Amware Logistics and Fulfillment

AUGUST 2, 2022

Inventory management has changed substantially in the last few years. Most fulfillment professionals spent years learning about lean inventory strategies, only to find those methods ineffective when the supply chain turned volatile during the COVID-19 pandemic.

Inventory Reduction 272

Inventory Reduction Inventory Supply Chains eCommerce 272

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 85

Inventory Reduction Inventory eCommerce Supply Chain Planning Software 85

Logistics Viewpoints

FEBRUARY 2, 2022

Inflation’s effects on inventory management policies are likely far from top of the mind of Logistics Viewpoints readers in today’s challenging times. However, today’s elevated rate of inflation warrants a closer look at optimal inventory policies. Inventory Costs and Risks.

Inventory Reduction 163

Inventory Reduction Inventory Supply Chain Software Supply Chains 163

The Logistics of Logistics

AUGUST 22, 2023

Anya is Co-founder and Chief Commercial Officer of PorterLogic, a low-code supply chain operations platform that replaces all the spreadsheets typically used to manage warehouses and inventory. About Anya Skomorokhova Anya Skomorokhova

Supply Chains 755

Supply Chains Inventory Operations 755

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?

Supply Chain Planning Software 181

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 181

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 92

Optimal Sourcing Inventory Reduction Inventory ERP 92

Blue Grace Logistics

JULY 17, 2023

Wholesale Weakness Slowing US Inventory Destocking Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - July 17, 2023 The effort to cut inventories is being slowed as consumers reduce goods purchases, forcing companies to continually rebalance inventory.

Inventory Reduction 88

Inventory Reduction Inventory Freight Manufacturing Procurement 88

Cyzerg

JANUARY 10, 2020

Warehouse inventory optimization is a concern for every warehouse. In this article, we will discuss the importance and benefits of warehouse inventory management and some techniques to help increase productivity.

Inventory 228

Inventory Production Optimization Ordering 228

Logistics Viewpoints

DECEMBER 14, 2022

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. As a result, inventory managers have to explore new ways to cope with full warehouses. Unconventional solutions to excess inventory challenges. The answer goes beyond standard inventory management.

Inventory Reduction 120

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 120

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 98

Inventory Reduction Inventory Optimization Software 3PL 98

Supply Chain Brain

AUGUST 27, 2023

Do not lose sight of the fact that inventory optimization is almost certainly a major untapped opportunity for your organization.

Inventory 98

Inventory Optimization 98

Ship Monk

MAY 25, 2023

What do we mean by distributed inventory? Well, if you’re familiar with Amazon’s practice of adding warehouses all over the country, then you’re familiar with the concept of distributed inventory. Splitting inventory across multiple warehouses used to be something that only huge retailers like Amazon could afford.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Supply Chain Planning Software 52

Amware Logistics and Fulfillment

NOVEMBER 4, 2021

Inventory accuracy – the degree to which the goods you actually have in stock match the quantities in your order management system – is hugely important to your business. Because inaccurate counts can lead to back orders and stockouts. Those, in turn, cause shipping delays, which make for unhappy customers, bad reviews and lost sales.

Inventory 214

Inventory How To Ordering Operations 214

Logistics Viewpoints

JULY 6, 2022

I did a little digging to find out the specifics about excess inventory, the stated causes, and the potential implications. Retailers’ Inventories – Just Keep your Returns? Unfortunately, I am unsure about the order of magnitude or the duration of these inventory mismatches. Here’s my take on the topic.

Inventory Reduction 161

Inventory Reduction Inventory Supply Chains Optimal Sourcing 161

Ship Monk

NOVEMBER 8, 2022

“Inventory” is a tricky word because it means different things to different people. If you are an inventory manager, inventory is the number of units you have on hand at any given time. If you are an accountant, inventory is an asset on a balance sheet tracked by its monetary value. Inventory Types for Manufacturers.

Inventory Reduction 98

Inventory Reduction Inventory eCommerce Manufacturing Procurement 98

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 87

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 87

Supply Chain Brain

AUGUST 3, 2023

Retailers need to unify inventory data in real time, and ensure that products are available for fulfillment across all sales channels.

Inventory 98

Inventory Availability Data Production 98

Supply Chain Brain

JULY 26, 2023

To be able to respond quickly to future supply chain disruptions, companies need to embrace strategic sourcing and inventory management.

Inventory 98

Inventory Sourcing Supply Chains 98

Ship Monk

MAY 19, 2023

How much is your inventory worth? The most common inventory valuation methods are FIFO, LIFO, Weighted Average, and Specific Identification. Inventory Valuation vs. Inventory Management First, let’s make sure we’re all on the same page: inventory valuation is not the same as inventory management.

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills 3PL 52

Supply Chain and Logistics

OCTOBER 18, 2022

A study by Morgan Stanley consultants indicates that there is way too much inventory in retail outlets. That means that inventory needs to be liquidated by these firms, and also that they … Continue reading → They believe it’s an overshoot of almost 20%.

Inventory 100

Inventory Study Supply Chains Warehousing 100

EazyStock

AUGUST 28, 2023

When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels. When combined with manual inventory management processes, you increase the risk of human errors, which can culminate in stockouts and overstocking. Don’t worry!

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

Supply Chain Brain

SEPTEMBER 2, 2022

There’s a pressing need to make inventory management more flexible, resilient and stable. Many companies are turning to artificial intelligence as a solution.

Inventory 144

Inventory 144

Logistics Bureau

OCTOBER 10, 2022

Too much inventory in your distribution network? Inventory costs too high? These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. But what exactly does inventory optimisation mean, and what obstacles must first be broken down to achieve it?

Inventory Reduction 110

Inventory Reduction Inventory Optimization Software Optimization Modeling 110

Logistics Viewpoints

AUGUST 9, 2022

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Inventory 136

Supply Chain Brain

JUNE 7, 2023

Bill Benton, co-founder of Gains, details why planning processes don't meet and solve inventory challenges.

Inventory 96

Inventory Meeting 96

Logistics Management

OCTOBER 12, 2021

Here are five inventory management strategies organizations can use now to both manage current volatility and optimize for the future. The global pandemic turned supply chains on end.

Inventory Reduction 161

Inventory Reduction Inventory Supply Chains Tips 161

SYSPRO Smarter ERP

JUNE 6, 2022

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. Since 2000, businesses have implemented programs such as just-in-time (JIT) inventory and lean operations to improve profitability.

Inventory Reduction 92

Inventory Reduction ERP Inventory Supply Chain Planning Software 92

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 80

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 80

Ship Monk

SEPTEMBER 14, 2022

There are a lot of accounting terms thrown around when describing eCommerce inventory: merchandise inventory , WIP inventory , ending inventory , and beginning inventory to name just a few. What is Beginning Inventory? By inventory , we mean finished goods that are on hand and ready to sell.

Inventory Reduction 98

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 98

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