Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

ToolsGroup

JANUARY 30, 2018

The next step is to accurately predict the uplift from baseline expected to be generated by the promotion so that supply chains can optimize inventory to properly support the promotion. But two-dimensional spreadsheets, however transparent, are incapable of handling the many different variables and data sources involved.

Forecasting 184

Forecasting Forecasting Software Supply Chain Planning Software Analytics Software 184

Logility

MARCH 6, 2024

It looks at past and present data and organizes the information into clear patterns. Prescriptive analytics considers the present situation, meshing current data with simulation algorithms to answer, “What should we do?” Are your current supply chain systems sufficient to leverage new data sources and enable advanced analytics?

Prescriptive Analytics Software 183

Prescriptive Analytics Software Analytics Software Predictive Analytics Supply Chain Planning Software 183

Supply Chain Matters

JULY 25, 2022

As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing developments including a marked escalation in geopolitical tensions that impact global supply chain strategies. Restoring More Direct Control in Materials Sourcing. For those businesses located in the U.S.,

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

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

MAY 16, 2023

These often included: Collaborating more effectively with suppliers: More organizations are embracing a more holistic supply chain strategy by knowledge-sharing with suppliers to align on lead times, forecasts, and buying projections. Sarah’s insightful presentation on digital transformation drew 125 attendees.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

ToolsGroup

JANUARY 19, 2024

Surpassing the pre-pandemic levels of January 2020, NRF 2024 showcased a robust exchange of ideas, strategies, and insights that promise to shape the retail landscape in the coming year. Last year witnessed a considerable impact on retailers’ profits attributed to shrink, commonly recognized as lost inventory.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Optimization Software Forecasting Software 156

Unleashed

MAY 7, 2023

With the right systems in place, manufacturing inventory management can help to reduce production and ensure all operational processes are carried out effectively and efficiently. In this guide, we cover the types of manufacturing inventory, the costs, and a few handy strategies for managing it effectively.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 52

ToolsGroup

NOVEMBER 9, 2023

Over the past few years, it has become evident that people are ready for this new era of responsible food sourcing and production,” said Daniel Salrach Ruiz, Supply Chain Director. ToolsGroup has been an invaluable partner, helping us drive growth and achieve greater efficiency through automation while reducing inventory 10%.”

ToolsGroup 156

ToolsGroup Supply Chain Transformation Supply Chain Planning Software Optimal Sourcing 156

Logistics Viewpoints

MARCH 27, 2024

The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory. NLP can also help robots to access and process information from various sources, such as manuals, databases, or websites.

Analytics Software 214

Analytics Software Predictive Analytics Software Optimization Software Supply Chain Network Software 214

Logistics Viewpoints

DECEMBER 2, 2021

import volumes still climbing (see Figure 1), limited processing capacity at key West Coast ports and the International Longshore and Warehouse Union (ILWU) contract expiring next summer, importers will be scrambling to maintain the inventory they need to support the demand increase.

Predictive Analytics Software 312

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 312

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

Supply Chain Shaman

SEPTEMBER 22, 2021

Allyson Hatfield, demand planner at MARS Petcare presented. At the end of the presentation, I asked Allyson her perspective on open source analytics. ” Her answer was telling. ,” I said internally to myself and quickly rebounded to thank her for a great presentation. The solution was too black box.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. The focus is on channel data: price; inventory positions; and policies.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

ThroughPut

DECEMBER 4, 2022

Demand-driven replenishment and fulfillment can help retail planners manage large SKUs, determining each sales location and its optimal inventory targets. Wastage caused due to perishable goods : Supermarkets inventory consists of fresh fruits, vegetables, dairy, and meat products, which come with short shelf lives.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting. Don’t worry.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Game Changer

APRIL 21, 2020

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. One approach is to develop and deploy Don’t Touch Supply Chain strategies! Subscribe Here! Email Address.

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

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

The Logistics & Supply Chain Management Society

JULY 16, 2023

This article explores the concepts of resilience and agility in supply chain management, their link with change, and the strategies employed to navigate the evolving business landscape. These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Supply Chain Shaman

SEPTEMBER 27, 2021

As a result, most projects are not clear in scope, with the implementation of visibility as a “functional extension to existing process” lacking a holistic outside-in approach/strategy to sense, respond, and act. Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. Reflection.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Supply Chain Shaman

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Recently, I was presenting to a supply chain team in Europe.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Logistics Viewpoints

AUGUST 7, 2023

Pete Bennett, and his co-presenter, Mary Byrne, the vice president of supply and demand planning, spoke during a presentation at Kinaxis’ user conference Kinexions. The Cardinal Health Supply Chain Cardinal Health’s medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

BlueYonder

OCTOBER 6, 2023

From the array of presentations shared during the conference, I have distilled several key insights: Fostering Collaboration: Disruptions, such as UAW strikes, COVID-19, and chip shortages, have become the new norm, occurring with greater frequency and magnitude.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

Demand Solutions

MARCH 27, 2020

This past March, Tim Carroll, Product Availability Team Captain at AutomationDirect, was presented the 2020 World-Class Culture Award at the Atlanta Supply Chain Awards (ASCA). They're the teams responsible for forecasting inventory requirements, managing inventory replenishment functions and sourcing inventory from suppliers.

Atlanta 173

Atlanta Supply Chain Planning Supply Chain Software Supply Chain Strategy 173

Supply Chain Matters

JANUARY 3, 2024

Leaders will again be presented with an environment of uncertainty and differing economic, financial and risk based outlooks, depending on geographic region, or specific industry product demand or supply network sector.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

The Logistics of Logistics

JUNE 23, 2022

Topic: Prepping for Peak: How to Level-up your CX Strategy this holiday season. Retailers and shippers must adapt their strategy to ensure they get the right product, to the right place at the right time to meet the high expectations of consumers/customers. Description: . Founder & CEO of OneRail @OneRail .

Supply Chain Strategy 130

Supply Chain Strategy Supply Chain Optimization Supply Chain Software Sourcing Strategies 130

Logility

NOVEMBER 28, 2023

By moving beyond conventional, backward-looking methods, planning can forecast demand and inventory at the speed of the market. Planners strategically examine procurement and sourcing practices and align production and distribution to meet product demand. Demand and S&OP is not only about repeating history.

S&OP 130

S&OP Supply and Demand Supply Chain Planning Software Scenario Planning 130

Supply Chain Matters

NOVEMBER 27, 2023

This transformation is not just about technology; it’s a confluence of strategy, real-time decision-making, and the challenging integration of diverse data systems. Planners: Architects of Strategy Planners in the supply chain are akin to architects. All rights reserved.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 52

Logistics Viewpoints

AUGUST 22, 2023

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Why is this shift such a big deal? We don’t have to think back very far. Lesson learned.

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

GlobalTranz

AUGUST 11, 2021

As market volatility, delivery expectations and customer experience levels impact supply chain strategy, shippers are looking for new ways to drive operational and competitive advantage from external expertise. Indicator 1: It’s Difficult to Track Your Inventory From Suppliers Through Final Mile.

Logistics Network Optimization Software 294

Logistics Network Optimization Software Transportation Supply Chain Software Supply Chain Planning Software 294

ToolsGroup

FEBRUARY 7, 2021

Especially, I would say when we were talking about the Amazon effect I would say now it’s present more than ever maybe even changing the word into the COVID effect. And digitalization is more than present. I think it’s more that the idea of sourcing and how to buffer certain inventory will be definitely more localized.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Logility

JUNE 30, 2022

This results in delays that cause material or inventory shortages that affect both manufacturers and retailers Fulfillment centers that are short of workers can’t keep pace with order fulfillment volumes fueled by eCommerce. Solving the labor crunch also means exploring new sources of supply. Growth is our top priority.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 173

KEPLER Consulting

OCTOBER 18, 2017

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Inventory Management & Optimization: Managing inventory as working capital, focusing on demand planning, optimization, safety stock management, and meeting customer service expectations.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. The company is present in 38 nations and has more than 40,000 employees. Further, historically Molex had a focused sourcing strategy.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196