ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. They represent distinct facets of the broader logistics and operations landscape.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. They represent distinct facets of the broader logistics and operations landscape.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Logistics Viewpoints

OCTOBER 12, 2023

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Michael Balint at Solvoyo and looks at the fresh produce supply chain. To read the article, click HERE.

Supply Chain Design Software 228

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 228

TrackVia

MAY 25, 2023

Many companies are realizing the critical role that effective inventory management plays in streamlining warehouse operations and maintaining an edge over competitors. Check out how UC San Diego improved their inventory and asset management processes.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 52

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like?

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Taulia

JULY 14, 2022

Inventory management is the term used to describe the approach an organization takes to source, store, track, and sell inventory. For companies that have large volumes of inventory, it is usually advisable to use a dedicated system to manage inventory. What is an inventory management system?

Inventory Management Software 97

Inventory Management Software Inventory Management Supply Chain Design Software Demand Planning Software 97

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock.

Optimal Sourcing 105

Optimal Sourcing Inventory Management Software Inventory Management Optimization Software 105

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

SCMDOJO

APRIL 11, 2023

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. Fortunately, there are numerous courses available to help you develop your expertise in supply chain management, regardless of your level of experience.

Supply Chain Design Software 115

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 115

Unleashed

OCTOBER 6, 2021

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 VMI creates efficiencies in the supply chain as it ensures data from sales is a key part of the inventory management system.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

Supply Chain Planning Software 94

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Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. Cycle times are critical in the supply chain.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

EMERGE App

DECEMBER 25, 2023

These challenges encompass Purchasing, Production Planning, Sales-Distribution, Inventory Management, Warehousing Management, Human Resource Management (HRM), and Finance. The importance of Inventory management in business Inventory management holds immense importance in business operations.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Procurement Solutions Inventory Management 52

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

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. Talent gaps: ? Changing consumer attitudes:?

Forecasting 105

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My Office Apps

JULY 28, 2022

The Importance of ERP Inventory Management. Depending on the type of business you operate, if a comprehensive system is needed to manage all aspects of your inventory then an ERP inventory management or warehouse management system is a top priority. ERP Inventory Management.

Inventory Management Software 52

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

EMERGE App

DECEMBER 25, 2023

These challenges encompass Purchasing, Production Planning, sales distribution, Inventory Management , Warehousing Management , Human Resource Management (HRM), and Finance. The importance of Inventory management in business Inventory management holds immense importance in business operations.

Inventory Management Software 52

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

RFgen

MAY 16, 2023

Inventory drives the supply chain, ensuring the right amount of stock is available in the right place at the right time. But as supply chains continue to get more complex each year, delivering on target and on time becomes more difficult. That’s why most inventory handlers leverage data.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

The Logistics of Logistics

SEPTEMBER 12, 2020

Supply Chain Basics with Jason Miller. Jason Miller and Joe Lynch discuss supply chain basics. Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. Key Takeaways – Supply Chain Basics. Warehousing.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

ShipBob

OCTOBER 4, 2023

It involves closely tracking your inventory levels to replenish your stock at the right time and maintain inventory accuracy. However, good inventory management also requires strategic inventory reduction instead of simply procuring more goods.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

My Office Apps

JULY 28, 2022

The Importance of ERP in Inventory Management. Depending on the type of business you operate, if a comprehensive system is needed to manage all aspects of your inventory then an ERP robust inventory management or warehouse management system is a top priority. Inventory Management.

Inventory Management Software 52

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

Unleashed

DECEMBER 11, 2022

Efficient warehousing is all about knowing what’s working, what’s failing, and what can be improved. When you measure and analyse the right warehouse KPIs, you can make better-informed business decisions based on real data. In this guide to warehouse KPIs: What are ‘warehouse KPIs’ and why should you use them?

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

Logistics Viewpoints

SEPTEMBER 28, 2021

For more than a year, global supply chains have been buffeted by one major disruption after another. Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. The impact?

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

SCMDOJO

MARCH 27, 2024

The world of supply chain management is fast-paced. Performance for Supply Chain Management Software on Mac Have you ever run sophisticated supply chain management software on Mac? Hence, this section dives into how we select and evaluate each supply chain management software.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 73

Logistics Viewpoints

AUGUST 22, 2022

To cut the inventory, the company has slashed prices on overstocked items. Clearing the stale inventory has helped the world’s largest retailer relieve pressure on their stores and through their supply chain. Controlling Supply Chain Costs. Store level inventory accuracy, as a result is much higher.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 191

SCMDOJO

NOVEMBER 8, 2022

YouTube is a fantastic platform offering a unique feel to social media exploration and learning the latest trends in Supply Chain from professionals. Supply Chain YouTube channels are one to look out for as they share many business-related ideas. . Top 10 Supply Chain YouTube Channels. Subscribers.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 121

Logistics Viewpoints

MARCH 2, 2023

For a few years now, supply chain professionals and pundits have been speculating on what the so-called “new normal” will look like. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. On the other hand, optimized inventory levels can enhance it.

Inventory Reduction 77

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 77

Enterra Insights

AUGUST 15, 2023

”[1] How AI Benefits the Retail Supply Chain How often have you heard someone say, “Don’t bring me problems, bring me solutions?” ”[2] That explanation might be a bit hyperbolic; however, AI is advancing rapidly to address many of challenges that have plagued retail supply chains over the past few years.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

Taulia

SEPTEMBER 7, 2022

Getting this formula right – ensuring that inventory is always available when needed, but never a burden – is the central aim of inventory management. But, to complicate matters, there’s more than one inventory management strategy to choose from. What is an inventory management strategy?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Supply Chain Opz

JUNE 23, 2014

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. Considering 3 warehouse storage policies, the first policy is to store items anywhere.

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

RFgen

MAY 18, 2023

The Age of Digital Inventory Management Welcome to the era of the digital revolution. Inventory management is no exception. Long gone are the days when managing inventory was a paper-heavy process. Today, it’s all about digital inventory control.

Inventory Management Software 52

Inventory Management Software Optimal Sourcing Optimization Software Forecasting Software 52