Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Reward teams for cross-functional metrics. Focus functional metrics to improving reliability. What did we find?

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

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. bn through 2026.

Inventory Management Software 52

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

crisp

AUGUST 4, 2022

As Stacy points out, sales and merchandising leaders in CPG have had access to sales and inventory data from their retailer partners for a long time – but until now, that valuable data hadn’t made its way into the marketing world. All of this has led John and team to pursue new approaches: “The time is now.

Supply Chain Planning 52

Supply Chain Planning Supply Chain Optimization Data Supply Chain 52

Unleashed

JANUARY 29, 2024

Stock-keeping-unit (SKU) rationalisation is an inventory management method for improving the performance and profitability of your business. As a business strategy, SKU rationalisation helps you to reduce business costs, improve inventory management, increase operational efficiency, and enhance your brand image.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. The following video provides a quick lesson about how barcodes work. ” • Inventory control : “Barcodes improve inventory management and reduce excessive spending on products.

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

QAD

AUGUST 29, 2023

Collaboration with these partners can provide organizations with the information they need to make better decisions about inventory, production and distribution. This information can help organizations adjust their inventory levels and production schedules to meet customer needs and reduce stockouts. appeared first on QAD Blog.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Forecasting Software Forecasting 95

RFgen

JUNE 11, 2017

And based on a recent study, when shoppers are cruising the online “aisles,” they’re more willing to spend extra when a product video is used, according to researchers, making quality control more important than ever for retail warehouse managers. Shoppers Spend More When Product Videos Are Used.

Video 52

Video Retail Miami Inventory Management Software 52

RFgen

JUNE 11, 2017

And based on a recent study, when shoppers are cruising the online “aisles,” they’re more willing to spend extra when a product video is used, according to researchers, making quality control more important than ever for retail warehouse managers. Shoppers Spend More When Product Videos Are Used.

Video 52

Video Retail Miami Inventory Management Software 52

TradeGecko

OCTOBER 17, 2017

TradeGecko has produced a series of inventory management videos, brought to you by our very own Geckos, to delve into the basics of inventory management. To learn all about Economic Order Quanitity (EOQ) and find out more about which metrics to track when it comes to inventory management, keep watching.

Inventory Management 75

Inventory Management Metrics Video Inventory 75

Logistics Bureau

AUGUST 23, 2022

Related articles on this topic have appeared throughout our website, check them out: 3 Practical Metrics for Supplier Performance Evaluation. A Concise Guide to Inventory KPIs for Your Business. KPIs for Your Warehouse: How to Choose and Use Them. KPI Key Performance Indicators in Supply Chain & Logistics.

KPI 79

KPI Metrics Supply Chain Warehousing 79

ToolsGroup

MAY 4, 2020

Along with its AI-driven demand forecasting and inventory planning software, ToolsGroup has introduced new customer support offerings for COVID-19 planning as well as educational resources including the ebook “ COVID-19 Risk: Enable Swift and Efficient Response to Supply Chain Disruptions.” About ToolsGroup.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Supply Chain Disruption Supply Chain Software 120

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logistics Viewpoints

NOVEMBER 30, 2020

Finally, inventory accuracy can never be as high in a store as in a warehouse. According to Mr. Valdez, there were four critical improvement initiatives spanning inventory management, transportation, automation, and operational excellence. Inventory needs to be available for all channels when consumers want it.

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

QAD

JANUARY 6, 2022

In its 2021 survey, Deloitte once again affirmed the fact that more digitally mature businesses outperform industry averages on a variety of financial metrics. Watch Bickford’s customer success video to learn more. The authors refer to the bounty of benefits that accrue from digital maturity. And we couldn’t agree more.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 93

Supply Chain Shaman

JULY 3, 2015

Inventory Turns (15%) (based on 2014 results). Supply chain leaders manage a complex system of non-linear, but very inter-connected metrics. Leaders need to balance a portfolio of metrics. Year-over-year Improvement at the Intersections of the Metrics. A Three-year Weighted Return on Assets (ROA) Number (25%).

Gartner 150

Gartner Supply Chain Software Demand Planning Software Modeling Software 150

Unleashed

FEBRUARY 4, 2024

For retailers, inventory is more than just a list of products: It’s also the mainstay of your retail operations, the source of your revenue, and the foundation of customer satisfaction. Retail inventory management is therefore the key to managing inventory costs and movements effectively. What is retail inventory management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 52

Unleashed

NOVEMBER 2, 2023

It is the process of determining future demand for products, how those products will be manufactured to meet that demand, and the manufacturing metrics that will measure success. A production schedule helps significantly in reducing manufacturing costs and improving the efficiency of your manufacturing inventory management.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Logility

OCTOBER 7, 2021

It also reduces carbon dioxide emissions by about 100,000 metric tons.”. Watch this short video to see how machine learning can help optimize inventory for competitive advantage. This dynamic routing program helps UPS “save about 100 million miles per year. That’s a reduction of 10 million gallons of fuel consumed.

Supply Chain Design Software 130

Supply Chain Design Software Optimal Sourcing Pharmaceutical Supply Chain Optimization 130

Logistics Bureau

APRIL 19, 2021

What would be the key number, or metric that you would need to know? If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry.

Benchmarking 98

Benchmarking Supply Chain Performance Supply Chain Exercises 98

Unleashed

OCTOBER 31, 2023

The three key areas where you can implement WFO in your manufacturing activities are: Production Inventory Scheduling Let’s look at a few ways you can optimise these processes. You can optimise your workforce by applying inventory optimisation techniques to workforce management.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Supply Chain Shaman

NOVEMBER 9, 2014

They had seen my videos on the website and needed a speaker for their global kick-off meeting. I also believed that this company would have the best inventory and customer service. It is one of the primary reasons why nine out of ten manufacturing companies are stuck at the intersection of operati ng margins and inventory turns.”

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Supply Chain Game Changer

AUGUST 30, 2021

Inventory Management Beyond the Mystery (Ebook). Various supply chain topics, such as financial metric analysis and strategy-driven scorecards, are covered using real real-life examples and case studies serve to illustrate how strategies affect the supply chain and financial performance. Subscribe Here! Email Address.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

Logistics Bureau

SEPTEMBER 4, 2023

Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins. Even if you diligently apply ABC classification to your inventory, that merely gives you an idea of each SKU’s value and throughput volume.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

SCMDOJO

APRIL 11, 2023

The course consists of discussions, videos, quizzes, and questions for consideration, and provides awareness of career path opportunities. In the last section, the course introduces performance metric design and organizational design within the supply chain organization, focusing mainly on the centralize/decentralize decision.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

Unleashed

MARCH 21, 2021

It helps keep material costs down, avoid delays or inconsistencies when it comes to inventory stock quality, prevents stock-outs or overstocking, and deals with other supply chain issues. It’s a good idea to specify the inventory in as much detail as possible. You should think about: What are your inventory needs, and why?

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. An effective retail inventory management system will help ensure accurate tracking of your returns data.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

RFgen

FEBRUARY 17, 2023

There are seven identified wasteful manufacturing practices, more commonly known as the seven wastes : Overproduction Waiting Transportation Inappropriate Processing Excessive Inventory Unnecessary Motion Defects Understanding how your processes will work to alleviate the seven wastes is critical when deciding what philosophy to use.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 52

Logility

MAY 22, 2020

The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of the business that is foggy because KPIs and metrics do not correlate across the organization. A great example of this comes from a Logility customer.

Analytics Software 148

Analytics Software Metrics Supply Chain Design Software Supply Chain Software 148

Supply Chain Game Changer

NOVEMBER 22, 2018

I don’t really play any other video games but Farmville caught my attention. But I also found that the ability to grow your Farm by adding capabilities and features, by controlling the way in which you buy and sell things, and managing your inventory levels of all of the materials was both fun and interesting. Cash Management.

Supply Chain Planning Software 46

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Optimization 46

Unleashed

OCTOBER 20, 2021

A good inventory management system can play a vital part in the smooth running of a business – and getting it set up properly can make all the difference. Learn more: What is Inventory Management? Techniques for 2021 What hardware requirements are there for an inventory management system?

Inventory Management Software 96

Inventory Management Software Inventory Management Forecasting Software Inventory Reduction 96

Unleashed

SEPTEMBER 7, 2021

Read more: Try the eCommerce inventory management software that unleashes your growth What is B2B eCommerce? One of the world’s most successful eCommerce businesses is Shopify, which provides its customers – across both B2B and B2C channels – with an eCommerce platform supporting trade, engagement, metrics, shipping and tracking services.

Inventory Management Software 97

Inventory Management Software Price Reduction Inventory Reduction Modeling Software 97

Kinaxis

SEPTEMBER 16, 2015

That could mean excess inventory sitting in a warehouse, gathering dust or depreciating. Their functionality, and charting, has made my life easier many times in managing certification programs, and producing critical metrics data. The first video they played, Video Killed the Radio Star by the Buggles, began a revolution.

Supply Chain Design Software 100

Supply Chain Design Software Forecasting Software Supply Chain Software Demand Planning Software 100

synchrono

JUNE 4, 2018

In the video, How Orbital ATK Enabled the IIoT and a Visual Factory , Orbital ATK’s systems architect shows a graphic of all the different systems from which their Synchrono implementation pulls data. The entire video is well worth watching, but if you just want to take a quick peek at their chart, it’s at about 5:15 in the recording.

Supply Chain Planning Software 80

Supply Chain Planning Software Demand Planning Software Inventory Management Software Modeling Software 80

Talking Logistics

MARCH 28, 2017

Utilize automated technologies to locate and track inventory. Drones, for example, can move the tracking process into the air and execute automatic inventory checks (increasing inventory accuracy) and identify inventory in hard to reach locations using GPS, RFID, video, OCR, and/or barcode readers.

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Demand Planning Software Procurement Solutions 0

Supply Chain Game Changer

AUGUST 16, 2022

In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. On top of the annual inventory count there were ongoing manual cycle counts throughout the entire year. An Inventory Control History.

Inventory Reduction 124

Inventory Reduction Inventory Waste Reduction Resource Reduction 124

Accelogix

AUGUST 12, 2020

Over the last few years, Google has demoed ad-supported conversational AI and self-driving cars while Magic Leap released videos showing augmented reality wildlife floating in an office as if these products were in final pre-release development. But something about these demonstrations always nagged at me.

Supply Chain Software 124

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 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 77

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 77