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

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Logility

AUGUST 12, 2021

Higher income, less waste, better quality, and improved food security are among the benefits of the farm-to-fork movement growing worldwide. However, creating a market-driven demand plan that people in different business areas and roles can use to develop individual operating strategies can be challenging.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Logistics Viewpoints

NOVEMBER 30, 2023

This article will explore some of the key impacts of cyberattacks in the warehouse and distribution industry, as well as strategies businesses can employ to protect themselves from these threats. Keep in mind as well the cost (or loss) of cyber-security insurance if you have a breach or do not have a solid security posture.

Warehousing 240

Warehousing Distribution Cost Reduction Strategies Vendor Strategies 240

BlueYonder

FEBRUARY 14, 2023

The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. We have been working with, for example, a door manufacturer that has the kits and the components.

Manufacturing Procurement 127

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 127

RFgen

JUNE 22, 2023

Unlocking the synergy between consulting services, ERP systems, and inventory management is the key to creating a powerhouse of efficiency. This can range from advising on strategies for enhancing an ERP platform to methods of streamlining stock control. Together, consulting and inventory management improve efficiency.

Inventory Management Software 72

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 72

Unleashed

JANUARY 25, 2023

In fact, in the UK alone average inventory values jumped nearly 100% from 2019-2022 , while gross margin return on investment (GMROI) dropped 76%. In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

SYSPRO Smarter ERP

NOVEMBER 14, 2022

It is no secret that the manufacturer and distributor sectors have been some of the hardest hit by the global health crisis and recent geopolitical instability. Tackling the various hurdles faced by manufacturers and distributors requires a strategic approach. Implementing innovative cost-saving for a manufacturer.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 116

Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

OptiProERP

NOVEMBER 22, 2023

With 2024 on the horizon, more manufacturers are adopting smart manufacturing technology. It is helping them capture benefits across the entire manufacturing value chain. Examples of intelligent factories include on-demand manufacturing and virtual inventories.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Software Material Savings Analytics Software 52

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

Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. Raw material inventory management oversees the procurement, handling, and storage of raw materials. In this guide: What is raw material inventory management? Let’s dive in.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Unleashed

APRIL 25, 2023

Due to the high volume (and often, high value) of B2B customer orders, inventory management presents several unique challenges for manufacturers and wholesalers. This B2B inventory management guide breaks down those challenges and outlines the core benefits and key features to look for in reliable B2B software.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 52

Unleashed

AUGUST 30, 2021

Here we examine manufacturing downtime in detail, including what it is, what causes it, and what it can cost your business. Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart manufacturing software.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Material Savings 98

Supply Chain Game Changer

MARCH 26, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Use ABC Analysis to Categorize Your Inventory. The use of ABC analysis to categorize inventory is not a new concept.

Inventory Management Software 124

Inventory Management Software Inventory Management Inventory Reduction Inventory 124

RFgen

JUNE 30, 2023

Gone are the days of paper inventory tracking and manual data entry. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. It’s also critical to your inventory management strategy. Case Study: NFPC Enhances ERP to Gain 99.9%

Inventory Management Software 76

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 76

QAD

APRIL 19, 2022

2022 Predictions for CPG Manufacturing. Among the many industry articles with 2022 predictions is a recently published supply chain and sustainability strategy round-up article in IndustryWeek. Consumer Packaged Goods and Food & Beverage manufacturers continue to face these pressures and more. The Value Chain and E-Commerce.

Manufacturing 97

Manufacturing Predictive Analytics Software Supply Chain Planning Software Beverage 97

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. What is inventory tracking? It helps to reduce inventory shrinkage and loss.

Inventory Management Software 52

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

GlobalTranz

AUGUST 4, 2021

Let’s take a closer look at an examination by Industry Week , “Beyond the immediate impact on PPE Suppliers and Raw Materials for Hand Sanitizers, the pandemic gave a view of the degree to which many manufacturers were vulnerable to suppliers. Traditional Inventory Replenishment Strategies No Longer Work.

Supply Chain Risk Management 288

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 288

ModusLink Corporation

JANUARY 24, 2024

By implementing key strategies, they can better navigate troubled waters and ensure the efficient movement of goods across international waters. This update explores essential strategies. Enhanced Security Measures: Collaborate with maritime security agencies and international organizations to ensure the safety of shipping routes.

Supply Chain Planning Software 78

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

Kanban Logistics

APRIL 17, 2023

During periods of growth, manufacturers of all sizes tend to come to the same realization: they’ve run out of space for equipment and people and need to expand. Historically, manufacturers utilized what’s now referred to as a “just in case” logistics model. Enter the Just in Time (JIT) delivery system. This took up (i.e.,

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Material Savings 52

ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. It’s time to re-think how our products are manufactured and distributed.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

Unleashed

OCTOBER 5, 2023

Warehouse management encompasses a range of tasks, including: Inventory tracking Order fulfilment Organising storage spaces Optimising layouts Managing personnel Efficient and organised warehouse management plays a crucial role in supply chain management by contributing to timely deliveries and overall customer satisfaction.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

Logility

MARCH 21, 2024

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. Having the right technology and processes in place is what keeps customers satisfied and an ecommerce business financially secure, despite unforeseen setbacks.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

RFgen

FEBRUARY 10, 2023

Supply chain optimization and attracting talent will continue to be top-of-mind for manufacturers. Artificial intelligence (AI) is most likely to transform the manufacturing sector. Manufacturing has changed dramatically in recent years. In fact, over half of U.S. Integration remains a challenge, however.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Analytics Software 52

Taulia

SEPTEMBER 7, 2022

But those goods and materials, referred to collectively as inventory, can be difficult to manage efficiently – especially at scale. Ineffective management of inventory can be extremely harmful to operational success. But, to complicate matters, there’s more than one inventory management strategy to choose from.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Supply Chain Game Changer

MAY 4, 2021

When customer demand exceeds forecast you are scrambling to get parts and materials, to secure capacity, and to expedite the movement of goods throughout the Supply Chain. When demand falls short of forecast you are left with too much inventory, excess capacity, under-utilized resources, and profit and cash flow pressures.

Inventory Reduction 92

Inventory Reduction Waste Reduction Vendor Strategies Expense Reduction 92

Resilinc

APRIL 5, 2022

More than two years after the global pandemic began its epic disruption of supply chains, political and corporate leaders around the world are calling for a major redesign of globalized supply chains to emphasize security and resilience over cost and efficiency. “A To attain true domestic self-sufficiency in semiconductors, the U.S.

Cost Reduction Strategies 62

Cost Reduction Strategies Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 62

Logility

JULY 21, 2022

Through its comprehensive digital portfolio OpenBlue, Johnson Controls offers seamlessly integrated products and solutions in building automation, building controls, refrigeration and air conditioning, as well as security, fire protection and fire suppression. ” . Everyone Know Where Everything Fits”.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 173

QAD

APRIL 28, 2022

Disruptive technologies have become the standard in manufacturing, so much so that it’s easy to forget the unprecedented rate of change we’ve all become accustomed to, and that it all began with a single piece of software that changed life as we know it: the World Wide Web (WWW). Extending Manufacturing Capabilities with Cloud ERP.

Manufacturing Procurement 94

Manufacturing Procurement Analytics Software Supply Chain Design Software Supply Chain Network Software 94

Unleashed

APRIL 16, 2023

Inventory tracking software can mean the difference between thousands of customer orders out the door and thousands of dollars down the drain. In this inventory tracking software guide, we break down what it’s for, which features to look for based on your industry and size, and how to safely manage a software upgrade.

Inventory Management Software 52

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

Logility

APRIL 26, 2022

based supplier of fashion blanks transforms its demand and inventory management with Logility. One of the leading wholesale producers and sellers of premium quality blank apparel in the United States, Next Level Apparel has implemented the Logility® Digital Supply Chain Platform to modernize its demand and inventory planning processes.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Inventory Management Software 130

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Many merchants were concerned about having enough inventory to meet demand, and consumers wondered if they would be able to secure holiday gifts for loved ones. On the other hand, a Just in Case model is capital-intensive.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

OptiProERP

NOVEMBER 14, 2023

In an era where environmental concerns are taking center stage, sustainability has emerged as a critical driver of success for manufacturers, big and small. Governments, consumers, and stakeholders increasingly prioritize sustainable practices, urging manufacturers to reevaluate their operations.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52