressure on agricultural producers and extract manufacturers to scale operations. Supply chain managers will need to assess supplier capacity, evaluate long-term sourcing contracts, and consider geographic diversification to reduce risk associated with seasonality and regional sourcing limitations.

Manufacturing Procurement 172

Manufacturing Procurement West Virginia Food Sourcing Strategies 172

Logistics Viewpoints

JUNE 3, 2025

Factors like planning tools, inventory management, demand patterns, and innovations in technology contribute to the success or failure of fulfillment optimization. These respondents came from 13 countries and 12 industries, representing decision-makers across project management, fleet management, sales & marketing, HR, and finance.

Optimal Sourcing 225

Optimal Sourcing Optimization Software Price Mitigation Strategies Sourcing Strategies 225

RFgen

DECEMBER 19, 2024

That’s the power of manufacturing data collection. Manufacturing data collection is your secret weapon for boosting efficiency, cutting waste, and staying ahead of the competition. Manufacturing data collection is your secret weapon for boosting efficiency, cutting waste, and staying ahead of the competition.

Manufacturing Procurement 98

Manufacturing Procurement Optimization Software Supply Chain Planning Software Inventory Reduction 98

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. Protecting your bottom line starts with a better understanding of the ways inflation affects supply chain management. Effective inventory management. Talk to our Experts!

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Purchasing Skills 52

Logistics Viewpoints

JUNE 16, 2025

These events impacted everything from facility operations and transportation routes to energy costs and inventory management. The logistics, supply chain, freight transportation, warehousing, and inventory management sectors often operate on razor-thin margins. tallying a staggering $182 billion in damages.

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 151

Logistics Viewpoints

MARCH 19, 2025

Just-in-time (JIT) inventory models, lean supplier networks, and offshore manufacturing reduced expenses but left companies exposed to disruptions. The COVID-19 pandemic and ongoing geopolitical shifts demonstrated the risks of relying on single-source suppliers and minimal inventory buffers.

Supply Chain Software 254

Supply Chain Software Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 254

AFFLINK

JANUARY 13, 2025

Understanding the Importance of Predictive Analytics on Strategic Supply Chain Management As manufacturers and distributors both well know, seasonal inventory planning depends heavily on accurate demand forecasting. This is where predictive analytics can prove instrumental for strategic supply chain management.

Predictive Analytics 48

Predictive Analytics Inventory Reduction Inventory Management Software Procurement Analytics 48

RFgen

DECEMBER 26, 2024

Introduction Inventory management is the backbone of a successful supply chain operation, but it’s often a source of persistent frustration. Mobile inventory management offers a transformative solution, providing the real-time data and streamlined workflows needed to optimize operations and gain a competitive edge.

Inventory Reduction 98

Inventory Reduction Optimal Sourcing Inventory Management Software Inventory 98

Supply Chain Shaman

MARCH 21, 2023

Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. Note that in Figure 1, retail home improvements days of inventory increased 68 days, contract manufacturing days increased 48 days, retail apparel by 28 days, and containers and packaging manufacturing companies by 14 days.

Inventory Reduction 418

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 418

SYSPRO Smarter ERP

APRIL 10, 2025

In a previous blog AI and Machine Learning in Manufacturing ERP: Key Benefits , we discussed the benefits of using AI in manufacturing and how it could be enhanced with an ERP system. While manufacturers are keenly interested in using AI, the main question they have is what are the best use cases for AI in ERP?

Manufacturing Procurement 63

Manufacturing Procurement Manufacturing Supply Chain Design Software Modeling Software 63

ThroughPut

MAY 23, 2025

Leveraging powerful tools like Inventory Management Software , todays COOs gain real-time visibility, streamline operations, and make faster, smarter decisions that keep their businesses ahead of constant change. Integrate logistics, procurement, manufacturing, and distribution for seamless delivery.

Inventory Management Software 52

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

Logistics Viewpoints

FEBRUARY 7, 2025

Companies are proactively acquiring electric vehicle (EV) manufacturers, battery storage providers, and related infrastructure firms to embed sustainability into their operations. Predictive analytics tools enabled by AI are helping organizations optimize inventory management, reduce downtime, and improve demand forecasting.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Cost Reduction Strategies Price Reduction Inventory Reduction 197

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Here I offer three starting points: ESG Initiatives Need to Focus on Inventory.

Supply Chain Network Software 359

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 359

ToolsGroup

NOVEMBER 19, 2024

ToolsGroup’s advanced supply chain planning and optimization suite will be instrumental in refining our inventory management strategy and enhancing our competitive edge.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Inventory Reduction 156

Logility

SEPTEMBER 12, 2024

From retail and food and beverage to manufacturing and life sciences, companies from a wide variety of industries are realizing the benefits of the technology, revolutionizing how they operate, collaborate, and generate value. Retailers are leveraging cloud-based platforms to optimize inventory management and enhance customer engagement.

Supply Chain Planning Software 200

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 200

ToolsGroup

MARCH 31, 2025

Nucleus Research classifies inventory optimization as a predictive analytics function, with stochastic (probabilistic) planning systems consistently outperforming traditional methods in optimizing stock levels. Probabilistic demand planning enables businesses to optimize stock levels while reducing costs and improving service levels.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Forecasting Software Inventory Reduction 156

ToolsGroup

SEPTEMBER 30, 2024

This sector is driven by several factors, including the ageing vehicle population, the rise of e-commerce platforms , and technological advancements in vehicle manufacturing. This shift has led to a growing need for agile inventory management and quick delivery systems.

Manufacturing Procurement 156

Manufacturing Procurement Optimization Software Supply Chain Planning Software ToolsGroup 156

DELMIA Quintiq

SEPTEMBER 14, 2023

Medical Device manufacturers face an increasingly dynamic and intricate landscape. Innovative personalized manufacturing approaches have emerged, yet many organizations struggle to fully realize their potential in this rapidly evolving race.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

My Office Apps

JANUARY 13, 2025

ERP for Manufacturing Manufacturing businesses face unique challenges, including resource management, production planning, and quality control. ERP systems are specifically tailored to address these needs, helping manufacturers optimize operations and stay competitive. What is the Meaning of ERP for Manufacturing?

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Manufacturing 52

ToolsGroup

MARCH 31, 2025

Nucleus Research classifies inventory optimization as a predictive analytics function, with stochastic (probabilistic) planning systems consistently outperforming traditional methods in optimizing stock levels. Probabilistic demand planning enables businesses to optimize stock levels while reducing costs and improving service levels.

Forecasting 156

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 156

Logistics Viewpoints

JULY 24, 2024

Robotic Process Automation Deployment According to the APQC data, organizations are exploring Robotic Process Automation across a number of supply chain areas, including supply chain planning, sourcing and procurement, logistics and warehousing, and manufacturing.

Supply Chain Software 317

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Cost Reduction Strategies 317