AIMMS

FEBRUARY 16, 2021

The top 3 bottlenecks companies experience tend to be poor internal alignment between departments, raw material and product availability, and inventory levels and management. This retailer was struggling to react quickly to shifts in the market. This makes sense given that S&OE tends to be a very specific process for each company.

Modeling 311

Modeling Scenario Planning Supply Chain Planning Software S&OP 311

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Silvon Software

JUNE 23, 2020

Remember that the KPI you want to measure today, may not be the one you want to measure tomorrow. Inventory Turns and Sales-to-Inventory Ratio. DSO also is part of the Cash-to-Cash Cycle Time KPI – a more complex KPI featured in many supply chain dashboards. DSO – Days Sales Outstanding. Perfect Order Rate.

Manufacturing Procurement 86

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 86

BlueYonder

AUGUST 15, 2023

Supply chain and order management transformation in the retail space is a must, but how many organizations actually know what the results of their investments will be, from day one? Simply, retailers will gain insight into where revenue is being lost, and how this lost revenue is manifesting. What should their opening gambit be?

Inventory Reduction 84

Inventory Reduction Expense Reduction Resource Reduction Price Reduction 84

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. Walmart recently made headlines when it toughened delivery demands for its suppliers.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

AIMMS

FEBRUARY 16, 2021

The top 3 bottlenecks companies experience tend to be poor internal alignment between departments, raw material and product availability, and inventory levels and management. This retailer was struggling to react quickly to shifts in the market. This makes sense given that S&OE tends to be a very specific process for each company.

Modeling 156

Modeling S&OP Supply Chain Planning Software Scenario Planning 156

Unleashed

APRIL 9, 2024

OTIF is an important KPI because it directly impacts customer satisfaction and trust in supply chain partnerships. It measures inventory availability and the ability to meet customer orders as they come in. Conversely, a low OTIF rate may force you to maintain higher inventory levels to compensate for uncertainties in supply.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

crisp

DECEMBER 15, 2021

In the retail business where you’re scraping for every piece of margin to fuel growth, that’s a big advantage. Let’s take the example of a supply chain team at a major retailer. A good KPI to track for this goal might be a low out of stock (OOS) rate. Let’s go back to our retailer example. For one, it’s time consuming.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

GlobalTranz

OCTOBER 27, 2015

In our first post in the series, we set the mindset of the shipper by going over the 9 key topics to understand about effective KPI management and followed that post with the 7 strategic performance business practices to track and 4 KPI problems to solve. . At times, an audit of the percentage behind KPIs will be necessary.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Unleashed

FEBRUARY 1, 2023

In this article, we do a deep dive into demand planning and look at what steps, strategies and KPIs can be used to develop best-practice demand planning and forecasting. Efficient demand planning ensures the business can balance its supply chain requirements and inventory planning with its customer demands. What is demand planning?

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

ShipBob

SEPTEMBER 24, 2021

Fast fulfillment starts with proper warehouse management , which determines how efficiently you receive, track, and store inventory in a way that gets customers orders out the door faster. Warehousing requires keeping a close eye on performance by monitoring KPIs related to receiving, inventory management, and fulfillment. .

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

EazyStock

FEBRUARY 26, 2020

Stock Availability – A Common Inventory Management Challenge. As small- and mid-sized businesses (SMBs) try to remain competitive, many are coming up against inventory management challenges. In this three-part blog series we’re looking at three of the most common inventory management issues faced by stock holding companies.

Modeling 52

Modeling Inventory Management Software Forecasting How To 52

ToolsGroup

AUGUST 11, 2020

Most use ‘forecast accuracy’ as the main KPI to do this. Therefore it follows logically that filling orders–or order line fill rate (OLFR)–should be the number one KPI that tells you whether you’re meeting service levels. You can’t use an intermittent demand signal to plan inventory. To service demand!

KPI 156

KPI Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software 156

EazyStock

SEPTEMBER 25, 2018

These apps help companies achieve every business process from tracking inventory and shipments to booking meetings with clients to tracking tasks and projects. EazyStock – Inventory Optimization Software. Fancy KPI dashboards show you how you are stacking up month to month and call out areas where there is room to cut costs.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

RELEX Solutions

JUNE 17, 2019

Iconic Swedish retailer targets better visibility, higher availability and lower inventory. Leading Swedish department store chain Åhléns has signed a deal to use RELEX Solutions’ pragmatic AI-driven software to take its retail planning to the next level. Åhléns is a part of the retail concern Axel Johnson AB.

Supply Chain Transformation 31

Supply Chain Transformation Supply Chain Planning Software Supply Chain Software Supply Chain Planning 31

Unleashed

JANUARY 5, 2021

Inventory management is a critical function of any business, with drastic implications on profit margins. Inventory turnover is a key formula that’s often discussed in the context of inventory management efficiency, and crops up in most types of inventory report. What is inventory turnover? Average inventory?

Inventory Reduction 83

Inventory Reduction Inventory Procurement Analytics Inventory Management Software 83

Unleashed

OCTOBER 9, 2019

Supply chains are becoming progressively more complex as businesses rely on a large network of manufacturers, wholesalers, retailers and a growing portfolio of inventory stock varieties to meet consumer demand for more choice. How to identify underperforming suppliers. Understand what the problem is. Managing underperforming suppliers.

Inventory Reduction 40

Inventory Reduction Vendor Strategies Supply Chain Planning Software Demand Planning Software 40

Supply Chain Matters

APRIL 28, 2023

The focus often turns to improvements in working capital efficiencies, inventory and capacity management in addition to more efficient asset management. Such decisions can relate to either maximizing inventory or product demand fulfillment, minimizing changeovers or inventory consumption.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Savi

OCTOBER 29, 2019

Agile supply chain operations, especially in the consumer packaged goods (CPG) industry, are using IoT and end-to-end shipment visibility software to outperform competitors with better service while keeping lower inventory levels. Pro-tip, this, in turn, can improve their On-Time In Full (OTIF) KPI.

Packaging 45

Packaging Real-time Visibility Analytics Software Internet of things 45

Kanban Logistics

FEBRUARY 27, 2020

It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. Multi – channel capabilities : The WMS can manage inventory and orders related to both B2B and B2C simultaneously. The modern warehouse offers much more than basic storage.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Supply Chain Movement

AUGUST 31, 2017

These developments will yield service and working capital benefits in supply chains which use forecasts to set inventory levels —commonly known as make-to-stock supply chains. Rather than dozens of retailers and millions of consumers, in project supply chains there are only a handful of customers in the demand profile. Customer orders.

Supply Chain Planning Software 68

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 68

Supply Chain Opz

JUNE 1, 2014

The last supply chain case study in the fashion retailing industry is Adidas. Supply chain strategy of the fashion retailing industry is summarized as below, Supply Chain Strategy in Fashion Retailing Industry FMCG industry is typically the products sold to customers at a low cost and will be completely consumed within 1 year.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

BlueYonder

MAY 7, 2015

By offering process efficiency, supply chains all over the world have increased profitability, an elusive achievement, especially in the retail business. The transformation from manufacturing supply chain to retail supply chain has reshaped the way retailers connect with their suppliers and opened a window to much needed collaboration.

Demand Planning Software 40

Demand Planning Software Supply and Demand Supply Chain Design Software Forecasting 40

Supply Chain Management and Analytics

NOVEMBER 7, 2018

Supply Chain is a core business function tasked to manage multiple business operations such as production, inventory, order fulfillment, and transportation simultaneously. Otherwise, it would have been so easy to ignore the cries of the fulfillment department and reduce inventory by not purchasing a thing and making the inventory guys heroes.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 40

crisp

DECEMBER 5, 2023

A notoriously hard KPI to measure, proving how digital marketing drives retail purchases is now possible thanks to an innovative model developed by Tinuiti, powered by Crisp real-time inventory and sales data. To learn more about Crisp data solutions for marketers, read more here.

Procurement Solutions 52

Procurement Solutions KPI Optimization Modeling Modeling 52

Logistics Viewpoints

FEBRUARY 22, 2021

Through KeHE’s 16-distribution centers and advanced supply chain technology, our people connect hundreds of suppliers to over 30,000 retail locations across the nation. Through Demand Forecasting and Inventory Optimization (DFIO), the tool provided all the capabilities in one spot. Do you consider this part of a digital transformation?

Forecasting Software 34

Forecasting Software Supply Chain Planning Software Optimization Software Supply Chain Design Software 34

Unleashed

JANUARY 10, 2023

That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. Or, if you’re a middle-man retailer or wholesaler, how you manage your warehouse. And why you must communicate with your suppliers to keep your timing and pricing expectations accurate.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Logistics Viewpoints

JUNE 22, 2023

Adding this key performance indicator (KPI) to your supply chain allows businesses to measure themselves while being able to evaluate the performance of all the participants in the commerce ecosystem. Suppliers, inventory visibility, and other variables beyond direct control can influence OTIF. How can an OMS help improve OTIF?

Supply Chain Software 189

Supply Chain Software Real-time Visibility Modeling Software Optimization Software 189

Logistics Bureau

JULY 18, 2018

They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. US retail pioneers Sears and J.C. In addition, returns typically cost more to handle than outbound shipments – 3 to 4 times more for traditional retail companies, for example.

Reverse Logistics 40

Reverse Logistics Logistics Network Optimization Software Logistics Vendor Strategies 40

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We started the series first by " 9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL."

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

6 River Systems

FEBRUARY 22, 2019

Choose software that facilitates the valuation and control of permanent inventories based on inputs or outputs, with automated stock alerts, that is versatile and independent of the type of business. Define normal parameters and fine-tune the physical inventory system. Once the method is working, standardize it. Robin Schwartz, PHR.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Logistics Viewpoints

APRIL 19, 2023

A few weeks ago, I had the opportunity to speak with Asena Yosun Denizeri, Vice President, Retail Solutions at Solvoyo. In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated.

Supply Chain Planning Software 220

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 220

ShipBob

APRIL 13, 2021

What are ecommerce KPIs? Sales KPIs. Marketing KPIs. Customer service KPIs. Shipping & logistics KPIs. Ecommerce KPI examples. How ShipBob helps retailers track and achieve ecommerce KPIs. What are ecommerce KPIs? Internet Retail: 80. Specialty Retail Stores: 78.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

BlueYonder

APRIL 16, 2015

In Part II , we saw how seeking inspiration from retailers can help manufacturing companies to embrace customer-centricity. Logistics costs become a key area of concern, as they eat into the company’s profit margins, and service becomes a measurable KPI. Stage 3—Demand Focus. Optimization tools support Stage 1 ambitions.

Sourcing Strategies 40

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Modeling 40

SCMDOJO

OCTOBER 7, 2022

Logistics KPIs examples can vary from Basic 5 Logistics KPIs to a detailed list of 47 , which you can get from here. Logistics is the central system that controls physical inventory flow in a supply chain. Helps in scrutinizing which inventory management method to adopt. Attribute 3 – Cost related Logistics KPIs.

Optimal Sourcing 109

Optimal Sourcing Logistics Network Optimization Software Logistics Supply Chain Design Software 109

GlobalTranz

JUNE 14, 2017

There is no easy way to say it; single-channel retail is dead. Inventory Accuracy. This is a simple key performance indicator (KPI), another name for metrics, to track. It refers to the in-stock or out-of-stock accuracy of supplier inventory. Forecasting Accuracy KPIs. Vendor Fill Rate. Order Accuracy.

Procurement Analytics 191

Procurement Analytics Omnichannel Metrics Supply Chain Design Software 191