Log-hub

NOVEMBER 22, 2023

7 min read In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. How predictive analytics works in logistics?

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

Log-hub

NOVEMBER 6, 2023

Optimizing stock levels is a crucial aspect of this process, since overstocking can tie up valuable capital and lead to increased storage costs, while under stocking can result in lost sales and dissatisfied customers. In today’s fast-paced business world, the need for efficient supply chain management has never been greater.

Optimization Software 52

Optimization Software Inventory Reduction Optimization Cost Reduction 52

EazyStock

MARCH 9, 2021

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.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

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. What is stock optimization? 6 Inventory Control Techniques to Optimize Stock Levels. Understand your demand.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

GlobalTranz

JULY 28, 2021

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

Loginext

FEBRUARY 13, 2024

This blog provides an in depth analysis of the global 3PL market, the key players in the industry, their capabilities, and the challenges they face. It also covers benefits of 3PL logistics, and the various strategies that companies can employ to optimize their supply chain operations.

3PL 52

3PL Logistics Network Optimization Software Logistics Analysis 52

SYSPRO Smarter ERP

DECEMBER 18, 2023

Advanced technologies optimize MOM systems A MOM system collects production information by integrating easily with equipment, controllers and ERP systems. This real-time data can inform quicker and more accurate decisions about work in progress, inventory and advanced planning, along with capacity analysis.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Optimization Software Optimization Modeling 52

FreightWaves SONAR

APRIL 8, 2021

One of the most significant challenges facing logistics managers is route optimization. Proper access and application of real-time data change, such as the ticker comparison above, showing how initial savings in intermodal start compare to rejections over the last three months, can provide insight for optimization.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 98

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. Using FreightWaves SONAR’s DHL Pricing Power Index (DHLPPI.USA) allows for the weekly analysis of pricing power between shippers and carriers based on the conditions of the current freight market. Know when to initiate renewed RFP processes.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

EazyStock

JULY 19, 2019

What is inventory optimization? So what is inventory optimization? According to Wikipedia, inventory optimization is: “a method of balancing capital investment constraints or objectives and service-level goals over a large assortment of stock-keeping units (SKUs) while taking demand and supply volatility into account.”.

Optimal Sourcing 55

Optimal Sourcing Optimization Software Inventory Optimization 55

Locus

APRIL 3, 2023

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. This article will provide easy insight into the world of logistics management—from the key components and challenges to tips on optimizing it for your business.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. In this blog post, we will explore how manufacturers can leverage this technology to achieve data-driven success. This can lead to improved quality, reduced waste, and optimized production processes.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

FreightWaves SONAR

DECEMBER 15, 2020

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.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

Logistics at MPEPS at UPV

MAY 2, 2023

This blog post delves into the intricacies of logistics in small and medium-sized enterprises (SMEs) and startups, highlighting their unique challenges and opportunities. Despite these differences, both SMEs and startups share a common interest in harnessing technology to optimize their logistics operations. References Accenture.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

Carter Logistics

JUNE 7, 2023

In this blog post, we’ll take a closer look at the importance of efficient logistics in the trucking industry and how it can benefit your business. By optimizing routes and using advanced tracking and scheduling technologies, businesses can save money and increase profits.

Efficiency 78

Efficiency Industry Trucking Logistics Network Optimization Software 78

CLX Logistics

AUGUST 17, 2022

A transportation management system is a logistics technology platform that helps manufacturers, distributors, 3PLs, and any participant in the supply chain system plan, execute, and optimize the transportation of incoming and outgoing goods and ensure shipments are compliant and properly documented.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Logistics Network Optimization Software 52

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. Six Ways to Improve Inventory Turnover (with Inventory Optimization). A basic form of inventory categorization is ABC analysis.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

3PL Links

MAY 9, 2024

It makes it possible to optimize storage capacity, making better use of the available physical resources. Decision-making that is more aggressive and agile is made possible by real-time data collection and analysis, which enables prompt adjustments in response to market needs.

Warehousing 48

Warehousing Optimal Sourcing Inventory Reduction Expense Reduction 48

EazyStock

AUGUST 28, 2023

In this blog, we’ll explore the untapped potential of data-driven inventory management. By harnessing the power of data, EazyStock’s advanced functionality enables businesses to make smarter decisions, anticipate demand, and optimize stock levels, enhancing efficiency and profitability. Don’t worry!

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

FEBRUARY 1, 2021

In contrast: eCommerce inventory optimization is the art of predicting and managing supply and demand variables while undertaking inventory management processes. The objective of eCommerce inventory optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

FreightWaves SONAR

DECEMBER 22, 2020

It’s because enterprise shippers are turning to new intelligence tools, such as SONAR SCI , to conduct a freight spend analysis to maximize contract freight use and allocation. Shipping managers who have maintained strong relationships with carriers during these trying times will be in a better position to recover and optimize freight assets.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

EazyStock

JUNE 18, 2019

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.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

Blue Grace Logistics

AUGUST 30, 2021

What This Blog Is About: The current status of cold storage and transportation. As per the current analysis of Reports and Data , the global refrigerated transport market was estimated at $14.8 The post Four Ways Shippers Can Optimize Their Cold Storage Operations appeared first on BlueGrace Logistics. from 2019 to $23.1

Optimization Software 62

Optimization Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 62

SYSPRO Smarter ERP

AUGUST 28, 2023

Benefit 2: Enhanced organizational controls and compliance Advanced ERP systems provide features like dimension analysis, offering a multi-dimensional view of financial data. This enables flexible financial analysis, improves governance, and supports scalability as businesses grow and expand their operations globally.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 98

Freightos

MAY 8, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. In air cargo, there is some optimism that Q1’s unexpected volume strength will continue into Q2. Europe – N. America weekly prices fell 2% to $1.77/kg. America and $4.08/kg

Data 79

Data Capacity Freight Demo 79

SYSPRO Smarter ERP

OCTOBER 9, 2023

Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. This can be used in costing analysis and equipment profitability. The post Managing cost, quality and traceability in fabricated metals manufacturing appeared first on SYSPRO Blog.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

GlobalTranz

JANUARY 12, 2018

This approach to optimizing shipping performance is educational because of how it illuminates potential weaknesses and offers advice for making positive changes. If customer application reviews show shortcomings in your practices, the field engineering phase can help you actionably move closer to optimal shipping performance.

Optimization Software 74

Optimization Software Optimization Packaging Cost Reduction 74

Freightos

MARCH 12, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU. Europe – N. America weekly increased 4% to $2.08/kg.

Negotiating Skills 113

Negotiating Skills Optimal Sourcing Demo Data 113

CLX Logistics

FEBRUARY 22, 2024

From optimizing operational efficiency to maximizing cost savings, organizations must navigate a complex landscape of competing priorities and evolving market dynamics. Organizations leverage AI-powered tools to automate routine tasks, extract actionable insights from large datasets, and optimize real-time procurement strategies.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Stord

APRIL 24, 2024

The opportunities lie in leveraging these technologies to optimize inventory management, ensure transparency, and provide personalized customer experiences , ultimately leading to increased operational efficiency and competitiveness.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 88

EazyStock

JUNE 18, 2019

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.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

SYSPRO Smarter ERP

JULY 3, 2023

ML systems can identify patterns from the large amounts of structured and unstructured business and industry data that companies increasingly collect, and provide analysis and insights to users to help their decision-making. Product development When designing a new product or improving an existing one, extensive data analysis is required.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

AIMMS

FEBRUARY 2, 2015

An analysis leveraging sales data and geographical lifecycle indicators classified inventory into three major segments: Dead stock – simply an (unwelcome) snapshot of stock that has no buyer without deep discounting. So build your hypothesis, crunch the numbers, provide your evidence and produce analysis that once seen, cannot be ignored.

Optimization Modeling 84

Optimization Modeling Optimization Software Optimization Supply Chains 84

SYSPRO Smarter ERP

JANUARY 23, 2023

ESG reporting and analysis Data is one of the most important requirements of an ESG program. It is only with the analysis of data that situations can be visualized and changes made. This analysis can help the company develop goals and measurable targets for improving ESG performance. appeared first on SYSPRO Blog.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

SYSPRO Smarter ERP

SEPTEMBER 4, 2023

Embedded analytics in different roles in manufacturing Finance EA can be used to optimize budgeting, financial planning, and forecasting. Production EA can bring predictive analytics and mobile-friendly tools for manufacturers to ensure high quality, optimized performance and yield, and reduced costs.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimization Software ERP 111