ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase. Knowing the importance of managing the return of merchandise, let’s look at the goals and benefits of a customer-centric return policy.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

The Smart Software

MARCH 15, 2021

Epicor User Group Webinar: Top 3 Inventory Control Policies. SVP Research and Professor Emeritus at Rensselaer Polytechnic Institute, defines and compares the three most used inventory control policies. The post Inventory Planning Processes: Challenges and Opportunities appeared first on Smart Software.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Supply Chain Planning Scenario Planning 52

Supply Chain Opz

JUNE 23, 2014

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Vecco International

MARCH 31, 2024

Vecco International provides a game changing supply chain Planning & Inventory Management (PIM) product for “smaller” manufacturing, distribution, and construction businesses (SMBs). Inventory is often the largest asset on a company’s balance sheet and is a major driver of cash flow. Tim Payne – Gartner Research VP, S.C.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Management Software Forecasting Software Supply Chain Planning 40

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

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

Supply Chain Shaman

SEPTEMBER 20, 2015

How will the policy be executed? In my research, I find that the companies with the most progressive procurement processes also have the most advanced customer supply chain process evolution.)Without The journey began with a one size fits all approach in 2008, and the policies evolved over the course of the last seven years.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

ToolsGroup

NOVEMBER 10, 2015

Inventory configuration is usually the predominant issue in most manufacturing environments. Inventory policy is usually the predominant issue in most distribution environments. Here are five types of inventory optimization that you should be aware of if you are considering an optimization solution.

Modeling 120

Modeling Inventory Reduction Network Optimization Price Mitigation Strategies 120

Supply Chain Shaman

OCTOBER 11, 2012

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory? I want to believe.

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

Supply Chain Game Changer

SEPTEMBER 1, 2021

A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. How You Can Manage Your E-Commerce Store With No Inventory. The customer only needs to order the product from your storefront, which means you won’t need an inventory. of global retail sales. Drop shipping.

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Design Software Logistics Network Optimization Software 87

The Logistics of Logistics

JANUARY 9, 2023

WMS stands for warehouse management system, which is a set of policies and processes intended to organize the work of a warehouse or distribution center and ensure that the facility can operate efficiently and effectively. Provide real-time, granular inventory and order visibility across an extended network.

Supply Chain Planning Software 183

Supply Chain Planning Software Distribution Supply Chain Network Software Logistics Network Optimization Software 183

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. Focus on right-sizing inventories.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Matters

JANUARY 3, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Supply Chain Opz

MARCH 26, 2015

What is Inventory Control? Here we will try to answer most common questions about Inventory Control and also provide additional resources you can use. What is Inventory Control? Inventory control often starts with how to know the demand of particular product. What is the Best Forecasting Model?

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

Logistics Viewpoints

JANUARY 11, 2023

ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. Inventory Management in a High Inflation Environment ; Clint Reiser. Instead, they are likely to carry higher levels of inventory as a lower cost alternative to minimizing disruptions. billion in 2019. Clint Reiser.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

RELEX Solutions

MARCH 29, 2019

RELEX was used to simulate the dynamic safety stock levels suggested by their research. A firm that manages items with varying importance throughout the year can use dynamic service levels to have the right inventory at the right time. The Right Inventory at the Right Time. KEY INSIGHTS. Whatever you do, don’t be out of stock!”

Inventory Reduction 28

Inventory Reduction Logistics Network Optimization Software Vendor Strategies Research 28

The Smart Software

FEBRUARY 10, 2020

In this Video Dr. Thomas Willemain, co–Founder and SVP Research, defines and compares the three most used inventory control policies. These policies are divided into two groups, periodic review and continuous review. These videos explain each policy, how they are used in practice and the pros and cons of each approach.

Policies 78

Policies Inventory Reduction Inventory Forecasting 78

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

Logistics Viewpoints

MAY 5, 2022

With COVID-19 inspired Global policies in place, day-to-day routines for industries on a global scale had to change how they operate within the supply chain sector. Goldman Sachs researchers led by Jan Hatziusworf?estimates Although organizations have solutions to manage their inventory, labor, and warehouse operations, they?continue

Real-time Visibility 190

Real-time Visibility Supply Chain Software Los Angeles Demand Planning Software 190

Logility

JULY 23, 2013

Recently I wrote a research paper on Multi-Echelon Inventory Optimization, MEIO ( Thinking Anew - Transform Your Supply Chain Using Multi-Echelon Inventory Optimization ). In the research , I explored how understanding the strategic implications affects tactical operations—and vice versa.

Research 103

Research Optimal Sourcing Supply Chain Software Expense Reduction 103

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

SCMDOJO

JANUARY 17, 2024

According to research , aftersales service, including returns, ranks No-1 in building customer trust. The company accepts or rejects the return request: Depending on the company’s return policy, the dedicated personnel accept or reject the return request. Construct a robust return policy: Prevention is better than cure.

Inventory Reduction 86

Inventory Reduction Supply Chain Planning Software Material Savings Cost Reduction Strategies 86

Logistics Viewpoints

AUGUST 5, 2021

On our budget then, this felt like a fortune and fueled my interest in energy policy. Technicolor, which makes high tech equipment for the connected home, found their sales team drove the business but created havoc by entering new requirements or cancelling them too late for operations to keep up, so inventories grew.

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

Talking Logistics

APRIL 16, 2015

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions. Where and in What Form Should Inventory Be Held?

Inventory Reduction 100

Inventory Reduction Material Savings Cost Reduction Strategies Price Mitigation Strategies 100

Supply Chain Opz

MARCH 26, 2015

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 100

Inventory Management Software Inventory Management Inventory Reduction Forecasting 100

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. Strategic placement of inventory buffers to ensure sufficient ability to absorb shocks. One off recommendations are made about facility locations (i.e.,

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Supply Chain Matters

MARCH 11, 2024

Supply Chain Matters highlights a report indicating a push for Zara parent Inditex to disclose more detailed supplier transparency in the light of growing ESG policy dichotomies. And as our readers are aware, the area of ESG further includes corporate social responsibility policies, efforts and reporting. All rights reserved.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Supply Chain Design Software Agile and Lean Supply Chain 52

EazyStock

JULY 20, 2020

Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important in today’s digital world – especially as an increasing number of people are working remotely. Here are some ways technology can help you simplify inventory management.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

Supply Chain Shaman

JULY 30, 2022

A requirement to apply as an analyst position for AMR Research was to write an opinion piece and defend the article in an interview. However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

The Smart Software

APRIL 24, 2020

In this Video Dr. Thomas Willemain, co–Founder and SVP Research, defines and compares the three most used inventory control policies. These policies are divided into two groups, periodic review and continuous review. These videos explain each policy, how they are used in practice and the pros and cons of each approach.

Policies 52

Policies Inventory Reduction Inventory Forecasting 52

Supply Chain Matters

APRIL 25, 2024

billion, a reflection of increased price discounting and a building inventory of unsold vehicles. In the latter category, global vehicle inventory expressed in days of supply was reported as 28 days, compared to 15 days in the year-earlier quarter. Financial headlines included quarterly total revenue declining 9 percent to $21.3

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

BlueYonder

SEPTEMBER 7, 2023

In every role inventory availability and protecting the company’s assets was always critical. In North America, according to an IHL research report sponsored by Blue Yonder , retail loss due to out-of-stocks increased by a huge 17.7% in the first quarter – primarily from inventory shrink. How Can Blue Yonder Help?

Retail 109

Retail Inventory Reduction Real-time Visibility Supply Chain Design Software 109

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.” Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

MIT Supply Chain

OCTOBER 13, 2016

Inventory management policies that fail to keep pace with shifting product demand can lock up valuable working capital, especially in volatile markets. By dynamically managing inventory without compromising service levels, companies can free up these unexploited reserves of working capital.

Inventory Reduction 40

Inventory Reduction Inventory Sourcing Strategies Spain 40

ToolsGroup

NOVEMBER 14, 2017

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. Some would claim that this is sufficient and optimizing inventory in strategic studies is not that important because those details are not important. Here’s why.

Network Design Software 180

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

Supply Chain Shaman

JUNE 23, 2020

I share insights, based on research, for the supply chain leader. I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. Orbit Chart for Ecolab at the Intersection of Inventory Turns and Operating Margin Versus the Chemical Industry for the Period of 2010-2019.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. As an analyst, I conduct primary research. I worked with the organization for a year and scheduled a meeting with Lucas to explain that his policies were the primary issue. His response?

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217