EazyStock

JUNE 24, 2020

Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. Inventory optimization software is an important piece of the puzzle. It is critical to helping inventory management teams understand and manage demand and supply variables.

Inventory Management Software 98

Inventory Management Software Inventory Management Procurement Solutions Forecasting Software 98

Unleashed

MARCH 8, 2023

Choosing the best inventory management software isn’t easy. This guide is designed to inform you which features are most important, the best time to invest in inventory software, and the costs you can expect to pay. Key considerations Manual management of inventory is time-consuming and prone to error.

Inventory Management Software 52

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

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. What is inventory tracking? It helps to reduce inventory shrinkage and loss.

Inventory Management Software 52

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

Logistics Viewpoints

JANUARY 11, 2023

In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. Top Five Transportation Trends ; Chris Cunnane. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint.

Logistics Network Optimization Software 217

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 217

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Forced to implement protective measures through the pandemic, some companies increased overhead by stock piling inventory which negatively affects both cash flow and profits. Manufacturers can use forecasting to support inventory optimization. Managing Inventory. labor, materials and warehousing, to IT, freight and safety.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Enterra Insights

DECEMBER 26, 2022

The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then. The staff at SupplyChainBrain explains, “Overstocked retailers are cutting back on lenient pandemic-era return policies heading into the holiday season.”[2]. of all merchandise purchased in the U.S. ”[2].

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 130

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Modeling 98

Modeling Optimization Software Inventory Reduction Optimization Modeling 98

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. If you’re new to order fulfilment and inventory management , you’ll need a firm understanding of the backorder process. The inability to purchase out-of-stock goods will usually send a customer elsewhere.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

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. A good returns policy is crucial for ensuring a smooth customer experience. Let’s break this down into simple steps.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 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.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

EazyStock

JUNE 23, 2022

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! Big data is used to understand trends and patterns in behavior. Processing big data.

Inventory Management Software 52

Inventory Management Software Big Data Inventory Management Inventory Reduction 52

EazyStock

JANUARY 21, 2021

Predominantly based on the functionality of Dynamics NAV, it’s easily connected with Microsoft’s other solutions from the 365 software suite to provide a fully integrated business system. EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment.

Inventory Management Software 52

Inventory Management Software Inventory Management Forecasting Software Optimization Software 52

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. But with every hyper-advanced AI solution comes new concerns and risks we must keep in mind.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

The Logistics & Supply Chain Management Society

JUNE 10, 2021

But good solutions can transform risks into opportunities. In-fact delayed shipment may even change the consumer mind, who may cancel their order mid-transit and purchase from a competitor. Then is stockpiling regional inventories the answer to serving consumer demand and mitigating delays? BluJay Solutions. Joseph Lim.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Strategy 246

SCMDOJO

JANUARY 17, 2024

With the increase in online purchases, especially after the health crisis of the COVID-19 pandemic, the eCommerce industry is booming like anything. The bad news is that almost 30% of online purchases are returned. Return Management, also known as reverse logistics, is a process where the customer returns the goods they purchased.

Inventory Reduction 88

Inventory Reduction Supply Chain Planning Software Material Savings Cost Reduction Strategies 88

AFFLINK

MAY 17, 2019

Today’s customer expects to receive items that they purchase within a couple days, no matter where it’s coming from. How will these supply chain trends shape 2019? Unless stores want to maintain a constant inventory of all of their available products, they need technology and better warehouse management.

Supply Chain Software 72

Supply Chain Software Agile and Lean Supply Chain Inventory Management Software Predictive Analytics Software 72

Unleashed

FEBRUARY 15, 2021

It’s become even more important that businesses navigate multiple supply chains with food manufacturing software. 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. Health food industry trends. Food processing industry trends.

Food 93

Food Trends Industrial Industry 93

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. The Importance of Inventory Replenishment. Factors to Consider. Download Case Study. ABC Classification.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Moreover, the new policy of purchasing online and picking up in-store adds to the already high-stress environment for in-store employees.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Vinculum

JULY 20, 2022

The online trend has driven people crazy, and no more wait for the weekend to go market or mall to have their stuff. Digital purchasing has made people more comfortable and indulged in getting the products at their homes in real-time. The excellent part of online purchasing is that it adds more value to the shopping.

Malaysia 52

Malaysia Modeling Software Trends Inventory Management Software 52

EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. Just in case inventory management doesn’t have to mean inflating stock to really high levels.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting 52

ThroughPut

FEBRUARY 2, 2024

This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment. Advanced supply chain analytics is turning the current uncertainty into strategic foresight.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Company 98

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Here is a list of challenges and solutions for manufacturers to remain resilient and maintain growth momentum. We live in a time where we can purchase almost anything with a click of a button. Having accurate and real-time visibility into inventory levels will provide additional advantage. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

EazyStock

AUGUST 21, 2020

So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction? Carrying lower volumes of excess inventory in your supply chain can lead to lower carrying costs, such as reduced storage costs and inventory service costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Resource Reduction 52

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. More expensive borrowing.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Reduction 52

ToolsGroup

MAY 28, 2020

As a consequence inventory became difficult to plan. For example, shopping trips have dropped, and online purchasing has increased exponentially. As a consequence of diversification, we will need to get better at identifying trends and changes in trends earlier. Digital tools will be critical.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 156

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Unleashed

NOVEMBER 10, 2019

The nature of online businesses is significantly different in scale and operations to traditional retail outlets and as a result the scale of inventory stock can range from small home storage to vast, multiple warehouses facilities. Overselling inventory stock. Spoilage and dead stock. Effective supply chain management.

Inventory 61

Inventory Inventory Management Software Demand Planning Software Purchasing Skills 61

Enterra Insights

JANUARY 14, 2022

According to the study, consumer sentiment fell in early November to its lowest level in a decade due to escalating inflation and a growing belief that no effective policies have been developed to reduce the damage caused by surging inflation. Taking the Digital Path to Purchase. Purchasing Out of Necessity. Using Home as a Hub.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Supply Chain Game Changer

DECEMBER 22, 2021

Outlined below are common fulfillment obstacles faced by online businesses and their solutions. The perfect solution to this problem is working with fulfillment providers with multiple warehouses. Using a Complicated Fulfillment Software. Select a software that is easy to use, integrate, and meets your business needs.

Procurement Solutions 96

Procurement Solutions Purchasing Skills Predictive Analytics Software Inventory Reduction 96

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 76

Enterra Insights

JUNE 25, 2021

The 2021 holiday shopping season could be hugely successful if recent trends continue. Kearney’s Consumer Products and Retail Practice, asserts, “Retailers need to review forecasts and inventory commitments for Holiday 2021 which could be a blockbuster. For example, overall retail sales in April rose by 51.2% year-over-year.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 130

Unleashed

AUGUST 30, 2021

Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart manufacturing software. This is when shutting down a piece of equipment is written into company policy. What is downtime in manufacturing?

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Material Savings 98

BlueYonder

DECEMBER 1, 2022

6-8, among many others, in an effort to sell off their excess inventory. To help uncover the latest consumer trends from this weekend, Blue Yonder surveyed over 1,000 consumers who shopped during one of the five shopping days (Thursday, Nov. Consumers still value flexibility for getting their purchases. 24-Monday, Nov.

Survey 64

Survey Purchasing Skills Supply and Demand Price Reduction 64

ModusLink Corporation

MARCH 30, 2023

According to data shared by Vue.AI , “more than 60% of online shoppers say that they look at a retailer’s return policy before making a purchase. Of all the supply chain trends , finding ways to enable true optimization remains elusive. Establish a plan for dealing with overstock or excess inventory from returns.

Sourcing Strategies 78

Sourcing Strategies Reverse Logistics Inventory Reduction Cost Reduction Strategies 78