Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis 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

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Logistics at MPEPS at UPV

MAY 20, 2023

Value Stream Mapping (VSM) is one of the fundamental tools of the Lean Manufacturing methodology. In this post I will explain the importance of this tool and the basic steps to elaborate a VSM by yourselves. Below is a summary of the main steps to follow in order to have a general idea of how to do it.

Logistics Network Optimization Software 52

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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

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3PL Links

FEBRUARY 4, 2024

Image source: Flickr | How to Protect Supply Chain from Cyber Attacks The management of data intelligence in the supply chain presents an enormous challenge to those involved. The amount, velocity, and sharing of data all influence how it is received and evaluated, and these changes intensify with the consolidation of digital transformation.

Supply Chain Planning Software 48

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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

Turvo

FEBRUARY 8, 2022

Knowing how to build this network and set up a platform that provides the data, resources, and support needed becomes difficult. Knowing how to set up such a freight carrier network can give supply chains a significant advantage over competitors. Databased dashboard for fast data analysis and sharing in the network.

Optimization Software 77

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GoShip Blog

JULY 7, 2021

How does my business prepare for Supply Chain Disruptions? To effectively get this done, you must conduct a thorough risk analysis to figure out the weakest links in your supply chain. Find reliable software with AI mapping, analysis, security systems, predictive tools, and customer service solutions. .

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Trinity Logistics

JANUARY 19, 2024

Foundational Model This is where the training/learning takes place, where you’re teaching the AI how to look at things and look at input. There are advances in the works to help “fact check” the tool, but you must remember whatever Generative AI does today is opaque. Another feature is enables tools to call digital actions.

Supply Chain Software 114

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SYSPRO Smarter ERP

NOVEMBER 30, 2021

Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on. Armed with the right ERP tool, manufacturing companies have the upper hand in identifying trends early, adapting processes, reconfiguring supply chains and collaborating with new trading partners.

Supply Chain Planning Software 105

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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

Trinity Logistics

NOVEMBER 30, 2021

When shopping around for your own transportation management software, you’ll want to look for these capabilities: Rating and contract management This will help you with managing freight rates, sourcing, contract management, and bid RFP tools. You’ll have access to experts who know how to make use of all the tools and reporting.

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FreightWaves SONAR

JANUARY 25, 2021

Freight management companies and partners can remain unsure of how to attain or utilize meaningful, actionable freight data. . Even when processed with advanced business intelligence tools, inaccurate data will do more harm than not having access to any data at all. . Download the White Paper. Request a SONAR Demo.

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EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Inventory management KPIs are important as they help analyze and track the performance of inventory management activities such as how stock is ordered, managed and turned. How to Choose Inventory Management KPIs. Managing inventory is a complex business.

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Blue Grace Logistics

MARCH 24, 2022

Prescriptive and predictive analytics help companies see the proverbial iceberg coming and learn how best to avoid it. How to Implement High-Level Analytics in Logistics. Instead of the ‘How to Do Better in the Future’. It’s not that Excel isn’t a handy tool. What are Predictive and Prescriptive Analytics? The problem?

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Logistics Bureau

NOVEMBER 16, 2020

You could be particularly numerate, or into analysis. Certified Supply Chain Professional : Learn how to develop streamlined supply chain operations. And don’t be afraid to ask their advice on how to start out in the industry. Do you want to be managing people? Decide which niche suits you best then go for it! Data Managers.

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FreightWaves SONAR

MARCH 18, 2021

Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. The post Manufacturing Supply Chain Constraints and How to Overcome Them appeared first on SONAR. Request a SONAR Demo. Request a SONAR SCI Demo.

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GoShip Blog

APRIL 22, 2022

Demand forecasting is a highly efficient tool for any business type. How to implement demand forecasting in your supply chain? For instance, if you’re a successful eCommerce retailer, you may want to know how to draw more customers by boosting your website. Why use demand forecasting in logistics?

Supply Chain Planning Software 40

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EazyStock

JANUARY 21, 2021

Signs that you need a more advanced tool for inventory management: Here are eight signs that you need to improve Microsoft Dynamics 365’s inventory management capabilities: Inaccurate demand forecasts. Here’s how an inventory optimization tool can help bridge the gap. An inability to increase inventory turnover rates.

Inventory 52

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WorkWave

SEPTEMBER 23, 2021

Many people are new to online grocery shopping, and getting accustomed to all the options and tools available can make the experience more enjoyable and more accessible than initially expected. Designing a successful business model requires a bit of research and analysis of your competitors.

Modeling Software 52

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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.

Inventory 52

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Camelot 3PL Software

APRIL 3, 2019

We will now delve into HOW to successfully implement, and identify several key success factors for every project. A Fit Gap Analysis can be extremely helpful, in which all Functional Requirements are documented and analyzed in terms of “Fits” and “Gaps” with the out-of-box software. Project Plan – This one’s a biggie!

Modeling Software 40

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EazyStock

FEBRUARY 1, 2021

Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory. So far we’ve shown how statistical demand forecasting and inventory optimization techniques help eCommerce businesses cost-effectively replenish stock to ensure that demand can be met.

Inventory Reduction 52

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FreightWaves SONAR

APRIL 2, 2024

This is where having external benchmarking and analysis data becomes critical. More Than Rates Traditional benchmarking tools only look at static pricing at the lane level. companies can know how to react with the rate responses they get. Some companies offer visibility into the fluctuation of a rate over time.

Supply Chain Software 59

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Blue Grace Logistics

JULY 27, 2021

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. So, how can one be able to plan more effectively and be resilient in their supply chain game? billion by 2022.

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CLX Logistics

DECEMBER 1, 2022

Would you trust a mechanic that didn’t know how to change a tire? Finding the right logistics partner and tools to help simplify the brokerage process is essential to success in chemical logistics, so be sure that chemical freight brokerage is a priority when establishing your transportation management operations.

Supply Chain Planning Software 97

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Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. By using predictive analytics and machine learning algorithms, digital twins can also provide recommendations on how to optimize equipment utilization and reduce downtime. come with any of them.

Optimization Software 141

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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. 1: Supply chain complexity.

Inventory Reduction 52

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3PL Links

FEBRUARY 6, 2023

Specifically, supply chain training will make it simple for your staff to use the many technical tools they use on a regular basis. It is crucial that they understand how to use these tools correctly as well as how to respond quickly if something goes wrong.

Optimal Sourcing 62

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AIMMS

DECEMBER 1, 2016

This makes S&OP implementation a difficult process, especially when it comes to finding the right tools. Typically, companies are looking for tools to tackle demand planning and forecasting. image source: [link]. Finding Software to Drive S&OP: 5 Dysfunctions companies typically encounter .

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CLX Logistics

APRIL 22, 2024

How to Elevate Your Logistics Operations with AI & ML Technology Global supply chain organizations are embracing digitization to propel their supply chain planning to new heights. Knowledge pulls in specific rate structures and data points to determine how to save costs. How well do you know your data?

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Talking Logistics

SEPTEMBER 12, 2017

As a leader, you need many tools to eliminate this mindset. How to make it happen in your company: Infuse engagement and excitement into your team by reinforcing a bigger goal and more long-term growth conversations. How to make it happen in your company: Step back and commit to completing a comprehensive profile analysis or MSA.

Supply Chain Planning Software 64

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SYSPRO Smarter ERP

JUNE 14, 2022

Ultimately what should matter most for business is not the volume of data but, rather, knowing how to use it. Many manufacturing companies still rely on Excel for all sorts of tasks including scheduling, inventory management and data analysis. Collecting data for effective usage with business intelligence.

Supply Chain Planning Software 105

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EazyStock

NOVEMBER 21, 2019

Deciding How to Handle Outliers. However, it’s possible to use software to carry out the analysis for you. The post Improve Forecasting Accuracy: How to Manage Demand Outliers appeared first on EazyStock. A basic method is to visualize the data and spot the fliers visually. Take a look at our guide to better forecasting!

Optimization Software 40

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AIMMS

DECEMBER 1, 2016

This makes S&OP implementation a difficult process, especially when it comes to finding the right tools. Typically, companies are looking for tools to tackle demand planning and forecasting. I’d be happy to elaborate on these cases and share more stories about how our customers improve their S&OP process.

Supply Chain Planning Software 62

Supply Chain Planning Software Optimization Software Modeling Software Optimal Sourcing 62

3PL Links

OCTOBER 24, 2023

Learn how to monitor your supply chain more efficiently This is a question you may have asked yourself. How can supply chain performance be improved? The solution is frequently not obvious, therefore in this post, we’ll try to make it clear how you may evaluate and boost the efficiency of your company’s supply chain.

Supply Chain Software 48

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Logistics Viewpoints

NOVEMBER 6, 2023

Analysis of what is reported may suggest that a supplier has not been totally forthcoming in what they have reported on the platform. Many companies don’t even know how to start these projects. Schnieder Electric’s analysis showed that their direct emissions were 20 times less than their suppliers.

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3PL Links

MARCH 18, 2024

Have management software Management software is the best tool for retailers to control not only inventory but the entire store operation. Knowing the particularities of the business, it is possible to know how to manage inventory according to consumer demand.

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