SYSPRO Smarter ERP

JANUARY 31, 2022

2. Managing working capital, cash flow, and inventory costs. investments), cash flow, and rising inventory costs rank as the second-highest CFO priority for 2022. I’ll be back with another blog that closely examines key phenomena, prominent trends, and best practices as we navigate the “Next Normal.

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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. Inventory Management Balancing inventory levels is essential to avoid stockouts or excess stock.

Supply Chain Planning Software 98

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GlobalTranz

AUGUST 11, 2021

The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Shippers should consider the following as indicators for when to add an outsourced managed logistics transportation services provider. This can be a confounding issue.

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3PL Links

APRIL 13, 2023

What is Lean Logistics? 5 Ways to Manage Lean Logistics Effectively | Image source: Unsplash The application of lean management ideas to supply chain performance is known as lean logistics. Lean Logistics analyzes and removes non-value-added operations in order to enhance the flow of commodities and save expenses.

Waste Reduction 62

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Logistics Viewpoints

AUGUST 18, 2021

Look no further that the blog of the Whitehouse Council of Economic Advisors for commentary on the connection between supply chains and inflation. Supply shortages, low inventory to sales ratios, and hiring lags are noted as factors at play. Data as recent as the end of June 2021 show that inventories remain below 1.3

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Dedola Global Logistics

NOVEMBER 6, 2022

Most recently, at Dedola Global Logistics, we’ve helped our customers with issues involving the US rail supply chain due to union negotiations, potential strikes, and importers facing costly delays in shipping. The Economy Impacts the Inventory. We see warehouses completely full with shelves at retailers overstocked. Conclusion.

Supply Chain Planning Software 98

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Dedola Global Logistics

OCTOBER 19, 2022

Most recently, at Dedola Global Logistics, we’ve helped our customers with issues involving the US rail supply chain due to union negotiations, potential strikes, and importers facing costly delays in shipping. The Economy Impacts the Inventory. are putting significant portions of inventory on sale. Conclusion. Contact Us.

Supply Chain Planning Software 98

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Blue Grace Logistics

JULY 5, 2022

There are early signs of decreases in demand within the supply chain, said BlueGrace Logistics CEO Bobby Harris. . Shippers aren’t worried about, ‘Hey let’s just get it here so that we can have excess inventory.’ To read the entire blog visit BlueGrace Logistics. Henry Queen, Reporter.

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Freightos

AUGUST 29, 2023

Blog " * " indicates required fields Email * More Resources Home August 29, 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.

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GoShip Blog

FEBRUARY 5, 2024

When running a small business,one might wonder, how does inventory affect cash flow? How does inventory affect cash flow? The Cost of Goods Sold (COGS) defines the correlation between inventory and your business’s cash flow. When you procure inventory for your business, the capital used is your business’s cash outflow.

Inventory 52

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EazyStock

JANUARY 6, 2023

Getting the basics right Improving forecast accuracy Accurate demand forecasts can help you stay on top of inventory and improve strategic planning for different risk scenarios. Poor forecasting brings a high risk of stockouts or excess and obsolete stock. ABC/XYZ analysis can help identify the most valuable items to your business.

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EazyStock

JANUARY 6, 2023

Accurate demand forecasts can help you stay on top of inventory and improve strategic planning for different risk scenarios. Poor forecasting brings a high risk of stockouts or excess and obsolete stock. For example, one tool updates your ERP system with a delivery time, which the ERP then sends to your inventory optimization software.

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CLX Logistics

FEBRUARY 10, 2022

This blog looks at how the agile supply chain management paradigm has shifted in 2022 and how you can adapt to the changes. A supply chain built around agility has an edge in avoiding potential shortages and eliminating overstocked inventory – a typical response to a lean philosophy. What is Agile Supply Chain Management?

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Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

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Blue Grace Logistics

NOVEMBER 28, 2023

In this blog post, you’ll learn about produce supply chain and the key aspects that ensure the delivery of fresh and sustainable produce to our table. Overproduction can lead to excess inventory, which often goes to waste if not promptly sold, incurring economic losses for all stakeholders involved.

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3PL Links

OCTOBER 4, 2023

Unlock Success: 3 Expert Tips to Skyrocket Your Inventory Turnover Rate | Image source: Pexels Inventory turnover is one of the many measures of a company’s productivity. The average time it takes for your organization to sell the stock it has on hand or the time it takes to replace its inventory, is known as inventory turnover.

Inventory 48

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GoShip Blog

DECEMBER 23, 2022

Generally, back-ordered items comprise goods that are unavailable in the seller’s current inventory but are either already in production or en route from suppliers. Unfortunately, factors like excess demand and supply chain bottlenecks can cause a company to run out of a particular product that a buyer may wish to order at that specific time.

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EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. More expensive borrowing.

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Locus

MAY 25, 2023

Since the start of 2023, we have been witnessing two news stories in the world of supply chain and logistics. Economic Order Quantity (EOQ) is a model businesses use in their supply chain and logistics operations. It implies the number of units businesses should add to their inventory with every purchase order.

Inventory Reduction 52

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Ship Monk

JUNE 9, 2022

In this blog we’re going to succinctly discuss the difference between the two and how they work to your eCommerce brand’s advantage. A warehouse is a large storage space that holds inventory in bulk. Extremely large eCommerce brands may have their own warehouse space, particularly for excess inventory.

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Morai Logistics

JUNE 3, 2020

This week our friends from the Compactor Management Company are contributing to our blog. ” Given their knowledge of waste management, we were more than happy to accept their proposed blog post. .” ” Given their knowledge of waste management, we were more than happy to accept their proposed blog post.

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3PL Links

APRIL 5, 2024

As firms grow in complex contexts and deal with a variety of suppliers, logistical partners, and regulatory challenges, the level of complexity increases. Read also: The Applications and Benefits of IoT (Internet of Things) in Logistics What is a supply chain? requires this cooperative integration.

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3PL Links

AUGUST 23, 2023

8 Best Practices for Efficient Inventory Management | Image source: Pexels Maintaining control over the inventory of items is crucial to ensuring a healthy sales volume and, consequently, reducing operating costs. Read also: Everything You Need to Know About Inventory Management 4. Continue reading to learn more!

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EazyStock

JUNE 24, 2020

Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. Inventory optimization software is an important piece of the puzzle. It is critical to helping inventory management teams understand and manage demand and supply variables.

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EazyStock

AUGUST 29, 2023

Improving businesses and the environment In today’s fast-paced business landscape, inventory management plays a crucial role in determining a company’s success. Whether a small retailer or a large-scale manufacturer, getting your inventory right can significantly impact your bottom line. Do you have sustainability goals?

Supply Chain Planning Software 52

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EazyStock

DECEMBER 13, 2020

Did you end the year with a large amount of excess or obsolete stock? Optimize Inventory. Start with a detailed overview of what inventory is currently in your supply chain. Next comes crafting an inventory management plan to mitigate your greatest risks. How did you react – and were your changes and decisions successful?

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Blue Grace Logistics

SEPTEMBER 12, 2022

The Logistics Blog®. BlueGrace Logistics. Large consumer packaged goods (CPG) companies were struggling to keep warehouses stocked with domestic inventory and were scrambling to import more from overseas. The Current State of Imports and Exports Show Submenu Resources. Whitepaper. Case Study.

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EazyStock

SEPTEMBER 25, 2018

To stay ahead, tech-smart operations, savvy professionals are using logistics and supply chain mobile applications as must-have tools for operational excellence. These apps help companies achieve every business process from tracking inventory and shipments to booking meetings with clients to tracking tasks and projects.

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Blue Grace Logistics

SEPTEMBER 8, 2022

Large consumer packaged goods (CPG) companies were struggling to keep warehouses stocked with domestic inventory and were scrambling to import more from overseas. Fast forward to 2022–much of that ordering has come through, warehouses are now stocked to the brim, and domestic inventories are at record levels.

Material Savings 62

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Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Read Also: How To Power Up Your Retail Last-Mile Fulfillment To Meet Soaring Demand Why is Shelf Replenishment Complicated Logistically?

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

Blue Grace Logistics

MAY 6, 2022

Data and optimization can improve efficiencies in supply chains, save shippers money and reduce greenhouse gas emissions, according to logistics experts who shared insights last Friday in honor of National Supply Chain Day. “In 3PLs are kind of the cloud platform as a service of logistics and supply chains,” Ratzki said. Freightwaves.

Supply Chain Design Software 62

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SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service.

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FreightWaves SONAR

SEPTEMBER 16, 2021

In addition to port congestion and a shortage of containers, rates across the ocean have soared to unprecedented levels, well in excess of $20,000 per 40-foot container. Benchmark, analyze, monitor and forecast everything that is happening around the logistics world with SONAR. Request a SONAR Demo. Request a SONAR SCI Demo.

Freight 98

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GoShip Blog

DECEMBER 22, 2022

The logistics industry constantly evolves to meet the ever-changing demands of today’s global economy. With the hurdles of 2022 behind us, here are logistics trends 2023 you can expect in the coming year. Automation and AI for Flexible Logistics Strategies. Environmental Regulations. The future, as they say, is green.

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Locus

DECEMBER 7, 2021

Africa-based executives had by far the highest rate of reporting logistics shocks (48%), not a surprising result given the poor state of infrastructure across much of the continent. Oil price and logistics operating cost follows a linear pattern, and if we double our fuel prices, operating cost would increase by about a factor of 1.8.

Optimal Sourcing 52

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FreightWaves SONAR

DECEMBER 3, 2020

Analytics-driven processes to reduce excess inventory. Yet analytics-driven processes can reduce excess inventory. And they keep inventory levels lean. One of these metrics is the Logistics Managers Index (LMI), which SONAR provides users. The urgency over fast payment amounts to excess freight spend.

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Ship Monk

JANUARY 20, 2023

In PART 2 of our epic ecommerce terms guide and glossary, we’re here for you—the ecommerce merchants and entrepreneurial warriors of the world—to explain key terms relating to ecommerce, logistics, fulfillment, inventory, and more. To the supplier, the steel is merchandise inventory (a.k.a. finished goods). Product Level MOQ 2.)

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