Supply Chain Shaman

NOVEMBER 9, 2014

They had seen my videos on the website and needed a speaker for their global kick-off meeting. I also believed that this company would have the best inventory and customer service. It is one of the primary reasons why nine out of ten manufacturing companies are stuck at the intersection of operati ng margins and inventory turns.”

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Logility

JULY 30, 2024

These changes are phased into execution by synchronizing data from changes in demand, inventory, and supply planning systems. Sense quantifiable changes : The resident applications, specifically, demand planning, supply planning, and inventory planning all have key variables that contribute to a network model.

Network Optimization Software 199

Network Optimization Software Network Optimization Modeling Supply Chain Network Software 199

Supply Chain Game Changer

AUGUST 16, 2022

In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. On top of the annual inventory count there were ongoing manual cycle counts throughout the entire year. An Inventory Control History.

Inventory Reduction 124

Inventory Reduction Inventory Waste Reduction Resource Reduction 124

Logility

JULY 30, 2024

These changes are phased into execution by synchronizing data from changes in demand, inventory, and supply planning systems. Sense quantifiable changes : The resident applications, specifically, demand planning, supply planning, and inventory planning all have key variables that contribute to a network model.

Network Optimization Software 184

Network Optimization Software Network Optimization Modeling Supply Chain Network Software 184

Supply Chain Shaman

SEPTEMBER 24, 2017

We analyzed the impact of 150 factors on 493 financial metrics for the period of 2004-2016. Across the industry, we find that companies think that they are managing costs and inventory better through technology investments like supply chain planning, but they have a false sense of accomplishment. This research was tough work.

Cost Reduction Strategies 202

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 202

Logistics Viewpoints

APRIL 26, 2021

For example, a vaccine manufacturer increased their order size by a factor of four in one weekend; a video call company wanted to receive ten times as much product as they initially forecast with just a month’s lead-time. And when it looked like a lock down might be imminent, they rushed even more inventory in.

Supply Chain Design Software 239

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Czech Republic 239

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 82

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 82

Supply Chain Shaman

JULY 3, 2015

Inventory Turns (15%) (based on 2014 results). Supply chain leaders manage a complex system of non-linear, but very inter-connected metrics. Leaders need to balance a portfolio of metrics. Year-over-year Improvement at the Intersections of the Metrics. A Three-year Weighted Return on Assets (ROA) Number (25%).

Gartner 150

Gartner Supply Chain Software Demand Planning Software Modeling Software 150

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 95

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 95

Supply Chain Shaman

JANUARY 22, 2013

This framework frees us to use new data forms (unstructured and structured data, video, maps, etc.), A major gap is the lack of a perpetual inventory signal that can show the network levels of inventory, and manage Available to Promise and Allocation in an extended value network, where drop shipments are a reality not an exception.

Supply Chain Design Software 238

Supply Chain Design Software Supply Chain Network Software Analytics Software Modeling Software 238

RFgen

JUNE 30, 2023

Gone are the days of paper inventory tracking and manual data entry. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. It’s also critical to your inventory management strategy. Case Study: NFPC Enhances ERP to Gain 99.9%

Inventory Management Software 89

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 89

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. The following video provides a quick lesson about how barcodes work. ” • Inventory control : “Barcodes improve inventory management and reduce excessive spending on products.

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

The Logistics & Supply Chain Management Society

MAY 18, 2021

blockchain), and video-based collaboration/content sharing. Strategic product segmentation, sourcing and inventory management. Analyzing real-time insights and historical performance using AI, delivers key metrics on availability and service levels. Effective pricing and promotions management. The Role of Trading Partners.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

ToolsGroup

MAY 4, 2020

Along with its AI-driven demand forecasting and inventory planning software, ToolsGroup has introduced new customer support offerings for COVID-19 planning as well as educational resources including the ebook “ COVID-19 Risk: Enable Swift and Efficient Response to Supply Chain Disruptions.” About ToolsGroup.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Supply Chain Disruption Supply Chain Software 120

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Unleashed

FEBRUARY 12, 2023

To stay on top of your financials, there are a few key cash flow metrics and KPIs you can track that will help you make the right decisions and avoid insolvency or liquidation. Learn more: Inventory Accounting: A Video Guide for Accountants & Advisors What are cash flow metrics? Here’s a look at our top seven.

Procurement Analytics 52

Procurement Analytics Metrics Expense Reduction Inventory Reduction 52

Logility

MARCH 24, 2021

Revenue and demand Service levels Inventory levels Profits and margins Cash flow. Challenge yourself to think beyond the traditional Available-to-Promise metric and ask if an action meets the criterion of Profitable-to-Promise. The outcomes, for example, can be expressed in terms of balanced achievement across the following: .

Supply Chain Planning Software 175

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 175

Logility

JULY 31, 2024

Jump to sales, marketing, and finance demo videos here Traditional Demand Planning Challenges: Current demand planners can get bogged down in the daily grind of gathering, organizing, and analyzing the sales history for an accurate forecast. Stretched for time? A key part of this process is incorporating this knowledge into the demand plan.

Supply and Demand 171

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 171

RFgen

JUNE 11, 2017

And based on a recent study, when shoppers are cruising the online “aisles,” they’re more willing to spend extra when a product video is used, according to researchers, making quality control more important than ever for retail warehouse managers. Shoppers Spend More When Product Videos Are Used.

Video 52

Video Retail Miami Inventory Management Software 52

RFgen

JUNE 11, 2017

And based on a recent study, when shoppers are cruising the online “aisles,” they’re more willing to spend extra when a product video is used, according to researchers, making quality control more important than ever for retail warehouse managers. Shoppers Spend More When Product Videos Are Used.

Video 52

Video Retail Miami Inventory Management Software 52

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

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Bureau

AUGUST 23, 2022

Related articles on this topic have appeared throughout our website, check them out: 3 Practical Metrics for Supplier Performance Evaluation. A Concise Guide to Inventory KPIs for Your Business. KPIs for Your Warehouse: How to Choose and Use Them. KPI Key Performance Indicators in Supply Chain & Logistics.

KPI 93

KPI Metrics Supply Chain Warehousing 93

QAD

JANUARY 6, 2022

In its 2021 survey, Deloitte once again affirmed the fact that more digitally mature businesses outperform industry averages on a variety of financial metrics. Watch Bickford’s customer success video to learn more. The authors refer to the bounty of benefits that accrue from digital maturity. And we couldn’t agree more.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 98

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. appeared first on QAD Blog.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Forecasting Software Forecasting 98

Logistics Viewpoints

NOVEMBER 30, 2020

Finally, inventory accuracy can never be as high in a store as in a warehouse. According to Mr. Valdez, there were four critical improvement initiatives spanning inventory management, transportation, automation, and operational excellence. Inventory needs to be available for all channels when consumers want it.

Procurement Analytics 100

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 100

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Logility

OCTOBER 7, 2021

It also reduces carbon dioxide emissions by about 100,000 metric tons.”. Watch this short video to see how machine learning can help optimize inventory for competitive advantage. This dynamic routing program helps UPS “save about 100 million miles per year. That’s a reduction of 10 million gallons of fuel consumed.

Supply Chain Design Software 130

Supply Chain Design Software Optimal Sourcing Pharmaceutical Supply Chain Optimization 130

Unleashed

NOVEMBER 30, 2020

SKU codes are everywhere – built into sales and inventory management platforms, and broken down line-by-line in all sorts of inventory report. SKUs are the basic building block of inventory management – they help inventory managers determine stock levels, inventory turnover, profitability and more. What is SKU?

Inventory Management Software 72

Inventory Management Software Supply Chain Design Software Forecasting Software Demand Planning Software 72

Logility

JUNE 28, 2017

Inventory tends to be a very visible supply chain cost to senior management. How much inventory a company has is listed right there as a current asset on the balance sheet. A system-wide, multi-echelon approach to inventory optimization is the way to go. Read More: eBook: The Inventory Optimization Handbook ).

Chemicals 100

Chemicals Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 100

GlobalTranz

AUGUST 9, 2016

The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Rather, going beyond customer expectations needs to be fully understood, and transportation strategies then developed to meet those expectations with optimal inventory levels.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Lean Cost Reduction Strategies 120

Kinaxis

SEPTEMBER 16, 2015

That could mean excess inventory sitting in a warehouse, gathering dust or depreciating. Their functionality, and charting, has made my life easier many times in managing certification programs, and producing critical metrics data. The first video they played, Video Killed the Radio Star by the Buggles, began a revolution.

Supply Chain Design Software 100

Supply Chain Design Software Forecasting Software Supply Chain Software Demand Planning Software 100

crisp

AUGUST 4, 2022

As Stacy points out, sales and merchandising leaders in CPG have had access to sales and inventory data from their retailer partners for a long time – but until now, that valuable data hadn’t made its way into the marketing world. All of this has led John and team to pursue new approaches: “The time is now.

Supply Chain Planning 52

Supply Chain Planning Supply Chain Optimization Data Supply Chain 52

SCMDOJO

MAY 30, 2024

From the warehouse manager overseeing inventory to the transportation coordinator organizing routes, each member of the logistics department plays a crucial role in getting products from point A to point B. This includes optimizing storage space, implementing proper inventory control systems, and ensuring the safety and security of goods.

Optimal Sourcing 84

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 84

RFgen

JANUARY 23, 2023

Overview: What is mobile device inventory management? With so much information out there about inventory management best practices, it can be hard to determine what steps to take to make improvements. Mobile inventory systems are a proven “must-have” solution for enhancing materials management. bn through 2026. bn through 2026.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Modeling Software 52

Logistics Bureau

APRIL 19, 2021

What would be the key number, or metric that you would need to know? If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry.

Benchmarking 76

Benchmarking Supply Chain Performance Supply Chain Exercises 76