SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

Inventory Reduction 84

Inventory Reduction Analysis Material Savings Optimal Sourcing 84

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Orbit Chart for L’Oréal at the Intersection of Inventory Turns and Operating Margin.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

Logility

MAY 25, 2023

In today’s fast-paced and unpredictable global market, the secret to maintaining a competitive edge lies in a key area—robust inventory control techniques. Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. This is where inventory control techniques come in.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

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

QAD

NOVEMBER 28, 2023

However, the effectiveness of FTZs just got a lot clearer as the US released a five-year study on the operations and impact of the US FTZ program and similar FTZ-type programs in Canada and Mexico. Key Findings From the US FTZ Program Study 1. Then if it doesn’t enter this product into the US market, it does not owe any duties.

Study 86

Study Inventory Reduction Cost Reduction Strategies Mississippi 86

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. The study provides competitive analysis and ranking of the leading service vendors in the form of its SPARK Matrix.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

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 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

Demand Driven Technologies

JANUARY 11, 2022

But when the inventory piles up in your warehouse because you don’t have the other materials you need to manufacture your products? Frustrated by inventory inefficiencies, supply chain leaders at Ukrainian pet food. It’s hard to pass up a good deal from one of your preferred suppliers. That good deal starts to seem less attractive.

Inventory Reduction 52

Inventory Reduction Case Study Material Savings Inventory 52

ThroughPut

MARCH 28, 2024

As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! Detection of nutritional constituents and allergens in food, optimizing routes and schedules of food delivery, and inventory management are some of the other ways AI is helping the food production industry. billion in 2024.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

ToolsGroup

JUNE 19, 2018

Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. Much of inventory is a hedge against uncertainty. If you could predict your demand exactly you wouldn’t likely need as much inventory.

Optimization Software 197

Optimization Software Inventory Demand Planning Software Modeling 197

ThroughPut

MARCH 27, 2024

Every aspect of operations, be it managing the inventory, forecasting demand or fulfilling orders was dependent on human wisdom and intuition. Besides, AI is helping retailers optimize inventory, warehouse and pricing. AI-driven robots help improve in-store inventory tracking and management.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Supply Chain Brain

AUGUST 21, 2020

What does best-in-class forecasting and inventory management look like? Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind.

Forecasting 40

Forecasting Benchmarking Study Inventory Reduction 40

ToolsGroup

MAY 12, 2021

BOSTON, May 12, 2021 – A new study by ToolsGroup, a global leader in supply chain planning software , and the Council of Supply Chain Management Professionals ( CSCMP ) has found that only 3% of companies experienced no COVID-related business impact, and 42% of organizations say the pandemic has accelerated their digitization plans.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 156

Supply Chain Shaman

MARCH 21, 2024

In my forty years of studying supply chain planning, the groups became larger, but with questionable results. We explore the concept of holistic inventory strategies focused on the form and function of inventory. 85% of inventory decisions are not managed in Advanced Planning Solutions. Why am I telling you this story?

Inventory Reduction 389

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 389

Supply Chain Shaman

JANUARY 2, 2024

Many discussions focus on driving improvement through planning, yet, when I take the client case studies on the websites of leading planning technologies and map the intersection of operating margin and inventory turns, I do not see metric improvement, sustained performance, or an increase in value. As I write, I scratch my head.

Gartner 275

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 275

Talking Logistics

MAY 6, 2019

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. The Inventory Accuracy “Confidence Gap”.

Optimal Sourcing 137

Optimal Sourcing Real-time Visibility Inventory Logistics Network Optimization Software 137

ToolsGroup

OCTOBER 31, 2017

“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. Jill , Nike and H&M who missed sales projections, upset customers with out-of-stocks, and had to clear excess inventory through deep discounting. They are not alone.

Inventory Reduction 195

Inventory Reduction Inventory Forecasting Expense Reduction 195

Procurement Academy

MARCH 2, 2023

Employee feedback: 900 eLearning modules completed in 2 months 89% indicated great course satisfaction 92% rating the course content as ‘great’.

Case Study 52

Case Study Purchasing Training Negotiating Skills Study 52

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Talking Logistics

NOVEMBER 19, 2014

When you look at the potential benefits in inventory savings, freight savings, and on-time fulfillment improvements, it’s not that difficult to build the business case. I encourage you to watch the webcast to hear them tell their stories directly, but here’s an overview of A101’s case study. So, what’s been the problem?

Case Study 176

Case Study Optimal Sourcing Study Supply Chain Planning Software 176

ToolsGroup

JUNE 19, 2018

Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. Much of inventory is a hedge against uncertainty. If you could predict your demand exactly you wouldn’t likely need as much inventory.

Optimization Software 120

Optimization Software Inventory Demand Planning Software Modeling 120

Supply Chain Brain

APRIL 27, 2023

Huge growth in sales led to the need to optimize inventory, fulfillment and warehouse operations at Ecentria, say Michael Wohlwend, managing principal of Alpine Supply Chain Solutions, and Andrew Mironov, head of operations at Ecentria.

Case Study 98

Case Study Supply Chain Optimization Study Supply Chain 98

RFgen

MAY 2, 2019

The importance is based on companies’ needs in the chemical supply chain – from suppliers to downstream customers – to reduce inventory. A survey by LogiChem reported that 70% of the 200 supply chain executives surveyed said reducing inventory is their top priority.

Inventory Reduction 52

Inventory Reduction Chemicals Supply Chain Software Waste Reduction 52

RFgen

MAY 2, 2019

The importance is based on companies’ needs in the chemical supply chain – from suppliers to downstream customers – to reduce inventory. A survey by LogiChem reported that 70% of the 200 supply chain executives surveyed said reducing inventory is their top priority.

Inventory Reduction 52

Inventory Reduction Chemicals Supply Chain Software Waste Reduction 52

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

Supply Chain Opz

JUNE 1, 2014

Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

RFgen

JUNE 2, 2023

A New Perspective on Inventory Management Inventory management can feel like a constant game of cat and mouse—chasing after ever-changing demand while trying to balance stock levels. As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Software 52

ThroughPut

DECEMBER 1, 2023

What is Demand-driven Inventory Replenishment? Demand-driven replenishment is a strategic approach to inventory management that prioritizes aligning inventory levels with actual customer demand rather than relying solely on historical data or forecasts. Why Use Demand-driven Inventory Replenishment?

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

ToolsGroup

SEPTEMBER 25, 2019

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. BOSTON, Mass. and HOUSTON, Tex.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

RFgen

OCTOBER 14, 2020

Each scan transacts against the ERP in real-time, eliminating lag time and ensuring accurate inventory levels. In this article, we’ll explore top case studies illustrating how companies added mobile barcoding technology to get more out of their JD Edwards ERP investment. 50% Increase in Picking Productivity for Capstone Nutrition.

Case Study 85

Case Study Inventory Reduction Cost Reduction Strategies Study 85

RFgen

JUNE 22, 2023

Unlocking the synergy between consulting services, ERP systems, and inventory management is the key to creating a powerhouse of efficiency. Together, consulting and ERP complement each other to improve your inventory management system. Synergy with IM: Consultants bring outside perspective on how best to solve inventory challenges.

Inventory Management Software 73

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 73

QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. and bring inventory accuracy up to an impressive 99.9%. Inventory tracking is the most successful use case for RFID technology.

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

Supply Chain Shaman

MAY 15, 2023

If you would like to participate in a current research study, we would love your help and participation in the contract manufacturing study. Functional excellence throws the supply chain out of balance decreasing results on a balanced scorecard of growth, margin, inventory turns, customer service and ROIC (Return on Invested Capital).

Manufacturing Procurement 436

Manufacturing Procurement Optimal Sourcing Agile and Lean Supply Chain Supply Chain Planning 436

Unleashed

AUGUST 12, 2021

How food manufacturers are taking advantage of the alternative protein trend: A case study One recently launched New Zealand company, Food Nation , is proving a winner in the alternative protein space. The post Alternative Protein: A Food Manufacturers Guide [+ Case Study] appeared first on Unleashed Software.

Manufacturing Procurement 98

Manufacturing Procurement Case Study Food Study 98

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. Good food manufacturing software provides a means to track inventory in real-time, through every step of the supply chain. Why your food inventory management system is going stale. Working with fresh food.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Supply Chain Shaman

SEPTEMBER 3, 2015

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. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150