Logistics Viewpoints

JUNE 1, 2021

During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand. Promotion-sensitive demand forecasts at the granular level are then used to adjust inventory targets and drive additional replenishment and procurement decisions.

Supply Chain Planning Software 128

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Inventory 128

GlobalTranz

JUNE 2, 2015

Editor’s Note: This is a guest blog post from end-to- end global supply chain services company, Flash Global. Improved Demand Planning – still another benefit is that you can really predict and meet demand. Instead, you can set up a replenishment plan that works for you and that is going to do all that you need it to.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Optimization Software Supply Chains 103

Blue Grace Logistics

JULY 11, 2024

In this blog, we’ll explore practical strategies tailored specifically for food and bev shippers, focusing on forecasting methods and inventory management practices that can effectively address retail demand shifts. Proactive strategies involve strategically positioning and replenishing inventory.

Inventory Reduction 90

Inventory Reduction Cost Reduction Optimization Modeling Supply Chain Planning Software 90

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Inventory control is a key function of supply chain management that maintains appropriate quantities of stock to meet customer demand. Read our blog on demand forecasting accuracy for more details.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

SYSPRO Smarter ERP

NOVEMBER 21, 2022

One of the biggest uncertainties of inventory management is how much stock to hold to meet changing demand. The post The role of inventory management and inventory optimization in ERP appeared first on SYSPRO Blog. Keeping the right level of inventory requires a technique called inventory optimization.

Optimal Sourcing 111

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Logistics Viewpoints

JUNE 29, 2023

PO Collaboration focuses on maintaining accurate demand forecasts, timely communication with suppliers, and efficient replenishment processes to ensure optimal stock levels and minimize stockouts. He has published numerous thought leadership articles, whitepapers, blogs and delivered dozens of webinars during his career.

Manufacturing Procurement 128

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EazyStock

NOVEMBER 17, 2020

This can include statistical demand forecasting , advanced inventory planning and automated replenishment activities. Can you recognize the warning signs that your business needs automated inventory planning and replenishment ? Automated replenishment is critical to ERP inventory management.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

Logistics Viewpoints

APRIL 4, 2024

In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste. Similarly, when the weather is warmer than normal, and we stock out of chocolate ice cream, that impacts both future forecasts and the replenishment plan for the following week.

Scenario Planning 160

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SYSPRO Smarter ERP

AUGUST 28, 2023

Benefit 5: Improved control of internal operations Modern ERP systems help manufacturers and distributors remain competitive while improving internal efficiencies by offering features like Kanban automated replenishment. The post Why it may be time to upgrade your ERP system appeared first on SYSPRO Blog.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 98

LandLink

NOVEMBER 14, 2018

Transportation could be planned for full pallets and truckloads, distribution centers could process work at a predictable pace to meet brick and mortar replenishment needs, and DC facility automation was less intensive and less prone to bottlenecks. In the past a slightly disjointed supply chain got the job done.

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Supply Chain Planning Software Supply Chain Software Optimal Sourcing Digital 48

SYSPRO Smarter ERP

MAY 23, 2022

Manufacturers are heavily reliant on an effective workflow process to meet the requirements for ever changing customer needs, sustaining productivity levels and to thrive through continuous supply chain disruptions. ERP helps ensure that stocks replenished as and when orders arrive so that manufacturing can continue uninterrupted.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing ERP Optimization Software 105

EazyStock

JUNE 24, 2020

In this four part blog series we discuss how inventory management teams can use inventory optimization to help deal with the impact of the Coronavirus in the medium and long term, focusing on demand forecasting, supplier management and inventory planning. You can then either manually adjust replenishment parameters e.g

Procurement Solutions 98

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SYSPRO Smarter ERP

MAY 10, 2022

Backward scheduling is a feature that allows due dates for the completion of orders to generate manufacturing orders to meet those dates. The post Assemble-to-Order manufacturing Part 2: ERP solutions to improve operations appeared first on SYSPRO Blog.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. Another thing we talk about quite often on our blog is how companies often misjudge the needs and preferences of their customers. Step 1: What do Your Customers Want?

Inventory Reduction 116

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 116

SYSPRO Smarter ERP

DECEMBER 19, 2022

Inventory optimization is the process of maintaining the right amount of inventory required to meet demand, in the right locations, at the same time reducing inventory-related costs, and avoiding common inventory issues such as stockouts, overstocking, and backorders. Inventory optimization.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

EazyStock

FEBRUARY 26, 2020

In this three-part blog series we’re looking at three of the most common inventory management issues faced by stock holding companies. Faced with the risk of stockouts, a damaged reputation and reduced profits, some businesses will resort to stocking high quantities of every SKU to meet demand. Review your Stock Replenishment Rules.

Availability 52

Availability How To Inventory Reduction Supply Chain Planning Software 52

SYSPRO Smarter ERP

DECEMBER 19, 2022

Inventory optimization is the process of maintaining the right amount of inventory required to meet demand, in the right locations, at the same time reducing inventory-related costs, and avoiding common inventory issues such as stockouts, overstocking, and backorders. Inventory optimization.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

EazyStock

JULY 19, 2019

In plain English, inventory optimization is the practice of having the right inventory to meet your target service levels while tying up a minimum amount of capital in inventory. But those who account for uncertainties within their supply chain will be one step ahead of their competition and better prepared to meet customer demand.

Optimal Sourcing 55

Optimal Sourcing Optimization Software Inventory Optimization 55

Logistics Viewpoints

DECEMBER 15, 2022

This blog will review how category managers and supply planners can use cluster analysis to make smarter decisions and grow sales. The retail industry is rich with data. There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use.

Optimal Sourcing 132

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 132

SYSPRO Smarter ERP

JUNE 19, 2023

Smaller warehouses with fewer inventory items and less complex operations will find that their ERP system adequately meets their needs. The post How warehouse management can enhance the value of your ERP appeared first on SYSPRO Blog.

ERP 98

ERP Inventory Reduction Resource Reduction Cost Reduction 98

FreightWaves SONAR

FEBRUARY 23, 2021

As experienced personnel retires, not enough hands come in to replace them to meet current levels of demand. In turn, they can plan replenishment orders better, avoid unexpected delays in replenishment and avoid stock-outs, while still maintaining control over OTR transportation. . Challenge 2: New environmental regulations.

Maritime 84

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Talking Logistics

JUNE 25, 2018

Over the past couple of years, we have published many blog posts and produced several video episodes on supply chain digital transformation (see our archives ). also uses the same pool of inventory to replenish stores and fulfill online orders, a departure from Target’s existing supply chain.”.

Supply Chain Transformation 71

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SYSPRO Smarter ERP

DECEMBER 13, 2021

The Supply-Chain Operations Reference model (SCOR), a process reference model for supply chain management , provides six high-level processes that a company must execute in order to meet the primary objective of fulfilling customer orders. The post Re-imagining inventory management for a new normal appeared first on SYSPRO Blog.

Inventory Reduction 122

Inventory Reduction Inventory Sourcing Strategies Supply Chain Planning Software 122

Infosys Supply Chain Management

JANUARY 13, 2013

View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Islamic Banking. Mobile Banking. Payments Treasury. Wealth Management. Supply Chain Management. Features & Opinions. |. Offerings. |. White Papers. |. Case Studies. |.

Supply Chain Planning Software 26

Supply Chain Planning Software Blog Supply Chain Software Supply Chains 26

EazyStock

MARCH 26, 2018

However, in this blog post we will explain in a little more detail why EazyStock is different from your ERP inventory management capabilities and what value it brings to your business. You want to have the right products in stock to be able to meet your customers’ expectations on delivery times. ” [1]. Reports at a glance.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

Dedola Global Logistics

SEPTEMBER 1, 2024

This blog explores how importers can leverage expedited ocean freight to navigate today’s market complexities, and why it might be a smarter choice compared to both traditional ocean and air freight services. DGL is here to support you with tailored solutions to meet your shipping needs.

Expense Reduction 74

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SYSPRO Smarter ERP

APRIL 26, 2023

Integration of procurement, production and inventory means that purchase orders can be more accurately linked to what is needed to replenish current stock so that production is not impacted. The post 10 reasons why you should use an ERP system in manufacturing appeared first on SYSPRO Blog.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Therefore, it is important to measure how well these suppliers meet the expected high level of quality. Return Material Authorizations (RMAs): RMAs measure how many products or deliveries are returned and whether a product meets customer requirements. It is best captured in an ERP system and analyzed digitally.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

EazyStock

AUGUST 23, 2019

Meet Minimum Order Requirement with Order Fill-up appeared first on EazyStock. Fewer orders, increased inventory accuracy, less excess stock, more capital, less time wasted – how could you afford to ignore EazyStock’s order fill-up functionality? The post Are You Shipping Air?

Ordering 45

Ordering Meeting Procurement Solutions Supply Chain Software 45

WorkWave

JUNE 27, 2024

This blog will delve into the current state of driver availability, its causes, consequences, strategies for mitigating the challenge, and future outlooks and long-term solutions. Despite offering higher wages and bonuses, they struggled to meet delivery deadlines, resulting in customer complaints and loss of sales.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

EazyStock

JANUARY 4, 2021

Optimized Inventory Replenishment. With Acumatica you can manually set your replenishment parameters using the minimum/maximum quantity method (“min/max”). In comparison, with EazyStock replenishment is automatically calculated for every SKU in your portfolio. Finally, EazyStock calculates your optimal replenishment parameters.

Inventory Reduction 52

Inventory Reduction ERP Inventory Optimization Software 52

EazyStock

JULY 17, 2020

In our four-part blog series on Coronavirus and its impact on inventory management , so far we’ve looked at how to overcome COVID-19 demand forecasting challenges and improving inventory planning during the pandemic. Adjusting Replenishment Calculations for Variable Lead Times. Secondly, it can assist with demand forecasting.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 52

Blue Grace Logistics

JANUARY 10, 2023

The Logistics Blog®. More than 70% of shipper survey respondents are currently both replenishing inventory and trying to meet demand. LTL providers are diligently working to add additional capacity to meet demand and will need to continue increasing over the next few years if this trend continues. Whitepaper. Case Study.

Material Savings 62

Material Savings Price Reduction Purchasing Skills Cost Reduction 62

EazyStock

OCTOBER 24, 2018

Optimized replenishment. One of the key areas is in replenishment. With Acumatica, you can set your replenishment parameters using the minimum/maximum quantity method (“min/max”) with the minimum quantity being the reorder point for an item and the maximum quantity being the maximum stock quantity allowed per item in the warehouse.

ERP 53

ERP Inventory Reduction Inventory Supply Chain Software 53

EazyStock

FEBRUARY 1, 2021

Simply reacting to market change is not enough, because you may have insufficient stock to meet a surge in demand or even miss out on a trend altogether. In each case the future demand forecasting, replenishment and safety stock calculations need to be treated differently. Accurate eCommerce inventory replenishment. Here’s why….

Inventory Reduction 52

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FreightWaves SONAR

MARCH 9, 2021

However, the additional benefits of actual tender trucking data via EDI or API are much more significant than meets the eye. It’s a continuous process that helps individual shippers learn when to boost replenishment. Download the White Paper. Additional benefits of actual tender data.

Data 98

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EazyStock

MARCH 1, 2023

Whereas, where you have multiple suppliers of the same product, they might have different MOQs, so you need to determine which is the best to meet your needs. Suppliers with high MOQs could see you increase your average inventory levels, which consequentially increases holding costs.

Ordering 52

Ordering Purchasing Skills Inventory Reduction Procurement Solutions 52