Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. Strategically approaching the procure to pay process can see your company reap the rewards. In this guide, we’ll cover: What is the procure to pay process. Negotiating.

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

Supply Chain Game Changer

DECEMBER 9, 2020

The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. The company’s fast and simple PIM software gets sellers, distributors and brands to market in weeks instead of months. And, of course, inventory.

Inventory Management Software 98

Inventory Management Software Inventory Management Optimal Sourcing Inventory Reduction 98

EMERGE App

MARCH 16, 2020

There’s no business sense for the dealer to purchase second-hand cars from prospective sellers in order to resell them for a profit (if any!). The dealer is tying up a finite and important resource (cash) in the purchases of stock (cars). So you just witnessed how consignment inventory works. Think about it. For nothing.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Unleashed

DECEMBER 12, 2023

This article explores the benefits of good BOM management, the role of a BOM manager, and how to manage your BOMs effectively with best-practice processes, software, and equipment. Effective BOM management is achieved by efficiently performing key production tasks and can be improved with the help of appropriate software and equipment.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

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! It could be open-ended feedback, images, video, audio, or general business documents.

Inventory Management Software 52

Inventory Management Software Big Data Inventory Management Inventory Reduction 52

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

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Learn more: Inventory Accounting – A Free Video Guide for Accountants & Advisors What is Days Sales of Inventory (DSI)? It’s also known as Days Sales in Inventory and Average Age of Inventory.

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Procurement Analytics Inventory Reduction Metrics Inventory 98

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

Supply Chain Game Changer

MAY 6, 2022

If this tool is applied, the ads are placed on websites without human participation. It is also helpful for publishers and optimization of their inventories. Let us discover the basics of this modern tool and find out what the top channels for brands are. Many channels propose additional editing tools for the design.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Analytics Software Optimization Software 97

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. Another approach is to create your own software.

Inventory Reduction 87

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

Unleashed

JANUARY 29, 2024

Stock-keeping-unit (SKU) rationalisation is an inventory management method for improving the performance and profitability of your business. As a business strategy, SKU rationalisation helps you to reduce business costs, improve inventory management, increase operational efficiency, and enhance your brand image.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Precoro

NOVEMBER 27, 2023

In fact, according to Precedence Research , the global market for healthcare software was estimated at USD 28.66 However, navigating the large healthcare software market poses some questions: Which medical solutions should be prioritized, and what benefits does digitalization bring? billion by 2032.

Procurement Solutions 59

Procurement Solutions Prescriptive Analytics Software Analytics Software Optimization Software 59

Unleashed

NOVEMBER 2, 2023

A production schedule helps significantly in reducing manufacturing costs and improving the efficiency of your manufacturing inventory management. Manage production costs – By increasing manufacturing process efficiencies, a production schedule simultaneously helps to minimise the cost of inventory and production. But that’s not all.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Logility

APRIL 3, 2017

The site listed all the parts for my refrigerator, described the symptoms of a failure of each part, provided schematics and video tutorials on how to replace the part, and provided user testimonials on their experience replacing the part. Long-tail inventory strategies concentrate on managing the B, C, D, etc. trillion annually.

Inventory Reduction 100

Inventory Reduction Inventory Supply Chain Planning Software Modeling 100

SCMDOJO

DECEMBER 18, 2023

Ensuring Timely Repairs: Having a well-managed inventory of spare parts ensures quick and timely repairs. Improving Employee Productivity: A well-managed spare parts inventory ensures that employees can swiftly access the components they need. Let’s explore the key strategies to ensure your maintenance operations run smoothly.

Inventory Reduction 63

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 63

Supply Chain Shaman

SEPTEMBER 22, 2021

This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). The solution was too black box. Hence the solution couldn’t be much maintained. We started the pandemic with twenty-one more days of inventory than we had in 2007.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. Excess inventory is often caused by supply exceeding demand, resulting in slow-moving inventory that can incur expensive holding costs.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Inventory Management Software 98

SCMDOJO

APRIL 15, 2024

Content creation: Amazon Studios – Produces original films and series available for streaming on Amazon Prime Video. Cloud and Machine Learning services: Amazon Web Services (AWS) – Provides cloud computing infrastructure, storage solutions, and machine learning services to businesses and developers worldwide.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

ivalua

SEPTEMBER 28, 2020

My journey in Accounts Payable started back in 1998, when I worked on my first Accounts Payable automation solution combining scanning, OCR and workflow. So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. Is the tax and budget allocation information correct?

Supply Chain Software 237

Supply Chain Software Manufacturing Procurement Procurement Solutions Supply Chain Network Software 237

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. The following video provides a quick lesson about how barcodes work. ” • Inventory control : “Barcodes improve inventory management and reduce excessive spending on products.

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

OptiProERP

OCTOBER 25, 2023

These technologies include platforms for digital advertising, business software such as ERP , and other apps. Suppliers can connect directly to a business with a vendor portal that lets them access purchase orders and be responsive in real-time. It is also easier to manage a complex supplier network to have more resources to draw upon.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Inventory Management Software Optimization Software 52

Unleashed

NOVEMBER 19, 2023

It’s not just about tools; it’s about agility and staying ahead of the market.” Demand planning software and inventory optimisation tools can help you better manage your supply chain to bring costs down. According to Campbell, having a backup is also key in optimising your purchasing management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Material Savings Inventory Reduction 52

Arkieva

DECEMBER 22, 2016

Here is our holiday video of everyone sharing in the chocolatey fun! The solution was running so smoothly; Demand planners and cross functional teams were finally collaborating – yes truly! Inventory scheduling was just-in-time, Leaving no room for customers to say “oops next time!”. This year was no different.

Video 60

Video Modeling Procurement Solutions Belgium 60

EazyStock

FEBRUARY 1, 2021

Better Inventory Management for eCommerce. A critical area of focus should be your eCommerce inventory management processes. Watch our short video and then read on…. Here’s how eCommerce businesses can improve their inventory management. Improving your eCommerce Inventory Management. Want to know how? Here’s why….

Inventory Management Software 52

Inventory Management Software Modeling Optimization Software Inventory Management 52

Logistics Viewpoints

OCTOBER 20, 2021

Below are some key points from our discussion as well as the full video interview. These retailers are making sure that consumers know what inventory is available so they can shop to match their needs rather than buying something that is simply available. Are charges known at time of purchase? The State of Parcel Shipping.

Supply Chain Network Software 191

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Supply Chain Software 191

Logistics Viewpoints

MAY 27, 2022

Dick’s joins a list of retailers that have recently noted the impacts of inflation on customer purchases, with a shift from discretionary to non-discretionary items being a common theme. This week’s music video is “We don’t talk about Bruno” from the movie Encanto. Railways moved $20.2 billion of freight, up 20.9% That’s all folks.

Logistics Network Optimization Software 251

Logistics Network Optimization Software Supply Chain Network Software Real Estate Forecasting Software 251

Logistics Viewpoints

MARCH 29, 2021

“Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. For a more comprehensive explanation of this project you can view the video of the panel. This closed loop procurement in turn helps ensure products are made on schedule.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

Unleashed

SEPTEMBER 7, 2021

Read more: Try the eCommerce inventory management software that unleashes your growth What is B2B eCommerce? A B2B eCommerce platform is software that facilitates transactions between businesses. Businesses can order stock online, and software is used to automate shipping, tracking and auditing of goods & services.

Inventory Management Software 97

Inventory Management Software Price Reduction Inventory Reduction Modeling Software 97

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. However, that same year, software company Steam announced a new open refunds policy and it was immediately abused by online users.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Unleashed

OCTOBER 27, 2021

For example, is your inventory management more efficient, leading to quicker stock turnaround and faster fulfilment? The traditional sales rep approach is no longer what buyers are spending most of their time on when it comes to making purchases. Finding out what your customers struggle with, or what competitors don’t advertise well.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

RFgen

JUNE 30, 2023

Prioritizing technology solutions in today’s digital environment is a necessity. Gone are the days of paper inventory tracking and manual data entry. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory.

Inventory Management Software 76

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 76

Enterra Insights

AUGUST 31, 2023

During this period of changing consumer behavior, retailers experienced an inventory mismatch and inflation reared its ugly head. ” It also means that many of their purchases will be made through social channels. The post Consumer Credit, Generation Z, and the Consumer Packaged Goods Sector first appeared on Enterra Solutions.

Packaging 246

Packaging New York Procurement Analytics S&OP 246

RFgen

JUNE 11, 2017

Consumers now have a variety of outlets through which they can purchase products – be it in store, online or directly from the warehouse – and data collection provides details on the very latest buying habits and customs retailers can draw upon to increase sales. Shoppers Spend More When Product Videos Are Used.

Video 52

Video Retail Miami Inventory Management Software 52