Nucleus Research: Inventory Optimization Value Matrix

E2open

Inventory optimization solutions are a key lever which can enable companies to streamline operations while maintaining service levels and freeing up working capital. The post Nucleus Research: Inventory Optimization Value Matrix appeared first on E2open® | Demand.

The Inventory Accuracy “Confidence Gap”

Talking Logistics

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy.

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Redefining Supply Chain Research

Supply Chain Insights

It is a research supply chain. When you fill out our surveys, and participate in our research projects, you give to us; and in return, we publish Open Content research, in front of the firewall/paywall for you to share with your teams.

Inventory Can Be Scary

ToolsGroup

“Your inventory problem is scary because you’re selling out before you can make new items to meet demand”. Many retailers agree that inventory can be scary. A recent IHL research report entitled $1.75 For example, say you have $5,000,000 of inventory at cost on hand.

3 Mistakes Organizations Make While Developing ABM Programs

While B2B research suggests organizations are thriving through successful ABM programs, getting just one campaign off the ground is more difficult than it seems. From building an account universe to understanding to orchestrating sales and marketing alignment around touchpoint and messaging, there are a number of variables to consider before launching a program.

Executive's Guide to Supply Chain Research

Supply Chain Opz

Many people think a supply chain research is boring and it is the ivory tower that they don''t need to climb. This article will show you why a research is relevant to you and how to study without damaging your brain! Background What is a research?

Is Inventory Waste or an Asset?

Supply Chain Shaman

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. Inventory is both.

Science of Supply Chain: Researchers Affirm Benefits of Eliminating Information Delays

The Network Effect

The post Science of Supply Chain: Researchers Affirm Benefits of Eliminating Information Delays appeared first on The Network Effect. Digital Supply Chain Supply Chain Management information latency inventory management science of theoretical minimums STM supply chain optimizationThe “Science of Theoretical Minimums” (STM) might sound dry and academic, but lurking within is a proven path to dramatic.

Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.”

Five Things You Need to Know about Inventory Optimization in the Digital Age

ToolsGroup

With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. This article will share five things you need to know about optimizing inventory in the digital age.

ChainLink Research: Making Allocations Smarter

Logility

This mentality is giving way to a more analytical approach, a granular view of inventory across the supply chain. Although the buyer may commit to a certain volume of product from the supplier, this does not mean they actually have to take possession of that inventory. With the growth of Omni-channel the need to have so much inventory in each and every location is reduced if you can provide the visibility of where in your network the available merchandise is located.

Segmenting Your Inventory by Gross Margin and Demand Variability

ToolsGroup

Source: Gartner Research. Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Lord calls this “situational inventory”.

Three Key Themes in the New Inventory Optimization Vendor Ranking

ToolsGroup

The 2018 Nucleus Research Inventory Optimization (IO) Value Matrix Report has just been released, and analyst Seth Lippincott identifies the latest technology trends, top inventory optimization solution providers, and the strengths and weaknesses of each vendor.

Inventory Obsolescence: It Can Get Complicated

ToolsGroup

The knack in today’s innovation economy is to understand how the value of a particular SKU deteriorates or its costs increase so that profit erosion can be factored into inventory optimization calculations. But correctly modeling inventory obsolescence is important.

Why probabilistic forecasting is better for inventory optimization

ToolsGroup

In this post we’ll explore how probabilistic forecasting not only creates better forecasts, but also improves inventory optimization by improving the stock levels at store and warehouse locations in your distribution network.

Inventory Management Remains Challenging

Enterra Insights

Every business person who deals with inventory management is involved in a balancing act. Keep too little inventory on hand and you risk losing sales and, on occasion, customers. Keep too much inventory on hand and the costs add up resulting in lower profits. It’s little wonder inventory management systems have gained popularity. ”[1] He adds, “Even with all this power, there are several disadvantages to inventory control worth considering.”

Omni-Channel Logistics Leaders: The Importance of Real-Time Inventory Visibility

Talking Logistics

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance.

What’s New in Inventory Optimization?

ToolsGroup

Principal Analyst James Cooke of Nucleus Research just published his 2016 Inventory Optimization Value Matrix which highlights this year’s key trends, including functionality and usability. He reiterates why his firm sees inventory optimization (IO) solutions as so important.

Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

At the session, we discussed why companies have not made more progress on inventory management. In the case of Apparel and Automotive industries there are slight improvements, but they have shifted inventories to suppliers. Days of Inventory Pre and Post-Recession.

ChainLink Research: Agile Retailer - Linking Allocation and Transportation

Logility

Further, they are designing dynamic supply chain practices that hold lower inventories while serving those distinct new markets and customers. Trade-offs between transportation and inventory stocking should be considered. Ann Grackin is CEO and co-founder of ChainLink Research.

Nucleus Research’s Annual Technology Inventory Optimization Value Matrix

Supply Chain 24/7

One Network identified as a leader with their AI-powered platform continuing to deliver value to customers - the complimentary report cites the company for connecting customers with upstream/downstream trading partners and meeting their end-to-end supply chain needs

Five Types of Inventory Optimization You Should Know

ToolsGroup

Inventory configuration is usually the predominant issue in most manufacturing environments. Inventory policy is usually the predominant issue in most distribution environments. This risk pooling approach frequently requires less inventory.

What is Inventory Carrying Cost?

EMERGE App

We spend hours researching and comparing the lowest possible prices for goods. But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? What is Inventory Carrying Cost? Why Do Businesses Carry Inventory?

Practicing Social Distancing while Keeping Inventory Moving during COVID-19 pandemic

PINC

Research firm Gartner , Inc. live/drop, type of inventory, type of equipment, load status, etc.). Through PINC’s yard management application, users access real-time yard inventory lists, count, and history information eliminating the need for yard checks.

Is Inventory Optimization a Key to Omnichannel Survival?

ToolsGroup

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost.

10 Commandments of Inventory Management

Supply Chain Opz

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.

SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

In my research, I find that the companies with the most progressive procurement processes also have the most advanced customer supply chain process evolution.)Without This included monthly reviews between business units and central operations teams and adaptive inventory segmentation policies.

Taking a Holistic View on Inventory May Lead to Change in Strategy

Talking Logistics

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions.

Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

By using data to stock items with higher forecasted demand, they can reallocate cash that would normally be tied up in poorly performing inventory, avoid margin erosion from markdowns and dead stock, and increase overall on-shelf availability metrics.

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MIT Research: The Effects of Dynamic Safety Stocks on Inventory and Service Levels

RELEX Solutions

RELEX was used to simulate the dynamic safety stock levels suggested by their research. A firm that manages items with varying importance throughout the year can use dynamic service levels to have the right inventory at the right time. The Right Inventory at the Right Time.

5 Traits of a Great Inventory Manager

Unleashed

Inventory management is key to the success of any business, big or small. As your business grows, good inventory management will become even more crucial, and you may need to hire an inventory manager who can dedicate their time to ensuring it all runs smoothly. Being a successful inventory manager requires a broad range of skills and know-how. In this article, we explore the key attributes and tasks required of a good inventory manager. Ordering new inventory.

Static Inventory an Untapped Source of Working Capital

Supply Chain @ MIT

Inventory management policies that fail to keep pace with shifting product demand can lock up valuable working capital, especially in volatile markets. By dynamically managing inventory without compromising service levels, companies can free up these unexploited reserves of working capital.

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ChainLink Research: Caribou Coffee’s Supply Chain Story

Logility

Ann Grackin and Bill McBeath of ChainLink Research recently published an article on Caribou Coffee’s supply chain. They started with demand planning, inventory planning, and replenishment planning, along with all the performance management functionality to drive their success.

ChainLink Research: Caribou Coffee’s Supply Chain Story

Logility

Ann Grackin and Bill McBeath of ChainLink Research recently published an article on Caribou Coffee’s supply chain. They started with demand planning, inventory planning, and replenishment planning, along with all the performance management functionality to drive their success.

Expert Research, What Happened with IMO 2020 Fuel Prices?

Aborn and Co.

Chris was director of supply chain at SharkNinja where he was responsible for procurement, inventory management, and new product development. An update on how things are developing with IMO 2020/VLSFO. .