Stord

APRIL 16, 2024

While everyone at Stord accomplished a lot in 2023, let’s take a moment to meet some of our leadership team, and explore what they have planned for 2024 and beyond! In his time at Stord, he has helped the team fulfill 750 million units in 2023 and set us up to fulfill even more in 2024. Just me, and thousands of orders to fulfill.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Design Software Meeting Supply Chain Software 88

Unleashed

FEBRUARY 19, 2019

Just-in-time inventory (JIT) is the antithesis of just-in-case inventory and can be a valuable method of reducing waste and streamlining the supply chain. This means lead times can remain short and they have relinquished the responsibility and associated risks of carrying stock that does not have a purpose.

Just-in-Time 67

Just-in-Time Inventory Management Software Inventory Reduction Inventory Management 67

EazyStock

FEBRUARY 28, 2022

For years companies have operated a just-in-time (JIT) supply chain model, only ordering stock items when necessary and carrying minimal inventory to reduce carrying costs. This has seen a switch to just-in-case (JIC) inventory management as companies raise their stock levels to avoid the risk of running out.

Just-in-Time 52

Just-in-Time Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. At that time, 31% had raised prices on end consumers to offset the negative impact. What is just-in-time procurement?

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Logility

MAY 25, 2023

In today’s fast-paced and unpredictable global market, the secret to maintaining a competitive edge lies in a key area—robust inventory control techniques. Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. This is where inventory control techniques come in.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

ToolsGroup

FEBRUARY 23, 2021

What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging. Anyone can come up with a plan.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Modeling Optimization Software 156

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. On the other hand, optimized inventory levels can enhance it. Next is the cost of storing the inventory.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

Logility

AUGUST 31, 2022

It’s a complex problem, but you can successfully optimize inventory levels with the right approach and technology. With all of today’s supply chain disruptions, and new ones no doubt lurking around the corner, companies without optimized inventory are risking overpaying and underperforming. Start With the Customer Experience.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Disruption Optimal Sourcing Inventory Reduction 130

ThroughPut

JUNE 2, 2020

What is Just-in-time Manufacturing? Just-in-time (JIT) manufacturing is described as a production model in which products and services are produced to meet specific demand and not necessarily created in surplus, in deficit, or in advance of actual need.

Just-in-Time 52

Just-in-Time Inventory Reduction Inventory Management Software Waste Reduction 52

ThroughPut

JUNE 2, 2020

What is Just-in-time Manufacturing? Just-in-time (JIT) manufacturing is described as a production model in which products and services are produced to meet specific demand and not necessarily created in surplus, in deficit, or in advance of actual need.

Just-in-Time 52

Just-in-Time Inventory Reduction Inventory Management Software Waste Reduction 52

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Inventory Reduction Modeling 111

Logility

JANUARY 12, 2024

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. The Apparel Industry’s Forecasting Maze Mastering the art of forecasting is critical in the apparel industry.

Inventory Reduction 246

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 246

Logility

AUGUST 17, 2021

Managing consumer packaged goods inventory is challenging at the best of times, and it can be debilitating during times of local or international disruption. An advanced inventory planning and optimization solution allows these companies to set and maintain precise stock targets across a global network.

Modeling 130

Modeling Inventory Reduction Supply Chain Optimization Packaging 130

My Office Apps

JANUARY 22, 2024

Out with the Old, In with the Efficiency: Choose the Right Inventory Management Software for a Profitable New Year As the confetti settles and resolutions take flight, it’s the perfect time to give your business a refresh. But navigating the vast options of Inventory Management Software (IMS) can feel daunting.

Inventory Management Software 84

Inventory Management Software Optimization Software Forecasting Software Supply Chain Planning Software 84

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. It can affect production, sales, turnaround time, customer satisfaction and even profitability. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 105

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105

Supply Chain Shaman

JANUARY 2, 2024

The time gave me a good time to reflect and finish the reports that I should have completed in the summer when I recovered from Uterine Cancer. The time gave me a good time to reflect and finish the reports that I should have completed in the summer when I recovered from Uterine Cancer. As I write, I scratch my head.

Gartner 275

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 275

ToolsGroup

SEPTEMBER 26, 2023

The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supply chain and price optimization solution available. And Evo’s responsive AI gives us an essential ingredient to deliver the autonomous supply chain of the future.

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management 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. It involves receiving, tracking, and efficiently storing these products.

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

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

Logility

APRIL 28, 2020

The real problem, however, was inventory. The client had a warehouse full of old stock that had been sitting unwanted for years , and there wasn’t enough room to accommodate the inventory that they were selling. . What is the right inventory level for your business? Categorize your inventory. 1 Spring clean .

Inventory Management Software 156

Inventory Management Software Inventory Reduction Inventory Management Inventory 156

Logility

AUGUST 31, 2021

However, inventory optimization for beverage brands can help these organizations overcome such challenges with greater ease and speed. Understanding the current state of these critical supply chain dimensions is not just limited to surviving and thriving in a pandemic. Tactical and strategic inventory modeling.

Modeling 130

Modeling Beverage Inventory Reduction Supply Chain Optimization 130

ToolsGroup

JUNE 19, 2018

Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. These companies struggle to meet service level requirements while respecting financial impacts, and have almost no chance to do it optimally.

Optimization Software 197

Optimization Software Inventory Demand Planning Software Modeling 197

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. It gives you the accurate data you need to make the best decisions for your brand, and positions you to meet customer expectations while reducing the cost of doing business. What is inventory tracking?

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

SYSPRO Smarter ERP

DECEMBER 13, 2021

Inventory management was moving towards a just-in-time approach until the supply disruptions of the last year. Now there are forces arguing for a return to a just-in-case approach. Why inventory management is important. Active inventory management is a major contributor to manufacturing success.

Inventory Management Software 122

Inventory Management Software Inventory Management Inventory Reduction Sourcing Strategies 122

Logistics Viewpoints

APRIL 24, 2024

This is my first time attending Körber Elevate, and it did not disappoint, with over 800 attendees, 60 thought provoking sessions, and lots of networking and learning opportunities. Allowing customers to self-service issues reduces the time and resources needed to resolve problems. First, supply chains do not operate in isolation.

Course 225

Course Supply Chain Planning Software Predictive Analytics Software Optimization Software 225

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 98

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

ToolsGroup

MARCH 28, 2024

Pace first saw the value of the ToolsGroup solutions at the time when he was CEO of PittaRosso, another large Italian retailer of shoes, an experience which has eventually been published as a Harvard Business School case study. Within just two months of adopting ToolsGroup’s AI-driven solution, PittaRosso experienced a remarkable +14.3%

Italy 156

Italy ToolsGroup Inventory Reduction Price Reduction 156

Enterra Insights

OCTOBER 13, 2023

The Just-In-Time Supply Chain Model vs. Just-In-Case Supply Chain Model Several years ago, when the pandemic became a full-blown global crisis, most supply chains used the “just-in-time” model, which relies on resources and goods being available right when they’re needed. They didn’t have the full picture.”[2]

Modeling 130

Modeling Modeling Software Supply Chain Design Software Optimization Modeling 130

ShipBob

OCTOBER 4, 2023

How you manage your inventory is a key factor that determines the efficiency, accuracy, and overall performance of your ecommerce operations. It involves closely tracking your inventory levels to replenish your stock at the right time and maintain inventory accuracy. What is inventory reduction? Let’s get started.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

ToolsGroup

MAY 8, 2018

When supplies get tight, inventory optimization can help focus production around the most critical products while reducing requirements for other items. Multi-Echelon Inventory Optimization (MEIO) looks at the end-to-end supply chain to enable users to make more informed decisions about the location, amount and type of inventory.

Inventory Reduction 214

Inventory Reduction Optimization Software Network Optimization Supply Chain Optimization 214

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

BR Williams Supply Chain Management

JANUARY 26, 2021

Their demands translate to shrinking delivery timeframes, splitting inventory in multiple facilities, or relying on a third-party logistics company like BR Williams to provide fulfillment services. That’s why we put together some of our tried-and-true tips to help you meet consumers’ growing fulfillment demands.

Demand Planning Software 98

Demand Planning Software Meeting Supply and Demand Inventory Management Software 98

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52