ThroughPut

JUNE 4, 2024

Effectively Managing inventory is a common challenge for many supply chain and manufacturing professionals. Without proper inventory management, businesses can face stockouts, overstocking, and increased operational costs, which can impact profitability and customer satisfaction. What Is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

USC Consulting Group

NOVEMBER 2, 2021

Supply chain disruptions have been a major challenge for manufacturers, and show no signs of abating. Here, David Newman, Supply Chain Practice Leader for USC Consulting Group, shares his insights into this pressing issue and offers tactics manufacturers can use to mitigate disruption risks.

Supply Chain Disruption 52

Supply Chain Disruption Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Logistics Viewpoints

FEBRUARY 15, 2023

There are numerous indications that supply chain is more critical than ever. Results from The Conference Board’s C-SUITE OUTLOOK survey showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs.

Supply Chain Planning 227

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 227

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Kinaxis

AUGUST 29, 2014

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Notice in the Supply Chain Insights report, there are only two HDD companies. Semiconductor is poised to consolidate, which will have huge impact on the metrics.

Metrics 171

Metrics Supply Chain Planning Software Manufacturing Procurement Thailand 171

RFgen

MARCH 20, 2023

Key Takeaways: Inventory control involves the management of products and services across the supply chain, ensuring the right amount of product at the right time. Integrating purchasing and inventory control is critical for forward planning and forecasting in today’s economic climate.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 52

Logility

SEPTEMBER 12, 2024

Such a resistant or slow-and-steady attitude toward the cloud is a tinderbox for worldwide supply chain disruption. Retailers are leveraging cloud-based platforms to optimize inventory management and enhance customer engagement. Take, for example, the retail industry.

Supply Chain Planning Software 196

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 196

Logistics Viewpoints

JANUARY 23, 2024

The data is all anonymous, but retailers can look at metrics such as time to fulfill, pack time, conversions, and ship versus pick-up, to name a few, across hundreds of Active Omni customers. Changes in supply or demand are considered when looking at the overall supply chain planning process, and the changes are reflected in real-time.

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 241

Unleashed

MAY 1, 2023

An inventory control chart is an immensely helpful tool for demand forecasting and inventory management. What is an inventory control chart? An inventory control chart, also known as a stock control chart, is a visual diagram that reflects the minimum and maximum stock levels of a business over time.

Inventory Reduction 52

Inventory Reduction Examples Inventory Inventory Management Software 52

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Supply Chain Matters

OCTOBER 12, 2022

Indicated in the report summary was: “ The sustained growth in the logistics industry continues to be fueled by high levels of inventory and the associated levels of cost and utilization associated with holding them. According to the September report , growth is increasing for inventory levels, inventory and warehousing costs.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. It allows businesses to sustainably control stock and sell products despite shifts in customer demand or unexpected supply issues. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

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

Taulia

SEPTEMBER 7, 2022

But those goods and materials, referred to collectively as inventory, can be difficult to manage efficiently – especially at scale. Ineffective management of inventory can be extremely harmful to operational success. But, to complicate matters, there’s more than one inventory management strategy to choose from.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. What’s the difference?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

NC State SCRC

OCTOBER 26, 2021

Major supply chain disruptions due to weather related incidents are on the rise, and one can’t dismiss these as a “once in a century” event any more. Gulf Coast export PVC prices were assessed at $1,900 a metric tonne for the week of Sept. However, worse was to come. 10, up 28% since the beginning of the year.

Supply Chain Disruption 52

Supply Chain Disruption Supply Chain Planning Supply Chain Texas 52

Logistics Viewpoints

FEBRUARY 16, 2021

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. Agility to act on transparency.

Supply Chain Visibility 313

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 313

Unleashed

APRIL 15, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation?

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

Kinaxis

FEBRUARY 22, 2018

Continued economic growth, customer preferences (especially those of the millennial generation), the rise of ecommerce and the Amazon channel, increased product choices and newer product categories in the marketplace are all driving the need for efficient and effective supply chain networks to support customer demand. Here’s how….

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

Synovos

OCTOBER 30, 2023

The Result: The RS Integrated Supply team was able to demonstrate consistent savings earned since program inception. After making one-time adjustments to clear inventory that no longer exists from the ERP system, RS Integrated Supply consistently achieved the target 98%.

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

Logistics Viewpoints

OCTOBER 26, 2023

So why are so many still falling short of OTIF targets (and other key metrics)? Planning is practically useless anymore I’ve said it plenty — supply chain volatility is the new normal. That means planning still has its place, but its role is diminishing. That covers “on-time.”

Supply Chain Planning Software 229

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 229

My Office Apps

OCTOBER 21, 2024

What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Why is Vendor Relationship Management Important?

Vendor Strategies 78

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 78

Unleashed

NOVEMBER 16, 2022

New manufacturing data has revealed which industries and nations are leading the way in the post-pandemic economic recovery – and the tactics they’re using to beat supply chain disruption. We then looked at different sub-sectors for each territory to see which are performing best and worst against these metrics.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Inventory 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Taulia

JULY 5, 2021

As demand for the movement of goods across the globe and rapid delivery expectations become the norm, businesses seek ways to simplify their supply chain management. VMI streamlines inventory management and order fulfillment, benefitting both suppliers and buyers. What is Vendor Managed Inventory?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

ToolsGroup

APRIL 1, 2022

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logility

JULY 31, 2023

Businesses are grappling with many uncertainties, from fluctuating market trends to unforeseen supply chain disruptions. Better Risk Mitigation Understanding different scenarios enables you to foresee potential risks and bottlenecks in your supply chain and inventory plan.

S&OP 130

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 130

Logistics Viewpoints

FEBRUARY 2, 2024

export regulations led to supply chain disruptions. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5 Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. Massachusetts-based Teradyne moved its production out after U.S.

Cost Reduction Strategies 267

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 267

DELMIA Quintiq

MARCH 30, 2023

The widespread supply chain disruptions that happened when the global pandemic hit in 2020 highlighted several important lessons regarding manufacturing and supply chain visibility. Its cross-functionality enables it to serve as the central link between plants, warehouse, distribution and customers.

Manufacturing 156

Manufacturing Real-time Visibility Industrial Supply Chain Planning Software 156

SCMDOJO

OCTOBER 30, 2024

For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs. Through interactive modules, students can learn to use analytical software such as Excel, SQL, and specialized supply chain management tools.

Supply Chain Planning Software 92

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 92

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. Inflation, pandemics, railway strikes, adverse weather events – the supply chain disruptions keep on coming.

Supply Chain Design Software 262

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 262

QAD

MARCH 9, 2023

The COVID-19 pandemic exposed vulnerabilities in supply chains around the world and the dust has never settled. Positive cases have been on a downward trend but supply chain disruption shows no sign of slowing down. Agile supply chains enable manufacturers to approach unpredictability with speed and flexibility.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 98

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

QAD

AUGUST 29, 2023

Collaboration with these partners can provide organizations with the information they need to make better decisions about inventory, production and distribution. This information can help organizations adjust their inventory levels and production schedules to meet customer needs and reduce stockouts.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Forecasting Software Forecasting 98

BlueYonder

OCTOBER 21, 2024

When the entire supply chain — including trading partners — shares data on a single platform, businesses can move from reactive to proactive management, unlocking new levels of efficiency and customer satisfaction. The low-tech approach to combat inventory uncertainty is by simply over-investing in inventory. In the U.S.

Supply Chain Planning Software 74

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Waste Reduction 74

Unleashed

APRIL 3, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation?

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction Strategies 52