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.

Demand 105

Demand Inventory Influencing Inventory control 105

ivalua

SEPTEMBER 14, 2022

Black Swan events are expected to come at shrinking intervals, so organizations must think about where disruption will come from and how it will affect global supply chains. The post Two-Thirds of Organizations Say Reducing Supply Chain Disruption Has Increased in Priority in Response to Recurring Black-Swan Events appeared first on Ivalua.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain Supply chain resilience Spend management 130

Finale Inventory

NOVEMBER 20, 2024

Black Friday and Cyber Monday (BFCM) are the ultimate tentpole events for ecommerce sellers, but success doesn’t come without preparation. During a recent webinar, industry experts Richie (Levanta), Ali (Trellis), and Samantha (Finale Inventory) joined forces to share actionable insights on how sellers can thrive this holiday season.

Inventory 52

Inventory Price Strategy Budget 52

All Things Supply Chain

SEPTEMBER 16, 2020

In fact, downtime events can cost… The global supply chain depends heavily on material handling equipment. Therefore, when a machine goes down, operations can quickly grind to a costly halt.

Supply chain 309

Supply chain Supply Material management Supply chain management 309

SCMDOJO

NOVEMBER 29, 2023

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow.

Inventory 111

Inventory Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 111

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Inventory control 98

Inventory control Supply Chain Optimization Inventory Quantity 98

Procurement Tactics

MAY 23, 2023

The bullwhip effect is a phenomenon that occurs in supply chain management where small fluctuations in demand can result in large variations in supply chain activities, such as inventory levels, production schedules, and transportation. Poor lead time Lead time is crucial in inventory management and affects meeting customer demand.

supply chain software solutions 212

supply chain software solutions Supply chain Supply Inventory 212

SCMDOJO

OCTOBER 30, 2024

For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.

supply chain budgeting 97

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 97

IBM Supply Chain Blog

OCTOBER 17, 2023

Advantages of event-driven solutions This is where event-driven solutions excel. Working with “business events” is essential for unlocking real-time insights that enable intelligent decision making and automated responses. 3 reasons to take advantage of event-driven solutions 1.

Data 77

Data Raw materials Supply Chain Optimization Supply Chain Efficiency 77

Spend Matters

NOVEMBER 14, 2024

The risk events of 2020 and their impact on business/supply continuity showed how organizations with strong relationships with their strategic suppliers can perform better than those without. They were often given access to resources (manpower, inventory, raw materials, etc.) when others were not.

Suppliers 115

Suppliers Raw materials Collaboration Management 115

Spend Matters

OCTOBER 21, 2024

During the week of September 23, I represented Spend Matters at the Amazon Business Reshape 2024 event in Dallas, Texas. The event began with an introduction by Todd Heimes, Vice President of Business Prime and Marketing, followed by Shelley Salomon, Vice President of Amazon Business.

Purchasing 112

Purchasing Inventory Supply Chain Optimization Buyers 112

Procurement Tactics

NOVEMBER 29, 2022

We will tell you about MRO purchasing and MRO inventory management. MRO Inventory Management – What is it and Why is it Important? MRO inventory management refers to the acquisition, storage, usage, and replenishment of all products that fall under the MRO inventory. . Challenges in MRO Inventory Management.

Procurement 168

Procurement Inventory Purchasing Procurement strategies 168

Finale Inventory

AUGUST 16, 2024

In ecommerce, inventory management is pivotal for smooth business operations. One strategy that has garnered attention recently is anticipation inventory. By grasping the concept, impact, and techniques related to anticipation inventory, you can assess if it’s a fitting component of your inventory strategy.

Inventory 52

Inventory Strategy Supply Chain Efficiency Supply Chain Optimization 52

Procurement Tactics

MAY 8, 2023

Through the CPFR process, numerous supply chain functions are optimized, resulting in reduced inventory and logistics costs, as well as improved efficiency and inventory movement. You will need retailer point-of-sales data, causal information, and information on planned events to make an initial sales forecast.

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Finale Inventory

JULY 8, 2024

Ordering inventory efficiently is essential for the success of any ecommerce business. In this comprehensive guide, we will explore the fundamentals of inventory management and how you can optimize your processes using Finale Inventory. One key aspect of inventory management is demand forecasting.

Inventory 52

Inventory Supply Chain Efficiency Order Fulfillment Real-time Visibility 52

Finale Inventory

JULY 24, 2024

In the competitive field of ecommerce, effective inventory management is key to your business’s success. Accurate inventory counts are vital for daily operations and contribute significantly to long-term growth and profitability. Serial Number: An individual and unique identifier assigned to each item in inventory.

Inventory 52

Inventory Management Order Fulfillment Data 52

Arkestro

DECEMBER 5, 2024

This is especially true as many manufacturing procurement departments struggle with exactitude, efficiency, and unforeseen events that keep them from meeting their goals. Organizations can optimize supplier selection, manage inventory levels, and adjust procurement strategies to align with changing market conditions.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Finale Inventory

AUGUST 15, 2024

Inventory shortages can seriously impact small businesses, leading to lost sales and dissatisfied customers. However, with the right strategies and tools, such as Finale Inventory, businesses can effectively prevent shortages and maintain optimal stock levels.

Inventory 52

Inventory Real-time Visibility Supply Chain Optimization supply chain software solutions 52

Finale Inventory

JULY 3, 2024

In ecommerce, managing inventory and orders is key to the success of any online business. This is where inventory and order management software like Finale Inventory comes in. By accurately monitoring inventory, businesses can avoid stockouts, reduce carrying costs, and make informed purchasing decisions.

Inventory 52

Inventory Management Real-time Visibility Order Fulfillment 52

Finale Inventory

SEPTEMBER 19, 2024

In the ecommerce industry, effective inventory management is vital for success, especially during difficult periods. Whether dealing with supply chain disruptions, managing overstock and understock, or handling seasonal demand shifts, keeping inventory well-organized is essential.

Inventory 52

Inventory Supply Chain Efficiency Management Supply Chain Optimization 52

Finale Inventory

JULY 24, 2024

In ecommerce, effective inventory management is vital to your business’s success. By applying the appropriate inventory formulas and ratios, you can streamline operations, reduce costs, and increase profitability. It ensures that you have the right products in the right quantities at the right time.

Inventory 52

Inventory Quantity Real-time Visibility Demand 52

Finale Inventory

JULY 30, 2024

Running a successful bar requires careful management of your inventory. That’s where Finale Inventory comes in—a powerful tool designed for effective bar inventory management. Understanding the Importance of Bar Inventory Management Inventory management plays a vital role in the overall success of any bar.

Inventory 52

Inventory Real-time Visibility Management Order Fulfillment 52

Finale Inventory

JULY 23, 2024

In finance and business, understanding inventory is important for effective decision-making. Whether you’re an ecommerce entrepreneur, a financial analyst, or just curious about balance sheets, this guide will provide you with a thorough look at inventory and its impact on financial statements.

Inventory 52

Inventory Raw materials Supply Chain Optimization Supply Chain Efficiency 52

Finale Inventory

JULY 22, 2024

One such strategy is anticipation inventory. This article examines the concept of anticipation inventory, its components, and its impact on ecommerce. Finally, we will cover strategies for effective anticipation inventory management to help businesses maximize this approach. What is Anticipation Inventory?

Inventory 52

Inventory Supply Chain Optimization Supply Chain Efficiency Order Fulfillment 52

Finale Inventory

JUNE 2, 2025

Choosing the right inventory management system can make or break your operations, especially if youre selling across multiple channels. Two popular options in the market are Fishbowl and Finale Inventory, each offering distinct capabilities for inventory control, warehouse workflows, and order processing.

Inventory 52

Inventory Management Real-time Visibility Order Fulfillment 52

Finale Inventory

SEPTEMBER 24, 2024

Managing inventory efficiently is important for any ecommerce business. One of the most effective tools for inventory management is the use of barcodes and QR codes. Understanding the Basics of Barcodes and QR Codes The Role of Barcodes in Inventory Management Barcodes are everywhere in retail.

Inventory 52

Inventory Management Real-time Visibility Supply Chain Efficiency 52

Finale Inventory

AUGUST 20, 2024

Understanding the impact of these disruptions and developing effective inventory management strategies is vital to ensuring a smooth flow of goods and services. This article will examine the complexities of supply chain disruptions and highlight the significance of inventory management in reducing their effects.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Inventory 52

Spend Matters

APRIL 15, 2025

Supply chain disruptions whether from geopolitical shifts, weather events or logistical breakdowns are nearly impossible for humans to predict alone. Leading firms are using AI to model extended value chains, linking them with AI-assisted supplier intelligence to anticipate risks before they become problems.

Real-time Visibility 68

Real-time Visibility e2e Procurement Supply Chain Efficiency 68

Finale Inventory

JULY 17, 2024

In-transit inventory is critical in ecommerce. For businesses, managing in-transit inventory is necessary to ensure the smooth flow of goods, maintain customer satisfaction, and optimize operations. In-transit inventory refers to goods currently in transit between two points.

Inventory 52

Inventory Real-time Visibility Purchase orders Supply Chain Optimization 52

Spend Matters

MAY 27, 2025

Brex Started as a corporate card offering and evolved into a spend platform supporting T&E, group events, procurement (vendor cards and bill pay) and employee benefits (stipends and perks). Offers direct materials management and supplemental modules like inventory management.

Real-time Visibility 92

Real-time Visibility Procurement supply chain budgeting Supply Chain Optimization 92

Spend Matters

NOVEMBER 15, 2023

At the event, the provider revealed several new solution features, including a relatively robust sourcing module. The module is a big step, as Zip previously only handled the sourcing event request intake, vendor onboarding and contract signature/approval steps of the source-to-contract process.

Sourcing 112

Sourcing Contract Inventory Procurement 112

Jaggaer

DECEMBER 5, 2024

A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority. While companies have robust visibility over their inventory and warehousing (99%), this drops to a stark 20% when it comes to their deeper supplier networks.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Supply chain 52

Procurement Insights

JUNE 1, 2025

Identified Strands from Historical Disruptions Hansens theory would analyze events like: 1995 Kobe Earthquake: Disrupted semiconductor supplies, highlighting single-supplier risks. Took proactive inventory and redesign measures. 1999 Taiwan Earthquake: Affected chip production, emphasizing geographic risk concentration.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Risk Supply chain Suppliers 52

Finale Inventory

AUGUST 15, 2024

Inventory management is a key factor in operating a successful ecommerce business. Efficiently managing your inventory is important for timely order fulfillment, avoiding stockouts, and maximizing profitability. However, managing inventory can be challenging, particularly as your business expands.

Inventory 52

Inventory Real-time Visibility Order Fulfillment Management 52

Finale Inventory

AUGUST 8, 2024

Managing inventory across multiple warehouses is a challenging task that requires careful planning and execution. In the dynamic ecommerce environment, efficient inventory management is vital for the success of your business. Lastly, it streamlines order fulfillment processes, enhancing overall operational efficiency.

Inventory 52

Inventory Strategy Real-time Visibility Management 52

Let's Talk Supply Chain

MAY 2, 2025

Collaborative Parts Sharing and Inventory Pooling One standout solution gaining traction is the collaborative sharing of spare parts between airlines. Technology is also playing a bigger role, with tools like AI and predictive analytics helping airlines manage their parts inventory more efficiently.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Inventory 52

All Things Supply Chain

JANUARY 22, 2025

Chinese New Year (CNY) is not just a major cultural event; its a pivotal moment for global supply chains. As factories in China shut down and logistics networks face heightened…

Supply chain 146

Supply chain Strategy Logistics Supply 146