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.

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Analysis Inventory Reduction Inventory Procurement Solutions 40

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.

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Optimization Software Optimization Tips Price Reduction 105

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

EazyStock

MAY 11, 2021

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 classification (otherwise known as ABC analysis ). 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.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

EazyStock

FEBRUARY 7, 2020

In this post we’re exploring how to manage inventory effectively when you’re faced with a growing product portfolio. Reducing stock levels to carry more lines (without accurate forecasting and inventory optimization tools) can lead to stockouts and expensive backorders or rush orders from suppliers.

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Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

DECEMBER 13, 2021

Introducing ABC analysis to categorize your stock would help identify these so you can prioritize your time. An inventory optimization tool , such as EazyStock, connects to your existing stock management system and will automate the risk of stockout calculations for you. Ways to Avoid Stockouts and Alleviate Issues.

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Inventory Supply Chain Planning Software How To Supply Chain Software 52

FreightWaves SONAR

FEBRUARY 22, 2021

And it’s critical to know how to apply these practices correctly. . According to Supply Chain 24/7 , “ truckload service optimizes trailer space and moves freight [without extra stops that will] eliminate wasted trips, reducing greenhouse gas emissions by up to 40%.” Request a SONAR Demo. Download the White Paper.

Price Reduction 75

Price Reduction Supply Chain Planning Software Waste Reduction Cost Reduction 75

EazyStock

JULY 13, 2020

In this four-part blog series we look at the impact COVID-19 has had on supply chains and how inventory optimization software can help. So far we’ve discussed how to overcome demand forecasting challenges due to Coronavirus. How to identify stock items that are critical to their business.

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Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

FreightWaves SONAR

JANUARY 26, 2021

As such, carriers need to know a few things about freight load balance scoring and how to assess market conditions to avoid delays, balance their fleets and maximize profitability per load. In today’s world, a delay in data processing and analysis will lead to massive opportunities for overlooked industry dynamics.

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Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

EazyStock

OCTOBER 31, 2022

They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Demand forecasting provides the information management teams use to plan how to meet that demand. These could be quantitative methods such as exponential smoothing, regression analysis or econometric forecasting.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Demand forecasting provides the information management teams use to plan how to meet that demand. These could be quantitative methods such as exponential smoothing, regression analysis or econometric forecasting.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates.

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Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

Log-hub

DECEMBER 8, 2023

To jump straight to the point, some basic strategies for handling rising transportation costs, which we’ll cover in this Playbook, are related to optimal network design and route optimization. Optimizing the location and number of warehouses is a great start, but not enough for complete optimization.

Cost Reduction 52

Cost Reduction Optimal Sourcing Handling Supply Chain Design Software 52

Locus

AUGUST 1, 2023

These optimal routes ensure that drivers complete a maximum number of deliveries by traveling a minimal distance. If not, your business suffers from analysis paralysis in making the right dispatching decisions. But how to enable this in our delivery management is the question of businesses.

Optimization Software 52

Optimization Software Logistics Network Optimization Software Inventory Reduction Resource Reduction 52

FreightWaves SONAR

MARCH 15, 2021

This lane-level intelligence provides insight into specific markets, origin/destination stability and contracted rates to inform both short-term and long-term (annual) trucking RFPs , freight network optimization decisions and more. How to use SONAR SCI’s Lane Acuity Plus to improve freight shipping procurement. Request a SONAR Demo.

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Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Ship Monk

DECEMBER 15, 2023

As the above learnings show, if your website isn’t optimized for mobile, you’re missing a huge audience. Proceed With Caution We realize that the holiday shopping season isn’t over and there’s a lot more analysis to be done. What devices were customers using to shop? Do you offer fast payment apps such as Apple Pay, Shop Pay or PayPal?

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Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Log-hub

DECEMBER 12, 2023

Optimizing Network Design – where to start? When it comes to network design optimization, you might want to run AS-IS Analysis, design a completely new network from scratch, optimize an existing network, or compare future strategies. It is indeed a simple analysis if you have the right tool.

Supply Chain Design Software 52

Supply Chain Design Software Scenario Planning Supply Chain Design Supply Chain Planning Software 52

Trinity Logistics

MAY 10, 2023

Optimized load planning is fundamental to improving your service and revenue. Logistics optimization strategies such as improving your load planning processes can be an effective way to reduce freight costs by as much as 10 to 40 percent. Start saving time and get your free supply chain analysis with Trinity Logistics.

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Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Supply Chain Software 74

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. If you know how much your inventory costs to store, per unit, you can determine whether or not a more expensive forecasting technique is worth the potential savings in inventory costs.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

EazyStock

AUGUST 9, 2022

Finding optimal healthy stock levels isn’t easy. With accurate demand forecasting information, inventory managers can set optimal stock levels to meet demand while keeping costs to a minimum. WMS systems not only keep track of stock levels but also locations in the warehouse to optimize space. How EazyStock can help.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

Locus

JULY 28, 2022

Planning, managing, optimizing and executing the final-mile logistics operations aren’t possible without delivery management software. They may know how to avoid traffic restrictions and ride smartly in those areas. It is the hows that guide your purchasing decisions. Route optimization. Try a demo with Locus!

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Optimization Software Modeling Software Definition Logistics Network Optimization Software 52

EazyStock

APRIL 13, 2022

A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits. Inventory optimization.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Shipchain

FEBRUARY 26, 2019

According to Allan Lyall, Pierre Mercier, and Stefan Gstettner at the Harvard Business Review, a considerable majority of supply chain functions could be “replaced by a smoothly running, self-regulating utility that optimally manages end-to-end workflows and requires very little human intervention” in the coming years.

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