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6 Steps to conduct a freight spend analysis

FreightWaves SONAR

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

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The guide to distribution software

EazyStock

The importance of distribution software. There are a host of distribution software systems that manage internal and external supply chain workflows. Distribution software benefits. Distribution software can bring many benefits to inventory management teams, and the wider business, including: Accurate demand forecasting.

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Using ABC Analysis in Inventory Management

EazyStock

What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices.

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SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

FreightWaves SONAR

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

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6 Inventory Control Techniques for Stock Optimization

EazyStock

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Read our blog on demand forecasting accuracy for more details. ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company.