Ship Monk

SEPTEMBER 19, 2022

Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. By itself, carrying cost may not tell you much, but when tracked over time it can identify trends that affect your bottom line. Identify trends and generate reports for more accurate forecasting.

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

Logistics Viewpoints

MARCH 3, 2023

And while this definitely points to an industry making strides, a recent Procurious survey found that 75 percent of women in supply chain experience gender-based adversity. That trend, along with technological advancements, gave FedEx incentive to overhaul its Express unit’s network in a bid for long-term savings.

Supply Chain Planning Software 120

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software 120

EazyStock

MARCH 4, 2021

This post will explain how, but first, let’s deal with a few simple definitions. 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. The Importance of Improving your Inventory Turnover.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

Talking Logistics

DECEMBER 3, 2018

There is so much talk, and varying interpretations, about digital transformation, that I began our discussion by asking Roger for his definition and what he sees as the current adoption rate. You then create a sales order (and number) in your ERP. The Digital Transformation Journey. They don’t have that today. Keys to success.

Digital 60

Digital Supply Chain Planning Software Supply Chain Software Procurement Solutions 60

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

While the concept of reshoring, also known as onshoring, has been a growing trend over the past decade, when the pandemic hit it introduced risk in a way that wasn’t previously considered. Down under, a drive to reshore Australian-made goods has become a definitive part of the Albanese Labor Government’s ‘Buy Australia’ plan.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Supply Chain Software 105

The Lean Thinker

DECEMBER 9, 2022

The work also met every definition of “difficult, dirty and dangerous.” Common examples are an Enterprise Resource Planning (ERP) system, or an Electronic Health Records (EHR) system. this is particularly true in ERP / MRP environments.) Let’s take another look at those ERP or EHR systems.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

Infosys Supply Chain Management

MARCH 28, 2014

Discuss the latest trends and solutions across the supply chain management landscape. It would go a long way in brand building, bringing down training costs, though the initial set up cost would definitely be higher. The ERP major, SAP took to gamification by implementing MindTickle platform for their recruitment process.

Supply Chain Planning Software 31

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 31

Infosys Supply Chain Management

MARCH 6, 2012

Discuss the latest trends and solutions across the supply chain management landscape. Since social media is something that is used by majority of consumers on a daily basis, it is slowing evolving as the most powerful tool to know the current demand trends of products. Social media can only provide a trend.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 22

SYSPRO Smarter ERP

NOVEMBER 8, 2021

New trends in supply chain management. Another trend that is becoming prevalent is to engage with suppliers in a digital supply chain. An ERP application’s Master Production Scheduling system may need to suggest a plan that is based on inventory on hand, rather than what is required by anticipated customer orders.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. Reporting and analytics : These capabilities provide insights into fleet performance and trends.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

Material Handling and Logistics

NOVEMBER 8, 2018

The trouble with this definition is that it doesn’t explain what exactly changes in supply chain management—that is, what gets “transformed”—when digital technologies are adopted. Since there didn’t seem to be a clear definition of digital supply chain transformation available, I developed one from first principles.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 134

247 Customs Broker

NOVEMBER 23, 2018

If companies can’t compete with the amazing selection, super-fast shipping, and low prices on Amazon, then they are definitely not going to perform as well. Putting Your Supply Chain First Why it’s important for Mid-Market Companies to improve their supply chain technology ahead of ERP upgrades. Download Now! Download Now!

Inventory Reduction 28

Inventory Reduction Supply Chain Planning Software Price Reduction Vendor Strategies 28

Infosys Supply Chain Management

MARCH 6, 2014

Discuss the latest trends and solutions across the supply chain management landscape. « E-retailers exploring same day delivery | Main | Lubrication Management - An Integral part of Asset Management - Part I » ERP in Cloud - Hype or Hope!!! There are concerns on data security, privacy, business continuity and control.

Supply Chain Planning Software 35

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 35

247 Customs Broker

JANUARY 9, 2019

Positioned between a shipper’s enterprise resource planning system ( ERP ) or other legacy solutions and its warehouse management system ( WMS ), TMS automates the inbound and outbound shipping processes. The convergence of these two trends could help drive even more market growth during the coming year. Download Now! Download Now!

Supply Chain Planning Software 28

Supply Chain Planning Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 28

Talking Logistics

DECEMBER 5, 2018

Digital transformation is a long journey, so trying to sprint through it is a recipe for failure (as many companies have painfully learned with “Big Bang” ERP implementations).

Conference 61

Conference Optimal Sourcing Optimization Software Supply Chain Software 61

Infosys Supply Chain Management

FEBRUARY 2, 2014

Discuss the latest trends and solutions across the supply chain management landscape. « Social Media in Supply Chain.the new trend! Main | ERP in Cloud - Hype or Hope!!! Same day delivery would definitely bring in customer delight and further motivate them to go for online shopping. ERP in Cloud - Hype or Hope!!!

Supply Chain Planning Software 36

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 36

GlobalTranz

JULY 15, 2015

Three key trends are changing the way of life for industrial companies and their employees today. includes intelligent bridging between CRM, SCM and ERP systems, social media and other information sources. includes intelligent bridging between CRM, SCM and ERP systems, social media and other information sources.

Manufacturing Procurement 100

Manufacturing Procurement Digital Supply Chain Design Software Modeling Software 100