ThroughPut

OCTOBER 10, 2024

As businesses globally focus on reducing lost productivity, costly downtime, and rising inventory expenses, effective spare parts management has become a top priority—especially for asset-intensive industries. Therefore, optimizing spare parts management is crucial for the success of supply chain, manufacturing, and maintenance operations.

Inventory Reduction 52

Inventory Reduction Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 52

ShipBob

JANUARY 15, 2024

Financially, it can lead to significant losses as businesses are forced to sell stock at discounted prices, or worse, write off unsold inventory as a loss. In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. The result?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

DELMIA Quintiq

JULY 31, 2023

The food and beverage (F&B) industry has always been highly responsive to changes in consumer behavior, but rising food prices have brought about new challenges—pushing manufacturers to search for new ways to adapt and remain competitive in a rapidly changing market. What is an example of sustainable food?

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156

Supply Chain Game Changer

JULY 7, 2021

You Need A Blue Ocean Strategy! Amazon Supply Chain strategies article and permission to publish here provided by Jae Jun. Amazon Supply Chain Strategies. Automation is just one of the many Amazon Supply Chain strategies. Amazon Manufacturing. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Inventory Reduction 100

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 100

ToolsGroup

NOVEMBER 30, 2020

With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Reduced inventory value of safety stock on clustered items by 18%.

ToolsGroup 156

ToolsGroup Inventory Reduction Price Reduction Manufacturing 156

ModusLink Corporation

MARCH 8, 2023

That includes packaging and distribution resources. It’s your role to figure out to reoptimize efforts and reduce costs. That’s a basic premise in any supply chain optimization strategy. Despite declines in the shipping industry, rates are still higher than average, putting new pressure on packaging and distribution strategies.

Material Savings 78

Material Savings Optimal Sourcing Packaging Resource Reduction 78

Logility

AUGUST 31, 2023

From where they shop and how frequently they buy to what price points entice them, consumer behaviors have been challenging to predict over the past year. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 183

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 183

Oracle SCM

JULY 12, 2017

The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. They prioritized projects that reduced inventory and logistics expenses.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

SYSPRO Smarter ERP

APRIL 11, 2022

Over the last decade, the role of the manufacturing and distribution CFO has undergone a profound shift. survey , 57% of manufacturing CFOs agree that proficiency and knowledge to create an effective plan to operationalize and transition the business into a digitalized and automated manufacturer is the most critical factor globally.

Manufacturing Procurement 105

Manufacturing Procurement Distribution Supply Chain Design Software Manufacturing 105

Enterra Insights

JUNE 27, 2022

1] This means today’s grocery food price hikes are the highest in 42 Years. y/y increase from a range of 5%-6%, according to the May Food Price Outlook report, the highest forecast for all food prices and restaurant prices since 1981, and the highest grocery store price boosts since 1980. .”

Price Reduction 130

Price Reduction Purchasing Skills Manufacturing Procurement Food 130

Supply Chain Shaman

AUGUST 11, 2016

About twice a month, companies ask me to review their strategy documents. Frequently, I see the goal of “build a customer-centric strategy” or define an “end-to-end vision to deliver on the customer promise.” It requires a careful execution of strategy and the connection of strategy to execution.” I am proud of Clorox.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

GlobalTranz

JULY 26, 2016

Part of this drive toward more interest in analytics in distribution and manufacturing comes from the ability of analytics to reduce inefficiencies dramatically and increase productivity in both physical and virtual sales environments. How Are Analytics in Distribution and Manufacturing Being Used?

Analytics Software 120

Analytics Software Predictive Analytics Analytics Distribution 120

Logility

OCTOBER 29, 2021

With the right technology, process manufacturing strategy, planning, and management can be simplified. Manufacturers have been through a trial by fire with supply chain disruptions and changes in demand during the past two years. 4 Digital Solutions That Address the Top Challenges for Process Manufacturers.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

Supply Chain Shaman

NOVEMBER 15, 2023

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. In the PWC survey, the focus for the supply chain leader for the next 12-18 months is cost reduction, which raises questions for me and makes me sad. The result?

Supply Chain Planning Software 409

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 409

ToolsGroup

NOVEMBER 23, 2021

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. 7 practical strategies to minimize risk and manage supply chain shortages. You’re not powerless against supply chain disruptions!

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

ToolsGroup

MARCH 28, 2024

Marcello Pace commented, “We urgently needed a strategy to maximize margin and sell-through rates. About Scarpe&Scarpe From the 1960s to today, from retail to specialized distribution, the Scarpe&Scarpe brand has been the protagonist of great changes while remaining faithful to its mission.

Italy 156

Italy ToolsGroup Inventory Reduction Price Reduction 156

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. For manufacturers, running out of raw materials can lead to delays in production, while wholesalers and retailers can experience a short-term drop in sales and longer-term issues with customer attrition. 5 Inventory Replenishment Strategies to Increase Profits.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 75

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. Some examples of how to meet customer demand and stay agile include: Storing inventory in several distribution centers. Working with multiple manufacturers.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

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. Why did we conduct this study? Because we strongly believe that wholesale distributors are at a crossroads. An inability to make accurate, real-time promises.

Distribution 99

Distribution Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 99

SCMDOJO

AUGUST 16, 2023

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. Among these strategies, the role of supply chain capability stands out as a key factor in driving success.

Inventory Reduction 98

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 98

Logility

OCTOBER 16, 2018

Recently, I was listening to Journey, another of my favorite groups, while reading about the current state of the Wholesale Distribution Industry. The Journey album “ Any Way You Want It ” made me think about the current strategy of wholesale distributors and the desire to provide whatever a customer wants whenever they want it.

Inventory Reduction 124

Inventory Reduction Distribution Price Reduction Resource Reduction 124

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. The focus is on channel data: price; inventory positions; and policies. Order Policy.

Material Savings 191

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 191

ToolsGroup

JUNE 27, 2022

In this article, we’ll break down what vertical integration is, its benefits and disadvantages, its application in supply chain, and the factors to consider when deciding whether it’s the correct strategy for your company. In the middle, you’ve got your manufacturers that take those raw materials and turn them into finished goods.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. By streamlining processes, reducing costs, and improving customer satisfaction, companies can achieve higher profitability and sustainability.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 98

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting. Don’t worry.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Game Changer

JULY 28, 2020

It sounds beneficial on the surface but is it a realistic long term strategy? Every source of materials and components, every manufacturing facility, every warehouse and distribution channel, and every logistics mechanism is duplicated. It reduces risk and preserves a greater chance of ongoing continuity of supply.

Material Savings 100

Material Savings Expense Reduction Resource Reduction Inventory Reduction 100

Logistics Viewpoints

DECEMBER 7, 2021

Workforce shortages and other challenges abound throughout all transportation sectors, and while this may revitalize investments in localized manufacturing, expanded warehousing to hold more inventory, and other efforts, these changes do not solve today’s issues. Carrier capacity management strategies ease the crunch.

Capacity 211

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 211

Veridian Solutions

JUNE 17, 2019

Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. In addition, it solves critical challenges in last-mile strategies, reduces costs associated with inventory management , and more. Challenges of Today’s Last-Mile Strategies. Shippers reduce necessary warehouse space.

Cost Reduction Strategies 60

Cost Reduction Strategies Price Reduction Vendor Strategies Expense Reduction 60

ThroughPut

SEPTEMBER 1, 2022

Breakthrough AI-powered solution eliminates dead stock, beating leading pricing software while leveling the field for fast-growing businesses competing with global players . But that can only be achieved by adopting a demand-first approach, layered with an intelligent pricing and promotion strategy.”. PALO ALTO, Calif.,

Price Reduction 98

Price Reduction Supply and Demand Resource Reduction Inventory Reduction 98

The Network Effect

AUGUST 19, 2014

Big things are happening in today’s industrial distribution landscape–five big things, to be exact. This is evolving rapidly as industrial distribution consolidation continues to pick up pace, and it is also fueled by both eager sellers and eager buyers. Of course, price is always an important factor. Experience.

Price Reduction 186

Price Reduction Distribution Inventory Reduction Cost Reduction Strategies 186

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Supply chain procurement strategies had long been favoring Just in Time procurement. So, should merchants change their supply chain procurement strategies as they head into 2022? The answer to this question is complex.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

ToolsGroup

JUNE 17, 2021

Distribution industry supply chains have always been squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts, and expanding ecommerce. Smart planning alleviates risk of distribution supply uncertainty. Safety stock is used as a buffer to hedge against uncertainty.

Forecasting 295

Forecasting Forecasting Software Modeling Supply Chain Planning Software 295

EMERGE App

APRIL 5, 2024

The picture of wholesale distribution industry in 2024 The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 That was perfect news for those who are still running a wholesale, distribution, or trading business today. Here are some most prominent ways for you to reduce warehouse costs.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

The Logistics of Logistics

SEPTEMBER 15, 2023

About Jonathon McKay Jonathon McKay is a highly experienced partner at PATH specializing in exceptional growth strategies for the supply chain industry. Focused on logistics, manufacturing, and distribution channel strategies, Jonathon helps organizations make confident decisions for bold growth. The Greenscreens.ai

Price Reduction 223

Price Reduction Company Supply Chain Strategy Logistics Network Optimization Software 223