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

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain?

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Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Silvon Software

AUGUST 8, 2022

Logistics disruptions, production delays, an over reliance on 3 rd parties, and labor market shortages are just some of these challenges. To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process. Why is it crucial?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Intelligent Audit

OCTOBER 27, 2022

Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

QAD

OCTOBER 4, 2023

What is Supply Chain Analytics and Why is it Important? Supply chain analytics allows businesses to examine their operations and view data in real-time. With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Shaman

OCTOBER 13, 2022

On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” The outcomes are less predictable or clear. The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. See the pattern?

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

ShipBob

DECEMBER 13, 2023

The success of any ecommerce business depends greatly on how it manages its inventory health. Now, for some, inventory health may not be an immediate concern. You might say, “I’ll just order plenty of inventory and wait until it sells out.” What is inventory health?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Locus Robotics

JANUARY 2, 2024

By Inés Alcántara, Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success. There are five pivotal solutions and trends that are reshaping the logistics landscape.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. INVENTORY STRATEGY. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Locus Robotics

JANUARY 2, 2024

Home January 02, 2024 5 Ways to Cope with Changing Logistics Demand in 2024 Inés Alcántara , Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

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

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ThroughPut

MARCH 27, 2024

The Evolution of Retail Supply Chain & Logistics: A Pre-AI Overview In the pre-AI era, the retail sector was markedly different, especially since the traditional supply chain and logistics models were largely driven by manual labor. Besides, AI is helping retailers optimize inventory, warehouse and pricing.

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Adexa

JULY 17, 2023

Even real-time decision making is being replaced with before-the-time decision making by predicting events. It allows organizations to track and monitor inventory levels, production status, transportation, and other crucial supply chain activities. Processes that used to take days can now be done in minutes.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

ThroughPut

NOVEMBER 15, 2022

Logistics Planning and its Role in the Evolving Supply Chain. Logistics is key to an efficient supply chain which involves the planning and movement of goods, services, and information from the point of origin to the point of consumption. Ambiguity in Inventory Visibility, Tracking, and Management. THE CHALLENGE. THE SOLUTION.

Handbook 52

Handbook Inventory Reduction Resource Reduction Cost Reduction Strategies 52

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

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Logistics Viewpoints

JUNE 26, 2023

Mr. Beery began by visiting Procter & Gamble, UPS Logistics, the devices division at Microsoft, and other companies with advanced supply chains. The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Elementum

FEBRUARY 7, 2024

This integration allows for the automation of straightforward tasks, freeing up resources for more complex processes that require AI’s predictive capabilities and decision-making. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. This can include examining everything from inventory management and order fulfilment to warehousing, delivery, and customer service. Optimizing inventory can also be achieved by leveraging technology and data analytics.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

GlobalTranz

SEPTEMBER 23, 2021

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. transportation metrics ?that

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

The Logistics & Supply Chain Management Society

JULY 20, 2020

Team re-building, split of responsibilities/tasks, border closure challenges, quick navigation of stock management, prioritisation of logistics to consumer needs and coordination with partners upstream and downstream. Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

QAD

AUGUST 29, 2023

Collaboration with these partners can provide organizations with the information they need to make better decisions about inventory, production and distribution. This information can help organizations adjust their inventory levels and production schedules to meet customer needs and reduce stockouts.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Forecasting Software Forecasting 93

Enterra Insights

MARCH 28, 2019

” Logistics professionals could adopt that statement as their motto. Half-a-decade ago, Apptricity analysts wrote, “In the world of supply chain and logistics management, perfection remains an elusive goal. “Logistics companies cannot afford not to be innovative,” he explains.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Modeling Supply Chain Network Software 100

SCMDOJO

JUNE 14, 2023

You can also use this data to make more accurate forecasts and better manage inventory levels. Consider Outsourcing to a Third-Party Logistics Provider Outsourcing your logistics to a third-party provider can help reduce the burden on your internal team and allow them to focus on other critical areas of your business.

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Planning Software Supply Chain Planning Supply Chain Software 92

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Read Also: How To Power Up Your Retail Last-Mile Fulfillment To Meet Soaring Demand Why is Shelf Replenishment Complicated Logistically?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Waste Reduction 52

ThroughPut

APRIL 10, 2020

What is Logistics Management Software? Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. Evolution of Logistics Management Software.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

What is Logistics Management Software? Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. Evolution of Logistics Management Software.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

What is Logistics Management Software? Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. Evolution of Logistics Management Software.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

MARCH 15, 2024

It’s no wonder that a KPMG study has found that 50% of supply chain organizations plan to invest in artificial intelligence (AI) applications and advanced analytics capabilities through 2024. Are you losing money to inventory mismanagement? Thorough data cleansing significantly enhances the accuracy of AI’s predictive capabilities.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

It’s no wonder that a KPMG study has found that 50% of supply chain organizations plan to invest in artificial intelligence (AI) applications and advanced analytics capabilities through 2024. Are you losing money to inventory mismanagement? Thorough data cleansing significantly enhances the accuracy of AI’s predictive capabilities.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ShipBob

JULY 2, 2021

But today, these technological advancements are becoming a reality and transforming the logistics industry. With on-demand logistics on the rise (due to high standards and expectations around accurate, fast, and reliable delivery), technology continues to play a tremendous role in supply chain efficiency. brand mentions). .

Supply Chain Planning Software 98

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