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.

[PODCAST] Inventory Forecasting Lessons for Improved Supply Chain Network Optimization

Cerasis

Listen to “Inventory Forecasting Lessons for Improved Supply Chain Network Optimization” on Spreaker. The post [PODCAST] Inventory Forecasting Lessons for Improved Supply Chain Network Optimization appeared first on Transportation Management Company | Cerasis.

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Inbound Freight Trends for 2020: A Commitment to Improving Vendor Relations

Cerasis

The leading inbound freight trends for 2020 reveal a stronger push to improve inbound logistics efficiency and lower barriers to inventory management stress. Shippers that take time to understand these trends can position their organizations for success.

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11 Inventory Management Best Practices

Supply Chain Game Changer

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Use ABC Analysis to Categorize Your Inventory. Guest Blog Post Inventory Managemen

What is Inventory Forecasting?

EMERGE App

What is Inventory Forecasting? Wait, what has this got to do with inventory forecasting? So, for the majority of small and medium businesses, inventory forecasting is simply an inventory reordering strategy to ensure that your stock levels are in the Goldilocks zone.

Top 10 2020 Manufacturing Trends

IQMS

Bottom Line: 2020 manufacturing trends are driven by manufacturers’ strong confidence in their ability to deliver high-quality products that earn repeat orders while delivering excellent customer experiences.

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.

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.

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.

Omni-Channel Logistics Leaders: The Importance of Real-Time Inventory Visibility

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.

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.

Metrics that Matter: Inventory Effectiveness

QAD

The effective use of a manufacturer’s inventory investment is an important determinant of the company’s success. Excess and obsolete inventory is a drain on resources, as is excessive safety stock. Managing an Inventory Investment. Best Practices for Inventory Effectiveness.

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.

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 ?

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.”

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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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?

Trends 219

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.

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.

Top 5 Supply Chain Trends to Watch in 2020

OneSCM

Pre-Fulfillment and Distributed Inventory Reign. Manufacturers must be able to pre-fulfill orders and transport goods from within close proximity to the consumer in order to satisfy demand, increasing the need for distributed inventory and inventory management tracking systems.

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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.

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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Taking a Holistic View on Inventory May Lead to Change in Strategy

Talking Logistics

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions.

[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. Inventory Management Podcast Supply Chain Technology Warehouse supply chain technolog

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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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.

Trends 262

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.

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.

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. What is vendor-managed inventory? Let’s take a closer look at a vendor-managed inventory case study.

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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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

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.

Trends and Predictions 2020: Retail

Enterra Insights

”[3] Below are few of the retail trends and predictions provided by subject matter experts. Retail trends. Trend 1. ” Trend 2. ”[5] Susan Reda ( @Susan_Reda ), vice president of education strategy at the National Retail Federation, isn’t quite so sanguine about this trend. Trend 3. The trend is clearly towards same-day delivery. Trend 4. ” Trend 5.

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Inventory Management Remains Challenging

Enterra Insights

Every business person who deals with inventory management is involved in a balancing act. Keep too little inventory on hand and you risk losing sales and, on occasion, customers. Keep too much inventory on hand and the costs add up resulting in lower profits. It’s little wonder inventory management systems have gained popularity. ”[1] He adds, “Even with all this power, there are several disadvantages to inventory control worth considering.”

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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