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

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Supply Chain Game Changer

DECEMBER 9, 2020

The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. The company’s fast and simple PIM software gets sellers, distributors and brands to market in weeks instead of months. And, of course, inventory.

Inventory Management Software 98

Inventory Management Software Inventory Management Optimal Sourcing Inventory Reduction 98

Logistics Viewpoints

OCTOBER 19, 2023

Even worse, I work for a company who makes solutions to help companies solve these kinds of problems, which I listen, speak and write about for a living! The issue wasn’t poor planning – they had the inventory. Events and disruptions are par for the course in supply chain, so we need tactics to kick in for problem resolution.

Supply Chain Planning Software 227

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 227

AFFLINK

MAY 3, 2019

As businesses scale, they need to investigate the accuracy of their inventory management and forecasting processes. Through better demand, an organization will be able to better manage inventory, increase revenue, and improve customer support. The Major Pain Points of Inventory Management. Every day, product demand can change.

Forecasting 90

Forecasting Forecasting Software Demand Planning Software Inventory Reduction 90

Supply Chain Shaman

SEPTEMBER 20, 2015

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. SanDisk Corporation designs, develops and manufactures flash memory storage devices and software.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Company 98

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. Technology.

Procurement Solutions 49

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 49

EazyStock

JUNE 25, 2018

Inventory management. Automated inventory management is nothing new to huge, enterprise-sized companies. However, small- and mid-sized businesses have only recently been investing in this new automation for their inventory management – and many SMBs are still hesitant about investing in this new technology. The most surprising?

Inventory Management Software 66

Inventory Management Software Supply Chain Software Inventory Management Supply Chain Planning Software 66

SCMDOJO

DECEMBER 18, 2023

Ensuring Timely Repairs: Having a well-managed inventory of spare parts ensures quick and timely repairs. Improving Employee Productivity: A well-managed spare parts inventory ensures that employees can swiftly access the components they need. Let’s explore the key strategies to ensure your maintenance operations run smoothly.

Inventory Reduction 64

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 64

Logility

MARCH 13, 2020

With the flood of data available to businesses regarding their supply chain these days, companies are turning to analytics solutions to extract meaning from the huge volumes of data to help improve decision making. They also help forecast demand for inputs from the supply chain, operations and inventory.

Prescriptive Analytics Software 209

Prescriptive Analytics Software Predictive Analytics Procurement Analytics Analytics Software 209

SCMDOJO

MAY 30, 2024

From the warehouse manager overseeing inventory to the transportation coordinator organizing routes, each member of the logistics department plays a crucial role in getting products from point A to point B. This includes optimizing storage space, implementing proper inventory control systems, and ensuring the safety and security of goods.

Optimal Sourcing 72

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 72

SCMDOJO

JUNE 28, 2024

Gender diversity in supply chain teams fosters collaboration, enhances decision-making processes, and leads to more effective solutions that resonate with diverse stakeholders. Creativity and Innovation: Supply chain management involves finding creative solutions to complex challenges.

Negotiating Skills 62

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 62

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 94

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 94

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. Technology.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 40

Supply Chain Shaman

OCTOBER 11, 2012

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory? I want to believe.

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. So why are so many organizations still in the beginning of this process?

Optimal Sourcing 61

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 61

SCMDOJO

MAY 30, 2024

From the warehouse manager overseeing inventory to the transportation coordinator organizing routes, each member of the logistics department plays a crucial role in getting products from point A to point B. This includes optimizing storage space, implementing proper inventory control systems, and ensuring the safety and security of goods.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 52

SCMDOJO

JUNE 6, 2023

This helps them optimize inventory levels and avoid overstocking or understocking. This has proven to improve cash flow since businesses avoid extra costs by excess inventory supply, and they also avoid not having enough products on hand. They can avoid bottlenecks and inventory shortages. What is JIT inventory management?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Unleashed

DECEMBER 14, 2021

Whether you’re planning on purchasing products from a food wholesaler, or thinking about moving into food wholesaling yourself, this overview of the industry – and what its future holds – is for you. Given the competitive nature of the UK’s food industry this analysis is vital, and key to the business’s future success.

Food 98

Food Purchasing Skills Distribution Price Reduction 98

Procurement Academy

JULY 17, 2024

There’s a heavy reliance on advanced statistical methods, with intricate mathematical models at the heart of any analysis. Used together, these combined insights can provide extremely accurate market predictions, allowing companies to make more informed decisions around their inventory management and resource allocation.

Forecasting 52

Forecasting Supply Chain Planning Software Modeling Forecasting Software 52

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. Digital transportation management solutions can help by connecting the entire shipping network, including customers and carriers, in real time.

Logistics Network Optimization Software 186

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 186

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

Unleashed

MARCH 21, 2023

New research suggests that manufacturers will be able to significantly improve cash flow as they recover from the inventory crisis of 2022. Last year, data from 4,500 manufacturers using Unleashed inventory management software revealed firms were typically spending twice as much on stock as they were before the pandemic.

New Zealand 52

New Zealand Procurement Analytics Manufacturing Procurement Report 52

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

The Logistics & Supply Chain Management Society

MARCH 22, 2022

For example, the One Network platform for supply chain planning and execution is used by the Ministries of Health in Nigeria, Ghana, and Rwanda, providing comprehensive inventory visibility across all health facilities for real time supply demand matching and collaborative decision making. Business network technology enables us to do this.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

Logility

JULY 20, 2023

That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. When you choose the right solution, you can stay ahead of fluctuations in customer demand, achieve high levels of forecast accuracy, handle seasonality, and drive collaboration across supply chain stakeholders.

Supply and Demand 185

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 185

Silvon Software

APRIL 18, 2023

Can we get the right resources needed to collect data for analysis before it’s too old? Consider the example of inventory: The CFO wants to see total inventory as a percentage of revenue. Procurement knows how long it takes to process a purchase order. How do we get buy-in around the organization?

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

Enterra Insights

APRIL 25, 2019

For decades, companies have gathered smart people together to perform what-if analysis, identify trends, and produce forecasts. Today, in addition to those activities, new analytical tools are available to help business leaders predict what could happen in the future. That’s the key question descriptive analytics solutions tackle.”.

Predictive Analytics 124

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 124

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. The solution? Unsold products on store shelves.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Unleashed

OCTOBER 17, 2022

Rolling out new ERP software is a big project. Of course, the flip side is that it seriously advances productivity, bringing real bottom line benefits to a business. Lack of buy-in ERP will fundamentally change how your business works – that is, of course, the point. Learn more: Implement Change Management with New Software 3.

Vendor Strategies 97

Vendor Strategies Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software 97

Logility

APRIL 10, 2017

Look at the process enabling tools. Survey after survey points to spreadsheets as one of the primary tools used along with ERP systems and homegrown solutions. In many cases you will discover that processes like demand, inventory, replenishment, and manufacturing planning are limited by a lack of software capability.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 100

EazyStock

DECEMBER 17, 2019

One notable example is Amazon, who uses AI to track customers’ purchasing habits and to use that information to make recommendations for other products. AI can be used in supply chain planning to analyze huge datasets and provide an analysis of supply and demand trends for better procurement. Cloud-based Technology.

Supply Chain Design Software 81

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Trends 81

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. ” Providing solutions in the context of this reality is critical, and together Spire and Gravity Supply Chain Solutions are working to restore the global supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

EMERGE App

MAY 28, 2019

Unlike Software as a Service providers such as EMERGE App, traditional businesses need to purchase and store stock before they can sell them, hopefully, for a profit. It is this time between purchasing stock and re-selling them that is critical for these businesses. What Does Reducing Your Inventory Mean?

Inventory Reduction 45

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 45

QAD

MARCH 12, 2019

Customer Case Study: Integration and QAD Automation Solutions. Lucian Manolache, Yanfeng Automotive Interiors will discuss implementing QAD Automation Solutions in two greenfield automotive plants in two different countries in Europe. Customer Case Study: Adient’s Rapid QAD Automation Solutions Global Implementation.

Automotive 110

Automotive Manufacturing Procurement Pricing Training Procurement Solutions 110