The Logistics & Supply Chain Management Society

JUNE 14, 2023

Managing Inventory amid Regime Change by Thomas Willemain, Ph.D ​If Statisticians use the phrase differently, in a way that has high relevance for demand planning and inventory optimization. This blog is about “regime change” in the statistical sense, meaning a major change in the character of the demand for an inventory item.

Inventory 130

Inventory Supply and Demand Scenario Planning Demand Planning Software 130

Enterra Insights

JUNE 22, 2022

Financial writer Emma Kerr ( @emmarkerr ) explains, “Inflation is caused by factors like pressures on the supply or demand side of the economy, money supply policies and even consumer expectations.”[1] It is typically a general measure referring to the overall increase in prices or cost of living in a country.”

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 83

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 83

Logility

JULY 14, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, has been honored by Supply & Demand Chain Executive , the only publication covering the entire global supply chain, as a recipient of the Top Supply Chain Projects Award for 2022. supply chains.”

Logility 173

Logility Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 173

Resilinc

APRIL 17, 2024

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. In the intricate web of modern supply chain management, efficiency often guides decision-making. Single sourcing and sole sourcing are two different procurement strategies in supply chain management.

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 78

The Logistics of Logistics

AUGUST 14, 2023

Bart De Muynck and Joe Lynch discuss the connective tissue of the supply chain, which is a reference to project44. As the supply chain connective tissue, project44 operates the most trusted end-to-end visibility platform, tracking over 1 billion shipments annually for the world’s leading brands.

Gartner 196

Gartner Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy 196

Logistics Viewpoints

JUNE 26, 2023

Mars has been on a journey to transform their digital supply chain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supply chain transformation. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supply chain mean for us?”

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

ToolsGroup

APRIL 13, 2020

Businesses around the world are learning to adapt as best they can to the COVID-19 supply chain impact. Unpredictable consumer behavior in response to macro events creates demand volatility in every link of global supply chains. If you do the math there, you have to make 748,000 inventory decisions per month.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Optimization 296

Logistics Viewpoints

NOVEMBER 16, 2023

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. But, why does having longer and more variability in lead time matter in your supply chain. What is lead time? First, let’s define lead time.

Real-time Visibility 240

Real-time Visibility Material Savings Inventory Reduction Vendor Strategies 240

Logility

APRIL 26, 2022

based supplier of fashion blanks transforms its demand and inventory management with Logility. a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced the addition of Next Level Apparel® (NLA) to its customer community. ATLANTA – April 26, 2022 – Logility, Inc., About Logility.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Inventory Management Software 130

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Optimal Sourcing 111

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Logility

AUGUST 16, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced its recognition as one of SupplyChainBrain ’s 2022 100 Great Supply Chain Partners. This year’s field of nominees was highly competitive and excellent overall, coming from all sectors of supply chain management.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Supply Chain Design Software Prescriptive Analytics Software 130

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. For reasons of climate change and profitability rewards, maintaining a more sustainable approach to the supply chain is obvious.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Supply Chain Game Changer

APRIL 27, 2022

Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! However, to have a profitable online selling business, it’s crucial to understand the importance of inventory management in eCommerce. However, automation alone may not be enough for a successful inventory management system.

Inventory Management Software 85

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Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Logistics Viewpoints

JANUARY 12, 2023

The supply chain industry is on a years-long digital transformation journey, and one of the key objectives that industry leaders almost universally aim to achieve is true end-to-end (E2E) visibility across their complex global networks of suppliers, partners and customers. So, what is true E2E supply chain visibility?

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Visibility Supply Chain Design Software Real-time Visibility 191

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. 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

The Logistics & Supply Chain Management Society

JULY 16, 2023

Resilience and Agility in Supply Chains: Navigating Change in a Dynamic World Feature Article by J eroen Hendriks , Director at Art of Supply Chain Sdn Bhd The global business landscape has become increasingly complex and volatile, posing significant challenges to supply chain management.

Agile and Lean Supply Chain 130

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Enterra Insights

JANUARY 31, 2022

For decades, the global supply chain has been a wonder. The Economist observes, “Supply chains encompass some of the most sophisticated forms of human endeavor.”[1] 2] Yet, as a result of current supply chain snarls, many pundits believe the global supply chain is completely broken.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply and Demand 130

Unleashed

JANUARY 31, 2023

In-transit inventory is a frequently overlooked aspect of inventory management and accounting for product businesses. What is in-transit inventory? In-transit inventory is products that have been shipped by the seller but have yet to reach the customer. Who owns in-transit inventory?

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Supply Chain Planning Software 98

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

SYSPRO Smarter ERP

DECEMBER 13, 2021

Inventory management was moving towards a just-in-time approach until the supply disruptions of the last year. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a re-assessment of practices and KPIs in order to keep goods flowing in a predictable and manageable way.

Inventory Management Software 122

Inventory Management Software Inventory Management Inventory Reduction Sourcing Strategies 122

Unleashed

JULY 12, 2023

Inventory is often the largest current asset in a business. Before you develop an effective inventory management strategy you need to understand what inventory is, its various types, and how it works in a business. What is inventory? Inventory is the stock of goods and materials currently owned by a business.

Inventory Reduction 52

Inventory Reduction Examples Inventory Material Savings 52

Logility

JANUARY 25, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, is committed to helping food and beverage, consumer packaged goods and durables, process manufacturing and fashion brands gain greater visibility, traceability and compliance within their supply chains. Logility, Inc., About Logility.

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Design Software Logility Supply Chain Network Software 204

Taulia

JULY 24, 2023

Supply chains are trending in the direction of complexity. While this shift has brought many benefits for companies, including the globalization of consumer demand, the increasing complexity of supply chains has also exposed new vulnerabilities. And it’s increasingly applicable throughout the supply chain.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Software Optimization Software Forecasting Software 88

Enterra Insights

OCTOBER 11, 2022

“Over the last fifteen years,” writes Lora Cecere ( @lcecere ), founder and CEO of Supply Chain Insights, “Sales and Operations Planning (S&OP) enjoyed a renaissance.”[1] Concurrent Planning refers to planning by multiple departments simultaneously with consistent objectives.

S&OP 130

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

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

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Inventory Reduction 79

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 79

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA as it is also referred to, has the capability to transform supply chain management. For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations. Inventory Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Enterra Insights

AUGUST 18, 2021

Many experts believe the Internet of Things (IoT) is poised to revolutionize supply chain operations. Steven Manifold, Chief Marketing Officer at Ubisense, believes the revolution has also been slowed by a lack of understanding on the part of supply chain professionals. Potential Supply Chain Benefits of IoT Solutions.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Arkieva

FEBRUARY 10, 2021

In this blog are some analyses based on the Pareto principle (or as is very commonly referred to as ABC analysis) that one can do in order to determine the alignment of the inventory with the overall needs of the supply chain.

Analysis 88

Analysis Inventory Supply Chain Planning Software Supply Chain Planning 88

QAD

MARCH 14, 2023

One way that companies can achieve their sustainability goals is by digitizing their supply chain operations. What is Supply Chain Digitization? Supply chain digitization refers to the use of digital technologies to improve the efficiency and effectiveness of supply chain operations.

Supply Chain Software 95

Supply Chain Software Waste Reduction Sustainability Resource Reduction 95

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

Logility

AUGUST 25, 2020

A quick scan of the Internet will yield a long list of “the biggest-ever supply chain disasters”. in inventory write-down and 20% drop in stock value. Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Supply chain cost per unit sold.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Logility

JANUARY 12, 2021

automating the digital transformation of supply chain optimization and advanced retail planning, invites you to the upcoming webcast: Roadmap to Overcoming Five Obstacles to Achieving Multi-Echelon Inventory Optimization. At the same time, supply chain teams must free working capital while delivering exceptional service.

Optimal Sourcing 130

Optimal Sourcing Logility Optimization Software Supply Chain Planning Software 130

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98