SCMDOJO

MARCH 8, 2024

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Top 5 Inventory Optimization Strategies Explained Managing inventory efficiently is vital for any business. 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

MAY 30, 2024

The reported strategy is to construct 14 assembly lines that can produce batteries for either hybrid, plug-in hybrid, or fully electric powered vehicles. According to a published report by Reuters , the move doubles down on the global auto maker’s strategy of both selling and catering to buyer needs for more than just plug-in EV s.

Price Reduction 52

Price Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 52

Logility

MAY 5, 2023

Inventory strategies begin with an efficient network design to effectively balance your ability to accurately predict customer demand and work with suppliers to adjust orders in real time. Routine firefighting of inventory issues is a symptom of inventory strategies treated as a once-a-year exercise.

Inventory Reduction 130

Inventory Reduction Vendor Strategies Resource Reduction Price Reduction 130

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that that are each proven to reduce a company’s costs.? It also avoids the need to dip into safety stock.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

ToolsGroup

JUNE 13, 2024

Promotions are a critical part of the retail strategy, yet many fail to deliver the expected results. Today, let’s consider a strategy that integrates insights from a recent Masterclass webinar on how data science is revolutionizing discounting performance to ensure your retail promotions succeed.

Price Reduction 156

Price Reduction Expense Reduction Resource Reduction Prescriptive Analytics Software 156

ToolsGroup

MAY 23, 2024

The second blog examined how misaligned pricing and discounting strategies can lead to promotional failures. In this post, we will explore how retailers often struggle to differentiate between markdown problems and promo problems, leading to suboptimal strategies and margin erosion.

Price Reduction 156

Price Reduction Inventory Reduction Cost Reduction Strategies Retail 156

Logility

MAY 17, 2023

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. Furthermore, every choice can improve earnings before interest, taxes, depreciation, and amortization (EBITDA) and reduce risks in future shipments for each vendor.

Vendor Strategies 170

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 170

ToolsGroup

JUNE 6, 2024

In the bustling world of retail, promotions are often the heartbeat of market strategy, vital for drawing in customers, boosting sales and elevating brand presence. In such cases, promotions can be a powerful tool for incentivizing purchases and reducing inventory levels.

Price Reduction 177

Price Reduction Inventory Reduction Retail Procurement Solutions 177

EazyStock

AUGUST 21, 2020

So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction? There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Resource Reduction 52

ToolsGroup

FEBRUARY 10, 2022

Demand shaping is a supply chain strategy that utilizes tactics such as price and promotion incentives, product substitutions and cost modifications to entice customers to purchase specific items. Lower prices to increase demand. The answer is, both yes and no. What Is Demand Shaping? This ‘oldie but goodie’ still works.

Inventory Reduction 156

Inventory Reduction Modeling Price Reduction Waste Reduction 156

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Smart logistics strategies can reduce wastage and improve operational costs. Subscribe Here! Email Address.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Clear Spider

JULY 11, 2023

Ultimately, getting a head start is an important consumer strategy that businesses should be aware of. To help, we’ve gathered a list of key trends to be aware of and the most effective inventory management strategies that will optimize your supply chain for back-to-school success. What’s Trending?

Inventory Reduction 97

Inventory Reduction Vendor Strategies Expense Reduction Price Reduction 97

ToolsGroup

DECEMBER 11, 2023

BOSTON and LONDON – December 12, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce to has been named a technology leader in the in the SPARK Matrix™ analysis of Intelligent Retail Pricing and Promotion Optimization (IRP&PO) by Quadrant Knowledge Solutions (QKS).

ToolsGroup 156

ToolsGroup Price Reduction Optimization Software Modeling 156

GlobalTranz

DECEMBER 11, 2018

Customers expect to get whatever they want, whenever they want, at the prices they want and the ability to change their minds up to the delivery time. This will require an LTL and e-commerce focused shipping strategy. Reduced paperwork errors. Increased accuracy in freight quoting, reducing accessorial or after-the-fact fees.

Price Reduction 137

Price Reduction Waste Reduction Cost Reduction Strategies Supply Chain Strategy 137

ShipBob

JANUARY 15, 2024

Financially, it can lead to significant losses as businesses are forced to sell stock at discounted prices, or worse, write off unsold inventory as a loss. In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. The result?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Matters

JANUARY 30, 2024

Supply Chain Matters highlights added reports of headcount reductions occurring across various supply chain industry services sectors. According to today’s reporting by The Wall Street Journal (Paid Subscription), the cuts will be primarily targeted at management staff along with contract workers.

Price Reduction 59

Price Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Planning Software 59

Logistics Viewpoints

JUNE 6, 2022

Running more efficient routes, with more fully loaded trucks, saves money and reduces emissions. The desire to improve service, reduce cost, and reduce emissions, is part of the reason their customer Unilever selected their solution. Transportation Modeling Can be Used to Reduce Emissions.

Cost Reduction Strategies 224

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 224

SCMDOJO

APRIL 22, 2024

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. Consumers dealt with skyrocketing prices and unprecedented shortages. The price of container freight rates surged while the entire world was having to deal with delays.

Inventory Reduction 81

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 81

GlobalTranz

SEPTEMBER 13, 2018

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. Channel-specific processes. Delays in order fulfillment and delivery. Troublesome returns management. Increased risk. GET YOUR COPY HERE.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. Bloomberg noted that the company’s share price has fallen upwards of 75 percent this year. .

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

ToolsGroup

JANUARY 15, 2024

said Sahil Gupta, Chief Product Officer at ToolsGroup “With cutting-edge AI driven forecasting and inventory optimization accessing real-time views of inventory, demand and operations, retailers can ensure the right products are in the right place at the right time at the right price to maximize profit no matter what happens.”

Inventory Reduction 177

Inventory Reduction ToolsGroup Waste Reduction Price Reduction 177

Logility

JULY 13, 2023

3PL Selection—don’t let your people be penny wise and pound foolish Are you looking at the big picture when you select a 3PL — do they fit with your supply chain strategy? Supply chain organizations often find themselves comparing price differences of 1–2% in service offerings, and they are missing the opportunity to save 5–15% in real costs.

Price Reduction 130

Price Reduction Cost Reduction Strategies Supply Chain Strategy 3PL 130

The Logistics of Logistics

NOVEMBER 11, 2022

Dawn Salvucci-Favier and Joe Lynch answer the question what is dynamic pricing. Dawn is the CEO and Chief Product Officer at Greenscreens.ai , a dynamic pricing infrastructure for the truckload spot rate market that delivers buy and sell-side market intelligence and business insights to help companies grow and protect their margins.

Price Reduction 173

Price Reduction Logistics Network Optimization Software Predictive Analytics Software Sourcing Strategies 173

Supply Chain Matters

APRIL 15, 2024

In what is being described as a shakeup, global EV auto maker Tesla has announced a ten percent global operational workforce reduction along with the departure of two other senior executives. He pointed to job cuts as necessary to reduce costs and increased productivity. All rights reserved.

Price Reduction 59

Price Reduction Cost Reduction Strategies Global Supply Chain Strategy 59

Supply Chain Matters

JUNE 2, 2023

In this special edition of Supply Chain Matters This Week in Supply Chain Tech , we highlight for readers a workforce reduction underway at procurement technology provider Coupa Software. Business procurement spend management support technology software provider Coupa Software initiated this week a corporate wide headcount reduction.

Price Reduction 52

Price Reduction Cost Reduction Strategies Supply Chain Design Software Network Design Software 52

Supply Chain Game Changer

SEPTEMBER 29, 2022

You can often get influencers to greatly reduce their first price. It is not uncommon to cut an influencer’s first price by 30% or more. Come Up with a Tracking Strategy. The post Influencer Marketing: Strategy Guide for Brands! When coming up with an offer, don’t be afraid to negotiate.

Price Reduction 96

Price Reduction Cost Reduction Strategies Supply Chain Strategy Strategy 96

Supply Chain Matters

NOVEMBER 3, 2023

The reported strategy is to construct 14 assembly lines that can produce batteries for either hybrid, plug-in hybrid, or fully electric powered vehicles. At the same time, inventories of unsold vehicles remain on dealer lots despite price reductions. All rights reserved.

Material Savings 52

Material Savings Price Reduction Inventory Reduction Cost Reduction Strategies 52

Logistics Viewpoints

APRIL 6, 2023

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The common goal for all categories of product is that they must be available at the right time, right quantity and right prices.

Optimal Sourcing 202

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 202

Supply Chain Game Changer

APRIL 6, 2022

In this article, you will learn 7 tips to help improve your Forex trading strategy results as a beginner trader. After learning the basic concepts, you can focus on a specific strategy or a style of trading that resonates with you and then gain mastery of it; this puts you ahead and gives you an edge over most traders.

Resource Reduction 84

Resource Reduction Price Reduction Supply Chain Strategy Strategy 84

The Logistics of Logistics

FEBRUARY 16, 2022

What is Dynamic Pricing with Dawn Salvucci Favier. Dawn Salvucci-Favier and Joe Lynch answer the question what is dynamic pricing. She has spent the past 20 years leading Global Product Strategy & Management at major Transportation Management System (TMS) providers. Key Takeaways: What is Dynamic Pricing.

Price Reduction 168

Price Reduction Logistics Network Optimization Software Predictive Analytics Software Sourcing Strategies 168

Enterra Insights

JUNE 10, 2020

” Cecere’s remarks beg the question: What should your company’s supply chain strategy be going forward? With tightening budgets and a need to stay connected using technology, it is more important than ever for transportation and logistics companies to have an effective mobility strategy in place.”[2] ”[3].

Sourcing Strategies 130

Sourcing Strategies Price Reduction Resource Reduction Cost Reduction Strategies 130