Logility

JUNE 7, 2023

Top 3 Demand Forecasting Mistakes —How To Avoid Them with Demand planning software Demand forecasting is a critical facet of successful business operations, acting as the helm guiding companies through the rocks hiding beneath the water of market demands. However, this approach overlooks a critical piece of the puzzle: external variables.

Supply and Demand 130

Supply and Demand Demand Planning Software Forecasting Software Forecasting 130

Logility

MARCH 21, 2024

As a member of Logility’s research and development team with a specialization in generative AI, I have a front row seat to witness the rapid expansion of artificial intelligence technology. In this blog, I‘ll address 10 common generative AI myths to demonstrate the value of this exciting technology.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

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

ToolsGroup

JANUARY 15, 2024

The software company earns Leadership recognition in supply chain planning and demand planning across regions. BOSTON – January 15, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to be recognized as a Leader in five separate G2 Winter 2024 reports.

ToolsGroup 177

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply and Demand 177

ToolsGroup

JANUARY 22, 2020

In my decades of working in replenishment and inventory optimization, I’ve noticed that many companies seek solutions to symptoms rather than the underlying problem. I want to let you in on a secret: software companies are happy to sell you something you don’t need. Let’s examine the first: inventory aging reports.

Optimization Software 199

Optimization Software Inventory Reduction Forecasting Software Supply Chain Planning Software 199

Logility

FEBRUARY 23, 2022

ATLANTA (February 23, 2022) American Software, Inc. million for the same period last year and software license revenues were up 87% to $1.0 million for the same period last year, while Software license revenues increased 30% to $2.3 Empresa Siderurgica del Peru SAA, Intertape Polymer Corp., million compared to $0.5

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software 130

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. How do you calculate Average Inventory?

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management 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. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

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. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

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. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

RFgen

JANUARY 23, 2023

Overview: What is mobile device inventory management? With so much information out there about inventory management best practices, it can be hard to determine what steps to take to make improvements. Mobile inventory systems are a proven “must-have” solution for enhancing materials management. bn through 2026.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Modeling Software 52

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

Logility

JUNE 23, 2023

All these elements can help you predict where demand is heading. They’re stuck with inaccurate forecasts, ending up with too much or too little inventory, missed orders, and unsatisfied customers. A traditional forecasting model might look at last year’s sales metrics to predict this year’s.

Forecasting 192

Forecasting Forecasting Software Modeling Predictive Analytics Software 192

Logistics Viewpoints

AUGUST 7, 2023

A previous supply planning implementation, of an SCP system from a different supplier, had not gone well. When it comes to supply chain planning, the right technology solution can make a big impact on a business’ agility and resilience. 94% of US and Canadian healthcare systems use Cardinal Health in one capacity or another.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

Logistics Viewpoints

JUNE 19, 2023

These same pundits also predict that AI could lead to increases in global GDP by trillions of dollars in the same time frame. However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security.

Supply Chain Design Software 237

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Network Software 237

Elementum

FEBRUARY 7, 2024

AI-driven systems improve understanding and management of workflows. Defining Business Process Automation Business Process Automation (BPA) involves the utilization of technology to execute recurring tasks within an organization’s operations. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Unleashed

AUGUST 14, 2023

Manufacturing operations need to implement effective production management tools and processes to reduce the cost of producing goods. This article explains the importance of production management, the key processes, and tools you can implement to minimise the cost of inputs while maximising productivity and quality.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Modeling Software 52

Logistics Viewpoints

JUNE 1, 2023

With these at play, having agile planning systems which can consume large amounts of internal and external data and provide decision intelligence and decision automation are becoming essential capabilities retailers seek. 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. Reducing Reliance on Outdated Systems and Technology .

Prescriptive Analytics Software 216

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

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 83

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 83

Supply Chain Game Changer

NOVEMBER 2, 2022

That means managing employees, vendors, customers, and more on one platform. That’s where supply chain risk management software comes in. SCRM software helps companies manage their supply chains by centralizing every aspect of their operations into one place so they can see where problems are occurring before they happen.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

Kinaxis

JUNE 22, 2015

by Andrew Dunbar Over the last several weeks, this blog series on Inventory Management has explored the objectives and roles of inventory managers and outlined several of the improvement levers available to them. The metrics you choose should answer the questions your organization is asking, without requiring additional analysis.

Metrics 100

Metrics Inventory Reduction Inventory Inventory Management Software 100

ThroughPut

DECEMBER 6, 2023

Thanks to the more advanced forms of supply chain analytics like predictive analytics, supply chains are proactively looking into the future and prepping for “what is to come” rather than only ruminating over “what already happened.” What Is Predictive Analytics for Supply Chain?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Logility

FEBRUARY 23, 2021

In addition, they wanted to incorporate the inventories from their parts suppliers and their geographic locations so they could minimize empty return-trip trucks and duplicate runs, as well as minimize the inventory that they had to keep on hand in their distribution centers while knowing which suppliers had what parts in stock.

Inventory Reduction 134

Inventory Reduction Inventory Logility Logistics Network Optimization Software 134

Enterra Insights

DECEMBER 12, 2019

Manufacturers have historically found themselves at the cutting edge of technological advances. It’s surprising, then, to read stories encouraging manufacturers to jump aboard the Digital Age technology bandwagon. ” He noted, “Each of these technologies will fundamentally change how products are manufactured.”

Analytics Software 100

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 100

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. Download the Guide.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

Vinculum

JUNE 3, 2020

Inventory management plays a vital role in building a sustainable, scalable and profitable eCommerce business. No matter how expert you are, how bigger or smaller your business may be, what products you sell, or who do you serve, lack in your inventory management can bring bigger challenges in your business success.

Inventory Management Software 59

Inventory Management Software Forecasting Software Supply Chain Planning Software Demand Planning Software 59

Talking Logistics

JULY 6, 2017

Milestone events (like inland ETAs) as well as behaviors (such as cancellations) can now be predicted with high accuracy. A data intelligence platform with a proprietary data ingestion engine can unlock this value from historical data. This is the power of predictive logistics. . Putting it Into Practice.

Predictive Analytics Software 101

Predictive Analytics Software Logistics Network Optimization Software Forecasting Software Demand Planning Software 101

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

SCMDOJO

APRIL 9, 2024

The Role of Digital Technology in Logistics Digital technology emerged with the first commercial computers in the mid-20th century. Other developments like transistors, integrated circuits, and personal computers paved the way for the rapid advancement of technology.

Supply Chain Design Software 65

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 65

GlobalTranz

JULY 20, 2015

With the purpose of optimizing supply chain efficiency and asset recovery rates, applying a reverse logistics system has increasingly become a tool that positively impacts profitability as well as assisting an organization in meeting sustainability goals. 6 Benefits of an Effective Reverse Logistics System. Increased velocity.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

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

ShipBob

NOVEMBER 24, 2023

The root of many inventory management challenges lies in treating all stock equally—when in reality, each item should be assessed and segmented individually. This is where inventory segmentation can help. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Supply Chain Game Changer

AUGUST 24, 2022

Featuring Our 10 Best Inventory Management Articles! A very important part of many businesses is managing inventory. Companies in all different industries need to have inventory in stock in order to remain afloat and deliver their products to customers in a timely manner and avoid inventory management mistakes.

Inventory Management Software 93

Inventory Management Software Inventory Management Inventory Reduction Inventory 93

Supply Chain Matters

AUGUST 18, 2022

This Supply Chain Matters This Week in Supply Chain Tech commentary provides highlights and added perspectives on this week announcement regarding Kinaxis’ s completed acquisition of supply chain execution B2B SaaS platform provider MPO. Background. As we move toward the second half of the year, that cycle indeed continues.

Supply Chain Planning Software 52

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

Logility

MARCH 12, 2021

Descriptive, predictive and prescriptive analytics should be combined to optimize your demand planning processes. Pulling data into a business intelligence tool in each department, the company started generating a new series of reports designed to meet the requirements of each department. Why are our error metrics (MAPE, MAE, etc.)

Supply and Demand 191

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 191