Enterra Insights

AUGUST 17, 2022

However, another, less obvious factor — food waste — is exacerbating the food security challenge. All one needs to do to find someone wasting food is look in the mirror. Don’t waste food.”[1] Waste is happening at every point, from the field to the dinner table.” ” Food Waste is an Enormous Problem.

Waste Reduction 130

Waste Reduction Food Supply Chain Planning Software Resource Reduction 130

ShipBob

OCTOBER 4, 2023

However, good inventory management also requires strategic inventory reduction instead of simply procuring more goods. This post serves as a comprehensive guide on inventory reduction so you can understand what it is and why it’s needed. You’ll also learn some effective strategies on how to reduce inventory levels to save costs.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. But when should you consider reducing inventory? The same applies to inventory reduction.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Supply Chain Game Changer

NOVEMBER 14, 2018

Certainly we should all reduce, reuse and recycle and it applies everywhere! As such we have the direct or indirect ability to take actions which can promote environmental sustainability, reduce carbon footprint impacts, and drive the creation of the Green Supply Chain. Supply Chain Carbon Footprint Reduction.

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59

Unleashed

JANUARY 31, 2023

Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. Lean logistics is a method of supply chain optimisation that focuses on eliminating wasteful activities from all checkpoints along the supply chain and increasing value for the customer.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

Supply Chain Shaman

FEBRUARY 1, 2024

Peeling Back the Lid on Supply Chain World Salad In this world, where board discussions focus on eliminating waste and meeting corporate social responsibility goals, supply chain teams respond with projects like end-to-end planning, control towers, and real-time decisions. Each concept is flawed adding to, not reducing, cost and waste.

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

OptiProERP

NOVEMBER 3, 2022

Forty-two percent of SMBs consider digital transformation a central part of their organizational strategy. Developing an Effective Digital Transformation Strategy. A digital transformation strategy is a detailed plan to improve business operations. Define Metrics to Measure Success. But where do you start?

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

QAD

AUGUST 12, 2021

If you’re reading this blog in 2021, you know about the increasing importance of sustainability and reduced environmental impact with fires in the western US, excessive flooding in Europe and a recent Canadian heat wave. The benefits go beyond brand allegiance to include: Improved operational efficiency with reduced waste and costs.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting. Don’t worry.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Supply Chain Shaman

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. A shift from functional metrics to a balanced scorecard. I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. I write this post as a guide. Drives Value.

S&OP 321

S&OP Supply and Demand Forecasting Supply Chain Design Software 321

BR Williams Supply Chain Management

MARCH 31, 2022

Reduce Supply Chain Costs. With warehouse management systems in the supply chain, businesses go from struggling with consumer demands and hidden bottlenecks to flourishing in sales and expanding with new business strategies. Save money. Meet buyer demands. Grow your business. Sure, those all sound great. Technology Integration.

Cost Reduction Strategies 98

Cost Reduction Strategies Supply Chain Planning Software Material Savings Waste Reduction 98

OptiProERP

NOVEMBER 14, 2023

Manufacturers can showcase their commitment to manufacturing sustainability by tracking and reporting environmental metrics, such as reduced carbon emissions, efficient resource utilization, and eco-friendly materials usage. Waste prevention is a business strategy from which any company can benefit, regardless of size or type.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Logistics Viewpoints

MARCH 20, 2024

Siemens has 100,000 or even millions of products, and they hope to reduce the environmental impact of these products. The aim is to transform the whole value chain to reduce the environmental footprint of a product. The key is to reduce inputs, increase circularity, and reduce waste.

Sustainability 253

Sustainability Industrial Industry Resource Reduction 253

Supply Chain Shaman

JANUARY 8, 2024

We have successfully reduced warehouse labor, but planning is more labor intensive today, and less effective. Note to the reader: we selected these metrics for the balanced scorecard for the analysis after work with Arizona State University to understand which metrics, in combination, most closely correlated with market capitalization.

Supply Chain Design Software 235

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 235

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Analyze performance metrics and implement improvements to enhance efficiency.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

ThroughPut

JANUARY 19, 2024

To facilitate their growth and align with their commitment to environmental responsibility, they sought to optimize their logistics network while also aiming to reduce CO2 emissions. Control Carbon Dioxide Emission Committed to sustainability, they sought immediate operational measures to cut carbon emissions and waste.

Case Study 52

Case Study Waste Reduction Resource Reduction Material Savings 52

Supply Chain Shaman

SEPTEMBER 3, 2015

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. Companies need to carefully manage the asset and mitigate the waste. A heated debate ensued.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

ThroughPut

MARCH 27, 2024

Chatbots and virtual assistants are revolutionizing customer services while new-age technologies like Augmented Reality (AR) are offering immersive experiences to customers, reducing the likelihood of returns. It can also suggest alternate routes and strategies to retailers to maintain uninterrupted and smooth operations.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Unleashed

OCTOBER 31, 2023

The objective of workforce optimisation is to reduce operational costs by boosting productivity and employee output. Effective implementation of workforce optimisation strategies ensures you have the valuable workforce resources you need for the growth of your manufacturing operations. What are the goals of workforce optimisation?

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

TransAudit

DECEMBER 13, 2023

This creates significant waste. By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

BlueYonder

APRIL 9, 2024

The company’s Sail ’27 mission is the second iteration of a plan to “brew for a better today and tomorrow,” plotting a roadmap for a future based on the concept of zero: Zero carbon footprint, zero farming footprint, zero packaging waste, zero water waste, zero irresponsible drinking, and a zero-accident culture.

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100

Elementum

DECEMBER 14, 2023

Metrics to Measure Success Once automation has been implemented, it’s crucial to track its success through Key Performance Indicators (KPIs) and other metrics. Automation should significantly reduce errors and maintain data quality.

Supply Chain Software 78

Supply Chain Software Optimization Software Resource Reduction Supply Chain Planning Software 78

QAD

AUGUST 31, 2023

This approach will provide greater flexibility due to a reduction in/elimination of customisations; it will lead to reduced dependency on specialist resources; reduce risk and enable ease of future upgrades. This means that your project team members are not wasting their time during the project.

Resource Reduction 97

Resource Reduction Waste Reduction Material Savings Cost Reduction Strategies 97

Unleashed

JANUARY 14, 2024

We’ll look at modern manufacturing inventory methods, useful strategies, and manufacturing inventory management best practices. The goal of manufacturing inventory management is to balance the supply and demand of products and minimise manufacturing costs and waste.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Unleashed

APRIL 11, 2024

The Guardian reports that the Victoria Unboxed project will hope to eliminate invisible waste from supply chains by replacing cardboard produce boxes with reusable plastic crates. That’s why AOV is an essential metric to improve. Get tactical with your sales strategy. Optimise your customer retention strategy.

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

Unleashed

JANUARY 29, 2024

It involves the identification and elimination of low-performing or unprofitable products and the prioritisation of those that generate the most value for your customers and the greatest revenue for the business. Reduced storage and supplier costs. SKU rationalisation is the process of analysing and your product portfolio.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Game Changer

OCTOBER 8, 2019

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. Why is this relevant?

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

Proxima

MAY 15, 2023

When put into action, poor strategy and execution of digital advertisements and the inability to derive meaningful performance metrics, insights from impressions, and collected data can not only waste your budget but damage your brand and reputation.

Waste Reduction 98

Waste Reduction Cost Reduction Strategies Optimal Sourcing Negotiating Skills 98

RFgen

FEBRUARY 17, 2023

Each type prioritizes the elimination of waste, improved efficiencies, and a focus on customer value. Just-in-Time Manufacturing focuses on the business side of improving the manufacturing process by lowering costs and reducing lag times. The process included standardization, reduction of waste, and just-in-time operations.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 52

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Food waste produces 7% of the world’s greenhouse gas emissions, mainly methane, an extremely potent gas.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

TrackVia

MARCH 25, 2024

Mobile workflows ensure that everyone is on the same page, eliminating missed deadlines and communication breakdowns while maintaining safety and compliance. TrackVia makes it easy for businesses to automate data, cut costs, and enable remote work. One click, infinite possibilities. Try it for free, no strings attached.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

Cognira

DECEMBER 20, 2022

Throughout this blog, discover what green retailing is, why retailers should adopt this strategy, and the positive impact advanced technology can have on sustainable strategies. For example, this could involve selling and utilizing green products, or reducing paper and plastic wastage at checkout. Dispose of waste properly.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

QAD

MARCH 28, 2019

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. Companies can use these metrics to help ensure they are doing everything possible to satisfy their customers at a manageable and sustainable cost. Unreimbursed Freight.

Customer Service 80

Customer Service Metrics Forecasting Forecasting Software 80

Logistics Viewpoints

OCTOBER 12, 2023

Nearly eight in 10 (78%) consumers consider food waste, likely out of a desire to minimize spending. Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.”

Supply Chain Design Software 228

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 228

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

From its peak, 97% flight capacity was reduced from Singapore Airlines. With such dramatic reductions in flights, Singapore’s status of a logistics hub was put severely at risk. The digital twin allows for internal operations as well as customers to view the various processes, along with detailed metrices throughout the facility.

Singapore 246

Singapore Logistics Network Optimization Software Supply Chain Design Software Waste Reduction 246