ToolsGroup

MARCH 24, 2021

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. When it comes to inventory management, each piece must operate as a part of a global integrated system to be most effective. This is no easy task.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

ToolsGroup

MARCH 15, 2023

ABC inventory classification has been around so long that most planners just assume it’s the only way to segment your inventory. Let’s examine how inventory management has evolved into inventory optimization so that companies can minimize inventory investment while still hitting service level targets and maximing proftability.

Inventory Reduction 156

Inventory Reduction Inventory Management Software Modeling Inventory Management 156

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

The Logistics of Logistics

JANUARY 9, 2023

Dan Gilmore and Joe Lynch discuss distributed order management (DOM). Softeon is a global provider of supply chain solutions from planning through execution, anchored by a technology platform that has three pillars: Warehouse Management System (WMS) , Warehouse Execution System (WES) , and Distributed Order Management (DOM) system.

Supply Chain Planning Software 185

Supply Chain Planning Software Distribution Supply Chain Network Software Logistics Network Optimization Software 185

GlobalTranz

JUNE 11, 2020

Knowing that your distribution fulfillment strategy is working gives you a better insight into how your business is performing. This is important for reducing order fulfillment errors, improving your inventory management and remaining competitive.

Inventory Reduction 244

Inventory Reduction Supply Chain Strategy Distribution Price Mitigation Strategies 244

Logility

APRIL 3, 2024

The life sciences are integral to the quality of life and lifespan, but the field faces some uniquely difficult inventory challenges. You can then take it a step further with multi-echelon inventory optimization (MEIO), which provides visibility to everything from raw materials, to finished goods.

Supply Chain Optimization 163

Supply Chain Optimization Inventory Reduction Optimization Software Supply Chain Planning Software 163

ToolsGroup

AUGUST 18, 2022

From digitalization and changing workforces to trend reversals and inventory overloads, distributors have their hands full when it comes to tackling the latest supply chain challenges. Trends in Distribution and the Current Supply Chain Environment. Decentralization and the Need for a Single View of Inventory.

Optimization Software 156

Optimization Software Modeling Supply Chain Planning Software Supply Chain Optimization 156

GlobalTranz

SEPTEMBER 11, 2017

It is easy to make analytics the cornerstone of warehouse and distribution center management. While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. Optimized Inventory Builds Credibility.

Supply Chain Optimization 383

Supply Chain Optimization Analytics Software Optimization Software Inventory Reduction 383

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 318

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 318

ToolsGroup

NOVEMBER 19, 2024

This strategic partnership aims to improve demand planning efficiency, optimize inventory performance, and elevate service levels. Ciavarella Pneumatici has established itself as a cornerstone in the Italian tire distribution landscape, serving the B2B market with distinction.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Inventory Reduction 156

ToolsGroup

FEBRUARY 23, 2021

What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging. Anyone can come up with a plan.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Modeling Optimization Software 156

SCMDOJO

NOVEMBER 20, 2024

Excessive and obsolete inventory can cause a business to fail. One needs to mitigate these challenges and learn how to optimize inventory. Healthy inventory optimization management can help a company flourish like a wealthy field. That is why optimizing inventory and reducing obsolescence is a necessity. Click here!

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 52

SCMDOJO

FEBRUARY 20, 2023

Want to streamline your distribution operations? The field of distribution operations is rapidly evolving with the rise of eCommerce, with fierce competition between distributors. It involves various activities, such as warehousing, inventory management, transportation, and logistics.

Inventory Reduction 119

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

The Logistics of Logistics

FEBRUARY 11, 2022

Inventory Management vs. Warehouse Management. Original article: Inventory Management vs. Warehouse Management. That may be because a company might already have an inventory system and wonders what additional capabilities they will get with a new WMS. Inventory Management vs Warehouse Management: Main Differences.

Inventory Management Software 182

Inventory Management Software Inventory Management Warehousing Inventory 182

New Horizon Supply Chain Blog

FEBRUARY 28, 2023

Photo by Pixabay from Pexels Introduction: A Common but Seldom Discussed Problem Starting up a new warehouse or distribution center, or transitioning from one to another, is a common activity for many wholesalers and retailers. This must be done right to maintain service levels while avoiding excess inventory costs.

Distribution 52

Distribution Inventory DC Purchasing Training 52

New Horizon Supply Chain Blog

FEBRUARY 28, 2023

Photo by Pixabay from Pexels Introduction: A Common but Seldom Discussed Problem Starting up a new warehouse or distribution center, or transitioning from one to another, is a common activity for many wholesalers and retailers. This must be done right to maintain service levels while avoiding excess inventory costs.

Distribution 52

Distribution Inventory DC Purchasing Training 52

BlueYonder

JANUARY 22, 2024

Recently, Blue Yonder released the findings of its survey of wholesale distribution executives 1 , which focused on their order management challenges, goals and forward-looking plans. It’s nearly impossible to re-allocate inventory in the most strategic, profitable way on the fly using manual processes. Why did we conduct this study?

Distribution 94

Distribution Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 94

The Logistics & Supply Chain Management Society

JUNE 14, 2023

Managing Inventory amid Regime Change by Thomas Willemain, Ph.D ​If Statisticians use the phrase differently, in a way that has high relevance for demand planning and inventory optimization. This blog is about “regime change” in the statistical sense, meaning a major change in the character of the demand for an inventory item.

Inventory 130

Inventory Supply and Demand Scenario Planning Demand Planning Software 130

crisp

OCTOBER 24, 2024

She understands the critical role of data in navigating growth, particularly in managing lean inventory levels during periods of rapid expansion. Fruitful solution “With Crisp, we can access all our sales and inventory data in such detail, so fast,” Adriane shares.

Supply Chain Planning Software 52

Supply Chain Planning Software Distribution Supply Chain Planning Scenario Planning 52

Logistics Bureau

OCTOBER 9, 2023

If you’ve followed our blog over the years, you’ll know that we’ve shared lots of information about distribution network design, why it’s vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.

Network Design Software 77

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

Logistics Viewpoints

MARCH 17, 2021

In December of 2019, the global grocery retailer Ahold Delhaize announced it was investing $480 million to transform and expand its US supply chain operations to support a strategy to transition the supply chain network into a fully-integrated, self-distribution model.

Sourcing Strategies 259

Sourcing Strategies Supply Chain Software Distribution Optimal Sourcing 259

EMERGE App

DECEMBER 19, 2023

Inventory management is a tough task, especially when you’re starting out. There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market. Best Inventory Management Books of All Time: 1.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

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 66

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 66

ToolsGroup

APRIL 4, 2023

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. These companies understand that one bad experience could jeopardize future sales.

Inventory Reduction 156

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 156

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

My Office Apps

OCTOBER 9, 2023

How Artificial Intelligence is Changing Distribution Management Software The way businesses manage distribution of goods is evolving quickly with advancement of technology today. Traditional distribution management methods are giving way to emerging technologies, and Artificial Intelligence (AI) is leading the charge.

Optimization Software 69

Optimization Software Forecasting Software Inventory Management Software Supply Chain Planning Software 69

ToolsGroup

NOVEMBER 16, 2020

Get out ahead of the competition with better demand forecasting to enable you to carry less inventory while raising service levels. Gruppo Giovannini SpA, a wholesale distributor of electrical spare parts, wanted to implement an S&OP process to better manage its expanding inventory replete with slow moving items. million in 2017.

Inventory Reduction 156

Inventory Reduction Distribution ToolsGroup Forecasting 156

SYSPRO Smarter ERP

FEBRUARY 22, 2024

During Covid-related supply chain disruptions, many manufacturers ran out of warehouse space and began stashing inventory wherever there was room. But misplaced inventory can slow or even halt production and delay shipments to customers. Pallet tracking gives you a way to group and manage inventory items.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

EMERGE App

JULY 11, 2024

With such advantages and disadvantages, management becomes more difficult, forcing managers to have an overview of the entire operation, especially the inventory management which mostly determines the progress of the project. What’s the inventory management solution for the construction business?

Inventory Management Software 98

Inventory Management Software Inventory Management Procurement Solutions Inventory Reduction 98

ShipBob

MARCH 4, 2024

They’re implementing domestic distribution channels that leverage the technology and warehouse locations of a fulfillment partner, like ShipBob. What is domestic distribution? What is domestic distribution? This allows for inventory to be stored closer to customers — no matter where they are located.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Distribution 52

Ware2Go

OCTOBER 27, 2021

Learn the differences between ecommerce distribution centers and fulfillment centers and how the most effective multichannel merchants leverage both to meet consumer expectations for delivery. The Importance of eCommerce Distribution Centers. What Are the Benefits of an eCommerce Distribution Center?

Distribution 98

Distribution Inventory Reduction Warehousing Cost Reduction Strategies 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

BlueYonder

JANUARY 29, 2024

As a Representative Vendor in the latest Gartner ® Market Guide for Distributed Order Management Systems, Blue Yonder is excited to be recognized for our Distributed Order Management system. With distributed order management (DOM) systems, organizations can effectively fulfill and orchestrate orders. All rights reserved.

Gartner 87

Gartner Optimal Sourcing Distribution Supply Chain Design Software 87

Arkieva

MAY 14, 2024

Join our webinar to break free from distribution assumptions. Avoiding the Assumption of Normal Distribution in Safety Stock Calculations was first posted on May 14, 2024 at 8:25 am. Explore alternatives beyond the norm in the world of safety stock calculations.

Distribution 88

Distribution Supply and Demand Supply Chain Planning Supply Chain 88

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Inventory Reduction Modeling 111

BlueYonder

AUGUST 15, 2024

From fulfillment analysts and omni-channel commerce managers to customer success managers, diverse functions are tasked with ensuring that inventory is properly rebalanced following a disruption. Due to a storm, one DC that’s carrying 40 units of inventory is suddenly out of operation. The result?

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Inventory Optimization Software 87