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. Demand driven supply chains must indeed react to some extent, but not indiscriminately so. ” – Mark Zuckerberg.

Supply Chain Planning Software 48

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

EazyStock

FEBRUARY 1, 2021

For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. This means their supply chain operations must be as efficient at serving eCommerce sales channels as they are at fulfilling offline markets. Accurate eCommerce inventory replenishment.

Inventory Reduction 52

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EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. Global supply chains.

Supply Chain Planning Software 52

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Logistics Viewpoints

APRIL 22, 2024

More importantly, we needed to capture the knowledge of our subject matter experts on how to make all of that happen.” It learned how to solve problems from the people who solve those problems every hour of every day. This writer has been covering supply chain management for over 25 years.

Optimal Sourcing 135

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 135

EazyStock

FEBRUARY 26, 2020

Complex supply chains as businesses rely on a vast network of manufacturers, distributors and retailers. Introducing inventory optimization methods to your inventory management practices ensures that supply and demand volatility is considered when setting your demand forecasts, stock levels and replenishment parameters.

Availability 52

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EazyStock

MARCH 22, 2022

It’s been over two years since the far-reaching effects of the Coronavirus pandemic on global supply chains started to take the world by surprise. Accurate demand forecasts are essential, as forecasting problems lead to numerous other supply chain problems. How to overcome demand forecasting challenges.

Supply Chain Planning Software 52

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EazyStock

FEBRUARY 18, 2020

Let’s take a look at an example. Many demand planners or supply chain managers think that finding the right EOQ for each item they stock is the obvious best way to manage their inventory. In the example above, the EOQ determined that the warehouse would be placing orders for fidget spinners approx. C o = cost per order.

Ordering 95

Ordering Purchasing Skills How To Inventory 95

EazyStock

MAY 20, 2020

At the same time, companies are dealing with erratic customer behavior and badly disrupted supply chains. Why COVID-19 is Driving Supply Chain Digitalization. In 2019 MHI and Deloitte published their report “Elevating Supply Chain Digital Consciousness”. The Benefits of Supply Chain Digitalization.

Supply Chain Planning Software 52

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Logistics Bureau

JANUARY 11, 2021

So, for example, if a sales rep asks them, customers will say, “I want a good level of service, I want a competitive price, and I want a strong relationship with the business.”. How to Design your Customer Service Offer. Customers must clearly understand how to use your business and you must know what you are expected to do.

Logistics Network Optimization Software 68

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Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health’s senior vice president of global logistics, said of their implementation of the Kinaxis’ supply chain planning (SCP) solution, “I was scared! Pete Bennett, and his co-presenter, Mary Byrne, the vice president of supply and demand planning, spoke during a presentation at Kinaxis’ user conference Kinexions.

Supply Chain Planning Software 105

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Logistics Bureau

NOVEMBER 23, 2020

In a Supply Chain Secrets YouTube video, Kieran Hogan says he has been in the industry pretty much his entire working life and hasn’t seen any place yet where this rule—or something close to it— doesn’t apply. Let’s look at an example. You need to do forecasting as well as supply chain planning.

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EazyStock

DECEMBER 13, 2021

Unfortunately there’s no easy solution to the deal with the current global supply chain problems and avoid stockouts altogether. During times of supply chain disruption, stockouts are inevitable. For example, when there is only a day, a week or a month’s worth of stock left, based on the item’s average sales.

Inventory 52

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EazyStock

MARCH 3, 2022

In the early 1980s, just in time supply chain management emerged as a way for businesses to reduce stock levels and only hold items that were needed to fulfill known orders. In recent years, and particularly since the coronavirus pandemic, just-in-case (JIC) supply chain management has become more popular.

Inventory Reduction 52

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EazyStock

FEBRUARY 7, 2020

Three common causes for this are: Complex supply chains as businesses rely on a vast network of manufacturers, distributors and retailers. In this post we’re exploring how to manage inventory effectively when you’re faced with a growing product portfolio. Increased stock levels to ensure stock availability.

Inventory Reduction 52

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GlobalTranz

DECEMBER 5, 2018

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics. DOWNLOAD CALCULATOR.

Price Reduction 67

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EazyStock

FEBRUARY 18, 2020

Let’s take a look at an example. Many demand planners or supply chain managers think that finding the right EOQ for each item they stock is the obvious best way to manage their inventory. In the example above, the EOQ determined that the warehouse would be placing orders for fidget spinners approx. C o = cost per order.

Ordering 52

Ordering Purchasing Skills How To Inventory 52

Talking Logistics

DECEMBER 4, 2017

For example, I learned that there’s a difference between cement and concrete, even though many people use the terms interchangeably. I also learned that there are a lot of similarities between the Heavy Building Materials supply chain and the Domino’s Pizza supply chain.

Supply Chain Planning Software 0

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EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Inventory control is the process of managing and regulating the supply, storage and distribution of stock. Fine-tune your stock replenishment strategies. What is stock optimization? Understand your demand.

Inventory Reduction 98

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ShipLilly

JULY 7, 2020

However, at some point, all supply chains will break down. With backorders, customers can keep shopping even when there is a break in the supply chain. For example, many e-Commerce operators do not like dealing with the additional bureaucracies of handling shipping and payments for backorders.

eCommerce 40

eCommerce Handling How To Modeling Software 40

SYSPRO Smarter ERP

DECEMBER 19, 2022

Then in the early 2000s, a new technology emerged, inventory optimization (IO), which could account for variability and multi-level activity in the supply chain and optimize inventory management policies using a statistical approach to manage both demand and supply variability. Challenges of IO and AI.

Inventory Reduction 105

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Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. For example, a warehouse might have a big propane tank they use with forklifts that run on propane. That occurs when the forecast is handed off to the replenishment system.

Optimal Sourcing 100

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SYSPRO Smarter ERP

DECEMBER 19, 2022

Then in the early 2000s, a new technology emerged, inventory optimization (IO), which could account for variability and multi-level activity in the supply chain and optimize inventory management policies using a statistical approach to manage both demand and supply variability. Challenges of IO and AI.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

ShipLilly

OCTOBER 14, 2020

Successful organizations in the eCommerce world can streamline their supply chain through the correct selection of distribution and fulfillment centers depending on their operational needs. It is important to note that both aspects are part of the supply chain and should be given consideration during operations planning.

Distribution 98

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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. When evaluating your customers’ needs, thinking about how to design your company’s service to meet them is natural.

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SYSPRO Smarter ERP

SEPTEMBER 8, 2021

It has also emphasized how fragile supply chains really are. How rapidly can you adapt if something changes quickly like it has done? How do you ensure delivery if once reliable supply chains break? It may be difficult to decide how to spend a limited budget on new digital technology.

Supply Chain Planning Software 115

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Stord

APRIL 11, 2022

First, the pandemic caused unforeseen changes in demand and labor challenges across the supply chain, leading to bottlenecks and disruptions that persist today. For example, while consumer goods production recovered from international closures last summer, those goods would not reach the U.S. until after the holidays.

Inventory Reduction 78

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Logistics Viewpoints

MAY 11, 2023

For example, they can test the effect of increasing or decreasing safety stock levels or changing the replenishment frequency of certain products. If the digital twin extends beyond the DC to the supply chain, you can have a better evaluation of the entire chain’s responsiveness to these types of events.

Optimization Software 141

Optimization Software Supply Chain Design Software Modeling Software Digital 141

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

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Logistics Business Magazine

OCTOBER 9, 2023

Everybody is talking about Artificial Intelligence but what are its potential applications for warehousing and supply chain? Efficient picking A lot of the noise around AI in the supply chain is around issues like inventory and ordering. A minor example is some work we recently did for Birlea.

Warehousing 64

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EazyStock

JANUARY 21, 2021

EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment. For example, you may only have the resource to do reordering on certain days of the month, or receive deliveries on certain days of the week. Microsoft Dynamics 365 Inventory Management Features.

Inventory 52

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EazyStock

MAY 24, 2019

They then fall back on trial and error or rule-based approaches to both cycle stock and safety stock inventory such as holding a certain number of weeks of historical average demand – for example, 4 weeks of cycle stock and 2 weeks of safety stock. Safety Stock Levels & the associated effects of variability in the supply chain.

Inventory 53

Inventory Manufacturing Procurement White Paper Replenishment 53

EazyStock

AUGUST 21, 2020

Carrying lower volumes of excess inventory in your supply chain can lead to lower carrying costs, such as reduced storage costs and inventory service costs. 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

MAY 24, 2019

They then fall back on trial and error or rule-based approaches to both cycle stock and safety stock inventory such as holding a certain number of weeks of historical average demand – for example, 4 weeks of cycle stock and 2 weeks of safety stock. Safety Stock Levels & the associated effects of variability in the supply chain.

Inventory 51

Inventory Manufacturing Procurement White Paper Replenishment 51

Logistics Viewpoints

APRIL 7, 2021

Ashok Vantipalli, Vice President of IT, recently spoke at ARC Advisory Group’s Supply Chain Forum. They have implemented a variety of supply chain applications to build out the business model, with the mantra of “crawl, walk, run.” ToolsGroup is a global supply chain planning software company. For TireHub.

Supply Chain Planning Software 86

Supply Chain Planning Software ToolsGroup Digital Supply Chain Software 86

EazyStock

JULY 13, 2020

In this four-part blog series we look at the impact COVID-19 has had on supply chains and how inventory optimization software can help. So far we’ve discussed how to overcome demand forecasting challenges due to Coronavirus. How to identify stock items that are critical to their business.

Supply Chain Planning Software 52

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EazyStock

MARCH 17, 2021

As globalization extends supply chains around the world, the likelihood of negative impacts stemming from supply chain disruption increases. Supply chain disruptions are an inevitability for any supply chain, though the severity of the impacts can vary. Types of Supply Chain Disruptions.

Supply Chain Planning Software 78

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Logistics Business Magazine

APRIL 23, 2021

The global pandemic has placed a spotlight on the fragility of modern supply chains and manufacturing processes. Tenuous links in the supply chain were quickly fractured with global shutdowns and the grounding of all travel. Suddenly, overnight the how and where of manufacturing and distribution changed.

Supply Chain Software 65

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