EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Any organization looking to lower costs across their supply chain and improve profit margins should therefore start by taking a closer look at how to reduce their stock levels.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. Anticipating stockouts with JIC inventory strategies. Using safety stock.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. For example, you can be doing finance in supply chain, or you can be doing operations. APICS, for example, runs some really good supply chain and logistics programmes. Marketing Yourself.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Bureau

JULY 10, 2018

While the development of a wholly demand driven supply chain (DDSC) might not be for every enterprise, there is no doubt that many can benefit from such as strategy. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” ” – Mark Zuckerberg.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 48

Conger

DECEMBER 13, 2022

Because in this post, you’ll find 11 effective strategies for doing just that. Note: If you can't find a local supplier, use the large ordering strategy: Placing larger orders but less frequently to keep more inventory on hand. If you're looking for ways to reduce lead times, you’re in the right place. Let's dive in! Easier returns.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. In this post we’ll look at 6 inventory control techniques that will specifically show you how to control your stock levels, help you optimize your inventory and maximize profits. Understand your demand.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 67

Price Reduction Resource Reduction Cost Reduction Inventory Reduction 67

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 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 Viewpoints

AUGUST 7, 2023

If you are implementing a warehouse management system, for example, you scan something, you put it away, you store items, you replenish, you build pallets. This is the penultimate example of leadership commitment. Ideally, you wouldn’t want your customer to even know that you implemented a system change. It is incredibly rare.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Modeling Software Optimization Software 105

Ship Monk

OCTOBER 17, 2023

So how do ecommerce stores satisfy inventory needs wisely while moving adeptly against any adversity peak season may hurtle like a snowball in the woods? The key is to be aware of inventory challenges out the gate, and have knowledge on how to overcome them should they occur. Lucky for you, in this blog we’re going to cover both!

Inventory Reduction 64

Inventory Reduction Inventory Optimization Software Supply Chain Planning Software 64

Logistics Business Magazine

OCTOBER 9, 2023

Improvement here is clearly important, but we have barely begun to touch on how to run the warehouse more efficiently, which is where some really big labour and administration costs lie – as well as potential savings. A minor example is some work we recently did for Birlea.

Warehousing 59

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 59

Stord

APRIL 11, 2022

For example, while consumer goods production recovered from international closures last summer, those goods would not reach the U.S. Global issues and supply chain disruptions will have a greater impact on your business, since you rely so heavily on those replenishments to keep your engine running. until after the holidays.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Ship Monk

JULY 27, 2022

Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! How often does inventory need to be replenished? How many SKUs does it take to reach full stock? How much am I spending on logistics costs — storage, shipping, fulfillment, etc.?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. It may be difficult to decide how to spend a limited budget on new digital technology. For example, analyzing real-time production data to uncover hidden inefficiencies and implement changes faster.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

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 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence. How to Improve Forecast Accuracy for Optimal Inventory. How Does Lead Time Affect Inventory?

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Supply chain strategies have come into the spotlight as volatile demand and complicated global markets have made supply chains more complex.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Bringg

AUGUST 5, 2020

Since retailers already need to deliver items to their stores for replenishment, they can make more efficient use of existing vehicles and reduce transportation costs by delivering items for in-store fulfillment at the same time. How to set it up. Click & collect vs. hyperlocal delivery.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

GlobalTranz

NOVEMBER 10, 2015

Recently we read from Software Advice their recent report, the 3PL budgeting guide , which listed how much should a 3PL budget and how to compare a Warehouse Management System. For example, reducing excessive safety stock allows a warehouse to minimize number of reorders, reduce wasted space, and avoid issues in shipping errors.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

EazyStock

JANUARY 31, 2022

How to Choose Inventory Management KPIs. Ensure KPIs all contribute towards your organization’s strategic goals whether these are customer service targets, growth strategies or profitability objectives. Inventory Management KPIs – Examples for Effective Inventory Analysis. Inventory turnover ratio. Rate of return.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. Therefore, any slotting strategy should focus on minimising such travel. Slotting Increases Replenishment Efficiency.

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

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 ? Automated replenishment is critical to ERP inventory management.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

EazyStock

MARCH 17, 2021

In this piece, we’ll take a look at some of the top types of supply chain disruptions, the impacts that they have on your supply chain, how to mitigate whatever risk you can and finally how you can handle supply chain disruptions once they occur and come out on top. Types of Supply Chain Disruptions. Emergency Backup Plan.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

Conger

DECEMBER 13, 2022

How warehouse management systems work. How they’re different from other software systems. How to choose a system that fits your operation. How Do Warehouse Management Systems Work? How to Choose a Warehouse Management System. The features, advantages, and benefits of each type. And lots more…. Let’s dive in!

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 52

Logistics Business Magazine

APRIL 23, 2021

Companies were left scrambling, trying to figure out how to meet this heightened demand, keep their employees safe, and continue to operate without their usual supply chain networks. Suddenly, overnight the how and where of manufacturing and distribution changed. The demand on ecommerce was staggering.

Supply Chain Software 60

Supply Chain Software Manufacturing Procurement Automation Supply Chain Design Software 60

Conger

MAY 6, 2019

When it comes down to applying lean strategies, it’s not so easy. So we asked six Toyota experts: how are you applying lean management principles at your facility? Toyota Lean Management is a management philosophy that teaches team members how to solve problems in a way that is effective and sustainable.

Waste Reduction 59

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 59

247 Customs Broker

NOVEMBER 30, 2018

Here’s advice on how to speed things up—from the way you design your footprint to how you execute the final mile. “Business-to-business (B2B) companies expect the same level of customer service as consumers,” says Salim Shaikh, senior director, global industry strategy at JDA Software in Scottsdale, Arizona.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 28

Material Handling and Logistics

AUGUST 31, 2018

As explained by the popular saying about how to eat an elephant (“one bite at a time”), overwhelming problems are best solved by simplifying how you look at the issue and taking small steps. For example, using smartphones and tablets instead of barcode scanners can make it easier to train your employees and for them to get work done.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

247 Customs Broker

APRIL 6, 2018

Sure, every facility has plans, like min/max levels for SKUs, replenishment schedules and maybe even some local labor planning to assess if a distribution center can meet a peak season rush. The trick, of course, is how to make S&OP more effective, and thus more beneficial to managers in the trenches.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 28

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Here’s how to do it: Label aisles, rows and bins with floor or overhead placards so employees can identify the correct location quickly and easily. Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

Conger

MAY 6, 2019

When it comes down to applying lean strategies, it’s not so easy. So we asked six Toyota experts: how are you applying lean management principles at your facility? Toyota Lean Management is a management philosophy that teaches team members how to solve problems in a way that is effective and sustainable.

Waste Reduction 40

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 40

Material Handling and Logistics

AUGUST 31, 2018

As explained by the popular saying about how to eat an elephant (“one bite at a time”), overwhelming problems are best solved by simplifying how you look at the issue and taking small steps. For example, using smartphones and tablets instead of barcode scanners can make it easier to train your employees and for them to get work done.

Supply Chain Design Software 60

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

Automotive Logistics

MARCH 20, 2018

One way to improve how rail is used is better network optimisation of the entire car delivery process. Steve Tripp, vice-president of global strategy and execution at ICL Systems, revealed that despite belief by logistics providers to the contrary, the finished vehicle logistics sector had never optimised its entire network.

Supply Chain Planning Software 37

Supply Chain Planning Software Supply Chain Design Software Material Savings Logistics Network Optimization Software 37

EazyStock

APRIL 28, 2022

Our article explains how to forecast and deal with fluctuating demand , including using appropriate historical data and how to deal with periods of stockouts. You need to understand where staff shortages will impact your operations and identify how to hire and retain the right staff. Not everything needs to be done at once.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

EazyStock

APRIL 28, 2022

Our article explains how to forecast and deal with fluctuating demand , including using appropriate historical data and how to deal with periods of stockouts. You need to understand where staff shortages will impact your operations and identify how to hire and retain the right staff. Not everything needs to be done at once.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

Automotive Logistics

MARCH 20, 2018

One way to improve how rail is used is better network optimisation of the entire car delivery process. Steve Tripp, vice-president of global strategy and execution at ICL Systems, revealed that despite belief by logistics providers to the contrary, the finished vehicle logistics sector had never optimised its entire network.

Supply Chain Planning Software 31

Supply Chain Planning Software Supply Chain Design Software Material Savings Logistics Network Optimization Software 31