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

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

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

Logistics Viewpoints

JANUARY 11, 2023

Top Five Transportation Trends ; Chris Cunnane. From a transportation standpoint, this has included major technological advancements. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. Inventory Management in a High Inflation Environment ; Clint Reiser.

Logistics Network Optimization Software 215

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 215

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

Logistics Viewpoints

OCTOBER 30, 2023

Executives must have the fortitude to make changes in the operating policies and the network infrastructure that may affect the lives of employees. For this project, Solvoyo consultants built a network design model and ran more than 120 scenarios to refine the customer service and inventory mix strategy.

Vendor Strategies 230

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 230

The Logistics of Logistics

APRIL 6, 2013

“Transportation expense can cost 5%-10% of gross revenue and will be going up if not managed effectively.” Transportation cost drains drive up costs. Many companies are experiencing dramatic increases in transportation expense that have turned into cash and quality drains for their organization. per gallon.

Negotiating Skills 134

Negotiating Skills Purchasing Skills Cost Reduction Strategies Negotiate Pricing 134

Ware2Go

OCTOBER 8, 2021

Everything you need to know about inventory tax. Learn which states collect it, its impact on your business, how to reduce it, and how to leverage fulfillment technology to accurately track and control inventory. Understanding Inventory Tax. Is There a Federal Inventory Tax? How Does Inventory Tax Affect My Business?

Inventory Reduction 52

Inventory Reduction Inventory Expense Reduction West Virginia 52

Vinculum

JULY 9, 2022

At the heart of every growing eCommerce business doesn’t lie great sales or a great marketing strategy – how strategic your inventory management is what gears a successful product-based eCommerce business. Inventory Management may spiral out sometimes, but not with the best inventory management systems.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Predictive Analytics Software 52

Supply Chain Trend

OCTOBER 20, 2022

Often within pre-defined and aligned cross functional policies as facilitated by an IBP manager / S&OE manager. If the decision policies are defined between functions, these can be digitized and automated in many occasions. Finding an alternative material, source, or mode of transport to speed up delivery can be automated.

Supply Chain Software 109

Supply Chain Software S&OP Material Savings Gartner 109

Enterra Insights

APRIL 18, 2024

But as the costs of transportation increase, the length of supply lines is beginning to decrease. The causes are myriad, including rising labor costs, geopolitical considerations, rising transportation costs, and increased risks of supply chain disruptions. As a result, globalization is beginning to look more like regionalization.”[1]

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

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

Logistics Viewpoints

OCTOBER 31, 2022

ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. This enables carriers to optimize their transportation capacity to deliver the shipment on time at best price. Then, Mr. Sobeck explained, “we have transport information.”

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 197

ToolsGroup

APRIL 12, 2019

Too many companies get locked into traditional processes and a familiar vicious cycle: unable to reliably forecast an increasing number of SKU combinations, they load up on inventory to accommodate long-tail, erratic demand. achieving the same overall customer service level objective with far less inventory expense. percent, etc.,

Supply Chain Planning Software 227

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 227

Logility

MAY 2, 2012

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. Arcs can be process flows, transportation lanes, modes of transportation, product flows, or bill of material links. Inventory optimization is a time-phased problem.

Network Design Software 100

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

Logility

MAY 2, 2012

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. Arcs can be process flows, transportation lanes, modes of transportation, product flows, or bill of material links. Inventory optimization is a time-phased problem.

Network Design Software 100

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

SCMDOJO

JANUARY 17, 2024

The company accepts or rejects the return request: Depending on the company’s return policy, the dedicated personnel accept or reject the return request. Restocking and putting back in inventory: If the product is QC passed, the warehouse stores and stocks it as per the inventory policy.

Inventory Reduction 86

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

Supply Chain Matters

APRIL 7, 2022

We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. Trucking disruptions in these areas threaten the flow of inbound and outbound inventory. . Global Shipping. US Logistics Index.

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

Logistics Viewpoints

OCTOBER 21, 2021

The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly. Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic.

Supply Chain Design Software 189

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Modeling 189

Logistics Viewpoints

MARCH 25, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed. Capacity constraints and transportation delays.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

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

GlobalTranz

AUGUST 25, 2017

Editor's Note: Today's blog comes from our friend Michael Stoddard who shares the top 10 transportation jobs in the industry. If you happen to find yourself searching for careers in logistics, transportation and supply chains, you'll be happy to know that there's no shortage of positions. Transportation Manager.

Material Savings 76

Material Savings Inventory Reduction Optimal Sourcing Transportation 76

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. And we’ve yet to experience all of the possible repercussions of the conclusion of China’s zero-COVID policy. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 196

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 196

Enterra Insights

DECEMBER 26, 2022

The staff at SupplyChainBrain explains, “Overstocked retailers are cutting back on lenient pandemic-era return policies heading into the holiday season.”[2]. Today’s consumers take a lot of factors into consideration when they make a purchase — including product availability, price, delivery dates, and return policies.

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 130

The Logistics & Supply Chain Management Society

JUNE 10, 2021

Then is stockpiling regional inventories the answer to serving consumer demand and mitigating delays? Supply chains need to have the right infrastructure to safely store, transport and track shipments. In-fact delayed shipment may even change the consumer mind, who may cancel their order mid-transit and purchase from a competitor.

Supply Chain Planning Software 246

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

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

BlueYonder

AUGUST 28, 2023

The world’s supply chains have been stalled by challenges like labor capacity, imperfect inventory positioning, unpredictable supply, rising costs, and prolonged fulfillment times. They need to choose the ideal fulfillment node — one that has no labor or inventory constraints, while also optimizing delivery costs.

Optimal Sourcing 70

Optimal Sourcing Data Inventory Management Software Analytics Software 70

Logistics Viewpoints

DECEMBER 6, 2022

The process is inefficient and unpredictable, and leaves retailers with used inventory that oftentimes cannot be resold. Online consumers today have come to expect cost-free and hassle-free online returns policies.

Reverse Logistics 220

Reverse Logistics Purchasing Skills Price Reduction Logistics Network Optimization Software 220

Clear Spider

APRIL 7, 2020

In this article, we will explain: the concept of Customer Managed Inventory (CMI) how to reduce human-to-human interaction in inventory management operations how to implement this solution in your organization quickly and effectively. COVID-19 Inventory Management Challenges.

Modeling 52

Modeling Supply Chain Optimization Inventory Reduction Optimization Software 52

QAD

MARCH 14, 2023

Businesses should pursue these environmental initiatives not only for addressing customer expectations and brand reputation, but also because many of these initiatives are becoming involuntary through governmental policies around the globe. What is Supply Chain Digitization?

Supply Chain Software 94

Supply Chain Software Waste Reduction Sustainability Resource Reduction 94

BlueYonder

AUGUST 29, 2023

Having a disjointed view of inventory and customer data across both physical and online channels is no longer an option for retailers. Implementing an OMS effectively can provide significant value to your commerce outlook, offering a centralized platform for managing orders, inventory and fulfillment across the omni-channel landscape.

Optimal Sourcing 83

Optimal Sourcing Optimization Software Supply Chain Optimization Price Mitigation Strategies 83

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. These functions include procurement, production planning, inventory management, logistics, and customer service. Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

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. I worked with the organization for a year and scheduled a meeting with Lucas to explain that his policies were the primary issue. The US GDP in 2021 grew at an unexpected rate of 5.7% His response?

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

SCMDOJO

APRIL 9, 2024

With the advancement of transportation, like wheels and navigation techniques, transport to distant territories was completed over shorter periods. The Industrial Revolution gave rise to large-scale production and transportation efficiency, which led to the modern logistics landscape that we know today.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. Truck and rail transportation movements across the Mexico and U.S.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory. My takeaway?

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

GlobalTranz

OCTOBER 11, 2018

The best way for Warehouse Managers to approach inventory management lies in knowing when customers will order product, what they will order, and how quickly they want it. Defining these variables in inventory forecasting builds personalized experiences, meeting customers’ primary needs. Maintain the “right” amount of inventory.

Inventory Reduction 186

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 186