EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. What is stock optimization?

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 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

ShipLilly

JUNE 23, 2021

There are examples of artificial intelligence being used to achieve these goals. For example, an online movie platform can prepare a recommended list for users based on their profile and previous behavioral patterns. Function 2: Optimizing manufacturing processes. This is done using sensors that work automatically.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. ABC/XYZ analysis can help identify the most valuable items to your business. To make it easier, supply chain professionals must understand potential risks to mitigate their impact.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. ABC/XYZ analysis can help identify the most valuable items to your business. To make it easier, supply chain professionals must understand potential risks to mitigate their impact.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain 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

EazyStock

DECEMBER 17, 2019

Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

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

Logistics Business Magazine

MARCH 25, 2021

Thomas Wiesmann from BEUMER Group , pictured above, knows which sortation trends owners are following, how they can react to them and where the journey will take them. The companies intend to save costs with their systems, to pursue a more environmentally conscious approach and above all follow market trends. Market trends?

Optimization Software 68

Optimization Software Logistics Network Optimization Software Trends Production 68

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. The use of wearables will continue to be one of the top trends throughout the remainder of 2016 and upcoming years as well.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

MTS Logistics

JUNE 10, 2020

The sooner brand builders understand the trends driving the future of logistics, the sooner they can prepare for the future of business-related transportation. From route optimization to package analysis and customer support, artificial intelligence is having a huge impact on the logistics sector. Artificial Intelligence.

Logistics Network Optimization Software 53

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Trends 53

Logistics Business Magazine

MARCH 25, 2021

Thomas Wiesmann from BEUMER Group , pictured above, knows which sortation trends owners are following, how they can react to them and where the journey will take them. The companies intend to save costs with their systems, to pursue a more environmentally conscious approach and above all follow market trends. Market trends?

Optimization Software 36

Optimization Software Logistics Network Optimization Software Trends Production 36

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. However, it is now common in everyday life.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Blue Grace Logistics

JULY 27, 2021

The importance of machine learning and intelligence combined with human touch for optimized decision making. Approaching a demand analysis with historical data and seasonal variations is no longer competent. Brand identity, interactive marketing campaigns and differential lifestyles complicate a perfect trend analysis model.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

MTS Logistics

AUGUST 21, 2023

Drawing from industry insights and the pulse of current trends, let’s explore the intricate tapestry of what the remainder of the year and beyond might unfold. Embracing the Digital Wave: The marriage of the digital realm with tangible logistics is not just a fleeting trend—it’s the new norm.

Freight forwarding 75

Freight forwarding Cargo Freight Optimization Software 75

Logistics Business Magazine

DECEMBER 22, 2020

For example, integrating temperature-sensing solutions such as Zebra Temptime can indicate if vaccines, medications, biologics, blood, food and more have been exposed to potentially hazardous conditions that could impact their efficacy or safety. Several dynamics and trends are impacting the warehousing and supply chain landscape.

Supply Chain Software 46

Supply Chain Software Supply Chain Planning Software Automation Trends 46

Conger

APRIL 1, 2024

Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Examples include cleaning and lubricating the moving parts or replacing parts before they wear out. Efficiency: Well-maintained machines operate at optimal levels that lead to increased productivity.

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

Turvo

JANUARY 26, 2021

Supply chain data analytics can interconnect many different focus points and minimize risks by giving managers tools and insight into past trends, so they do not try to make choices for the future blindly. It provides the trends and data that can help them make informed choices about preparing for the coming quarter and the season.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 73

GlobalTranz

FEBRUARY 15, 2017

Consequently, you need to understand the top five trends in manufacturing tech and how they relate back to connected devices and the IoT. The First 5 Manufacturing Tech Trends of 2017. Artificial intelligence also goes back to the increased collection, analysis and application of meaningful data in business.

Cost Reduction 74

Cost Reduction Modeling Software Optimization Software Price Reduction 74

MTS Logistics

DECEMBER 20, 2023

Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations. Using real-time data, businesses may optimize their inventory levels, cutting lead times and improving their overall capacity to adjust to changing market trends.

Supply Chain Software 83

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 83

EazyStock

JUNE 24, 2020

Inventory optimization software is an important piece of the puzzle. 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.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

SYSPRO Smarter ERP

OCTOBER 20, 2021

This would make it almost impossible to identify any trends around things like customer preferences and demands, as well as to define the optimal future direction for your organization from a technology perspective if the organization only produced analogue data. You’ve probably travelled a fair way down this road already.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

GoShip Blog

JUNE 16, 2021

With the volume of data entering the supply chain every day, AI computing technology has the potential to shift business trends to encourage revenue. . AI in supply chain and operations can efficiently handle data for analysis and automated functions. What are the benefits of AI in Supply Chain Management and Logistics Operations?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 52

SYSPRO Smarter ERP

SEPTEMBER 6, 2022

A practical way that manufacturers can do so is firstly through using data in more comprehensive ways and secondly by embracing digitization to optimize their operations for the future. Optimizing the use of data for manufacturers. Obstacles on the data journey for manufacturers.

Manufacturing Procurement 111

Manufacturing Procurement Factories Optimal Sourcing Supply Chain Software 111

EazyStock

OCTOBER 31, 2022

Demand sensing You should also research general industry information about industry trends, market conditions, and economic changes. These could be quantitative methods such as exponential smoothing, regression analysis or econometric forecasting. Look at your past sales data to create a statistical forecast. How can EazyStock help?

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

You should also research general industry information about industry trends, market conditions, and economic changes. These could be quantitative methods such as exponential smoothing, regression analysis or econometric forecasting. Or qualitative methods, such as the Delphi method, historical analysis or the panel consensus.

Supply Chain Planning Software 52

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

Locus

DECEMBER 7, 2021

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. This factor would vary with the mode of transportation we choose and also how optimized our routing is. For example: poor quality, high costs, high lead time, supplier communication.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 2% to $1.82/kg.

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. These e-commerce trends are placing increasing pressure on logistics teams to keep up with demand volatility, provide incredibly fast delivery, and reliably fulfill all their promises to customers and consumers.

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

GlobalTranz

JANUARY 18, 2016

After taking a look at the automation technology trends in logistics from our first post, take a look at how these technology trends in logistics will grow and what impact they will have for the industry. This specific example may also be applied to a new concept in logistics, tracking shipments with Bluetooth technologies. .

Logistics Network Optimization Software 72

Logistics Network Optimization Software Optimization Software Supply Chain Software Trends 72

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Yet, due to inadequate physical and digital infrastructure, many manufacturers lacked the flexibility they needed to take advantage of accelerated demand and were unable to optimize fulfillment. Manufacturers can use forecasting to support inventory optimization. Legacy systems:?

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

Logistics Business Magazine

JANUARY 15, 2024

Occupying more than 500 square meters, Linde MH’s main booth in Hall 10 (Booth B21 and B17) highlights current trends in intralogistics: Automation, Energy, Safety and Warehouse Intelligence. On display will be corresponding products and solutions which are designed to optimize the internal material flow.

Modeling Software 58

Modeling Software Optimization Software Material Savings Expense Reduction 58

Blue Grace Logistics

SEPTEMBER 15, 2022

Network Optimization. Poorly optimized networks can have many undesirable outcomes, including loss of customers, runaway freight and labor costs, and siloed — rather than integrated — supply chain management. Businesses should expect meaningful insights for the optimization of the network.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Meeting 62

GlobalTranz

APRIL 20, 2021

Look for a TMS or a managed transportation services provider with the technological capability to provide real-time data to drive optimized decision-making. For example, GlobalTranz’s Cost Prediction Model provides intelligence on pricing and market trends via a live dashboard. Redesign your network.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Viewpoints

JUNE 29, 2021

For example, my company relies heavily on “lat-long” data, or data that provides latitude and longitude coordinates for freight. Data should also be inspected at a unit level, as well as at an aggregate level, as the latter can illuminate bigger-picture trends. The next step is to inform someone.

Data 146

Data Supply Chain Design Software Supply Chain Planning Software Digital 146

EazyStock

FEBRUARY 7, 2020

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. A build-up of excess inventory and obsolete stock as social trends and technologies quickly change and forecasting models fail to keep up.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

GoShip Blog

JULY 11, 2022

Changes in market situations and consumer trends will continuously put pressure on your supply chain. Examples include: Warehouse management systems (WMS): These are software solutions that help businesses control and optimize their daily warehouse operations. This further improves brand loyalty and customer retention rates.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Cost Reduction 52