Logistics Viewpoints

DECEMBER 18, 2024

AI-powered warehouse management improves inventory flow and reduces waste. Implement technologies incrementally to manage costs and training needs. Workforce Training: Equip employees with the skills and knowledge needed to implement sustainable practices effectively.

Optimal Sourcing 261

Optimal Sourcing Supply Chain Design Software Material Savings Supply Chain Planning Software 261

Supply Chain Shaman

JANUARY 7, 2025

Compared to peer group performance for 2013-2023, 59% of the Gartner Top 25 score below their peer group on average revenue growth, 41% below inventory turns, and 41% below their sector on invested capital. Align the organization in 2025 to a balanced scorecard of growth, operating margin, inventory turns, ROCE, and order fulfillment.

Optimal Sourcing 367

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 367

Logistics Viewpoints

NOVEMBER 4, 2024

We are no longer just forecasting demand but also when trucks and factory machinery are likely to break down ( predictive maintenance ), the optimal amount of inventory to hold and where it should be held ( inventory optimization) , and labor forecasting in the warehouse. The humans label the pictures as dog, not dog, or unclear.

Supply Chain Planning Software 307

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 307

Logistics Viewpoints

NOVEMBER 20, 2024

Investments in automation have helped mitigate hazardous conditions, while safety training programs empower workers to recognize and address risks. Technologies such as artificial intelligence, IoT, and predictive analytics enable smarter inventory management, real-time tracking, and predictive maintenance, reducing waste and costs.

Waste Reduction 296

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 296

Logistics Viewpoints

MARCH 27, 2025

More broadly, AI can be deployed across functions to shift inventory, switch transportation modes, find new carriers, communicate across functions and regions with customers and partners, and otherwise deliver a smart, collaborative response. For most supply chain and logistics teams, their execution options are not limitless.

Supply Chain Planning Software 327

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 327

Enchange Supply Chain Consultancy

JUNE 10, 2025

Do Invest in Distributor Capability Building : Provide training, digital tools, and performance incentives. Do Embrace Technology and Data : Use real-time data for demand forecasting, inventory management, and route optimization. As part of the workshop, we are developing a list of Do’s and Don’ts related to Distributor Management.

Waste Reduction 165

Waste Reduction Vendor Strategies Inventory Reduction Cost Reduction Strategies 165

Logistics Viewpoints

OCTOBER 23, 2024

These practices focus on collaboration, training, data management, and continuous optimization to ensure the DPP system is effectively integrated and maintained. Invest in Training and Education Comprehensive training programs are essential to ensure employees understand both the technical and regulatory aspects of DPPs.

Resource Reduction 291

Resource Reduction Vendor Strategies Inventory Reduction Price Mitigation Strategies 291

ToolsGroup

APRIL 17, 2025

Traditional demand forecasting methods often fall short, resulting in inefficiencies, excess inventory, and lost revenue. Machine learning is transforming the demand planning process, enhancing demand forecast accuracy, optimizing inventory management, and strengthening supply chain resilience.

Forecasting 156

Forecasting Modeling Supply and Demand Optimal Sourcing 156

Procurement Academy

JANUARY 30, 2025

This is where digital procurement training comes in, and were going to discuss what it is, how your company can do it, and how to deal with any roadblocks that may get in your way. Developing strong technical skills within your staff all starts with appropriate training.

Buyer Training 52

Buyer Training Purchasing Training Optimal Sourcing Price Mitigation Strategies 52

Supply Chain Shaman

NOVEMBER 21, 2024

Yawn and walk on if the answer is i mproving demand error or reducing inventory levels. How do I train and maintain the logic?” The questions to ask are, “How does the improvement of engines improve work? How do you know you have a better outcome or decision?” Using deep learning and other techniques, the agents drive insights.

Supply Chain Planning Software 396

Supply Chain Planning Software Modeling Software Modeling Supply Chain Network Software 396

Procurement Academy

FEBRUARY 25, 2025

Proper execution of cross-functional training can turn siloed departments into unified and efficient teams; equipping employees with the right skills to collaborate seamlessly across organizations. Of course, the right training is key to the success of such initiatives, and can have a measurable impact on supply chain performance.

Buyer Training 52

Buyer Training Supply Chain Performance Price Mitigation Strategies Optimal Sourcing 52

Supply Chain Shaman

JULY 31, 2024

In our work with Georgia Tech using data from 1982-2023, we find that the R² of the Regression analysis of Cost-of-Goods Sold/Inventory Turns when compared to correlations of Operating Margin/Inventory turns to Market Capitalization/employee is 40-65% lower. The focus needs to be on testing, training and organizational design.

Supply Chain Planning Software 413

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 413

ToolsGroup

JANUARY 21, 2025

Returns Management and Integration With 35% of online purchases being returned, predominantly to physical stores, retailers are grappling with the ripple effects on inventory management. Early adopters of these integrated platforms report significant improvements in inventory turnover and reduction in stockouts.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Inventory Reduction Price Reduction 156

Logistics Viewpoints

APRIL 14, 2025

Demand Forecasting: Algorithms improve procurement planning by integrating live inputs like point-of-sale data, promotions, inventory levels, seasonality, and even weather data. Exception Management: AI tools flag delayed, misrouted, or damaged shipments and recommend responses such as automatic rescheduling or inventory reallocations.

Optimal Sourcing 225

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 225

Logility

JANUARY 30, 2025

Supply chain managers can identify patterns and trends, leading to more accurate demand forecasts and optimized inventory levels. Companies must ensure the right inventory, at the right place, at the right time, and at the right cost. Now, the next step is to train personnel to work with and train AI models.

Modeling 130

Modeling Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 130

Supply Chain Game Changer

JUNE 9, 2025

And for those in the business of training the next generation of divers, mastering these logistics is essential. Sourcing Specialized Equipment Every scuba training center starts with the same foundation: gear. Managing Inventory and Repairs Once the gear is in-hand, the real work begins. Treat it as your competitive edge.

Optimal Sourcing 87

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Education 87

RFgen

JANUARY 16, 2025

That’s where manufacturing inventory management software comes in. In this ultimate guide, we’ll break down everything you need to know about manufacturing inventory management software. Its your single source of truth for inventory, constantly updated and readily available.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

Supply Chain Shaman

MARCH 21, 2024

Training ensued, and the expectation of changing work was shared. 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. Only 15% of inventories are safety stock. I think that the answer is no.

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. Essential technology solutions, including Warehouse Management Systems (WMS), Inventory Management Systems (IMS), and the transformative power of IoT and automation.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

RFgen

NOVEMBER 20, 2024

Think about it: How much time is wasted hunting down misplaced inventory? These include: Barcode Scanning Devices: These handheld devices, equipped with integrated inventory management apps, enable real-time tracking and data entry. Think real-time inventory visibility across all your locations.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Waste Reduction Cost Reduction Strategies 98

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. A guy by the name of Gary trained me. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. The end result? The reason?

Supply Chain Planning Software 343

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 343

Logistics Viewpoints

FEBRUARY 27, 2025

TTR-TTS Framework TTR (Time-to-Recover) represents the time needed to restore supply after a disruption, while TTS (Time-to-Survive) is the duration a company can continue operations before running out of inventory. Secure alternative suppliers and emergency inventory for high-risk categories.

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 241

Logistics Viewpoints

DECEMBER 5, 2023

Assess Third-Party Vendors: Warehouse and DC operators often work with third-party vendors for logistics and inventory management. Protect Protect focuses on mitigating cybersecurity risks through a range of measures, including employee training, access controls, encryption, firewalls, and other security technologies.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Inventory Management Software 312

Logistics Viewpoints

APRIL 27, 2023

Plan for training – An implementation will save you money and give you a competitive edge, but only if your employees know how to use the new system. Don’t be afraid to advocate for and invest in training to ensure a seamless transition. For example, monthly subscription fees, any software support charges, and data migration fees.

Supply Chain Planning Software 282

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 282

ToolsGroup

SEPTEMBER 4, 2024

In the fast-paced world of retail, every decision counts—especially those related to inventory management. Stockouts are one of the most direct and visible consequences of poor inventory management. While it might seem safer to have too much stock than too little, the hidden costs of excess inventory can add up quickly.

Inventory Management Software 156

Inventory Management Software Inventory Reduction Cost Reduction Strategies Inventory Management 156

Logistics Viewpoints

FEBRUARY 17, 2025

Improved inventory accuracy in the warehouse Because of the increases in picking efficiency, workers were freed up for new tasks. Fleet Feet created an inventory coordinator team that focuses solely on inventory accuracy. DCs inventory accuracy now exceeds 99.5%. Better inventory accuracy also improves procurement.

Logistics Network Optimization Software 181

Logistics Network Optimization Software Optimization Software North Carolina Optimal Sourcing 181

Logistics Viewpoints

JUNE 10, 2024

Most of the new in-context GenAI solutions have been pre-trained on 200,000 pages of SAP’s training and technical documents. Further, when users do not follow the recommendations or note that the answer provided is not accurate, their feedback can lead to further training for the AI model.

SAP 325

SAP Supply Chain Planning Software Modeling Logistics Network Optimization Software 325

AFFLINK

JANUARY 13, 2025

For businesses with seasonal inventory, estimating yearly demand fluctuations with reasonable accuracy can be both challenging and costly. After all, over-estimating can lead to inventory surplus and associated warehousing costs. Under-estimating, on the other hand, can mean significant losses in revenue.

Predictive Analytics 48

Predictive Analytics Inventory Reduction Inventory Management Software Procurement Analytics 48

RFgen

MAY 28, 2025

In this guide we walk through the essential steps to design a layout, implement labeling and slotting strategies, manage inventory with lean principles, and adopt technology solutions that keep operations agile. Balance lean inventory with resilience to supply chain disruptions. Inventory planning informs space and labor allocation.

Inventory Reduction 89

Inventory Reduction Warehousing Supply Chain Design Software Inventory Management Software 89

Logistics Viewpoints

AUGUST 7, 2023

It was an IT-led implementation where a planning model was developed, the solution implemented, and then planners – who had not been sufficiently prepared and trained – were expected to use a system significantly different from the legacy systems they were familiar with. Implementing supply planning solutions is hard. Count them!

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 241

Enchange Supply Chain Consultancy

JULY 3, 2024

Ensure they have the necessary inventory, marketing materials, and training to effectively introduce your products to the market. Track metrics such as sales volume, market share, inventory levels, and customer satisfaction. Utilize inventory management tools and techniques to optimize stock levels.

Inventory Reduction 263

Inventory Reduction Supply Chain Planning Software Material Savings Price Mitigation Strategies 263

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain. It is hard to change an industry.

Supply and Demand 431

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 431

Logistics Viewpoints

APRIL 7, 2025

Static workflows based on outdated assumptions are no match for todays rapidly shifting inventory demands. Network Design: Strategy Without Simulation Designing a modern supply network is a balancing act between service level, inventory positioning, and total landed cost. Validate assumptions against real-world outcomes, then refine.

Sourcing Strategies 209

Sourcing Strategies Modeling Supply Chain Design Software Supply Chain Planning Software 209

Logility

MARCH 21, 2024

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more. trillion parameters.

Optimal Sourcing 227

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 227

Procurement Academy

JANUARY 7, 2025

Typical resilience practices, such as developing a diverse supplier base or implementing strategic inventory management , can help businesses avoid unexpected high costs associated with sudden shortages and delays. Investing in training has been proven to enhance decision-making, foster adaptability, and improve operational efficiency.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Optimal Sourcing 90

RFgen

DECEMBER 19, 2024

Training Requirements: Introducing new equipment and processes necessitates workforce training to ensure smooth transitions and maintain productivity. Material Flow: Optimize material flow patterns to accommodate increased volume without creating bottlenecks or excessive inventory.

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

Supply Chain Shaman

FEBRUARY 26, 2024

In today’s training class, we focused on determining the balanced scorecard. The implementation of NoSQL for inventory management gives them an inventory signal with little to no process latency. Using network design technologies calculate the form and function of inventory. Analyze inventory health.

Modeling 273

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 273