Demand Solutions

OCTOBER 7, 2016

We’ve already covered a lot of ground on the topic of inventory reduction. If you don’t believe me, take a look at an excess inventory report sometime. Inventory that is stocked in several warehouses is harder to track—and harder to control. Why Multiple Stocking Locations Cause Inventory Bloat.

Inventory Reduction 162

Inventory Reduction Inventory Forecasting Policies 162

Demand Solutions

MARCH 11, 2015

But maybe you feel it’s worth keeping in your warehouse because it’s a $200,000 product with a high profit margin. And that leads me to the point of this article: your company needs a clearly defined stocking policy that guides decisions like these. Repeat After Me: “I resolve to develop a stocking policy.”. . Extra inventory.

Policies 100

Policies Inventory Reduction Supply Chain Planning Software Forecasting Software 100

Kinaxis

AUGUST 18, 2017

by Alexa Cheater Don’t get caught having your company’s inventory management conversation alone! Making the most of one of your company’s largest assets means bringing together everyone involved from the manufacturing floor to the corner office, and focusing on more than just what’s in your warehouse.

Inventory Management 147

Inventory Management Inventory Reduction Inventory Company 147

Supply Chain Shaman

NOVEMBER 29, 2021

Government policies are rational. The increasing issues with tax and tariff shifts and the policies of China make the response more complicated. Full Warehouses. Inventories are out of balance with demand and the rising need for write-offs. Chemical Sector Inventory Availability. With only 5.8% I welcome yours.

Supply Chain Planning Software 284

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 284

The Logistics of Logistics

JANUARY 9, 2023

Softeon is a global provider of supply chain solutions from planning through execution, anchored by a technology platform that has three pillars: Warehouse Management System (WMS) , Warehouse Execution System (WES) , and Distributed Order Management (DOM) system. Define and execute detailed inventory allocation and reservation rules.

Supply Chain Planning Software 244

Supply Chain Planning Software Distribution Logistics Network Optimization Software Supply Chain Network Software 244

Supply Chain Shaman

NOVEMBER 29, 2021

Government policies are rational. The increasing issues with tax and tariff shifts and the policies of China make the response more complicated. Full Warehouses. Inventories are out of balance with demand and the rising need for write-offs. Chemical Sector Inventory Availability. With only 5.8% I welcome yours.

Supply Chain Planning Software 273

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 273

Logistics Viewpoints

DECEMBER 6, 2022

The process is inefficient and unpredictable, and leaves retailers with used inventory that oftentimes cannot be resold. Online consumers today have come to expect cost-free and hassle-free online returns policies.

Reverse Logistics 274

Reverse Logistics Purchasing Skills Price Reduction Logistics Network Optimization Software 274

ToolsGroup

NOVEMBER 13, 2018

In this post we’ll explore how probabilistic forecasting not only creates better forecasts, but also improves inventory optimization by improving the stock levels at store and warehouse locations in your distribution network. which then provides better information from which to decide how much inventory to stock.

Forecasting 159

Forecasting Forecasting Software Optimization Software Supply Chain Optimization 159

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 105

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105

Logistics Viewpoints

OCTOBER 21, 2021

The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly. Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic.

Supply Chain Design Software 260

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Modeling 260

Enterra Insights

JUNE 22, 2022

Financial writer Emma Kerr ( @emmarkerr ) explains, “Inflation is caused by factors like pressures on the supply or demand side of the economy, money supply policies and even consumer expectations.”[1] The irony of excess inventory. Excess inventory was also caused by the Bullwhip Effect.

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

Supply Chain Shaman

DECEMBER 30, 2021

In addition, the terminal operators changed policies for chassis ownership which complicated unloading. With the full warehouses on the west coast, many of the chassis are under containers being used as overflow warehouses outside of retail stores and distribution centers. Get Good at Inventory Management.

Supply Chain Design Software 452

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 452

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. It’s no longer a luxury but a necessity, a critical cog in the wheel of successful supply chain management and warehousing. billion each year.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Inventory Optimal Sourcing 130

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is.

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 98

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

GlobalTranz

NOVEMBER 13, 2017

It acts as the driver, helping the connected ‘thing,’ which could be a vehicle or inventory system, make smarter decisions.”. Rather, DHL predicts a world in which manufacturing, logistics, warehousing, and deliveries become increasingly efficient, productive, and profitable. Manage Warehouses. DHL could be correct.

Transportation Management 176

Transportation Management Transportation Internet of things Optimization Software 176

Supply Chain Shaman

DECEMBER 7, 2023

I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. Of the twenty companies interviewed, only one can answer the question, “Do you have a good inventory plan?” No technology in the market measures inventory health. Today, this is not the case.

Supply Chain Design Software 333

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 333

Logility

AUGUST 31, 2021

However, inventory optimization for beverage brands can help these organizations overcome such challenges with greater ease and speed. Traditional reliance on spreadsheets when gauging demand and managing the order-fill rate for products leaving the warehouse is no longer enough. Tactical and strategic inventory modeling.

Modeling 130

Modeling Beverage Inventory Reduction Supply Chain Optimization 130

Kanban Logistics

NOVEMBER 30, 2022

When evaluating the 3PL provider in charge of your pharmaceutical distribution warehouse, safety is the name of the game. Key pharmaceutical distribution warehouse questions to ask a 3PL. Most 3PLs will use their warehouse management systems (WMS) to segregate products within the pharmaceutical distribution warehouse.

Pharmaceutical 98

Pharmaceutical Warehousing Distribution 3PL 98

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 5, 2022

With COVID-19 inspired Global policies in place, day-to-day routines for industries on a global scale had to change how they operate within the supply chain sector. Although organizations have solutions to manage their inventory, labor, and warehouse operations, they?continue The Labor Shortage Effects on Supply Chain.

Real-time Visibility 260

Real-time Visibility Supply Chain Software Los Angeles Demand Planning Software 260

ToolsGroup

JULY 19, 2023

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. In short, they help users make better decisions, much faster, resulting in improved financial performance, inventory efficiency, and customer satisfaction. Get the insights you need.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

Logistics Viewpoints

MAY 5, 2023

million-square-foot warehouse in Connecticut Flexport announced the acquisition of Shopify Logistics’ assets, including Deliverr. 6 River Systems was founded in 2015 and developed an Autonomous Mobile Robot product called ‘Chuck’ that provides automated assistance to pickers in a warehouse, working collaboratively with human operators.

Logistics Network Optimization Software 280

Logistics Network Optimization Software Connecticut Supply Chain Planning Software Price Reduction 280

Logistics Viewpoints

OCTOBER 30, 2023

Executives must have the fortitude to make changes in the operating policies and the network infrastructure that may affect the lives of employees. The project was focused on combining the spare parts warehouses from two of the brands owned by the automaker. The larger the supply chain, the bigger the payout.

Vendor Strategies 312

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 312

Logistics Viewpoints

JANUARY 31, 2023

2022 saw China’s economy grow at a historically low level of 3%, owing to the zero-COVID policy and slowing export volumes. However, with the zero-COVID policy now relaxed, the GDP growth is forecasted to be 5%. Accelerating investments in smart robots in warehouses that bring goods to people will reduce repetitive work.

Predictive Analytics Software 301

Predictive Analytics Software Supply Chain Software Supply Chain Optimization Agile and Lean Supply Chain 301

Unleashed

JUNE 24, 2020

That includes the importance of robust inventory management to retail. Ensuring you don’t fail at order fulfilment begins with understanding your inventory and supply chain. In an increasingly complex eCommerce world, keeping track of inventory is tricky. Smart warehousing. Returns policies & processes.

Inventory Management Software 98

Inventory Management Software Inventory Management Omnichannel Inventory Reduction 98

Saleswarp

NOVEMBER 19, 2024

In this survival guide, we’ll discuss key strategies for inventory planning , shipping , and other solutions to help you navigate the intense demands of Black Friday and Cyber Monday. Strategic Inventory Planning One of the most important elements in preparing for Black Friday and Cyber Monday is accurate inventory forecasting.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Inventory Management Software Inventory Reduction 40

GlobalTranz

OCTOBER 11, 2018

The best way for Warehouse Managers to approach inventory management lies in knowing when customers will order product, what they will order, and how quickly they want it. Defining these variables in inventory forecasting builds personalized experiences, meeting customers’ primary needs. Maintain the “right” amount of inventory.

Inventory Reduction 186

Inventory Reduction Price Reduction Cost Reduction Strategies Omnichannel 186

Supply Chain Shaman

OCTOBER 7, 2012

Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? There are seven primary agility levers: Analysis of Form and Function of Inventory: Form of inventory is the decision of what form to hold the inventory in: raw material, semi-finished good or finished good. Is it S&OP?

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

ToolsGroup

NOVEMBER 14, 2017

It optimizes the network, but it doesn’t optimize inventory across the network – a shortcut that can lead to a different network once the inventory is optimized. Some would claim that this is sufficient and optimizing inventory in strategic studies is not that important because those details are not important. Here’s why.

Network Design Software 180

Network Design Software Network Design Supply Chain Design Software Network Optimization 180

Supply Chain Shaman

NOVEMBER 29, 2021

Government policies are rational. The increasing issues with tax and tariff shifts and the policies of China make the response more complicated. Full Warehouses. Inventories are out of balance with demand and the rising need for write-offs. Chemical Sector Inventory Availability. With only 5.8% I welcome yours.

Supply Chain Planning Software 195

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 195

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Many companies buy forward inventory ahead of tariffs being implemented. 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. Operational strategies. Buying forward. Insourcing.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. And we’ve yet to experience all of the possible repercussions of the conclusion of China’s zero-COVID policy. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 288

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 288

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Modeling 98

Modeling Optimization Software Inventory Reduction Optimization Modeling 98

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156