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 Management Software 197

Inventory Management Software Inventory Management Inventory Reduction Inventory 197

Enterra Insights

JUNE 22, 2022

The irony of excess inventory. ”[3] He continues, “The past two years have been blighted by supply shortages — with just-in-time retailers struggling to ship their goods, electronics manufacturers staring down a shortage of computer chips, and supermarkets struggling to fill their shelves. ” Optimizing inventory.

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

GlobalTranz

NOVEMBER 17, 2021

The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes.

Shipping 232

Shipping Cost Reduction Strategies Industrial Industry 232

Kinaxis

MARCH 19, 2019

by Richard Cushing In part one of my inventory management best practices series I argue that inventory cannot be managed until it is controlled, and present the notion our general willingness to apportion blame upon unreliable data from enterprise resource planning (ERP) systems is misplaced.

Inventory Management Software 245

Inventory Management Software Inventory Management Inventory Reduction Inventory 245

Logistics Viewpoints

OCTOBER 20, 2021

In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. Fourth, what are some industry-specific trends for parcel shipping? The State of Parcel Shipping.

Supply Chain Network Software 191

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Supply Chain Software 191

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. On the other hand, optimized inventory levels can enhance it. Next is the cost of storing the inventory.

Inventory Reduction 78

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 78

EMERGE App

DECEMBER 19, 2023

Inventory management is a tough task, especially when you’re starting out. There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market. Best Inventory Management Books of All Time: 1.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

RFgen

APRIL 30, 2024

The answer lies in modern inventory management best practices. Specifically, the use of perpetual inventory systems. What is a perpetual inventory system? Perpetual inventory management relies on technology to track inventory with timely data and a high degree of accuracy. Wonder no more.

Inventory Management Software 81

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 81

Unleashed

JANUARY 31, 2023

In-transit inventory is a frequently overlooked aspect of inventory management and accounting for product businesses. What is in-transit inventory? In-transit inventory is products that have been shipped by the seller but have yet to reach the customer. Who owns in-transit inventory?

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Supply Chain Planning Software 98

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 82

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 82

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 82

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 82

Supply Chain Matters

JUNE 14, 2024

Supply Chain Matters highlights for readers indications that ocean container shipping spot rates involving routings from China and Asian ports to the U.S. The key drivers are noted as ship and empty container shortages. are exploding. Ongoing Situation Readers who have been following the U.S. percentage points from that of April.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Shipping Price Reduction 52

Arkieva

OCTOBER 3, 2023

Navigating the Pitfalls of Expedited Shipping was first posted on October 3, 2023 at 7:58 am. In the dynamic supply chain management landscape, one of the most challenging aspects is dealing with the differences between our forecasts and reality.

Shipping 135

Shipping Forecasting Supply Chain Planning Supply and Demand 135

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 Management Software 75

Inventory Management Software Inventory Reduction Inventory Management Inventory 75

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.

Forecasting 105

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 92

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 92

Supply Chain Game Changer

MARCH 26, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Use ABC Analysis to Categorize Your Inventory. The use of ABC analysis to categorize inventory is not a new concept.

Inventory Management Software 124

Inventory Management Software Inventory Management Inventory Reduction Inventory 124

Ware2Go

FEBRUARY 2, 2022

Learn how fast shipping promises drive top of funnel purchase decisions and how merchants of all sizes can make fulfillment a competitive advantage. When Amazon Prime launched in 2005, 2-day shipping was a novelty and what Jeff Bezos himself said felt like “an indulgent luxury”. Fast Shipping in 2022. A Look Back.

Shipping 98

Shipping Purchasing Skills Negotiating Skills Warehousing 98

EazyStock

FEBRUARY 7, 2022

The shipping industry in particular has been hit due to the displacement of containers blocking ports and causing global shortages. Consequently, there’s also been an effect on shipping costs as container prices surged in 2021 due to limited availability and increased demand. Making the most of every shipping container.

Inventory Reduction 52

Inventory Reduction Shipping Inventory Modeling 52

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. What is inventory tracking? It helps to reduce inventory shrinkage and loss.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Unleashed

APRIL 29, 2024

Work in process (WIP) inventory is typically found in manufacturing environments where goods undergo various stages of processing before being sold or used. Tracking WIP inventory is important for monitoring production efficiency, identifying bottlenecks, and managing costs within the manufacturing process.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Inventory Expense Reduction 52

BlueYonder

APRIL 1, 2024

Retailers must enhance their inventory and fulfillment decisioning capabilities to thrive in this dynamic landscape. Efficiently allocating inventory across channels while minimizing costs is no small feat. Fulfilling online orders is the costliest channel due to factors like shipping, packaging and returns. Here’s how: a.

Inventory Reduction 54

Inventory Reduction Real-time Visibility Inventory Expense Reduction 54

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.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 98

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover is expressed as a financial ratio.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. In their story about the shipping shortage, the CBC quoted shipping analyst Alan Murphy, who detailed how this changing demand has massively disrupted the global shipping market.

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

Unleashed

SEPTEMBER 30, 2021

Vendor managed inventory (VMI) – when executed well – can be an efficient and cost-effective system for managing the supply of goods. Learn more: What is Inventory Management? Techniques for 2021 What is vendor managed inventory? How does vendor managed inventory work?

Vendor Strategies 98

Vendor Strategies Inventory Reduction Inventory Inventory Management Software 98

Clear Spider

MARCH 21, 2024

AI inventory solutions create more powerful and adaptive supply chains. One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management. AI makes use of the endless stream of data collected through inventory management devices and cloud-based applications.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

StockTrim

MARCH 30, 2022

This includes all modes of shipping via ocean, air, truck and rail (even couriers). It's making manual inventory planning extremely difficult. The transportation world is off its axis right now, largely due to the Covid Virus. Added to that is the recent turmoil in the Ukraine with Russia and Belarus being the agitators.

Belarus 131

Belarus Supply Chain Planning Inventory Scenario Planning 131

Unleashed

MARCH 26, 2023

If you’re running a product business and using Xero for your accounting, you’ll need to implement some form of inventory management. While the platform offers some inventory features of its own, many businesses will require something with greater functionality. Do you need integrated Xero inventory software?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

Supply Chain Game Changer

SEPTEMBER 1, 2021

Drop Shipping Teddy Bears! A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. It is easy to learn how to manage an e-commerce store without the extra work required to stock and ship goods. How You Can Manage Your E-Commerce Store With No Inventory. Drop shipping.

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Design Software Logistics Network Optimization Software 87

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. As a result, when ordering a component, it may have to be shipped from one end to the other. Inventory management in the supply chain. AI in inventory management. Tracking issues.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

RFgen

JUNE 2, 2023

A New Perspective on Inventory Management Inventory management can feel like a constant game of cat and mouse—chasing after ever-changing demand while trying to balance stock levels. As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Software 52