Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy. What is warehouse inventory management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Supply Chain Shaman

NOVEMBER 29, 2021

Current supply chain systems either optimize volume or currency. An ongoing opportunity is bi-directional orchestration of currency and volume impacts with shifts in mix (types of products sold). Inventories are out of balance with demand and the rising need for write-offs. Chemical Sector Inventory Availability.

Supply Chain Planning Software 273

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 273

Logility

MARCH 21, 2023

Finance teams speak about business issues in terms of currency and margins, while supply chain operations make decisions based on volumetric conversations around units, capacity, and lead time. This information allows CSCOs to react to real-time differences between inventory levels, budgets, and fiscal projections.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimal Sourcing Scenario Planning Supply Chain Planning 130

Supply Chain Shaman

NOVEMBER 29, 2021

Current supply chain systems either optimize volume or currency. An ongoing opportunity is bi-directional orchestration of currency and volume impacts with shifts in mix (types of products sold). Inventories are out of balance with demand and the rising need for write-offs. Chemical Sector Inventory Availability.

Supply Chain Planning Software 195

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 195

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

EMERGE App

DECEMBER 25, 2023

These challenges encompass Purchasing, Production Planning, Sales-Distribution, Inventory Management, Warehousing Management, Human Resource Management (HRM), and Finance. The importance of Inventory management in business Inventory management holds immense importance in business operations.

Inventory Management Software 52

Inventory Management Software Procurement Solutions Supply Chain Planning Software Inventory Management 52

ToolsGroup

FEBRUARY 4, 2020

In a recent KPMG study, 69% of manufacturing CEOs say acting with agility is “the new currency of business; if we’re too slow, we will be bankrupt.” When demand changes faster than a company’s ability to respond, you can end up with the wrong SKU mix and locations, frequent internal inventory transfers and expedites with high freight costs.

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Supply Chain Software 232

EMERGE App

DECEMBER 25, 2023

These challenges encompass Purchasing, Production Planning, sales distribution, Inventory Management , Warehousing Management , Human Resource Management (HRM), and Finance. The importance of Inventory management in business Inventory management holds immense importance in business operations.

Inventory Management Software 52

Inventory Management Software Procurement Solutions Supply Chain Planning Software Supply Chain Design Software 52

Logistics Viewpoints

FEBRUARY 2, 2023

A modern solution can also be configured to accommodate customer idiosyncrasies, such as preferred level of invoice detail, billing cycles, accounting periods, and other unique demands, including multi-lingual and multi-currency requirements.

Supply Chain Planning Software 230

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 230

QAD

APRIL 23, 2024

An Introduction to How FTZ Software is Changing FTZ Management for the Better Foreign-Trade Zone (FTZ) management has a reputation for being complex, especially regarding inventory management. US Customs and Border Protection (CBP) requires precise inventory recordkeeping and control. That’s what we’ll be answering today.

Inventory Management Software 98

Inventory Management Software Analytics Software Optimization Software Supply Chain Software 98

Elementum

AUGUST 2, 2022

The direct impact of this phenomenon is weakened purchasing power of other currencies relative to the Dollar. Selling products in US markets for USD, and then converting back to local currencies, will be a win- win proposition for those who can do it. For one salient example, at the beginning of 2022, the Euro was worth $1.13.

Sri Lanka 78

Sri Lanka Supply Chain Planning Software Supply Chain Software Procurement Analytics 78

Unleashed

OCTOBER 20, 2022

Michael Von Euw: ex Operations Manager for Edinburgh Tea and Coffee and now MD of Kontroll Solutions – which provides inventory, financial & e-commerce consultancy. Dominic Sutton: Co-founder at StockTrim – smart inventory forecasting software built for SMEs. Data from your accounting system offers hindsight.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Inventory Management Software Forecasting Software 98

QAD

JULY 18, 2024

While this lowers the actual product cost, it may result in increasing transportation, inventory, warehousing and Customs costs. This cost includes the per-unit price of the product itself, freight charges, taxes, import and export duties, insurance premiums, payment processing fees, currency exchange rates and other expenses.

Purchasing Skills 98

Purchasing Skills Cost Reduction Strategies Expense Reduction Material Savings 98

EMERGE App

AUGUST 2, 2018

You run a lean business model with minimal overheads and using web-based inventory management software plays a big part in this. And you expect the same standard for inventory management software. What to Expect from Web-Based Inventory Management Software. Inventory Transfers, Adjustments and Stock Takes. Customers.

Inventory Management Software 49

Inventory Management Software Inventory Management Procurement Solutions Modeling Software 49

Logility

AUGUST 14, 2020

Better forecasting implementations relate to: Preparing data for analysis; Measuring data currency, coverage and accuracy; Understanding how order fulfilment impacts your forecasts; and. Inventory Management: Low level of aggregation to support SKU level decisions. Measuring data currency, coverage and accuracy.

Forecasting 147

Forecasting Forecasting Software Demand Planning Software Modeling 147

Enchange Supply Chain Consultancy

JUNE 19, 2024

Ensure it supports local payment methods, currency, and shipping options, providing a seamless customer experience. Inventory Management: Evaluate your inventory management practices for efficiency and scalability. Implement systems to optimise stock levels, reduce lead times, and manage inventory across multiple locations.

Negotiating Skills 190

Negotiating Skills Supply Chain Planning Software Resource Reduction Analytics Software 190

ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. Lesson #1: Global supply chain challenges have businesses turning to local suppliers.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

EMERGE App

AUGUST 22, 2019

Not Another List of Inventory Management Techniques. I want to start by saying that this is not an exhaustive list of all the possible inventory management techniques available for all industries. What we will cover are practical inventory management techniques that: Our customers use; and. Downside of Inventory Mismanagement.

Inventory Management Software 66

Inventory Management Software Inventory Management Inventory Reduction Inventory 66

The Network Effect

JULY 18, 2014

A few years ago, a news report came out of China stating that they were going to put an end to pegging the renminbi (China’s domestic currency) against the U.S. This was a long awaited announcement that completely shocked the global currency markets sparking massive trades out of the U.S. dollar into Asian currencies.

Supply and Demand 175

Supply and Demand Supply Chain Planning Currency Supply Chain 175

Supply Chain Shaman

AUGUST 12, 2022

Build a planning master data base to understand current leadtimes, conversion rates and currency fluctuations and analyze the impact of variability on reliability. He was also unaware of how to measure Forecast Value-Added, the Bullwhip impact and the health of inventory. He Was Unaware of What Makes a Good Plan.

Supply Chain Design Software 195

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

Vinculum

MAY 3, 2021

Keep inventory levels updated across all sales channels. A centralized platform for inventory control, orders, sales, and fulfilment, will give you a way to stay on top of everything. Complex supply chain procedures should be simple, and inventory and records should easily be updated when a product is received. SCALABILITY.

Supply Chain Design Software 98

Supply Chain Design Software Forecasting Software Inventory Management Software System 98

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

DynaSys

JANUARY 20, 2021

Finally, be mindful of the currency expected for your receivables and payables. Regional supply chain disruptions can add another worry when payment is expected or receivables need to be covered in a foreign currency – a currency that can dramatically shift in value as the contract is being fulfilled.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Optimization 98

Logility

AUGUST 23, 2021

To ensure long-term growth and protect customer loyalty, businesses need to strive for the automation of supply chain planning – from anticipating emerging demand and optimizing manufacturing capacity to adjusting inventory allocations, minimizing costs, and increasing efficiency when required. Optimizing Inventory Across Supply Chain Tiers.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 130

Kinaxis

AUGUST 11, 2016

You’ll need currency conversions at sales points, but you’ll also benefit from accurate currency conversions at your assessment and planning levels. For example, tracking revenue in each location’s currency helps you to assess those values within that market context. Here are 7 data issues you might need to watch out for: 7.

Data 100

Data Supply Chain Planning Software Supply Chain Planning Forecasting 100

Supply Chain Shaman

JANUARY 15, 2022

Sales incentives drove a positive bias that inflated inventory. Allergic to inventory, Fred worked out arrangements with distributors to push inventory into the channel. He saw all inventory as “bad inventory.” Orbit Chart for Inventory Turns and Operating Margin from 2009-2016 for Company A.

Supply Chain Design Software 195

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

SCMDOJO

SEPTEMBER 19, 2024

He’s increased corporate valuations by over a billion dollars, utilizing his proprietary methodologies to improve customer loyalty, reduce inventory by over $250 million, and increase EBITDA by $100 million-plus annually. His new book is The Supply Chain Revolution: Unlocking the Sustainable Profit Chain.

Purchasing Skills 98

Purchasing Skills Price Reduction Modeling Manufacturing Procurement 98

Supply Chain Shaman

JANUARY 15, 2022

Sales incentives drove a positive bias that inflated inventory. Allergic to inventory, Fred worked out arrangements with distributors to push inventory into the channel. He saw all inventory as “bad.” Mark forecasted based on currency and thought mix-based forecasting at an item level was essentially a waste of time.

Supply Chain Design Software 195

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

Logility

OCTOBER 8, 2021

In addition, the right digital platform for CPG companies provides financial and volumetric plans using multiple currencies and global, regional, and multi-divisional structuring plans. It can provide impact, timing, and risk assessments for new products.

Supply Chain Planning Software 167

Supply Chain Planning Software Forecasting Software Demand Planning Software Modeling Software 167

Logility

APRIL 27, 2021

Logility delivers high-performance SAP ERP-to-Logility integrations in less time, at lower cost, and provides long-term value by continually upgrading software components to maintain currency with data model updates over time. It’s important to know the dangers behind SCM-to-SAP integration, and how to avoid them.

SAP 171

SAP SCM Supply Chain Planning Software Modeling Software 171

ToolsGroup

DECEMBER 20, 2017

This concept has gained a lot of currency recently, but it is actually not new. Are you leveraging detailed demand data to optimize service levels and inventories? But there is also an easy and accessible digitalization step available to nearly all companies, and it involves leveraging the data assets y ou already have.

Supply Chain Planning Software 224

Supply Chain Planning Software Supply and Demand Optimization Software Demand Planning Software 224

Logility

MAY 5, 2020

Our biggest headaches were very basic – we couldn’t easily switch between metric and imperial measures, and currency conversions were a nightmare. You may also like: Sensient Colors Mixes the Right Formula for Inventory Optimization. We still had two separate systems,” Smith said. Finding a global solution was time-consuming. “We

Supply Chain Planning Software 149

Supply Chain Planning Software Logility Supply Chain Optimization Supply Chain Software 149

Unleashed

JUNE 19, 2024

If you’re considering upgrading to cloud inventory software , there are some vital steps you need to take to ensure you make the right decision for your business. This guide will teach you the key criteria to consider when procuring a new inventory system, how to qualify software vendors, and precautions to take before you begin your search.

Inventory Management Software 52

Inventory Management Software Procurement Solutions Forecasting Software Demand Planning Software 52

20Cube Logistics

JANUARY 27, 2022

One more trend that has been highlighted to take place in Asian supply chain is that of a cooling inventory drive. The expansion of capacity by the leading suppliers and manufacturers will keep the inflation rate stable and the supply crunch that occurred in 2020 is going to give way to excessive inventory and supply. .

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

Supply Chain Matters

NOVEMBER 18, 2023

percent in constant currency. Overall inventory levels were $64.0 This profit performance benefited from our team’s commitment to efficiency and disciplined inventory management, and I’d like to thank them for their tireless efforts. Walmart U.S. Consolidated revenues increased 5.3 percent to $159.4 billion or 4.3

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 52

QAD

OCTOBER 24, 2024

Financial Risks: Navigating Economic Turbulence Financial risks, such as currency fluctuations, credit risks, market volatility, and interest rate changes, can significantly impact a manufacturer’s bottom line.

Risk Management 52

Risk Management Waste Reduction Cost Reduction Strategies Resource Reduction 52