EazyStock

DECEMBER 13, 2021

To do this you need to know what stock items are most ‘at risk’ of running out, when are they likely to run out, and by how much you are likely to be short. After all, nobody likes surprises! Important risk of stockout KPIs include: Number of stock days – how many days stock you have left until you run-out. Demand forecasts.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

GoShip Blog

APRIL 22, 2022

When it comes to supply chain and logistics, analyzing customers’ preferences can set the tone for your transportation volumes and sales growth. How to implement demand forecasting in your supply chain? For instance, if you’re a successful eCommerce retailer, you may want to know how to draw more customers by boosting your website.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 40

GoShip Blog

DECEMBER 26, 2018

Customer experience is someone’s experience involving every interaction of a business and a customer, including pre-sale and after-purchase communication and experience. What is customer experience? A recent study by American Express stated that 60% of customers would pay more money to get a better experience shopping.

How To 75

How To Study Logistics Network Optimization Software After-sales 75

Logistics Viewpoints

MARCH 8, 2021

Sales of some products decreased greatly, while sales of others boomed driven by a change in consumer habits towards different cosmetic product categories. Using network design solutions, the company saved millions of dollars based on better decisions on how to utilize their network. The pandemic has increased complexity.

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Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 153

EazyStock

FEBRUARY 7, 2020

In this post we’re exploring how to manage inventory effectively when you’re faced with a growing product portfolio. After all, tying up capital in excess stock increases your opportunity costs, meaning you have less cash to invest in new lines or opportunities. Increased stock levels to ensure stock availability. Challenge no.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

FEBRUARY 26, 2020

After all, your competitor is just a click away. ABC analysis is a simple way to segment your stock based on its value to the business. The post How To Improve Stock Availability appeared first on EazyStock. One way to do this is to use an inventory classification model. Contact us for more information on EazyStock.

Availability 52

Availability How To Inventory Reduction Optimization Software 52

Logistics Bureau

MAY 24, 2021

After years of focus on just-in-time shipping and inventory minimization, few companies were ready for the chaos that COVID-19 wrought on their supply chains. Turnover Days and How to Calculate Them. The formula looks like this: Maximum lead time x maximum daily sales – average lead time x average daily sales.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

SYSPRO Smarter ERP

FEBRUARY 23, 2022

These will require a re-think of how to manage products, streamline the business and interact with customers. After-sales support. An ERP system can help medical device manufacturers to manage after-sales services, such as unscheduled maintenance, warranty management, repair and defect identification.

Manufacturing Procurement 105

Manufacturing Procurement ERP Supply Chain Design Software Supply Chain Planning Software 105

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. In part two, Chuck focuses on how to draft your terms and conditions. How to Begin Your Terms. Writing your terms of use can be a monumental task for anyone.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

FreightWaves SONAR

DECEMBER 16, 2020

Of all the various freight broker sales tips, setting the hook is essential for getting and keeping a prospect’s attention. . Using a hook shows that you are not just calling down a list of companies, but have done your research and might have something of value in freight broker sales to share with them. . 1: Company website.

Tips 59

Tips Freight After-sales Conference 59

Talking Logistics

SEPTEMBER 12, 2017

How to make it happen in your company: Infuse engagement and excitement into your team by reinforcing a bigger goal and more long-term growth conversations. How to make it happen in your company or on your team: If you’re struggling with inter-site communication and productivity, consider implementing a site Hoshin Plan.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Software Supply Chains How To 63

Logistics Viewpoints

JUNE 26, 2023

But how to do this was very ambiguous. Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. The analysis was not all that accurate.

Supply Chain Planning Software 125

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 125

Logistics Bureau

AUGUST 1, 2022

Has your company ever suffered problems with, implemented, or even considered implementing a sales and operations (S&OP) planning process? More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

EazyStock

OCTOBER 31, 2022

They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Demand forecasting provides the information management teams use to plan how to meet that demand. These could be quantitative methods such as exponential smoothing, regression analysis or econometric forecasting.

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Demand forecasting provides the information management teams use to plan how to meet that demand. These could be quantitative methods such as exponential smoothing, regression analysis or econometric forecasting.

Supply Chain Planning Software 52

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

Logistics Bureau

AUGUST 7, 2023

To kick off our brief guide, we’ll look at the challenge of managing inventory effectively across multiple sales channels. Multicha nnel Sales Complexity: Organise, Organise, Organise Does your company operate in the ecommerce sphere? So what can you do to ensure your inventory management meets the challenge of multichannel sales?

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

247 Customs Broker

NOVEMBER 16, 2018

To better understand true cost and volume impacts, Zipline Logistics evaluated a sample of 33,000 shipments, comparing data prior to the 2017 Tropical Storm Harvey with data after the event. Data shows that the Average Cost Per Load after the 8/26 hurricane went up by $159.58, or 11% and that the Average Cost Per Mile increased by 15%.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 28

FreightWaves SONAR

JUNE 1, 2023

After all, when trucking carriers are rejecting just 3% of the shipments that shippers tender them, there are fewer fires to put out, and less pressing need for new digital capabilities. Enterprise software sales cycles alone can take six months.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 52

Ship Monk

FEBRUARY 24, 2024

When you order inventory, you want to ensure you have enough stock to meet demand, especially around sales and peak season. After a decade of leadership in the third-party logistics services space, ShipMonk can say without a doubt that the best budget-friendly tip in this regard is to find an expedited shipping option that works for you.

eCommerce 88

eCommerce Inventory Reduction Tips Waste Reduction 88

AIMMS

FEBRUARY 2, 2015

Retail analytics are typically fruitful due to the availability of granular EPOS sales data and the ability to predict how products will move through their lifecycle due to the differing levels of fashion maturity in each geography. The answer can’t be too different, right? The slides were presented to the CIO and CFO.

Optimization Modeling 84

Optimization Modeling Optimization Software Optimization Supply Chains 84

Logistics at MPEPS at UPV

MARCH 31, 2019

How to achieve a competitive advantage through Distribution Networks. After the lesson on distribution networks, I researched to complete the training a bit more and I found how to obtain efficiency on the distribution. Study of the environment This analysis allows to detect opportunities and threats.

Distribution 40

Distribution Inventory Reduction Cost Reduction Networks 40

AIMMS

SEPTEMBER 17, 2019

The software had been around for a reasonable amount of time, so the number of people who knew how to use it was dwindling. We wanted to have a robust analysis that we fully understood. But the speed of analysis did not match the speed of decision-making required by the business. It was the opposite: aggressive and inflexible.

Supply Chain Design Software 102

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 102

FreightWaves SONAR

FEBRUARY 2, 2021

As reported by Supply Chain Digest , “Online shopping is rapidly increasing as a share of retail sales, creating new demands for faster and cheaper delivery of goods straight to consumers. And national freight indices are helping all freight management segments boost pricing strategies and understand how to better prioritize their operations.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

Logistics Bureau

JULY 10, 2023

Let’s begin with a challenge that often frustrates leaders of companies in the startup phase, especially smaller organisations— how to access dedicated logistics expertise , resources, and infrastructure. Is a 3PL Right for Your Business? The achievement is even more admirable if it did so without a 3PL partner.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

GlobalTranz

JULY 22, 2015

A post audit looks at the information related to a shipment's freight charges after you've been billed. Essentially, when one evaluates invoices received from carriers, freight auditing focuses on finding out exactly what charges were applied to a shipment and how they impact your bottom line. Shipping costs. Insurance costs.

Negotiating Skills 94

Negotiating Skills Freight Resource Reduction Cost Reduction 94

Ship Monk

APRIL 28, 2023

It requires a lot of introspection and critical analysis of your operation. We need to protect it, and ecommerce brands have a responsibility to help do so and offset the carbon footprint they create the same way a person who breaks a mug has a responsibility to grab a broom and clean up after themselves. The problem?

eCommerce 66

eCommerce Waste Reduction How To Material Savings 66

Logistics Business Magazine

DECEMBER 16, 2021

Poor reverse logistics management – For every sale made and item shipped, there is a chance it will end with a return. Reliance on real-time data and analysis. Active monitoring and tracking of products throughout and after their useful life. How to start your Scope 3 emissions reduction journey.

Waste Reduction 62

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 62

Logistics Bureau

OCTOBER 10, 2022

Therefore, to avoid falling short of your service standards, you need to hold enough stock to ensure you can fulfill every sale or order, even in the face of supply chain shocks and demand spikes. The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. 2: Forecast Accuracy.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

AIMMS

SEPTEMBER 17, 2019

The software had been around for a reasonable amount of time, so the number of people who knew how to use it was dwindling. We wanted to have a robust analysis that we fully understood. But the speed of analysis did not match the speed of decision-making required by the business. It was the opposite: aggressive and inflexible.

Supply Chain Design Software 62

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 62

Conger

JULY 22, 2021

How to choose the right system for you. How to Choose an eCommerce Warehouse Management System. How to Choose an eCommerce Warehouse Management System. After all, demos give you first-hand experience before you spend your money. So make sure you conduct a thorough analysis of the costs versus the benefits.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software eCommerce Logistics Network Optimization Software 52

Logistics Bureau

MAY 8, 2023

That’s the first big mistake I want to address in this article, after which I’ll share information about ten other freight management mistakes we commonly see at Logistics Bureau while working with clients on supply chain improvement. 1: The Mistake of Minimalist Freight Management So, what about this minimalist management issue?

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

GlobalTranz

DECEMBER 7, 2015

This collaboration is driven by companies looking to increase sales by offering online product recommendations and promotions, as well as end-customers seeking the rich and personalized online experience that many retail websites offer. Predictive analytics help manufacturers forecast future sales based on past sales.

Manufacturing Procurement 81

Manufacturing Procurement Trends Supply Chain Design Software Supply Chain Planning Software 81

Conger

MAY 24, 2023

Automatic replenishment is a computerized method of analyzing inventory levels, lead times, and sales requirements to create replenishment plans and automatically reorder stock as needed. This can help avoid lost sales due to out-of-stock items. And fewer delays mean happier customers, which means more sales.

Replenishment 40

Replenishment Supply Chain Planning Software Supply Chain Design Software Optimization Software 40

GoShip Blog

APRIL 7, 2022

This will help orient you on the industry you are in and how to navigate your company’s needs. At the very least, if you know how the supply chain operates, you can gauge freight volumes and their costs. Therefore, it is crucial to familiarize yourself with the basics. The volume of your knowledge matters.

Tips 40

Tips Transportation Price Reduction Supply Chain Planning Software 40

Blue Grace Logistics

DECEMBER 14, 2017

After talking about the amazing venue and beautiful Clearwater, FL beaches, he discussed the current status of BlueGrace, it’s business and employees. After a short intermission, Don Hutson “The One Minute Negotiator” taught everyone about his successful career in speaking, management and sales. Monday | Day 1.

Conference 48

Conference Negotiating Skills Logistics Network Optimization Software Presentation 48

Logistics Bureau

APRIL 4, 2022

Here is an overview of the most valuable benefits: More informed freight spending: Because freight benchmarking involves the analysis of carriers and the rates paid by companies using them, it gives you an evolving picture of clarity about your freight spending. Freight Benchmarking: How to Do it Right.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

Logistics Bureau

JULY 18, 2022

Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Now you know what your customers genuinely expect from your outbound and reverse supply chain, so it’s time to undertake a gap analysis. After all, even extensive articles dedicated to the topic can barely scratch the surface. Lean supply chain practices.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106