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 Cost Reduction Strategies Resource Reduction 98

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.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 52

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

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. The study provides competitive analysis and ranking of the leading service vendors in the form of its SPARK Matrix.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

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

ToolsGroup

SEPTEMBER 30, 2024

CAGR from 2024 to 2032 , the aftermarket sector is becoming more competitive, especially with the rise of electric vehicles (EVs), increasingly sophisticated technologies, and fluctuating customer demands. This shift has led to a growing need for agile inventory management and quick delivery systems. billion by 2032, growing at a 3.5%

Manufacturing Procurement 156

Manufacturing Procurement Optimization Software Supply Chain Planning Software ToolsGroup 156

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

Precoro

NOVEMBER 11, 2024

These benefits aren’t just about lower prices; they’re also about reducing transportation and inventory costs, which can really add up over time. For example, marketing might need new office supplies, IT might need laptops, and the logistics team might require equipment.

Pricing Training 84

Pricing Training Expense Reduction Price Reduction Cost Reduction Strategies 84

ThroughPut

JUNE 5, 2024

Vendor-managed inventory (VMI) is a collaborative supply chain management strategy where the vendor (supplier) manages the inventory levels at the customer’s location. This management involves the vendor monitoring stock levels, forecasting demand, and replenishing inventory.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 52

ToolsGroup

MAY 21, 2024

During this session, Franke will provide insights from their digital supply chain transformation journey, showcasing how they optimized the performance of their complex manufacturing and distribution ecosystem using ToolsGroup’s AI-powered S&OP solution, driven by its flagship tool, Service Optimizer 99+ (SO99+).

Gartner 156

Gartner ToolsGroup Supply Chain Planning Software Supply Chain Design Software 156

ToolsGroup

MAY 21, 2024

During this session, Franke will provide insights from their digital supply chain transformation journey, showcasing how they optimized the performance of their complex manufacturing and distribution ecosystem using ToolsGroup’s AI-powered S&OP solution, driven by its flagship tool, Service Optimizer 99+ (SO99+).

Gartner 156

Gartner Supply Chain Planning Software ToolsGroup Supply Chain Design Software 156

Clear Spider

JULY 11, 2023

Staying Ahead of the Curve: Prepare your Supply Chain for the Back To School Season School’s out for summer! Optimizing your supply chain is the first step towards capitalizing on current buyer behaviors. Show me what my supply chain is missing! As one of the biggest shopping events in the U.S.,

Inventory Reduction 97

Inventory Reduction Vendor Strategies Expense Reduction Price Reduction 97

Logistics Viewpoints

DECEMBER 11, 2023

I’ve completed research on supply chain planning (SCP) boutiques. We are teaming up to bring you the coolest supply chain boutiques, listed alphabetically, that we identified through those studies. enVista provides across-the-board supply chain and logistics consulting. What is a boutique?

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 278

GlobalTranz

SEPTEMBER 11, 2017

While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. Siloed Data Must Be United for True Supply Chain Inventory Optimization.

Supply Chain Optimization 383

Supply Chain Optimization Analytics Software Optimization Software Inventory Reduction 383

Synovos

MARCH 5, 2024

Overhauled MRO Strategy Propels UK Food Manufacturer to Save Millions, Boost Productivity For most companies, the COVID-19 pandemic presented a significant challenge in managing operations. Stock reduction is also part of the amassed savings. Some navigated that challenge successfully. Interested in our services?

Material Savings 98

Material Savings Inventory Reduction Cost Reduction Strategies Waste Reduction 98

Logistics Viewpoints

MARCH 21, 2024

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Self-distribution is an increasingly popular option for healthcare systems to consider when deciding how to manage their supply chain.

Prescriptive Analytics Software 247

Prescriptive Analytics Software Supply Chain Planning Software Optimization Software Analytics Software 247

Logistics Viewpoints

OCTOBER 17, 2024

Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supply chain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.

Manufacturing Procurement 243

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 243

Elementum

JANUARY 16, 2024

Business Process Automation Services: Enhancing Efficiency and Growth Business process automation (BPA) is a powerful approach to streamlining processes, eliminating repetitive tasks, and enhancing efficiency within organizations.

Supply Chain Software 78

Supply Chain Software Logistics Network Optimization Software Resource Reduction Optimization Software 78

ThroughPut

OCTOBER 18, 2024

CAGR , the global supply chain management software market is expected to touch USD 50 billion by 2032. This one figure speaks volumes about how organizations worldwide want access to the best supply chain management tools to boost efficiency and value in their distribution and logistics network.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. Still, there are several technologies that are transforming supply chains for the organizations that adopt them.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

ToolsGroup

JUNE 15, 2020

Are you making an action plan of all the things you could do better and faster with your supply chain planning software when the next global crisis hits? The disruption we’ve seen in supply chain planning as a result of the pandemic is unprecedented. How will the technology remove these barriers?

Supply Chain Planning Software 319

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Forecasting Software 319

RFgen

JUNE 30, 2023

Prioritizing technology solutions in today’s digital environment is a necessity. 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.

Inventory Management Software 78

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 78

ToolsGroup

JUNE 2, 2021

Selecting the right supply chain planning technology isn’t simply about solving a current challenge. The implications are much broader–if you implement the wrong software, you hinder your organization’s overall supply chain strategy and business objectives.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 156

ToolsGroup

MARCH 20, 2018

The 2018 Nucleus Research Inventory Optimization (IO) Value Matrix Report has just been released, and analyst Seth Lippincott identifies the latest technology trends, top inventory optimization solution providers, and the strengths and weaknesses of each vendor. The third theme is machine learning (ML).

Optimization Software 192

Optimization Software Vendor Strategies Inventory Reduction Network Optimization 192

Supply Chain Game Changer

JANUARY 19, 2022

Subscribe to Supply Chain Game Changer. The Supply Chain Renaissance Has Begun! Strategies to improve your Supply Chain article and permission to publish here provided by Claire Glassman. The supply chain is a significant part of your overall business strategy and inventory management.

Vendor Strategies 109

Vendor Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 109

Logistics Viewpoints

SEPTEMBER 11, 2024

With faster, more reliable connectivity, logistics systems are becoming more efficient and automated. Supply chains can now handle larger amounts of data in real time, allowing for quicker decision-making. Maintenance predictions also benefit from the technology, allowing for proactive fleet management.

Logistics Network Optimization Software 268

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 268

My Office Apps

OCTOBER 25, 2024

What are Common Supply Chain Pain Points Distributors Can’t Ignore? Managing a distribution supply chain can feel like a constant battle. With so many moving parts—suppliers, inventory, and logistics—distributors often find themselves stuck dealing with one crisis after another.

Supply Chain Software 76

Supply Chain Software Forecasting Software Optimization Software Optimal Sourcing 76

ToolsGroup

JUNE 17, 2024

Last week at the Gartner Supply Chain Symposium/Xpo™ 2024 conference in Barcelona, the supply chain community gathered for one of the most anticipated events of the year. The conversations were both dynamic and thought-provoking, reflecting the complex and rapidly evolving nature of global supply chains.

Gartner 156

Gartner Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 156

ThroughPut

AUGUST 8, 2024

Overview You’ve been there time and again—inventory headaches. No matter what you do, it feels like your inventory is conspiring against you: always too much or too little, and it’s not just by chance that you find yourself in this familiar predicament. Inventory management tools, on the other hand, don’t face these particular issues.

Inventory Management Software 52

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

BlueYonder

MAY 10, 2024

Here are the trends our Blue Yonder Industry Strategy team sees for the upcoming quarter: Supply Chain and Technology Supply chains will remain volatile with escalating disruptions as a result of extreme weather effects and unrest across the globe.

Vendor Strategies 99

Vendor Strategies Material Savings Resource Reduction Price Reduction 99

Supply Chain Game Changer

JUNE 30, 2022

Subscribe to Supply Chain Game Changer. The Importance of a Strong Supply Chain and Logistics Strategy! A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. Demand Planning. Consolidation. Visibility.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 78

My Office Apps

DECEMBER 7, 2023

Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? Efficient procurement processes not only streamline your purchasing cycle but also lead to better inventory management and ultimately, reduced costs.

Inventory Reduction 84

Inventory Reduction Inventory Management Software Cost Reduction Strategies Optimal Sourcing 84

Logistics Viewpoints

MAY 10, 2021

The SVP of Supply Chain at Walmart speaking at Blue Yonder’s virtual user conference. Following their fourth quarter results, top executives talked about their supply chain and omnichannel strategy at a high level. Walmart has been very open about what it takes to compete with Amazon. billion, 4.1%

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Software Supply Chain Transformation Inventory Reduction 256

Logistics Viewpoints

OCTOBER 2, 2024

The Ecosystem Today The logistics ecosystem is being transformed by the rise of connected vehicles equipped with IoT sensors and data-driven technologies. Connected vehicles, following standards like the SAE J3016, which defines the six levels of vehicle automation, are becoming a crucial part of logistics operations.

Warehousing 265

Warehousing Logistics Network Optimization Software Inventory Management Software Supply Chain Planning Software 265

RFgen

MAY 10, 2023

The ability to control costs is critical for effective inventory management. Companies that lag in technology may not be aware that their profit margins are suffering. Obsolete software and unchecked processes are often to blame. Regaining control over your inventory can make your warehouse and shop floor more efficient.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Vendor Strategies 52

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 77

Inventory Reduction Inventory Management Software Resource Reduction Supply Chain Planning Software 77