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Using ABC Analysis in Inventory Management

EazyStock

What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. 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.

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The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization

Freightos

I can’t export maritime incident data from the US Coast Guard (which could use some tech) but based on this report there were 18 bridge allisions in the United States between 1960 and 2015. Over that same period, the US imported 37 trillion dollars worth of goods. Here’s another manifestation of how far we have come.

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10 Issues Keeping Manufacturers and Distributors Up At Night for 2015

GlobalTranz

We believe they are worthy of discussion in 2015 as they are more pressing than ever as competition continues to heat up with current incumbents and the growing competition from start ups. Conduct a customer analysis. As a manufacturer, how can I use the same tools to better market to my distributors?

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Case Study: Tooling Up with Storage and Picking System

Logistics Business Magazine

Toolstream is sole distributor of more than 6,000 branded hand tools, power tools, hardware & fixings, to retailers, wholesalers and merchants throughout Europe. The post Case Study: Tooling Up with Storage and Picking System appeared first on Logistics Business® Magazine.

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Where Does Supply Chain Design End and Planning Begin? (Takeaways from LLamasoft’s SummerCon 2017 Conference)

Talking Logistics

As I wrote two years ago in my supply chain and logistics predictions for 2015 : Historically, Supply Chain Design was an exercise companies undertook at most once a year, or when a significant change occurred in their supply chain, such as an acquisition. competitive threats, new regulations, more stringent customer expectations).

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[INFOGRAPHIC] Digital Disruption: Closing the Connectivity Gap in Manufacturing with Digital Operations

GlobalTranz

Manufacturers need to focus on their core in order to stay competitive, and technological tools, such as our Cerasis Rater, a transportation management system , allow for streamlined process in managing transportation, giving back precious time, money, and focus to our manufacturing customers. billion individuals join the consuming class.

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The (Internet of Things) IOT Supply Chain Benefits Now Coming Clearer

GlobalTranz

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Analysis of Trends and Recommendations. In some cases, human intervention and input will be completely eliminated. IoT and Machine Functionality.