ThroughPut

MARCH 28, 2024

Detection of nutritional constituents and allergens in food, optimizing routes and schedules of food delivery, and inventory management are some of the other ways AI is helping the food production industry. Food companies, especially dealing in perishable products can adjust their production and drive efficient inventory management with AI.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Supply Chain Shaman

JANUARY 2, 2024

Many discussions focus on driving improvement through planning, yet, when I take the client case studies on the websites of leading planning technologies and map the intersection of operating margin and inventory turns, I do not see metric improvement, sustained performance, or an increase in value. ” Figure 2.

Gartner 287

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 287

Unleashed

APRIL 4, 2023

We also break down several case studies of companies currently using machine learning in their supply chain processes. Inventory management Machine learning can track and analyse sales and customer data, along with supplier data. These datasets allow for accurate inventory management. What is machine learning?

Case Study 52

Case Study Supply Chain Planning Software Supply Chain Software Forecasting Software 52

Supply Chain Shaman

MAY 13, 2024

For example, in the research, I found maturity in Cadbury, DuPont, and Gilette processes. P&G did not appreciate the work Gilette accomplished on form and function of inventory and using market signals. As a result, the company’s performance at the intersection of margin and inventory turns was circular for the past decade.

S&OP 352

S&OP Supply and Demand Inventory Reduction Expense Reduction 352

RFgen

JULY 31, 2024

Inventory and warehouse performance are powerful, often underappreciated, tools for boosting customer satisfaction and increasing profitability. Effective inventory and warehouse management directly impact a business’s ability to meet customer expectations by ensuring timely deliveries, accurate order fulfillment, and reduced errors.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Supply Chain Planning Software Optimization Software 75

Unleashed

NOVEMBER 3, 2021

Here we look at how dark stores operate, how they’re profitable and why they’re on the rise – along with four examples to showcase dark stores in action. Basic warehouse racking is used to store inventory stock, which is strategically positioned for ease and speed of picking. Why are dark stores on the rise?

Case Study 105

Case Study Study Inventory Reduction Modeling 105

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. Good food manufacturing software provides a means to track inventory in real-time, through every step of the supply chain. Why your food inventory management system is going stale. Working with fresh food.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Talking Logistics

JULY 19, 2016

After the merger, the operations in North Carolina grew from $4 million in inventory to $20 million, which meant adding a second 75K sqft. For example, “many of our Direct-to-Consumer [drop ship] customers want everything branded as if the order is coming from them even though it’s coming from our facility,” explained Gemereth.

Case Study 100

Case Study Study North Carolina Logistics Network Optimization Software 100

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. If you already know what Kanban is and just want the case studies, scroll down!

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Unleashed

SEPTEMBER 23, 2021

You’ll also need to design a platform to enable rapid transfer, coordinate transportation and manage inventory – and your staff will need training to ensure your operation runs smoothly. Three case studies Cross docking strategies are used around the world and across different industries. Who uses cross docking?

Case Study 92

Case Study Cost Reduction Strategies Study Inventory Reduction 92

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 98

Inventory Reduction Optimal Sourcing Cost Reduction Strategies Resource Reduction 98

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

Supply Chain Shaman

JUNE 21, 2014

I also think that Quintiq’s leadership in concurrent planning to solve new problems is promising, especially in the design of transportation and inventory flows. For example, we discovered that transportation and duties are 5x the expense of labor and overhead. For example, we produce in Vietnam and China.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

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

NOVEMBER 20, 2023

But one thing you notice as you go to omnichannel software vendor’s web sites and examine customer case studies, the case studies may talk about retailers growing their revenues by 100% or more, but none talk about how much profitability grew. These new order fulfillment paths allowed retailers to rapidly grow sales.

Omnichannel 261

Omnichannel Retail Cost Reduction Strategies Expense Reduction 261

Logility

AUGUST 19, 2024

Accurate predictions not only ensure optimal inventory management but also drive better decision-making across various sectors such as retail, manufacturing, and supply chain management. In this article, we delve into the benefits of employing ensemble modeling for demand forecasts, backed by examples and data.

Forecasting 191

Forecasting Modeling Inventory Reduction Price Mitigation Strategies 191

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. For example, there has been a dramatic increase in demand volatility and consumer demand is shifting faster than ever.

Optimal Sourcing 136

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 136

Hybrent

FEBRUARY 6, 2019

When I would get ready to place orders, I‘d have to go to each of four different departmental supply rooms, manually check the number of supplies in inventory and write down what I wanted to order,” Crow explains. We now know, on a real-time basis, whether a contract has expired, for example. Ready to Update Your Supply Chain?

Case Study 60

Case Study Study Price Reduction Vendor Strategies 60

Supply Chain Shaman

APRIL 15, 2020

No doubt about it, we are characters in a supply chain case study searching to define a new normal. Today, we find ourselves in the middle of a risk management case study. An example is a focus on moving and buying ventilators without an assessment of the availability of critical parts and skilled therapists.

Supply Chain Planning Software 442

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 442

Supply Chain Shaman

JANUARY 9, 2019

In Figure 1, I share a case study from a client engagement. Stuck, the company struggled with customer service levels and high inventory write-offs. One of the most read case studies written for my first book, Bricks Matter, is a case study on managing item complexity. The result?

Supply Chain Design Software 269

Supply Chain Design Software Supply Chain Planning Software Case Study Forecasting Software 269

ThroughPut

MAY 24, 2024

Managing inventory in a supply chain is complex due to issues like downtime, delays, and demand fluctuations. Multi-Echelon Inventory Optimization (MEIO) is the solution, offering a sophisticated approach to optimizing stock levels, reducing costs, and improving service. What is Multi-Echelon Inventory Optimization?

Optimal Sourcing 52

Optimal Sourcing Modeling Inventory Reduction Optimization Software 52

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. For example, there has been a dramatic increase in demand volatility and consumer demand is shifting faster than ever.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 120

DELMIA Quintiq

JUNE 9, 2020

Companies that were unable to meet these challenges have been left behind (for example, in High Tech think Blackberry and Compaq). In numerous case studies, manufacturers have found that the limited visibility to shop floor activities and poor planning led to problems with over-scheduled machinery and equipment.

Manufacturing Procurement 272

Manufacturing Procurement Optimization Software Supply Chain Optimization Price Mitigation Strategies 272

Supply Chain Game Changer

NOVEMBER 23, 2018

The application of advanced forecasting and planning methodologies improve inventory management in a critical, high-volume repair business, dramatically reducing costs and fulfillment cycles while improving customer satisfaction. Difficulties forecasting demand in a high-volume repair environment caused inventory costs to skyrocket.

Optimal Sourcing 43

Optimal Sourcing Reverse Logistics Case Study Modeling 43

Kinaxis

FEBRUARY 22, 2018

Among the many supply chain initiatives taking place today, vendor-managed inventory (VMI) has become an increasingly effective process and business model to help organizations share risk and information between vendors and customers — while benefitting from lower stockouts, reduced uncertainty and lower costs. Lower order volatility.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

RFgen

JUNE 2, 2023

A New Perspective on Inventory Management Inventory management can feel like a constant game of cat and mouse—chasing after ever-changing demand while trying to balance stock levels. As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Software 52

SCMDOJO

JUNE 27, 2024

The Use of AI in Demand Forecasting and Inventory Management AI applications in demand forecasting allow oil companies in Forth Worth to predict market demands more accurately, thus optimizing inventory levels and reducing wastage. Storage Complexities : Managing large inventories and maintaining product integrity.

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Inventory Reduction 98

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

Supply Chain Shaman

JUNE 21, 2023

Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. We find that the companies with the most marked improvement in a balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) are smaller and less well-known.

Gartner 364

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 364

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

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. The Importance of Inventory Replenishment. MicroVention Case Study. Download Case Study. Factors to Consider.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

ShipBob

AUGUST 23, 2023

Inventory is an important asset. And since ecommerce businesses deal with different types of inventory on a daily basis, it’s important that you understand all of them well. In this article, we demystify the main types of inventory, as well as ecommerce-specific inventory.

Inventory Management Software 52

Inventory Management Software Modeling Software Optimization Software Predictive Analytics Software 52

SCMDOJO

JANUARY 23, 2023

It covers major supply chain processes such as managing supply and demand, warehousing, inventory control, transportation, and route optimization. It covers the three main procedures that make up effective supply chain planning: demand planning, sales and operations planning, and inventory and supply planning.

Prescriptive Analytics Software 132

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 132

USC Consulting Group

JUNE 14, 2021

It’s a useful process, but we’ve found a lot of our clients do not include inventory as a strategic tool in their S&OP process. “ One lever of control in the SIOP process is to make inventory harder working as a strategic tool. With SIOP, you can make your inventory work harder for you.

eBook 52

eBook Inventory Reduction Supply Chain Planning Software Supply Chain Planning 52

ShipBob

APRIL 15, 2024

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

ToolsGroup

NOVEMBER 2, 2020

For example, within an audit workflow multiple stakeholders across various regions can apply detailed market knowledge specific to their regions to the demand baseline forecast for a more accurate result. Read the full Melitta case study below. Read Case Study. Michael Youssef.

Forecasting 287

Forecasting Forecasting Software Optimal Sourcing S&OP 287