Why Omnichannel Supply Chain Success Depends on Inventory Optimization

Cerasis

All businesses want to achieve success, but omnichannel supply chain success requires a comprehensive level of oversight and control in your operation. However, inventory optimization can solve these challenges. What’s Wrong With Current Inventory Optimization Processes?

Supply Chain Inventory Optimization – Beyond the Analytics

Cerasis

While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. With 7 percent of America’s gross domestic product (GDP) tied up in inventory, reports the 21 st Century Supply Chain Blog , your organization must go beyond the analytics and understand the broad impact of analytics in your company. Supply Chain Warehous

Inventory Management Mistakes: What Supply Chain Leaders and Managers Need to Know

Cerasis

Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net, the costliest problem is due in large part to poor inventory visibility and planning.

Using Technology to Improve Inventory Management

Cerasis

Using technology in the warehouse is one of the most effective ways to improve inventory management and reduce returns. Since returns represent a significant cost to companies, it is imperative for retailers to take steps to improve inventory management and manage returns.

Your Supply Chain Probably Has a Data Problem - Start There

A Blueprint For Supply Chain Transformation The Data First Approach Introduction Over the past few decades, supply chains have evolved from a sub-function. The businesses that optimized their supply chain operations to deliver on. supply chain is data.

[PODCAST] The Role of Supply Chain Technology for More Effective Inventory & Warehouse Management

Cerasis

Listen to “The Role of Supply Chain Technology for More Effective Inventory & Warehouse Management” on Spreaker. Supply Chain Technology Downloadable Resources Why Blockchain will Create Extreme Supply Chain Management Optimization Download White Paper A Guide to Maximize the Use of TMS Download White Paper The Digital Supply Chain: The Landscape, Trends, Types, and the.read More.

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.

Supply chain inventory optimization – Beyond the analytics

Kinaxis

by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. The equivalent of 7% of America’s GDP is tied up in inventory, and accounts receivable and payable.

Infographic: Digital Transformation in Supply Chain Planning

ToolsGroup

ToolsGroup and Spinnaker asked supply chain professionals how they’re formulating their digital strategies for 2020. Blog demand forecasting inventory machine learning supply chain planning

How BT is Building a Connected Supply Chain Amidst Ongoing Transformation

AIMMS

Behind the scenes, BT Supply Chain has been the backbone of the company’s operations for 30 years, making sure customers get the best experience. In recent years, BT Supply Chain underwent a transformation to provide its services to businesses using the company’s existing network.

Key Questions for a Successful Distribution Network

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

If we're going to offer the speed of shipping and variety of inventory that today's customers have come to expect, there are a lot of different questions that need to be asked. How to gain end-to-end visibility into any causes of delay in your global supply chain.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. First, great supply chains are agile. Supply Chain Planning.

Five Reflections From Supply Chain Planning Benchmarking

Supply Chain Shaman

In my work with Supply Chain Insights , I immerse myself in learning. I continually question my long-held beliefs on supply chain excellence. . When readers finish a Supply Chain Shaman blog, I want to drive a set of unique takeaways.

How Supply Chain Inventory Optimization Minimizes Costs

Descartes

Many companies struggle with supply chain inventory optimization. They need to overcome distributed data and inventory, navigate complex networks of locations, and manage configurations of thousands of parts. Inventory management is the.

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

I feel that topic of supply chain management is analogous to the downward cycle of the news channels. What Drives Supply Chain Excellence? I analyze supply chain management. They lack of a standard definition for supply chain excellence adds to the confusion.

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030.

[PODCAST] Why Digital Tools to Optimize Inventory Management Allows Supply Chain Execs to Stay More Strategic at Every Link in the Supply Chain

Cerasis

On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. What is the future of digitization as it relates to inventory management.

Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

Time For A Supply Chain Check-Up? When a company contacts me to help them with their supply chain, the pain is usually a gap in customer service. To complete a supply chain diagnostic, I take these four steps: Step One. inventory turns.

End to End Supply Chain Visibility - Solving The Data Problem

looking to transform their supply chains. supply chains with data and gaining better. visibil ity of your supply chain. entire supply chain so that you can see. inventory more clearly, you can see. biggest oppor tunity in supply chain.

Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

Cerasis

Supply chains are messy. Blockchain in Supply Chain Can Help. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The inefficiencies that plague supply chains have seemingly been around forever. Provenance ensures transparency in supply chains, with the aim of encouraging brands to source materials and labor in an ethical and fair trade manner. Supply Chain

Wanted: Supply Chain Architects!

Supply Chain Shaman

Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts. Figure 1: Definition of the Supply Chain Organization.

Gaining Clarity on Inventory Effectiveness

Supply Chain Shaman

I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. The tension I felt reading the brochure on the plane is what I believe every supply chain leader feels every day.

Is Inventory Waste or an Asset?

Supply Chain Shaman

Next week is the annual Supply Chain Insights Global Summit , and summit preparation is on my agenda for the weekend. We feel so strongly about this that we do not have an inventory planning role.” His feeling was that inventory is an asset to manage.

Supply Chain: The True Game of Risk

Supply Chain Shaman

For the supply chain leader it is not a game… The stake is business continuity. Gamers do well in the world of supply chain. Designing value networks and managing what-if conditions is fundamental to managing supply chain risks.

How to Make Supply Chain Complexity Work to Your Advantage

ToolsGroup

With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. So what’s the secret of making supply chain uncertainty work for you?

How To 249

Frock Stocks & FMCG Supply Chain Inventory Decisions

Enchange Supply Chain Consultancy

Customer service FMCG Pharma Inventory Management & Stock Control Supply Chain Analytics

Supply Chain Visibility: Beyond “Where’s My Truck?”

Talking Logistics

I’ve been an industry analyst for over 20 years and achieving timely and accurate supply chain visibility has always been — and continues to be — a top priority for companies across all industries. The Maturing of the Supply Chain.

Quantum Inventory Theory?

The Smart Software

Weird as these phenomena are, I cannot help seeing analogs in the supposedly different world of supply chain management. The post Quantum Inventory Theory? Physics at the quantum level is quite weird – not at all like what we experience in our usual macroscopic life.

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. Long-tail demand complexity has completely changed how we optimize inventory.

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.” Digital Supply Chain.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

Social media awash with pictures of supply chain professionals attending the Lady Gaga event at SAP’s Sapphire, celebrating with drinks at the Gartner event, or rocking to the ZZ Top performance at JDA’s Icon conference trumpeted excitement. Shortening Supply Chains.

Multi-echelon inventory optimization vs inventory optimization

ToolsGroup

Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft and I collaborated on a blog introducing the basic concept of MEIO, comparing it with Inventory Optimization. Inventory Optimization

Congratulating the Supply Chains to Admire Winners

Supply Chain Shaman

This afternoon, I poured myself a cup of tea to pen congratulation emails to the Supply Chains to Admire award winners. Each year, based on feedback from supply chain leaders, we refine the methodology. Supply Chains to Admire Award Winners.

Why Omnichannel Supply Chain Success Depends on Inventory Optimization

Veridian Solutions

All businesses want to achieve success, but omnichannel supply chain success requires a comprehensive level of oversight and control in your operation. However, inventory optimization can solve these challenges. What’s Wrong With Current Inventory Optimization Processes?

Inventory Management in Service Logistics Industry

Talking Logistics

What is Inventory Management? The answer varies from function to function in the supply chain. For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. Is there a common trend in inventory management?