SCMDOJO

MARCH 8, 2024

Vendor Managed Inventory (VMI): VMI is a collaborative approach where suppliers manage inventory levels for their customers. Suppliers monitor stock levels and replenish inventory automatically, based on agreed-upon criteria such as sales data or predefined inventory levels.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

Taulia

OCTOBER 20, 2021

In today’s challenging market, companies face multiple challenges, from shortages of crucial components to port congestion, high shipping costs, logistics delays and uneven customer demand. As such, an efficient supply chain is one in which orders are fulfilled by suppliers on time, while minimizing operational costs.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

ThroughPut

DECEMBER 8, 2023

In the context of supply chain management, prescriptive analytics leverages raw historical data and performance data to determine the best probable courses of action, supporting supply chain decisions through network design, inventory and warehouse optimization, and supplier management.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Unleashed

JANUARY 10, 2023

Supply chain planning is the process of optimising the delivery of goods and services from manufacturer to consumer. Continue to optimise until your entire production ship is firing on all cylinders. Optimising your production processes is a critical component of supply chain planning and management. And it all starts here.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

QAD

OCTOBER 4, 2023

Supply chain analytics allows leadership to target these challenges and mitigate the risks – that include poor forecasting, increasing trade regulations, material shortages, rising shipping costs and more – and craft data-based solutions. AI helps manufacturers and business leaders automate the tedious tasks required by staff.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. It takes into account sales and production costs, along with any additional fees required to ship a product to the end consumer. Landed is the total cost of a product after it has been shipped to a customer. What factors go into landed cost?

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Unleashed

APRIL 3, 2023

Limited reporting: QuickBooks lacks deeper business insight reporting than surface-level metrics, meaning evidence can’t be produced for certain quality control, profitability, and efficiency decisions. Missing key features for manufacturers: Manufacturers will struggle the most with QuickBooks, due to a lack of key features.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. Procurement is the process of sourcing suppliers , negotiating sales terms, and purchasing the goods a company needs to run its daily operations.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Unleashed

JANUARY 16, 2023

Conversely, a 3PL provider can also be hired to complete a single task, such as managing customer returns. 3PL providers can reduce the stress of managing high order volumes by taking care of numerous fulfilment tasks. 3PL providers are experts when it comes to shipping and logistics. Simplified global expansion.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

Logistics Bureau

SEPTEMBER 28, 2020

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. the digitisation of manufacturing. Unlike a 4PL, however, it won’t manage the paint maker’s entire supply chain. What is 3PL?

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

Unleashed

APRIL 16, 2023

Tracking software follows the inventory from the supplier to the manufacturer, to ensure it is being delivered on time and as expected. You’re struggling to track business metrics. Being across key business metrics makes decision-making immeasurably easier. What is inventory tracking software?

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Supply Chain Game Changer

AUGUST 23, 2022

Investopedia defines the Cash Conversion Cycle as “a metric that expresses the time (measured in days) it takes for a company to convert its investments in inventory and other resources into cash flows from sales. ” Whichever name you choose to put on this cash management metric and process, the end result is the same.

Negotiate Pricing 94

Negotiate Pricing Supply Chain Software Procurement Analytics Manufacturing Procurement 94

Supply Chain Game Changer

SEPTEMBER 21, 2021

Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. Inventory Management Headwinds. But it took a global pandemic to turn all of those paradigms and approaches on their heads.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52

Unleashed

FEBRUARY 28, 2021

A manufacturing production planning and scheduling solution, Orchestrate is designed for day-to-day scheduling, capacity planning and ‘what if’ analysis – a feature that lets users investigate how best to increase production efficiencies, while still improving delivery. Industries using cloud-based supply chain management software.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

Unleashed

JUNE 23, 2021

For manufacturers and other organisations looking to improve their inventory management processes, cloud technology represents a major opportunity – especially when it comes to remote working. This means faster shipping times, and lower transport costs. Video: Shipping from multiple warehouses with Unleashed Software.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

6 River Systems

DECEMBER 11, 2018

Logistics personnel and supplier management pointers. Study the needs of your supply chain in order to make informed predictions. “Many manufacturers practice demand-driven logistics, meaning they are focused on their customers’ buying signals. Logistics strategies for streamlined fulfillment.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Supply Chain Network

DECEMBER 14, 2013

Hear how Sears instituted a ship-from-store model that fills a high percentage of product to each customer’s home within 2 days, often next day. Top executives from Lowe’s Home Improvement and Belk Department Stores will discuss how these retailers have learned how to ship e-commerce orders from their stores.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

Supply Chain Game Changer

SEPTEMBER 6, 2022

They performed some light manufacturing activities to transform those materials into products that were ready for sale in retail, through a variety of channels. And then they shipped those goods in accordance with customer orders received into those facilities. Some of the materials were sourced and managed by the customers.

Optimal Sourcing 80

Optimal Sourcing Supply Chain Optimization Global Supply Chain Planning 80