Logistics Viewpoints

JUNE 4, 2024

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

Inventory Reduction 304

Inventory Reduction Supply Chain Planning Software Waste Reduction Inventory 304

ToolsGroup

MARCH 24, 2021

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. When it comes to inventory management, each piece must operate as a part of a global integrated system to be most effective.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

RFgen

NOVEMBER 13, 2024

Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. That’s not science fiction—it’s the power of mobile inventory management. Ready to turn your inventory from a headache into a strategic asset?

Inventory Management Software 96

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 96

ToolsGroup

MARCH 25, 2025

Even more impressive, lost sales due to stockouts can decrease by up to 65%, while inventory reductions of 20% to 50% are possible. Enhanced Promotions and Events Analysis Promotions, advertising campaigns, and trade events are vital components of marketing strategy, but accurately measuring their impact on demand remains challenging.

Supply and Demand 156

Supply and Demand Forecasting Forecasting Software Modeling 156

Logistics Viewpoints

FEBRUARY 25, 2025

Establish inventory reserves in key markets to avoid supply chain disruptions. Leverage Foreign Trade Zones (FTZs) and Pre-Buying Strategies Manufacturers can mitigate tariff impacts by strategically managing inventory. Diversify customer base outside of United States to avoid tariffs on broader sales base.

Manufacturing Procurement 268

Manufacturing Procurement Inventory Reduction Price Reduction Material Savings 268

ToolsGroup

NOVEMBER 12, 2024

In addition, ToolsGroup was recognized as the leader in the 2024 SPARK Matrix for Global Supply Chain Inventory Optimization for the third consecutive year for its ability to reduce costs, maximize profitability, and meet customer’s strategic business goals. Media Contacts QKS Group Shraddha Roy PR & Media Relations shraddha.r@qksgroup.com

ToolsGroup 156

ToolsGroup Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 156

ToolsGroup

FEBRUARY 4, 2025

Technological Advancements Real-time inventory tracking and predictive analytics give leading firms a competitive edge. Winning the Supply Chain Wars To thrive amidst these challenges, ToolsGroup recommends five strategic pillars: Conduct What-If Scenario Analysis Simulate potential disruptions to plan and respond proactively.

Price Reduction 156

Price Reduction Inventory Reduction Material Savings Cost Reduction Strategies 156

Supply Chain Shaman

JUNE 12, 2020

Downsizing inventories over the past decade crippled the response.” In Table 1, I share research collected for the Supply Chains to Admire analysis on the average days of inventory by industry across the period of 2004 to 2019 by increments to match economic shifts. Days of Inventory Peer Group Across Time Periods.

Inventory Management Software 263

Inventory Management Software Inventory Management Inventory Reduction Inventory 263

Logistics Viewpoints

MARCH 27, 2025

The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools. Teams are constrained by their physical resources, like trucks, inventory, and labor capacities, as they seek to resolve a disruption.

Supply Chain Planning Software 333

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 333

Silvon Software

APRIL 16, 2025

Inventory is the lifeblood of any manufacturing business. By leveraging analytics and key performance indicators (KPIs), manufacturers can optimize inventory, reduce waste, and boost profitability. Tracking inventory flow and performance across your supply chain is a must. Thats where data-driven decision-making comes in!

Optimal Sourcing 65

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 65

Logistics Viewpoints

AUGUST 9, 2022

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

Inventory Management Software 264

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 264

Logistics Viewpoints

JANUARY 21, 2025

Real-time data processing and analysis are crucial for identifying and resolving supply chain disruptions. Inventory Management AI Agents can track stock levels in real-time and compare them with demand forecasts, optimizing inventory levels and preventing overstock or stockouts.

Supply Chain Planning Software 300

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 300

Supply Chain Shaman

JULY 31, 2024

In our work with Georgia Tech using data from 1982-2023, we find that the R² of the Regression analysis of Cost-of-Goods Sold/Inventory Turns when compared to correlations of Operating Margin/Inventory turns to Market Capitalization/employee is 40-65% lower. For additional insights check out our presentation at Informs.

Supply Chain Planning Software 382

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 382

ToolsGroup

MARCH 11, 2025

For demand forecasting, this means looking beyond mere accuracy to focus on: Strategic decision-making improvements Cost reduction strategies Inventory optimization Customer service enhancement 2.Understand Define Clear Business Outcomes The most successful technology investments start with a clear understanding of desired business outcomes.

Forecasting 156

Forecasting Inventory Reduction Forecasting Software Price Reduction 156

Logistics Viewpoints

FEBRUARY 7, 2025

ITR Economics analysis shows rising and unmet demand for electric power from sustainability initiatives, coupled with the proliferation of data center construction ($27.3 Predictive analytics tools enabled by AI are helping organizations optimize inventory management, reduce downtime, and improve demand forecasting.

Logistics Network Optimization Software 214

Logistics Network Optimization Software Cost Reduction Strategies Price Reduction Inventory Reduction 214

Supply Chain Shaman

JUNE 30, 2023

As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet. Anne is a lean disciple and sees all inventory as Muda. She lacks the appreciation for the need for inventory as a buffer. I advised John to ask for help to improve inventory health.

Supply Chain Planning Software 341

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 341

Logistics Viewpoints

APRIL 16, 2025

Bosch uses 5G to connect production equipment in its smart factories, allowing for real-time data streaming and analysis. With 5G-enabled IoT sensors, businesses can receive continuous updates on the condition, location, and movement of goods. Maintenance is then scheduled proactively, reducing disruption to operations and minimizing cost.

Supply Chain Planning Software 198

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Network Software 198

Logistics Viewpoints

NOVEMBER 1, 2024

Blyncsy’s map utilizes crowdsourced dash camera imagery from over 1 million vehicles, which, combined with its AI image analysis capabilities, can detect more than 40 different road conditions and asset inventory issues in near-real time.

Supply Chain Design Software 290

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Design Supply Chain Software 290

Supply Chain Shaman

APRIL 2, 2025

For my long-time readers, you know that fewer than 3% of companies outperform their peer group in our Supply Chains to Admire analysis , and that the Gartner Top 25 is essentially a beauty contest for underperformers. The third step is to do a data inventory. But, as the dust settles, is there value? And what is value?

Optimal Sourcing 195

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Design Software 195

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. The analysis was too short-term.

Procurement Analytics 353

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 353

Enterra Insights

DECEMBER 17, 2024

IoT devices track inventory in real time, providing valuable insights into stock movement, reducing waste, and ensuring products are available when needed.” ” Inventory optimization. This prevents surplus, reduces carrying costs, and minimizes the risk of stockouts, ensuring a balanced inventory.”

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

ToolsGroup

MAY 11, 2021

Industry Analysis: details the industry size and trends. Customer Analysis: identifies and describes the key customer segments served. Competitive Analysis: identifies key competitors, their strengths and weaknesses, and your areas of competitive advantage. Customer Analysis. Competitive Analysis.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Planning Supply Chain Optimization Modeling 296

ToolsGroup

FEBRUARY 24, 2025

It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. AI-driven supply chain automation excels at handling large-scale data analysis, identifying patterns like seasonality and shifting consumer behavior with speed and accuracy beyond human capability.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

ToolsGroup

FEBRUARY 24, 2025

It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. AI-driven supply chain automation excels at handling large-scale data analysis, identifying patterns like seasonality and shifting consumer behavior with speed and accuracy beyond human capability.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

Supply Chain Shaman

OCTOBER 16, 2023

I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. Holistic design of the form and function of inventory with a focus on setting inventory targets for each flow. Instead, focus on Forecast Value Added analysis. Funny, isn’t it? The reason?

S&OP 351

S&OP Supply and Demand Forecasting Supply Chain Design Software 351

Supply Chain Shaman

DECEMBER 28, 2020

My goal is to convince you to ground supply chain processes and technology implementations in data analysis while tying the results to the improvement in corporate performance. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. The So What?

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Logistics Bureau

JANUARY 21, 2025

An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Inventory Management The key starting point is implementing proper ABC analysis, and you need to look at it from multiple angles.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 98

Logility

APRIL 3, 2024

The life sciences are integral to the quality of life and lifespan, but the field faces some uniquely difficult inventory challenges. You can then take it a step further with multi-echelon inventory optimization (MEIO), which provides visibility to everything from raw materials, to finished goods.

Supply Chain Optimization 165

Supply Chain Optimization Inventory Reduction Optimization Software Supply Chain Planning Software 165

Supply Chain Shaman

JUNE 21, 2023

While I was preparing for surgery, Gartner released the Gartner Top 25 Analysis. The analysis is now in its ninetieth year. The Gartner analysis is biased toward companies within the Gartner network. Semiconductor Industry Analysis Would you feel better about your results if you were Intel or TSMC? The reason?

Gartner 379

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 379

RFgen

NOVEMBER 27, 2024

Supply chain optimization software tracks items as they move through your supply chain and generate alerts at important points to improves decision-making and enhance visibility across the supply chain by integrating various capabilities like procurement, inventory, and customer relationship management.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

Supply Chain Shaman

JUNE 3, 2024

A successful plan requires design, collaboration, simulation, what-if analysis, and closed-loop learning. I find successful teams learn more about operational potential through what-if analysis than wrote use of the first plan generated in a batch job. What do we learn through gap analysis? Future for Probabilistic Planning?

Supply Chain Planning Software 356

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 356

Logistics Viewpoints

APRIL 14, 2025

AI in Procurement: Enhancing Sourcing and Supplier Management Procurement has traditionally relied on human expertise, manual comparison of supplier options, and analysis of past performance. Lets examine critical domains, review implementation considerations, and discuss realistic expectations for adoption and outcomes.

Optimal Sourcing 161

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 161

Supply Chain Shaman

FEBRUARY 4, 2025

Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. In the Supply Chains to Admire Analysis, I apply three measurements–improvement, resiliency, and balance to the patterns in the orbit charts. Change is Hard. Guess what?

Supply Chain Design Software 221

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 221

DELMIA Quintiq

APRIL 6, 2020

The key challenge is to not over-produce and stock up on excessive inventory , but at the same time be ready for summer by securing on-shelf availability and fulfillment. The impact on inventory and demand will depend on the extent and timing of the pandemic ending. But manufacturers still have to generate demand scenarios.

Scenario Planning 296

Scenario Planning Supply Chain Planning Software Food Modeling 296

RFgen

JANUARY 16, 2025

That’s where manufacturing inventory management software comes in. In this ultimate guide, we’ll break down everything you need to know about manufacturing inventory management software. Its your single source of truth for inventory, constantly updated and readily available.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

Supply Chain Shaman

MAY 25, 2024

Pattern recognition is the ability to discern patterns in data and use the insights for further analysis. The second part of the story is that inventory turns for Lenovo are 10.8, Ranking at #13, PepsiCo outperforms on inventory turns, but performance is declining. but declining. Let’s take a look at PepsiCo.

Eliminating Excel in Purchasing 336

Eliminating Excel in Purchasing Gartner Supply Chain Design Supply Chain Strategy 336

Supply Chain Shaman

JUNE 24, 2022

The future inventory fire sale. For the past eight years, each spring, I have spent six weeks deep in the analysis of spreadsheets evaluating the corporate performance of supply chains by sector. In the analysis, we use this balanced scorecard to evaluate ten years of performance. Toilet Paper. Commodity scarcity. The reason?

Supply Chain Planning Software 387

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 387