Unleashed

JUNE 7, 2023

In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. Supply Chain Dive Inventory optimisation relies on detailed data analysis, inventory management automation , and effective demand forecasting. Without further ado, let’s dive right in.

Inventory Management Software 52

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

20Cube Logistics

NOVEMBER 19, 2020

With technology evolving, the logistics companies are looking ahead with automation and digitalisation with forecasting tools as it has the capability to boost operational efficiency, improve warehouse performance and adequately manage the predictive analysis. What are the popular methods of supply chain forecasting?

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Logistics Network Optimization Software 52

Unleashed

FEBRUARY 29, 2024

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. Retail software automates critical business processes in a way that traditional systems cannot. What is retail software?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Unleashed

MAY 25, 2023

Inventory purchases and storage fees have major impacts on your business’s profitability. By understanding the flow of products into and out of your warehouse, you can minimise these costs – ultimately improving your margins. Warehouse planning is an artform of its own, with strategic thought required around what products go where.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

Unleashed

OCTOBER 6, 2021

Here we explain how you can do this with 16 cost reduction strategies in inventory management?that Using this strategy improves efficiencies in product delivery, frees up capital and reduces warehousing costs. It can also be used to configure warehousing to ensure the most effective storage of the three types of goods.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Logistics Viewpoints

JANUARY 11, 2023

Top 20 Warehouse Automation Suppliers Worldwide ; Clint Reiser. ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. billion globally, and I forecast it to grow to $9.9 Time slot management helps to organize warehouse resources to prepare for an incoming truck.

Logistics Network Optimization Software 223

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 223

ToolsGroup

MARCH 3, 2021

Demand for fashion products also has complex characteristics, with hard-to-predict, sporadic demand, high volatility and impulsive purchases. This article will explore the different retail channels and reveal tips for finally mastering demand forecasting for the fashion industry. line, family, model, item, item/warehouse).

Supply and Demand 296

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 296

Unleashed

DECEMBER 11, 2022

Efficient warehousing is all about knowing what’s working, what’s failing, and what can be improved. When you measure and analyse the right warehouse KPIs, you can make better-informed business decisions based on real data. In this guide to warehouse KPIs: What are ‘warehouse KPIs’ and why should you use them?

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

Logistics Viewpoints

MAY 15, 2023

Blue Yonder is one of the world’s largest providers of supply chain software solutions. GXO is the world’s largest contract warehousing provider. GXO Direct operates warehouses across major markets in the U.S. The network of warehouses enables one day delivery for brands anywhere nationwide. and Canada.

Supply Chain Network Software 214

Supply Chain Network Software Supply Chain Planning Software Optimization Software Forecasting Software 214

ShipBob

JANUARY 15, 2024

Operationally, excess inventory can clog warehouses, making it challenging to manage new stock efficiently. 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. What is inventory glut? What causes inventory glut?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Logistics Viewpoints

JUNE 1, 2023

Now all retailers are re-assessing their sourcing strategies and looking for local alternatives to reduce risks, lead times and carbon footprint. The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions.

Supply Chain Planning Software 197

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 197

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? The 2021 holiday shopping season was characterized by high freight rates, elevated lead times , and over-crowded warehouses. Supply chain procurement strategies had long been favoring Just in Time procurement.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

RFgen

APRIL 12, 2024

Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. To start with, inventory costs go beyond the initial purchase price of goods. From there, the goods are received and put away in the warehouse.

Inventory Reduction 81

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 81

EazyStock

DECEMBER 13, 2020

Did you have frequent stock-outs after adjusting your forecast? In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Improve Demand Forecasting. Optimize Inventory.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Inventory Management Software Resource Reduction 98

Unleashed

AUGUST 23, 2023

Warehouse management is the vital link between receiving goods from suppliers and delivering orders to your customers. In warehouse management, warehouse logistics ensures these processes are optimised to cut costs and boost efficiency. In this warehouse logistics guide: What is warehouse logistics?

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Your competitors are shipping orders at a faster rate than your warehouses can achieve. Specific products subject to over and understocking.

Inventory Management Software 75

Inventory Management Software Inventory Reduction Inventory Management Inventory 75

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. Many business systems also include functionality to support certain inventory management and purchasing processes.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

ThroughPut

MARCH 27, 2024

Every aspect of operations, be it managing the inventory, forecasting demand or fulfilling orders was dependent on human wisdom and intuition. Real-time visibility was lacking, be it in warehousing or transportation, due to which delivery delays were common. Besides, AI is helping retailers optimize inventory, warehouse and pricing.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Competitive advantage: When it comes to making a purchase , customers usually have several options to choose from.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Logistics Viewpoints

FEBRUARY 1, 2021

This has proven to be a successful strategy for Lidl and Aldi as well. To support this massive speed, we needed a solid replenishment solution in place.” The company’s supply chain planning and automated replenishment solution comes from Solvoyo. The Solvoyo solution is not just a forecasting and replenishment solution.

Supply Chain Planning Software 248

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Retail 248

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. Robots are the future of automation and Amazon is on top of it with their purchase of Kiva. Automation is just one of the many Amazon Supply Chain strategies.

Inventory Reduction 100

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 100

ShipBob

OCTOBER 16, 2023

Storing too much inventory eats up your budget in terms of warehousing costs and available capital, but you also need enough inventory to account for unexpected demand or supply problems. Inventory management software will track your inventory and alert you when you reach your SOP. How do you strike the middle ground?

Forecasting Software 98

Forecasting Software Inventory Management Software Demand Planning Software Supply Chain Planning Software 98

Unleashed

MAY 30, 2023

Anticipation inventory is the solution to this problem. Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. Anticipation inventory can be described as the inventory which is purchased in anticipation of expected increases in demand. What is anticipation inventory?

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

Logility

MAY 25, 2023

It’s no longer a luxury but a necessity, a critical cog in the wheel of successful supply chain management and warehousing. Many companies prioritize forecasting and inventory management but often neglect the efficiency of the stock that’s on hand. This is where inventory control techniques come in.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Inventory Optimal Sourcing 130

Unleashed

NOVEMBER 19, 2023

Businesses that develop a cost-effective supply chain strategy can benefit from greater operational efficiency while staying competitive in their sector. It’s not just about tools; it’s about agility and staying ahead of the market.” According to Campbell, having a backup is also key in optimising your purchasing management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Material Savings Inventory Reduction 52

ShipBob

DECEMBER 13, 2023

Optimized storage space: Prevents overstocking, maximizing warehouse utilization. Using ShipBob: ShipBob’s analytics tools provide real-time data on sales and inventory levels, allowing for accurate calculation of the turnover ratio. Poor demand forecasting Inaccurate demand forecasting can lead to either overstocking or stockouts.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. Ensuring accurate demand forecasting. To overcome all these inventory management risks, you need a toolbox of effective inventory replenishment strategies. 5 Inventory Replenishment Strategies to Increase Profits. Smart inventory purchasing.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 75

Vinculum

APRIL 29, 2022

To avoid competition, the local market has tied up with the giant e-commerce platform for easy flow of the cash in the market and the demand and supply of the stock to manage the inventory and warehouse diversely. The report has made a forecast analysis to handle the market from a broader perspective. Internet of Things (IoT) .

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Modeling 52

ThroughPut

JUNE 16, 2024

Implementing effective loss prevention strategies and technologies, such as surveillance systems and inventory audits, is essential to minimize shrinkage. The benefits of AI in retail inventory management management are enhanced demand forecasting, early anticipation of bottlenecks, intelligent warehousing and capacity buffering.

Supply Chain Planning Software 52

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

Elementum

AUGUST 25, 2022

As digital marketplaces and JIT stock control become more prevalent, supply chain solutions must evolve to meet customer expectations. A fast, reliable supply chain reduces purchasing spending by ordering only the required units, particularly for higher-value items.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 78

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. What Is Dead Stock? Simply put, if a business lets inventory sit idle for too long, they risk inventory obsolescence.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Inventory Management Software 98

Taulia

FEBRUARY 27, 2024

A guide to digital supply chain management The emergence of tools and techniques that facilitate digital supply chain management has opened up brand new possibilities for companies looking to make the most of their supply chains. Here’s everything you need to know about it. What is digital supply chain management?

Supply Chain Software 52

Supply Chain Software Inventory Management Software Forecasting Software Procurement Solutions 52

SCMDOJO

MAY 30, 2024

From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. Inventory management also includes forecasting demand, coordinating with suppliers, and optimizing storage space to minimize costs and prevent stockouts or overstocking.

Optimal Sourcing 73

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 73

QAD

JULY 21, 2022

The bullwhip effect has multiple causes that distort the supply chain, including: Changes in demand forecasting. Price fluctuations and discounts resulting in increased purchases. Brittle supply chains need specific solutions to gain agility, efficiency and resilience. Rounding up or down of the quantity of orders and batches.

Price Reduction 98

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 98

RFgen

APRIL 30, 2024

These systems not only streamline inventory control, but also transform warehouse processes into a powerful tool for competitive advantage. If your operation uses Enterprise Resource Planning (ERP) software, the perpetual inventory system updates the ERP as inventory transactions occur. Or reduce carrying costs.

Inventory Management Software 85

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 85

Unleashed

AUGUST 11, 2020

Cost reductions in food manufacturing can be achieved by using food manufacturing software that improves ordering processes and minimises overstocking of expensive raw ingredients. The right software will also improve operational processes, boost warehouse efficiency and reduce waste. Working with fresh food.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89