Archive for January 2020
How to Determine if Your Distribution Fulfillment Strategy is Working
Knowing that your distribution fulfillment strategy is working gives you a better insight into how your business is performing. This is important for reducing order fulfillment errors, improving your inventory management and remaining competitive. Supply chain leaders must learn to recognize the warning signs of risky fulfillment strategies, the indicators of success, and how to…
Read More11 Inventory Management Best Practices & the Role of Technology
Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Instead of relying on traditional, outdated inventory management best practices, supply chain leaders should follow these 11 steps to leverage technology and improve inventory management at last. 1. Use ABC Analysis…
Read MoreExplaining the Supply Chain Management Software Alphabet Soup: TMS, WMS, YMS, LMS, OMS, & More
Supply chain management software can be confusing at times. Every software has a different acronym. For example, take these leading top software applications used in supply chain execution: transportation management system (TMS), warehouse management system (WMS), yard management system (YMS), labor management system (LMS), order management system (OMS), enterprise resource planning systems (ERP), and software-as-a-service…
Read MoreBest Practices to Purchase Order Management Software
Rejoice. It is time your organization has decided to purchase order management software and reap its benefits. Unfortunately, numerous order management system software vendors exist, and every vendor claims to have the best and biggest solution. Supply chain leaders need to understand the following points to ensure they purchase the right software on the first…
Read MoreThe Best Supply Chain Conferences of 2020
It’s that time of year again when supply chain leaders start thinking about how to empower their organizations and connect on a global scale. While technologies are continuously evolving, visiting the industry’s top supply chain conferences and trade shows form an integral way that leaders can learn more about what’s happening and how to respond.…
Read MoreHow Order Management System (OMS) Software Aids Retailers
The use of an order management system can dramatically improve product cycle times, reduce errors in order fulfillment, and lend itself to better inventory management strategies. Supply chain leaders that wish to survive and stay competitive need to understand the limits of legacy systems and how evolving supply chain execution systems through the implementation of…
Read MoreWES in 2020: Why Combined WES and WMS Functions Build Supply Chain Power
There was a time when warehouses were simpler and easier to manage. Simplicity gave way to complexity when supply chains went global and supply chain automation opportunities became prevalent. Now, the strong demand for e-commerce, SKU proliferation, and supporting systems enable warehouses to rival the size of a large shopping mall. At the same time,…
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