Logility

MAY 25, 2022

Now more than ever, the conventional silos of planning, sourcing, and procurement teams must be connected into one cohesive network. A digital supply chain platform enables these interactions between planning, sourcing, and procurement ? Let’s face it ? the traditional supply chain model is falling short. What Needs to Change?

Optimal Sourcing 130

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

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

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

SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

Inventory Reduction 98

Inventory Reduction Analysis Material Savings Optimal Sourcing 98

Logistics Viewpoints

JULY 23, 2024

Collaborative discussions can help identify relevant data sources and metrics that capture the end-to-end supply chain process and align with overall business goals. Data inventory and assessment: Conduct a comprehensive inventory of available data sources within the organization, including internal systems (e.g.,

Optimal Sourcing 269

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 269

BlueYonder

NOVEMBER 10, 2023

The wholesale distribution and manufacturing (WD&M) landscape is entering a new era. In short, a world of pain — including increased cost-to-serve, missed sales, lost customers, inventory shortages, margin shrinkage, and limited to no inventory visibility across networks and nodes. The result? So, what’s the solution?

Manufacturing Procurement 87

Manufacturing Procurement Optimal Sourcing Real-time Visibility Demand Planning Software 87

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. However, inventory is also an essential asset for many businesses.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130

Kinaxis

MARCH 22, 2017

by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. The equivalent of 7% of America’s GDP is tied up in inventory, and accounts receivable and payable. Implementing inventory optimization.

Optimal Sourcing 196

Optimal Sourcing Supply Chain Optimization Network Optimization Inventory Reduction 196

Enterra Insights

APRIL 27, 2021

Quick delivery, lean operations and a widely distributed footprint have been the top priorities. 3] Following year-long discussions about supply chain resilience, the Economist reminds us, “Resilience comes not from autarky but from diverse sources of supply.”[4] But as the Suez Canal crisis shows, looks are deceiving.”[3]

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

SYSPRO Smarter ERP

OCTOBER 4, 2021

A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. For the manufacturing and distribution CEO the challenge is not only getting back to pre-pandemic operations, but crafting businesses that emerge more resilient than before.

Manufacturing Procurement 119

Manufacturing Procurement Distribution Sourcing Strategies Manufacturing 119

GlobalTranz

JANUARY 31, 2018

You know better than anybody that the layman would probably never believe how complicated distribution center management can be. Below are 12 distribution center best practices and other ideas to help you look for ways to make your operations and work environment sing like the well-oiled machines they are. . the better off you’ll be.

Vendor Strategies 187

Vendor Strategies Distribution Inventory Reduction Just-in-Time 187

Supply Chain Shaman

JULY 31, 2024

What is the role of make, source, and deliver? In our work with Georgia Tech using data from 1982-2023, we find that the R² of the Regression analysis of Cost-of-Goods Sold/Inventory Turns when compared to correlations of Operating Margin/Inventory turns to Market Capitalization/employee is 40-65% lower.

Supply Chain Planning Software 326

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 326

BlueYonder

NOVEMBER 16, 2023

Marketplaces are amping up the competition, muscling in on wholesale distribution market share. More than half of B2B customers surveyed by Deloitte indicated that delivery issues would cause them to switch to a different wholesale distribution or manufacturing supplier. The choices are no longer “either/or”. Now, it’s “yes/and”.

Manufacturing Procurement 88

Manufacturing Procurement Distribution Logistics Network Optimization Software Optimal Sourcing 88

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Logility

NOVEMBER 19, 2021

Br idge the gap between marketing activity and inventory management with a better understanding of the impact of pricing and promotion on inventory. Users can leverage the technology to understand the impact of pricing and promotion on demand (the ‘lift’) and take action to ensure inventory positions are sufficient.

Modeling 130

Modeling Forecasting Software Supply Chain Planning Software Supply Chain Design Software 130

Supply Chain Game Changer

MAY 6, 2021

The Future of Distribution article and permission to publish here provided by Jake Rheude. The eCommerce distribution system is never static, as new technologies cause fundamental changes in how distribution works. The future of distribution is changing more quickly every year. Distribution Yesterday and Today.

Distribution 98

Distribution Supply Chain Design Software Supply Chain Planning Software Modeling Software 98

Unleashed

DECEMBER 20, 2021

Here we explain what multichannel involves, why it’s so complex, and how you can give your multichannel operation a strong foundation with a robust inventory management system. What is multichannel inventory management? In other words, it’s inventory management that takes into account multiple sources of information.

Inventory Management Software 97

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 97

SYSPRO Smarter ERP

NOVEMBER 18, 2024

There are several business processes that an ERP must have to support automotive distribution. What is automotive distribution? The data can be used to identify inefficiencies in the supply chain, improve inventory management, and streamline operations. An ERP provides a central repository for all a distributor’s data.

Automotive 52

Automotive Optimal Sourcing Purchasing Skills Manufacturing Procurement 52

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

Supply Chain Matters

SEPTEMBER 26, 2023

Supply Chain Matters highlights reports of distribution challenges of updated Covid-19 booster vaccines amid a surge in vaccination needs across the country. Production sourcing and distribution is predicated on the needs of drug companies and insurance providers. Across the U.S. , All rights reserved. The post U.S.

Distribution 52

Distribution Pharmaceutical Supply Chain Design Software Supply Chain Design 52

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

ThroughPut

MAY 24, 2024

Managing inventory in a supply chain is complex due to issues like downtime, delays, and demand fluctuations. Multi-Echelon Inventory Optimization (MEIO) is the solution, offering a sophisticated approach to optimizing stock levels, reducing costs, and improving service. What is Multi-Echelon Inventory Optimization?

Optimal Sourcing 52

Optimal Sourcing Modeling Inventory Reduction Optimization Software 52

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 83

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 83

ToolsGroup

JULY 13, 2023

You not only need to manage an ever-increasing lot of centralized distribution centers, but hundreds of stores on top of it. Hear more about this exciting launch from our CEO, Inna Kuznetsova: Omnichannel fulfillment introduces new complexity into sourcing decisions. And the larger your network, the more complicated it becomes.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

ThroughPut

JUNE 29, 2024

As a retail inventory planner, you strive to deliver precise replenishment plans—ensuring the right quantity of stock is available at the right time and place. Yet, managing inventory through multiple spreadsheets linked by complex formulas, or using disparate point solutions that don’t integrate, complicates your task.

Inventory Reduction 52

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

ThroughPut

JUNE 16, 2024

Retailers often need help with inefficiencies, stockouts, and overstocking due to a lack of real-time data and insights into their inventory processes. What are the Challenges of Inventory Delivery Management in Retail? However, achieving this requires robust inventory management systems and technologies.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 52

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Logistics Viewpoints

NOVEMBER 4, 2024

We are no longer just forecasting demand but also when trucks and factory machinery are likely to break down ( predictive maintenance ), the optimal amount of inventory to hold and where it should be held ( inventory optimization) , and labor forecasting in the warehouse. Autonomous trucks will revolutionize logistics.

Supply Chain Planning Software 284

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 284

The Logistics of Logistics

SEPTEMBER 25, 2023

He has extensive experience in the industrial supply chain and distribution space, as he was recognized as a Supply Chain Pros to Know by Supply and Demand Chain Executive in 2021, 2022, & 2023. Industrial Distribution business unit. Reduces duplicate materials and centralizes inventory to improve efficiency and reduce costs.

Optimal Sourcing 265

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 265

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently?

Optimal Sourcing 136

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 136

Freightos

JUNE 6, 2023

Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. Businesses quickly began to notice a different beast: a significant decrease in consumer demand compounded by looming inventory excesses.

Manufacturing Procurement 305

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 305

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Game Changer

NOVEMBER 24, 2018

What is the difference between Logistics and Distribution? Without consulting a dictionary both Logistics and Distribution suggest imagery involving the movement of goods. Let’s start by considering the common definitions that are used for each of Logistics and Distribution. Distribution. ” [link].

Distribution 92

Distribution Logistics Network Optimization Software Logistics Sourcing Strategies 92

Unleashed

DECEMBER 14, 2021

A wholesale food distributor acts as a middleman between food and beverage manufacturers and operators, supporting the end-user by streamlining product distribution. What role do wholesalers play in the food distribution network?? Wholesale food distribution is quite a different proposition from retail.

Food 98

Food Purchasing Skills Distribution Price Reduction 98

LevaData

FEBRUARY 14, 2022

But these days, it's top-of-mind for sourcing and procurement professionals like never before. Sourcing- and Procurement-Specific Challenges. Issues like torrential flooding to devastating hurricanes can (and will) affect environments in which materials are sourced, leading to decreased supply and price increases.

Sourcing 80

Sourcing Procurement Supply Chain Planning Software Supply Chain Design Software 80