SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. Effective Distribution Operations require careful planning, coordination, and execution to ensure that products reach their intended destinations in a timely and cost-effectively.

Inventory Reduction 119

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 119

The Smart Software

JULY 16, 2024

In this blog, we will explore how organizations can achieve exceptional efficiency and accuracy with AI-driven inventory optimization. Traditional inventory management methods often fall short due to their reactive nature and reliance on manual processes.

Optimization Software 105

Optimization Software Supply Chain Optimization Inventory Reduction Price Mitigation Strategies 105

Logility

APRIL 2, 2020

Lastly, develop Key Performance Indicators (KPIs) around those measures. A good KPI will be measurable against some benchmark or criteria. It’s relatively easy to identify a large number of KPIs to monitor – but it can be a lot harder to capture the data you’ll need. Featured Download. First Name * Last Name * Email *.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

The Smart Software

SEPTEMBER 5, 2023

Forecasting inventory requirements is a specialized variant of forecasting that focuses on the high end of the range of possible future demand. Traditional methods often rely on bell-shaped demand curves, but this isn't always accurate. The post How to forecast inventory requirements appeared first on Smart Software.

Forecasting 105

Forecasting Forecasting Software Inventory How To 105

Demand Solutions

OCTOBER 10, 2014

Start Crawling Forward with Good Demand Planning. When it came to demand, some started with no system in place, simply reacting to whatever orders came in. You need to start predicting the future with a good demand planning system. It can also help you minimize your inventory—and with it, your overhead costs.

Supply and Demand 124

Supply and Demand S&OP Supply Chain Planning Software Forecasting 124

Logility

SEPTEMBER 5, 2013

He started by building a KPI set that combined basic data from their transaction systems with demand and supply chain planning data from Logility. He utilized the built-in KPI’s and set up his own meaningful and business-specific metrics to drive a proactive S&OP business process. Get the Basics Right.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software KPI Supply Chain Software 100

Logility

SEPTEMBER 5, 2013

He started by building a KPI set that combined basic data from their transaction systems with demand and supply chain planning data from Logility. He utilized the built-in KPI’s and set up his own meaningful and business-specific metrics to drive a proactive S&OP business process. Get the Basics Right.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software KPI Supply Chain Software 100

Unleashed

FEBRUARY 1, 2023

The onset of COVID and the rapidly changing environment of a pandemic-hit world has meant demand planning has become more difficult – and as a result, more critical – than ever. What is demand planning? Demand planning is the process of predicting what customer demand will be for a certain product.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

The Smart Software

MARCH 26, 2024

This video blog holds essential insights for those working with the complexities of inventory management. The session focuses on striking the right balance within the inventory tradeoff curve, inviting viewers to understand the deep-seated importance of this equilibrium.

Inventory 105

Inventory Inventory Management Software Video Supply Chain Planning Software 105

QAD

FEBRUARY 12, 2025

Updated: February 12, 2025 Published: October 24, 2023 The main goal of demand planning is to strategically balance inventory levels so that theres enough stock to satisfy customer demands without having to pay for excess inventory. Lets explore the critical elements that will set your demand plan apart.

Supply and Demand 52

Supply and Demand Modeling Supply Chain Planning Software Demand Planning 52

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Inventory Turnover (Cash). Procurement Cost.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Logistics Viewpoints

MARCH 4, 2021

While the goal can be to automate many of the planning decisions, keep in mind that there will always be tactical and strategic decisions that will not be automated but can still benefit from digital transformation. Therefore autonomous planning should not be treated as just a black box running your operations. and Europe.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 290

The Smart Software

MAY 23, 2019

The post Quantum Inventory Theory? Among the oddities are “superposition”, “entanglement”, and “quantum foam.” Weird as these phenomena are, I cannot help seeing analogs in the supposedly different world of supply chain management. appeared first on Smart Software.

Inventory 92

Inventory Supply Chain Planning Software Supply Chain Software Modeling Software 92

ToolsGroup

MAY 4, 2020

BOSTON (May 5, 2020) ToolsGroup, a global leader in supply chain planning software, today announced a new online COVID-19 Supply Chain Action Center and resources to help companies quickly respond to Coronavirus risks and speed supply chain recovery. We truly have best-in-class demand planning teams, processes and tools.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Supply Chain Disruption Supply Chain Software 120

The Smart Software

FEBRUARY 20, 2024

Our customers have usually settled into one way to manage their service parts inventory. The professor in me would like to think that the chosen inventory policy was a reasoned choice among considered alternatives, but more likely it just sort of happened. Maybe the inventory honcho from long ago had a favorite and that choice stuck.

Policies 100

Policies Inventory Supply Chain Planning Software Demand Planning Software 100

SCMDOJO

MAY 30, 2024

From the warehouse manager overseeing inventory to the transportation coordinator organizing routes, each member of the logistics department plays a crucial role in getting products from point A to point B. This includes optimizing storage space, implementing proper inventory control systems, and ensuring the safety and security of goods.

Optimal Sourcing 98

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 98

Supply Chain Shaman

FEBRUARY 12, 2017

Note that neither company is making progress at the intersection of operating margin and inventory turns. Performance of BMS and Merck at the Intersection of Inventory Turns and Operating Margin. Orbit Chart for Novo Nordisk at the Intersection of Operating Margin and Inventory Turns for the period of 2006-2015. Opportunities?

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

Supply Chain Movement

MAY 19, 2016

As senior vice president operations, I am the business owner of all operations from demand planning to execution, procurement to manufacturing. We have taken out costs big time by implementing an end-to end KPI dashboard and we remain very cost sensitive. We completely changed our demand planning processes.

Supply and Demand 60

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 60

The Smart Software

JULY 31, 2023

Often companies will insist that they “don't use forecasts” to plan inventory. They often use reorder point methods and are struggling to improve on-time delivery, inventory turns, and other KPIs. The post Everybody forecasts to drive inventory planning.

Forecasting 98

Forecasting Forecasting Software Supply Chain Planning Software Inventory 98

Unleashed

DECEMBER 11, 2022

For example, the warehouse KPI ‘Receiving accuracy’ can determine if your receiving process is as accurate as you need it to be. This KPI helps you understand the efficiency and accuracy of your demand planning and forecasting processes. High inventory turnover rates indicate strong sales or insufficient stock on hand.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

The Smart Software

APRIL 11, 2019

An inventory professional who is responsible for 10,000 items has 10,000 things to stress over every day. The post Stop Leaking Money with Manual Inventory Controls appeared first on Smart Software. Double that for someone responsible for 20,000 items.

Inventory 79

Inventory Modeling Software Supply Chain Planning Software Forecasting Software 79

Unleashed

APRIL 18, 2023

Great inventory management comes down to good systems, good processes, and constant improvement. The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

BlueYonder

APRIL 9, 2024

This includes demand planning, volume assessments at a granular level, knowing where best to source from to meet omni-channel demand, where to then position inventory based on known demand and where customers are located, and, of course, how best to then fulfill orders and to optimize the last mile.

Optimal Sourcing 117

Optimal Sourcing Sustainability Material Savings Waste Reduction 117

BlueYonder

MARCH 25, 2022

Simply put you can’t manage what you can’t see and with the current environment not only do supply chains professionals need to see aspects like inventory and orders but also disruptions to predict their impact on the supply chain and be in a position to take mitigating actions. .

Modeling 98

Modeling Scenario Planning Supply Chain Planning Software Supply Chain Strategy 98

Unleashed

AUGUST 15, 2024

Choosing the right inventory management system is crucial for optimising business operations, improving accuracy, and increasing overall efficiency. This guide explores five of the best Zoho Inventory alternatives currently on the market.

Inventory Management Software 52

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

The Smart Software

MAY 20, 2024

In this blog, we will discuss today's fast-paced and unpredictable market and the constant challenges businesses face in managing their inventory and service levels efficiently. The post Overcoming Uncertainty with Service and Inventory Optimization Technology appeared first on Smart Software.

Optimization Software 59

Optimization Software Inventory Management Software Supply Chain Planning Software Demand Planning Software 59

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Improved Customer Satisfaction A structured department is better equipped to handle customer demands. Analyzes data to predict future inventory requirements and avoid stockouts.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Supply Chain Movement

AUGUST 31, 2017

Companies are increasingly investing in their sales and operation planning (S&OP) process and tools. Gartner, an American technology research and advisory firm, considers demand planning accuracy at the top of the list of key supply chain performance indicators. Demand planning is becoming more sophisticated.

Supply Chain Planning Software 68

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Planning 68

The Smart Software

DECEMBER 18, 2020

The post Webinar: Maximize Revenue and Minimize Inventory Costs appeared first on Smart Software. Please join our webinar featuring Greg Hartunian, CEO of Smart Software, who will explain how optimization works and how it compares to traditional approaches that pick an arbitrary service level target. .

Inventory 59

Inventory Optimization Software Modeling Modeling Software 59

The Smart Software

MAY 20, 2024

This video blog holds essential insights for those working with the complexities of inventory management. The session focuses on striking the right balance within the inventory tradeoff curve, inviting viewers to understand the deep-seated importance of this equilibrium.

Inventory 52

Inventory Inventory Management Software Video Supply Chain Planning Software 52

DynaSys

MARCH 17, 2020

Because the company relied on a state-of-the-art DSCP planning system covering the entire S&OP process from demand, production, and inventory through procurement and supply planning, integrated into the corporate global financial plan. Scenario Planning: Absolutely Critical.

Supply Chain Planning Software 93

Supply Chain Planning Software Scenario Planning Modeling Demand Planning Software 93

Elementum

MAY 23, 2019

There were multiple sessions in the agenda on this topic, but the one that I found to have the most insightful information was the S&OE case study presented by Marko Pukkila, Gartner Vice President, and Aaron Baker, Director of Operations Inventory Management at Levi Strauss & Co. Inventory Available !=

Supply Chain Design Software 60

Supply Chain Design Software Gartner Supply Chain Design S&OP 60

The Smart Software

JULY 8, 2019

In this blog, we review 10 specific questions you can ask to uncover what’s really happening with the inventory planning and demand forecasting policy at your company. The post Reveal Your Real Inventory Planning and Forecasting Policy by Answering These 10 Questions appeared first on Smart Software.

Forecasting 60

Forecasting Policies Forecasting Software Supply Chain Planning Software 60

The Smart Software

DECEMBER 17, 2020

Please join our webinar at Dynamics Communities, featuring Greg Hartunian, CEO of Smart Software, who will identify the main problems of inventory planning processes and show in a live Demo how to solve them. The post Dynamics DAC Webinar: Inventory Planning Processes. appeared first on Smart Software.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Supply Chain Planning Scenario Planning 52

The Smart Software

OCTOBER 2, 2023

Dealing with the day-to-day of inventory management can keep you busy. For that, your inventory software should show you metrics – and not just one, but a full set of metrics or KPI’s – Key Performance Indicators. KPI’s and KPP’s appeared first on Smart Software. The post How Are We Doing?

Inventory Management Software 105

Inventory Management Software Metrics Supply Chain Planning Software Forecasting Software 105

Bristlecone

JULY 31, 2020

RETHINKING DEMAND PLANNING FOR THE FUTURE. The demand pattern volatility we’ve seen since the onset of the COVID-19 crisis have made traditional statistical forecasting models obsolete. Learn how one hi-tech manufacturer is using this powerful tool to solve excess inventory problems. Read Press Release. Read Case Study.

Supply Chain Software 52

Supply Chain Software Analytics Software Supply Chain Planning Software Supply and Demand 52

The Smart Software

JANUARY 13, 2022

Please join our webinar and learn how to plan optimal inventory levels and purchase quantities for thousands of items when demand is intermittent, constantly changing, or affected by unexpected events. The post January 2022: Maximize service levels and minimize inventory costs appeared first on Smart Software.

Purchasing Skills 52

Purchasing Skills Inventory Modeling Procurement Solutions 52