SCMDOJO

SEPTEMBER 12, 2023

In the dynamic landscape of supply chain and inventory control, understanding the value and significance of each item in your stockpile is paramount. Let’s embark on this journey towards efficient inventory management, starting with a clear understanding of ABC classification.

Inventory 84

Inventory Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 84

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory 90

Inventory Supply Chain Efficiency Supply Chain Optimization Supply chain 90

All Things Supply Chain

DECEMBER 7, 2020

Amongst the primary operations of running a supply chain department is inventory management. Any issues pertaining to inventory… It is a crucial responsibility that could either break or make a business.

Inventory 191

Inventory Supply chain Management Supply 191

Procurement Tactics

AUGUST 11, 2022

Inventory Holding Cost — The Ultimate Guide of 2022. Inventory holding costs are one of the fees that an organization or business incurs. In this article, we will discuss what inventory holding cost is. Additionally, we will explain the components of inventory carrying costs and how they can be reduced. . Cost of capital.

Inventory 130

Inventory Procurement Negotiation Real-time Visibility 130

ABC of Procurement

FEBRUARY 3, 2022

Project inventory is a bit tricky. The post Project inventory, the three important points first appeared on ABC of Procurement. It has no historic data, the store is usually temporary. So, how to properly organize the flow?

Inventory 130

Inventory Import Procurement Data 130

Finale Inventory

SEPTEMBER 6, 2023

Demand planning with inventory management software and data reports. Let’s explore the intricacies of Q4 inventory demand planning, and we’ll talk over some action ideas for sellers to implement. Let’s explore the intricacies of Q4 inventory demand planning, and we’ll talk over some action ideas for sellers to implement.

Demand Planning 52

Demand Planning Inventory Demand Purchasing 52

SCMDOJO

SEPTEMBER 12, 2023

3. Enhancing inventory management An unorganized and chaotic warehouse layout can lead to confusion and inaccuracies in inventory management. An efficient layout with logically organized items will make tracking, accessing, and managing the inventory easier.

Inventory 69

Inventory Management Import Logistics 69

Supply Chain Dive

AUGUST 29, 2023

The retailer’s aggressive, ahead-of-schedule inventory reductions represented significant progress toward those goals.

Inventory 112

Inventory 112

Supply Chain Brain

AUGUST 27, 2023

Do not lose sight of the fact that inventory optimization is almost certainly a major untapped opportunity for your organization.

Inventory 98

Inventory 98

Supply Chain Dive

MAY 4, 2023

The semiconductor producer struggled to lower stock levels in the past quarter, but says AI-related customer demand is helping with “inventory digestion.”

Inventory 114

Inventory Demand 114

Supply Chain Game Changer

OCTOBER 14, 2022

Featuring Our 10 Best Inventory Management Articles! Effective inventory management is one of the most important aspects of running a successful business. Good inventory management means having visibility into your inventory levels at all times, so you can make sure you have enough products on hand to meet customer demand.

Inventory 114

Inventory Supply Chain Efficiency supply chain software solutions Supply Chain Optimization 114

Supply Chain Game Changer

AUGUST 16, 2022

In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. On top of the annual inventory count there were ongoing manual cycle counts throughout the entire year. An Inventory Control History.

Inventory control 124

Inventory control Inventory Agile and Lean Supply Chain Supply Chain Efficiency 124

All Things Supply Chain

APRIL 14, 2021

Operating a warehouse requires knowing where inventory is at all times. Warehouse workers receive products, take orders and retrieve them from the shelves every day. Within this hustle and bustle…

Inventory 180

Inventory Import Management 180

Supply Chain Dive

JULY 5, 2023

After working to shed overstocks last year, retailers are trying to keep their inventories lean and relying on the chase to meet demand as it comes.

Inventory 123

Inventory Management Demand 123

SCMR (Supply Chain Management Review)

JUNE 27, 2023

The inventory glut that has impacted businesses in the past two years is pushing more companies to consider supply chain finance programs to smooth out cash flow.

Inventory 100

Inventory Supply chain Strategy Supply 100

NLPA (Next Level Purchasing Association)

SEPTEMBER 18, 2023

Simplifying things, inventory refers to things that are being temporarily stored because they are not quite ready to go elsewhere. Inventory can be things that your organization plans to sell in its current conditions. Inventory can be things that your organization plans to incorporate into something else that it is making.

Inventory 40

Inventory Purchasing 40

Supply Chain Brain

AUGUST 3, 2023

Retailers need to unify inventory data in real time, and ensure that products are available for fulfillment across all sales channels.

Inventory 98

Inventory Data 98

Supply Chain Dive

JUNE 8, 2023

Inventories at the department store retailer were down 7% as it keeps its budget open to buy in-demand product.

Inventory 144

Inventory Demand Budget 144

EazyStock

AUGUST 28, 2023

When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels. When combined with manual inventory management processes, you increase the risk of human errors, which can culminate in stockouts and overstocking. Don’t worry!

Inventory 52

Inventory Real-time Visibility Data Management 52

Supply Chain Brain

JULY 26, 2023

To be able to respond quickly to future supply chain disruptions, companies need to embrace strategic sourcing and inventory management.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Inventory Sourcing 98

Supply Chain Brain

SEPTEMBER 2, 2022

There’s a pressing need to make inventory management more flexible, resilient and stable. Many companies are turning to artificial intelligence as a solution.

Inventory 144

Inventory Management 144

IBM Supply Chain Blog

JUNE 15, 2023

But they aren’t always clear on the strategic opportunities around parts inventory management and the role it plays in maintenance strategy. What is parts inventory? Parts inventory, also known as “supplies inventory,” refers to the items a company must stock to repair the assets it owns quickly and effectively.

Inventory 73

Inventory Management Raw materials Inventory control 73

Supply Chain Game Changer

AUGUST 24, 2022

Featuring Our 10 Best Inventory Management Articles! A very important part of many businesses is managing inventory. Companies in all different industries need to have inventory in stock in order to remain afloat and deliver their products to customers in a timely manner and avoid inventory management mistakes.

Inventory 93

Inventory Supply Chain Efficiency Management Supply Chain Optimization 93

Supply Chain Dive

AUGUST 22, 2023

The footwear and apparel brand is searching for a new chief supply chain officer as it tries to reposition its brand and keep inventories from piling up.

Inventory 92

Inventory Supply chain Supply 92

Supply Chain Dive

APRIL 13, 2023

The latest Cloud Cortex Framework release keeps track of aging, past and slow moving inventory to spot trends and better meet customer demand.

Inventory 102

Inventory Demand 102

Supply Chain Brain

JUNE 7, 2023

Bill Benton, co-founder of Gains, details why planning processes don't meet and solve inventory challenges.

Inventory 96

Inventory 96

ProcurePort

JANUARY 4, 2021

Have you ever wondered what the fuss is regarding the inventory turnover ratio? Inventory turnover ratio (ITR) is a benchmark that allows enterprises to realize the efficiency of their inventory management systems. The post How to Increase Your Inventory Turnover Ratio appeared first on ProcurePort Blog. Let’s explore.

Inventory 130

Inventory Management Suppliers 130

Finale Inventory

MAY 23, 2023

If you’re affected by the sunsetting of QuickBooks Commerce, Finale Inventory’s cost-effective software offers advanced inventory management, robust reporting, and excellent customer support. Let’s look at why Finale Inventory is the perfect alternative to QuickBooks Commerce before its June sunset date.

Inventory 52

Inventory Management Data Collaboration 52

Supply Chain Dive

JUNE 21, 2023

Inventory Transfer Services gives sellers the option to send goods to one centralized location and offer two-day to same-day shipping.

Inventory 117

Inventory 117

ProcurePort

AUGUST 19, 2020

Without inventory management, businesses, economies, and societies would descend into chaos. Inventory management is one of the most crucial elements in developing strong and resilient supply-chains that aren’t affected by the volatile marketplace.

supply chain software solutions 130

supply chain software solutions Inventory Management Supply chain 130

Strategic Sourceror

AUGUST 3, 2022

But with the COVID-19 lockdowns lifted and life largely back to normal, retailers appear to have overestimated consumer demand, with their inventories far exceeding the once torrid pace of sales. Retailers aim to reduce their inventory that is piling up due to slower sales. In response, their respective inventories have swelled.

Inventory 104

Inventory supply chain budgeting Supply Chain Optimization Procurement 104

Strategic Sourceror

JULY 28, 2022

Increased levels of inflation might be a global concern, but a slowdown in consumer spending is forcing retailers to make significant price reductions on existing inventory. Add supply chain delays and seasonal purchasing habits into the mix, and retailers have been left with a double hit of unwanted inventory and limited consumer demand.

Inventory 100

Inventory Procurement Supply chain Procurement strategies 100