Ship Monk

OCTOBER 17, 2023

Managing inventory is a pivotal part of peak season for every ecommerce store, regardless of size or industry. Underestimate inventory needs and buyers can have a negative experience with your brand because of backorders or stockouts, or you could just flat out lose business. A big part of that is inventory management.

Inventory Reduction 64

Inventory Reduction Inventory Optimization Software Supply Chain Planning Software 64

Stord

MAY 8, 2024

What is the biggest logistics challenge facing e-commerce/DTC & B2B companies this year and how can it be overcome? (And what should e-commerce/DTC & B2B companies be doing to get ahead of these challenges?)

Optimal Sourcing 158

Optimal Sourcing Supply Chain Planning Software Inventory Reduction Optimization Software 158

GoShip Blog

JULY 15, 2022

It refers to the steps a business takes in responding to customer orders, from the point of sales inquiry to inventory intake and final delivery. Your order fulfillment strategy has a direct impact on your brand’s success and customer retention rates. Check out our free quotation tool to find the best rates from carriers around you.

Inventory Reduction 52

Inventory Reduction Cost Reduction Modeling Software Ordering 52

EazyStock

AUGUST 21, 2020

So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction? There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Top five inventory reduction methods .

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

Ship Monk

SEPTEMBER 14, 2023

If you’re not employing a multichannel sales strategy, you’re clearly missing out. But what, exactly is a multichannel sales strategy, and is it worth the investment? Shopping platforms also make it easier to integrate third-party apps such as payment systems, returns apps, fulfillment automation, and inventory management.

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

EazyStock

FEBRUARY 1, 2021

Better Inventory Management for eCommerce. trillion by 2023 , indicating a need for more robust online sales strategies. trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Blue Grace Logistics

MARCH 26, 2024

What strategies can businesses employ to optimize these costs, enabling them to streamline operations and enhance efficiency? By analyzing historical trends, demand patterns, and performance metrics, businesses can make informed decisions to optimize inventory levels, minimize excess stock, and enhance resource utilization.

Negotiating Skills 90

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 90

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

EazyStock

NOVEMBER 17, 2020

What is ERP inventory management? When it comes to inventory management, ERP systems are ideal for tracking stock along the supply chain, monitoring stock levels and order processing. ERP inventory management limitations. ERP inventory management needs sophisticated demand forecasting.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Supply chain strategies have come into the spotlight as volatile demand and complicated global markets have made supply chains more complex.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

WorkWave

DECEMBER 8, 2023

This function plays a crucial role in the supply chain management process and is an integral part of a company’s overall logistics and operations strategy. Inventory Accuracy and Turnover Accurate inventory management is essential for efficient inbound logistics.

Inbound 52

Inbound Optimal Sourcing Logistics Network Optimization Software Inventory Reduction 52

Ship Monk

AUGUST 22, 2022

SKUs are vital to inventory management and the success of any business—as pivotal to operations as a binding agent is to a meatball (i.e. A SKU is a code (typically 8 – 12 alphanumeric digits long) assigned to the items in your inventory. But how exactly is a SKU created and structured? What is a SKU? Creating a SKU.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Logistics Viewpoints

MARCH 21, 2024

Self-distribution is an increasingly popular option for healthcare systems to consider when deciding how to manage their supply chain. The challenges brought about by the pandemic made many rethink strategy when it came to inventory, stock on hand, secondary options and the ability to guarantee supply and resiliency.

Supply Chain Planning Software 129

Supply Chain Planning Software Optimization Software Supply Chain Software Inventory Reduction 129

Logistics Viewpoints

JUNE 9, 2022

This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. Both predictive and retrospective data analyses are key in making fundamental decisions and defining logistics strategies.

Optimization Software 135

Optimization Software Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 135

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Managing inventory is a complex business. 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. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Carter Logistics

APRIL 30, 2019

How to Take On Today’s Cross-Border Shipping Challenges. To turn the challenges into their competitive advantage, cross-border shippers must analyze the current issues that are affecting their supply chain, adhere to all regulations and requirements, and capitalize on more efficient supply chain strategies. Blog Topics.

Sourcing Strategies 104

Sourcing Strategies Cost Reduction How To Inventory Reduction 104

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. Tools like dashboards and reports are commonly used. AI can play an important role in inventory optimization. Here, standardization plays a vital role.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. Tools like dashboards and reports are commonly used. AI can play an important role in inventory optimization. Here, standardization plays a vital role.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

EazyStock

FEBRUARY 11, 2021

Better Inventory Management for eCommerce. As more and more businesses sell online, they are starting to see the impact that eCommerce has on their inventory management operations. In this post we discuss how eCommerce is affecting inventory management strategies. Let’s take a look at each in more detail.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory Price Reduction 52

Globalior

APRIL 17, 2021

Inventory management is an important part of supply chain management. Inventory management can be very vaguely described as optimizing the inventory level between maximum and minimum acceptable levels for every SKU. How to optimize inventory to keep a minimum stock? Prioritize.

Inventory Reduction 52

Inventory Reduction Inventory Efficiency Supply Chain Planning Software 52

CH Robinson Logistics

DECEMBER 15, 2021

However, with this year’s volatility, I was also given a front-row seat to a new level of hyper collaboration – including individuals going out of their way to help each other, more strategy sessions between shippers and forwarders, and continually leaning into historical data and current market insights to find smarter solutions.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

GlobalTranz

AUGUST 28, 2018

On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. How sound inventory management improves the supply chain, and what are the adverse impacts to the supply chain due to poor inventory management.

Optimization Software 48

Optimization Software Supply Chain Software Logistics Network Optimization Software Inventory Reduction 48

Log-hub

DECEMBER 8, 2023

To jump straight to the point, some basic strategies for handling rising transportation costs, which we’ll cover in this Playbook, are related to optimal network design and route optimization. So let’s dive in, and figure out how to do it with Log-hub’s solutions. Vehicle initiation costs have increased by 50% in year 2023.

Cost Reduction 52

Cost Reduction Optimal Sourcing Handling Supply Chain Design Software 52

Logistics Viewpoints

DECEMBER 5, 2023

This plan should outline specific steps to be taken in the event of a breach, including who to contact and how to contain and mitigate the damage. This information is then used to develop a risk management strategy that takes into account the potential impact of different types of cybersecurity incidents.

Supply Chain Planning Software 144

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Vendor Strategies 144

Ship Monk

JUNE 30, 2023

We’re going to show you how to identify KPIs for your business by breaking the process down into three parts. Fortunately, most metrics are tracked automatically, using various tools and software systems. Once you understand the method, settling on the best KPIs for your business gets a lot easier. That’s not the hard part.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

Logistics Viewpoints

JUNE 22, 2023

Ultimately it allows the measurement of a business’ ability to deliver on their promise while capturing the highest gross margin on their inventory investment. How to measure OTIF: OTIF measurements pose challenges for organizations regardless of their type or industry. How can an OMS help improve OTIF?

Supply Chain Software 114

Supply Chain Software Supply Chains Modeling Software Optimization Software 114

GlobalTranz

APRIL 13, 2021

Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Preparing your supply chain for resiliency begins with risk management and a proactive strategy. And it bounces back, perhaps taking on new shapes as necessary in response to the latest disruption.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 82

WorkWave

FEBRUARY 20, 2024

As an electrical contractor, knowing how to estimate electrical work can make the difference between profit and loss. From reviewing job specifications to sending the proposal, this comprehensive guide will show you how to estimate electrical work the right way. This tool will simplify operations for your electric company.

Negotiating Skills 52

Negotiating Skills Purchasing Skills How To Modeling Software 52

Logistics Bureau

NOVEMBER 16, 2020

Certified in Production and Inventory Management (CPIM) : The course covers ground such as knowledge of production and inventory management, internal operations, and customer relations. Certified Supply Chain Professional : Learn how to develop streamlined supply chain operations. Marketing Yourself. Finance managers.

Supply Chain Planning Software 115

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

ShipLilly

JUNE 28, 2021

Thankfully some strategies can be used to mitigate the cost. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations. Figuring out how to handle these returns has been a challenge facing suppliers all over. Return and Repair Policy Framework. Returns are underpinned by consumer choice.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

EazyStock

MARCH 17, 2021

In this piece, we’ll take a look at some of the top types of supply chain disruptions, the impacts that they have on your supply chain, how to mitigate whatever risk you can and finally how you can handle supply chain disruptions once they occur and come out on top. How can you keep operations running smoothly in the interim?

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Here’s how to do it: Label aisles, rows and bins with floor or overhead placards so employees can identify the correct location quickly and easily. Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

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. 1] Chemical supply chain planning specifically refers to applying supply chain planning principles and strategies within the context of the chemical industry.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 82

GoShip Blog

DECEMBER 29, 2022

Shipping costs often leave the affected parties no choice but to learn how to deal with it. Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. Carriers like USPS provide tools that can be used to generate shipping labels from anywhere in the world.

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

Logistics Viewpoints

MARCH 25, 2021

How To Overcome Supply Chain Disruption. Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 185

Logistics Business Magazine

FEBRUARY 4, 2024

This quieter time offers a chance for supply chains to assess what strategies worked well during the peak and what areas need refinement. Fine-Tuning Inventory Once the rush calms down, the main aim is to make the necessary inventory changes and recalibrate strategies.

Supply Chain Planning Software 50

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 50