Logistics Viewpoints

JUNE 4, 2024

It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends. The trade-off between waste and lost sales is a critical consideration in inventory management and replenishment for perishable products.

Inventory Reduction 116

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 116

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. To do this, they need access to a real time picture to manage every aspect of the chain.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

Logistics Viewpoints

JUNE 9, 2022

They can reveal any weak points in the logistics installation, such as unplanned replenishment from overstock to the picking area, or failure of mechanical components, and allow you to take measures to correct the problem before things get out of hand. They might also affect the technologies or resources.

Logistics Network Optimization Software 117

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Modeling Software 117

Logistics Viewpoints

APRIL 4, 2024

Another example of data normalization is accounting for lost sales due to stockouts or waste of perishable products due to overstocking of inventory. 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 123

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

EazyStock

OCTOBER 20, 2020

For example, you should consider setting different service levels, safety stock levels and reordering parameters for each category. Fine-tune your stock replenishment strategies. However, if these methods are leading to stockouts or excess stock scenarios, you need to look for a smarter way to carry out replenishment.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

Logistics Viewpoints

FEBRUARY 22, 2021

Govindarajan : Our previous Supply Chain Purchasing and Inventory Management tools were not enabling us to solve business challenges, we pivoted to Manhattan’s Demand Forecasting and Inventory Optimization software. Our goal was to better service our partners through delivering robust demand and replenishment solutions.

Supply Chain Planning Software 17

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Software 17

SYSPRO Smarter ERP

MAY 10, 2022

By using business analytics tools in the forecasting process, the quality of forecasts can be assessed and trends analyzed. For example, production jobs for different sales orders can be combined to take advantage of commonly used parts and assemblies. Demand forecasting : Data on sales history should be available to produce forecasts.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. For example, they can test the effect of increasing or decreasing safety stock levels or changing the replenishment frequency of certain products. come with any of them.

Optimization Software 122

Optimization Software Supply Chain Design Software Modeling Software Digital 122

CH Robinson Logistics

DECEMBER 15, 2021

For example, while it may not be feasible to transport 100% of your freight via air, air freight continues to be the fastest way to replenish inventory, so prioritizing specific freight can help keep cargo moving. Additionally, the right technology tools can give you the visibility and predictability you need to adjust.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

AIMMS

DECEMBER 8, 2016

The company started working with AIMMS and our implementation partner Districon in October 2015 to develop a Demand Aggregation tool. These are all the set up boxes we use in the customer’s house, cable boxes and modems for example. It was co-created by users who would use the tool in their respective country.

Optimal Sourcing 91

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 91

Logistics Viewpoints

MARCH 4, 2021

Ensure that, somewhere along the way, data diagnostic tools will be used to check for missing and inconsistent data automatically. . Replenishing stores to meet availability targets or adjusting prices to keep a certain competitive position in the market are just some examples.

Supply Chain Planning Software 113

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 113

SYSPRO Smarter ERP

FEBRUARY 22, 2024

For example, by stacking containers higher you can make use of vertical space, and mobile shelving units can be useful for seasonal products. For example, the old handhelds took 20 to 60 seconds to load a list of lots. You know immediately when a pallet is removed (a powerful tool for preventing theft).

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

Logistics Viewpoints

JANUARY 23, 2024

Kinaxis is focusing on the QSR industry first, looking at replenishment for both food and the necessary durable goods. The example they gave me was to understand the yield for a burger with pickles at a QSR. If only 70 percent of burger orders use pickles, this changes the replenishment model for both items.

Supply Chain Planning Software 117

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

GlobalTranz

NOVEMBER 4, 2016

For example, a warehouse management system (WMS) is crucial to a modern distribution center management. Dynamic slotting modules and workflow organization systems are also important tools for streamlining your warehouse operations. A good WMS system has a number of other useful tools for managing orders, inventory, and shipments.

Distribution 101

Distribution Modeling Software Tips Supply Chain Software 101

Logistics Business Magazine

AUGUST 11, 2020

Many inventory planners are still reliant on basic stock management tools to carry out their challenging roles. Whilst probabilistic formulas are not easy to utilise manually, there are a number of inventory optimisation tools available that simply plug into ERP systems.

Inventory Reduction 67

Inventory Reduction Inventory Procurement Solutions Supply Chain Software 67

Logistics Viewpoints

FEBRUARY 17, 2022

In the case of this retailer, all its major operational aspects – such as directed put away, replenishment, and inventory management – were running just fine. Supply chain planning tools. For example, processes will be different from picking to receiving to reporting. The net gain from a new WMS would be minimal.

Optimization Software 108

Optimization Software Supply Chain Design Software Supply Chain Planning Software Optimization 108

EazyStock

JANUARY 4, 2021

However, having control over every inventory item often ends up being a time-consuming and frustrating endeavor for most inventory teams, as they rarely have the right tools in place to get the job done well. This is where an inventory optimization tool comes into play. Optimized Inventory Replenishment.

Inventory Reduction 52

Inventory Reduction ERP Inventory Optimization Software 52

Logistics Bureau

OCTOBER 20, 2021

As an example of how illuminating the perfect order KPI can be, let’s look briefly at damage-free delivery as an example. For example, if the on-time percentage is 98%, the in full is 93%, the damage-free is 99%, and the orders with correct documentation is 96%, the calculation will look like this…. x 0.96 = 0.8661.

Supply Chain Design Software 98

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

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. Slotting Increases Replenishment Efficiency. Productivity improvements in picking, replenishment, and put-away.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

EazyStock

MARCH 26, 2018

In Microsoft Dynamics NAV for example, you can set values for reorder points and safety stock levels. The software includes advanced algorithms for trends, seasonality, dynamic safety stock calculations and more, and we invest heavily in R&D to make sure our tool is the most powerful on the market. Automated alerts.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

Logistics Viewpoints

JANUARY 25, 2023

Store associates can use RFID for rapid scanning and tracking, see how much of an item is actually in stock, and replenish these items faster. For example, during the height of the Covid pandemic, FarEye’s last mile delivery solution enabled the driver to show their temperature for customer assurance for a safe delivery.

Supply Chain Planning Software 112

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 112

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

Logistics Bureau

OCTOBER 10, 2024

Slotting is normally restricted to the picking face or online locations only, however it can impose some general rules for stock location in the bulk areas in order to increase replenishment efficiency. Increase replenishment and put-away efficiency. High level Slotting is a minimum requirement for the implementation of a new facility.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74

Ship Monk

SEPTEMBER 17, 2024

Without a robust software platform that integrates dozens of diverse technologies, tools and apps, flashy robots can only do so much. Examples of Warehouse Automation Include: Automated storage and retrieval systems (AS/RS): Automated systems that store and retrieve products from high-density storage.

Optimization Software 59

Optimization Software 3PL Automation Inventory Reduction 59

EazyStock

JULY 7, 2020

In this blog series we look at how inventory optimization tools , such as EazyStock, can support inventory management teams. Inventory management teams therefore need to ensure they have the best tools and forecasting processes for the job. A good forecasting tool like EazyStock will provide the base demand forecast.

Optimization Software 52

Optimization Software Supply Chain Software Modeling Software Inventory 52

Ship Monk

APRIL 30, 2024

Regardless of the size of your ecommerce brand, it doesn’t hurt to periodically reevaluate if the software tools you’re using are giving you everything you need. ShipMonk, for example, has 100+ integrations designed to help ecommerce brands grow. Enter this article. The key to this is the capacity for integrations.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 105

Logistics Bureau

DECEMBER 9, 2019

Many governments, for example, are making formerly hard-to-access export tools and guidance available to all via resource sections of their various agencies’ websites. A single mistake at the beginning of the supply chain, for example, can jeopardise the ability to meet service-promises to hundreds of customers.

Supply Chain Software 111

Supply Chain Software Logistics Network Optimization Software Supply Chains Trends 111

EazyStock

MARCH 17, 2021

Demand can also surge unpredictably – one recent example is the sudden increase in demand for personal protective equipment (PPE) with the spread of COVID-19. For example, finding tier 1 suppliers with tier 2 suppliers within the same country and near each other to eliminate additional tariffs and borders along with shortening lead time.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

Running a warehouse as a silo, for example using a spreadsheet, will not help sales when a customer asks for a quote, or the shop floor if they need to know what materials are available for a production run. For example, analyzing real-time production data to uncover hidden inefficiencies and implement changes faster.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

Blue Grace Logistics

JUNE 21, 2018

Transportation Management Workflow may be defined as a supply chain workflow that connects and links the various parties involved along the chain from, for example, the seller’s warehouse to the buyer’s warehouse. BlueShip® offers cutting-edge tools for strong reliability and quick performance. MY.SHIPPING.

Cost Reduction 69

Cost Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 69

Logistics Bureau

JANUARY 24, 2018

For example, we could change a planning process or a depot operating practice and see major improvements in availability, cost or service. Activity driven replenishment is a good example of that. Technology development is going at a huge rate and many supply chain management tools are now available in the cloud.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 58

SYSPRO Smarter ERP

APRIL 26, 2023

Business processes can be automated to improve workflow, and information can flow automatically between different areas of the business — for example, from customer order, to inventory procurement, to production job scheduling, to invoicing and to warehouse shipment. No manual data entry is needed; this means no duplication of work.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

Logistics Viewpoints

AUGUST 7, 2023

If you are implementing a warehouse management system, for example, you scan something, you put it away, you store items, you replenish, you build pallets. Teams will then revert back to their former tools, often times using Excel. This is the penultimate example of leadership commitment. It is incredibly rare.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Modeling Software Optimization Software 95

CH Robinson Logistics

MAY 11, 2021

Robinson joined Minnesota’s task force and leveraged our scale and expertise to help replenish supplies of personal protective equipment for local hospitals. Robinson’s new Emissions IQ™ tool. Diversity, equity, and inclusion have been a focus for C.H. Robinson for many years.

Material Savings 63

Material Savings Supply Chain Software Logistics Network Optimization Software Replenishment 63

EazyStock

JULY 19, 2019

Replenishment. For example, when the product is first introduced to the market it will not have any historical demand at all. Finally, campaigns and promotions are great tools for marketers but can be a headache for planners and purchasers. Replenishment. Last but certainly not least is stock replenishment.

Optimal Sourcing 55

Optimal Sourcing Optimization Software Inventory Optimization 55

EazyStock

JULY 17, 2020

One such tool is its order scheduling capabilities. Adjusting Replenishment Calculations for Variable Lead Times. You can then choose whether to simply receive and monitor the alerts, or to allow the system to automatically adjust replenishment parameters e.g what stock you need delivering and by when.

Supply Chain Planning Software 52

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

Logistics Bureau

APRIL 15, 2016

Whilst there are variations to the operations of a warehouse; if we consider the direct labour component only, then products need to generally go through the following processes of receiving, put-away, storage, replenishment, picking, staging and dispatch of products to customers. Warehouse Slotting – Conclusion.

Waste Reduction 73

Waste Reduction Supply Chain Planning Software Cost Reduction Inventory Reduction 73