Gaining Clarity on Inventory Effectiveness

Supply Chain Shaman

The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. Companies invest in project after project, yet inventory levels remain the same.

New Video by MHI: Inventory Robotics and Cycle Counts

PINC

Learn more about these 3 technological aspects of indoor drones in this short video produced by MHI. Navigation, power, and safety. digital disruption supply chain logistics digital supply chain drones MHI

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Top Talking Logistics Videos and Posts in 2018

Talking Logistics

In the meantime, in case you missed them the first time around or want to watch/read them again, below are the most popular Talking Logistics posts we published this year and the video episodes we aired during the second half of the year. Talking Logistics Video Episodes (Second Half of 2018).

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Is Inventory Waste or an Asset?

Supply Chain Shaman

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. Inventory is both.

My Video Call with Santa Claus

Logility

Read A Phone Call with Santa Claus ) Our conversation must have had an impact because this year Santa sent me an invite for a video call to discuss their progress and ideas around next steps. The time came for our video call and we spent a few minutes catching up.

Video 141

Video Podcast: Starting the Inventory Optimization Journey

Logility

One of our resident inventory optimization experts, Chris Russell, recently spoke with Greg Novitsky, global supply chain analyst at Celanese about the journey to optimize inventory.

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[Video] Barcode Labeling History: The Future of Barcodes

Loftware

Retailers use them to keep inventory and give us accurate price readings when we shop. Video LabelingToday, barcodes are everywhere. Manufacturers and warehouses use them to track products as they move through the supply chain.

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Is Poor Inventory Performance Holding You Back?

Kinaxis

by Alexa Cheater Our partner Celestica recently published the following article, ‘ Is your company being held hostage by poor inventory performance? ’ Poor inventory performance can create a significant obstacle to growth and profitability.

Smart Inventory Planning & Optimization to be Showcased at Epicor Insights Copy

The Smart Software

Epicor Software to profile Smart's cloud inventory planning and optimization solution at annual user conference. The post Smart Inventory Planning & Optimization to be Showcased at Epicor Insights Copy appeared first on Smart Software.

Consignment Inventory Management For Dummies

EMERGE App

So you just witnessed how consignment inventory works. What Exactly is Consignment Inventory? Pros and Cons of Consignment Inventory. The supplier absorbs the risk of the inventory’s value being stocked and displayed in the retailer’s store.

[Video] Kinaxis – Revolutionizing supply chain planning

Kinaxis

by Melissa Clow This blog is part of a video interview series. Check out the video below as well as links to other supply chain practitioner and Kinaxis executive interviews. If I’m the demand manager, for example, my simulation is not about inventory but demand.

Leveraging AI to Minimize Markdowns [Video]

Supply Chain Nation

By gathering real-time demand data — and combining it with data on current inventory levels and margin targets — AI-enabled solutions from JDA can replace permanent markdowns with short-term promotional prices that maximize all outcomes. The post Leveraging AI to Minimize Markdowns [Video] appeared first on Supply Chain Nation Blog. Retail SaaS Supply Chain AI retail solutions markdown pricing retail pricing Video blog

Video 52

Video Podcast: Five Core Competencies of Inventory Optimization

Logility

A key characteristic of best-in-class companies is their success in using inventory optimization (IO) and cash management techniques to free up working capital. The amount of a company’s working capital trapped in inventory can be expressed as days inventory outstanding (DIO).

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Video Podcast: Five Core Competencies of Inventory Optimization

Logility

A key characteristic of best-in-class companies is their success in using inventory optimization (IO) and cash management techniques to free up working capital. The amount of a company’s working capital trapped in inventory can be expressed as days inventory outstanding (DIO).

Video 130

Leveraging AI to Minimize Markdowns [Video]

Supply Chain Nation

By gathering real-time demand data — and combining it with data on current inventory levels and margin targets — AI-enabled solutions from JDA can replace permanent markdowns with short-term promotional prices that maximize all outcomes.

Video 52

Video: Merck’s End-to-End Supply Chain Vision

Kinaxis

The net result is less inventory sitting around, better balance between supply and demand, knowing the revenue risk, working out the profitability and having a true understanding of the margin. Check out the other videos in this supply chain interview series: Video: How Roland DG Corp.

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The Two Levers of Inventory Optimization

Logility

Two powerful levers a company can use to optimize inventory are “Working Capital” and “Customer Service Levels.” At its most basic, start with a piece of graph paper and plot your current service level on the x-axis and current inventory level on the y-axis.

Removing the Two Barriers to Optimizing Inventory

Logility

Supply chain leaders often find themselves in a difficult situation when it comes to the conflicting goals of improving customer service and minimizing inventory. Companies that embrace Multi-echelon Inventory Optimization (MEIO) achieve, on average, a 28% increase in inventory turns.

[VIDEO] Logistics Beacons: Using Proximity As A Logistics Oversight Service

Cerasis

Thus, RFID is now more synonymous with inventory management. . The global logistics industry generates $9.1 Trillion dollars in revenue. The global Third Party Logistics (3PL) industry generates $750 Billion in revenue as a part of that figure. Further, the U.S.

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What is Supply Chain Management (SCM)? (Video)

Supply Chain Game Changer

Watch our video to learn more about how people define Supply Chain Management! So here we present a short video of many varying definitions of Supply Chain Management. Video) appeared first on Supply Chain Game Changer™. Subscribe Here! Email Address. What Exactly Is Procurement?

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Video: First Solar – Challenging the Norm in Supply-Chain Management

Kinaxis

It’s often difficult to give suppliers visibility to forecasts and on-hand inventory. In this video, Systems Analyst Cameron Sulfaro describes the initiative, and what it has achieved to date. Check out the other videos in this supply chain interview series: .

Video 130

Leveraging AI to Minimize Markdowns [Video]

Supply Chain Nation

By gathering real-time demand data — and combining it with data on current inventory levels and margin targets — AI-enabled solutions from JDA can replace permanent markdowns with short-term promotional prices that maximize all outcomes. Retail SaaS Supply Chain AI retail solutions markdown pricing retail pricing Video blogArtificial intelligence (AI) is changing the face of the markdown process today.

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Smart Software has been named an Epicor platinum partner, the highest designation in the ISV Partner Program

The Smart Software

Epicor ERP customers leverage Smart’s web native platform for Inventory Planning and Optimization to develop consensus forecasts, manage demand, and optimize stocking policies.

Why Individual Retail Stores Shouldn’t Order Their Own Inventory

ToolsGroup

In the old days, each store knew best what inventory it needed to keep shelves stocked and customers satisfied. The digital communications company was manually planning inventory for products like smart phones and other gear that was growing overall at 60% annually.

Taming the Long Tail of Inventory

Logility

The site listed all the parts for my refrigerator, described the symptoms of a failure of each part, provided schematics and video tutorials on how to replace the part, and provided user testimonials on their experience replacing the part.

How JDA Software is Helping Fresh Retailers with AI [Video]

Supply Chain Nation

In the video below, hear from Fab as he offers ways to capture and use data thanks to AI and ML. Artificial intelligence and machine learning help solve probabilistic scenarios that include weather, buying patterns, inventory assortment and more.

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TOP 3 COMMON INVENTORY POLICIES

The Smart Software

In this Video Dr. Thomas Willemain, co–Founder and SVP Research, defines and compares the three most used inventory control policies. There is also a fourth policy called MRP logic or forecast based inventory planning which is the subject of a separate video blog that you can see here.

Accenture – 10 Years After: How Close Are We to True Demand-Driven Supply Chains? SupplyChainBrain & Kinaxis Video Series

Kinaxis

by Melissa Clow SupplyChainBrain attended our annual Kinexions user conference, and while there, they completed a number of video interviews with customers , analysts, and Kinaxis executives. SupplyChainBrain & Kinaxis Video Series appeared first on The 21st Century Supply Chain.

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[Video] Ford Motor Company: Creating global data standards with SCM software

Kinaxis

by Melissa Clow This blog is part of a video interview series. Check out the video below as well as links to other supply chain practitioner and Kinaxis executive interviews. Video] Keysight Technologies: Improving production planning efficiency.

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How JDA Software is Helping Fresh Retailers with AI [Video]

Supply Chain Nation

In the video below, hear from Fab as he offers ways to capture and use data thanks to AI and MI. Artificial intelligence and machine learning help solve probabilistic scenarios that include weather, buying patterns, inventory assortment and more. The post How JDA Software is Helping Fresh Retailers with AI [Video] appeared first on Supply Chain Nation Blog. Retail Supply Chain AI fresh retail grocers grocery ML series sustainability Video blog

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Teradyne – Managing Demand: How Agility Replaces Predictability – SupplyChainBrain & Kinaxis Video Series

Kinaxis

by Melissa Clow SupplyChainBrain attended our annual Kinexions user conference, and while there, they completed a number of video interviews with customers , analysts, and Kinaxis executives. The answer lies in a more strategic approach to inventory and supply.

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Qualcomm: What’s Wrong With Traditional S&OP? – SupplyChainBrain & Kinaxis Video Series

Kinaxis

by Melissa Clow SupplyChainBrain attended our annual Kinexions user conference, and while there, they completed a number of video interviews with customers , analysts, and Kinaxis executives. And Qualcomm, for its part, will benefit from improved inventory optimization.

S&OP 205

Avaya’s Four-Year Journey to a Best-in-Class Supply Chain – SupplyChainBrain & Kinaxis Video Series

Kinaxis

by Melissa Clow SupplyChainBrain attended our annual Kinexions user conference, and while there, they completed a number of video interviews with our customers. Green says the company has had “a lot of success,” delivering its best-ever run times and inventory turns. The post Avaya’s Four-Year Journey to a Best-in-Class Supply Chain – SupplyChainBrain & Kinaxis Video Series appeared first on The 21st Century Supply Chain.

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How Anritsu Achieved End-to-End Supply Chain Visibility – SupplyChainBrain & Kinaxis Video Series

Kinaxis

by Melissa Clow SupplyChainBrain attended our annual Kinexions user conference, and while there, they completed a number of video interviews with customers, analysts, and Kinaxis executives. In this interview, hear Dave Stenfort, director of operations with Anritsu, speak about how the company achieved visibility of inventory and improved control over critical parts in its manufacturing supply chain.

Smart Software CEO to Present at Epicor Insights 2019

The Smart Software

Greg Hartunian, President at Smart Software will present a keynote on Inventory Managementat at Epicor's annual customer conference in Mandalay Bay Resort In Las Vegas April 15-18.