ShipBob

NOVEMBER 24, 2023

It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more. Although not as commonplace as broader terms like inventory management , inventory segmentation is a sub-strategy of managing inventory that plays a significant role in improving efficiency and reducing costs.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

ThroughPut

APRIL 15, 2024

Fortunately, a solution is emerging that not only relieves these pains but also transforms them into competitive advantages: AI forecasting, a paradigm shift in supply chain management. AI in supply chain forecasting is a game-changer. What is Supply Chain Forecasting?

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

Supply Chain Game Changer

APRIL 29, 2021

Subscribe to Supply Chain Game Changer. Supply Chain Investment Challenges – Real and Imagined! Intelligent Supply Chain technologies article and permission to publish here provided by Dan Weinberger , UN Supply Chain Expert and CEO of Morpheus Network. Subscribe Here!

Supply Chain Software 135

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 135

Intelligent Audit

JULY 18, 2022

Due to the fast-paced nature of the logistics industry, it is a common experience for supply chain professionals to get so bombarded by work that they barely get a chance to enjoy their lunch break. FedEx has been busy over the last few months between C-suite executive changes and earning calls with details on new strategies.

Price Reduction 52

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Industry 52

RFgen

FEBRUARY 9, 2017

Supply chain management trends are helping companies meet their logistical challenges. The following are three major supply chain management trends that are helping companies meet their logistical challenges: 1. RFID tagging helps managers keep a more accurate stock of their inventory. Develop a Strategy.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Trends 52

RFgen

FEBRUARY 9, 2017

Supply chain management trends are helping companies meet their logistical challenges. The following are three major supply chain management trends that are helping companies meet their logistical challenges: 1. RFID tagging helps managers keep a more accurate stock of their inventory. Develop a Strategy.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Trends 52

Gravity Supply Chain

JANUARY 19, 2023

Supply chain efficiency is essential for any business to remain competitive and profitable throughout its timeline. Identifying these barricades can be a challenge, but several key areas should be examined to boost supply chain efficiency.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Planning Software Supply Chain Software Purchasing Skills 52

RFgen

FEBRUARY 28, 2023

In today’s global economy, businesses face increasing pressure to ensure transparency and accountability in their supply chains. In this article, we will provide a comprehensive guide to supply chain traceability, including its importance, benefits, challenges, and how it works.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 52

MIT Supply Chain

FEBRUARY 27, 2014

An article titled Can Google’s Robots Build a New Future for US Manufacturing? In the online publication Supply Chain 24/7 considers the company’s influence on robotics, and, by default, the supply chains that support manufacturing operations in the United States and worldwide.

Supply Chain Software 76

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Demand Planning Software 76

Unleashed

APRIL 7, 2019

In this article, we review some ways in which inventory management and accuracy can be improved, especially if you have a lot of stock and are feeling overwhelmed. Reflect on your entire supply chain. Supply chains are vulnerable to risks and challenges. Use RFID tags.

Inventory Reduction 70

Inventory Reduction Inventory Management Software Inventory Demand Planning Software 70

MIT Supply Chain

JULY 10, 2014

Supply chain strategies often include some sort of commitment to innovation, but if the organization is not set up to be truly innovative it’s an empty promise. Lamynix’s supply chain enjoyed an enviable reputation for excellence. In other words, the rival’s supply chain strategy was more welcoming to innovation.

Expense Reduction 96

Expense Reduction Inventory Reduction Cost Reduction Strategies Price Reduction 96

Precoro

JULY 8, 2022

In the article, we look critically at the role of the purchasing manager and discuss how to determine the value of hiring one. The purchasing manager is a supply chain professional who sources and acquires materials, products, and services for further use or resale by the company. Optimization of Suppliers’ Database.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

MIT Supply Chain

DECEMBER 5, 2014

Yet improving this specialized supply chain can streamline new product introductions; a significant competitive advantage given the sheer number of product launches in the industry. Using 3D printing to make the initial molds, the new process supplied 10 to 100 shelf-quality product samples.

Supply Chain Design Software 86

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 86

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. You can read more about demand forecasting techniques in our article.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supply chain issues. Increased supply chain visibility.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

Supply Chain Opz

AUGUST 7, 2013

7 Deadly Sins of Supply Chain System Implementation. ERP is the cornerstone of an integrated supply chain system then companies of all sizes tries to embark on an ERP journey to cut costs and improve the inter-firm collaboration. Supply Chain Case Study: Executives Guide. best of supplychainopz.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software System Vendor Strategies 133

MIT Supply Chain

OCTOBER 30, 2014

There is no better way to show the impact of major disruptions on supply chains than to convey the level of risk involved through a clear, impactful, visual device. MIT CTL researchers Ranjana Mary Ninan and Christopher Sean Wang created such a device for their SCM Program thesis Visualizing and Quantifying Global Supply Chain Risk .

Manufacturing Procurement 76

Manufacturing Procurement Supply Chain Software Supply Chain Strategy Procurement Solutions 76

RFgen

APRIL 30, 2024

In this article, we will explore the implications, benefits, and implementation of perpetual inventory systems. This applies to reordering, sales strategies, allocation of work, and nimbleness to adapt to changing conditions. To maintain the system will require a strategy for ongoing management and optimization.

Inventory Management Software 85

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 85

RFgen

AUGUST 24, 2016

Supply chain management strategies must continue to increase efficiency in order to deliver products in a timely manner. A recent Samsung Insight article elaborated on this concept. To do this, businesses need to revamp their supply chain management strategies with two key tactics in mind: 1.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Inventory Management 52

RFgen

AUGUST 24, 2016

Supply chain management strategies must continue to increase efficiency in order to deliver products in a timely manner. A recent Samsung Insight article elaborated on this concept. To do this, businesses need to revamp their supply chain management strategies with two key tactics in mind: 1.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Inventory Management 52

MIT Supply Chain

AUGUST 7, 2014

However, the way this value is calculated varies from company to company, particularly in terms of how certain costs – including those associated with managing supply chains – are taken into account. The second phase involves a number of steps such as reviewing financial statements and identifying supply chain processes.

Cost Reduction Strategies 76

Cost Reduction Strategies Supply Chain Strategy Supply Chain Planning Software Logistics Network Optimization Software 76

MIT Supply Chain

JULY 24, 2014

Configuring supply chains in this way is often done through SKU segmentation, but this is difficult in complex operations where there are numerous products and an extremely diverse supplier base. The research was carried out by two students, Brad Gilligan and Huiping Jin, for their MIT Master of Supply Chain Management (SCM) thesis.

Cost Reduction Strategies 81

Cost Reduction Strategies Inventory Reduction Purchasing Skills Optimal Sourcing 81

MIT Supply Chain

JULY 17, 2014

And we can draw some important lessons from this wonderful spectacle – including ones that are particularly relevant to supply chain leaders. In other words, these leaders had not moved with the times; they had failed to reinvent the strategies and processes that underpinned past successes. Here are a few for your consideration.

Costa Rica 99

Costa Rica Brazil Supply Chain Planning Software Supply Chain Strategy 99

MIT Supply Chain

MAY 20, 2014

The infiltration of fake medicines into the pharmaceutical supply chain is a major problem, and conventional methods for detecting fake medicines are generally inadequate. The research explores a new approach to combating drug counterfeiters: devising mitigation strategies based on the way dispensers procure medicines.

Manufacturing Procurement 88

Manufacturing Procurement Optimal Sourcing Procurement Sourcing Strategies 88

MIT Supply Chain

FEBRUARY 6, 2014

The upshot from a supply chain perspective is that the new generation of factory robots makes production systems more agile and helps companies to compete in fast-changing markets. A key development is in “scheduling the choreography of robots,” explains Dr. It’s not difficult to imagine the supply chain implications.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Demand Planning Software Optimization Software Supply Chain Network Software 92

MIT Supply Chain

OCTOBER 17, 2014

However, the initial findings suggest that this is far from the trend that has attracted so much interest, and could have more to do with broader supply chain changes than the rebirth of American manufacturing. Cultural differences, unfamiliar supply bases, longer distances, and skills gaps all have to be managed.

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Strategies Expense Reduction Sourcing Strategies 105

Supply Chain Game Changer

JUNE 25, 2020

Subscribe to Supply Chain Game Changer. Supply Chain Storm article and permission to publish here provided by Bryce Boothby. The supply chain has experienced some instantaneous changes – for both B2C and B2B. But you must act and there are Supply Chain do’s and don’ts.

Supply Chain Software 54

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Network Software 54

Unleashed

APRIL 4, 2023

Machine learning is changing nearly every aspect of the supply chain and how we deliver goods to customers. In this article, we explore the potential of machine learning in supply chain management and the different types and uses of the technology. How is machine learning used in supply chain management?

Case Study 52

Case Study Supply Chain Planning Software Supply Chain Software Forecasting Software 52

MIT Supply Chain

SEPTEMBER 25, 2014

How can supply chains make better use of POS data? Each point of sale (POS) in a retail supply chain generates a goldmine of demand data. The MIT CTL researchers developed models to show how a leading CPG manufacturer can use large volumes of POS data to improve supply chain performance.

Inventory Reduction 63

Inventory Reduction Cost Reduction Strategies Modeling Optimal Sourcing 63

Unleashed

AUGUST 30, 2022

Direct-to-consumer (D2C) eCommerce has exploded, as start-ups and traditional outlets alike flock to the efficient, cost-effective sales strategy. This article considers how D2C works, who does it, some D2C pros and cons – and whether it is good idea for small and medium businesses. Allbirds , the U.S.

Inventory Reduction 98

Inventory Reduction Purchasing Skills Price Reduction Cost Reduction Strategies 98

MIT Supply Chain

OCTOBER 9, 2014

Will devices like the Apple Watch shape future supply chains? The growth of this technology has major implications for product supply chains. Supply chains will have to be responsive to these demand signals. The is article was first published as a Linkedin Influencer post. [1]

Resource Reduction 77

Resource Reduction Supply Chain Design Software Supply Chain Software Buyer Training 77

MIT Supply Chain

NOVEMBER 21, 2013

When shipping product into a country as large and complex as Brazil, the choice of transportation routes has a critical impact on supply chain costs. Some 800 factories supply goods to around 10,000 delivery points worldwide, requiring the organization to make more than 100,000 deliveries monthly. It is a tough challenge.

Brazil 84

Brazil Modeling Modeling Software Optimization Modeling 84

Talking Logistics

AUGUST 21, 2015

One of the emails I did keep and read with interest was the first item in this week’s supply chain and logistics news… Infor to Acquire GT Nexus. JDA Creates a More Profitable Omni-Channel Supply Chain. The broad range of interactions that make the chain of commerce work can also be moved online.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Forecasting Software 100

MIT Supply Chain

MARCH 27, 2014

The transformation of retailing into a multi-channel business is one indicator of the changing face of supply chain management. This article was first published as a Linkedin Influencer post by MIT CTL Director Professor Yossi Sheffi. The overall affect is to make supply chains even more reactive to customer buying patterns.

Agile and Lean Supply Chain 68

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 68

Talking Logistics

JUNE 22, 2015

Coincidentally, the Wall Street Journal published an article last week (two days before the EPA announcement) highlighting how IKEA is designing its packaging with shipping in mind , which for one product alone is translating into almost 7,500 trucks being removed from the road annually. The redesign has saved the company €1.2 million a year.

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

MIT Supply Chain

JUNE 12, 2014

Also compounding the risk of economically damaging stoppages is the fact that while supply chain resilience has attracted much interest over recent years, port resilience has not garnered much attention. This post is based on a commentary article titled “Time to toughen up US ports” by James B. RICE JR, J.B.,

Risk Management 61

Risk Management Journal Supply Chain Design Software Resource Reduction 61

Logistics Bureau

JANUARY 3, 2018

It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for Supply Chain Pros to Watch in 2018.

Supply Chain Design Software 64

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 64