Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

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

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 169

Supply Chain Shaman

SEPTEMBER 20, 2015

Spinnaker Management Group asked me to co-present on a demand-driven webinar with SanDisk. Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. When I heard their story, I scratched my head. In fact, the teams ignore the forecast.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

AUGUST 12, 2020

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. During the presentation, I squirmed uncomfortably in my seat. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The result? The reason?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Logistics Viewpoints

DECEMBER 7, 2021

Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Even if much of their sought-after inventory remains stuck at sea, merchants still need to move products that are available, and this brings its own set of relentless challenges. They face higher costs.

Capacity 191

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 191

Unleashed

APRIL 11, 2024

That’s why AOV is an essential metric to improve. Consider offering volume discounts and free shipping incentives to lift AOV. Operational costs present one of the biggest opportunities for boosting net margins. Inventory and marketing costs can be insidious parasites, gnawing at your margins. Watch the cash flow.”

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. Now that you know how to access your retail data easily and often, here are the metrics you’ll want to keep on hand: Velocity. Retail data: A brand’s greatest asset.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. Time horizon.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Intelligent Audit

DECEMBER 13, 2021

The global pandemic has changed the transportation and shipping industry in many ways, some of which will linger for years to come. Issues with logistics and shipping capacity continue to haunt supply chain management as experts predict that the shipping bottlenecks and backlogs at big U.S. ports will continue well into 2022.

Shipping 52

Shipping Cost Reduction Strategies Modeling Supply Chain Planning Software 52

Intelligent Audit

APRIL 27, 2021

Demonstrating value by measurable performance relies on automated logistics, focused supply chain KPIs , and fine-tuned financial metrics. Late deliveries — customers want fast shipping that is reliable and affordable. Focus on the Metrics. Prioritize Better Inventory Replenishment. Customers drive the market.

Supply Chain Software 52

Supply Chain Software Negotiating Skills Supply Chain Planning Software Supply Chain Optimization 52

Elementum

SEPTEMBER 6, 2022

Accepted inefficient practices and conditions often include: Manual data entry errors Raw material wastage High instances of substandard products Bottlenecks in logistics and production Recurring variances or exceptions Inventory overstocks Businesses must be proactive in resolving these difficulties.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 78

Unleashed

AUGUST 23, 2023

Warehouse logistics refers to the management of all the processes involved in controlling inventory in your warehouses and storage units. This means creating efficient systems and workflows, including the handling, storage, and shipping of goods into the warehouse and out to the customer. This process is called inventory management.

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Greener Shopping and Shipping: The Rise of Carbon Neutral e-Commerce Delivery. MORE FROM THIS EDITION.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

Taulia

OCTOBER 20, 2021

In today’s challenging market, companies face multiple challenges, from shortages of crucial components to port congestion, high shipping costs, logistics delays and uneven customer demand. While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency. Inventory management.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Unleashed

AUGUST 16, 2023

A backorder presents an opportunity for businesses to continue to make sales on products that are temporarily out of stock. If you’re new to order fulfilment and inventory management , you’ll need a firm understanding of the backorder process. What does backorder mean? How long do backorders take?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Supply Chain Shaman

AUGUST 7, 2019

Most companies cannot get to data by customer on orders shipped incomplete to understand root cause analysis. In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. inventory turns.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

RFgen

MARCH 10, 2023

Order picking is a critical process in warehouse management that involves selecting items from inventory and assembling them into customer orders. Analyzing Current Order Picking Process If your warehouse picks inventory for orders, then you are probably familiar with your order picking process.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

3PL Insights

OCTOBER 24, 2017

The information received can be checked for accuracy with the company’s inventory software. This allows for inventory to be viewed in “real time.”. Real time inventory : Lost inventory can become extremely expensive. For every crate, the journey from shelf to shipping is adjusted and configured through an algorithm.

Warehousing 112

Warehousing Inventory Reduction Predictive Analytics Software Supply Chain Software 112

Kinaxis

OCTOBER 17, 2014

Session Title: “End to End Visibility and Supply Planning — Schneider Electric” In Alain’s main stage presentation hear how end-to-end supply chain visibility is key for becoming demand-driven and building value in supply networks. Benji Green, director of global sales, operations and inventory planning, Avaya. Learn more.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain San Diego 191

ShipBob

DECEMBER 23, 2021

Online shoppers expect a fast, effortless, and inexpensive experience with your brand, which requires a fulfillment center that picks , packs, and ships accurate orders at lightning speeds. Experience in analyzing metrics and data-driven decision-making. Forecasting demand to facilitate inventory management.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Optimization Software Logistics Network Optimization Software 52

ThroughPut

NOVEMBER 12, 2020

McKinsey suggests that warehouse operations can be critical in presenting an untapped improvement opportunity in the supply chain. Advance shipping notification. However, this can be avoided by using electronic advanced shipping notifications within the purchase order and inventory management functions.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

Kinaxis

JULY 13, 2018

In a very provocative presentation, Tricia Wang , a tech ethnographer made a compelling case on why organizations shouldn’t hang their hat on big data alone when it comes to decision making. There was some concern that the role of supply chain gets elevated only when a crisis hits and product cannot ship. So true indeed!

SCM 100

SCM Big Data Predictive Analytics Software Supply Chain Network Software 100

Supply Chain Shaman

JULY 8, 2013

The presentations were all hard-hitting. In the Supply Chain Metrics that Matter table, we can clearly see that “operating margin” and “inventory turns” matter to public financial performance. Note the trends in operating margins and inventory turns. The Kimberly-Clark team is bullish.

Supply and Demand 210

Supply and Demand Demand Planning Software Modeling Supply Chain Planning Software 210

BlueYonder

SEPTEMBER 12, 2022

Breaking a promise to consumers has never been more dangerous, as expectations across numerous metrics become more severe and decisive. Is that item available and ready to ship? These solutions are able to feed into inventory data to reveal whether items are available. A New Competition Metric.

Procurement Analytics 52

Procurement Analytics Real-time Visibility Modeling Just-in-Time 52

Supply Chain Game Changer

OCTOBER 8, 2019

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. Why is this relevant?

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

USC Consulting Group

APRIL 9, 2021

As organizations start investing more in their business’s functional components, such as inventory production, warehousing, logistics, and order management processing, communication silos and departmental disconnects begin to appear, blurring certain efficiency lines across the company as a whole. Data Mining in Supply Chain Operations.

Supply Chain Planning Software 52

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

Talking Logistics

DECEMBER 21, 2018

With Tariffs In Flux, Digital Inventory Technology Might Be The Solution To Holiday Bloated Inventory Levels. Truck Capacity Shortage: The Past, Present and Future. 5 Things to Know Before Negotiating Ocean Shipping Contracts This Year. Secrets of Shipping Leaders: How They Get Better Truckload Service and Pricing.

Video 101

Video Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 101

Supply Chain Shaman

JULY 29, 2013

Last week in the middle of a presentation, a supply chain leader made the statement, “We have solved the issues in supply through better optimization and use of data. Based on our recent research, we find that only 1% of process-based companies are making progress on both operating margins and inventory. I understand.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 285

GlobalTranz

JUNE 18, 2015

This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals. Companies that integrate reverse logistics systems into their logistics systems distinguish themselves from competitors in: effective management of inventory availability and cost. reverse logistic cycle time control.

Reverse Logistics 120

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

EMERGE App

SEPTEMBER 24, 2018

It commonly describes the additional stock that you keep in your inventory to reduce the risk of stockouts. In addition to smoothing out unexpected swings in demand and supply, buffer stock also influences the optimal inventory level, stocking of time-sensitive goods and plays a part in new product launches. Optimal Inventory Level.

Distribution 76

Distribution Procurement Analytics Inventory Reduction Supply and Demand 76

GlobalTranz

AUGUST 4, 2015

In order to optimize manufacturing operations, or really just about anything, you need to have at your fingertips the best and most accurate manufacturing metrics around. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

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. That’s why you need to closely measure metrics such as gross margin return on investment (GMROI).

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Unleashed

JANUARY 10, 2023

That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. Continue to optimise until your entire production ship is firing on all cylinders. Either way, the first thing you should do is establish metrics and KPIs.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Supply Chain Shaman

AUGUST 14, 2016

The focus is on channel data: price; inventory positions; and policies. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. An example of social listening is the Lenovo Case Study presented at the 2015 Supply Chain Insights Global Summit. Market Drivers.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Unleashed

MAY 22, 2022

Go back to their inventory and stock build and factor in this sort of possibility – alongside all the other supply challenges they’re facing these days. Expanding in the EU with multiple locations The EU market presents its own challenges as you expand – among which is establishing a reliable supply chain. Three Spirits’ solution?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Forecasting Software 98

GlobalTranz

DECEMBER 29, 2014

The manufacturing firm would then have to organise shipping of the defective product, testing the product, dismantling, repairing, recycling or disposing the product. The Ultimate Guide for Effective LTL Freight Management : we put on a 60 minute webinar entitled, “Best Practices for Effective LTL Freight Management and Shipping.”

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243