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 31, 2025

Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables. The result?

Forecasting 156

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 156

ToolsGroup

SEPTEMBER 26, 2023

It can ingest massive amounts of internal and external data and process it within the unique algorithmic engine to deliver easy-to-apply recommendations on how to optimize inventory levels, streamline supply chains, and maximize revenues. Retailers have long used business analytics to inform decision-making. How Does EvoAI work?

Prescriptive Analytics Software 296

Prescriptive Analytics Software ToolsGroup Supply Chain Planning Software Analytics Software 296

Logistics Viewpoints

OCTOBER 24, 2024

While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. The enterprise software company also announced a new analytics solution covering external workforce management. This solution provides insights in a much easier way to digest. It is a brilliant tool.”

SAP 298

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 298

The Logistics of Logistics

OCTOBER 30, 2023

Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization.

Optimal Sourcing 278

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 278

ToolsGroup

MARCH 31, 2025

Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Forecasting Software Inventory Reduction 156

ToolsGroup

APRIL 17, 2025

Traditional demand forecasting methods often fall short, resulting in inefficiencies, excess inventory, and lost revenue. Machine learning is transforming the demand planning process, enhancing demand forecast accuracy, optimizing inventory management, and strengthening supply chain resilience.

Forecasting 156

Forecasting Modeling Supply and Demand Optimal Sourcing 156

Logistics Viewpoints

OCTOBER 14, 2024

This metric measures the percentage of time the planners accept replenishment, transportation, or inventory plans as they are without any change in the timing of the delivery or the quantity to be delivered. You set a target inventory level. We have lots of functions, lots of analytics, lots of reports.” That’s an action.

Supply Chain Planning Software 289

Supply Chain Planning Software Supply Chain Planning Scenario Planning Procurement Analytics 289

The Logistics of Logistics

JUNE 14, 2024

trillion distortion inventory problem. Trillion Inventory Distortion Problem In this podcast, Karl Swensen, CEO and Co-founder of Pull Logic, discusses how their AI-enabled technology helps retailers, brands, and manufacturers reduce lost sales by addressing supply chain and selling process failure points. Summary: Solving the $1.8

Inventory Reduction 264

Inventory Reduction Inventory Inventory Management Software Modeling 264

Logility

JUNE 5, 2024

This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. Yet, recent research suggests a more advanced approach, Multi-Echelon Inventory Optimization (MEIO), surpasses traditional methods.

Optimal Sourcing 185

Optimal Sourcing Inventory Reduction Inventory Management Software Modeling 185

ToolsGroup

JUNE 2, 2023

Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. And that’s where real-time perpetual inventory signals come in. Plus, accurate inventory information is the key to optimal decision-making.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Logistics Viewpoints

MARCH 27, 2025

They are applying predictive analytics and data science to choose an optimal response quickly, driven by facts and pre-defined business outcomes. Teams are constrained by their physical resources, like trucks, inventory, and labor capacities, as they seek to resolve a disruption. billion to $23.07

Supply Chain Planning Software 333

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

ToolsGroup

FEBRUARY 4, 2025

Technological Advancements Real-time inventory tracking and predictive analytics give leading firms a competitive edge. Optimize Inventory and Pricing Use AI-driven insights for stock mix optimization and dynamic pricing, reducing excess stock while meeting service level goals.

Price Reduction 156

Price Reduction Inventory Reduction Material Savings Cost Reduction Strategies 156

Logistics Viewpoints

NOVEMBER 20, 2024

Technologies such as artificial intelligence, IoT, and predictive analytics enable smarter inventory management, real-time tracking, and predictive maintenance, reducing waste and costs. This pillar is about creating value, reducing risks, and positioning the organization for long-term success.

Waste Reduction 304

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 304

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. This advanced analysis allows businesses to predict promotional lift with unprecedented accuracy, ensuring optimized production schedules and inventory positioning through sophisticated supply planning.

Supply and Demand 156

Supply and Demand Forecasting Forecasting Software Modeling 156

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. But what exactly should you measure?

Optimal Sourcing 65

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 65

RFgen

NOVEMBER 27, 2024

That’s where data analytics comes in. By harnessing the power of data science and analytics, you can gain end-to-end visibility across your entire network, breaking down information silos and optimizing every stage of your operations. In this post, we’ll explore how data analytics can revolutionize your supply chain.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

ToolsGroup

FEBRUARY 24, 2025

It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. Master supply chain forecasting for intermittent demand As consumers demand an increasing variety of product options, it results in more intermittent demand and slow-moving inventory.

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. Master supply chain forecasting for intermittent demand As consumers demand an increasing variety of product options, it results in more intermittent demand and slow-moving inventory.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

Logility

DECEMBER 16, 2024

Balancing forecast accuracy with inventory management gets more challenging every day. Customer behavior: Real-time insights into customer orders, inventory levels, and distribution channels clarify short-term demand. Short-term signals, like customer orders or inventory levels, work better for weekly demand-sensing.

Supply and Demand 192

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 192

Logistics Viewpoints

NOVEMBER 26, 2024

For example, a warehouse inventory discrepancy may only matter if it affects high-priority orders or strategic customers. Using AI to Enhance Context of Data Data fuels advanced analytics, artificial intelligence (AI), and machine learning (ML) in supply chain planning.

Resource Reduction 297

Resource Reduction Inventory Reduction Sourcing Strategies Supply Chain Planning Software 297

Logistics Viewpoints

APRIL 10, 2025

Aerial Inventory Management: The Eyes in the Sky While still a developing area, drone technology for warehouse inventory management was also present at ProMat 2025, highlighting its potential to address the time-consuming and often hazardous task of manual inventory checks.

Warehousing 161

Warehousing Supply Chain Design Software Inventory Management Software Supply Chain Planning Software 161

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. Essential technology solutions, including Warehouse Management Systems (WMS), Inventory Management Systems (IMS), and the transformative power of IoT and automation.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

ToolsGroup

JANUARY 21, 2025

Returns Management and Integration With 35% of online purchases being returned, predominantly to physical stores, retailers are grappling with the ripple effects on inventory management. Early adopters of these integrated platforms report significant improvements in inventory turnover and reduction in stockouts.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Inventory Reduction Price Reduction 156

Supply Chain Shaman

DECEMBER 27, 2022

It combines robotics, analytics, and the Internet of Things (IoT). McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I In contrast, SAP touts an integrated cloud-ready portfolio that includes predictive analytics, automation, and IoT capabilities.

Supply Chain Software 413

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 413

Logistics Viewpoints

APRIL 5, 2023

This report provides a cross-industry perspective on digital transformation in logistics including digital maturity in inventory management, transportation, fleet maintenance, safety and compliance, and more. Thirty-one percent of respondents are using predictive analytics and 24 percent are using artificial intelligence to optimize.

Logistics Network Optimization Software 306

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Inventory Management Software 306

Logistics Viewpoints

DECEMBER 18, 2024

Predictive analytics helps logistics companies anticipate disruptions and adapt proactively. AI-powered warehouse management improves inventory flow and reduces waste. Blockchain for Transparency: Blockchain enhances traceability, ensuring ethical sourcing and verifying compliance with sustainability standards.

Optimal Sourcing 273

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 273

ThroughPut

APRIL 4, 2025

In today’s fast-paced industrial landscape, managing spare parts and MRO (Maintenance, Repair, and Operations) inventory is more than just keeping shelves stocked. With effective Spare Parts Inventory Optimization , businesses can strike a balance between availability and cost, ensuring seamless operations without overburdening budgets.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Cost Reduction Strategies Waste Reduction 52

SCMDOJO

OCTOBER 30, 2024

For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

Logistics Viewpoints

MAY 11, 2023

In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Inventory management Another area where digital twins can be beneficial is inventory management.

Modeling 312

Modeling Analytics Software Supply Chain Design Software Optimization Software 312

Supply Chain Shaman

FEBRUARY 28, 2021

As I look at the financials, I question what the value could be if we got serious about innovation through new forms of analytics. For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning. New forms of analytics offer opportunities, if we can step out of our box.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 390

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

Logistics Viewpoints

FEBRUARY 4, 2025

Robotic arms handle repetitive and intricate tasks such as picking and placing items, whereas drones are employed for inventory management and surveillance. By leveraging big data and analytics, warehouses can make more informed decisions, leading to better resource allocation and cost savings.

Waste Reduction 273

Waste Reduction Supply Chain Design Software Resource Reduction Cost Reduction Strategies 273

Logistics Viewpoints

APRIL 14, 2025

Use Cases: Spend Analytics: Machine learning models analyze historical purchasing behavior to identify opportunities for cost reduction, supplier consolidation, and policy enforcement. Exception Management: AI tools flag delayed, misrouted, or damaged shipments and recommend responses such as automatic rescheduling or inventory reallocations.

Optimal Sourcing 161

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

Logistics Viewpoints

AUGUST 5, 2021

Technicolor, which makes high tech equipment for the connected home, found their sales team drove the business but created havoc by entering new requirements or cancelling them too late for operations to keep up, so inventories grew. Reducing inventory saves money but also reduces waste, because obsolete inventory becomes another problem.

Supply Chain Planning Software 325

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 325

Logistics Viewpoints

MARCH 27, 2024

The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory. Some of the applications of AI and ML in supply chain robotics include vision systems, natural language processing, predictive analytics, and reinforcement learning.

Analytics Software 310

Analytics Software Predictive Analytics Software Optimization Software Supply Chain Network Software 310