SYSPRO Smarter ERP

NOVEMBER 21, 2022

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Inventory ERP 111

Logistics Viewpoints

MARCH 12, 2025

They follow “if-this-then-that” (IFTTT) logic, meaning that when certain conditions are met, the contract automatically executes an agreed-upon action, such as releasing a payment, updating an inventory record, or verifying a shipment. Inventory counts often require manual audits, which are time-consuming and prone to mistakes.

Supply Chain Software 101

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 101

Logistics Viewpoints

JANUARY 21, 2025

Understanding AI Agents At its core, an AI Agent is a reasoning engine capable of understanding context, planning workflows, connecting to external tools and data, and executing actions to achieve a defined goal. Integrate with External Tools and Data: AI Agents can augment their inherent language model capabilities with APIs and tools (e.g.,

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 113

Logistics Viewpoints

JULY 30, 2024

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.

Inventory Reduction 118

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Design Software 118

Logistics Bureau

JANUARY 21, 2025

An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. A responsive supply chain can help to ensure that you always meet customer demand, even if you face inevitable obstances.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 98

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.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

SYSPRO Smarter ERP

DECEMBER 13, 2021

Inventory management was moving towards a just-in-time approach until the supply disruptions of the last year. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a re-assessment of practices and KPIs in order to keep goods flowing in a predictable and manageable way.

Inventory Reduction 122

Inventory Reduction Inventory Sourcing Strategies Supply Chain Planning Software 122

MTS Logistics

OCTOBER 29, 2024

Predictive analytics, fueled by vast datasets including historical sales, market trends, and weather patterns, enables businesses to optimize inventory levels with precision, reducing overstock or shortages and ensuring customer satisfaction through accurate demand forecasting.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 105

Logistics Viewpoints

JUNE 1, 2021

Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep. During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand.

Supply Chain Planning Software 107

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Inventory 107

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock.

Optimal Sourcing 105

Optimal Sourcing Optimization Software ERP Inventory Reduction 105

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.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

Logistics Viewpoints

JANUARY 23, 2024

This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supply chain data. The single data cloud runs on Snowflake, one of Blue Yonder’s partners.

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 117

Logistics Bureau

JANUARY 3, 2025

Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility. Inventory turnover: Inventory turns for each SKU.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

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. Inventory Forecasting: Demand Types.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

MTS Logistics

DECEMBER 3, 2024

GPS tracking, data analytics, and automation have all been instrumental in streamlining supply chain operations and improving efficiency. By capitalizing on these solutions, businesses can enhance their delivery processes, reduce costs, and meet customer expectations.

Inventory Reduction 104

Inventory Reduction Cost Reduction Distribution Supply Chain Software 104

Logistics Viewpoints

JULY 23, 2024

Data is the lifeblood of AI in the supply chain. Without sufficient data, AI models can’t uncover meaningful patterns, make accurate predictions, or provide valuable insights for informed decision-making in complex and dynamic environments. At the same time, feeding your AI models too much data can also be a problem.

Optimal Sourcing 121

Optimal Sourcing Supply Chain Software Supply Chains Data 121

Logistics Viewpoints

JANUARY 24, 2022

Google and Twitter mainly monetize the data through targeted advertising. The value of the data captured by Google and Twitter has made them the darlings of Wall Street. But it turns out big logistics firms also generate Big Data, and they are also working to monetize this data. We have always been good at capturing data.

Data 123

Data Logistics Network Optimization Software Packaging Sorting 123

Blue Grace Logistics

MARCH 12, 2025

It adds that by analyzing revenue forecasts, inventory levels, and order volumes, the index provides industry stakeholders with valuable insights into what to expect in the next quarter and how these trends reflect the freight market. This combination of factors has bolstered revenue expectations despite ongoing economic uncertainties.

Inventory Reduction 62

Inventory Reduction Resource Reduction Cost Reduction Price Reduction 62

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 Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Logistics Bureau

OCTOBER 10, 2022

Too much inventory in your distribution network? Inventory costs too high? These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. But what exactly does inventory optimisation mean, and what obstacles must first be broken down to achieve it?

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

Logistics Viewpoints

AUGUST 9, 2022

For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management? Complete visibility into inventory.

Inventory Reduction 104

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 104

IoT World Today

MARCH 18, 2020

A case in point is last-mile delivery, an area where IoT (Internet of Things) data may not yet be fully tapped. It also challenges companies of all kinds to employ IoT and other technologies to boost logistics skill sets and meet customers’ new expectations. . Location data is vital to last-mile logistics.

Optimal Sourcing 122

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Design Software 122

Logistics Viewpoints

SEPTEMBER 25, 2024

IoT: Powering the Future of Digital Product Passports The Internet of Things (IoT) continues to impact how industries track products and manage data. This network of devices enables seamless, automatic data collection from physical objects in near real-time.

Supply Chain Design Software 112

Supply Chain Design Software Supply Chain Planning Software Digital Data 112

Logistics Bureau

DECEMBER 20, 2021

As we are often asked about KPIs for inventory management , that’s what we’re going to focus on in this particular post. You will also understand their notable benefits to the inventory management discipline. 10 Invaluable KPIs to Track Inventory Management Performance. 1: Inventory Turns. million)/2 = 6.76.

Inventory Reduction 98

Inventory Reduction Inventory Cost Reduction Purchasing Skills 98

Log-hub

JANUARY 21, 2025

They help businesses organize and analyze data, leading to better decision-making and improved efficiency. In this blog, we’ll explore how they are used in various aspects of the supply chain, including transportation, inventory management, demand forecasting, and network optimization.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimal Sourcing 52

Logistics Bureau

DECEMBER 22, 2024

Once a given KPI shows that performance consistently meets or exceeds the required level, you can raise the bar and set a higher target. Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Viewpoints

DECEMBER 18, 2024

The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. AI-powered warehouse management improves inventory flow and reduces waste. Blockchain also facilitates collaboration by sharing verified data across stakeholders.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 103

Logistics Bureau

NOVEMBER 29, 2024

Effective retail supply chain management also helps to manage inventory levels, reduce waste and ultimately customer satisfaction. Effective warehouse management affects various elements such as inventory control, order fulfillment, and overall operational efficiency. COGs will go down, but inventory levels will go up.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 75

Logistics Viewpoints

FEBRUARY 19, 2025

International Logistics must find a balance between more economical costs and higher efficiency to meet the needs of different countries. RPA technology simulates human operations in digital systems, such as data entry, file processing, and information transmission, achieving full automation of key processes from booking to order.

Logistics Network Optimization Software 71

Logistics Network Optimization Software Optimization Software Cost Reduction Logistics 71

Camelot 3PL Software

NOVEMBER 27, 2024

One game-changing way to meet these challenges is by harnessing the power of advanced analytics and reporting. Enhance Decision-Making with Data-Driven Insights In the modern 3PL warehouse, operational complexity is the norm. Relying on intuition or outdated methods to manage inventory, labor, and equipment is no longer viable.

3PL 52

3PL Optimization Software Warehousing Logistics Network Optimization Software 52

Ship Monk

JANUARY 31, 2024

Of course we’re talking about your ecommerce store’s data security. Exposure Through Data Transfer When you work with any third-party vendors, data is transferred between platforms. Data Security Protection 1.) who can see the data?), data encryption protocols (i.e.

eCommerce 105

eCommerce Security Supply Chain Planning Software Supply Chain Design Software 105

3PL Links

OCTOBER 15, 2024

Inventory Management The Issue: Balancing inventory levels is critical, but in today’s business climate, it’s a challenge many businesses face. Keeping up with customer demands is the most important aspect of healthy inventory management. But the good news is, there are proven solutions that can help overcome them.

Inventory Reduction 62

Inventory Reduction Logistics Network Optimization Software Supply Chain Software Expense Reduction 62

3PL Links

DECEMBER 17, 2024

2- Omnichannel logistics Omnichannel logistics will become a critical component of meeting customer expectations by 2025, as the real and digital environments grow more integrated. Operating omnichannel logistics is a significant task that necessitates exact coordination among inventory, transportation, and customer service.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Trends Logistics Network Optimization Software 62

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. Food and beverage shippers can achieve this by analyzing historical data and market insights.

Inventory Reduction 116

Inventory Reduction Cost Reduction Optimization Modeling Supply Chain Planning Software 116

Stord

APRIL 16, 2024

While everyone at Stord accomplished a lot in 2023, let’s take a moment to meet some of our leadership team, and explore what they have planned for 2024 and beyond! We also launched the Culture Club, a collaborative monthly meeting of volunteers across Stord. You can do almost anything on its platform with your CRM data.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 88

Logistics Viewpoints

JANUARY 30, 2025

Warehouse managers and executives face constant pressure to meet rising customer expectations while maintaining cost efficiency and operational excellence. By analyzing real-time data such as order trends, equipment availability, and associate performance, these systems can dynamically adjust workflows.

Optimization Software 85

Optimization Software Resource Reduction Automation Logistics Network Optimization Software 85

Logistics Viewpoints

AUGUST 1, 2024

By embracing collaboration, real-time data, and a focus on sustainability, companies can build resilience, improve margins, and gain a competitive edge. They also performed Transportation and Inventory Optimization to ensure that products are delivered on time and with minimum inventory.

Supply Chain Design Software 123

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 123