Logistics Viewpoints

MARCH 6, 2025

manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Strategic moves like bulk buying, closer supplier partnerships, and syncing procurement with supply chain planning can tighten inventory, cut waste, and free up cash. What Is Agile Procurement?

Price Reduction 232

Price Reduction Material Savings Cost Reduction Strategies Waste Reduction 232

ToolsGroup

APRIL 7, 2025

This uncertainty makes dynamic inventory replenishment optimization essential for business success. Effective inventory optimization directly impacts customer satisfaction, loyalty, operational costs, and waste reduction making it a critical business function in todays volatile market.

Inventory Reduction 156

Inventory Reduction Modeling Optimization Software Supply Chain Optimization 156

ToolsGroup

MARCH 12, 2025

Equally perplexing is inventory optimization. Many assume that increasing inventory is necessary to improve service levels. But businesses that get inventory optimization right can boost service levels by 3-5% while reducing overall inventory by 15-30%. Doesnt reducing inventory hurt service levels? Wait, what?

Inventory Reduction 156

Inventory Reduction Modeling Optimization Software Supply Chain Optimization 156

Logistics Viewpoints

MARCH 26, 2025

Traditional supply chain planning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks.

Supply Chain Planning Software 237

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Planning 237

Logistics Viewpoints

APRIL 10, 2025

Resilience is the ability to respond to disruption while maintaining core operations, and more companies are shifting their strategies accordingly. Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust. Finally, rigid fulfillment networks compound the problem.

Optimal Sourcing 227

Optimal Sourcing Modeling Cost Reduction Strategies Supply Chain Optimization 227

Logistics Viewpoints

JULY 30, 2024

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.

Inventory Reduction 305

Inventory Reduction Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 305

RFgen

DECEMBER 26, 2024

Introduction Inventory management is the backbone of a successful supply chain operation, but it’s often a source of persistent frustration. Mobile inventory management offers a transformative solution, providing the real-time data and streamlined workflows needed to optimize operations and gain a competitive edge.

Inventory Reduction 98

Inventory Reduction Optimal Sourcing Inventory Management Software Waste Reduction 98

ToolsGroup

OCTOBER 14, 2024

This article will examine the challenges Belcorp faced with managing its extensive product range and complex supply chain and how our solution set, which includes Service Optimizer 99+ (SO99+), Demand Planning, and the Multi-Echelon Inventory Optimization (MEIO) model, transformed their operations. It played out as follows.

Modeling 156

Modeling Supply Chain Planning Software Inventory Reduction Supply Chain Optimization 156

Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Market Intelligence: Suppliers often have access to valuable business and supply market intelligence, which can inform a company’s strategy especially in the area of direct spend.

Manufacturing Procurement 298

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 298

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

RFgen

NOVEMBER 27, 2024

That’s where data analytics comes in. Modern supply chains thrive on real-time data, execution-focused applications, and dynamic decision-making. In this post, we’ll explore how data analytics can revolutionize your supply chain. Demand Forecasting: Analyze past data to predict future needs.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

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

JANUARY 21, 2025

This year’s conference brought together industry leaders, tech pioneers, and retail professionals to address challenges and opportunities, to explore technologies and strategies that promise to revolutionize the industry. Here are the key insights we gathered firsthand at this year’s event.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Inventory Reduction Price Reduction 156

Logistics Viewpoints

FEBRUARY 3, 2022

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

Inventory Reduction 331

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 331

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

Logistics Viewpoints

DECEMBER 18, 2024

Key strategies include: Electrification of Transport: The use of electric vehicles (EVs) for freight and last-mile delivery reduces emissions and operational costs. AI-powered warehouse management improves inventory flow and reduces waste. Blockchain also facilitates collaboration by sharing verified data across stakeholders.

Optimal Sourcing 273

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

Logistics Viewpoints

FEBRUARY 20, 2024

Demand is at the Heart of Supply Chain Network Design The first step in the SCND process is translating business rules into a set of data inputs: demand, products, customers, sites, shipment rules, production details, and various constraints. Another strategy is to dedicate resources and build the best algorithm for demand forecasting.

Sourcing Strategies 312

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 312

Logility

JANUARY 12, 2024

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. This sector, characterized by its diversity in consumer trends and seasonality, demands high precision in planning and execution.

Inventory Reduction 246

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 246

ToolsGroup

MARCH 26, 2025

Safety Stock: Navigating Supply Chain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supply chain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties. Forecast Inaccuracy Strategically offsets errors in predicting future demand.

Supply Chain Planning Software 156

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Planning 156

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. acquired by SAP).

Optimal Sourcing 278

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 278

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

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

Precoro

DECEMBER 24, 2024

Procurement AI enables teams to quickly process mountains of data, uncover hidden patterns, and automate repetitive tasks like invoice processing and supplier evaluations. Read on to explore key AI use cases in procurement, the challenges businesses face, strategies to overcome them, and the exciting opportunities AI brings for the future.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

ToolsGroup

MARCH 30, 2022

It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. ToolsGroup simplifies the task of creating orders for individual points of sale and monitoring inventory levels. Optimized transport.

Supply Chain Planning Software 317

Supply Chain Planning Software Optimization Software Modeling Supply Chain Optimization 317

Supply Chain Matters

MARCH 11, 2025

In this commentary we focus specifically on the importance of a broader end-to-end data management framework while overcoming the fragmentation of data that is locked in separate, unconnected software applications.

Supply Chain Execution 95

Supply Chain Execution Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 95

RFgen

DECEMBER 19, 2024

Infrastructure Limitations: Existing infrastructure, including utilities, data networks, and support systems, may struggle to handle increased demand. Material Flow: Optimize material flow patterns to accommodate increased volume without creating bottlenecks or excessive inventory. Upgrades and expansions may be necessary.

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

ToolsGroup

MARCH 11, 2025

Demand forecasting is a critical strategy for supply chain management that can dramatically improve business decision-making and financial performance. However, securing leadership buy-in for demand forecasting technology requires a strategic approach that clearly demonstrates value.

Forecasting 156

Forecasting Inventory Reduction Forecasting Software Price Reduction 156

Logistics Viewpoints

FEBRUARY 4, 2025

AMRs operate with autonomy, navigating complex environments using real-time data. Robotic arms handle repetitive and intricate tasks such as picking and placing items, whereas drones are employed for inventory management and surveillance.

Supply Chain Design Software 273

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

Logistics Viewpoints

DECEMBER 14, 2022

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. According to recent statistical data, vacancy rates for industrial real estate across North America have been declining since 2020 and reached an all-time low in the third quarter of 2022.

Inventory Management Software 264

Inventory Management Software Inventory Management Inventory Reduction Inventory 264

RFgen

DECEMBER 19, 2024

That’s the power of manufacturing data collection. Data transforms operations. Manufacturing data collection is your secret weapon for boosting efficiency, cutting waste, and staying ahead of the competition. Let’s dive in and unlock the potential of your manufacturing data.

Manufacturing Procurement 98

Manufacturing Procurement Optimization Software Supply Chain Planning Software Inventory Reduction 98

ToolsGroup

FEBRUARY 24, 2025

It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. To help you stay ahead, here are four strategies that supply chains leaders are using to win at demand forecasting.

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. To help you stay ahead, here are four strategies that supply chains leaders are using to win at demand forecasting.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

ToolsGroup

NOVEMBER 12, 2024

ToolsGroup was named the leader in the 2024 SPARK Matrix™for Retail Forecasting and Replenishment for its ability to optimize demand forecasting and deliver more strategic pre- and in-season replenishment and allocation strategies in complex retail environments. For more available research, please visit [link].

ToolsGroup 156

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

ModusLink Corporation

JANUARY 30, 2025

A data-driven, holistic approach is essential to ensure that organizations stay agile, cost-effective, and resilient during times of uncertainty. In this blog, well explore key strategies to enhance supply chain resilience and highlight how services like those offered by ModusLink can help businesses navigate these challenges effectively.

Sourcing Strategies 78

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 78