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

Logility

MAY 10, 2022

Smart inventory allocation and deployment starts with the right digital supply chain platform. For most businesses, the past two years have been a much-needed teaching moment on the state of their inventory planning, tracking, and management capabilities. Decades-old, tried-and-true rules ?

Optimal Sourcing 173

Optimal Sourcing Optimization Software Inventory Reduction Supply Chain Planning Software 173

Logility

OCTOBER 18, 2022

Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach. It’s an undeniable mess, and while you can’t always predict supply chain disruptions, it doesn’t mean you can’t be better prepared, with disruptions big and small now an accepted inevitability.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

ThroughPut

MAY 24, 2024

Managing inventory in a supply chain is complex due to issues like downtime, delays, and demand fluctuations. Multi-Echelon Inventory Optimization (MEIO) is the solution, offering a sophisticated approach to optimizing stock levels, reducing costs, and improving service. What is Multi-Echelon Inventory Optimization?

Optimal Sourcing 52

Optimal Sourcing Modeling Inventory Reduction Optimization Software 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

A survey conducted earlier this year by IDC Manufacturing Insights across Asia Pacific manufacturers found that organisations are currently focusing ESG efforts related to environmental sustainability on the following (1) : Energy efficiency requirements of products and operations. Reduction in waste and driving cost efficiencies.

Resource Reduction 243

Resource Reduction Supply Chain Design Software Resources Sustainability 243

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 297

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supply chains throughout the Asia Pacific region. Inventory and Capacity Buffers. Whether in the form of underutilised production facilities or inventory in excess of safety stock requirements. Multi-Sourcing.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Supply Chain Planning Software Sourcing Strategies Supply Chain Software 246

NC State SCRC

JANUARY 1, 2023

As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider. .” Price is still the determining factor here.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

IQMS

JULY 11, 2019

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list. This complexity is occurring in many forms.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

ModusLink Corporation

JANUARY 24, 2024

Implement predictive analytics to anticipate potential disruptions. Collaborate with suppliers and logistics partners to share real-time information on inventory levels, shipments, and potential delays. Regularly update policies and procedures to align with evolving regulatory requirements.

Supply Chain Planning Software 78

Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy Supply Chain Planning 78

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Source: Bloomberg.com. When customers arrive curbside to collect their purchase, they have no intention of waiting.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Precoro

JANUARY 16, 2023

Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. As a comprehensive approach, spend management typically includes management of suppliers, categories, approval workflows , inventories, and documents.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Logility

OCTOBER 20, 2021

Make better inventory management decisions and gain a deeper understanding of your customers by solving for “what if?”. Performing a what-if analysis involves predicting specific outcomes based on different data: specific events that may or may not be favorable to the business. It’s always best to start with what you know.

Analysis 130

Analysis Modeling Optimal Sourcing Supply Chain Planning Software 130

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 75

Inventory Management Software Inventory Reduction Inventory Management Inventory 75

Enterra Insights

JULY 28, 2022

Planning would be a lot easier if the world were a less complicated and more predictable place in which to conduct business. Even if a lot of information is available (in the sense of being secure and predictable), the evaluation of the same can still be ambiguous.” Government policies are rational. ” • Ambiguity.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 130

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. The Importance of Inventory Replenishment. Predicting consumer demand is always a challenge. Factors to Consider.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

Geopolitical changes encompass alterations in international relations, trade policies, tariffs, or regulations. These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. Collaborative partnerships facilitate information sharing, joint problem-solving, and risk mitigation.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Enterra Insights

JUNE 1, 2021

Tamizhkumaran explains, “Cognitive analytics solutions entail self-learning systems and algorithms that mimic the human brain’s thought process in order to analyze large amounts of data quickly and accurately.” One source of tension is retailer chargebacks (or fines) for failing to comply with their compliance requirements.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive demand can propose prices changes, subject to stock levels and replenishment capacity.

Agile and Lean Supply Chain 230

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

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. If you’re new to order fulfilment and inventory management , you’ll need a firm understanding of the backorder process. The inability to purchase out-of-stock goods will usually send a customer elsewhere.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. But some of my other predictions did hit the mark or came close. Making supply chain and logistics predictions is like throwing darts at a moving target. When making predictions, it’s easy to look at recent trends and simply project them forward.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

o9 Solutions

JUNE 27, 2021

Microsoft Data, Analytics, and AI Partner Case Study Program. The o9 solution integrates multiple technology innovations into one platform, including graph-based enterprise modelling, big data analytics, advanced algorithms for scenario planning, collaborative portals, easy-to-use interfaces, and cloud-based delivery.

Analytics Software 83

Analytics Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 83

Unleashed

DECEMBER 20, 2021

Here we explain what multichannel involves, why it’s so complex, and how you can give your multichannel operation a strong foundation with a robust inventory management system. What is multichannel inventory management? In other words, it’s inventory management that takes into account multiple sources of information.

Inventory Management Software 97

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 97

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres.

Optimal Sourcing 74

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 74

QAD

JUNE 17, 2021

Integrated Supplier Management is a must – manufacturers are still dealing with the effects of the global chip shortage, the Suez Canal blockage, changing trade policies and other global supply and demand disruptions. At QAD, we understand the multiple steps manufacturers need to take to achieve a resilient and integrated supply chain.

Supplier Management 97

Supplier Management Supply Chain Planning Software Supply Chain Planning Supply Chain Software 97

ThroughPut

JANUARY 28, 2019

Through the targeted use of Artificial Intelligence (AI), Machine Learning and other technologies, leading global innovators are constantly trying to enhance the effectiveness of their inventory management. What one can’t ignore, however, is all the external factors that also directly, and indirectly, affect inventory processes.

Optimal Sourcing 94

Optimal Sourcing Optimization Software Supply Chain Software Supply Chain Planning Software 94

Vanguard Software

MARCH 26, 2021

Besides raw material costs, logistics can account for anything between 5% and 50% of the total product cost , depending on where products are sourced, their value, and the shipping methods. Transportation methods Procurement Inventory policies Distribution costs Forecasting and demand planning Customer service levels.

Optimal Sourcing 52

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 52

EazyStock

JULY 20, 2020

Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important in today’s digital world – especially as an increasing number of people are working remotely. Here are some ways technology can help you simplify inventory management.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

Elementum

FEBRUARY 7, 2024

It’s a strategic reimagining of business models and processes, powered by cloud computing, big data analytics, and AI, making businesses more adaptive, responsive, and customer-focused than ever before. The result?

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Talking Logistics

DECEMBER 20, 2017

Source: Evan, Flikr. “I I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. SophiaTX Open Source Platform to Integrate SAP, Blockchain. In short, I continue to be wrong — and sometimes right — with my supply chain predictions.

Predictive Analytics Software 91

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 91

LevaData

JANUARY 4, 2022

As we look to the new year and all the potential it has to offer, supply management and sourcing professionals everywhere are finalizing their corporate resolution lists in the hopes of securing a successful year ahead. At LevaData, our goal has always been to help organizations transform strategic sourcing into a competitive advantage.

Supply Chain Planning Software 77

Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing Cost Reduction Strategies 77

QAD

DECEMBER 19, 2019

In our previous Actionable Insights blog , we discussed QAD’s Inventory Value Action Center. Next, we will provide an overview of the Purchasing Commitments and Spending Action Center as well as the associated key performance indicators (KPIs). Together, spend and commitment provide a clear view of purchasing.

Purchasing Skills 130

Purchasing Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 130

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. As we adhered to shelter-in-place orders from the CDC (Centers for Disease Control), each of us were purchasing more products and services online at a faster adoption rate than ever before.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 69

USC Consulting Group

JULY 21, 2020

Yet for business leaders – especially manufacturers and shippers – the words “unpredictability” and “uncertainty” will likely epitomize 2020, as they’re something organizations continue to experience as the country and consumers emerge from the nationwide lockdown amid supply chain disruption.

Supply Chain Disruption 72

Supply Chain Disruption Modeling Supply and Demand Demand Planning Software 72

Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Procurement 40

Enterra Insights

MAY 13, 2020

In the manufacturing sector, efforts to embrace Industry 4.0 Adnan Seric, a Research and Industrial Policy Officer at UNIDO, and Deborah Winkler, a Senior Consultant and Principal at Global Economic Policy LLC, explain, “Industry 4.0 ”[1]. technologies are also gaining momentum. Industry 4.0 And Industry 4.0

Supply Chain Software 100

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 100