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

Logistics Viewpoints

JANUARY 26, 2024

Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much. Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. East Coast. 18 to $3,860.

Logistics Network Optimization Software 265

Logistics Network Optimization Software Logistics Panama California 265

Logility

JULY 5, 2023

This leads to optimized inventory levels, reduced stockouts, and enhanced customer satisfaction. Optimal Inventory Management Managing inventory efficiently is a perennial challenge for businesses, as excess stock ties up capital, while stockouts result in lost sales opportunities.

Supply Chain Planning Software 188

Supply Chain Planning Software Supply Chain Planning Modeling Scenario Planning 188

NC State SCRC

MAY 1, 2020

An article written by my former PhD student, Rejaul Hasan, and I just came out this week in Contracting Excellence , the journal published by IACCM, which documents the catastrophe that is unfolding in Bangladesh, one of the world’s major exporters of garments for the apparel sector. No payment was issued on February 17.

Bangladesh 59

Bangladesh Apparel Supply Chain Planning Supply Chain 59

Logistics Viewpoints

NOVEMBER 20, 2023

Flow paths can include buying online/ship from store; buy online/pickup at store, shop at store/have item shipped from a different store, and many other options as well. The need for new omnichannel capabilities – particularly curb pick-up and ship-from-store – soared. Shipping from the store, and 5.

Omnichannel 258

Omnichannel Retail Cost Reduction Strategies Expense Reduction 258

EMERGE App

JULY 28, 2024

I would say that apparel manufacturing is a challenge, especially in the current climate of ever-changing customer demands. In a very short time, manufacturers must knit fabric, cut and sew, dye or print, complete the finishing touches, and ship the finished product to retailers. The same challenges apply to inventory shortages.

Inventory Management Software 52

Inventory Management Software Apparel Manufacturing Procurement Inventory Management 52

ThroughPut

JUNE 29, 2024

As a retail inventory planner, you strive to deliver precise replenishment plans—ensuring the right quantity of stock is available at the right time and place. Yet, managing inventory through multiple spreadsheets linked by complex formulas, or using disparate point solutions that don’t integrate, complicates your task.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Optimization Software 52

Logistics Viewpoints

JUNE 20, 2022

VF Corporation (VFC) is a global apparel, footwear and accessories company headquartered in Denver, Colorado. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year. There will be one view of inventory across the entire distributed network.”.

Agile and Lean Supply Chain 236

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 236

Logility

JUNE 21, 2022

Increasing numbers of consumers will abandon their shopping cart if they can’t get things when they want them, and this goes across verticals that include apparel, food, and beverages. There are many places fulfillment can be delayed – from an antiquated order acceptance process to lack of inventory to logistical complexities.

Modeling 173

Modeling Supply Chain Planning Software Demand Planning Software Supply Chain Software 173

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. jump in apparel costs and 5.5% Since 1990, the size of ships increased 3X, but the design of the west coast ports remained largely unchanged. meters, to accommodate ships with 20 rows of containers) and 15.2 So, I write this blog with this bias.

Supply Chain Design Software 440

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 440

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 264

PINC

MARCH 24, 2020

In an uncertain world where supply chain disruption is becoming a certainty, here’s how good inventory management enabled by automation can help companies gain the supply chain visibility they need to keep the wheels turning. ” Maintaining the Right Inventory Balance. ” A Better Way. ” A Better Way. .

Supply Chain Software 100

Supply Chain Software Inventory Reduction Inventory Management Software Optimal Sourcing 100

ShipBob

AUGUST 16, 2021

In order to keep up with the unprecedented volume in such a short time span, it’s important you have the right shipping strategy and fulfillment processes in place. In this article, you will learn about the common challenges DTC brands face during peak shipping season, and how you can prepare your online store for success.

Shipping 98

Shipping Inventory Reduction Material Savings Supply Chain Planning Software 98

NC State SCRC

DECEMBER 27, 2023

Changing the way people buy apparel Matthew Wallace has worked in a number of apparel management roles over his career, including as a Senior Director of Sourcing for Merchandising at Walmart, a senior VP at apparel manufacturer PVH (which owns Tommy Hilfiger and Calvin Klein), and currently the CEO of Project DXM (Digital Xpress Model).

Modeling Software 52

Modeling Software Demand Planning Software Apparel Supply Chain Software 52

New Horizon Supply Chain Blog

FEBRUARY 28, 2023

At the request of some customers, I wanted to share best practices for ramping-up inventory for a new distribution center (DC) and transitioning distribution lanes from the old DC(s) to a new one. This must be done right to maintain service levels while avoiding excess inventory costs. Below is a checklist of things to keep in mind.

Distribution 52

Distribution Inventory DC Purchasing Training 52

New Horizon Supply Chain Blog

FEBRUARY 28, 2023

At the request of some customers, I wanted to share best practices for ramping-up inventory for a new distribution center (DC) and transitioning distribution lanes from the old DC(s) to a new one. This must be done right to maintain service levels while avoiding excess inventory costs. Below is a checklist of things to keep in mind.

Distribution 52

Distribution Inventory DC Purchasing Training 52

Logistics Viewpoints

AUGUST 22, 2022

billion in inventory “that if we could just wave a magic wand, we’d make it go away today,” said chief financial officer (CFO) John David Rainey. Walmart estimates that inventory is still 15% above optimal levels. We’ve also cancelled billions of dollars in orders to help align inventory levels with expected demand.”.

Supply Chain Planning Software 212

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 212

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 195

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

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 195

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

Logility

MAY 26, 2022

25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. The bullwhip effect creates a demand-constrained supply chain marked by excess inventory, production planning problems, and even adversely affects customer service. Then, there’s the issue of surplus inventory.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

Supply Chain Shaman

JUNE 29, 2022

The question of near-shoring or reshoring is really a question for labor-intensive industries like apparel. In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. Focus on right-sizing inventories.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

Supply Chain Matters

DECEMBER 28, 2023

Consumers were expecting that there would be adequate inventory of goods even up to two days before Christmas. From a goods category lens, sales of electronics and jewelry items reportedly declined on a year-over-year basis, along with certain apparel categories. All rights reserved. The post Initial Estimates of U.S.

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 217

Logility

SEPTEMBER 1, 2020

Organizations across the world have been forced to pivot selling and inventory strategies to address the many issues brought on by Covid-19. Ship-from-store capabilities have repurposed many store employees. Collectively, this puts the pressure on allocation teams to be nimble with distribution center inventory.

Inventory Reduction 130

Inventory Reduction Resource Reduction Material Savings Retail 130

Stord

OCTOBER 23, 2024

Imagine the delight of a customer discovering a perfectly assembled spa day kit, complete with everything needed for a moment of winter wellness, or the convenience of finding all the supplements and exercise apparel needed to properly kick off a new hobby - everything they need with no extra effort! Finally, kitting expertise.

Supply Chain Design Software 88

Supply Chain Design Software Inventory Management Software Inventory Reduction Cost Reduction Strategies 88

SCMDOJO

APRIL 15, 2024

Services by Amazon Here are some of the key services offered by Amazon: General public: Amazon.com – an e-commerce platform offering a diverse selection of products such as books, electronics, apparel, and groceries. billion (net profit) Profit by Region/Country: North America is a major market, followed by Europe and Asia.

Logistics Network Optimization Software 105

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 105

Logility

FEBRUARY 7, 2023

Transportation and shipping issues aren’t the only problem, of course. This could be used for something as simple as a complete flat spread if there was no demand or no available inventory at any level. It could be used to make sure everyone gets roughly the same amount of inventory.

Optimal Sourcing 141

Optimal Sourcing Optimization Software Supply Chain Optimization Price Mitigation Strategies 141

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

The Logistics of Logistics

MAY 8, 2023

Square1 primarily serves clients in the Beauty, Packaged Food, Apparel, and Consumer Goods industries, and currently works with 40 domestic and international clients. Poor quality – If your 3PL is causing issues such as product damage or shipping the wrong products, it can have a detrimental effect on your business.

3PL 217

3PL Missouri Logistics Network Optimization Software Warehousing 217

ShipBob

OCTOBER 24, 2022

You never really know how it will all turn out, yet you need to be able to answer questions like these: How many units of inventory do you need to have on hand to be at full stock for each SKU? How often do you project to replenish inventory ? Demand forecasting allows businesses to optimize inventory by predicting future sales.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Enterra Insights

AUGUST 5, 2022

.”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. … Companies are struggling to find space for the glut of apparel, kitchen appliances and other goods filling up their supply chains.” As a result, many retailers are sitting on excess inventory.”

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). jump in apparel costs and 5.5% meters, to accommodate ships with 20 rows of containers) and 15.2

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

BlueYonder

NOVEMBER 30, 2023

Given the likely discount-heavy 2023 season , apparel, beauty, personal care, electronics, and retailers with strong omni-channel presence may be able to secure non-discounted revenue with Gen Z-specific campaigns at the start of the season. This big behavior swing has also led to shifts in fulfillment channel usage for early orders.

Supply Chain Optimization 90

Supply Chain Optimization Cost Reduction Strategies Purchasing Skills Agile and Lean Supply Chain 90

Cathy Roberson

AUGUST 30, 2021

While all stores ships online orders, Best Buy is consolidating ship-from-store units in a limited number of stores across the country to drive efficiency and effectiveness. These locations should be rolled out by holiday and will take on about 25% of the national ship-from-store volume. The key here is fast.

Inventory Reduction 109

Inventory Reduction Vendor Strategies Supply Chain Planning Software Modeling Software 109

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The question of near-shoring or reshoring is really a question for labor-intensive industries like apparel. In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. Focus on right-sizing inventories.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Elementum

APRIL 12, 2018

However, this dynamic industry is now facing the same challenges as some traditional retailers —unsold inventory and profit losses. Inventory Woes. billion worth of unsold inventory. A prime example is Amazon, the e-commerce juggernaut that’s set to overtake Macy's as the largest apparel retailer. Final Thoughts.

Inventory Reduction 79

Inventory Reduction Retail Inventory Sourcing Strategies 79