Blue Grace Logistics

JANUARY 3, 2024

Revenue Stagnation The Q1 2024 index revealed inventory reductions are anticipated to prompt some replenishment activity, which should help maintain revenue stability throughout Q1 2024. With current demand robust enough to drive some inventory reduction, Q1 2024 is poised for some resurgence in inventory replenishment.

Inventory Reduction 80

Inventory Reduction Resource Reduction Replenishment Case Study 80

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

JUNE 1, 2021

Promotion-sensitive demand forecasts at the granular level are then used to adjust inventory targets and drive additional replenishment and procurement decisions. With the availability of a multitude of tools and digital solutions, all this processing and prediction can be easily automated.

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. Replenishment Planning – You can see where more items are needed, see levels of inventory, look across the network of your trading partners as well as in your own inventory and so much more.

Supply Chain Planning Software 103

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

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Read our blog on demand forecasting accuracy for more details. Fine-tune your stock replenishment strategies. Blog post originally published Aug 2015; updated Oct 2020. Supplier lead times.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

SYSPRO Smarter ERP

NOVEMBER 21, 2022

It helps to: control stock quantity, accuracy, quality, support regulatory compliance through traceability, optimize the order and replenishment process, ensure customer service levels by having the right stock at the right location, regulate movement and distribution of stock, manage inventory valuations and costs, provide points of inspection.

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Inventory ERP 111

Logistics Viewpoints

AUGUST 31, 2023

Please follow along with me as I share the stories and solutions in part 1 of this two part blog series. Automating inventory and replenishment can also help avoid stockouts and missed sales opportunities. In each case, I was sure what had caused the mistake. And I had some specific thoughts on how they could fix the problem.

Distribution 157

Distribution Vendor Strategies How To Inventory Reduction 157

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

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 128

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

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

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

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 160

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

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

Blue Grace Logistics

DECEMBER 11, 2023

Q1 optimism seen in BlueGrace Confidence Index Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - December 11, 2023 The recently-released edition of the BlueGrace Logistics Confidence Index issued by Tampa, Fla.-based

Inventory Reduction 77

Inventory Reduction Optimization Software Optimization Resource Reduction 77

SYSPRO Smarter ERP

AUGUST 7, 2023

In one of my previous blogs, “The Importance of Building a Business Case for ERP,” we looked at the significance of strategic planning and creating a solid business case before embarking on an Enterprise Resource Planning (ERP) implementation journey. With an ERP, all departments are looking at the same data.

ERP 98

ERP Manufacturing Procurement Optimal Sourcing Procurement Analytics 98

SYSPRO Smarter ERP

APRIL 18, 2022

Manufacturers and distributors need to make sure the right goods and materials are in the right place at the right time, budgeted for appropriately, and replenished as needed. The post How manufacturers and distributors can use ERP to gain control across the supply chain appeared first on SYSPRO Blog.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

SYSPRO Smarter ERP

MAY 23, 2022

ERP helps ensure that stocks replenished as and when orders arrive so that manufacturing can continue uninterrupted. The post How ERP can improve your manufacturing process appeared first on SYSPRO Blog. ERP can intelligently create master production schedules with updated information.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing ERP Optimization Software 105

FreightWaves SONAR

MARCH 23, 2021

Recognize market volatility trends and their impact on replenishment lead time Another beneficial action to boost efficiency with freight management comes from the recognition of market volatility trends. Market volatility can significantly impact replenishment lead time for restocking warehouses and distribution centers.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

SYSPRO Smarter ERP

MAY 10, 2022

Ensuring safety stock: Safety stock and min/max inventory levels should be provided by an ERP system to ensure stock levels do not fall below specified quantities, to assist with replenishment planning and avoid stock outs. 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

FreightWaves SONAR

JULY 6, 2021

Elevated import volume, inventory replenishment and capacity constraints are likely to keep the truckload market tight, but it is hard to see a catalyst that will make it incrementally worse from a shippers’ perspective.

White Paper 98

White Paper Demo Replenishment Maritime 98

EazyStock

JANUARY 14, 2020

But unfortunately for inventory management teams, ERPs often lack functionality when it comes to more sophisticated inventory planning and replenishment requirements. Stock planners are often confronted with telltale signs that they need further automation to improve demand forecasting, optimize stock levels and automate replenishment tasks.

Optimization Software 52

Optimization Software Procurement Solutions Inventory Reduction Inventory 52

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

SYSPRO Smarter ERP

JANUARY 17, 2022

The post The data influx: Leveraging the power of ERP appeared first on SYSPRO Blog. Now, can you imagine the amount of information that is transferred from servers, satellites, computers, and smartphones in sixty seconds?

ERP 105

ERP Data Manufacturing Procurement Inventory Reduction 105

SYSPRO Smarter ERP

FEBRUARY 2, 2022

It can dynamically manage stock replenishment and preferred stock levels based on many variables – internal ones such as current stock levels, lead times, historical and seasonal sales, days of supply, and external ones like market data, weather trends, and social media data. AI in inventory management.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Inventory Optimal Sourcing 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. Read our blog on demand forecasting or download our whitepaper for more information. Review your Stock Replenishment Rules. So far we’ve discussed the following: 1.

Availability 52

Availability How To Inventory Reduction Supply Chain Planning Software 52

EazyStock

JULY 19, 2019

This blog post will briefly go through the key elements of optimizing your inventory and link to resources that will give you more details of each key concept: Demand forecasting. Replenishment. This blog will not go into the detail of ABC classification, but you can read all about it in our blog post on ABC analysis.

Optimal Sourcing 55

Optimal Sourcing Optimization Software Inventory Optimization 55

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Basic rules of thumb: groupings should be logical; fast moving inventory should be easily accessible and quickly replenished; and products frequently purchased together should be located near each other in your warehouse. The post Four easy warehouse wins for your manufacturing or distribution business appeared first on SYSPRO Blog.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

GlobalTranz

AUGUST 4, 2021

Traditional Inventory Replenishment Strategies No Longer Work. A traditional inventory replenishment strategy, such as ordering based on historic patterns, is no longer effective in today’s world.

Supply Chain Design Software 115

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

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

Supply Chain Transformation Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 71

SYSPRO Smarter ERP

DECEMBER 19, 2022

The post Options for inventory planning and forecasting appeared first on SYSPRO Blog. Using an IO or AI solution as part of an overall ERP system , can allow companies operate more efficiently, improve their services, attract more customers and by reducing costs, offer lower prices.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

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

Logistics Bureau

DECEMBER 19, 2022

If you browse through the Logistics Bureau blog, you’ll find at least two or three articles—and about the same number of videos—that cover warehouse product slotting. Slotting Increases Replenishment Efficiency. Productivity improvements in picking, replenishment, and put-away. Slotting Benefits: Summary.

Production 106

Production Inventory Reduction Cost Reduction Resource Reduction 106

SYSPRO Smarter ERP

JUNE 19, 2023

The post How warehouse management can enhance the value of your ERP appeared first on SYSPRO Blog. Evaluate your specific requirements and consider implementing a WMS to unlock the full potential of your inventory and warehouse management capabilities.

ERP 98

ERP Inventory Reduction Resource Reduction Cost Reduction 98

SYSPRO Smarter ERP

SEPTEMBER 20, 2022

As they are needed in the production job, they can be taken from a bin in inventory and replenished as a standard Kanban process as the bin empties. The post How to make best use of the Bill of Materials (BOM) in your ERP appeared first on SYSPRO Blog. The shop floor items can be allocated as a percentage cost in the BOM.

ERP 116

ERP Material Savings Manufacturing Procurement How To 116

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 will get notified when you need to replenish, have outliers, or run the risk of a stock out. ” [1]. Reports at a glance.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

SYSPRO Smarter ERP

DECEMBER 19, 2022

The post Options for inventory planning and forecasting appeared first on SYSPRO Blog. Using an IO or AI solution as part of an overall ERP system , can allow companies operate more efficiently, improve their services, attract more customers and by reducing costs, offer lower prices.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

SYSPRO Smarter ERP

DECEMBER 13, 2021

One area of focus would be to strengthen internal controls around inventory to ensure it is safeguarded, replenished and maintained. The post Re-imagining inventory management for a new normal appeared first on SYSPRO Blog. Another focus area would be to automate processes to improve accuracy and completeness of inventory tracking.

Inventory Reduction 122

Inventory Reduction Inventory Sourcing Strategies Supply Chain Planning Software 122

Blue Grace Logistics

NOVEMBER 3, 2023

Based on the sentiment for inventory, there’s going to be some inventory replenishment , but most likely, shippers are going to be shifting to a more conservative inventory management strategy,” Lockard told Sourcing Journal.

Inventory Reduction 97

Inventory Reduction Inventory Ordering Freight 97