Stord

APRIL 24, 2024

Love it or fear it, Artificial Intelligence appears to be the new normal in everything, including supply chain and logistics operations. From improved customer experience to greater inventory planning and forecasting, AI promises to make all of our lives easier and reduce those all-too-common supply chain headaches.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 88

The Logistics of Logistics

MARCH 6, 2024

Kyle is the CEO and co-founder of Two Boxes , a returns company that develops technology that enables 3PLs and merchants to improve in-warehouse return operations. Kyle is based in Denver and leads the company’s strategy, sales, partnerships, and operations functions. Silica, and Deloitte. The company has secured $4.5

eCommerce 334

eCommerce Inventory Reduction Logistics Network Optimization Software Supply Chain Software 334

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Inventory ERP 111

EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. The key for inventory management teams is to know what to do with it! Processing big data.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

Logistics Viewpoints

JANUARY 11, 2024

Let’s just come right out and say it – without the ability to capture, aggregate, and understand your supply chain data, you have gray area within your organization. It’s a veritable petri dish for blind spots across your operation that no amount of manual workarounds can fix. Your “story” is in your data.

Supply Chain Planning Software 137

Supply Chain Planning Software Supply Chain Software Optimization Software Logistics Network Optimization Software 137

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.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

Logistics Viewpoints

NOVEMBER 16, 2023

This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. There are many strategic initiatives that can be undertaken to reduce lead time, from contract negotiations, supplier rationalization, vendor managed inventory options, strategic network design and numerous others.

Inventory Reduction 144

Inventory Reduction Material Savings Vendor Strategies Expense Reduction 144

Cyzerg

SEPTEMBER 14, 2023

Implementing a WMS can optimize your warehouse processes , improve inventory accuracy, and enhance overall operational efficiency. This guide will walk you through the entire process of WMS implementation, from initial planning to final execution, covering key aspects such as system selection, data integration, and employee training.

Optimization Software 333

Optimization Software Training Inventory Article 333

Logistics Viewpoints

FEBRUARY 3, 2022

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

Inventory Reduction 174

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 174

Stord

FEBRUARY 15, 2024

Inaccurate inventory planning leads to missed sales and consumer dissatisfaction from out-of-stock situations, or costly and inefficient resource allocation by overstocking inventory or not storing it strategically. For more information about the new Inventory Planning solution, please visit www.stord.com/inventory-planning.

Supply Chain Planning Software 60

Supply Chain Planning Software Inventory Reduction Supply Chain Software Optimization Software 60

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.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

3PL Links

MARCH 11, 2024

Top 6 Most Important Inventory Optimization Strategies | Image source: Shipdepot Decreased output, unanticipated expenses, and delivery delays are just a few of the issues that can occur from a lack of inventory management. Discover six strategies for inventory optimization if your firm has been dealing with similar issues.

Optimal Sourcing 48

Optimal Sourcing Inventory Reduction Expense Reduction Cost Reduction 48

Supply Chain Brain

MARCH 14, 2024

Warehouse management systems have long produced a wealth of data relating to picking, packing, slotting and inventory management, but the visualization capabilities provided by digital twins go a long way toward making that information actionable.

Digital 99

Digital Operations Packing Picking 99

SYSPRO Smarter ERP

JULY 3, 2023

What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference. Nine areas where AI can help manufacturers There are several ways in which data and AI can be applied in the manufacturing industry. The Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Supply Chain Brain

APRIL 3, 2024

Supply chain network design, a branch of operations research, helps in strategic decision-making about nodes, sourcing, transportation modes and inventory levels.

Supply Chain Design 95

Supply Chain Design Supply Chains Reliability Networks 95

SYSPRO Smarter ERP

DECEMBER 13, 2021

Inventory management was moving towards a just-in-time approach until the supply disruptions of the last year. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a re-assessment of practices and KPIs in order to keep goods flowing in a predictable and manageable way.

Inventory Reduction 122

Inventory Reduction Inventory Sourcing Strategies Supply Chain Planning Software 122

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Effective data management.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Inventory Optimal Sourcing 105

FW Logsitcs

OCTOBER 10, 2023

In today’s fast-paced business world, effective and efficient inventory management is critical to any successful third-party logistics warehouse operation. Efficient inventory management in a 3PL warehouse ensures a steady flow of goods, improves overall operational efficiency, and reduces costs.

Optimization Software 52

Optimization Software Inventory Reduction Supply Chain Planning Software Inventory 52

Logistics Business Magazine

FEBRUARY 11, 2024

While some businesses have sought to nearshore manufacturing operations or diversify suppliers in an attempt to wrestle back some control over the uncertain landscape, many neglect to consider how internal processes could hold more of the answers. It enables them to better adapt to unexpected shifts in market conditions.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Software Data Supply Chains 61

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Logistics Viewpoints

NOVEMBER 11, 2021

Kind of like managing inventory in your warehouse. Poorly managed inventory will cause stress in the operation between departments. Here are some things you might be seeing with poorly managed inventory: Failures in on-time shipping driven by delays in finding inventory in time to make shipping commitments.

Inventory Reduction 123

Inventory Reduction Inventory Cost Reduction Material Savings 123

Ship Monk

MARCH 23, 2023

If you want to strike fear into the heart of an ecommerce business owner, say the words, “inventory discrepancy.” Unfortunately, inventory discrepancies are a common occurrence in many ecommerce businesses and fulfillment warehouses. What is an Inventory Discrepancy? So, what’s the big deal? But which is it?

Inventory Reduction 73

Inventory Reduction Inventory Optimization Software How To 73

Ship Monk

JANUARY 31, 2024

Of course we’re talking about your ecommerce store’s data security. Exposure Through Data Transfer When you work with any third-party vendors, data is transferred between platforms. Data Security Protection 1.) who can see the data?), data encryption protocols (i.e.

eCommerce 79

eCommerce Security Supply Chain Planning Software Supply Chain Design Software 79

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. Siloed data and disparate systems skew analytics results.

Supply Chain Design Software 153

Supply Chain Design Software Inventory Reduction Optimization Software Supply Chain Software 153

EazyStock

JULY 22, 2021

Demand forecasting techniques play a critical role in inventory management. However, producing an accurate inventory demand forecast is no mean feat. But first – let’s get a definition: What is inventory demand forecasting? The Importance of Accurate Inventory Forecasting. Inventory Forecasting: Demand Types.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

Logistics Business Magazine

MAY 25, 2023

International supply chain solutions provider TouchPath has released ‘TouchCount’, a new breed of inventory cycle counting technology that live-counts production, warehouse and logistics inventory with no costly and time-consuming production stoppages or disruption to warehouse product flows.

Inventory 55

Inventory Supply Chain Software Logistics Network Optimization Software ERP 55

Ship Monk

JULY 21, 2022

Perpetual inventory. Well, a perpetual inventory system does constantly monitor the flow of products in and out of your warehouse, but there’s a bit more to managing the inventory than that. What is a Perpetual Inventory System? Perpetual Inventory vs. Periodic Inventory. That sounds promising, doesn’t it?

Inventory 52

Inventory Logistics Network Optimization Software eCommerce 3PL 52

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

3PL Links

AUGUST 23, 2023

8 Best Practices for Efficient Inventory Management | Image source: Pexels Maintaining control over the inventory of items is crucial to ensuring a healthy sales volume and, consequently, reducing operating costs. Read also: Everything You Need to Know About Inventory Management 4. Continue reading to learn more!

Sourcing Strategies 48

Sourcing Strategies Inventory Reduction Inventory Efficiency 48

Logistics Business Magazine

DECEMBER 1, 2022

From inventory distribution to sorting, warehouses play a strategic role. This leads to efficient inventory planning that ensures a more accurate flow of items in and out of a warehouse. AI can be used to process large amounts of information in a short time, leading to data being more easily condensed and accessible.

Inventory Reduction 75

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 75

Logistics Viewpoints

APRIL 24, 2024

First, supply chains do not operate in isolation. Data Visibility. Data is at the center of all decisions across the supply chain. Körber is also continuing to invest in Support, Delivery, and Operations (SDO) as part of the Team pillar. Available to sell is the on-hand inventory minus any promised inventory.

Course 136

Course Supply Chain Planning Software Optimization Software Supply Chain Software 136

SYSPRO Smarter ERP

JANUARY 9, 2023

Manufacturers increasingly turning to data and analytics, from an ERP system, to support business initiatives. Data is after all the fuel that runs the Fourth Industrial Revolution. Challenges to using data. Many manufacturers are data-rich but when it comes to using it they are insight-poor.

Manufacturing Procurement 111

Manufacturing Procurement ERP Data Logistics Network Optimization Software 111

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Despite record layoffs in many industries, Canadian manufacturers face a skills shortage in key positions in operations and across the supply chain. The pandemic uncovered key vulnerabilities in reaction times and agility by exposing gaps between plans and their execution due to lack of end-to-end visibility of operations. .

Supply Chain Planning Software 105

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

Logistics Business Magazine

OCTOBER 10, 2023

(NASDAQ: MANH) announced the findings of its latest international omnichannel research, highlighting how retailers are increasingly digitizing their offering in efforts to improve customer experiences and maintain market share, with inventory visibility being key.

Inventory 47

Inventory Purchasing Skills Procurement Analytics Procurement Solutions 47

Logistics Viewpoints

JANUARY 18, 2024

1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. 2) AI-Infused Data Quality Assurance Ok, we built the proverbial highway.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 148

Talking Logistics

MAY 6, 2019

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy. The Inventory Accuracy “Confidence Gap”.

Optimal Sourcing 84

Optimal Sourcing Inventory Supply Chain Software Optimization Software 84