Checklist for working capital management

Supply Chain Movement

Working capital management revolves around inventory, debtors and creditors. Norway. Visuals cash checklist earn x turn finance inventory inventory days raw material risk Slimstock suppliers working capital10 questions to assess working capital management. Some companies generate cash so quickly that they can even achieve negative working capital. Supply Chain Media and software vendor Slimstock have developed this checklist for working capital management. >>Please

Technology Team of the Year Award for RELEX and Customer Europris

RELEX Solutions

The team that implemented RELEX’s retail planning solution for Norway’s largest discount variety retailer was honoured at a ceremony on Thursday evening. The project, which brought RELEX planning power to more than 230 Europris stores across Norway was completed in March this year and cut inventory by almost a fifth, more than halved out-of-stock days and pushed availability to over 97% (an increase of 5ppt). “It

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Europris and RELEX Win Renowned Reta Europe Award

RELEX Solutions

” The project has brought RELEX planning power to more than 230 Europris stores, resulting in a strong reduction in store inventories for like-for-like products and shelf availability rising significantly. Europris is Norway’s largest discount variety retailer by sales and is listed on Oslo Stock Exchange. Europris delivers a unique value proposition for shoppers by offering a broad assortment of quality merchandise at low prices in destination stores across Norway.

Swedish Cosmetics Retailer KICKS Reviews IT Portfolio and Chooses RELEX for Supply Chain Management

RELEX Solutions

Aims to boost availability, cut inventory, and improve strategic planning with RELEX Solutions. RELEX will provide a solution tailored to the needs of the retailer’s online channel and 250 stores across Sweden, Norway, and Finland. KICKS’ main goals for the project are to boost sales by ensuring higher in-store availability while cutting inventory to free up capital for reinvestment in business development. Read PDF.

RELEX and Customer Europris Win Second Award

RELEX Solutions

RELEX and Europris have been recognised, yet again, for a project that transformed the supply chain at Norway’s largest discount variety retailer. The project, which brought RELEX planning power to more than 230 Europris stores across Norway was completed in March this year and cut inventory by almost a fifth, more than halved out-of-stock days and pushed availability to over 97% (an increase of 5ppt).

Blue Ridge Executives Discuss The Future of Supply Chain at Nordics Supply Chain Conference

Blue Ridge

and Oslo, Norway -- July 6, 2016. Blue Ridge , a global leader in cloud demand forecasting , planning, replenishment, allocation and analytics, sponsored the 8th annual Nordics Supply Chain Conference at Losby Gods Manor in Oslo, Norway attracting a record number of attendees. We enable our customers to increase revenue at lower costs by delivering an unprecedented level of precision and accuracy to forecast, plan and purchase inventory.

Case Europris

RELEX Solutions

Europris is Norway’s largest discount variety retailer. Firstly, it appeared that some stores were carrying significantly more inventory than others. The SC team felt it would be possible to reduce inventory by 10-20% overall. Secondly there seemed to be no obvious relationship between inventory and availability. Norway’s largest discount variety retailer. cut in DC Inventory in 18 weeks. %. 17%+ cut in DC Inventory in 18 weeks.

How Big Data is Changing Supply Chains

NC State SCRC

For example, Microsoft partnered with Powel, a water systems provider in Norway, to define an IoT system that detected water wastage. By providing customers with access to data – think real-time tracking – companies and customers alike can quickly see what is in transit, helping with inventory management efforts. Today’s blog is written by guest blogger, Lisa C.

Toy Retailer TOP-TOY Picks RELEX to Boost Availability and Automation

RELEX Solutions

TOP-TOY, the leading retailer for toys and other children’s products in the Nordic region, is improving its supply chain visibility to keep closer tabs on its inventory while driving up availability. The Copenhagen-based toy retailer operates 295 stores under the BR and Toys”R”Us brands in Denmark, Sweden, Finland, Norway, Iceland and Germany. The forecasts are used in the replenishment process and will support the purchasing team when ordering and managing inventory at the DC.

Case Kolonial.no: Winning at Fresh Food Etail

RELEX Solutions

is the largest online fresh food retailer in Norway and the fastest growing company in the sector in the Nordic region. It also needed to offer batch level inventory management, outstanding visibility of incoming goods flow, and take space constraints into account in replenishment. Largest online fresh food retailer in Norway and the fastest growing company in the sector in the Nordic region. Increase in inventory turnover. Meanwhile inventory turnover is up by 25%.

Updated IT Subway Map: Major acquisitions in SC software

Supply Chain Movement

Norway. Such a system enables those companies to fulfil orders flexibly by dispatching the goods from various inventory points (e.g. The supply chain software industry is in a considerable state of flux. Three large, international take-overs are changing the face of the market. as the advance of e-commerce continues, companies with an omnichannel approach are increasingly implementing specific order management systems.

Supply Chain Alone Can’t Solve Sustainability But it Has a Part to Play!

Supply Chain Game Changer

It saw leaders from around the world pledging new initiatives to address the ongoing climate crisis, including a $60 Billion renewable energy commitment from Germany, and 15 countries including Britain, Norway and Costa Rica pledging to achieve net-zero emissions by 2050. They can use supply and inventory planning to lower the distance products travel – and thus emissions – in the food system. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

RELEX Solutions shortlisted for 5 awards as its success as a retail innovator continues

RELEX Solutions

Entered jointly with its customer Europris, Norway’s largest discount variety retailer, this award recognizes how Europris has transformed its supply chain using RELEX. Inventory has been cut by more than 17% and availability has risen, with significant savings made in both time and capital. With several awards ceremonies lined up, RELEX has an exciting few months ahead!

Mindmap for the Fashion & Luxury Goods Market

Supply Chain Movement

Adequate demand planning and accurate inventory investments are key to successful supply chain management in this fast-moving industry. Norway. Companies must invest in and balance their inventories more wisely to ensure optimal on-shelf availability in all commercial outlets.

Complex costs of transportation

Supply Chain Movement

To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation. A TMS with inventory allocation enables shippers to monitor shipments down to the package level. Norway. 10 questions about Freight Spend Management. There are numerous ways a shipper can reduce freight spend. They can renegotiate contracts, find other carriers, and do a better job of maximizing their truck utilization.

Builders’ Merchants Group E.A. Smith Improves Its Store Forecasting and Replenishment with RELEX Solutions

RELEX Solutions

Smith, which operates construction supplies stores under both its own name and the Bygger’n brand in Norway, is partnering with RELEX Solutions to optimize its supply chain. The new system will support 45 Bygger’n stores as well as 12 Smith Stål outlets across Norway. By more efficient planning, the group hopes to raise availability, cut inventory and help its employees to work more efficiently. Read PDF.

KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Inventory stock turns in Days. Inventory management. Inventory levels. Supply Chain KPIs are Essential – The Right Ones! The information on this page WILL help you get it right. Many people get really confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Which ones to use?… … How many to use? Sadly it’s not such an easy question to answer. Of course they need to be SMART.

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Mindmap for Global Logistics Integration

Supply Chain Movement

Norway. Finally, the system should enable intelligent inventory location management to ensure optimal on-shelf availability for the end customers. The world is becoming smaller and larger at the same time through globalization and the internet. Goods have to be transported across the globe and across the neighbourhood. To manage this logistics complexity while adhering to customer service standards and incurring reasonable costs, companies need Global Logistics Integration.

10 questions about the benefits of S&OP for your organisation

Supply Chain Movement

For one company the added value will lie in avoiding running below capacity and in reducing inventory while for another it will be the controlled scaling up of new products and services, but it always revolves around being able to anticipate and adapt the chain to developments in a timely and integral manner in order to achieve the strategic objectives. Norway. Management at the helm.

3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

Norway. The 2015 Annual Third Party Logistics Study also reveals that both sides regard themselves as being successful, and shippers are seeing positive results again this year: an average logistics cost reduction of 9%, an average inventory cost reduction of 5% and an average fixed logistics cost reduction of 15%. After years of declining revenues in European logistics services, the business started to stabilise in 2013/2014.

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How are Christmas Trees Shipped?

Freight Center

Fun fact: The Christmas tree variety selected for the Rockefeller Center Christmas Tree in New York City is a Norway Spruce from the village of Florida in Orange County, New York. Stay responsible in the shipping and cleanup of your Christmas tree inventory during and after the holidays! Christmas cannot be properly celebrated without the iconic decorated evergreen tree.

Arvid Nilsson Puts its Customers at the Heart of its Supply Chain Planning

RELEX Solutions

Using RELEX the company aims to cut its stock levels while improving its inventory turnover and streamlining both its purchasing and replenishment operations. Their products are for sale in a large number of retailers in Sweden, Norway and Denmark. Read PDF. Nordic hardware wholesaler has selected RELEX Solutions to streamline its business and improve its supply chain planning processes.

Top 10 Supply Chain Innovations of 2017

Material Handling & Logistics

Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. Fertilizer company Yara International has teamed up Kongsberg to build the Yara Birkeland, which will haul fertilizers between three ports in southern Norway, saving 40,000 truck journeys per year. Our salute to the best advancements in supply chain technology, processes and labor management from 2017.

Case Musti Group: Thriving in a Complex, Multinational, Supply Chain Environment

RELEX Solutions

Musti Group Nordic is the leading pet supplies and accessories retailer in the Nordics, with 121 Musti & Mirri stores in Finland, 127 Arken Zoo and Djurmagazinet pet stores in Sweden, and also 18 Musti stores in Norway. It wanted to integrate store and DC ordering and be able to deal with each category individually so inventory and availability levels could be adjusted according to category-specific criteria such as margins or the importance of keeping certain brands in the assortment.

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Construction Sector Giant Saint-Gobain Partners With RELEX in Nordic and Baltic Regions

RELEX Solutions

Saint-Gobain , the Paris Headquartered, construction sector manufacturer and retailer, is to use RELEX’s forecasting and replenishment technology to boost availability, cut inventory and integrate its supply chain across its DCs and stores throughout its Nordic and Baltic operations. The company operates in Norway, Denmark, Sweden, Finland and Poland under the brands Brödrene Dahl, Dahl, Optimera and Tadmar with 400 stores supplied from six central warehouses. Read PDF.

RELEX’s Rapid Expansion Continues to France, Italy and Spain

RELEX Solutions

RELEX’s French office opens in May in the northern industrial hub of Lille and brings the number of countries with a RELEX office to nine along with the US, UK, Germany, Sweden, Norway and Denmark and its Helsinki, Finland headquarters. Under the command of David Ritel , Country Manager, France, RELEX opens up Europe’s third largest economy as a market for its demand forecasting and inventory optimization solutions. Read PDF.

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Circle K Europe Trusts RELEX as Their ‘Powerful, Lean Replenishment Machine’

RELEX Solutions

Circle K , the European branch of one of the world’s leading convenience retailers, has chosen RELEX Solutions to optimize inventory levels and increase automation at the store level. During the pilot, we saw on-shelf-availability increasing up to 99 %, while inventory levels fell significantly across the pilot categories. Circle K now have a better overview and real-time visibility to store inventory levels and KPI’s. Read PDF.

Løvenskiold Handel Chooses RELEX to Boost Profits And Cut Costs

RELEX Solutions

Løvenskiold Handel operates one of Norway’s leading building and DIY retailers and offers customers a wide range of construction supplies through its nationwide Maxbo-branded stores. The company has a solid market position in Norway with approximately 70 directly-owned and managed shops and franchises, as well as professional centers. Since then, MAXBO has grown to become one of the leading players in the building supplies sector and one of Norway’s best-known brands.