RFgen

NOVEMBER 13, 2024

Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. That’s not science fiction—it’s the power of mobile inventory management. Ready to turn your inventory from a headache into a strategic asset?

Inventory Management Software 96

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 96

ToolsGroup

MARCH 11, 2025

Demand forecasting is a critical strategy for supply chain management that can dramatically improve business decision-making and financial performance. However, securing leadership buy-in for demand forecasting technology requires a strategic approach that clearly demonstrates value.

Forecasting 156

Forecasting Inventory Reduction Forecasting Software Price Reduction 156

Logistics Viewpoints

MAY 14, 2025

Delays, excess inventory, missed handoffs, and reactive decision-making are all signs of a supply chain that lacks coordination. This doesnt eliminate those systems, it organizes the data they produce. This reduces reliance on manual tracking or last-minute phone calls. The system also contributes to better forecasting accuracy.

Supply Chain Planning Software 279

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

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. Is supply chain inventory the problem?

Inventory Reduction 329

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 329

Supply Chain Shaman

JUNE 17, 2025

This is amplified across the supply chain into an exponential impact on inventory and planned orders for manufacturing. The use of outside-in signals can reduce it by 40-60%. Inventory Health. I find only 8% of companies actively measure inventory health. Does it increase error and inventory targets? Most likely.)

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Logistics Viewpoints

JULY 30, 2024

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.

Inventory Reduction 300

Inventory Reduction Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 300

Logistics Viewpoints

APRIL 10, 2025

Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Resilience is the ability to respond to disruption while maintaining core operations, and more companies are shifting their strategies accordingly. For years, supply chains were engineered to be lean.

Optimal Sourcing 216

Optimal Sourcing Modeling Supply Chain Optimization Cost Reduction Strategies 216

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In my post Mea Culpa, I reference my work with the Gartner Supply Chain Hierarchy of Metrics. Error is error, but is it the most important metric? My answer is no.

Procurement Analytics 393

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 393

Supply Chain Shaman

MAY 14, 2025

Neils here is some feedback to consider: VMI: Vendor-managed inventory logic enables the downstream trading partner to manage inventories and the sell-through the channel. They dance in the bright light of these shiny objects at conferences with cell phones in hand depositing smiling selfies all over LinkedIn.

Modeling 320

Modeling Material Savings Vendor Strategies Supply and Demand 320

Supply Chain Shaman

FEBRUARY 4, 2025

Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. Functional Metrics and the Lack of Alignment to Strategy. Most focus on cost reduction, assuming that functional cost translates to operating margin. Guess what?

Supply Chain Design Software 221

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 221

Enchange Supply Chain Consultancy

JUNE 10, 2025

Now for the Do’s & Don’ts In the dynamic world of FMCG, your Route to Market (RTM) strategy and distributor partnerships can make or break your brand’s success. Do Set Clear KPIs and Governance Structures : Establish transparent metrics for sales, coverage, and service levels. Ensure margins are fair and sustainable.

Waste Reduction 165

Waste Reduction Vendor Strategies Inventory Reduction Cost Reduction Strategies 165

Supply Chain Shaman

NOVEMBER 21, 2024

Yawn and walk on if the answer is i mproving demand error or reducing inventory levels. On December 5th, Supply Chain Insights is hosting a small event at Georgia Tech to share the results of a two-year research effort to connect financial metrics by industry to supply chain performance to drive value.

Supply Chain Planning Software 396

Supply Chain Planning Software Modeling Software Modeling Supply Chain Network Software 396

ivalua

JUNE 12, 2025

If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.

Cost Reduction Strategies 130

Cost Reduction Strategies Material Savings Expense Reduction Negotiating Skills 130

RFgen

NOVEMBER 27, 2024

You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. Data analytics also offers actionable insights for: Inventory Management: See stock levels across multiple locations in real-time. Ready to get started? Let’s dive in.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

RFgen

DECEMBER 19, 2024

Material Flow: Optimize material flow patterns to accommodate increased volume without creating bottlenecks or excessive inventory. Consider these essential metrics: Asset Utilization: How efficiently are your machines being used? Production, technology, and organizational structure should all support the overall scaling strategy.

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

Supply Chain Shaman

MAY 13, 2024

How aligned do you believe your organization is to drive these metrics? P&G did not appreciate the work Gilette accomplished on form and function of inventory and using market signals. As a result, the company’s performance at the intersection of margin and inventory turns was circular for the past decade.

S&OP 393

S&OP Supply and Demand Inventory Reduction Expense Reduction 393

ToolsGroup

JANUARY 21, 2025

This year’s conference brought together industry leaders, tech pioneers, and retail professionals to address challenges and opportunities, to explore technologies and strategies that promise to revolutionize the industry. Here are the key insights we gathered firsthand at this year’s event.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Inventory Reduction Price Reduction 156

The Logistics & Supply Chain Management Society

APRIL 15, 2021

This unlocks enormous value as you eliminate time lags, lower costs, and slash inventory buffers across the network. This strategy enables companies to achieve four critical objectives: Unlock value trapped in the supply network that is due to poor data quality and communication. This then sub-optimises the supply chain.

Inventory Reduction 259

Inventory Reduction Cost Reduction Strategies Expense Reduction Supply Chain Planning Software 259

ToolsGroup

JUNE 2, 2023

Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. And that’s where real-time perpetual inventory signals come in. Plus, accurate inventory information is the key to optimal decision-making.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

RFgen

NOVEMBER 20, 2024

Think about it: How much time is wasted hunting down misplaced inventory? These digital tools transform traditional warehouse processes, creating streamlined, automated workflows that reduce errors, improve warehouse productivity, and increase overall efficiency. Think real-time inventory visibility across all your locations.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Waste Reduction Cost Reduction Strategies 98

Precoro

DECEMBER 24, 2024

Read on to explore key AI use cases in procurement, the challenges businesses face, strategies to overcome them, and the exciting opportunities AI brings for the future. This gives them advance warning so they can adjust their purchasing strategies. Here are the topics we’ll cover at a glance : What is AI in procurement?

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

ToolsGroup

MARCH 25, 2025

According to McKinsey , organizations implementing AI-driven demand forecasting solutions can reduce forecast errors by 30% to 50%. Even more impressive, lost sales due to stockouts can decrease by up to 65%, while inventory reductions of 20% to 50% are possible. The company recognizes over 200 micro-climates within the U.S.

Supply and Demand 156

Supply and Demand Forecasting Forecasting Software Modeling 156

Logistics Viewpoints

JUNE 1, 2021

Promotion Management is defined as optimizing the utilization of tools, strategies, and resources to promote a product that will generate additional demand. Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep.

Inventory Management Software 279

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 279

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 264

Inventory Reduction Inventory Inventory Management Software Modeling 264

Logistics Viewpoints

MAY 27, 2024

The company is operationalizing this target by reducing emissions as much as possible, increasing use of carbon-free electricity, and removing the emissions that remain. Supporting hypergrowth while reducing supply chain logistics emissions is not an easy feat. A clear goal needs to be combined with good data and metrics.

Supply Chain Design Software 305

Supply Chain Design Software Cost Reduction Strategies Inventory Reduction Supply Chain Design 305

Precoro

NOVEMBER 11, 2024

These benefits aren’t just about lower prices; they’re also about reducing transportation and inventory costs, which can really add up over time. The procurement department works with inventory and logistics teams to ensure that everything ends up in the right place without delays or discrepancies.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. In this comprehensive guide, we’ll explore the key elements of warehouse optimization and provide actionable strategies you can implement today.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

GlobalTranz

JULY 1, 2021

Creating a data-driven supply chain tracking important transportation metrics helps shippers respond and adapt as quickly as possible to known and unknown events. Why Monitor Transportation Metrics. Transportation metrics provide visibility that helps drive operative and competitive advantages.

Metrics 334

Metrics Transportation Vendor Strategies Logistics Network Optimization Software 334

Logistics Viewpoints

MARCH 27, 2025

A disruption at any point in the global logistics network including the average of 12 touch points from shipment packaging to final delivery can prove disastrous for profits, service levels, customer loyalty, and other key metrics. With the global e-commerce market predicted to reach $8.1

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 330

Supply Chain Shaman

MARCH 21, 2024

In parallel, I started working on a project to eliminate the secretarial pool. Within a year, we eliminated the typing pool. I would never have eliminated the secretarial pool by asking them their opinion. We explore the concept of holistic inventory strategies focused on the form and function of inventory.

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

IQMS

APRIL 4, 2025

Faced with continuing inflation, manufacturers are seeking strategies to contain per-unit costs while maintaining margins. Compounding the challenge are information gaps across supply chains that can cost manufacturers lost time, productivity, margin erosion, price reductions, and missed shipment dates.

Price Reduction 52

Price Reduction Material Savings Vendor Strategies Inventory Reduction 52

Supply Chain Shaman

MAY 12, 2025

Would their jobs be eliminated? Their jobs were gradually eliminated. Learn that the traditional goals of supply chain focused on functional cost reduction sub-optimize the value of the firm. Form and socialize your own hierarchy of metrics. Design your supply chain with a focus on the form and function of inventory.

Modeling 221

Modeling Waste Reduction Supply Chain Planning Software Supply Chain Design Software 221

Logistics Viewpoints

APRIL 7, 2025

Whether you’re managing a distribution center, coordinating fleet operations, or shaping global supply strategy, understanding how to deploy and scale digital twins may be your next competitive edge. Static workflows based on outdated assumptions are no match for todays rapidly shifting inventory demands.

Sourcing Strategies 218

Sourcing Strategies Modeling Supply Chain Design Software Supply Chain Planning Software 218

Silvon Software

APRIL 16, 2025

Inventory is the lifeblood of any manufacturing business. By leveraging analytics and key performance indicators (KPIs), manufacturers can optimize inventory, reduce waste, and boost profitability. Tracking inventory flow and performance across your supply chain is a must. But what exactly should you measure?

Optimal Sourcing 65

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 65

Logistics Viewpoints

JUNE 29, 2023

Configure to Order: This strategy involves customizing standard products based on customer specifications. Here is a summary of the key supply chain characteristics of each of the manufacturing strategy and how it impacts collaboration with suppliers.

Manufacturing Procurement 269

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 269

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 329

Case Study Inventory Reduction Study Agile and Lean Supply Chain 329