Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

ToolsGroup

APRIL 4, 2023

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. In other cases, such as cruise ships, the ship is the warehouse. Take airlines as an example.

Inventory Reduction 156

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 156

Logistics Viewpoints

DECEMBER 11, 2023

I’ve completed research on supply chain planning (SCP) boutiques. My colleague Clint Reiser has completed a study on warehouse management system (WMS) boutiques. We are teaming up to bring you the coolest supply chain boutiques, listed alphabetically, that we identified through those studies. What is a boutique?

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 246

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply Chain Planning Software 84

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 84

BlueYonder

MAY 10, 2024

Here are the trends our Blue Yonder Industry Strategy team sees for the upcoming quarter: Supply Chain and Technology Supply chains will remain volatile with escalating disruptions as a result of extreme weather effects and unrest across the globe.

Vendor Strategies 95

Vendor Strategies Material Savings Resource Reduction Price Reduction 95

DELMIA Quintiq

SEPTEMBER 22, 2021

An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. Types of inventory that can be optimized.

Inventory Management Software 294

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 294

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy. What is warehouse inventory management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Unleashed

OCTOBER 5, 2023

Managing a warehouse can be a complicated task. Keep reading to discover how warehouse management works, gain a confident understanding of the typical warehouse team structure, and learn how to optimise your warehouse processes. In this warehouse management guide: What is warehouse management?

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. The need for better inventory control is critical for companies who want to deliver for customers and maximize profits, despite market volatility and disruption.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

RFgen

JULY 27, 2023

If you handle inventory, then you know that inventory must keep moving for the business to stay profitable. Warehouses must have a strategy for processing inventory during this time—aka, offline inventory control. To keep inventory flowing, they must work offline and asynchronously.

Inventory Reduction 76

Inventory Reduction Material Savings Waste Reduction Cost Reduction Strategies 76

Unleashed

MARCH 25, 2024

Modern businesses must always be looking for new ways to optimise processes and eliminate unnecessary costs. Consolidation warehousing is a strategy that allows your business to reduce transportation costs and improve customer service by combining shipments from various sources into a single truckload.

Material Savings 52

Material Savings Warehousing Inventory Reduction Expense Reduction 52

Logistics Viewpoints

MARCH 21, 2024

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Self-distribution is an increasingly popular option for healthcare systems to consider when deciding how to manage their supply chain.

Prescriptive Analytics Software 217

Prescriptive Analytics Software Supply Chain Planning Software Optimization Software Analytics Software 217

Clear Spider

JULY 11, 2023

Staying Ahead of the Curve: Prepare your Supply Chain for the Back To School Season School’s out for summer! Optimizing your supply chain is the first step towards capitalizing on current buyer behaviors. Show me what my supply chain is missing! As one of the biggest shopping events in the U.S.,

Inventory Reduction 97

Inventory Reduction Vendor Strategies Expense Reduction Price Reduction 97

Enterra Insights

MARCH 28, 2024

Late last year, the staff at Digitate released the results of a survey entitled “AI and Automation: Laying the Foundation for the Autonomous Enterprise.” The survey found, “90% of IT decision-makers plan to deploy more automation, including AI, in the next 12 months.”[1] ”[1] These trends are not new.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 130

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. Still, there are several technologies that are transforming supply chains for the organizations that adopt them.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Logistics Viewpoints

AUGUST 17, 2022

In 2018, DHL Supply Chain announced its plans to deploy emerging technologies in 350 of its North American facilities. Earlier this month, Brian Gaunt, Senior Director of Accelerated Digitization at DHL, provided me with an update on the company’s warehouse digitization journey. DHL Innovation Funnel.

Warehousing 308

Warehousing Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 308

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia. Supply Chain Competency: Focuses on core competencies to optimize operations.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Invata Intralogistics

MARCH 9, 2024

In the swiftly changing world of logistics and supply chain management, the advent of automated warehousing stands as a transformative force, offering unmatched efficiency, speed, and dependability in handling inventory. Here’s how AI plays a pivotal role: 1.

Warehousing 52

Warehousing Predictive Analytics Software Predictive Analytics Supply Chain Software 52

SCMDOJO

FEBRUARY 20, 2023

This guide provides you with all the tools you need to make significant positive changes in a few simple steps. Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! Want to streamline your distribution operations?

Inventory Reduction 104

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 104

Logistics Viewpoints

APRIL 29, 2021

Today’s DCs and fulfillment centers are a major driver of employment growth and a highly visible proving ground for autonomous robots and other next-generation technologies. For companies across industries, transforming existing DCs and narrowing this technology gap is key to competitive advantage in a changing economy.

Optimal Sourcing 151

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 151

RFgen

MARCH 27, 2024

For any business that handles materials or fixed assets, inventory control is central to operational efficiency and customer satisfaction. To manage inventory efficiently requires technology. However, efficiency and optimization only come from advanced inventory control software. It’s a delicate balancing act.

Inventory Reduction 76

Inventory Reduction Inventory Management Software Resource Reduction Supply Chain Planning Software 76

ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned. Global Supply Chains are Here to Stay.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

SCMDOJO

FEBRUARY 27, 2023

Modern warehousing has come a long way, and technological advancements have played a significant role in the evolution of the industry. With new technologies and advances in distribution center design, modern warehouses are becoming more efficient, accurate, and cost-effective than ever before.

Warehousing 85

Warehousing Supply Chain Design Software Supply Chain Software Optimization Software 85

Unleashed

OCTOBER 4, 2021

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. These examples show there isn’t a benchmark inventory management strategy that trumps all others. Samsung has a specific set of best practices it follows to manage its supply chain.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

Logistics Viewpoints

MAY 10, 2021

The SVP of Supply Chain at Walmart speaking at Blue Yonder’s virtual user conference. Following their fourth quarter results, top executives talked about their supply chain and omnichannel strategy at a high level. Walmart has been very open about what it takes to compete with Amazon. billion, 4.1%

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Software Supply Chain Transformation Inventory Reduction 235

RFgen

JUNE 30, 2023

Prioritizing technology solutions in today’s digital environment is a necessity. Gone are the days of paper inventory tracking and manual data entry. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory.

Inventory Management Software 76

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 76

ShipBob

JANUARY 15, 2024

Striking the perfect balance between supply and demand is a complex dance for any business. If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Techgistics

APRIL 25, 2023

“ Automation offers a range of benefits for warehouses, from increasing productivity to reducing risk related to labor. But to harness its full potential, companies need to develop a strategy for Orchestration. ” ” Never before has the competition for warehouse and fulfillment labor been so fierce.

Supply Chain Software 130

Supply Chain Software Inventory Reduction Inventory Management Software Optimization Software 130

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. What is a warehouse management system? Inventory Visibility.

Cost Reduction Strategies 98

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

RFgen

APRIL 30, 2024

The answer lies in modern inventory management best practices. Specifically, the use of perpetual inventory systems. What is a perpetual inventory system? Perpetual inventory management relies on technology to track inventory with timely data and a high degree of accuracy. Or reduce carrying costs.

Inventory Management Software 80

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

Logistics Viewpoints

FEBRUARY 2, 2023

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots. But can technology do more?

Supply Chain Planning Software 206

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 206

ThroughPut

MAY 16, 2024

In the context of supply chains particularly, agility is what can save the day in the midst of all those challenges. That’s where AI-powered supply chain optimization can make a difference. What is Supply Chain Optimization? Why is Supply Chain Optimization Important?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Stord

MAY 8, 2024

If you’re responsible for growing your e-commerce business and/or managing your DTC & B2B supply chain operations , we know you’re facing a slew of challenges. The team of supply chain and logistics experts at Stord have some best practices to overcome the types of problems you’re probably facing , or will soon enough.

Optimal Sourcing 158

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 158

ShipBob

OCTOBER 4, 2023

How you manage your inventory is a key factor that determines the efficiency, accuracy, and overall performance of your ecommerce operations. It involves closely tracking your inventory levels to replenish your stock at the right time and maintain inventory accuracy. What is inventory reduction? Let’s get started.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

ShipBob

AUGUST 3, 2021

But in the ecommerce supply chain context, agility relates to how quickly an ecommerce business can adjust to ever-changing expectations in speed and delivery. In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

Unleashed

MAY 10, 2023

It’s a tumultuous time for supply chain operations. To survive these changes, businesses must look to automation. Read on to learn how supply chain automation works and discover the tools you can use to reduce manual efforts and improve supply chain efficiency.

Supply Chain Software 52

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 52

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Many manufacturers struggle to optimize warehouse productivity and attract skilled employees. put annual warehouse turnover rates at 43 percent. That’s where automation comes into play. As an added benefit, effective warehouse organization ensures pickers spend less time searching for items and make fewer mistakes.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116