Logistics Viewpoints

FEBRUARY 24, 2025

Production plans might be locked for as long as a month, regardless of how accurate the forecast was. That supply planning application needs to be integrated into an array of internal systems ERP, transportation management, warehouse management, procurement, and other applications.

Supply Chain Planning Software 288

Supply Chain Planning Software Prescriptive Analytics Software Agile and Lean Supply Chain Modeling 288

Supply Chain Shaman

MARCH 21, 2024

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. 40-50% of items are not forecastable at an item/location level. Instead, we need to Jump. The So What?

Inventory Reduction 417

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 417

Logistics Viewpoints

JUNE 3, 2024

However, the disconnect can also occur because the supply plan not only lacks sufficient granularity in modeling the constraints that occur in manufacturing, but the model is also not granular enough in its understanding of warehousing and transportation constraints. The same disconnect can happen in the warehouse and in transportation.

Supply Chain Planning Software 306

Supply Chain Planning Software Supply Chain Planning Scenario Planning Manufacturing Procurement 306

SCMDOJO

FEBRUARY 16, 2025

From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. Keelvar Keelvar specializes in autonomous procurement and supplier negotiations, making sourcing more efficient and cost-effective.

Optimal Sourcing 73

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Sourcing Strategies 73

Enterra Insights

NOVEMBER 14, 2024

If businesses cannot accurately forecast revenue, the organization is not resilient.”[3] These measures help build supply chain resilience — and essential to resilience is not depending on any particular scenario or outcome playing out, but being prepared regardless of the economic forecast and climate ahead.”

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning 130

Enterra Insights

DECEMBER 17, 2024

”[5] He continues, “Most supply chains consist of the following layers or departments: manufacturing; suppliers; transporters; warehouses; distributors; service Providers; retailers; [and] customers. Those areas are: Warehouse optimization. ” Inventory optimization. ” Inventory optimization.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

SCMDOJO

FEBRUARY 15, 2025

Enhance Warehouse and Distribution Strategies Companies that rely solely on centralized warehouses may experience significant delays if transportation issues or inventory shortages arise. Multi-location warehousing ensures critical products remain closer to key markets, reduces lead times, and enhances responsiveness.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 91

SYSPRO Smarter ERP

MARCH 15, 2023

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. The misalignment can result in multitude of negative consequences such as high warehousing costs, cash flow difficulties, loss of sales, which can lead to permanent loss of loyal customers.

Forecasting 105

Forecasting Forecasting Software Demand Planning Software Modeling 105

Logistics Viewpoints

APRIL 10, 2023

This warehouse provides inventory storage for goods not yet ordered that will ship later. Jordan believed that the most important thing that needed to be changed was to make the forecasting process simpler and more dependable. For the first two weeks of the month, the forecast can be continuously changed by the sales team.

Security 272

Security Supply Chain Planning Jordan Forecasting 272

RFgen

NOVEMBER 27, 2024

Supply chain optimization is crucial for enhancing efficiency and cost-effectiveness by providing end-to-end visibility, aligning with demand forecasts, and continuously improving processes through technology and analytics. Demand Forecasting: Analyze past data to predict future needs.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. MTSS platforms facilitate hands-on projects where learners can apply statistical methods to identify trends, forecast demand, and optimize inventory levels.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

SCMDOJO

NOVEMBER 20, 2024

Demand Forecasting: We perceive that advancing forecasting methods is essential. They improve demand prediction accuracy, helplessly align production, and procure 14 forecasting methods that can be applied to a business for growth and future improvements. This method is adopted when there is no historical data.

Inventory Reduction 98

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 98

Logistics Viewpoints

MARCH 31, 2022

For logistics teams seeking to manage volatility and deliver more predictable, profitable results, five advanced technologies should be in their toolkits: digital control towers, warehouse task automation, warehouse robotics, dynamic price discovery and digital freight bidding. Warehouse Task Automation. Warehouse Robotics.

Logistics Network Optimization Software 291

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 291

Supply Chain Opz

JUNE 23, 2014

It follows 4-step process as described below, (1) Forecaster develops a baseline forecast using statistical methods (2) Forecast is then adjusted by the sales team to reflect a promotion plan, new product introduction, special events, current market and economic conditions and so on. (3)

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Eliminate Before You Automate : Automation is critical to large, efficient warehouse operations.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

The Logistics of Logistics

FEBRUARY 11, 2022

Inventory Management vs. Warehouse Management. Original article: Inventory Management vs. Warehouse Management. Inventory Management vs Warehouse Management: Main Differences. So, as an example, the IMS tracks and reports that there are 30 widgets in Warehouse A, 25 in Warehouse B, 48 in Manufacturing Plant A, and so on.

Inventory Management Software 182

Inventory Management Software Inventory Management Warehousing Inventory 182

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Thanks to AI, companies can automate functions such as demand forecasting, capacity and production planning and predictive maintenance.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Logistics Viewpoints

FEBRUARY 20, 2023

In the supply chain world, contract logistics – where a third-party logistics (3PL) firm runs and manages warehouses on behalf of their clients, is a $200 billion plus market. For example, in contract logistics, the 3PL makes use of a warehouse management system so that they can do the job efficiently. The right IT is critical.

Supply Chain Planning Software 292

Supply Chain Planning Software Logistics Network Optimization Software GEP Supply Chain Software 292

Logistics Viewpoints

APRIL 19, 2023

In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated. DC procurement is also automated by aggregating the needs of the MFCs.

Supply Chain Planning Software 293

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 293

Logistics Viewpoints

MARCH 24, 2022

It helps retailers not just understand but also take control of inventory flow within and across stores, warehouses, and distribution centers and expand carrier networks with access to a wide range of national, regional, and alternative carrier services. Procurement teams play an incredibly important role.

Supply Chain Planning Software 274

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 274

Logistics Viewpoints

DECEMBER 14, 2021

I have to forecast my avocado sales, including seasonal patterns and promotional effects. Crowdsourcing of Drivers and Rider Forecasting. With crowdsourcing, the rider forecasting challenge arises. Safety stocks must be adjusted dynamically to be ahead of the curve in cases of demand/supply variations. Route Optimization.

Supply Chain Planning Software 286

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 286

SYSPRO Smarter ERP

NOVEMBER 30, 2021

labor, materials and warehousing, to IT, freight and safety. A Better Way to Forecast. Manufacturers can use forecasting to support inventory optimization. Gone are the days where you solely had to rely on your sales team creating wishful thinking forecasts. Managing Inventory.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

ToolsGroup

MARCH 17, 2020

Macro events like the Coronavirus crisis trigger demand volatility that affects every link in your global supply chain—from the raw materials you procure to setting safety stock levels to planning logistics and promotions. Use demand modeling to fine-tune demand forecasts.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

Logistics Viewpoints

SEPTEMBER 9, 2021

By working with a reliable digital transformation partner, retailers can accurately forecast future demand and product availability so they can dynamically adjust their stock levels to find the right balance between minimizing stock-outs and eliminating waste.

Supply Chain Planning Software 280

Supply Chain Planning Software Logistics Network Optimization Software Analytics Software Forecasting Software 280

ivalua

JULY 12, 2021

Redwood City, CA, July 13, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its Procure-to-Pay solution with a new Inventory Collaboration capability. Procurement and other business users will be empowered to make more informed buying and planning decisions with the help of: . About Ivalua.

Real-time Visibility 130

Real-time Visibility Optimal Sourcing Inventory Reduction Procurement 130

Supply Chain Shaman

NOVEMBER 15, 2021

Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Align on the role of the budget and forecast and get clear on the role of each in this world of variability.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 303

SCMDOJO

DECEMBER 5, 2024

However, if the product gains no recognition and there is zero demand, the inventory dies in the warehouse and market. Maturity: When the product level stabilizes, and sales start reaching the peak, the product gains maturity. Accurate forecasting is one of the main tools businesses use to predict the future. Click here!

Inventory Reduction 96

Inventory Reduction Optimal Sourcing Price Reduction Resource Reduction 96

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Firms could store products that attract tariffs in bonded warehouses until they are required. Operational strategies. Buying forward.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Logistics Viewpoints

JUNE 21, 2024

bans exports by Oregon freight-forwarder in warning shot to industry Container losses fall to record low Warehouse wages rise to average of $18.99 Rising warehouse wages are driving up demand for technology and automation to reduce labor costs, according to a study from the Nevada-based third-party logistics provider (3PL) ITS Logistics.

Logistics Network Optimization Software 300

Logistics Network Optimization Software Logistics Material Savings Optimal Sourcing 300

TransAudit

MARCH 25, 2025

The Emergence of Regionalized Freight Networks Why Regional Networks Are Growing Cost Efficiency in Freight Movement Shorter shipping distances within regionalized freight networks reduce costs associated with long-haul trucking, fuel, and warehousing. High-density storage solutions that maximize warehouse space and reduce operational costs.

Supply Chain Network Software 67

Supply Chain Network Software Optimal Sourcing Network Optimization Material Savings 67

Logistics Viewpoints

AUGUST 22, 2022

Walmart executives fairly pointed out how difficult it is to forecast demand in times of economic turbulence. But what is purchased is not simply the result of forecasts the CEO of Walmart – Doug McMillon – pointed out. In effect what Walmart has done is turn the back of their stores into miniature warehouses. Demand Planning.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 260

ToolsGroup

APRIL 11, 2018

Planners focused on their local operations or warehouses and servicing customers in their territory. It managed local inventories fed by regional warehouses and factory warehouses (See Figure 1 below). Each product has “one global forecast, one planning method, one responsibility, and true end-to-end accountability,” says Jörg.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 222

Logistics Viewpoints

OCTOBER 19, 2023

Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. The order management system wasn’t effectively connected to the warehouse management system showing tables available or the transportation management system showing the carrier had returned my first table.

Supply Chain Planning Software 306

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 306

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

10% increase in both forecast accuracy and revenue. By implementing Blue Yonder’s Luminate Planning platform, Mahindra leveraged the benefits of key demand forecasting, inventory management, and replenishment planning capabilities. 15% decrease in inventory. 10% increase in service levels. Improved productivity. Blue Yonder Group Inc.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. Attribute-based forecasting when introducing new products.

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 284

ModusLink Corporation

JANUARY 30, 2025

Effective Demand Planning and Forecasting Accurate demand forecasting is the cornerstone of a resilient supply chain. Companies that leverage tools like ModusLinks demand forecasting solutions can gain real-time insights into market trends, enhancing their ability to meet customer demands efficiently.

Sourcing Strategies 78

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 78

Logistics Viewpoints

JULY 18, 2022

The company also does internal climate scores of employees at corporate, the branches, and the warehouses. Procurement is critical to being able to stay in stock with the most important products. They are using a legacy Koerber warehouse management system, but the system is effective, and they are not looking to upgrade or replace it.

Supply Chain Design Software 300

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 300