Logistics Viewpoints

OCTOBER 19, 2023

Even worse, I work for a company who makes solutions to help companies solve these kinds of problems, which I listen, speak and write about for a living! The issue wasn’t poor planning – they had the inventory. Customer service couldn’t call the DC, only email them, and her emails weren’t getting responses.

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 259

New Horizon Supply Chain Blog

DECEMBER 8, 2022

Introduction: Why Inventory Balancing? Inventory balancing (also called inventory rebalancing), the periodic transfer of inventory from supply chain locations with too much inventory to locations with too little, is an underutilized supply chain tactic. In such cases, inventory balancing is often the best option.

Boston 52

Boston Inventory Reduction Research Inventory 52

Logistics Viewpoints

JUNE 20, 2022

VF Corporation is Building a Highly Automated DC on the West Coast. They are looking to take their global end-to-end demand for both wholesale and retail operations, flow that into the o9 solution, and then build one demand plan across their entire supply base. “We There will be no emails or spreadsheets.

Agile and Lean Supply Chain 237

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 237

PINC

APRIL 29, 2020

Technology solutions help reduce physical contact to a minimum. Routine procedures like gate check-ins and paperwork signing can move to the cloud via software-as-a-service (SaaS) solutions. live/drop, type of inventory, type of equipment, load status, etc.). The gate arm opens automatically and the driver proceeds.

Demand Planning Software 147

Demand Planning Software Logistics Network Optimization Software Inventory Reduction Supply Chain Software 147

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. I found the topic–so simply expressed–required deep thought.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

ToolsGroup

MARCH 1, 2018

Employing machine-learning based forecasting tools, retailers can predict potential sales at the front-end of the assortment planning process. Yet paradoxically retailers front-load inventory to the store, under the belief that goods must be on the shelf to sell. Engineer Profit.

Inventory Reduction 189

Inventory Reduction Retail Inventory Supply Chain Planning Software 189

GlobalTranz

DECEMBER 8, 2015

If you are a manufacturing company or distributor, you most likely are using a warehouse or distribution center to make sure you are able to store inventory, replinish store fronts, and easily send goods to customers or receive goods for manufacture or distribution. A slot can be part of a shelf or the entire shelf.

DC 120

DC Warehousing Supply Chain Design Software Supply Chain Planning Software 120

Supply Chain Shaman

SEPTEMBER 22, 2021

This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). The solution was too black box. Hence the solution couldn’t be much maintained. We started the pandemic with twenty-one more days of inventory than we had in 2007.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Silvon Software

NOVEMBER 14, 2024

Depending on the retailer, this can involve manually downloading files or using automated tools to pull the data into a centralized system. For some companies, it may be necessary to hire data scientists or invest in specialized software to manage this process effectively.

Inventory Reduction 52

Inventory Reduction Price Reduction Resource Reduction Optimal Sourcing 52

Logistics Viewpoints

FEBRUARY 1, 2021

To support this massive speed, we needed a solid replenishment solution in place.” The company’s supply chain planning and automated replenishment solution comes from Solvoyo. The next morning, store managers look at their hand-held terminals to see their recommended purchases. Solvoyo is an end-to-end planning solution.

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Retail 256

Logistics Bureau

OCTOBER 6, 2024

They oversee multiple 3PLs, carriers, and other service providers, offering a comprehensive, end-to-end supply chain solution. APS Advanced Planning Systems – Software tools that use complex algorithms to optimize supply chain planning. It makes complex supply chain management tools more accessible and user-friendly.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 70

RELEX Solutions

JANUARY 15, 2017

Denmark’s biggest retailer, Coop Denmark, expects to save tens of millions through better supply chain management by using RELEX Solutions. Coop, which is in the forefront of worldwide efforts to cut food waste, is building on its relationship with RELEX Solutions to use its integrated retail and supply chain planning solution.

Denmark 53

Denmark Waste Reduction Supply Chain Planning Software Supply Chain Software 53

GlobalTranz

MAY 26, 2021

More customers are simply likely to return items when purchased through e-commerce, and that rate is at least double that of brick-and-mortar purchases. Retailers could persuade 40% of customers to keep items with discounts as low as 5% on a future purchase. Today, as few as 16% of businesses charge for returns.

Reverse Logistics 223

Reverse Logistics Material Savings Logistics Network Optimization Software Logistics 223

SupplyPike

APRIL 10, 2020

Distribution centers are overrun and fairly chaotic right now trying to prioritize and fulfill orders, so be mindful of DC appointments and collect ready times to avoid OTIF or ORAD fines. You’ll need to work with your buyer on revising their purchasing plans to favor high demand items. Another solution is to create inventory reserves.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Supply Chain Game Changer

NOVEMBER 20, 2018

And from one order to the next a customer may choose one delivery solution versus another. While many companies declare that they are Omnichannel fulfillment solution providers are they really? Omnichannel Fulfillment Solutions. You may own and operate the DC or you may have outsourced this responsibility.

Procurement Solutions 43

Procurement Solutions DC Omnichannel Modeling 43

ToolsGroup

SEPTEMBER 13, 2016

Today’s blog analyzes how to compete in this multichannel environment that requires serving the customer in ways that remove the barriers that make consumers think twice about making the purchase. These tools disaggregate forecasts down to the stockkeeping unit level.

Supply Chain Software 120

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 120

Logistics Bureau

OCTOBER 9, 2023

Inventory levels: Current or expected inventory levels at various locations. Inventory turnover: Inventory turns for each SKU. Variable costs: Relating to transportation, labour, and inventory management. Supplier locations: Geographic locations of your suppliers and their lead times.

Network Design Software 77

Network Design Software Network Design Supply Chain Design Software Supply Chain Network Software 77

GlobalTranz

JUNE 14, 2017

Inventory Accuracy. It refers to the in-stock or out-of-stock accuracy of supplier inventory. This KPI should be as high as possible, reflecting accurate inventory available for customers from suppliers. In any warehouse, tracking the product cycle time is essential to managing inventory. Vendor Fill Rate.

Procurement Analytics 191

Procurement Analytics Omnichannel Metrics Supply Chain Design Software 191

Ware2Go

NOVEMBER 15, 2021

Types of Warehousing Services Warehousing Service Level Agreements Retail Warehousing Strategic Warehousing Warehousing for Amazon Fulfillment Understanding Warehouse Management Systems (WMS) Criteria for Choosing a Warehouse Solution Warehousing FAQ’s. By this definition, a warehouse would only provide inventory storage.

Warehousing 105

Warehousing Negotiating Skills Inventory Reduction Supply Chain Network Software 105

Veridian Solutions

JANUARY 6, 2020

Functions traditionally left solely under the realm of a warehouse management system (WMS), such as inventory management, are no longer distinct from those of warehouse control systems (WCS). Therefore, an omnichannel warehouse is the only solution.”. While a WMS was used as the overarching solution, the WCS interfaced with machines.

Supply Chain Design Software 61

Supply Chain Design Software Supply Chain Software Supply Chain Design Inventory Management Software 61

Alloy

OCTOBER 3, 2023

An Introduction to Walmart Luminate Listen to the full episode of the Shelf Life Podcast on Walmart Luminate Walmart Luminate is the retailer’s new data, analytics and reporting tool for suppliers — and it represents a massive step forward in retailer-supplier collaboration. ” – Joel Beal, CEO and Cofounder @Alloy.ai

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

o9 Solutions

DECEMBER 3, 2021

But, executing on that vision so that it comes into fruition requires careful inventory placement, timely replenishment, capacity and flow planning with continuous monitoring of issues, and taking action to mitigate out-of-stocks and resource breaches. Replenish efficiently to improve availability and reduce waste. View Whitepaper.

Optimal Sourcing 52

Optimal Sourcing Food Retail Forecasting 52

GlobalTranz

SEPTEMBER 13, 2018

Primary Challenges in an E-Commerce Shipping Strategy Developing an e-commerce shipping strategy is about more than just considering e-commerce; e-commerce may include the omnichannel purchases in which customers use a variety of online and in-store devices and experiences to make a final decision and complete a purchase.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

6 River Systems

DECEMBER 23, 2019

E-commerce drives growth in warehouses & DCs According to Walker Sands’ The Future of Retail 2019: The Paradox Between Convenience and Connection , consumers are increasingly comfortable shopping online, with 46% saying they’re more open to purchasing big-ticket items such as a car or grill online than they were a year ago.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Warehousing Demand Planning Software 52

o9 Solutions

OCTOBER 1, 2021

However, more retailers are investing in AI technologies including Machine Learning (ML), to help with everything from creating more accurate demand forecasts, to streamlining inventory management. The post Capacity and Flow Planning drives efficient replenishment for Retailers appeared first on o9 Solutions. 21 Day flow plan.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Planning Software Scenario Planning Capacity 52

Logistics Viewpoints

FEBRUARY 22, 2021

Banker : Manhattan Associates, a supplier of supply chain software, is the company that brought KeHE to my attention. Govindarajan : Our previous Supply Chain Purchasing and Inventory Management tools were not enabling us to solve business challenges, we pivoted to Manhattan’s Demand Forecasting and Inventory Optimization software.

Forecasting Software 38

Forecasting Software Supply Chain Planning Software Optimization Software Supply Chain Design Software 38

SupplyPike

MARCH 23, 2020

It’s frustrating having to either purchase a different brand of the product you are looking for or to forgo purchasing the product altogether. Just one Walmart DC is one million square feet, so it can be tough making sure all products are where they need to be. The system aggregates Out of Stock quantities at the DC level.

Forecasting Software 52

Forecasting Software Supply Chain Planning Software Forecasting Procurement Analytics 52

The Network Effect

DECEMBER 5, 2014

How much should be purchased? This is a weekly forecast at best, and is from the DC to the store. Despite billions spent annually in the US for the best computers and most sophisticated software, actual demand varies from forecasts. Only immediate customer requirements are drawn from the protective inventories upstream.

Supply Chain Software 175

Supply Chain Software Forecasting Software Forecasting Supply Chain Network Software 175

Herlitz Inventory Management

MARCH 18, 2019

Retailers with multiple locations inevitably have to deal with higher inventory costs because they need to hold the same items in multiple locations. Hub and spoke means that instead of having each distribution center order from various vendors individually, one DC acts as a hub. For one DC, these 1,000 cases would be a month’s supply.

Modeling 40

Modeling Optimization Modeling Modeling Software Vendor Strategies 40

RFgen

AUGUST 14, 2019

But if you’ve ever looked into best-of-breed WMS solutions available on the market, you may be hesitant to implement advanced warehousing technology due to its complexity and intimidating total cost of ownership (TCO). These challenges are precisely the areas where WMS software can enhance your operational effectiveness.

Optimization Software 55

Optimization Software Supply Chain Design Software Inventory Management Software Supply Chain Planning Software 55

o9 Solutions

MAY 26, 2021

By Vikram Murthi and Dr. Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment. Controlling Business Outcomes with Supply Chain Control Towers.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

By Vikram Murthi and Dr. Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment. Controlling Business Outcomes with Supply Chain Control Towers.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Talking Logistics

JULY 8, 2014

Dock appointment scheduling (DAS) is a powerful tool to eliminate congestion in the distribution center. DAS provides critical data to allow forward deployment of product and cross-docking to accelerate the flow of goods reducing out of stocks and inventory at the same time.

Resource Reduction 121

Resource Reduction Inventory Reduction Supply Chain Planning Software Supply Chain Network Software 121

RFgen

AUGUST 14, 2019

But if you’ve ever looked into best-of-breed WMS solutions available on the market, you may be hesitant to implement advanced warehousing technology due to its complexity and intimidating total cost of ownership (TCO). These challenges are precisely the areas where WMS software can enhance your operational effectiveness.

Optimization Software 52

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

RELEX Solutions

JULY 5, 2017

Case Hankkija: Full-service Agricultural Store Chain Transforms Its Procurement Process. Under its new owner, Hankkija overhauled its entire procurement process, set up a new DC and built its purchasing organization around it. Hankkija also wanted to cut capital tied up in inventory while increasing sales.

Optimal Sourcing 28

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 28

AB&R

DECEMBER 9, 2020

Operations are often multi-faceted, with many different tasks, shifting inventory locations, and new challenges with each passing day. Here are some solutions to optimize your distribution center’s performance. Inventory Control Solutions. In fact, warehouses lose 3,000 hours per year due to their inefficiencies [1].

Optimal Sourcing 52

Optimal Sourcing Optimization Software Price Mitigation Strategies Distribution 52

Slimstock

AUGUST 27, 2019

And on the other, customers can quickly check dozens of options for any purchase so retailers must ensure that their traditional brick and mortar stores add value to the overall shopping experience. For anyone looking to minimize operating costs while maintaining margins, inventory allocation is one area that simply cannot be overlooked!

Inventory Reduction 40

Inventory Reduction Waste Reduction Inventory Retail 40