ToolsGroup

JUNE 2, 2023

Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. And that’s where real-time perpetual inventory signals come in. Plus, accurate inventory information is the key to optimal decision-making.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Intelligent Audit

NOVEMBER 3, 2022

On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible. This is why transportation network optimization is important. What Is Transportation Network Optimization?

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

ToolsGroup

SEPTEMBER 13, 2023

The key lies in high performance inventory. Forward-looking supply chain professionals understand that inventory is not an end in itself; it’s a means – to enhanced customer service, increased profitability, and greater efficiency. What is High Performance Inventory?

Inventory Reduction 156

Inventory Reduction Resource Reduction Waste Reduction Supply Chain Planning Software 156

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

DELMIA Quintiq

SEPTEMBER 16, 2021

Meeting these objectives, on top of addressing existing industry challenges, requires steel manufacturing companies to become more efficient and flexible in their operations—and this means optimizing their master production schedules. 1] Inventory Management 101 – The Master Production Schedule Explained, OptiProERP Manufacturing, May 2017.

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Network Optimization Optimization Software 287

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps.

Sourcing Strategies 227

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 227

ToolsGroup

APRIL 4, 2023

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. These companies understand that one bad experience could jeopardize future sales.

Inventory Reduction 156

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 156

GlobalTranz

JULY 1, 2021

Creating a data-driven supply chain tracking important transportation metrics helps shippers respond and adapt as quickly as possible to known and unknown events. Why Monitor Transportation Metrics. Transportation metrics provide visibility that helps drive operative and competitive advantages.

Metrics 315

Metrics Transportation Vendor Strategies Logistics Network Optimization Software 315

GlobalTranz

AUGUST 11, 2021

The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Shippers should consider the following as indicators for when to add an outsourced managed logistics transportation services provider. This can be a confounding issue.

Logistics Network Optimization Software 294

Logistics Network Optimization Software Transportation Supply Chain Software Supply Chain Planning Software 294

Supply Chain Shaman

DECEMBER 7, 2023

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. No technology in the market measures inventory health. Build a network of networks.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

The Logistics of Logistics

JUNE 17, 2022

Jeff Flowers and Joe Lynch discuss why inventory is everything. Jeff Flowers is the Chief Operating Officer of OneRail , a final mile delivery orchestration platform providing real-time visibility, actionable data, and data-driven optimization capabilities for its enterprise clients. Key Takeaways: Inventory is Everything.

Inventory Reduction 173

Inventory Reduction Optimal Sourcing Inventory Logistics Network Optimization Software 173

ToolsGroup

NOVEMBER 14, 2017

The problem with strategic network design is when it accounts for service time but not service level. It optimizes the network, but it doesn’t optimize inventory across the network – a shortcut that can lead to a different network once the inventory is optimized. Here’s why.

Network Design Software 180

Network Design Software Network Design Supply Chain Design Software Network Optimization 180

GlobalTranz

JULY 20, 2018

One such area that offers the greatest opportunity is shipping network optimization. The question is, how can a company optimize its shipping network? Optimal shipping networks are not “one size fits all.” In order to be fully optimized, you need to overlap the two networks to find the right fit.

Cost Reduction Strategies 120

Cost Reduction Strategies Price Reduction Inventory Reduction Network Optimization 120

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Logility

JANUARY 31, 2023

Measuring the Value of Optimized Inventory in Service Parts The spare parts market is big business, with the global automotive spare parts market valued at US $160.69 It is a complicated, availability-driven industry, but the prize for getting inventory distribution right is significant. . billion by 2030.

Modeling 130

Modeling Supply Chain Optimization Supply Chain Planning Software Inventory Reduction 130

Logistics Bureau

OCTOBER 10, 2022

Too much inventory in your distribution network? Inventory costs too high? These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. But what exactly does inventory optimisation mean, and what obstacles must first be broken down to achieve it?

Modeling 95

Modeling Inventory Reduction Network Optimization Supply Chain Optimization 95

Logistics Viewpoints

JANUARY 18, 2024

This ensures the secure, high-capacity, and bi-directional transfer of essential information such as master data on products, customers, production-distribution infrastructure, transactional data on sales, inventory status and position, transportation execution data, external data e.g. competitor pricing, weather, recommendations, action triggers.

Supply Chain Software 247

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 247

Logistics Bureau

OCTOBER 9, 2023

If you’ve followed our blog over the years, you’ll know that we’ve shared lots of information about distribution network design, why it’s vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.

Network Design Software 75

Network Design Software Network Design Supply Chain Design Software Supply Chain Network Software 75

DELMIA Quintiq

MAY 5, 2020

To avoid throttling or temporarily shutting down production plants in the event of a massive disruption, manufacturers need to strengthen relationships within their global sub-tier supplier networks. It is important to share forecasts, production schedules, inventory, transportation plans and other vital information.

Network Optimization 266

Network Optimization Supply Chain Network Software Scenario Planning Manufacturing 266

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

ThroughPut

MARCH 6, 2024

The transportation and logistics industry has witnessed a profound transformation over the past few years, driven by a mix of industry disruptions and emerging innovative technologies. Robots have helped efficiently sort, pick, and pack inventory, considerably speeding up order fulfillment.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies 52

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. INVENTORY STRATEGY.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Logistics Viewpoints

APRIL 24, 2024

This is my first time attending Körber Elevate, and it did not disappoint, with over 800 attendees, 60 thought provoking sessions, and lots of networking and learning opportunities. Available to sell is the on-hand inventory minus any promised inventory. Available to promise is a reserve against incoming inventory.

Course 225

Course Supply Chain Planning Software Predictive Analytics Software Optimization Software 225

The Logistics of Logistics

MARCH 16, 2022

The Omni-Channel Fulfillment Network with Esther Kestenbaum Prozan. Esther Kestenbaum Prozan and Joe Lynch discuss the omni-channel fulfillment network. Key Takeaways: The Omni-Channel Fulfillment Network. Joe and Esther discussed the omni-channel fulfillment network ….and About Esther Kestenbaum Prozan.

Supply Chain Network Software 188

Supply Chain Network Software Supply Chain Planning Software Network Optimization Network Optimization Software 188

ToolsGroup

JANUARY 7, 2020

I think it’s time we started spreading the good news: when you harness demand and inventory planning to slash unnecessary expenses and improve service to customers, you also reduce waste and support sustainability. Having the right inventory in the right location brings a variety of waste-reduction benefits.

Inventory Reduction 194

Inventory Reduction Supply Chain Planning Software Waste Reduction Vendor Strategies 194

The Logistics & Supply Chain Management Society

MAY 18, 2021

In a hyper-connected scenario of the future, entire networks can proactively sense and respond to potential supply chain disruptions. Strategic product segmentation, sourcing and inventory management. Optimize supply chain execution and minimize both delivery time and costs. The same should also be deployed downstream.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Logistics Viewpoints

MARCH 27, 2024

MODEX 2024, held in Atlanta, Georgia, from March 11 to 14, attracted more than 35,000 attendees and featured over 150 educational sessions, keynote speakers, and networking events. The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory.

Analytics Software 214

Analytics Software Predictive Analytics Software Optimization Software Supply Chain Network Software 214

Logistics Viewpoints

OCTOBER 30, 2023

Per $1 billion in company revenues, no supply chain application has a better return on investment (ROI) than network design! Executives must have the fortitude to make changes in the operating policies and the network infrastructure that may affect the lives of employees. The larger the supply chain, the bigger the payout.

Vendor Strategies 230

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 230

Ware2Go

APRIL 20, 2023

Learn how to calculate inventory days on hand and how it can help improve cash flow and the overall efficiency of your business. Written by Phyllis Jackson What Is Inventory Days on Hand? Inventory Days on Hand is a measurement of how many days it takes a business to sell through their stock of inventory.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Optimization Software 52

Stord

JANUARY 22, 2018

Whether you are a small business owner or a corporate logistics manager, it’s crucial to stay attuned to the most innovative ways to optimize your distribution network. The move to re-evaluate your distribution network may be driven by the need to reduce costs, or perhaps you are launching a new business strategy.

Network Optimization Software 78

Network Optimization Software Network Optimization Supply Chain Optimization Distribution 78

Logility

MAY 2, 2012

At the heart of this confusion is the network. Any time you want to optimize across an enterprise, whether it is inventory or product flows, you need to represent a logical representation of the supply chain. You have all seen supply chain network representations. Some were designed to optimize manufacturing operations.

Network Design Software 100

Network Design Software Network Design Network Optimization Supply Chain Design Software 100

DELMIA Quintiq

SEPTEMBER 28, 2023

This is where inventory meets the supply chain. How the food Industry can optimize its supply chain for festivals Many event planners and teams focused on the supply chain may also wonder about possible food or beverage shortages. How do you keep food plenty and mugs full?

Optimal Sourcing 333

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Optimization 333

Logility

MAY 2, 2012

At the heart of this confusion is the network. Any time you want to optimize across an enterprise, whether it is inventory or product flows, you need to represent a logical representation of the supply chain. You have all seen supply chain network representations. Some were designed to optimize manufacturing operations.

Network Design Software 100

Network Design Software Network Design Network Optimization Supply Chain Design Software 100

BlueYonder

APRIL 1, 2024

Now, the conversation has shifted to optimization. Retailers must enhance their inventory and fulfillment decisioning capabilities to thrive in this dynamic landscape. Efficiently allocating inventory across channels while minimizing costs is no small feat. Here are five reasons why: 1. Here’s how: a.

Inventory Reduction 57

Inventory Reduction Real-time Visibility Inventory Expense Reduction 57

Stord

MAY 3, 2018

May 4, 2018 The speed and reliability of your distribution network is essential to your company’s success. But for most companies, logistics and transportation are, at best, a supporting line of business and, at worst, a distraction. Every day, businesses use their supply chain network as the differentiator for success.

Network Optimization 78

Network Optimization Supply Chain Optimization Modeling Inventory Reduction 78

Logistics Viewpoints

OCTOBER 17, 2022

Robust supply plans can optimize across distribution, manufacturing, and logistics constraints and deliver an optimal plan that hits service objectives at the minimum cost. It is better to have an optimized plan than not, but money is left on the table. Robust control towers that holistically optimize execution are possible.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Optimization 271

Logility

JULY 5, 2023

This leads to optimized inventory levels, reduced stockouts, and enhanced customer satisfaction. Optimal Inventory Management Managing inventory efficiently is a perennial challenge for businesses, as excess stock ties up capital, while stockouts result in lost sales opportunities.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Modeling Scenario Planning 191