Unleashed

AUGUST 30, 2024

Managing a single warehouse can be a difficult task. When you expand to multiple warehouses or inventory locations, your challenges and risks begin to multiply. This article explores the ins and outs of multiple warehouse inventory management: the challenges, the advantages, and key best practices for doing it right.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Warehousing 52

Logistics Viewpoints

DECEMBER 2, 2021

With Christmas goods in stores before Halloween this year, I thought there was no reason that we shouldn’t also get a jump on 2022 predictions. The post Is it too Early For 2022 Predictions? Sustainability will become an opportunity, not a challenge for supply chains. appeared first on Logistics Viewpoints.

Predictive Analytics Software 329

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 329

Enterra Insights

NOVEMBER 26, 2019

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

Locus Robotics

JUNE 6, 2023

By Alex Selwitz, Red Stag Fulfillment Unlocking a warehouse’s potential starts with impeccable organization. Imagine a well-oiled machine, where inventory seamlessly flows, driven by efficient logistics. Poor warehouse organization is more than a mere nuisance — it’s Pandora’s box of issues. The good news?

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Warehousing Optimization Software 52

Logistics Viewpoints

MARCH 27, 2024

Fetch Robotics This solution consists of a fleet of robots that can navigate autonomously in a warehouse, using sensors, cameras, and lasers to avoid obstacles and collisions. The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory.

Analytics Software 242

Analytics Software Predictive Analytics Software Optimization Software Supply Chain Network Software 242

SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

RFgen

MAY 16, 2023

Inventory drives the supply chain, ensuring the right amount of stock is available in the right place at the right time. That’s why most inventory handlers leverage data. The role of data analytics in optimizing inventory management processes has become increasingly important. Enter automated data collection.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

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 68

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 68

SCMDOJO

JANUARY 23, 2023

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

Prescriptive Analytics Software 132

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 132

Supply Chain Matters

MARCH 14, 2023

Supply Chain Matters provides a first installment in a four-part technology market education series where we address the evolving use of Cloud based control layer technology platforms applied to warehousing and customer fulfillment processes. This initial posting provides readers with an overview and primer for this type of technology.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Prescriptive Analytics Software Optimization Software 94

RFgen

AUGUST 14, 2024

What technologies are transforming warehouse operations into models of efficiency and precision? As companies strive for seamless and effective warehouse management, geolocation technology emerges as a game-changer, driving unparalleled levels of efficiency, accuracy, and optimization. One answer lies in geolocation.

Warehousing 69

Warehousing Inventory Reduction Supply Chain Design Software Inventory Management Software 69

Enterra Insights

JUNE 22, 2022

The irony of excess inventory. Reporters from Bloomberg explain, “A nationwide inventory glut has led to unexpected bargains for U.S. 5] She writes, “Deep discounts are expected on oversize couches, appliances and patio furniture that are more expensive for companies to store in their warehouses, analysts say.”

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

ThroughPut

JUNE 16, 2024

Retailers often need help with inefficiencies, stockouts, and overstocking due to a lack of real-time data and insights into their inventory processes. What are the Challenges of Inventory Delivery Management in Retail? However, achieving this requires robust inventory management systems and technologies.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 52

DELMIA Quintiq

JUNE 21, 2021

Warehouse management is no longer the static element in the supply chain, but an area that’s ready for smart transformation. This makes warehouse digital transformation a reality in order to sustain business and thrive amidst increasing competition and market pressures. billion in 2020 and is projected to reach USD $14.18

Inventory Management Software 156

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 156

Logistics Viewpoints

NOVEMBER 20, 2024

Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change. Warehousing operations also offer opportunities for sustainable transformation. These efforts not only protect worker rights but also build trust with stakeholders and consumers.

Waste Reduction 196

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 196

RFgen

AUGUST 14, 2024

What technologies are transforming warehouse operations into models of efficiency and precision? As companies strive for seamless and effective warehouse management, geolocation technology emerges as a game-changer, driving unparalleled levels of efficiency, accuracy, and optimization. One answer lies in geolocation.

Inventory Reduction 66

Inventory Reduction Supply Chain Design Software Inventory Management Software Optimization Software 66

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

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

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 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 52

Vinculum

MARCH 18, 2021

The Digi-Smart manufacturing process empowers enterprises to gain control of their warehouses and ensures that products can be delivered to customers as quickly as possible. This wave of change has made warehouses smarter and more agile. Some experts say that within five years high-performance warehouses will be fully autonomous.

Warehousing 52

Warehousing Optimal Sourcing Sourcing Strategies Inventory Reduction 52

SYSPRO Smarter ERP

SEPTEMBER 4, 2023

Initially, companies rolled out business intelligence (BI) tools but as these solutions struggle to support a growing set of new use cases, companies are implementing embedded analytics (EA) in their ERP systems. A supply chain dashboard can help to track inventory levels, logistics management and warehouse operations from a single display.

Analytics Software 111

Analytics Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 111

RFgen

AUGUST 30, 2024

Warehouse jobs form the backbone of efficient supply chains, yet the warehousing and logistics industry faces a significant challenge: attracting and retaining skilled talent in a competitive labor market. This underscores the critical importance of addressing workforce challenges in the warehouse sector.

Inventory Reduction 68

Inventory Reduction Cost Reduction Strategies Material Savings Price Mitigation Strategies 68

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Managing inventory costs is important because high inventory costs can erode the bottom line.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 75

RFgen

MARCH 27, 2024

For any business that handles materials or fixed assets, inventory control is central to operational efficiency and customer satisfaction. To manage inventory efficiently requires technology. However, efficiency and optimization only come from advanced inventory control software. It’s a delicate balancing act.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Resource Reduction Supply Chain Planning Software 75

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

AIMMS

FEBRUARY 13, 2018

In today’s business environment, you can’t remain competitive without mastering analytics. S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests. Not enough managers are fluent in the language of analytics.

Analytics Software 250

Analytics Software Predictive Analytics Network Optimization Software Optimal Sourcing 250

Supply Chain Game Changer

NOVEMBER 17, 2022

Fortunately, the newest versions of analytics or big data are already demonstrating their potential for helping move merchandise and raw materials from Point A to Point B, wherever those points happen to be. Visual Analytics. In fact, narrow margins have long been a main feature of the grocery segment.

Analytics Software 92

Analytics Software Predictive Analytics Analytics Supply Chain Planning Software 92

ThroughPut

JULY 4, 2024

The health of your business is directly proportional to the health of your inventory. Both excess and depleting inventory can negatively impact your revenue. The best inventory management software, powered by these advanced technologies, can not only assist you with daily tasks but also support business-level strategic planning.

Inventory Management Software 52

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

ThroughPut

APRIL 20, 2021

Artificial Intelligence In Inventory Management – How To Optimize Your Warehouse Inventory Management. Why is optimizing Warehouse Inventory Management a need of the hour? Why is warehouse inventory management necessary? A smart assistant for better warehouse inventory management.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimization Software 52

SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process. Why is it crucial?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

ToolsGroup

MAY 17, 2016

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost. Here’s why.

Optimization Software 180

Optimization Software Omnichannel Inventory Reduction Supply Chain Optimization 180

GlobalTranz

MAY 2, 2017

Manufacturers have always struggled to obtain the most accurate inventory levels possible. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality. Let’s take a closer look at why such systems have the power to radically change standard inventory management operations.

Inventory Management Software 120

Inventory Management Software Inventory Reduction Inventory Management Procurement Analytics 120

GlobalTranz

DECEMBER 13, 2018

However, it’s now being used by many businesses, including logistics companies and retailers seeking help for warehouse management. In healthcare, it’s being used to for faster diagnosis for patients, while also predicting future problems a patient may face. These robots now do 70% of the work in the warehouse.

Warehousing 193

Warehousing Supply Chain Planning Software Supply Chain Software Analytics Software 193

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

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. Multi-warehousing efficiencies.

Inventory Management Software 80

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

Logistics Viewpoints

MAY 12, 2022

Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.

Supply Chain Design Software 205

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Analytics Software 205

Supply Chain Shaman

JUNE 30, 2023

As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet. Anne is a lean disciple and sees all inventory as Muda. She lacks the appreciation for the need for inventory as a buffer. I advised John to ask for help to improve inventory health.

Supply Chain Planning Software 326

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 326