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 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

Blue Grace Logistics

FEBRUARY 26, 2024

Transportation Strategy Profitability Search Search BlueGrace Logistics - February 26, 2024 Transportation strategy plays a pivotal role in ensuring efficiency, cost-effectiveness, and ultimately, profitability for businesses.

Inventory Reduction 62

Inventory Reduction Cost Reduction Waste Reduction Expense Reduction 62

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

SIPMM Professional Publications

OCTOBER 4, 2020

Warehousing and transportation have never been more complicated. Holding Excess Inventory In spite of […]. The post Common Mistakes for Warehousing and Transportation appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management.

Warehousing 174

Warehousing Transportation Purchasing Inventory 174

Supply Chain Brain

JULY 19, 2022

The pandemic and resulting congestion in the supply chain have retailers reconsidering their traditional approach to sourcing and inventory management, says Larry Parker, department chair of transportation and logistics management, supply chain management, reverse logistics and government contracting at the Dr. Wallace E.

Inventory Reduction 94

Inventory Reduction Sourcing Strategies Inventory Reverse logistics 94

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. Better Inventory Management Needs Complete Control.

Supply Chain Design Software 153

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

GlobalTranz

JUNE 22, 2020

Unfortunately, inventory control remains at the fringe of proactive logistics management. The post Final Mile Integration: Data Enables Inventory Management & Replenishment appeared first on Transportation Management Company | Cerasis. However, the integration of last mile logistics, also known as.read More.

Inventory Reduction 98

Inventory Reduction Replenishment Cost Reduction Inventory 98

Supply Chain Brain

JUNE 20, 2022

business inventories dropped to near historic lows in 2021 while the costs associated with storing, transporting and financing goods rose considerably. But the logistics sector has begun to enable positive changes, according to a new report.

Inventory 105

Inventory Logistics Transportation 105

Blue Grace Logistics

JUNE 27, 2023

based non-asset-based 3PL BlueGrace Logistics, pointed to variation across some key metrics, including revenue, inventory levels, and order levels, with a forward-looking slant. Markets could be driven by increased consumer demand or increased sales/promotions to clear stagnant inventory, or both.

Inventory 62

Inventory Ordering Logistics Network Optimization Software Industry 62

GlobalTranz

JULY 19, 2019

Using technology in the warehouse is one of the most effective ways to improve inventory management and reduce returns. Since returns represent a significant cost to companies, it is imperative for retailers to take steps to improve inventory management and manage returns.

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Software Cost Reduction 87

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 48

Inventory Purchasing Skills Procurement Analytics Procurement Solutions 48

Food Logistics

OCTOBER 3, 2023

In September, the Logistics Manager’s Index (LMI) reads in at 52.4, from August’s reading of 51.2. This is the second consecutive month of expansion following three straight readings of contraction from May-July.

Inventory 78

Inventory Study Logistics Trucking 78

MTS Logistics

OCTOBER 5, 2023

Logistics management software plays a big role in cargo transportation by streamlining and automating logistics processes such as order management, shipment tracking and inventory control. Logistics software provides real-time monitoring and increasing visibility across the supply chain […]

Supply Chain Design Software 269

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 269

Logistics at MPEPS at UPV

APRIL 12, 2021

The organization was having limited inventory flow which sometimes lead them to losses on deliveries. But almost 10 days of the month The company was not able to fulfil inventory transportation of LTL consignments because of more cost of transportation than service charges for the consignment.

Inventory 52

Inventory 3PL Handling Procurement 52

GlobalTranz

MARCH 13, 2020

Supply chain leaders often interchangeably refer to both a warehouse management system and an inventory management system as one and the same. The post What Is an Inventory Management System & Its Role in Omnichannel Fulfillment? appeared first on Transportation Management Company | Cerasis.

Inventory 87

Inventory Supply Chain Software Document Analysis 87

MercuryGate

MARCH 24, 2022

Using new technology and proactive, smart transportation is critical. So, too, is knowing how to allocate freight costs to inventory. The post How to Allocate Freight Costs to Inventory appeared first on MercuryGate International. Managing costs and expenses is a never-ending responsibility in the supply chain.

Inventory 52

Inventory How To Freight Supply Chain Software 52

GlobalTranz

NOVEMBER 11, 2020

Inventory has been subject to changing customers’ buying patterns. The post 5 E-Commerce Inventory Management Strategies to Know | VIDEO appeared first on Transportation Management Company | Cerasis. [link] While the supply chain speeds toward a record-breaking peak season, e-commerce is already at its breaking point.

Inventory Reduction 71

Inventory Reduction Video Inventory Strategy 71

GlobalTranz

NOVEMBER 8, 2019

Today’s warehouse managers need better inventory management strategies. This is nothing new, but as the world has evolved, the ability to improve inventory management has evolved in stride. The post The Go-To List of Ways to Improve Inventory Management appeared first on Transportation Management Company | Cerasis.

Inventory Reduction 89

Inventory Reduction Inventory Supply Chain Software Supply Chains 89

GlobalTranz

FEBRUARY 28, 2020

Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. The post 11 Inventory Management Best Practices & the Role of Technology appeared first on Transportation Management Company | Cerasis.

Supply Chain Software 79

Supply Chain Software Inventory Supply Chains Transportation 79

Logistics Viewpoints

APRIL 5, 2018

Even though 90% of inventory is stationary in the supply chain, inventory accuracy at distribution centers, warehouses, and plants ranges from 89% to 99%*. That’s because most of the inventory management process is still a manual activity. The post Drone-Powered Digital Inventory appeared first on Logistics Viewpoints.

Inventory 67

Inventory Digital Supply Chains Distribution 67

GlobalTranz

FEBRUARY 11, 2020

Listen to “Inventory Forecasting Lessons for Improved Supply Chain Network Optimization” on Spreaker. The post [PODCAST] Inventory Forecasting Lessons for Improved Supply Chain Network Optimization appeared first on Transportation Management Company | Cerasis.

White Paper 78

White Paper Inventory Supply Chains Optimization 78

Logistics Viewpoints

AUGUST 19, 2021

The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Shippers should consider the following as indicators for when to add an outsourced managed logistics transportation services provider. This can be a confounding issue.

Logistics Network Optimization Software 151

Logistics Network Optimization Software Inventory Reduction Expense Reduction Cost Reduction 151

GlobalTranz

JANUARY 8, 2015

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits.

Inventory Reduction 109

Inventory Reduction Inventory Waste Reduction Cost Reduction 109

Logistics Business Magazine

NOVEMBER 23, 2022

Unleashed’s Manufacturers Health Check report used data from its inventory management software to track how SMEs in the UK have fared in 2022. Tough inventory situation. Tough inventory situation. The post Inventory crisis: stock held by UK firms doubles appeared first on Logistics Business® Magazine.

Inventory Reduction 65

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 65

Logistics Viewpoints

JUNE 17, 2021

Today’s article is from GlobalTranz and explores white glove services in transportation management. That’s the overview of white glove services evolution and it’s another piece of the transportation terminology puzzle. It’s important to know how white glove services and transportation management go together.

Logistics Network Optimization Software 116

Logistics Network Optimization Software Transportation Supply Chain Software Replenishment 116

The Logistics of Logistics

MARCH 6, 2024

Since launching in 2022, the company has partnered with dozens of 3PLs, empowering them to process tens of millions worth of returned inventory for leading brands across the US and Canada. Improves return efficiency: Their technology helps businesses process returns faster and get more inventory back into stock.

eCommerce 334

eCommerce Inventory Reduction Logistics Network Optimization Software Supply Chain Software 334

20Cube Logistics

JANUARY 31, 2021

It is one of the techniques through which warehouses in India and across the globe can speed-up their distributing process by transporting inventory from a manufacturing plant directly to customers, and in this whole operation, the warehouse not only reduces the material handling, but also reduces the need to store the products in the warehouse.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Cost Reduction 52

GlobalTranz

SEPTEMBER 13, 2019

However, inventory optimization can solve these challenges. What’s Wrong With Current Inventory Optimization Processes? The post Why Omnichannel Supply Chain Success Depends on Inventory Optimization appeared first on Transportation Management Company | Cerasis.

Inventory 65

Inventory Optimization Supply Chains Ordering 65

GlobalTranz

JULY 26, 2019

Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net, the costliest problem is due in large part to poor inventory visibility and planning.

Inventory 72

Inventory Supply Chains Scenario Planning Transportation 72

GlobalTranz

SEPTEMBER 28, 2020

The post Inventory System Concern: Should Companies Always Maintain Peak Season Stock? appeared first on Transportation Management Company | Cerasis.

Maintainability 62

Maintainability Inventory Supply Chains Transportation 62

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 98

Supply Chain Design Supply Chains Reliability Networks 98

Now, That's Logistics

MARCH 23, 2021

With a worldwide vaccine distribution effort underway, the global pandemic still impacting most regions of the world, and supply chain disruptions persisting, the transportation environment remained unpredictable as we moved into 2021.

Cost Reduction 148

Cost Reduction Capacity Transportation Freight 148

Stord

MARCH 24, 2020

The demand spike for some goods leaves certain manufacturers and retailers scrambling to keep up, while others aren’t able to ship out inventory at all as e-tailer resources are rerouted toward emergency supplies. So how do you prevent inventory stockouts when your demand forecasting didn’t allow for an event like COVID-19?

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Software Events Supply Chain Design 78

Logistics Viewpoints

NOVEMBER 29, 2023

There are five major technologies included in the study: warehouse management systems (WMS), transportation management systems (TMS), distributed order management (DOM), inventory optimization/store replenishment, and demand planning. Essentially it is the backbone of moving goods from point A to point B.

Optimal Sourcing 149

Optimal Sourcing Optimization Software Logistics Network Optimization Software Sourcing Strategies 149