EazyStock

MARCH 9, 2021

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. Focus on your category A items.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

Ship Monk

DECEMBER 15, 2023

year over year, but that is a steep slowdown from Black Friday 2022 when YoY sales showed 12% growth over Black Friday 2021. Discounts According to Adobe , discounts peaked at 31% in the electronics category, toys (27%), computers (24%), and apparel (23%). Perhaps this will be the year to invest in more powerful data analytics tools.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

EazyStock

MAY 11, 2021

In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis. Using ABC classification you can therefore split inventory into three categories: Category A: this is the smallest category and consists of the most important stock items.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. In March, we wrote about many of the issues impacting chemical bidding and benchmarking carrier rates in 2021. Service Level Benchmarking.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Locus

DECEMBER 7, 2021

– Lloyd’s Report, 2021. The table below shows what is the industry standard for four major risk categories, this can be used to benchmark what is one’s current risk maturity level. Based on the criticality of raw material and difficulty in sourcing, we can have four categories of suppliers. References. link] [link] [link].

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Logistics Bureau

OCTOBER 20, 2021

These metrics will typically be divided into functional categories, each supporting the top six cross-functional KPIs. Since we first drafted this blog post back in 2017, the technology to simplify KPI collation and visualisation has become more accessible, powerful, usable, and affordable. The last update was added in October of 2021.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

Logistics Viewpoints

JANUARY 20, 2023

According to a company blog post, Amazon will also now provide sellers with an estimated capacity limit “for the following two months to help sellers plan over a longer time horizon.” It was priced at $12 a year for some time, though the company increased its pricing to $18 in December 2021.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Planning Software Logistics Events 115