EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. With that in mind, here are a few trends for 2021 that could help your business outlast the pandemic: Supplier Diversification. Automation.

Inventory Management Software 96

Inventory Management Software Supply Chain Software Supply Chain Planning Software Inventory Reduction 96

Synovos

OCTOBER 30, 2023

In one case, a long-time packaging manufacturer changed its reporting structure, putting in place a new manager responsible for the MRO supply chain. It meant that things like lead time, long-term usage trends, criticality (even when the client didn’t have a list of critical spares), and other variables had to be considered.

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

QAD

NOVEMBER 23, 2021

For the packaging industry, digital manufacturing solutions must help manufacturers produce the right stuff at the right time as optimally as possible and then support the decisions of what to produce next. Challenges Facing Packagers. Way too much work in progress inventory. A Good Time to Be in Packaging.

Packaging 94

Packaging Manufacturing Industrial Industry 94

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

American Global Logistics

FEBRUARY 22, 2024

But within this storm, innovative trends are emerging, offering companies anchors of resilience and agility to navigate the choppy waters. That creates uncertainty about delivery times and inventory levels. Predicting long-term economic trends feels like gazing into a crystal ball. The world of logistics has become a whirlwind.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Inventory Reduction 52

BlueYonder

JULY 17, 2023

Have you seen the latest Digital Commerce 360’s Fulfillment Trends for Retailers report? The June Strategy Insights Report is your guide to the latest fulfillment trends. They are looking at sustainable packaging and fulfillment. What are retailers’ best practices around managing inventory across their store networks?

Trends 68

Trends Report Retail Vendor Strategies 68

Unleashed

FEBRUARY 15, 2021

So if you have a thirst for knowledge, here’s all you need to know about food industry trends for 2021. Consumer trends in food industry. Perhaps one of the most significant trends to arise out of Covid-19 is the desire of consumers to understand more about where their food comes from. Health food industry trends.

Food 93

Food Trends Industrial Industry 93

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

QAD

SEPTEMBER 24, 2020

When it comes to the packaging industry, the “digital technology” term often conjures up visions of 3D software, eye-catching labels or unique packaging design that makes engaging digital marketing tools for con sumers. Among packaging manufacturers, however, many organizations have yet to embrace a connected digital solution.

Supply Chain Planning Software 94

Supply Chain Planning Software Modeling Software Inventory Management Software Analytics Software 94

Unleashed

JUNE 13, 2023

When calculating inventory costs, not all stock is alike. Knowing the different types of inventory and how they impact your costs is key to accurate stock control and best-practice accounting. The 23 Types of Inventory: What is inventory? In accounting, inventory is generally the largest current asset a company carries.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Manufacturing Procurement 52

Unleashed

JUNE 13, 2023

When calculating inventory costs, not all stock is alike. Knowing the different types of inventory and how they impact your costs is key to accurate stock control and best-practice accounting. The 23 Types of Inventory: What is inventory? In accounting, inventory is generally the largest current asset a company carries.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Manufacturing Procurement 52

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy. What is warehouse inventory management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

QAD

APRIL 27, 2023

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. And this trend is not at all over. You want to balance your inventory levels. The post Procurement Trends and Priorities to Pursue in 2023 appeared first on QAD Blog.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 97

DELMIA Quintiq

SEPTEMBER 28, 2023

This is where inventory meets the supply chain. With DELMIA, Consumer Packaged goods – Retail (CPG-R) companies can improve their global and local supply chains’ visibility, synchronization, and flexibility. How do you keep food plenty and mugs full?

Optimal Sourcing 333

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Optimization 333

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. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Enterra Insights

MARCH 30, 2022

As many brands continue to grapple with supply chain challenges and grocery retailers strive to fill the sudden increase in online shopping orders through their brick-and-mortar stores, both must rethink their pre-pandemic notions of ideal store-level inventory levels, category management, and maximizing a store’s footprint and linear real estate.”[3]

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

Enterra Insights

AUGUST 6, 2020

One of the unexpected consequences of the pandemic is a new appreciation by consumers for shelf-stable foods and other consumer packaged goods (CPG) products. This trend resulted in consumers faced with empty shelves where toilet paper and hand sanitizer was once displayed. ”[2]. ” Analytics and the way ahead.

Packaging 100

Packaging Manufacturing Procurement Industrial Industry 100

ModusLink Corporation

JULY 15, 2022

A trend that has risen within the Supply Chain industry is related to a shift in Customer Demands. internal historical sales data, point-of-sale consumer data, socioeconomic data such as unemployment rates, and external data such as Google trends or competitor prices). According to Team D.F. Time saving/Efficiency.

Supply Chain Software 78

Supply Chain Software Trends Supply Chain Negotiate Pricing 78

DELMIA Quintiq

AUGUST 7, 2023

Agility and the ability to adapt to today’s complex industry trends become key to successful and competitive production and operations. Real-time synchronization of multiple sub-assembly and material kitting operations for accurate inventory replenishment.

Material Savings 156

Material Savings Agile and Lean Supply Chain Manufacturing Procurement Inventory Reduction 156

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

GlobalTranz

JANUARY 21, 2019

It is that time of year again when we at Cerasis take a global view of what trends to expect in supply chain management throughout the remainder of the year. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. Automation trends.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

DELMIA Quintiq

SEPTEMBER 14, 2023

Key challenges include balancing growth and market share over a five-year trajectory, coping with labor shortages, tackling ongoing supply chain disruptions, inefficient paper-based tracking, and struggling with poor inventory management and limited visibility.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

SupplyPike

JUNE 15, 2020

Learn about: The definition of consumer packaged goods The types of CPGs What the CPG marketplace looks like Top trends in the CPG industry. Consumer packaged goods (CPG) describe merchandise that has to be reloaded frequently, as opposed to items that can be replenished after longer durations. Trends in today’s CPG market.

Packaging 56

Packaging Manufacturing Procurement Purchasing Skills Consumer Goods 56

Talking Logistics

SEPTEMBER 4, 2018

What is Inventory Management? For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. For Logistics the focus is on high inventory turns. Inventory Management is about having a right balance of expectations from different functions of the supply chain.

Inventory Reduction 117

Inventory Reduction Inventory Management Software Logistics Network Optimization Software Inventory Management 117

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

IQMS

JANUARY 9, 2020

Bottom Line: 2020 manufacturing trends are driven by manufacturers’ strong confidence in their ability to deliver high-quality products that earn repeat orders while delivering excellent customer experiences. What we learned together creates the foundation of our top ten manufacturing trends for 2020.

Trends 91

Trends Manufacturing Predictive Analytics Software Supply Chain Design Software 91

QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. and bring inventory accuracy up to an impressive 99.9%. Inventory tracking is the most successful use case for RFID technology.

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

Unleashed

FEBRUARY 21, 2022

So what are the main trends in manufacturing you need to know for 2022? We shed some light on current trends – and what’s around the corner. Global manufacturing trends The Covid pandemic has raged across the world over the last two years, upending the manufacturing industry. The adoption of Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98

Unleashed

JULY 12, 2023

Inventory is often the largest current asset in a business. Before you develop an effective inventory management strategy you need to understand what inventory is, its various types, and how it works in a business. What is inventory? Inventory is the stock of goods and materials currently owned by a business.

Inventory Reduction 52

Inventory Reduction Examples Inventory Material Savings 52

ToolsGroup

JULY 27, 2021

On the surface, it seems like the consumer packaged goods (CPG) industry performed better than most during the COVID pandemic. Demand sensing is essentially the art and science of picking up on short-term trends immediately so you can better predict what consumers will want, when and where. Make Sure Your Inventory is Healthy.

Agile and Lean Supply Chain 290

Agile and Lean Supply Chain Supply and Demand Supply Chain Planning Software Gartner 290

Unleashed

NOVEMBER 1, 2021

We’ve read the market reports, trawled the internet and identified key areas of change, and here we break these down for you with 10 of the major trends we expect to see in this industry in 2022 and beyond. This is definitely a trend to watch for in the coming years. leading to an expected market size of US$1,251.09 billion by 2028.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Trends 98

ToolsGroup

FEBRUARY 18, 2022

By this stage in the pandemic, most of us have felt the effects of a globally disrupted supply chain and inventory shortages in some way or another. That includes the workers processing and packaging your beloved chicken nuggets. Image source: Google Trends, as of Feb. Poultry Prices Are Up in the Face of Low Inventory Levels.

Purchasing Skills 386

Purchasing Skills Price Reduction Supply Chain Planning Software Inventory Reduction 386

Unleashed

FEBRUARY 14, 2023

Let’s take a look at some of the manufacturing automation options available, their benefits, and current trends to consider. Robotic automation is a similar method, where robots are used for production line requirements such as packaging or painting. In this guide to automation in manufacturing: What is automation in manufacturing?

Supply Chain Software 52

Supply Chain Software Inventory Management Software Supply Chain Design Software Examples 52

Unleashed

OCTOBER 27, 2021

Here we give you our top 10 wholesale distribution trends for 2022 and beyond. Industry economic trends and an outlook for the future The global wholesale industry took a downturn in 2020 due to the COVID-19 pandemic and related trade and personnel restrictions – but it’s expected to grow from now to 2025.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

GlobalTranz

AUGUST 18, 2016

As a result, you need to understand what distribution technology trends, as explained by Advantage Business Media and Lindsay Konzak of Modern Distribution Management , are being seen in today's distribution network and how they will impact future operations. Robotics Are Aiding an Aging Workforce. The workforce is aging.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Optimization Software Analytics Software 120