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5 Ways Shippers And Suppliers Can Maintain A Great Relationship

Blue Grace Logistics

Here are five tips to build, maintain, and improve a healthy and productive relationship with your suppliers. What This Blog Is About: How to build a mutually beneficial relationship based on trust & credibility with your suppliers. The best way to establish fluid and useful communications channels with your suppliers.

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Coronavirus Series – Inventory Management Challenges & Solutions

EazyStock

In this four part blog series we discuss how inventory management teams can use inventory optimization to help deal with the impact of the Coronavirus in the medium and long term, focusing on demand forecasting, supplier management and inventory planning. It’s now time that inventory management teams did the same.

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2023 supply chain and logistics management trends

EazyStock

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. ABC/XYZ analysis can help identify the most valuable items to your business. Some companies are setting up bilateral supply chains.

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2023 supply chain and logistics management trends

EazyStock

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. ABC/XYZ analysis can help identify the most valuable items to your business. Supplier management. Supplier ranking.

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Inventory Carrying Costs & How They Impact Profitability

EazyStock

In this blog, we’ll take the four types of carrying costs in turn and understand their real impact on your bottom line. Storage costs will vary dependent on your type of storage; for example if you own your own warehouse, you may have more control over your costs than if you use a Third Party Logistics (3PL) provider. Capital costs.

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Lean Manufacturing Systems: How Mobility Empowers the New “Lean”

GlobalTranz

As a result, many manufacturers have deployed extensive process review and analysis programs to move towards a higher level of lean manufacturing. Most modern manufacturing programs use RFID scanners , barcode scanners, and automated data capture for processing in the manufacturing control platform, asserts an Apriso blog post.

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How to successfully implement just-in-case inventory management

EazyStock

Using ABC analysis will help you categorize your stock items and assign different stocking policies to each group. You’ll also give your inventory teams more time to deal with suppliers, manage customers and look at the bigger picture. Classifying your stock helps prevent a ‘blanket approach’.