6 River Systems

MARCH 23, 2022

Warehousing and logistics management is constantly evolving. Managing a warehouse in today’s climate can be a challenge. As we near the end of Q1 2022, here are the top eight trends that continue to dominate the warehousing industry. This is up from 26% in 2021. This is up from 26% in 2021.

Warehousing 64

Warehousing Inventory Reduction Trends Cost Reduction Strategies 64

EMERGE App

DECEMBER 19, 2023

Inventory management is a tough task, especially when you’re starting out. There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market. Best Inventory Management Books of All Time: 1.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 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

ThroughPut

DECEMBER 1, 2023

With the unpredictable levels of demand fluctuations in today’s market, it’s crucial to effectively navigate the path to replenishment management in supply chains. What is Demand-driven Inventory Replenishment? Traditional systems maintain the water level (inventory) based on past rainfall data (historical demand).

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Supply Chain Manager Oversee all supply chain activities to ensure efficiency and effectiveness.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Enterra Insights

APRIL 4, 2018

” Taken as a whole, the issues raised by Monahan and Gott are enough to keep any risk manager awake through the night. ”[2] Those risks are: 1. … CaaS will slowly but steadily put everyone — enterprises, SMBs, individual businessmen, and personal Internet users — at an equal level of risk exposure.”

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Logility

MARCH 11, 2024

Our clients can take market insights and translate them into executable demand strategies creating a competitive advantage that lets them gain market share while managing through turbulent times.” We’re putting data-driven decision-making at the fingertips of everyone across an organization,” says Dow. Learn more at [link].

Logility 211

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 211

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Logistics Viewpoints

JANUARY 11, 2023

Top 20 Warehouse Automation Suppliers Worldwide ; Clint Reiser. ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. I picked a good time to cover what is now well-known to be a hot market consisting of many successful warehouse automation suppliers. billion in 2019.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

Supply Chain Shaman

SEPTEMBER 5, 2022

While many old-fashioned supply chain leaders speak of Risk Management and the need for Control Towers. 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.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Proper vetting of carriers helps ensure risk management, and creates?are

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Game Changer

JULY 28, 2020

It sounds beneficial on the surface but is it a realistic long term strategy? Every source of materials and components, every manufacturing facility, every warehouse and distribution channel, and every logistics mechanism is duplicated. To establish, manage and maintain a Supply Chain takes a lot of resource.

Material Savings 100

Material Savings Expense Reduction Resource Reduction Inventory Reduction 100

Supply Chain Matters

APRIL 4, 2024

Supply Chain Risk Management Provider Avetta Acquired Stockholm based private equity firm EQT has reportedly agreed to acquire supply chain risk management software technology and managed services provider Avetta from existing private equity owners Welsh, Carson, Anderson & Stowe ( WCAS ).

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

GlobalTranz

NOVEMBER 2, 2018

Warehouse managers must understand how to write a successful business case for a WMS focusing on all opportunities for return on investment , maintaining a stringent structure, and a few tips for streamlining the process. Warehouse managers will then move into the finances associated with implementation and its benefits.

Resource Reduction 169

Resource Reduction Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies 169

ThroughPut

APRIL 15, 2024

Supply chain forecasting predicts future demand for products and services, inventory needs, and production planning based on historical data, market analysis, and current trends. It enables businesses to meet customer demand without the excess cost of overstocking or the risk of stockouts. What is Supply Chain Forecasting?

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. The compelling case for investing in supply chain tech, now Bottom line, there’s plenty of market volatility and risk to go around. Faster order-to-cash.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

ShipBob

DECEMBER 25, 2023

It can happen simply due to ineffective planning, risk management, warehouse use, or sourcing strategies. It’s a form of supply chain digitization that ensures every element, from sourcing raw material inventory to product delivery, is coordinated and managed through a centralized platform.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Inventory Management Software Supply Chain Software 52

ModusLink Corporation

SEPTEMBER 1, 2023

But what does that mean for future strategies in procurement ? Let’s consider the challenges and define a few strategies to help. Let’s think back on demand forecasting and warehousing management. Ongoing Optimization Shippers must optimize their procurement strategies.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

GlobalTranz

FEBRUARY 4, 2019

Omnichannel sales result in an extensive level of communication and analysis of inventory across dozens, if not hundreds, of physical locations, warehouses, and distribution centers. In turn, shippers will leverage data to access new inventory strategies, such as just-in-time order fulfillment, cross-docking and more.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

SCMDOJO

JUNE 6, 2023

This helps them optimize inventory levels and avoid overstocking or understocking. This has proven to improve cash flow since businesses avoid extra costs by excess inventory supply, and they also avoid not having enough products on hand. They can avoid bottlenecks and inventory shortages. What is JIT inventory management?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Opz

NOVEMBER 9, 2014

percentage of second-tier suppliers who follow a certain risk management or IT standard”). Therefore, a firm would be well served to develop a supply chain strategy as described in my book: Supply Chain Transformation. It is safe to say that if a warehouse operation is not implementing Lean, it is falling behind its competition.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

GlobalTranz

APRIL 13, 2021

Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Preparing your supply chain for resiliency begins with risk management and a proactive strategy. It’s not enough to have a Plan B, just in case. Overcoming Supply Chain Disruption.

Supply Chain Disruption 205

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 205

Logistics Viewpoints

APRIL 22, 2021

alternate sourcing strategies), while others are potentially negative (e.g. We are now seeing an increase in the use of automation, not just within a TMS or WMS, but the digital coordination across all phases of logistics, from shipper to broker to carrier to warehouse. fewer commuting miles driven), some largely neutral (e.g.

Supply Chain Disruption 327

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Sustainability 327

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Vinculum

APRIL 18, 2022

Managers and companies see the supply chain as a wave of change that implies new methods of operations and strategies. Krumland reveals how organizations that invested in long-time partner relationships helped manage crises versus those that went from sports markets to business. Risk management is still important .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Agile and Lean Supply Chain 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

the authors identified that the first step to developing an effective supply chain strategy is to consider the nature of the demand for your companies’ products. How do you reduce excess inventory if the innovative product is not popular? In the Harvard Business Review article entitled What Is the Right Supply Chain for Your Product?,

Agile and Lean Supply Chain 130

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

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. Major supply chain risks in the Middle East. Since the past five years, the globe has been witnessing a broken trade environment with increasing economic nationalism, trade tensions, complex trade risks, trading blocs etc.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

GlobalTranz

NOVEMBER 23, 2015

This is our 9th post in our strategic transportation management and logistics series. When selecting a transportation mangement 3PL to aid you in a robust and effective transportation management strategy , defining the rules of engagement is critical to success. Constantly Think About Risk.

Inventory Reduction 120

Inventory Reduction Transportation Management 3PL Price Mitigation Strategies 120

Supply Chain Matters

JUNE 21, 2022

As inventory-to-sales ratios dropped to near record lows, inter-modal logistics networks were forced to try to manage and synchronize essentially just-in-time material movements which were out of sync in many important dimensions. Rising Costs of Warehousing. Warehouse vacancy rates reportedly fell from 5.1

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

GlobalTranz

DECEMBER 21, 2018

Better risk management strategies. Improved inventory management, reducing instances of overstocking and under stocking. Retailers and warehouses must work to please more customers, stay competitive with Big Box retailers and Amazon, and still create a unique customer experience. End-to-end visibility.

Omnichannel 184

Omnichannel Vendor Strategies Resource Reduction Inventory Reduction 184

Enterra Insights

FEBRUARY 2, 2023

Another widespread response to recurring supply chain challenges has been a change in supply chain strategy. Nearly two-thirds (64%) say they are moving from a ‘just in time’ supply chain to a ‘just in case’ supply chain by increasing the amount of inventory they store.” ” Friend-shoring. .”

Supply Chain Software 130

Supply Chain Software Agile and Lean Supply Chain Material Savings China 130

Turvo

JANUARY 26, 2021

Warehousing, in particular, has seen many advances using available ERP data.” The so-called “chaotic” storage approaches are an example of this changing approach where the use of warehouse space is better managed to improve worker efficiency. That’s the power of advanced analytics.

Analytics Software 73

Analytics Software Supply Chain Design Software Forecasting Software Optimization Software 73

SYSPRO Smarter ERP

APRIL 13, 2022

Supply chain survival strategies that manufacturers and distributors can leverage. In the long-term, supply chain leaders must increase resilience by balancing investments in dedicated teams, processes and technologies that will enable their organizations to implement end-to-end risk management.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

Elementum

FEBRUARY 7, 2024

Inventory Management: Precision and Efficiency through Automation AI and ML transform inventory management by predicting stock levels, automating reorder processes, and optimizing warehouse organization. An increase in overall organizational productivity often follows a well-implemented automation strategy.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

SCMDOJO

DECEMBER 28, 2023

You need to integrate your supply chain management systems to meet this demand. This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels. Having clear visibility into inventory is critical for omnichannel fulfilment. billion operational IoT devices by 2030.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 74