The Network Effect

NOVEMBER 21, 2014

There is growing recognition within pharma that inventory management should be a top priority. Industry insiders are beginning to put increasing focus on improving their inventory management practices, which lag far behind those of other industries. Pharmaceutical'

Pharmaceutical 180

Pharmaceutical Inventory Management Software Inventory Management Modeling 180

ToolsGroup

JUNE 2, 2023

With crystal clear, up-to-the-minute, and accurate data that enables organizations to see what’s happening across their entire supply chain and take smart, decisive action. 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

Logility

APRIL 3, 2024

Because of industry restraints and company complexities relating to bringing products to market, it’s important to hone in on whether inventory reduction is a reasonable plan of action. Can we reduce inventory by applying science to inventory policies?

Supply Chain Optimization 166

Supply Chain Optimization Inventory Reduction Optimization Software Supply Chain Planning Software 166

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

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

The Logistics of Logistics

OCTOBER 30, 2023

The company centralizes data from multiple sources to manage inventory, simplify change management, and improve data quality. LeanDNA is used by manufacturers in a variety of industries, including automotive, aerospace, industrial, and medical.

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

Aioneers

DECEMBER 7, 2021

Analytics demands will grow with increasing complexity, and managed services enable a business to focus on their core objectives, scale up and down as necessary while receiving support – ongoing or project-based – as they need it.

Case Study 52

Case Study Consumer Goods Inventory Management Inventory 52

Supply Chain Action Blog

FEBRUARY 18, 2021

I’m sure there are a lot of ways to summarize a careful, comprehensive approach to inventory management. The point of diminishing returns can be reached fairly quickly, but if you are not there yet, it may be your most significant point of leverage for improved supply chain performance. A ccount for your actions.

Inventory Management Software 40

Inventory Management Software Inventory Management Inventory Reduction Inventory 40

QAD

APRIL 23, 2024

An Introduction to How FTZ Software is Changing FTZ Management for the Better Foreign-Trade Zone (FTZ) management has a reputation for being complex, especially regarding inventory management. US Customs and Border Protection (CBP) requires precise inventory recordkeeping and control.

Inventory Management Software 88

Inventory Management Software Analytics Software Optimization Software Supply Chain Software 88

Supply Chain Matters

FEBRUARY 22, 2024

Supply Chain Matters provides highlights and added perspectives to retailer Walmart’s report of Q4 and Fiscal 2024 financial and operational performance. Inventory Management The retailer reported inventory declines of 4.5 We have specifically indicated to our readership that three specific U.S.

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

Supply Chain Shaman

JUNE 30, 2023

As a supply chain leader, he is struggling how to dance in the ring of fire. The ring of fire is corporate politics at the executive level on supply chain performance. Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 312

Logility

FEBRUARY 8, 2024

With demand sensing, organizations can predict shifts in demand more accurately, leading to improved inventory management, optimized resource allocation, and increased customer satisfaction. We understand the complexities of supply chain management and have developed our approach to help clients navigate their most challenging issues.

Supply and Demand 130

Supply and Demand Supply Chain Planning Software Supply Chain Design Software Modeling 130

DELMIA Quintiq

JUNE 21, 2021

Real-time inventory management Automatic identification systems like smart sensors, RFID (Radio Frequency Identification) and GPS not only provide end-to-end visibility of inventory but also operational intelligence through the data that these sensors collect in the process.

Inventory Management Software 156

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 156

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Global Trade Management

NOVEMBER 24, 2023

Introduction Supply chain digitalization is a pivotal element of modern supply chain management, driving improvements in inventory management, operational efficiency, and asset utilization.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Inventory Reduction Resource Reduction 52

Supply Chain Matters

MARCH 6, 2024

Supply Chain Matters provides highlights and added perspectives to U.S. retailer Target’s recent reporting of Q4 and Fiscal 2024 financial and operational performance. Specifically, high inflation and economically stressed consumers have been more selective in their household budgeting and in their purchase decisions.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 52

SCMDOJO

MARCH 19, 2024

Functions of the Supply Chain Department The supply chain department is responsible for a wide range of functions, each contributing to the overall efficiency of the supply chain. These functions include procurement, production planning, inventory management, logistics, and customer service.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

SYSPRO Smarter ERP

APRIL 24, 2023

The Association for Supply Chain Management’s Supply Chain Operations Reference (SCOR) model provides seven primary processes that will ensure order fulfilment is carried out properly and efficiently — Orchestrate, Plan, Order, Source, Transform, Fulfill and Return.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

QAD

NOVEMBER 16, 2023

Transitioning to sustainable packaging may require significant upfront investment, impacting short-term profitability but the goal should be the effects on the long term performance of the company. Supply Chain Performance Supply chain and distribution performance is greatly impacted by packaging changes.

Packaging 95

Packaging Supply Chain Transformation Manufacturing Procurement Sustainability 95

Supply Chain Shaman

APRIL 27, 2022

Supply chain performance analysis should be at least five years to reduce the variation from industry movement (noise) in the system. True leaders top the chart on the balanced scorecard of growth, inventory turns, operating margin, ROIC, and customer service. I thought that the industry averages were fairly constant.

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

QAD

JUNE 20, 2023

A well-functioning supply chain ensures that a company has the right materials, at the right time, in the right quantities, to meet customer demand. One area that is often overlooked is the impact that the plant floor can have on overall supply chain performance and success.

Optimal Sourcing 90

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 90

Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Supply chain KPIs are crucial for optimizing processes, minimizing costs, improving customer service, and enhancing overall supply chain performance.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

Taulia

OCTOBER 20, 2021

Inventory management. Automating your inventory management processes can help your company ensure that goods are in the right place at the right time – and that makes it easier to identify when more items need to be ordered. Boost supply chain performance and efficiency. Cash flow forecasting.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Unleashed

APRIL 9, 2024

Inventory management A business with a healthy OTIF score is more likely to manage its inventory well and avoid overstocking or stockouts. A high OTIF rate also indicates that orders are being fulfilled as expected, which can lead to reduced inventory levels because there is less need for safety stock.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

ToolsGroup

JUNE 19, 2018

So inventory optimization software is still “low hanging fruit” for those seeking higher levels of supply chain maturity and improved use of supply chain analytical tools. Most supply chains are complex and getting more so.

Optimization Software 197

Optimization Software Inventory Demand Planning Software Modeling 197

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Digital technology can optimise supply chain operations through virtual inventories and predictive demand, especially in times of uncertainty. Dr Nassar’s main research interest is sustainability and supply chain resilience.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Software Predictive Analytics 246

Enterra Insights

JULY 14, 2021

” Inventory Management. This allows companies to prevent stocking unwanted inventory, which is not only a waste of space but also means the customers are not getting what they want, which really translates into a loss of revenue. ”[7]. Better Decision-Making. Bain analysts, Michael C. 8] Michael C. 9] Germain, op.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Agile and Lean Supply Chain 130

Unleashed

MARCH 6, 2024

Agile supply chain management is especially important in today’s dynamic business landscape, where customer expectations, technological advancements, and environmental uncertainties are constantly evolving and creating new challenges and opportunities for supply chain performance. Let’s dive in.

Agile and Lean Supply Chain 52

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

Supply Chain Digest

FEBRUARY 24, 2009

Green Supply Chain. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Order Management Systems. Retail Supply Chain. Content Being Accessed: White Paper Supply Chain Performance Management. Bar Coding/Label Printing.

Supply Chain Performance 32

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 32

ToolsGroup

AUGUST 7, 2018

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. These solutions greatly improve business outcomes and are an important first step to modernizing inventory management. The Multi-echelon Approach.

Modeling 149

Modeling Optimization Software Supply Chain Optimization Optimization Modeling 149

Supply Chain Shaman

JUNE 19, 2013

Supply chains have not morphed to manage the complexity at the same cost, quality and level of customer service. Cycle Management is Stalled. The only industry that has made progress in inventory management is consumer electronics.

Forecasting 268

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 268

Supply Chain Shaman

MAY 3, 2015

The Inventory Management Journey. The increase in the item complexity, the lengthening of demand latency and the building of global supply chains with greater in-transit inventories top the list. I find that when it comes to the management of inventory, misconceptions abound. Why is progress so hard?

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Taulia

AUGUST 29, 2023

Companies can also manage supplier relationships more efficiently by prioritizing the relationships that are most important to the business. Choose the right inventory management approach Different companies will opt for different approaches when it comes to inventory management.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Optimal Sourcing Sourcing Strategies 52

QAD

JULY 13, 2023

With integrated modules encompassing inventory management, production planning, procurement, quality control, and more, manufacturers can gain real-time visibility into their operations, enabling better decision-making.

Manufacturing Procurement 88

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 88

Supply Chain Shaman

OCTOBER 22, 2015

To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. Companies invest in project after project, yet inventory levels remain the same. The lack of understanding of inventory by finance is a major barrier in the effective usage of technology.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Inventory Supply Chain Planning Software 150