Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. Keith was an undisputed leader in building talent to drive manufacturing excellence. Business leaders are action-oriented and competitive.

Procurement Analytics 353

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 353

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

Inventory Management Software 120

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 120

Kinaxis

JUNE 29, 2015

by Andrew Dunbar The modern day inventory manager described in this series is the backbone of your company’s inventory planning process. She has a strong understanding of supply chain fundamentals and is an expert at controlling the key levers impacting the inventory company’s investment in inventory. Closed Loop.

Inventory Management Software 100

Inventory Management Software Inventory Management Supply Chain Planning Software Predictive Analytics Software 100

Logistics Viewpoints

MAY 11, 2023

In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. By simulating different layouts and testing the efficiency of each one, warehouse managers can identify the most effective configuration to maximize throughput and minimize bottlenecks.

Modeling 312

Modeling Analytics Software Supply Chain Design Software Optimization Software 312

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Why not start with a free online call with one of our IM specialists?

Inventory Reduction 75

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 75

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Unleashed

NOVEMBER 29, 2021

Manufacturers and brick-and-mortar retailers have been using software to manage their inventory for years – but inventory management is even more important when you’re running a business that operates in the complex eCommerce space. Why do eCommerce stores need this level of inventory control?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 98

Supply Chain Shaman

DECEMBER 7, 2023

I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. Of the twenty companies interviewed, only one can answer the question, “Do you have a good inventory plan?” No technology in the market measures inventory health. Yes, I think so.

Supply Chain Design Software 333

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 333

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. An efficient procurement process optimizes vendor selection and purchasing decisions to maintain cost-effective inventory levels. Let’s break down these key components: Procurement: This is where it all begins.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

SCMDOJO

DECEMBER 29, 2024

Key takeaways Importance of Procurement Procurement vs. Purchasing Key Functions Departmental Structure Role Descriptions The blog emphasizes the significance of a well-structured procurement department with qualified personnel to achieve organizational objectives. Read In Detail About Procurement Department Here 2.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 95

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. It is not necessary to buy them from a universal database (such as UPC) particularly if you are just starting out and testing the waters.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

EazyStock

JUNE 24, 2020

Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. It’s already apparent that those supply chain management (SCM) teams that can adapt their operations and respond quickly to these issues will be one step ahead of their competition.

Inventory Management Software 98

Inventory Management Software Inventory Management Procurement Solutions Forecasting Software 98

Supply Chain Game Changer

SEPTEMBER 15, 2021

Featuring Our 10 Best Inventory Management Articles! Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain.

Inventory Management Software 92

Inventory Management Software Manufacturing Procurement Inventory Management Supply Chain Planning Software 92

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. Essential technology solutions, including Warehouse Management Systems (WMS), Inventory Management Systems (IMS), and the transformative power of IoT and automation.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

Supply Chain Shaman

JANUARY 25, 2024

With slim margins and ever-increasing inventories, companies invested less in capital assets. Today, this network operates with less capacity and ballooning inventories. However, the reduction of cost of goods sold (COGS) did not translate to margin due to issues of discipline in managing demand-shaping programs.

Supply Chain Network Software 286

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 286

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? The issues are largely rooted in politics and the lack of clarity on supply chain excellence. Or planned orders to purchase orders?) And how do we measure it? (Is I don’t know.

Supply and Demand 402

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 402

Logistics Viewpoints

NOVEMBER 4, 2021

High e-commerce shopping rates combined with construction delays are causing a strain in the supply of new warehouse space, especially as companies shift their inventory management strategies from just- in-time (JIT) inventory management to larger safety stocks for better responsiveness.

Warehousing 264

Warehousing Inventory Reduction Supply Chain Network Software Inventory Management Software 264

SCMDOJO

OCTOBER 23, 2024

SCMDOJO Aspect SCMDOJO edX Focus & Specialization A dedicated platform focused entirely on supply chain management. Pricing Structure Affordable pricing, with annual access to purchased courses and practical resources through Pro Plan. A general platform covering various subjects, including supply chain.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Course Supply Chain Software 93

RFgen

JUNE 8, 2023

Key Takeaways: Inventory management software with built-in automation has been found to increase accuracy and profits. There is no one-size-fits-all solution for inventory management software—it’s about the best product for your business objectives and industry. accuracy and more. accuracy and more. billion by 2029.

Inventory Management Software 84

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 84

Supply Chain Shaman

MARCH 3, 2013

It was called multi-enterprise inventory optimization. In the beginning, the inventory management solutions of LogicTools , Optiant and SmartOps pushed to take operations research to a new level through supply chain optimization. SmartOps was purchased by SAP. They knew little about the software market. It is no more.

Supply Chain Planning Software 218

Supply Chain Planning Software Modeling Optimization Software SAP 218

GlobalTranz

JANUARY 8, 2016

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Work centers?

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. However, there are no sure bets.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

Logility

JULY 22, 2024

As Raheel Hussain, Director of the Supply Chain Center of Excellence at Reynolds Consumer Products notes during a recent webinar , a level of synchronization is critical to systemically share information and cut down the constant offline back-and-forth (conversations) between different functions.

Continuous Improvement 204

Continuous Improvement Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 204

Logistics Viewpoints

DECEMBER 12, 2022

At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain. S&OP is the key process in effectively balancing supply – what can be made – with demand – what customers want to buy. Typically, supply chain planning drives significant reductions in inventory.

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 264

SCMDOJO

APRIL 11, 2025

Is inventory bloating your costs? A scorecard acts as your dashboard, providing crucial visibility that helps you: Make Data-Driven Decisions: Replace guesswork with facts when evaluating suppliers, processes, and inventory levels. Improve Efficiency: Understand process timelines and inventory holding to streamline operations.

Pricing Training 52

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 52

Supply Chain Shaman

FEBRUARY 14, 2022

Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Mistake #3. My challenge?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

JULY 6, 2020

Frank, the line manager for manufacturing, dominated the meetings. Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. Frank had little patience for Ed.

Agile and Lean Supply Chain 301

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 301

Logility

SEPTEMBER 1, 2023

Demand forecasting plays a crucial role in business success, as it helps predict customer demand and plan inventory effectively. Smart Data Analysis: AI algorithms excel at handling large amounts of data , such as sales history, market trends, and customer behavior. However, traditional forecasting methods often fall short in accuracy.

Forecasting 174

Forecasting Forecasting Software Demand Planning Software Modeling 174

Supply Chain Shaman

DECEMBER 12, 2024

In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. If you, like most, are running your supply chain based on ERP and Excel spreadsheet data, you are not prepared. Inventory Management. No one knows. What to do?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

Logility

DECEMBER 15, 2023

With the combination of advanced inventory management, modern demand planning, and a finely sales and operations process, F&B businesses can navigate fluctuating customer demands, stringent regulations, and a steady flow of new product launches. The time is ripe to move forward with supply chain transformation.

Optimal Sourcing 174

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 174

SCMDOJO

APRIL 11, 2025

Today, their functionality has increased, and businesses are leveraging CRM systems for demand forecasting, buyer behavior analysis, and more intelligent inventory management. Enhance Inventory Management A combined CRM-Shopify platform provides past sales data, allowing procurement teams to make informed purchasing decisions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Forecasting Software Inventory Management Software 52

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. In this inventory replenishment guide: What is inventory replenishment? Bulk buying can also provide leverage for discounted delivery costs.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

AIMMS

OCTOBER 22, 2019

We spoke with David Mackenzie , Transformation & Inventory Director at BT, to learn more about this shift and the role AIMMS has played in enabling it. The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from.

Supply Chain Design Software 240

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 240