Logility

JANUARY 12, 2024

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. The Apparel Industry’s Forecasting Maze Mastering the art of forecasting is critical in the apparel industry.

Inventory Reduction 246

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 246

Logistics Viewpoints

SEPTEMBER 11, 2024

As 5G networks continue to expand, these changes will become even more widespread in the logistics industry. Smart warehouses are using IoT sensors, powered by 5G, to automate inventory tracking and manage orders with greater accuracy. Maintenance predictions also benefit from the technology, allowing for proactive fleet management.

Logistics Network Optimization Software 258

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 258

The Logistics of Logistics

JUNE 14, 2024

trillion distortion inventory problem. Trillion Inventory Distortion Problem In this podcast, Karl Swensen, CEO and Co-founder of Pull Logic, discusses how their AI-enabled technology helps retailers, brands, and manufacturers reduce lost sales by addressing supply chain and selling process failure points. Summary: Solving the $1.8

Inventory Reduction 227

Inventory Reduction Inventory Inventory Management Software Modeling 227

Logistics Viewpoints

OCTOBER 15, 2024

Amul’s Supply Chain The Indian dairy industry is among the fastest growing sectors globally, providing livelihoods for millions of farmers and contributing over 5 percent to the economy. Technology Integration : Use of technology in logistics, inventory management, and supply chain tracking has helped improve efficiency and transparency.

Optimal Sourcing 253

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 253

Logility

APRIL 3, 2024

Lifespan has nearly doubled in a century and is continuing to grow as the life sciences industry advances. The life sciences are integral to the quality of life and lifespan, but the field faces some uniquely difficult inventory challenges. AI augmentation can identify issues in your supply chain that basic data analytics cannot spot.

Supply Chain Optimization 165

Supply Chain Optimization Inventory Reduction Optimization Software Supply Chain Planning Software 165

SCMDOJO

NOVEMBER 20, 2024

Excessive and obsolete inventory can cause a business to fail. One needs to mitigate these challenges and learn how to optimize inventory. Healthy inventory optimization management can help a company flourish like a wealthy field. That is why optimizing inventory and reducing obsolescence is a necessity. Click here!

Inventory Reduction 98

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 98

DELMIA Quintiq

SEPTEMBER 22, 2021

An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. Types of inventory that can be optimized.

Inventory Management Software 294

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 294

ToolsGroup

SEPTEMBER 4, 2024

In the fast-paced world of retail, every decision counts—especially those related to inventory management. Stockouts are one of the most direct and visible consequences of poor inventory management. The global retail industry loses an estimated $1.75 The answer lies in real-time inventory rebalancing powered by AI.

Inventory Management Software 156

Inventory Management Software Inventory Reduction Cost Reduction Strategies Inventory Management 156

ToolsGroup

FEBRUARY 28, 2024

That’s why Evo CEO Fabrizio Fantini jumped at the chance to work with Harvard Business School Professor Sunil Gupta to participate in a case on Miroglio’s huge success increasing profits through in-season inventory optimization. Can artificial intelligence and machine learning replace human intuition in this industry?

Network Optimization 156

Network Optimization Supply Chain Optimization Inventory Price Mitigation Strategies 156

Supply Chain Shaman

JUNE 12, 2020

Downsizing inventories over the past decade crippled the response.” In Table 1, I share research collected for the Supply Chains to Admire analysis on the average days of inventory by industry across the period of 2004 to 2019 by increments to match economic shifts. Days of Inventory Peer Group Across Time Periods.

Inventory Management Software 262

Inventory Management Software Inventory Management Inventory Reduction Inventory 262

ToolsGroup

SEPTEMBER 26, 2023

Fabrizio Fantini, Founder and CEO of Evo commented, “Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations.

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

Logistics Viewpoints

FEBRUARY 3, 2022

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

Inventory Reduction 311

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 311

ToolsGroup

APRIL 4, 2023

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. These companies understand that one bad experience could jeopardize future sales.

Inventory Reduction 156

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 156

Talking Logistics

SEPTEMBER 4, 2018

What is Inventory Management? For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. For Logistics the focus is on high inventory turns. Inventory Management is about having a right balance of expectations from different functions of the supply chain.

Inventory Reduction 117

Inventory Reduction Inventory Management Software Logistics Network Optimization Software Inventory Management 117

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. Here are the challenges we’re seeing across the industry, and what they mean for your supply chain and your shipping processes. Supply Chain Management and Maintaining Inventory.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

Logility

MAY 5, 2023

Inventory strategies begin with an efficient network design to effectively balance your ability to accurately predict customer demand and work with suppliers to adjust orders in real time. Routine firefighting of inventory issues is a symptom of inventory strategies treated as a once-a-year exercise.

Inventory Reduction 130

Inventory Reduction Vendor Strategies Resource Reduction Price Reduction 130

DELMIA Quintiq

AUGUST 7, 2023

Industrial equipment manufacturers today are operating in an increasingly complex and ever-evolving landscape. Furthermore, the manufacturing workforce gap is a growing concern across all industries. Furthermore, the manufacturing workforce gap is a growing concern across all industries. In this sector.

Material Savings 156

Material Savings Agile and Lean Supply Chain Manufacturing Procurement Inventory Reduction 156

Logistics Viewpoints

DECEMBER 14, 2022

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. According to recent statistical data, vacancy rates for industrial real estate across North America have been declining since 2020 and reached an all-time low in the third quarter of 2022.

Inventory Management Software 210

Inventory Management Software Inventory Management Inventory Reduction Inventory 210

ToolsGroup

SEPTEMBER 26, 2023

It can ingest massive amounts of internal and external data and process it within the unique algorithmic engine to deliver easy-to-apply recommendations on how to optimize inventory levels, streamline supply chains, and maximize revenues. No matter your customer, industry, or product, quantum learning empowers you to quickly achieve results.

Prescriptive Analytics Software 296

Prescriptive Analytics Software ToolsGroup Supply Chain Planning Software Analytics Software 296

Logistics Viewpoints

AUGUST 9, 2022

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

Inventory Management Software 237

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 237

RFgen

NOVEMBER 13, 2024

Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. That’s not science fiction—it’s the power of mobile inventory management. Ready to turn your inventory from a headache into a strategic asset?

Inventory Management Software 71

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 71

Supply Chain Brain

AUGUST 14, 2024

After the COVID-19 pandemic caused significant industrial demand fluctuations and exposed weaknesses in existing supply chains, distributors have begun to rethink inventory management and supply chain strategies.

Inventory Reduction 109

Inventory Reduction Inventory Forecasting Inventory Management Software 109

Logility

MAY 25, 2023

In today’s fast-paced and unpredictable global market, the secret to maintaining a competitive edge lies in a key area—robust inventory control techniques. Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. This is where inventory control techniques come in.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Inventory Optimal Sourcing 130

The Smart Software

JANUARY 4, 2024

Do MRO companies genuinely prioritize reducing excess spare parts inventory? In industries where assets supported by spare parts cost hundreds of millions or generate significant revenue (e.g., In industries where assets supported by spare parts cost hundreds of millions or generate significant revenue (e.g.,

Inventory Reduction 105

Inventory Reduction Inventory Cost Reduction Strategies Supply Chain Planning Software 105

BlueYonder

OCTOBER 10, 2024

It’s been two centuries since the Industrial Revolution transformed manufacturing, introducing machines that automated production and unlocked unprecedented efficiencies. But in the last decade, the industrial manufacturing sector has encountered a new wave of challenges and disruptions.

Forecasting 68

Forecasting Forecasting Software Manufacturing Procurement Supply and Demand 68

BlueYonder

SEPTEMBER 26, 2024

From industry consolidation to shifting trade routes, workforce shortages to sustainability demands, LSPs must adapt quickly. Trend 1: Industry consolidation The logistics industry is experiencing a wave of consolidation. Logistics service providers (LSPs) face unprecedented challenges in today’s fast-paced market.

Logistics Network Optimization Software 118

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Analytics Software 118

EMERGE App

DECEMBER 19, 2023

Inventory management is a tough task, especially when you’re starting out. There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market. Best Inventory Management Books of All Time: 1.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

My Office Apps

NOVEMBER 16, 2023

Differentiating Specialized Food Inventory Software: Beyond Standard Inventory Management Solutions Not all inventory management software is created equal. This guide illuminates the key differences between generic inventory solutions and specialized software tailored for the intricacies of the food industry.

Inventory Management Software 82

Inventory Management Software Supply Chain Design Software Optimization Software Modeling Software 82

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

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 98

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 98

SCMDOJO

NOVEMBER 29, 2023

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow.

Inventory Reduction 111

Inventory Reduction Material Savings Resource Reduction Inventory Management Software 111

IT Supply Chain

SEPTEMBER 23, 2024

By Christine Baker (pictured) Content Writer The post PIM as your ultimate digital inventory appeared first on IT Supply Chain.

Inventory 102

Inventory Supply Chain Supply and Demand Industry 102

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Inventory Reduction Modeling 111