Infosys Supply Chain Management

JANUARY 13, 2013

View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Wealth Management. Supply Chain Management. Features & Opinions. |. Offerings. |.

Supply Chain Planning Software 26

Supply Chain Planning Software Blog Supply Chain Software Supply Chains 26

EazyStock

FEBRUARY 7, 2020

In this three-part blog series we’re looking at each of these inventory management problems. A build-up of excess inventory and obsolete stock as social trends and technologies quickly change and forecasting models fail to keep up. Expanding product portfolios due to business growth and as customers demand more choice.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

MARCH 4, 2021

Most items in the growth stage will experience an upward demand trend. Secondly, you should identify items with seasonal demand patterns and market trends and again fine-tune the forecast. In these situations you have to think smartly and weigh the costs against each other for replenishment.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. Higher costs of storage.

Supply Chain Planning Software 52

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

Logistics Bureau

OCTOBER 20, 2021

As an example of how illuminating the perfect order KPI can be, let’s look briefly at damage-free delivery as an example. For example, if the on-time percentage is 98%, the in full is 93%, the damage-free is 99%, and the orders with correct documentation is 96%, the calculation will look like this…. x 0.96 = 0.8661.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

EazyStock

MARCH 22, 2022

There have been significant shifts in customer behavior, making it hard to base assumptions on consumer trends. As a first step, if you have access to historical data, look for a sales period with similar trends and market dynamics as the present day (if possible). Take trends and seasonality into account. Use qualitative data.

Supply Chain Planning Software 52

Supply Chain Planning Software How To Supply Chain Design Software Supply Chain Software 52

Locus

DECEMBER 16, 2021

As do trends in fashion. Except that the trends in fashion are more dynamic. Revenge buying’—a trend that had grown popular in China earlier in the year was cropping up in the US too, with a renewed focus on luxury, return-to-work and occasion styles. Seasons come and seasons go. An inconsistent period of recovery.

Supply Chain Planning Software 52

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

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. However, it is now common in everyday life.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Talking Logistics

JUNE 25, 2018

Over the past couple of years, we have published many blog posts and produced several video episodes on supply chain digital transformation (see our archives ). also uses the same pool of inventory to replenish stores and fulfill online orders, a departure from Target’s existing supply chain.”.

Supply Chain Transformation 60

Supply Chain Transformation Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 60

GlobalTranz

DECEMBER 22, 2020

However, some market trends that became significant factors in 2020 will likely continue. For example, online shopping will grow faster than expected, and consumer behavior may shift in response to ongoing pandemic-related challenges. Home baking was another trend that tightened capacity. Rather than focus on regional D.C.s,

Inventory Reduction 62

Inventory Reduction Sourcing Strategies Cost Reduction Freight 62

EazyStock

MARCH 9, 2021

In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices. See an example of ABC analysis in action here. In a marketplace where trends come and go and product sales can be erratic, items can move from category C to A very quickly.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

EazyStock

JULY 10, 2018

Every manufacturer and distributor of after market parts needs to have a pulse on the different stages of their product life cycle to ensure inventory levels are being accurately forecasted and replenishment reorder points are in alignment with customer demand. Four main classifications of a product life cycle.

Inventory Reduction 45

Inventory Reduction Inventory Production Expense Reduction 45

EazyStock

OCTOBER 23, 2020

These patterns can re-occur over days, weeks, months or quarters and can make it harder for businesses to forecast future demand trends. With accurate demand forecasts that account for seasonality, you can optimize stock levels and make informed decisions on safety stock levels and replenishment rules. Inventory optimization.

How To 52

How To Optimization Software Inventory Optimization 52

EazyStock

JANUARY 31, 2022

Inventory Management KPIs – Examples for Effective Inventory Analysis. However, often statistical demand forecasting calculations that take into account demand types, trends and seasonality will be much more accurate. Inventory turnover ratio. Rate of return. Order pick, pack and dispatch accuracy.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

EazyStock

MARCH 26, 2018

However, in this blog post we will explain in a little more detail why EazyStock is different from your ERP inventory management capabilities and what value it brings to your business. In Microsoft Dynamics NAV for example, you can set values for reorder points and safety stock levels. ” [1]. Automated alerts.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

EazyStock

AUGUST 21, 2020

We’ve written numerous blog posts on ways to reduce excess and obsolete inventory and lower inventory carrying costs. However, this strategy has its challenges: You need to use accurate inventory forecast models which apply seasonality and trends to ensure any fluctuations in demand are accounted for when reordering stock.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time. They are used to measure how effectively the warehouse processes of receiving, replenishment, fulfilment and shipping perform. Manufacturing KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

Shipchain

JUNE 17, 2019

Farm-to-table and foraged foods trends are forcing food supply chains to evolve. For example, a food label’s accuracy is limited by the printer and user. Improved accountability that leads to cost savings through risk reductions and high-quality data, which are useful in creating product demand forecasts, replenishment plans and more.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 48

EazyStock

MAY 20, 2020

Here’s some examples of how: Inventory optimization software automates demand forecasting. At the end of a forecast period, demand fliers (anomalies) are highlighted, so you can decide whether the dip/increase is realistic and whether to allow the system to include it in future forecasts and update replenishment calculations accordingly.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 52

GlobalTranz

JUNE 8, 2021

They must go beyond the standard delivery in transportation management, and consumers are pushing this trend forward. Inventory replenishment for businesses that need delivery in combination with restocking or setup of new fixtures for such inventory. The package could be stolen, or the package’s contents could perish.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Transportation Reverse logistics Supply Chain Planning Software 78

GlobalTranz

DECEMBER 5, 2017

Although humans are part of the operational flow within the warehouse, robots in logistics do most of the difficult tasks, including replenishing the shelves with products. For example, vision guidance allows machines to work with foods like pizza. Subscribe to her blog to stay up to date on scientific news and follow her on Twitter.

Industry 61

Industry Logistics Network Optimization Software Material Savings Inventory Reduction 61

Freightos

MARCH 3, 2015

Today, we’re proud to present Cathy Roberson’s… 3 Technology Trends Changing the Supply Chain (2015-2020) Part IV. Technology Trend 1: Mobile. For example, it has already taken hold in online B2C transactions – placing orders and tracking delivery among other things. Technology Trend 3 – Augmented Reality.

Supply Chain Software 79

Supply Chain Software Supply Chains White Paper Logistics Network Optimization Software 79

EazyStock

AUGUST 8, 2023

For example, how much extra stock do you order to cover your forecasts? If this happens, you could receive sub-standard products, which won’t impress your customers. Dealing with CNY supply disruption As many stock managers know, planning for CNY complex due to many moving variables. When do you place the orders?

Inventory Reduction 52

Inventory Reduction Inventory Resource Reduction Scenario Planning 52

GlobalTranz

FEBRUARY 2, 2015

Each blog post written is distributed into groups that reach the supply chain community as well as professionals in manufacturing, transportation, distribution, and more. Today’s post is a follow up blog post to the post written a week or so back called “Vendor Managed Inventory Model for Supply Chain Cost Reductions.”

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

EazyStock

JANUARY 21, 2021

EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment. For starters there are many aspects to forecasting including seasonality, trends, adding promotional activity and allowing for forecasting error. Microsoft Dynamics 365 Inventory Management Features.

Inventory 52

Inventory Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

EazyStock

NOVEMBER 17, 2020

This can include statistical demand forecasting , advanced inventory planning and automated replenishment activities. Can you recognize the warning signs that your business needs automated inventory planning and replenishment ? Trends: Many items will experience demand trends.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

Infosys Supply Chain Management

FEBRUARY 8, 2012

View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Let us take an initiative such as Inventory Optimization as an example. Procurement Blog.

Supply Chain Planning Software 34

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 34

EazyStock

DECEMBER 8, 2021

For example, how much extra stock do you order to cover your forecasts? This leads to you receiving a sub-standard product. Dealing with CNY supply disruption. As many stock managers know, planning for CNY can be a complex task due to so many moving variables. When do you place the orders? And for different products?

Inventory Reduction 52

Inventory Reduction Inventory Resource Reduction Scenario Planning 52

EazyStock

MARCH 3, 2022

Other factors to consider that will affect demand accuracy include: Demand trends – product demand will change due to fashions, technological changes, and social, economic and legal factors. Knowing each inventory item’s demand profile or type will help you choose the best algorithms to calculate demand for the most accurate forecast.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. Another thing we talk about quite often on our blog is how companies often misjudge the needs and preferences of their customers. Step 1: What do Your Customers Want?

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

EazyStock

JULY 19, 2019

The world is going through several revolutions simultaneously; digitalization, globalization and security threats are just a few of the macro trends that affect companies and supply chains worldwide. Replenishment. For example, when the product is first introduced to the market it will not have any historical demand at all.

Optimal Sourcing 55

Optimal Sourcing Optimization Software Inventory Optimization 55

Infosys Supply Chain Management

DECEMBER 8, 2011

View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. These could include products which are either made to order or replenished to order.

Supply Chain Planning Software 20

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 20

EazyStock

APRIL 13, 2022

For example, having more accurate demand forecasting, warehouse automation, diversifying your supplier network or bringing new technologies on board to give you real-time data. Accurate demand forecasting is vital to ensure replenishment meets demand and you avoid over or understocking. Purchasing.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Ship Monk

OCTOBER 17, 2023

Lucky for you, in this blog we’re going to cover both! That means, in terms of past learnings, you can run dependable reports on all aspects of previous performances (successes and shortcomings) so you’re better equipped to make decisions about advanced ordering and replenishment this peak season.

Inventory Reduction 64

Inventory Reduction Inventory Optimization Software Supply Chain Planning Software 64

FreightWaves SONAR

DECEMBER 11, 2020

View the full infographic below the text body of this blog. Improve replenishment planning with access to ocean import data. As an example, rolled cargo could result in additional delays that add to a higher detention and demurrage risk for freight brokers and truckload providers. That one is the simplest of all.

Data 59

Data Supply Chain Planning Software Supply Chain Software Optimization Software 59

EazyStock

AUGUST 9, 2022

Some also produce picking lists and dispatch notes, and offer support with replenishment calculations. Inventory optimization software identifies demand types for each stock item and considers seasonality, trends, promotions, and new products when forecasting demand. Enterprise resource planning (ERP) software.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

GlobalTranz

NOVEMBER 4, 2016

Editor's Note: Today's blog is by Carl Turner. For example, a warehouse management system (WMS) is crucial to a modern distribution center management. This is just a crude example, but logistical questions like these will determine things like your pick path and the way items move through your warehouse. Analyze Everything.

Distribution 101

Distribution Modeling Software Tips Supply Chain Software 101