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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. Save Time by Automating Inventory Management Calculations.

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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.

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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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How AI and Machine Learning Changed Procurement Management

CLX Logistics

At the heart of these challenges lies the need for advanced tools and technologies to drive innovation, enhance decision-making, and unlock hidden value within procurement processes. ML algorithms enable predictive analysis and decision-making, while NLP algorithms enhance communication and data analysis capabilities.

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What Makes a Truly Agile and Resilient Supply Chain?

Logistics Viewpoints

Adding sourcing, quality and supplier management enables supply chain technology providers to create an agile and resilient supply chain for their customers through the entire lifecycle of a product. Armed with the right technology tools, companies can face disruption and be prepared to emerge more successful than their competition.

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Cost To Serve – A Smarter Way to Improved Supply Chain Profitability

Logistics Bureau

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. The tools for determining Cost To Serve include standard spreadsheet applications, such as MS Excel, and network design modeling software.

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The Business Benefits of “Going Green” with Your Supply Chain

247 Customs Broker

If you are single sourcing particular raw materials, analyze the supplier’s renewals and reusables. Continuously evaluate future optimization scenarios with a network design optimization tool. Help suppliers manage the sustainability impact – monitor and make sure they adhere. Conduct a backhaul analysis.