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 154

Inventory Reduction Inventory Purchasing Skills Optimal Sourcing 154

3PL Links

APRIL 16, 2024

Image source: Wikimedia | Top 9 Technology Trends for Your Warehouse in 2024 Distribution warehouses bear a great deal of responsibility these days because of the direct impact their operations have on the customer experience. remote upkeep of every piece of inventory equipment. preserving resources, including cash and time.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 48

EazyStock

JULY 22, 2021

Demand forecasting techniques play a critical role in inventory management. However, producing an accurate inventory demand forecast is no mean feat. But first – let’s get a definition: What is inventory demand forecasting? The Importance of Accurate Inventory Forecasting. Identify trends. Inventory Demand Trends.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

SYSPRO Smarter ERP

JANUARY 29, 2024

Significant trends are emerging that manufacturers should be watching. These trends will make a difference to manufacturers internally, helping them to become stronger and more flexible to deal with future changes and disruptions. The post 5 Key Trends in 2024 for Asian Manufacturers appeared first on SYSPRO Blog.

Manufacturing Procurement 52

Manufacturing Procurement Trends Supply Chain Planning Software Inventory Reduction 52

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. AI in inventory management.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Inventory Optimal Sourcing 105

SYSPRO Smarter ERP

MAY 4, 2022

Complete halts result in backlogs and delays, which will impact warehouses and more importantly, their inventory management. Inventory takes many forms, ranging from raw materials to finished goods. Inventory exists because a buffer is needed to balance out the uncertainties between demand and supply. Survey findings.

Inventory Reduction 105

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 105

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

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 115

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

3PL Links

MARCH 1, 2024

8 Trends in Refrigerated Food Storage for 2024 | Image source: Flickr 2024 is anticipated to be a pivotal year for the American refrigerated food storage sector. Current conditions are being shaped by multiple trends, ranging from the pursuit of stock normalization to the increasing need for sustainable and integrated solutions.

Refrigeration 48

Refrigeration Trends Sourcing Strategies Inventory Reduction 48

247 Customs Broker

NOVEMBER 11, 2020

Dive Brief: The total business inventory-to-sales ratio hit its lowest point since 2014 in August, according to the latest figures from the U.S. Census Bureau,… The post Inventory roller coaster expected to trend upward after August lows appeared first on 24/7 Customs Broker News.

Inventory 58

Inventory Trends After-sales Magazine 58

Cyzerg

JANUARY 23, 2024

Automation Automation is one of the answers to this trend. A fully automated warehouse system uses software and hardware tools to streamline operations, from receiving inventory to shipping orders. The need for faster and more accurate fulfillment led to an increased pace of innovation.

Automation 235

Automation Warehousing Analysis Tools 235

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

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 80

Inventory Reduction eCommerce Inventory Manufacturing Procurement 80

FW Logsitcs

OCTOBER 10, 2023

In today’s fast-paced business world, effective and efficient inventory management is critical to any successful third-party logistics warehouse operation. Efficient inventory management in a 3PL warehouse ensures a steady flow of goods, improves overall operational efficiency, and reduces costs.

Optimization Software 52

Optimization Software Inventory Reduction Supply Chain Planning Software Inventory 52

Ship Monk

JULY 21, 2022

Perpetual inventory. Well, a perpetual inventory system does constantly monitor the flow of products in and out of your warehouse, but there’s a bit more to managing the inventory than that. What is a Perpetual Inventory System? Perpetual Inventory vs. Periodic Inventory. That sounds promising, doesn’t it?

Inventory 52

Inventory Logistics Network Optimization Software eCommerce 3PL 52

MTS Logistics

DECEMBER 15, 2023

Within the project cargo sector, there is a growing trend in infrastructure development investments that are driving the demand for project cargo services. The trend poses unique challenges in transporting oversized components and has significant implications for overseas EPC projects. All these areas can cut both time and labor costs.

Trends 79

Trends Cargo Supply Chain Software Logistics Network Optimization Software 79

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. The Importance of Improving your Inventory Turnover. Prioritize your inventory. Reorder smarter.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

EazyStock

JUNE 23, 2022

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! Big data is used to understand trends and patterns in behavior. Processing big data.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

ShipLilly

MARCH 17, 2023

This was released while wholesale inventories are still as bloated as ever. We already know that February has typically been a bad month for US imports, but this year, the situation has been particularly dire because of the effects of the early Lunar New Year holiday, which collided with a giant US inventory overhang.

Inventory 52

Inventory After-sales Trends Data 52

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 77

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 77

Jayem Logistics

SEPTEMBER 8, 2017

There is total changing of order management in 2017 and this is encouraging new trends in inventory management and distribution. For instance, Magento releases Magento 2 with updates and extension to keep up to date with trends in supply chain management. Request a Quote or Call Us (+91 80 413 53500 ) to get warehouse space.

Inventory 56

Inventory Supply Chain Software Optimization Software Optimal Sourcing 56

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

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

SIPMM Professional Publications

APRIL 20, 2020

From a traditional mass production, it is moving towards mass customisation and this trend must be fostered by the printing business world for its survival. The post Six Inventory Control Techniques for the Printing Industry appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management.

Inventory 97

Inventory Industry Purchasing Trends 97

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Managing inventory is a complex business. Inventory management KPIs are important as they help analyze and track the performance of inventory management activities such as how stock is ordered, managed and turned. How to Choose Inventory Management KPIs.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

3PL Links

FEBRUARY 19, 2024

Image source: Flickr | Navigating Trends and Projections in Logistics for 2024 The logistics industry is always changing due to fluctuations in the market, technology advancements, and the never-ending quest for efficiency. Contact us to learn more about all that we offer.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

GlobalTranz

NOVEMBER 11, 2020

Inventory has been subject to changing customers’ buying patterns. And the ability to reorder in anticipation of future trends can feel downright impossible. The post 5 E-Commerce Inventory Management Strategies to Know | VIDEO appeared first on Transportation Management Company | Cerasis.

Inventory Reduction 71

Inventory Reduction Video Inventory Strategy 71

EazyStock

MARCH 9, 2021

ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. ABC inventory analysis is important as it helps managers focus their time on their most valuable/important products and adapt their inventory control policies accordingly.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

ShipLilly

AUGUST 31, 2022

Apparently, this move is designed to right-size inventory levels. Although surprising to some, the company states that it is part of a concerted and ongoing effort to align Walmart’s inventory levels with the projected demand. a rival retailer facing similar inventory challenges and adopting a similar corrective response.

Inventory Reduction 104

Inventory Reduction Inventory Ordering Cost Reduction 104

Ship Monk

SEPTEMBER 19, 2022

Back then you didn’t need to know about holding costs because Mom and Dad let you store your inventory for free. What is Inventory Holding Cost? Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. carrying costs, and needed to learn what those are.

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

Ship Monk

AUGUST 22, 2022

SKUs are vital to inventory management and the success of any business—as pivotal to operations as a binding agent is to a meatball (i.e. A SKU is a code (typically 8 – 12 alphanumeric digits long) assigned to the items in your inventory. Today, we’re talking about SKUs, also known as Stock Keeping Units. What is a SKU?

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

EazyStock

JUNE 24, 2020

Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. Inventory optimization software is an important piece of the puzzle. It is critical to helping inventory management teams understand and manage demand and supply variables.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

GlobalTranz

FEBRUARY 18, 2022

In our recent GlobalTranz 2022 Logistics and Supply Chain Trends and Outlook white paper, our experts review some of the factors that will shape logistics in the coming year and beyond. It covers macro trends in the LTL, Truckload and Managed Transportation Service sectors and the lingering effects of the COVID-19 pandemic.

Trends 91

Trends Cost Reduction Resource Reduction Inventory Reduction 91