Locus

JANUARY 10, 2024

In today’s fast-paced retail world, efficient shelf replenishment is crucial. We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. What is Shelf Replenishment? But why is it so important, one might ask?

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

Logistics Viewpoints

OCTOBER 21, 2021

Decisions such as what should be the order minimums and multiples, what should be the replenishment frequency to my downstream locations, what should be the splits between different sources available, and how they should be prioritized, are all the types of policies that need increasingly frequent revision. He received his Ph.D.

Supply Chain Design Software 114

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 114

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 146

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. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics Bureau

DECEMBER 19, 2022

For example, slotting strategies often involve placing the fastest-moving SKUs close to the warehouse dispatch zones, minimising picking operatives’ travel distances and times. Therefore, any slotting strategy should focus on minimising such travel. Slotting Increases Replenishment Efficiency. Slotting Benefits: Summary.

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

Infosys Supply Chain Management

FEBRUARY 8, 2012

Cloud & Big Data. The resulting solution set focuses on master data management, demand planning and replenishment management systems, and the sequence in which they must be implemented. It would have institutionalized online strategies to capture customer preferences to tailor revenue-enhancing online offerings.

Supply Chain Planning Software 34

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

Conger

MAY 6, 2019

When it comes down to applying lean strategies, it’s not so easy. When collecting data to solve a problem, we ask “why” over and over until we believe we have arrived at the root cause. It was difficult to stock and exercise first-in first-out rules. Implementing lean management principles is challenging.

Waste Reduction 59

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 59