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. Higher costs of storage.

Supply Chain Planning Software 52

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

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. The local price is an average of those various prices.

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

Ship Monk

SEPTEMBER 14, 2022

By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it. For an eCommerce business, inventory is your most valuable asset (at least in terms of bookkeeping) and also one of your largest costs. Ending Inventory + COGS – Purchases = Beginning Inventory.

Inventory Reduction 78

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 78

Locus

DECEMBER 6, 2022

And if you’re a business that is looking to grow, making on-time deliveries, keeping up with customer trends and preferences, delivering exceptional customer experience in the first attempt will be on the top of your list. So there’s less friction, fewer failed delivery attempts and big cost savings for your business. Schedule Demo.

Optimal Sourcing 52

Optimal Sourcing Picking Optimization Software Sourcing Strategies 52

Ship Monk

NOVEMBER 30, 2023

We recently covered KPIs for Ecommerce Businesses in another blog post. It just so happens to be a KEY metric, that tells stakeholders how well they’re doing at reaching a particular business goal. So, some of the metrics on your dashboard might also be KPIs. The purpose of this article is to highlight the top metrics to watch.

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

Blue Grace Logistics

JANUARY 10, 2023

The Logistics Blog®. Rising online purchases over the past few years have increased the need for LTL. Consumers are paying the price. The most reported habit changes were consumer price increases, by 70% of surveyed shippers, and expected service level decreases, by 69% of respondents. Cost/pricing—68% of respondents.

Material Savings 62

Material Savings Price Reduction Purchasing Skills Cost Reduction 62

Locus

OCTOBER 21, 2022

Between the Covid-19 waves, a trend emerged in the US and the rest of the world that earned the popular name of ‘revenge shopping’. Now almost two years since the black swan event, the trend continues, evolving into much grander, ‘revenge festivities’. Schedule Demo. Sources: [link] [link] [link] [link] [link] [link].

Supply Chain Planning Software 52

Supply Chain Planning Software Meeting Optimal Sourcing How To 52

Locus

OCTOBER 16, 2022

Last-mile reverse logistics is the process of moving goods from the final destination (customers) to their source (fulfillment center or warehouse). Last-mile reverse logistics determine the post-purchase customer experience and brand loyalty. Schedule a Demo Now. Let’s jump in! What is last-mile reverse logistics?

Reverse logistics 52

Reverse logistics Optimal Sourcing Sourcing Strategies Logistics Network Optimization Software 52

FreightWaves SONAR

FEBRUARY 1, 2021

Average contract rates show trends developing in long-term pricing agreements to prepare freight market participants for annual bids or any increases in shipping freight rates. Unlike the spot freight market, contracted agreements have a longer cycle and are typically negotiated on an annual basis. Request a SONAR Demo.

Negotiating Skills 75

Negotiating Skills Purchasing Skills Freight Procurement Analytics 75

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. The objective of stock optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible. Know your star products!

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

FreightWaves SONAR

FEBRUARY 15, 2021

This week, learn how executives who manage a trucking business are monitoring carrier operations-based indices to improve profit margins and reduce operational trucking costs. Formula : Operating ratio = total operating costs / operating revenue * 100. Operating Ratio (OPRAT).

Trucking 98

Trucking Expense Reduction Operations Purchasing Skills 98

FreightWaves SONAR

NOVEMBER 30, 2020

It gives SONAR users visibility to daily changes in the intermodal market and is broken down in detailed granularity not found in other data sources. According to the Association of American Railroads (AAR), rail intermodal is the largest single source of U.S. domestic container volume between L.A.

Purchasing Skills 59

Purchasing Skills Negotiating Skills Sourcing Strategies Freight 59

FreightWaves SONAR

DECEMBER 15, 2020

Carriers and transportation experts are always looking for ways to cut costs and maximize spending. A freight spend analysis can help cut those extra costs. By doing so, carriers and experts pinpoint logistics cost contributors. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

FreightWaves SONAR

AUGUST 13, 2021

I often hear people that speak of supply (capacity) or demand (freight volume) refer to either one as if that explains pricing alone, when in practice, you must understand how each dynamic moves separately. Industrial – PMI (Purchase Managers Index). Retail sales [white] and the Purchasing Managers Index [green] remain very strong.

Manufacturing Procurement 98

Manufacturing Procurement Trucking Purchasing Skills Ordering 98

Locus

OCTOBER 7, 2022

It also showed that 80% of consumers are willing to pay higher prices for same-day deliveries. However, should a business invest their capital in building and maintaining their solution from scratch, or simply purchase an off-the-shelf solution? Holistically consider the costs. Match the pace of innovation with evolving trends.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 52

EazyStock

JUNE 16, 2022

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. ML models teach themselves over time by analyzing trends and spotting anomalies and then offering predictive insights. Using AI to improve demand forecasting.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

EazyStock

JUNE 23, 2022

Inventory management information usually comes from a variety of data sources and is either structured or unstructured. Big data is used to understand trends and patterns in behavior. Bluetooth, WiFi, and connected RFID devices can bring efficiency and cost savings to companies. Big data and the benefits to inventory managers.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

Locus

MAY 15, 2023

According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. However, as the data suggests, more and more customers want to buy from brands directly and want them to solve any challenges that arise post-purchase.

Cost Reduction 52

Cost Reduction Procurement Solutions Strategy Supply Chain Planning Software 52

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. Promotion management If you have upcoming promotions, price changes or other internal data that could impact demand, ensure you get this from sales and marketing teams.

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. If you have upcoming promotions, price changes or other internal data that could impact demand, ensure you get this from sales and marketing teams. Promotion management. Demand sensing.

Supply Chain Planning Software 52

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

FreightWaves SONAR

MARCH 15, 2021

Read on to learn what is SONAR SCI’s Lane Acuity Plus, what it tells subscribers who have purchased SONAR SCI, and how the application aids freight market participants by gaining deeper lane by lane insights around freight shipping. . Paying below-market rates in highly volatile lanes could lead to additional costs. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. Schedule your free demo today.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Ordering 52

EazyStock

NOVEMBER 18, 2022

Ultimately, our automatically generated purchase orders will save you time and money. You’re assigned a customer success manager (at no extra cost) who assesses your business needs and personalizes your training. Book a demo to learn more about EazyStock’s functionality and how it can make your demand planning easier.

Optimization Software 52

Optimization Software Procurement Solutions Procurement Analytics Purchasing Skills 52

Locus

OCTOBER 27, 2023

Visibility: Fueling Unparalleled Customer Experiences Recent findings from the Qualtrics 2023 Global Consumer Trends Report offer a jolting insight: Indian enterprises could potentially lose out on 17.3% The rise of omnichannel approaches is not just a trend, it’s becoming a consumer expectation.

Optimization Software 59

Optimization Software Logistics Network Optimization Software Cost Reduction Expense Reduction 59

EazyStock

APRIL 13, 2022

Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits. These suit industries where products are either low cost or high revenue – or both. These include cement, steel, paper, commodities and low-cost fashion.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Locus

MARCH 20, 2023

The modern customer is aware of their needs and possesses the knowledge and skills to efficiently utilize information and tools to fulfill them. The survey conducted by MetaPack highlights that more than 90% of customers consider delivery a crucial factor when making online purchases. What makes last-mile tracking a challenge?

Efficiency 52

Efficiency Optimization Software Supply Chain Planning Software Cost Reduction 52

FreightWaves SONAR

MARCH 12, 2021

If the sales rep doesn’t get hung up on after saying no, their experience will allow them to explain the importance of a brokerage being able to leverage carrier assets, bring more supply to shippers, along with cost savings. The SONAR Operating Ratio index (OPRAT) provides the total operating costs divided by the operating revenue.

Purchasing Skills 90

Purchasing Skills Modeling Software Procurement Analytics After-sales 90

EazyStock

MARCH 4, 2021

Most items in the growth stage will experience an upward demand trend. Possible strategies include reducing your reorder quantities and levels of safety stock or using marketing campaigns or pricing tactics to increase demand and move the stock faster before your customers lose interest altogether. Cost to sell. Pick frequency.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

FreightWaves SONAR

APRIL 15, 2021

Higher expenses when purchasing new vehicles and equipment to comply with legal regulations and laws. Increased fuel costs as less-efficient vehicles consume more fuel and rely on less eco-friendly material usage. Look into the possibility of alternative energy sources. Request a FreightWaves SONAR demo to get started. .

Material Savings 52

Material Savings Waste Reduction Expense Reduction Resource Reduction 52

EazyStock

AUGUST 9, 2022

When the cost of raw materials and finished goods starts to soar, it’s critical for wholesalers and distributors to control their operational costs to remain competitive and achieve decent profit margins. Inventory optimization is efficiently and cost-effectively having the right products in the right place at the right time.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

Shipchain

NOVEMBER 22, 2019

New trends and technologies, coupled with globalization, mean that supply chains are the most complex they’ve ever been. All of this data comes together to help you understand your customers, competitors, overall industry and purchasing trends, and so on. And in today’s day and age, supply chain is ever-evolving.

Supply Chain Software 70

Supply Chain Software Supply Chains Optimization Software Price Reduction 70

Locus

SEPTEMBER 27, 2022

In this fourth episode, “ Southeast Asia’s E-commerce: Winning the Next Wave of Shoppers ,” the panelists did a deep-dive on e-commerce trends in the SEA region, last-mile fulfillment challenges for Bukalapak in SEA, and how technology helped them counter them. Schedule a Demo. Watch the Webinar. Rise in e-commerce users and volume.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Modeling Software Optimization Software 52

FreightWaves SONAR

NOVEMBER 16, 2020

Using FreightWaves’ extensive data sources, SONAR aggregates estimated future rates for your selected route and equipment type (van or reefer) up to a year in advance and even calculates the low, high and median prices. As the United States heads into holidays, consumers are starting to purchase more goods that need refrigeration.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

Shipchain

JUNE 3, 2019

How do you know that the spinach in your salad is really locally-grown, or that a portion of your purchase is actually donated to charity? If you’re thinking about what the relationship between blockchain and sustainability could mean for your organization, get in touch with us to request a demo of our Trace and Trace platform.

Purchasing Skills 48

Purchasing Skills Waste Reduction Sourcing Strategies Procurement Analytics 48

EazyStock

MARCH 9, 2021

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. In a marketplace where trends come and go and product sales can be erratic, items can move from category C to A very quickly. Value of annual usage – sales volume × unit cost.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

FreightWaves SONAR

DECEMBER 28, 2020

In this article, you learn what the Loaded TEUs indices are, what the Loaded TEUs indices monitor, and what the Loaded TEUs indices indicate to various freight market participants about the potential impact on freight costs and available trucking capacity for inland freight networks. . exports are trending or performing in the global economy.

Freight 52

Freight Networks Procurement Analytics Demo 52

EazyStock

JUNE 23, 2021

Finally, if you add the complications of seasonality and demand trends to the mix, suddenly a simple forecasting project becomes a complex nightmare. Accurate BOM forecasts will help ensure purchasing teams have a clear and accurate list of materials and quantities to order. Automated BOM Inventory Management. Help prevent stockouts.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Inventory Reduction Inventory 52