Logility

APRIL 3, 2024

The life sciences are integral to the quality of life and lifespan, but the field faces some uniquely difficult inventory challenges. Once you’ve created a digital twin of your physical supply chain, you can manipulate and experiment with the data.

Supply Chain Optimization 165

Supply Chain Optimization Inventory Reduction Optimization Software Supply Chain Planning Software 165

ToolsGroup

SEPTEMBER 13, 2023

It’s the typical supply chain refrain. The key lies in high performance inventory. Forward-looking supply chain professionals understand that inventory is not an end in itself; it’s a means – to enhanced customer service, increased profitability, and greater efficiency.

Inventory Reduction 156

Inventory Reduction Resource Reduction Waste Reduction Supply Chain Planning Software 156

ToolsGroup

MAY 30, 2024

Over the last few weeks, we’ve explored the problems retailers face with promotions, examining diminishing returns in a promo-saturated market , misaligned pricing and discounting strategies and confusing markdown problems and promo problems. You’re left with unsold stock, reduced margins and potentially a tarnished brand image.

Inventory Reduction 156

Inventory Reduction Waste Reduction Price Reduction Price Mitigation Strategies 156

Supply Chain Shaman

MAY 13, 2024

If you have walked in the shoes of the supply chain leader, you are probably laughing by now. When a supply chain leader opens a discussion with, “I am leading an initiative for digital transformation”, I know I am in trouble. Supply chain complexity is analogous to cholesterol.

S&OP 361

S&OP Supply and Demand Inventory Reduction Expense Reduction 361

Supply Chain Shaman

MARCH 21, 2023

Bloated inventories. Tightening of organizational belt-cutting to improve cash. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. The larger the number of days of inventory, the greater the cash drag.) Changes in Inventory Year-end inventory values by industry from Y Charts.

Inventory Reduction 404

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 404

The Logistics of Logistics

JUNE 14, 2024

trillion distortion inventory problem. Karl is the CEO and Co-founder of Pull Logic , an AI-enabled tech company focused on reducing lost sales for retailers, brands, and manufacturers due failure points in the supply chain and selling processes. Karl Swensen and Joe Lynch discuss solving the $1.8 Summary: Solving the $1.8

Inventory Reduction 158

Inventory Reduction Inventory Inventory Management Software Modeling 158

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

Logility

MAY 17, 2023

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. After years of economic volatility, labor shortages, extreme weather, demand and supply shocks, and geopolitical tensions, supply chain leaders are looking to calm the chaos and bring back predictability.

Vendor Strategies 170

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 170

ToolsGroup

JANUARY 15, 2024

BOSTON & LONDON — January 15, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of their In-Season Inventory Optimization Solution, an integrated suite of tools in the greater JustEnough retail planning and execution suite.

Inventory Reduction 177

Inventory Reduction ToolsGroup Waste Reduction Price Reduction 177

ToolsGroup

FEBRUARY 10, 2022

As the supply chain crisis enters yet another year, demand volatility continues to reach unprecedented heights. Let’s take a look at what demand shaping is and why it could be critical to your supply chain. The answer is, both yes and no. What Is Demand Shaping? Influence Demand with these Demand Shaping Techniques.

Inventory Reduction 156

Inventory Reduction Modeling Price Reduction Waste Reduction 156

Logistics Viewpoints

JUNE 4, 2024

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

Inventory Reduction 210

Inventory Reduction Supply Chain Planning Software Waste Reduction Inventory 210

ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned. Global Supply Chains are Here to Stay.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Supply Chain Shaman

MARCH 21, 2024

Supply Chain Planners Analogous to Secretarial Pools? In parallel, I started working on a project to eliminate the secretarial pool. Within a year, we eliminated the typing pool. In my forty years of studying supply chain planning, the groups became larger, but with questionable results.

Inventory Reduction 414

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 414

Supply Chain Shaman

MAY 25, 2024

Wikipedia In 2014, I was exploring methods to publish what is now the Supply Chains To Admire report. Studying Performance of the Gartner Top 25 Award Winners Plotting corporate patterns against peer group performance through orbit charts enables a quick understanding of supply chain excellence. but declining. The secret?

Eliminating Excel in Purchasing 330

Eliminating Excel in Purchasing Gartner Supply Chain Design Supply Chain Strategy 330

Logistics Viewpoints

FEBRUARY 3, 2022

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Why tell this story?

Inventory Reduction 293

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 293

Clear Spider

JULY 11, 2023

Staying Ahead of the Curve: Prepare your Supply Chain for the Back To School Season School’s out for summer! Optimizing your supply chain is the first step towards capitalizing on current buyer behaviors. Show me what my supply chain is missing! As one of the biggest shopping events in the U.S.,

Inventory Reduction 97

Inventory Reduction Vendor Strategies Expense Reduction Price Reduction 97

Logistics Viewpoints

OCTOBER 30, 2023

Per $1 billion in company revenues, no supply chain application has a better return on investment (ROI) than network design! The larger the supply chain, the bigger the payout. This supply chain spanned across 24 nations. Further, these projects are not for the faint of heart. These were the easy savings.

Vendor Strategies 234

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 234

GlobalTranz

JUNE 11, 2020

Knowing that your distribution fulfillment strategy is working gives you a better insight into how your business is performing. This is important for reducing order fulfillment errors, improving your inventory management and remaining competitive.

Inventory Reduction 244

Inventory Reduction Supply Chain Strategy Distribution Strategy 244

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand.

Inventory Reduction 92

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 92

Supply Chain Game Changer

AUGUST 21, 2022

Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. Logistics plays a critical role in a company’s supply chain. Subscribe Here! Email Address.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Supply Chain Game Changer

JUNE 30, 2022

Subscribe to Supply Chain Game Changer. The Importance of a Strong Supply Chain and Logistics Strategy! A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. Demand Planning. Consolidation. Visibility.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 78

SCMDOJO

APRIL 22, 2024

But what steps can you take to a more resilient supply chain during disruptions? If you’re ready to learn more about creating stronger supply chains, read below. As more industries face ransomware attacks, it’s a good idea for any supply chain company to hire cyber experts to prevent disruptions.

Inventory Reduction 81

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 81

ToolsGroup

MARCH 30, 2022

Nespresso’s complex coffee supply chain. It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. What drove Nespresso’s supply chain planning project?

Supply Chain Planning Software 317

Supply Chain Planning Software Optimization Software Modeling Supply Chain Optimization 317

GlobalTranz

NOVEMBER 11, 2020

[link] While the supply chain speeds toward a record-breaking peak season, e-commerce is already at its breaking point. Inventory has been subject to changing customers’ buying patterns. The post 5 E-Commerce Inventory Management Strategies to Know | VIDEO appeared first on Transportation Management Company | Cerasis.

Inventory Reduction 177

Inventory Reduction Inventory Management Video Supply Chain Strategy 177

ShipBob

JANUARY 15, 2024

Striking the perfect balance between supply and demand is a complex dance for any business. 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.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

The Logistics of Logistics

OCTOBER 30, 2023

Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. acquired by SAP).

Optimal Sourcing 235

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 235

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

EazyStock

AUGUST 21, 2020

So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction? There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Resource Reduction 52

GlobalTranz

OCTOBER 2, 2017

Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

ThroughPut

JUNE 13, 2024

In such a dynamic environment, a fixed pricing strategy simply won’t suffice. It requires a delicate balance of internal factors like inventory levels and cost of goods with external factors such as market trends and competitor pricing. Your products have a shorter shelf life. Demands fluctuate wildly.

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Strategies Material Savings 52