ToolsGroup

SEPTEMBER 13, 2023

The key lies in high performance inventory. Forward-looking supply chain professionals understand that inventory is not an end in itself; it’s a means – to enhanced customer service, increased profitability, and greater efficiency. What is High Performance Inventory?

Inventory Reduction 156

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Logistics Bureau

OCTOBER 17, 2023

Did you know that you can reduce logistics costs through effective inventory management? Some of it sounds very basic and yet, so many businesses really do miss these Inventory Management techniques. Watch the video below to learn how to reduce your inventory costs!

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Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business. What are finished goods inventory?

Inventory Reduction 52

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Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

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Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. What is inventory tracking? It helps to reduce inventory shrinkage and loss.

Inventory Management Software 52

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

Supply Chain Game Changer

AUGUST 4, 2020

In this article we share our video of the 10 most Critical Supply Chain lessons that we must learn and make improvements through our future strategies and actions. In our latest video we discuss the lessons that we must learn. Video) appeared first on Supply Chain Game Changer™. Copyright © Mortson Enterprises Inc.

Video 128

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SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

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Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Logility

NOVEMBER 27, 2018

(Read A Phone Call with Santa Claus ) Our conversation must have had an impact because this year Santa sent me an invite for a video call to discuss their progress and ideas around next steps. Clearly, Santa is taking the move to more advanced technology seriously if he is now sending invites for video calls.

Optimal Sourcing 113

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PINC

JULY 6, 2017

Learn more about these 3 technological aspects of indoor drones in this short video produced by MHI. Navigation, power, and safety.

Video 100

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Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

Inventory Management Software 52

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Logistics Bureau

MARCH 1, 2022

Effective inventory management can be a constant struggle for most organizations. So here is a simple 4 step process to check your inventory health and improve it! Related videos on this topic have appeared throughout our website, check them out: Deborah Dull on Inventory Thinking and How to Improve It.

Inventory 52

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Logility

JANUARY 11, 2012

One of our resident inventory optimization experts, Chris Russell, recently spoke with Greg Novitsky, global supply chain analyst at Celanese about the journey to optimize inventory. This video podcast will be particularly interesting to supply chain organizations just starting down the highly worthwhile path to inventory excellence.

Optimization Software 100

Optimization Software Supply Chain Optimization Video Inventory Reduction 100

Logility

JANUARY 11, 2012

One of our resident inventory optimization experts, Chris Russell, recently spoke with Greg Novitsky, global supply chain analyst at Celanese about the journey to optimize inventory. This video podcast will be particularly interesting to supply chain organizations just starting down the highly worthwhile path to inventory excellence.

Optimization Software 100

Optimization Software Supply Chain Optimization Video Inventory Reduction 100

Kinaxis

MARCH 24, 2017

by Melissa Clow This blog is part of a video interview series. Check out the video below as well as links to other supply chain practitioner and Kinaxis executive interviews. If I’m the demand manager, for example, my simulation is not about inventory but demand. It’s the same for someone working only with inventory.

Supply Chain Planning Software 111

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Talking Logistics

DECEMBER 21, 2018

In the meantime, in case you missed them the first time around or want to watch/read them again, below are the most popular Talking Logistics posts we published this year and the video episodes we aired during the second half of the year. Talking Logistics Video Episodes (Second Half of 2018). Top 10 Talking Logistics Posts in 2018.

Video 101

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RFgen

JUNE 2, 2023

A New Perspective on Inventory Management Inventory management can feel like a constant game of cat and mouse—chasing after ever-changing demand while trying to balance stock levels. As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges.

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Ware2Go

APRIL 20, 2023

Learn how to calculate inventory days on hand and how it can help improve cash flow and the overall efficiency of your business. Written by Phyllis Jackson What Is Inventory Days on Hand? Inventory Days on Hand is a measurement of how many days it takes a business to sell through their stock of inventory.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Optimization Software 52

Logility

NOVEMBER 15, 2011

A key characteristic of best-in-class companies is their success in using inventory optimization (IO) and cash management techniques to free up working capital. The amount of a company’s working capital trapped in inventory can be expressed as days inventory outstanding (DIO). Karin Bursa is Vice President at Logility.

Inventory Reduction 100

Inventory Reduction Video Supply Chain Optimization Price Mitigation Strategies 100

Logility

NOVEMBER 15, 2011

A key characteristic of best-in-class companies is their success in using inventory optimization (IO) and cash management techniques to free up working capital. The amount of a company’s working capital trapped in inventory can be expressed as days inventory outstanding (DIO). Karin Bursa is Vice President at Logility.

Inventory Reduction 100

Inventory Reduction Video Supply Chain Optimization Price Mitigation Strategies 100

Kinaxis

APRIL 5, 2017

by Melissa Clow This blog is part of a video interview series. Check out the video below as well as links to other supply chain practitioner and Kinaxis executive interviews. Check out the other video interviews in this series: [Video] Xilinx: Fight the urge to be precise – How supply chain technology is helping Xilinx.

Supply Chain Planning Software 111

Supply Chain Planning Software Forecasting Software Supply Chain Software Demand Planning Software 111

Logistics Bureau

SEPTEMBER 8, 2020

What are the things that people get wrong in inventory? Watch this video to learn more: Related articles on this topic have appeared throughout our websites, why not check them out? Robobyrne: Sins In Inventory Management. Supply Chain Secrets: Why Supply Chain Inventory Should Matter to the Finance Pros.

Inventory 53

Inventory Forecasting Inventory Management Benchmarking 53

Kinaxis

APRIL 4, 2016

The net result is less inventory sitting around, better balance between supply and demand, knowing the revenue risk, working out the profitability and having a true understanding of the margin. If you’re interested in learning how other supply chain leaders are adapting to face different challenges, we’ve created a video series.

Video 100

Video Supply Chain Planning Supply Chain Strategy Supply and Demand 100

Logility

JUNE 7, 2017

Two powerful levers a company can use to optimize inventory are “Working Capital” and “Customer Service Levels.” At its most basic, start with a piece of graph paper and plot your current service level on the x-axis and current inventory level on the y-axis. Back to present day and the supply chain.

Modeling 102

Modeling Inventory Reduction Optimization Modeling Supply Chain Optimization 102

The Smart Software

MARCH 11, 2024

In this video blog, we explore the critical roles of Descriptive, Predictive, and Prescriptive Analytics in inventory management, highlighting their essential contributions to driving supply chain optimization through strategic foresight and insightful data analysis.

Prescriptive Analytics Software 84

Prescriptive Analytics Software Predictive Analytics Analytics Software Analytics 84

Kinaxis

MAY 10, 2016

It’s often difficult to give suppliers visibility to forecasts and on-hand inventory. In this video, Systems Analyst Cameron Sulfaro describes the initiative, and what it has achieved to date. If you’re interested in learning how other supply chain leaders are adapting to face different challenges, we’ve created a video series.

Video 100

Video Supply Chain Planning Software Supply Chain Planning Supply and Demand 100

Supply Chain Game Changer

SEPTEMBER 15, 2021

Featuring Our 10 Best Inventory Management Articles! Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Subscribe Here!

Inventory Management Software 92

Inventory Management Software Manufacturing Procurement Inventory Management Supply Chain Planning Software 92

The Logistics of Logistics

APRIL 19, 2023

Specializing in ecommerce order fulfillment and inventory management services, the company operates multiple warehouse facilities with over 1 million square feet of space across the United States. Red Stag Fulfillment specializes in providing ecommerce order fulfillment and inventory management services to businesses of all sizes.

Logistics Network Optimization Software 219

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RFgen

JULY 21, 2023

In warehouse management, where the constant movement of goods is the norm, effective inventory management is pivotal. That’s why most inventory management processes need a way to continue moving materials, regardless of connectivity state to enterprise systems. Supply chains turn to offline inventory software to fill the gap.

Inventory Management Software 74

Inventory Management Software Inventory Management Supply Chain Network Software Supply Chain Planning Software 74

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 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. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

BlueYonder

JANUARY 13, 2020

By gathering real-time demand data — and combining it with data on current inventory levels and margin targets — AI-enabled solutions from JDA can replace permanent markdowns with short-term promotional prices that maximize all outcomes. The post Leveraging AI to Minimize Markdowns [Video] appeared first on Supply Chain Nation Blog.

Video 52

Video Price Reduction Inventory Reduction Supply and Demand 52

Supply Chain Game Changer

SEPTEMBER 1, 2021

A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. How You Can Manage Your E-Commerce Store With No Inventory. The customer only needs to order the product from your storefront, which means you won’t need an inventory. of global retail sales. Drop shipping.

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EazyStock

JUNE 23, 2022

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! It could be open-ended feedback, images, video, audio, or general business documents.

Inventory Management Software 52

Inventory Management Software Big Data Inventory Management Inventory Reduction 52

Logility

APRIL 3, 2017

The site listed all the parts for my refrigerator, described the symptoms of a failure of each part, provided schematics and video tutorials on how to replace the part, and provided user testimonials on their experience replacing the part. Long-tail inventory strategies concentrate on managing the B, C, D, etc. delivery in 1.8

Inventory Reduction 100

Inventory Reduction Inventory Supply Chain Planning Software Modeling 100

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Learn more: Inventory Accounting – A Free Video Guide for Accountants & Advisors What is Days Sales of Inventory (DSI)? It’s also known as Days Sales in Inventory and Average Age of Inventory.

Procurement Analytics 98

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RFgen

JANUARY 23, 2023

Overview: What is mobile device inventory management? With so much information out there about inventory management best practices, it can be hard to determine what steps to take to make improvements. Mobile inventory systems are a proven “must-have” solution for enhancing materials management. bn through 2026. bn through 2026.

Inventory Management Software 52

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