ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Logility

MAY 25, 2022

Now more than ever, the conventional silos of planning, sourcing, and procurement teams must be connected into one cohesive network. A digital supply chain platform enables these interactions between planning, sourcing, and procurement ? Let’s face it ? the traditional supply chain model is falling short. What Needs to Change?

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 130

Enterra Insights

APRIL 27, 2021

3] Following year-long discussions about supply chain resilience, the Economist reminds us, “Resilience comes not from autarky but from diverse sources of supply.”[4] 2] Costas Paris, Parmy Olson, and Sarah McFarlane, “ Ship Stuck in Suez Canal Heightens Pressure on Global Supply Chain ,” The Wall Street Journal, 24 March 2021. [3]

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

Logility

FEBRUARY 24, 2021

ATLANTA (February 24, 2021) American Software, Inc. NASDAQ: AMSWA) today reported preliminary financial results for the third quarter of fiscal year 2021. million for the quarter ended January 31, 2021, a 29% increase compared to $5.8 million as of the quarter ended January 31, 2021 compared to $25.5 million or $0.07

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimization Software 130

Enterra Insights

JUNE 22, 2021

Science writer John Schwartz ( @jswatz ) reports, “Federal scientists forecast that 2021 could see in the range of 13 to 20 named storms, six to 10 hurricanes, and three to five major hurricanes of Category 3 or higher in the Atlantic.”[1] Are there any single-sourced components that we need to diversify in case of an event?

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Modeling 130

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. What do you predict will be different for retailers in 2021? Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Enterra Insights

DECEMBER 23, 2020

Durbha predicts resiliency will remain a hot topic in 2021. As a result, the level of risk in 2021 will remain elevated and will be part of the new normal. Consequently, 2021 will be all about collaborations and expanding networks. ” Regardless of how 2021 unfolds, the supply chain will play an important role in it.

Agile and Lean Supply Chain 140

Agile and Lean Supply Chain Supply Chain Software Trends Supply Chain Optimization 140

ivalua

NOVEMBER 26, 2020

While organizations continue to utilize low-cost regions like Asia, they are also employing strategies like “Asia plus one” or “China plus one” where they develop secondary sources in another region or another country to provide some insurance against regional or geopolitical disruption. Stalwarts of Business Planning Showing Cracks.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Logility

DECEMBER 21, 2021

21, 2021 – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, today was announced a winner of Food Logistics’ 2021 Top Software & Technology Providers award. Logility recognized for moving the food and beverage supply chain forward efficiently. ATLANTA – Dec.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Demand Planning Software 130

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

Arena Solutions

OCTOBER 10, 2024

Succeeding at Strategic Sourcing With Arena and Part Analytics Learn more about the integration between Arena and Part Analytics here. Full transcript below: Heatherly Bucher Welcome to our session on Succeeding at Strategic Sourcing. Engineering and sourcing professionals build the platform for engineering and sourcing.

Analytics Software 61

Analytics Software Negotiating Skills Sourcing Strategies Purchasing Skills 61

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. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

ModusLink Corporation

FEBRUARY 9, 2022

Inventory Management has always played a key part in any successful Supply Chain. Correctly managing inventory levels helps companies to swiftly adapt to unpredictable changes within the marketplace. Without adapting to the current demand, your winter jackets will become excess inventory overtime. Inventory Management.

Inventory Management Software 78

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 78

ToolsGroup

JANUARY 13, 2021

We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. Supply chains will get more regional and focus more on alternate sourcing/ substitution options. Companies will also look to shorten and localize supply chains.

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

Logility

AUGUST 4, 2022

That’s up from 11% at the end of November 2021. Retailers including Walmart, Target, Macy’s, Amazon and Best Buy are dealing with a combined $45 billion in excess inventory from orders placed during the height of the pandemic, according to Bloomberg. ” Understanding the Impact of Pricing and Promotion on Inventory.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

Logility

JUNE 3, 2021

ATLANTA – June 3, 2021 – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced its selection as a 2021 Inbound Logistics Top 100 Logistics IT Provider for the 24 th consecutive year. The challenges are many and are now top of mind.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Logility Supply Chain Planning Software Analytics Software 130

ToolsGroup

DECEMBER 14, 2021

Cyber Monday revenue – a reliable ecommerce performer year-over-year – showed mixed results pending the source, with an overall promising outlook. In October 2021 alone , consumers were faced by over 2 billion out-of-stock messages online. Image source: Mastercard. Total sales also dropped 1.3 The entire month of November.

Retail 156

Retail Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 156

Freightos

JUNE 6, 2023

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. By 2023, average inventory turnover for small and midsize businesses, had dropped for the 50% percentile ShipBob seller from 1.59

Manufacturing Procurement 305

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 305

Enterra Insights

FEBRUARY 16, 2021

High risk will be the new normal for 2021 and following years. Your supply chain software should help you forecast over a wide array of items (fast movers, intermittent, slow movers), across the entire network (even 2 or 3 tier), and provide target inventory levels (safety stock, reorder point, cycle stock).

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 100

ToolsGroup

MARCH 17, 2021

BOSTON, March 17, 2021 – ToolsGroup, a global leader in supply chain planning software, is proud to announce that ToolsGroup Director of Professional Services for Europe, Michael Haiber, and Vice President of Professional Services, Stefano Novati, were both named 2021 “Pros to Know” by Supply & Demand Chain Executive magazine.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

Unleashed

NOVEMBER 10, 2021

UK electronics manufacturers have seen a sales revenue lift of 30% in 2021 vs 2020, outpacing the average performance of manufacturers of 24%, according to data from a soon-to-be released Unleashed State of Manufacturing report. Average gross profit margin , 2021 Again, these figures are a positive sign for electronics manufacturing.

Manufacturing Procurement 98

Manufacturing Procurement Electronics Manufacturing Inventory Management Software 98

Logility

APRIL 27, 2021

ATLANTA – April 27, 2021 – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, is pleased to announce Allan Dow, Anna Palmer, Fred Isenberg, Mark Burstein, and Roger Mayerson were each named as 2021 Pros to Know by industry publication Supply & Demand Chain Executive.

Logility 130

Logility Supply Chain Planning Software Demand Planning Software Supply and Demand 130

QAD

MARCH 30, 2021

QAD is pleased to announce the availability of QAD Adaptive ERP 2021, the latest version of QAD’s next generation ERP solution that includes the Adaptive User Experience (UX) and the QAD Enterprise Platform. QAD Adaptive ERP 2021 Highlights. Integrated Supplier Management.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 96

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. In 2021, 87% of Americans were negatively impacted by the supply chain. Source: Consultancy.UK. Chain Store Age ). Consultancy UK).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Matters

JULY 25, 2022

The basis of our 2022 predictions were our belief that the 2021 predictions theme of Renewal was shifting toward one of Reexamination of business process practices and decision-making needs. Our stated belief was that the multi-industry supply chain challenges of 2021 would not abate and would linger in some cases into 2023.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Logility

FEBRUARY 26, 2021

ATLANTA – February 26, 2021 – Logility, Inc., the leader in supply chain innovation powering the sustainable and resilient enterprise, today announced the company is positioned as Leader in the 2021 Gartner Magic Quadrant for Supply Chain Planning Solutions. To download your complimentary copy of the report, please visit: [link].

Supply Chain Planning Software 130

Supply Chain Planning Software Gartner Supply Chain Design Software Logility 130

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Incorporating circular economy principles throughout, from source to disposal. Incorporating responsible sourcing principles into the supply chain. Ordering, manufacturing and positioning of inventory in preparation for maintenance activities. 1) IDC 2021 APeJ Manufacturing Insights Survey, n=947. Excluding Japan. (1)

Resource Reduction 243

Resource Reduction Supply Chain Design Software Resources Sustainability 243

Logility

JANUARY 12, 2021

ATLANTA – January 12, 2021 – Logility, Inc., automating the digital transformation of supply chain optimization and advanced retail planning, invites you to the upcoming webcast: Roadmap to Overcoming Five Obstacles to Achieving Multi-Echelon Inventory Optimization. Webcast at a Glance.

Optimal Sourcing 130

Optimal Sourcing Logility Optimization Software Supply Chain Planning Software 130

Unleashed

FEBRUARY 15, 2021

From the continuing impact of the global pandemic to the ever-increasing importance of ‘transparency technology’ and sustainable practices, the food industry has its work cut out for it in 2021. So if you have a thirst for knowledge, here’s all you need to know about food industry trends for 2021. Consumer trends in food industry.

Food 93

Food Trends Industrial Industry 93

The Logistics of Logistics

SEPTEMBER 25, 2023

He has extensive experience in the industrial supply chain and distribution space, as he was recognized as a Supply Chain Pros to Know by Supply and Demand Chain Executive in 2021, 2022, & 2023. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions.

Optimal Sourcing 264

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 264

Unleashed

MARCH 9, 2021

In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. When we compare the results of P&G to its peer group for 2012-2021, P&G outperforms in inventory turns and margin but underperforms in growth and asset utilization. Was this by design?

Procurement Analytics 341

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 341

Logility

APRIL 27, 2021

ATLANTA – April 27, 2021 – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, is pleased to announce Allan Dow, Anna Palmer, Fred Isenberg, Mark Burstein, and Roger Mayerson were each named as 2021 Pros to Know by industry publication Supply & Demand Chain Executive.

Logility 100

Logility Supply Chain Planning Software Demand Planning Software Supply and Demand 100

BlueYonder

OCTOBER 4, 2022

Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption. The post Climate Change: Yet Another Source of Global Supply Chain Risk and Disruption appeared first on Supply Chain Nation.

Optimal Sourcing 89

Optimal Sourcing Supply Chain Planning Software Sourcing Supply Chain Optimization 89

Unleashed

OCTOBER 27, 2020

Whether 2021 will see a return to previous growth trends (2.7% Here are three key medical device manufacturing challenges that will affect the industry in 2021. Regulations and Medical Device Manufacturing in 2021. Accurate serial number tracking becomes increasingly relevant for medical manufacturers in 2021.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Manufacturing Inventory Management Software 105

The Logistics of Logistics

JANUARY 13, 2023

Trey and his Co-founder Taha Zinifi started Amplio in Summer 2021 to help solve one of the most critical supply challenges facing the industry. The Amplio solutions ensure that you have the inventory you need, when you need it, at the most optimized price so that you can focus on what matters most to you and your business.

Manufacturing Procurement 184

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 184

Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Why Has Inventory Been so Hard to Come By? Near the start of the pandemic, the inventory-to-sales ratio in the U.S. in April 2021. plummeted—first down to 1.21 months of sales.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78