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. It then uses this model to understand the impact of demand forecasting on inventory.

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. It then uses this model to understand the impact of demand forecasting on inventory.

The Major Trends in Warehouse Inventory Management for 2017

Descartes

That’s why you need to adopt and refine trends in warehouse inventory management. The post The Major Trends in Warehouse Inventory Management for 2017 appeared first on Appterra.

Inventory Management

LeanCor

Whether we like it or not, logisticians are staring two trends in the face: the increase of e-commerce and the desire to receive online orders in our hands right now. Inventory Management Strategy. Same Day Delivery: Eating the Elephant in the Room – One Bite at a Time.

Your Supply Chain Probably Has a Data Problem - Start There

Supply chain visibility gives a clear view of inventory and the. activities involved in the transport of that inventory. the trend for years.

Inventory Management in Service Logistics Industry

Talking Logistics

What is Inventory Management? For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. Inventory Management is about having a right balance of expectations from different functions of the supply chain.

Three Key Themes in the New Inventory Optimization Vendor Ranking

ToolsGroup

The 2018 Nucleus Research Inventory Optimization (IO) Value Matrix Report has just been released, and analyst Seth Lippincott identifies the latest technology trends, top inventory optimization solution providers, and the strengths and weaknesses of each vendor.

Inventory Management: Technology Enablers

Kinaxis

by Andrew Dunbar The modern day inventory manager described in this series is the backbone of your company’s inventory planning process. It should be up-to-date (daily at a minimum), and include all the input data required to make your inventory planning decisions.

Five Trends That Excite Me!

Supply Chain Shaman

Here I share insights on the work we are doing on the Network of Networks, and Five Trends that Excite Me. At this small session we will explore these new trends: What is the role of blockchain in the future of building value networks? Five Technology Trends That Excite Me.

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Digital Inventory Management Key Battleground in Transformation of Brick-and-Mortar Retail

Cerasis

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices.

The Logistics Trend Behind The Latest Trend

Freightos

The Logistics Trend Behind The Latest Trend. Are You Up With The Trends? Rapidly emerging trends demand a flexible supply chain that can harness new technology and find new efficiencies. More Than A Trend. Keeping Up With The Trends?

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[INFOGRAPHIC] Expert Reveals 7 Supply Chain Trends to Watch

Cerasis

Look at these 7 supply chain trends as a guide to better your supply chain today. In this article, Professor Burcu Keskin from University of Alabama will share 7 supply chain trends that working professionals should watch. Infographics Supply Chain Supply Chain Trends

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With Tariffs In Flux, Digital Inventory Technology Might Be The Solution To Holiday Bloated Inventory Levels

Talking Logistics

The tariff situation has companies in a quandary as they debate whether to “load up” on inventory now — to ward off the impacts of potentially-higher tariffs on imported goods — or hold off for now and hope that the political environment calms and things get to back to “normal.”

Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. Data Freight Omnichannel Transportation Management Trends

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What’s New in Inventory Optimization?

ToolsGroup

Principal Analyst James Cooke of Nucleus Research just published his 2016 Inventory Optimization Value Matrix which highlights this year’s key trends, including functionality and usability. He reiterates why his firm sees inventory optimization (IO) solutions as so important.

Inventory Metrics: From Insight to Action

Kinaxis

by Andrew Dunbar Over the last several weeks, this blog series on Inventory Management has explored the objectives and roles of inventory managers and outlined several of the improvement levers available to them. So, what do you need to measure to manage your inventory ?

[INFOGRAPHIC] 6 Logistics Industry Trends Set to Transform 2016 & Beyond

Cerasis

We have discussed how manufacturers are changing the landscape through surprising, innovative trends. For third-party logistics providers ( 3PLs ), logistics industry trends will dramatically affect how logistics providers of all sizes operate.

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Trends 2019: Retail

Enterra Insights

Retail trends. Omnichannel may not be one of the sexiest digital transformation trends in retail — but it is definitely the most necessary.”[3]. Omnichannel operations only succeed when inventory amounts and locations are known. Cognitive computing platforms, like the Enterra Enterprise Cognitive System (AILA ), can help companies with inventory management as well as myriad other challenges facing today’s retailers.

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2016 Trends in Logistics

PLS Logistics

Here are some trends you can expect in 2016: Real-time inventory management. As the New Year approaches, the logistics industry can look forward to advances. New technology continues to develop, supply chains will be even more influenced by consumers, and shipping costs will increase.

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The 7 Trends Shaping The Future of the Logistics Industry

Cerasis

Logistics industry trends have also not been left behind in the move towards a more technological future. . 7 Major Trends Influencing the Logistics Industry in the Future . It is now the standard to go ‘international, ’ and logistic solution providers have a role to play in enabling this trend through a transportation network. . This is now becoming a global trend. Logistics TrendsIn today’s society, technology has been changing at an unprecedented pace.

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Additional Data Reflects Inventory Overhang and Global Trade Contraction Concerns

Supply Chain Matters

Once more, there are concerning questions whether there is too much inventory overhang. Inventory Management Omni-Channel Commerce Supply Chain Impacts Sales and Operations Planning Supply Chain Strategy Transportation and Logistics blogs- independent anlaysis on supply chain and B2B business networks global supply chain inventory management trends global transportation trends Supply chain Matters blog

6 Recent Trends in Manufacturing Technology to Increase Agile Responsiveness, Continuous Improvement & Customization

Cerasis

A Quick Recap of Recent Trends in Manufacturing Technology to Think About 2017. Although apps and smart devices will make an impact in manufacturing technologies this year, a few other recent trends in manufacturing technology will dramatically redefine industry standards.

Inventory Management Levers – Success Through Collaboration

Kinaxis

by Andrew Dunbar So you’re an inventory manager, and your CFO just asked you to reduce inventory by 10% before year end to free up some capital for next year’s big investment in R&D. Figure 1: The theoretical on hand inventory level of a single item.

10 Commandments of Inventory Management

Supply Chain Opz

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations.

5 Key Trends Driving Supply Chain Innovation

Talking Logistics

Trend #1: Customers Buying Experience Not Products. 2 Real-time Network Inventory Control and Planning. Too often we think about inventory in a linear way. Trend #3: Serving Every Customer with their Own Optimized Micro Supply Chain. Will they share inventory?

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Peak Shipping Season: A Review of Trends from the 2018 Holiday Peak Season

Cerasis

It is that time of year again when we at Cerasis take a global view of what trends to expect in supply chain management throughout the remainder of the year. Meanwhile, inventory levels rose 3.6 Future posts to look forward to in the next weeks include: Broad logistics trends.

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[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.

Supplier Suspends Sales of Inventory to Major Retailer

Supply Chain Matters

Inventory Management Procurement and Sourcing Retail Supply Chain Supplier Management effects of elongated supplier payments Supply chain Matters blog trends towards supplier aggressivenessThis past August, this author penned a Supply Chain Matters blog commentary: The Newest Phase for Elongated Supplier Payments- More Aggressive Push Back.

Creating an Actionable Plan for Unlocking Working Capital with Inventory Optimization

Arkieva

For many companies, the term “inventory optimization” has become more of a catch phrase than an actual reality. The idea of cutting inventory costs while maintaining the same level of customer service is rather elusive. Hence, reducing the need for an excess in inventory.

Don’t Take a Holiday from Inventory Management

Talking Logistics

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Companies that have too much inventory on-hand right now are struggling to clear out space ahead of the season, slashing prices and concerning stakeholders as profit margins creep downward.

Top 5 Ways Inventory Tracking Technology Is Evolving

Cerasis

In fact, a recent survey of economic experts, reports Jeff Wacker of Retail TouchPoints, found up to 59 percent of retailers are making plans to invest in technology, which includes inventory tracking technology. Inventory Tracking Technology Leverages Internal and External Real-Time Data.

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

Cerasis

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story.

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. The election is over, but the race is just starting for logistics providers.

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Emerging Trends to Embrace for Retail Supply Chain Leaders

Supply Chain Network

I think this is an excellent opportunity to reflect on some key emerging retail supply chain trends to get everyone’s juices flowing again. Associations Conferences Definitions Education Emerging Trends New Ideas Retail Retail E-Commerce The SCM Company Third Party Logistics

6 Manufacturing Trends to Watch Out for in 2016

Cerasis

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. Manufacturing manufacturing trends