Logility

JANUARY 12, 2024

This blog cuts through the complexity, presenting how supply chain AI strategy and machine learning, especially through the power of generative AI and InventoryAI+, are essential in crafting a smarter, more responsive retail supply chain. Generative AI Chat Functionality in Demand AI Learn more about DemandAI+ in this demo.

Inventory Reduction 246

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 246

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

The Logistics of Logistics

NOVEMBER 17, 2023

Brian Kempisty , Lauren Beagen and Joe Lynch discuss building a resilient port strategy. Lauren is a lawyer and the Founder of Squall Strategies , a boutique maritime consulting and legal solutions company. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC and The Maritime Professor.

Resource Reduction 235

Resource Reduction Supply Chain Strategy Price Mitigation Strategies Strategy 235

Logistics Viewpoints

AUGUST 25, 2021

Below are some transportation strategies for success for suppliers of TMS, TES, and MTS. SaaS solutions are becoming the norm in the industry, and this does not just apply to smaller companies that are targeting Tier 2 and Tier 3 customers. Improve Real-Time Visibility. Improve Real-Time Visibility. Look to the Cloud.

Price Reduction 284

Price Reduction Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 284

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. At that time, 31% had raised prices on end consumers to offset the negative impact. What is just-in-time procurement?

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Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Logistics Viewpoints

MARCH 3, 2022

Logistics strategy as an enabler of new business models. They have changed the way they see logistics, and no longer view it as just a support process in their organization. A logistics strategy provides the competitive edge. There are clear advantages to be gained from giving a logistics strategy top priority.

Expense Reduction 307

Expense Reduction Logistics Network Optimization Software Supply Chain Design Software Supply Chain Strategy 307

Supply Chain Brain

FEBRUARY 16, 2022

Michael Einhorn, chief executive of Dealmed, has been troubled for a good long while about the strategies commonly deployed when it comes to the supply chain for medical supplies.

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Just-in-Time Supply Chain Strategy Meeting Supply Chain 111

EazyStock

FEBRUARY 28, 2022

For years companies have operated a just-in-time (JIT) supply chain model, only ordering stock items when necessary and carrying minimal inventory to reduce carrying costs. This has seen a switch to just-in-case (JIC) inventory management as companies raise their stock levels to avoid the risk of running out.

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Just-in-Time Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Supply Chain Brain

SEPTEMBER 2, 2021

The snarls that finally toppled one of the world’s best-maintained supply chains have sparked deeper questions about whether the auto industry’s strategies to prioritize efficiency and maintain minimal inventory will endure in the post-pandemic world.

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Just-in-Time Supply Chain Strategy Inventory Reduction Supply Chain 120

ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? In a blog at the very start of the COVID-19 outbreak when confirmed cases had just exceeded 40,000, we discussed the considerations for organizations facing the outbreak. This is apparent in the transformation from a low-cost strategy to a resilience model.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Logistics Viewpoints

MARCH 21, 2022

Blue Yonder recognized the need to transform into a Partner First organization as part of its core growth strategy. I talked with Umar Ausaf – Blue Yonder’s General Manager for North America Partner Success and Bill Beecher – VP for Global Alliances at Blue Yonder – about this change to their strategy. The transition is not easy.

Vendor Strategies 197

Vendor Strategies Resource Reduction Price Mitigation Strategies Supply Chain Strategy 197

ToolsGroup

APRIL 27, 2022

‘Blorft’ is an adjective I just made up that means ‘Completely overwhelmed but proceeding as if everything is fine and reacting to the stress with the torpor of a possum.’ Actual) Strategies for Managing Stress in the Workplace. Workplace stress is nothing new. And plenty of us are feeling that stress at work.

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Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

SCMDOJO

APRIL 22, 2024

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. As of today, these wait times have since been nullified but the pandemic has shown the world the importance of having a backup plan for when disaster strikes.

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

ivalua

JANUARY 13, 2023

The following are just a few examples of some notable supplier diversity efforts across the globe. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Building Business Cases and Momentum. Agile Procurement in Canada.

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Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

Logility

APRIL 20, 2022

And they’ve had little to no time to recover from raw material and labor shortages, supplier and factory failures, transportation delays, and rising costs while encountering unpredictable demand. Feeling overwhelmed? You’re not alone. Since 2019, nearly 70% of supply chain leaders have been constantly responding to disruption.

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Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

Supply Chain Game Changer

NOVEMBER 11, 2022

Establishing a search engine optimization (SEO) strategy is one of the most effective ways to ensure your business stands out from the competition. But you must follow effective steps to build an effective SEO strategy. Here are the most important strategies to follow to enhance your company’s SEO strategy.

Material Savings 97

Material Savings Sourcing Strategies Price Mitigation Strategies Supply Chain Strategy 97

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. At the same time, there were product and services market opportunities that were created. Background. Business Model.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

ToolsGroup

FEBRUARY 10, 2022

Demand shaping is a supply chain strategy that utilizes tactics such as price and promotion incentives, product substitutions and cost modifications to entice customers to purchase specific items. The answer is, both yes and no. Let’s take a look at what demand shaping is and why it could be critical to your supply chain.

Inventory Reduction 156

Inventory Reduction Modeling Price Reduction Waste Reduction 156

Logistics Viewpoints

APRIL 6, 2023

When products don’t arrive at the right place, the right time and the right quality, both in-bound supply chain planners and procurement buyers face unplanned plant shutdowns or upset customers. This approach results in inefficiencies, higher costs, and missed opportunities.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

ThroughPut

JUNE 2, 2020

What is Just-in-time Manufacturing? Just-in-time (JIT) manufacturing is described as a production model in which products and services are produced to meet specific demand and not necessarily created in surplus, in deficit, or in advance of actual need.

Just-in-Time 52

Just-in-Time Inventory Reduction Inventory Management Software Waste Reduction 52

Unleashed

MAY 15, 2023

Wholesalers and manufacturers need effective B2B strategies to sustain business growth and beat the competition. From targeted email campaigns to inventory management integrations, we’ll outline how you can develop strong B2B CRM strategies to improve business performance and achieve predictable growth. What is a B2B CRM strategy?

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

Supply Chain Game Changer

SEPTEMBER 29, 2022

Just because an influencer has over 100,000 followers does not mean they will automatically be a great fit for your company. Just keep in mind the $100 per 10,000 followers rule to ensure you don’t overpay! Filters aren’t just for your personal snaps. Don’t just quickly throw together a boring caption. Find the Right Fit.

Price Reduction 96

Price Reduction Cost Reduction Strategies Supply Chain Strategy Strategy 96

ThroughPut

JUNE 2, 2020

What is Just-in-time Manufacturing? Just-in-time (JIT) manufacturing is described as a production model in which products and services are produced to meet specific demand and not necessarily created in surplus, in deficit, or in advance of actual need.

Just-in-Time 52

Just-in-Time Inventory Reduction Inventory Management Software Waste Reduction 52

ModusLink Corporation

OCTOBER 27, 2021

Synergy is a core element present in many successful manufacturing strategies. The synergy effect within a business is the result of mutual interaction between two individual company elements, usually achieved by executing a specific strategy. There are many different manufacturing strategies. Different strategies.

Waste Reduction 78

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 78

Unleashed

DECEMBER 21, 2023

Keep reading to uncover the risks and challenges of inventory management , learn about the types of solutions available, and discover some of the most effective inventory management strategies in modern business. Managing inventory effectively during peak seasons and avoiding excess stock during off-peak times requires a careful balance.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Supply Chain Game Changer

JUNE 30, 2022

The Importance of a Strong Supply Chain and Logistics Strategy! For a supply chain to run smoothly it needs to be well managed under the right strategy for your business objectives. Below are three building blocks of a well-managed supply chain strategy to help you boost efficiency and lower costs. Demand Planning. Visibility.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 78

RFgen

JULY 27, 2023

Warehouses must have a strategy for processing inventory during this time—aka, offline inventory control. Instead, offline inventory management is more commonly associated with strategies for keeping inventory moving while networks or software systems are having connectivity issues. Keeping excess safety stock (just in case).

Inventory Reduction 75

Inventory Reduction Material Savings Waste Reduction Cost Reduction Strategies 75

Supply Chain Game Changer

MAY 24, 2022

7 Strategies to Increase Bitcoin Trading Profit! It is the fundamental strategy for finishing up which program to open a record for exchanging bitcoin. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Are they endeavoring to be a spread-out seller? Buying bitcoin is one of the consistent stops for fledglings.

Vendor Strategies 90

Vendor Strategies Resource Reduction Cost Reduction Strategies Supply Chain Strategy 90

Supply Chain Game Changer

MAY 18, 2022

These days, video is synonymous with content strategy and marketing. With so much competition in this space already, it is time to level up your content strategy so that it stands out. Read on to understand simple ways to step up your video content and digital marketing strategy with little effort.

Material Savings 94

Material Savings Expense Reduction Video Price Mitigation Strategies 94

Supply Chain Shaman

MARCH 21, 2024

At the time, many business leaders did not know how to type and had no idea how to use a computer. Taxonomy of Outside-in Planning Based on the Art of the Possible To accomplish this goal, we need to discard the current crawl, walk, and run models and just jump. During the 1980s, I was on a management team for a large manufacturer.

Inventory Reduction 389

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 389

Unleashed

AUGUST 6, 2023

It’s a handy sales strategy to keep in your business toolbox – and can be essential to success in highly competitive markets. In this article, we do a deep dive into competitive pricing to outline key strategies, how they impact your profit margins , and how competitive pricing works with real-life examples. Coffee chains.

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service? This is the core of an effective omnichannel supply chain strategy; variety and options define customer experiences. GET YOUR COPY HERE. Download White Paper.

Inventory Reduction 186

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 186

Freightos

JANUARY 15, 2024

It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain. Just when it seemed that 2024 would be a very welcome year of “normal” supply chains, the Red Sea crisis proved that for global supply chains, there is no such thing.

Negotiating Skills 292

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 292

ShipBob

JANUARY 15, 2024

In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. Inventory glut happens when a business is holding more inventory than it can sell in a reasonable time frame. What is inventory glut? What causes inventory glut?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Waste Reduction 52