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

ShipBob

DECEMBER 13, 2023

The success of any ecommerce business depends greatly on how it manages its inventory health. Now, for some, inventory health may not be an immediate concern. You might say, “I’ll just order plenty of inventory and wait until it sells out.” What is inventory health?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

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

Unleashed

FEBRUARY 14, 2023

Let’s take a look at some of the manufacturing automation options available, their benefits, and current trends to consider. Automation in manufacturing refers to using technology and machines to perform specific tasks without the need for humans to intervene.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Supply Chain Design Software Examples 52

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

Arena Solutions

APRIL 4, 2023

With the expectations of landing an enticing career in the engineering/manufacturing sector, several trends and issues could impact your career path moving forward. With the expectations of landing an enticing career in the engineering/manufacturing sector, several trends and issues could impact your career path moving forward.

Manufacturing Procurement 73

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73

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

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

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52

Unleashed

OCTOBER 8, 2023

Accurate inventory accounting requires accurate data. Opening inventory, correctly calculated, is an essential figure for determining the costs and profitability of your business. It can be used to calculate the cost of goods sold and other useful inventory reports. What is opening inventory?

Inventory Reduction 52

Inventory Reduction Inventory Procurement Analytics How To 52

Logility

JANUARY 4, 2022

This provides businesses with demand analytics to plan and optimize operations more effectively, keeping organizations one step ahead of shifting supply and demand trends. For further information about risks the Company and American Software could experience as well as other information, please refer to American Software, Inc.’s

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

Unleashed

MAY 30, 2023

Anticipation inventory is the solution to this problem. Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. What is anticipation inventory? Anticipation inventory can be described as the inventory which is purchased in anticipation of expected increases in demand.

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

Unleashed

APRIL 18, 2023

Great inventory management comes down to good systems, good processes, and constant improvement. The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Logistics Viewpoints

JANUARY 22, 2024

Trends last for years. Omnichannel refers to the ability of a consumer to get products fulfilled to them in various ways. Historically, an OOM has access to all the company’s inventory. The system allocated which orders would get inventory from a given location to fulfill an order. Rules were used to make these decisions.

Supply Chain Optimization 233

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 233

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Unleashed

JANUARY 4, 2022

So what trends will we see in multichannel eCommerce in 2022 – and can SMEs leap on board with them? Read on for the 15 key multichannel eCommerce trends of 2022. Learn more: Guide to Effective Multichannel Selling What are the key trends in multichannel eCommerce for 2022?? We think so.

Trends 98

Trends Modeling Software Predictive Analytics Software Supply Chain Planning Software 98

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Enterra Insights

DECEMBER 12, 2022

”[2] As a result, business leaders need to know understand the trends driving the future of artificial intelligence. Below are a dozen trends experts believe will drive the develop of artificial intelligence during the coming year. Artificial Intelligence Trends. ” Trend 5. ” Trend 8. ”[3].

Trends 306

Trends Modeling Software Predictive Analytics Software Analytics Software 306

Logility

JUNE 2, 2023

They help minimize inventory, streamline purchasing, optimize distribution, and enhance production efficiency while ensuring the highest level of customer service. In this article, we’ll dive into four easy steps to sharpen your forecasting skills and optimize your inventory investments and deployments. Let’s get started!

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Supply Chain Opz

JUNE 23, 2014

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Enterra Insights

APRIL 23, 2018

Technologies generally emerge then drive trends. Trends often refer to how technologies are being or will used. ” Trends defining the next Industrial Revolution. 3] Hailey Lynne McKeefry, “ 10 Trends Shaping Manufacturing in the Next Five Years ,” EBN , 11 January 2018. [4] ” Footnotes. [1]

Supply Chain Design Software 100

Supply Chain Design Software Modeling Software Supply Chain Network Software Analytics Software 100

Supply Chain Shaman

JULY 25, 2021

To make the point, let me share an orbit chart for four industries (reference Figure 1). Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Reversing The Trend. How do we reverse the trend? The reason? A sales person should be selling.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

GlobalTranz

JANUARY 13, 2016

We have discussed how manufacturers are changing the landscape through surprising, innovative trends. For third-party logistics providers ( 3PLs ), logistics industry trends will dramatically affect how logistics providers of all sizes operate. The Internet of Things Will Increase and Benefit Real Time Inventory Management.

Trends 120

Trends Logistics Network Optimization Software Industrial Industry 120

Logility

AUGUST 18, 2022

WEG chose Logility’s sophisticated demand planning tool to support inventory replenishment on its distribution business in the United States. WEG stands out in innovation by constantly developing solutions to meet the major trends in energy efficiency, renewable energy and electric mobility. WEG’s net revenue reached R$ 23.6

Logility 130

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Network Software 130

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. The Importance of Inventory Replenishment. Lead time refers to how quickly the supplier can fulfill the order. Factors to Consider.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

Supply Chain Shaman

DECEMBER 27, 2022

McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I For reference, check out the testing on outside-in processes that will publish in Supply Chain Management Review in January.). It combines robotics, analytics, and the Internet of Things (IoT).

Supply Chain Software 403

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 403

Locus Robotics

JULY 12, 2022

14 Manufacturing Trends in 2022. Accessible Automation. According to the ABI Research 2022 Trend Report , a total of 45,000 collaborative robots (CoBots) and 452,000 mobile robots are expected to be shipped in 2022, a 65% and 51% increase from 2021. New manufacturing trends are seeing that balance flip. Mobile Robotics.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software 52

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

Logistics Viewpoints

APRIL 5, 2023

The majority of time when people are discussing digital transformation, they are not directly referring to the digital transformation of supply chains. Inventory Management Respondents report a wide variety of maturity levels for digital transformation initiatives in inventory management.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Inventory Management Software 246

SCMDOJO

FEBRUARY 6, 2024

The fast-evolving business trends and technologies bring new challenges to every organization. One of the essential steps to reduce the lead time is to manage inventories in every form like raw material, semi-finished products, and final goods. Experts define inventory as a necessary evil. Stay with us.

Inventory Management Software 83

Inventory Management Software Supply Chain Design Software Material Savings Inventory Reduction 83

ToolsGroup

JANUARY 19, 2024

Another notable aspect is the ongoing journey for organizations in navigating the learning curve associated with utilizing ChatGPT, often referred to as co-pilots, in their operations. 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

Enterra Insights

FEBRUARY 29, 2024

This so-called intercalary day, February 29, is commonly referred to as leap day. Although one extra day may seem insignificant, it can be a real hurdle for those who manage inventory, shipping schedules, and supply chains. They are: • Inventory Management. Seasonal trends get thrown off, too.

Supply Chain Planning Software 130

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

Logility

AUGUST 16, 2022

To achieve its growth goals, iNova needed to unify and synchronize its strategy for supply and demand planning, sales and operations planning (S&OP), and inventory management. References below to the Company means Logility, Inc. The platform approach was also a tremendous asset.”. About Logility. Forward-Looking Statements.

Supply Chain Planning Software 130

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

SYSPRO Smarter ERP

APRIL 24, 2023

Order fulfilment refers to the process of receiving, processing, and delivering an order to a customer. Using historical data and trend information, an ERP system can help to predict and plan for demand levels in order to keep adequate supplies in stock without creating problems of under- or over-stocking. What is order fulfilment?

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Logistics Viewpoints

JUNE 17, 2021

They must go beyond the standard delivery in transportation management, and consumers are pushing this trend forward. By definition, it refers to the handling of care used when moving products in which the movers or shippers literally wear white gloves to protect the product.

Transportation Management 194

Transportation Management Logistics Network Optimization Software Transportation Supply Chain Software 194