Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Orbit Chart for L’Oréal at the Intersection of Inventory Turns and Operating Margin.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

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

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

ThroughPut

MARCH 27, 2024

Every aspect of operations, be it managing the inventory, forecasting demand or fulfilling orders was dependent on human wisdom and intuition. Besides, AI is helping retailers optimize inventory, warehouse and pricing. AI-driven robots help improve in-store inventory tracking and management. This has made deliveries faster.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 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. MHI published a study in 2020 citing consumer demand for speed as one of three toughest challenges for the supply chain today.

Demand Planning Software 98

Demand Planning Software Meeting Supply and Demand Inventory Management Software 98

ToolsGroup

OCTOBER 31, 2017

“Your inventory problem is scary because you’re selling out before you can make new items to meet demand”. Many retailers agree that inventory can be scary. Jill , Nike and H&M who missed sales projections, upset customers with out-of-stocks, and had to clear excess inventory through deep discounting.

Inventory Reduction 195

Inventory Reduction Inventory Forecasting Expense Reduction 195

RFgen

MAY 2, 2019

The ability to meet a projected increase in demand with consistent reliability is a top priority for supply chain managers at chemical manufacturing firms, according to Supply Management. The importance is based on companies’ needs in the chemical supply chain – from suppliers to downstream customers – to reduce inventory.

Inventory Reduction 52

Inventory Reduction Chemicals Supply Chain Software Waste Reduction 52

RFgen

MAY 2, 2019

The ability to meet a projected increase in demand with consistent reliability is a top priority for supply chain managers at chemical manufacturing firms, according to Supply Management. The importance is based on companies’ needs in the chemical supply chain – from suppliers to downstream customers – to reduce inventory.

Inventory Reduction 52

Inventory Reduction Chemicals Supply Chain Software Waste Reduction 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. increase in sell-through, alongside improved inventory efficiency, contributing to a €4.2

Italy 156

Italy ToolsGroup Inventory Reduction Price Reduction 156

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

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 120

Optimization Software Inventory Demand Planning Software Modeling 120

ToolsGroup

SEPTEMBER 26, 2023

Fabrizio Fantini, Founder and CEO of Evo commented, “Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations. Resources Learn more about this exciting partnership HERE.

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

Supply Chain Shaman

OCTOBER 22, 2015

The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. Companies invest in project after project, yet inventory levels remain the same. What Drives Inventory Effectiveness?

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Inventory Supply Chain Planning Software 150

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

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

The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Dr Shereen Nassar – Global Director of Logistics Studies and Supply Chain Management Programmes Heriot-Watt University Dubai. Therefore, a strategy for resilience is necessary to meet the changing demands of consumers and ensure sustainable growth. Digitisation for Optimised Capacity and Inventory Buffers.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Software Predictive Analytics 246

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently?

Optimal Sourcing 136

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 136

Supply Chain Opz

JUNE 1, 2014

Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Case Study 239

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

Supply Chain Shaman

JANUARY 29, 2018

I like case studies and readers enjoy them on the blog, so following the conference, I reached out to Ajay Bhardwaj, Director of Planning at Glen Raven Custom Fabrics, to understand his story. For him, this meant growing top-line revenue with less supply chain inventory. Ajay, thanks for sharing your case study with the readers.

Supply Chain Planning Software 0

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 0

Supply Chain Game Changer

APRIL 27, 2021

Featuring Our 10 Best Inventory Management Articles! Inventory makes the world go round. Trillions and trillions of dollars of inventories exist all over the world in every conceivable form and in every conceivable channel. Inventory levels will determine whether any company will survive or die. Subscribe Here!

Inventory Reduction 86

Inventory Reduction Inventory Management Software Inventory Management Material Savings 86

ShipBob

APRIL 15, 2024

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

ThroughPut

DECEMBER 1, 2023

It involves constructing an accurate forecast of future demand based on supply drivers, aiming to meet customer needs as precisely as possible. What is Demand-driven Inventory Replenishment? This method ensures inventory optimization, reduces rework, and eliminates bottlenecks in the supply chain, ultimately enhancing resilience.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently?

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 120

DELMIA Quintiq

JUNE 9, 2020

Companies that were unable to meet these challenges have been left behind (for example, in High Tech think Blackberry and Compaq). How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations? Global manufacturing today faces significant operational challenges.

Manufacturing Procurement 272

Manufacturing Procurement Optimization Software Supply Chain Optimization Price Mitigation Strategies 272

AB&R

JANUARY 3, 2019

Since their inventory is classified as medical devices, the UDI requires the company to provide a unique product label in a barcode format on every device. The post Case Study: Major Medical Company Meets UDI Compliance appeared first on AB&R.

Case Study 40

Case Study Study Meeting Company 40

Logility

OCTOBER 30, 2018

Although the marketing slogan didn’t help, Oldsmobile’s downfall was not changing its product line fast enough to meet buyer expectations. These first solutions were mostly used for periodic review and optimization of inventory carrying parameters. Companies would adjust their inventory parameters on an annual or semi-annual basis.

Modeling 113

Modeling Optimization Software Supply Chain Optimization Inventory Reduction 113

RFgen

JUNE 22, 2023

Unlocking the synergy between consulting services, ERP systems, and inventory management is the key to creating a powerhouse of efficiency. Together, consulting and ERP complement each other to improve your inventory management system. Synergy with IM: Consultants bring outside perspective on how best to solve inventory challenges.

Inventory Management Software 72

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

Unleashed

MAY 30, 2023

Seasonal spikes and boosts in customer demand are great – if you’ve got enough stock available to meet them. Anticipation inventory is the solution to this problem. Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. What is anticipation inventory?

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

Supply Chain Shaman

OCTOBER 11, 2023

The larger the global corporation, the more that the use of functional goals sub-optimizes growth, margin and inventory levels. Unknowing consultants layered meetings after meetings after meetings onto regional supply chain processes adding 50-60% latency to the output of decision support technologies. Measurement.

Supply Chain Planning Software 379

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 379

Material Handling & Logistics

MAY 6, 2019

A new study from the Center for Supply Chain Research at Lehigh University shows that retailers are expanding their virtual inventory without incurring additional carrying and fulfillment costs by utilizing dropship programs

Meeting 110

Meeting Supply and Demand Study Research 110

ToolsGroup

JANUARY 9, 2024

The study provides competitive analysis and ranking of the leading Retail Assortment and Management Application (RA&MA) vendors in the form of its SPARK Matrix. The company was named a technology leader in Intelligent Retail Pricing & Promotion Optimization and Global Supply Chain Inventory Optimization.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Retail Optimization Software 156

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. In another example, Narvar’s study on “keep the item” returns demonstrates that: 65% of people appreciate that returnless refunds save them time and money. 40% would be more likely to recommend the retailer to others.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

RFgen

AUGUST 10, 2023

Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete. When first implementing digital inventory technology, many organizations consider a warehouse management system (WMS). Ensure proper ordering, inventory planning, and process scalability.

Real-time Visibility 81

Real-time Visibility Inventory Management Software Supply Chain Planning Software Inventory Reduction 81

Unleashed

AUGUST 12, 2021

How food manufacturers are taking advantage of the alternative protein trend: A case study One recently launched New Zealand company, Food Nation , is proving a winner in the alternative protein space. The demand for whey products has soared in recent years, and many businesses in this space have built new factories to meet demand.

Manufacturing Procurement 98

Manufacturing Procurement Case Study Food Study 98

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. Good food manufacturing software provides a means to track inventory in real-time, through every step of the supply chain. Why your food inventory management system is going stale. Working with fresh food.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

ToolsGroup

DECEMBER 11, 2023

The study provides competitive analysis and ranking of the leading IRP&PO vendors in the form of its SPARK Matrix. As retailers strive for high profit margins, excess inventory remains a challenge – especially during the post-holiday season. Come meet ToolsGroup at NRF 2024, Booth #3948. Save your meeting slot today.

ToolsGroup 156

ToolsGroup Price Reduction Optimization Software Modeling 156