Ecommerce Inventory Management: Why the Right Software is Key

Unleashed

Manufacturers and brick-and-mortar retailers have been using software to manage their inventory for years – but inventory management is even more important when you’re running a business that operates in the complex eCommerce space.

Inventory Planning Becomes More Interesting

The Smart Software

Just-In-Time (JIT) ensures that a manufacturer produces only the necessary amount, and many companies ignore the risks inherent in reducing inventories. So how can you execute a real-world plan for JIT inventory amidst all this risk and uncertainty?

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American Software to Present at the Jefferies Virtual Software Conference

Logility

ATLANTA, GA (September 3, 2021) – American Software, Inc. A live webcast of the presentation will be accessible via American Software’s website and archived for a limited time at www.amsoftware.com/investor-relations. About American Software, Inc.

32 KPIs That Drive Inventory Optimization

Silvon Software

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs.

American Software Reports Fourth Quarter and Fiscal Year 2022 Results

Logility

ATLANTA (June 8, 2022) American Software, Inc. million for the same period last year, and software license revenues were up 153% to $3.1 a wholly owned subsidiary of American Software, Inc., million for the same period last year, while Software license revenues were $5.4

The 10 Most Crucial Inventory Performance Measures for SMEs

Unleashed

There are a lot of inventory performance measures you could track. Explore our live inventory calculators and formulas page. In this article on inventory performance measures. Why use performance measures for inventory management?

The 2022 Labor Shortage: 4 Concrete Tactics to Combat Employee Turnover and Source Staff

ToolsGroup

Sarah Voorhees, VP of Demand and Inventory Planning at American Tire Distributors , is one such leader who emphasizes the importance of individual check-ins: A 1:1 conversation can be intimidating, though, especially if the person has sensitive concerns. Source: Fortune. #3:

Inventory Forecasting Explained: The 2022 Guide

Unleashed

A crystal ball sometimes wouldn’t go amiss in inventory forecasting. Here we explain the methods and formulas you can use to improve your inventory forecasting, and best practices for your business when designing and carrying out this process. Read more: What is Inventory Management?

Tips for Getting Executive Buy-in for Supply Chain Planning Software

ToolsGroup

Are you making an action plan of all the things you could do better and faster with your supply chain planning software when the next global crisis hits? What software features are required? Blog demand forecasting Featured inventory optimization

Inventory is Everything with Jeff Flowers

The Logistics of Logistics

Jeff Flowers and Joe Lynch discuss why inventory is everything. In 2016, Jeff partnered with Franklin Young to purchase PTI Security, a leader in Physical Access Control and with support from Source Capital, an Atlanta based Private Equity firm. Key Takeaways: Inventory is Everything.

17 Wholesale Software Features For SMEs To Look For

Unleashed

For any wholesale business, software has become critical to survival. So what should you keep an eye out for when you’re shopping around for wholesaling software? Learn more: Handle your wholesale orders with confidence Why is dedicated software so crucial for a wholesale SME?

How to Master Multichannel eCommerce Inventory Management

Unleashed

Here we explain what multichannel involves, why it’s so complex, and how you can give your multichannel operation a strong foundation with a robust inventory management system. What is multichannel inventory management? What inventory management challenges does this small business face?

15 Types of Manufacturing Software (+ Who Benefits from Each)

Unleashed

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? Source: g2.com 1.

Sourcing Priorities: Low Cost Geography or Domestic On-shoring?

Supply Chain Game Changer

For many years the predominant priority in sourcing has been finding the lowest cost possible. What is the appropriate sourcing strategy going forward? Geographic Sourcing History. Components and raw materials were generally sourced from low cost geographies.

American Software Reports Third Quarterof Fiscal Year 2022 Results

Logility

ATLANTA (February 23, 2022) American Software, Inc. million for the same period last year and software license revenues were up 87% to $1.0 million for the same period last year, while Software license revenues increased 30% to $2.3 About American Software, Inc.

Your Guide to RFP Software

EC Sourcing Group

Your Guide to RFP Software. RFP management software is your best friend if you’re trying to streamline your way through the sometimes-complicated process of the RFP (request for proposal) world. Read on to learn more about the best RFP software and what features you should consider.

Small Business Inventory Management – the 2022 Guide

Unleashed

For example if you’re running a product-based business then inventory management is essential. From inventory tracking and safety stock levels to assembly, purchasing and shipping, getting inventory management right will increase your chances of success.

How Promotions Planning Software Enables Collaboration That Pays Off

ToolsGroup

Promotions planning is challenging, but promotions planning software can help alleviate some of the common pain points companies face when they try to improve their forecast accuracy and increase promotions generated revenue.

Where to Start if You’re New to Procurement Sourcing Solutions

EC Sourcing Group

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Ideally, the right software can help with that. .

Here’s How to Make Your Next Supply Chain Software Evaluation Agile Instead of Agonizing

ToolsGroup

This will lead to a growing trend of businesses replacing older SC planning and execution software with modern SaaS technology (1). It’s time for supply chain leaders like you to take bold action to improve your supply chain software evaluation process. Other sources: 1.

How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently? IO uses powerful analytics to generate the right inventories to meet demand, address demand volatility, and achieve targeted service levels.

How AI is transforming manufacturing Part 2: Inventory management

SYSPRO Smarter ERP

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Inventory management in the supply chain. Raw materials, work in progress, and completed items are the three primary forms of inventories.

American Software Reports Second Quarter of Fiscal Year 2022 Results

Logility

ATLANTA (November 18, 2021) American Software, Inc. million for the same period last year and software license revenues were up slightly to $0.8 million for the same period last year, while Software license revenues were $1.3 About American Software, Inc.

American Software Reports First Quarter of Fiscal Year 2022 Results

Logility

ATLANTA (August 25, 2021) American Software, Inc. million for the same period last year, and Software license revenues were $0.5 million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement model.

Online Inventory Management: What it is and Why it’s Important

Unleashed

In this comprehensive guide to online inventory management, we’ll take a look at what it is and why your product-based business can’t do without it. Online inventory management for manufacturers. Online inventory management for retailers.

American Software to Present at the Sidoti Winter Virtual Small Cap Investor Conference

Logility

ATLANTA, GA (January 13, 2022) – American Software, Inc. A live webcast of the presentation will be accessible via American Software’s website and archived for a limited time at www.amsoftware.com/investor-relations. About American Software, Inc.

Sourcing Strategy: Effective vs Efficient with Ron Crabtree

The Logistics of Logistics

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. Key Takeaways – Sourcing Strategy: Effective vs Efficient. Single sourcing to drive price and increase influence (to a point).

How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently? IO uses powerful analytics to generate the right inventories to meet demand, address demand volatility, and achieve targeted service levels.

Inventory Management KPIs: Tracking What Matters Most

ShipBob

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. . 15 most valuable inventory KPIs to keep track of.

American Software to Announce Second Quarter Fiscal Year 2022 Financial Results

Logility

ATLANTA, GA (November 3, 2021) – American Software, Inc. A live webcast and replay of the call will be accessible via the investor relations page of American Software’s website at www.amsoftware.com/investor-relations. Webcast Title: American Software, Inc.

American Software Reports Fourth Quarter and Fiscal Year 2021 Results

Logility

ATLANTA (June 8, 2021) American Software, Inc. million for the same period last year, and Software license revenues were $1.2 million for the same period last year, while Software license revenues were $3.0 About American Software, Inc.

5 Inventory Management Tips for Manufacturing SMBs!

Supply Chain Game Changer

Featuring Our 10 Best Inventory Management Articles! Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Why is Inventory Management Important for Manufacturing SMBs? Our Top 5 Inventory Management Tips.

What to Look for in Procurement Software Solutions

EC Sourcing Group

Procurement software covers a lot of bases, and there are many facets to procurement management that could potentially be streamlined and automated if you haven’t done so already. Procurement Software Solutions: What Is Procurement Software? Have inventory management.

American Software Reports Third Quarter of Fiscal Year 2021 Results

Logility

ATLANTA (February 24, 2021) American Software, Inc. million for the same period last year, while Software license revenues were $0.5 million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement model.

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. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value. As we showed in a previous blog, it’s not the only way to segment your inventory, nor nearly the best. Inventory Optimization