Logistics Viewpoints

OCTOBER 15, 2024

Amul, a household name in India, owes its success to several key factors: strict hygiene standards, high-quality products, product diversification, effective marketing strategies, and efficient supply chain management.

Optimal Sourcing 290

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 290

ToolsGroup

JANUARY 13, 2025

New solution debuting at NRF 2025 reduces stockouts and markdowns, driving profitability BOSTON January 13, 2024 ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of Inventory.io, an AI-powered solution designed to simplify inventory management and enhance profitability.

ToolsGroup 156

ToolsGroup Inventory Reduction Optimization Software Supply Chain Optimization 156

Logistics Viewpoints

DECEMBER 18, 2024

Transitioning to Renewable Energy The shift from fossil fuels to renewable energy is vital for mitigating the environmental impact of logistics. Key strategies include: Electrification of Transport: The use of electric vehicles (EVs) for freight and last-mile delivery reduces emissions and operational costs.

Optimal Sourcing 270

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 270

Logistics Viewpoints

MARCH 6, 2025

manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Strategic moves like bulk buying, closer supplier partnerships, and syncing procurement with supply chain planning can tighten inventory, cut waste, and free up cash. What Is Agile Procurement?

Price Reduction 213

Price Reduction Material Savings Cost Reduction Strategies Waste Reduction 213

ToolsGroup

OCTOBER 14, 2024

This article will examine the challenges Belcorp faced with managing its extensive product range and complex supply chain and how our solution set, which includes Service Optimizer 99+ (SO99+), Demand Planning, and the Multi-Echelon Inventory Optimization (MEIO) model, transformed their operations. It played out as follows.

Modeling 156

Modeling Supply Chain Planning Software Inventory Reduction Supply Chain Optimization 156

Logistics Viewpoints

MARCH 11, 2025

For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions.

Optimal Sourcing 326

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 326

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

Logistics Viewpoints

NOVEMBER 26, 2024

For example, a warehouse inventory discrepancy may only matter if it affects high-priority orders or strategic customers. Alex Pradhan is the Global Product Strategy Leader and Member of the Executive Leadership team at John Galt Solutions. Clarity of Impact: Context helps planners understand the significance of an event.

Resource Reduction 296

Resource Reduction Inventory Reduction Sourcing Strategies Supply Chain Planning Software 296

ToolsGroup

MAY 8, 2025

However, many overlook the need to leverage supply planning capabilities effectivelymissing a vital opportunity to align operational plans and optimize business outcomes. Optimization Advanced modeling of real-world constraints like capacity, lead times, and inventory ensures efficient execution.

Inventory Reduction 156

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Planning Software 156

Logistics Viewpoints

NOVEMBER 20, 2024

For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Meanwhile, advances in AI-driven route optimization reduce unnecessary mileage, cutting emissions and costs. Reducing carbon emissions is a cornerstone of this effort.

Waste Reduction 302

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 302

Enterra Insights

DECEMBER 17, 2024

A term once prominent in supply discussions optimization isn’t heard quite as often as it used to be. That doesn’t mean optimization isn’t as important now as it has been in the past. Also, validated financial statements are key in the underlying optimization models. ” What is Supply Chain Optimization?

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

ToolsGroup

FEBRUARY 4, 2025

Lets explore these challenges and strategies to overcome them. Technological Advancements Real-time inventory tracking and predictive analytics give leading firms a competitive edge. Optimize Distribution Networks Adapt warehouse locations and logistics for localized supply chains.

Price Reduction 156

Price Reduction Inventory Reduction Material Savings Cost Reduction Strategies 156

ToolsGroup

MARCH 14, 2025

Your Aftermarket Supply Chain is More Complex Than You Think Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. If your business is still guessing at demand instead of optimizing it, youre sacrificing more than efficiency. The outcome?

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Optimization Software Inventory Reduction 156

Logistics Viewpoints

FEBRUARY 25, 2025

Trade policies are constantly evolving, forcing companies to assess how these changes impact customer demand, supply networks, fulfillment strategies, and cost to serve. As a result, the company had to lay off workers and reevaluate its entire strategy – even as tariffs are paused – due to a lack of supply chain flexibility.

Manufacturing Procurement 246

Manufacturing Procurement Inventory Reduction Price Reduction Material Savings 246

RFgen

DECEMBER 19, 2024

But between rising costs, complex logistics, and the constant struggle to optimize space and labor, staying ahead can feel like an uphill battle. That’s where warehouse optimization comes in. Here’s what you can expect: A clear definition of warehouse optimization and its core components. Ready to get started?

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

RFgen

DECEMBER 26, 2024

Introduction Inventory management is the backbone of a successful supply chain operation, but it’s often a source of persistent frustration. Mobile inventory management offers a transformative solution, providing the real-time data and streamlined workflows needed to optimize operations and gain a competitive edge.

Inventory Reduction 98

Inventory Reduction Optimal Sourcing Inventory Management Software Waste Reduction 98

Logistics Viewpoints

MARCH 26, 2025

They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Excess inventory, stockouts, and increased transportation expenses are common consequences of outdated planning methods.

Supply Chain Planning Software 219

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Planning 219

RFgen

NOVEMBER 13, 2024

Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. That’s not science fiction—it’s the power of mobile inventory management. Ready to turn your inventory from a headache into a strategic asset?

Inventory Management Software 96

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 96

Logistics Viewpoints

APRIL 1, 2025

For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions.

Optimal Sourcing 269

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 269

Logistics Viewpoints

JANUARY 6, 2025

When you talk to companies that have implemented enterprise or supply chain applications, executives will usually admit that they have under-invested in training and preparing users to use the new technology. This collaboration allows for better optimization of the supply chain, ensuring the right products are available at the right time.

Supply Chain Transformation 304

Supply Chain Transformation Supply Chain Software Purchasing Training Buyer Training 304

ModusLink Corporation

MAY 19, 2025

In todays unpredictable business environment, inventory is no longer just a cost centerits a strategic asset. And with volatility comes the need for smarter, faster, and more flexible inventory management strategies. Key Strategies for Inventory Optimization in 2025 1.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Modeling Inventory Reduction Optimization Modeling 78

Supply Chain Shaman

MARCH 21, 2023

Bloated inventories. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. The larger the number of days of inventory, the greater the cash drag.) Changes in Inventory Year-end inventory values by industry from Y Charts. The story continues. Rising inflation. Next steps?

Inventory Reduction 419

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 419

Logistics Viewpoints

JULY 30, 2024

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.

Inventory Reduction 305

Inventory Reduction Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 305

Logistics Viewpoints

JUNE 4, 2024

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

Inventory Reduction 302

Inventory Reduction Supply Chain Planning Software Waste Reduction Inventory 302

ToolsGroup

MARCH 31, 2025

Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables. The result?

Forecasting 156

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 156

Logistics Viewpoints

MAY 23, 2024

This involves setting up numerous parameters like lead times, inventory levels, production capacities, and demand forecasts, all of which must be adjusted for different scenarios. Effective scenario testing also requires well-trained users proficient in the system’s functionalities, making it difficult to achieve accurate results quickly.

Modeling 313

Modeling Scenario Planning Supply Chain Planning Software Supply Chain Optimization 313

RFgen

NOVEMBER 27, 2024

By harnessing the power of data science and analytics, you can gain end-to-end visibility across your entire network, breaking down information silos and optimizing every stage of your operations. Data analytics also offers actionable insights for: Inventory Management: See stock levels across multiple locations in real-time.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

Logistics Viewpoints

APRIL 14, 2025

By applying machine learning, natural language processing, and real-time optimization, businesses are improving forecasting, reducing costs, and responding to complexity with greater consistency. Key Insight: The use of AI in supply chain automation is producing tangible benefits across procurement, warehousing, and logistics.

Optimal Sourcing 235

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 235

Logistics Viewpoints

APRIL 3, 2025

Capacity shortages, service unreliability, and inventory congestion threatened to disrupt VWs production flow and delivery commitments to U.S. The inability to secure sufficient transport capacity not only strained inventory management but also exposed the company to increased vehicle damage risks and customer delivery delays.

Inventory Reduction 251

Inventory Reduction Modeling Mexico Automotive 251

The Network Effect

JANUARY 24, 2025

The post Optimizing Inventory and Logistics for Luxury Retail appeared first on The Network Effect.

Network Optimization 219

Network Optimization Supply Chain Optimization Price Mitigation Strategies Inventory 219