Ship Monk

JULY 27, 2022

What percentage do they account for in overall sales? 1 Passive Demand Forecasting – Passive demand forecasting, or trend projection, uses historical sales data to predict future sales. The COVID-19 pandemic was a prominent example. #5 After all, who knows your customers better than the people selling to them? #5

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

EazyStock

DECEMBER 13, 2020

Did you have frequent stock-outs after adjusting your forecast? For example, did you take out a loan through the Paycheck Protection Program ? For example you should adopt a different demand forecasting technique for mature products with steady demand, compared to items in decline where demand is become more erratic and lumpy.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

EazyStock

DECEMBER 13, 2021

After all, nobody likes surprises! For example, when there is only a day, a week or a month’s worth of stock left, based on the item’s average sales. This will give you an additional buffer of stock, in case a delivery is late or you have an unexpected surge in sales or additional production run.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

Conger

JULY 22, 2021

For example, these systems can handle tasks ranging from: Receiving goods. For example, a Shopify storefront is an eCommerce platform. A Shopify storefront is an example of an eCommerce platform. Take our Shopify example again. One of the best ways to determine this is to request a demo from the vendor.

Supply Chain Design Software 52

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

Ship Monk

AUGUST 3, 2022

Not all of those examples are exactly illustrious, but they do (for the most part) prove that two heads really are better than one. Another way to look at a logistics service provider is to think of it as the before, during, and after of order fulfillment. The sky is the limit, after all!

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

Ship Monk

NOVEMBER 14, 2022

While ecommerce has experienced boom after boom, 2022 has proven to be an interesting year in its already storied history. How did your ecommerce business’s regular sales compare to seasonal sales last year? When did your sales spike, and when did they return to their normal status? Slice of cake. Fruitcake. #2

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Turvo

DECEMBER 10, 2021

Tom Zeis, CIO of Port X Logistics, and Jeff Gran, VP of Sales Engineering with Turvo were recently invited to speak on Supply Chain Now about the success of their partnership. . In one example of deploying Turvo’s unified solution, a shipper and manufacturer in Germany became a system tenant user for Turvo through Port X.

Collaboration 80

Collaboration Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 80

EazyStock

MAY 11, 2021

Your inventory’s ‘value’ can be based on a number of criteria, such as annual sales revenue, profitability or annual consumption value. The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

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. Gathering data after the fact is standard, but collecting data in near-real-time is even better. Request a SONAR Demo. Near-real-time data.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FreightWaves SONAR

APRIL 19, 2021

For example, let’s examine a load going from Denver, Colorado to Fort Wayne, Indiana. This is a perfect example of how we can lower carbon emissions and improve carrier capacity. These are two simple examples of methods freight brokerages can use to help reduce the impact their operations have on the industry’s carbon footprint.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Material Savings Sourcing Strategies 52

FreightWaves SONAR

MARCH 12, 2021

Your sales team has the freedom to call any customer under the sun. Your carrier sales team is able to provide back up capacity instantly. Anyone that has made sales calls at a non-asset brokerage has heard this response daily: “DO YOU HAVE TRUCKS?”. Request a SONAR Demo. Being a non-asset brokerage has its perks.

Purchasing Skills 90

Purchasing Skills Modeling Software Procurement Analytics After-sales 90

EazyStock

FEBRUARY 7, 2020

For example, some will be at the growth stage with either positive demand or ‘fast’ demand e.g. selling a steady volume. After all, tying up capital in excess stock increases your opportunity costs, meaning you have less cash to invest in new lines or opportunities. Let’s look at each in more detail: Identifying Demand Types.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

OCTOBER 31, 2022

Promotion management If you have upcoming promotions, price changes or other internal data that could impact demand, ensure you get this from sales and marketing teams. Look at your past sales data to create a statistical forecast. For example, market growth potential and the percentage gain of market share over a set period.

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

If you have upcoming promotions, price changes or other internal data that could impact demand, ensure you get this from sales and marketing teams. Look at your past sales data to create a statistical forecast. For example, market growth potential and the percentage gain of market share over a set period. Promotion management.

Supply Chain Planning Software 52

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

Shipchain

JANUARY 29, 2019

As the internet grew to become a primary sales funnel, the risk of cyber attacks grew more prominent. Even in non-malicious instances, users have the ability to edit or delete data after the fact. An Example of Blockchain in the Supply Chain. This creates a problem, and blockchain has the potential to solve it.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Tracking and Tracing 78

Locus

FEBRUARY 27, 2023

A sample product or free trial is the best example of this. These constraints can eat up the costs and disturb your margins if not looked after. Identify business-specific challenges Firstly, Locus’ sales representatives listen to the clients’ problems. Schedule a Demo!

Optimization Software 52

Optimization Software Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills 52

Ship Monk

MARCH 11, 2024

And when we feel uncertain, humans tend to look for examples of what others in our situation have done. We’ll give you some examples of social proof, and we’ll even rank them in terms of trustworthiness. After all, opinions are subjective; they can be wrong, and they can change on a whim (or a single post from an influencer).

eCommerce 92

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 92

Ship Monk

DECEMBER 22, 2022

When you’re first starting an ecommerce business, packing and shipping your products is the easy part, after you’ve done all the hard work of developing, producing and marketing a product. Most of their time is spent on fulfillment operations, which can also distract from sales and marketing efforts at the front of the pipeline.

Modeling Software 52

Modeling Software Logistics Network Optimization Software Supply Chain Software Inventory Reduction 52

GlobalTranz

APRIL 6, 2016

In other words, after accounting for monthly operating and subscription costs, the most conservative return on investment estimates for the use of a TMS in today's operation stand out at least 5.75-percent For example, at Cerasis we have a report called the "Least Cost Compliance" report. Fill out a demo request today !

Supply Chain Design Software 50

Supply Chain Design Software Supply Chain Planning Software Modeling Software Transportation 50

FreightWaves SONAR

APRIL 29, 2021

The pandemic has sent the retail industry on a K-shaped trajectory — the final straw that has sent many retail chains into bankruptcy while also contributing to a surge in sales for many of the leading chains. See the tsunami of volumes before and after they arrive into the U.S. Retail use case No.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

NOVEMBER 9, 2020

For example, ULSDR.CHI shows the average wholesale price of diesel in the Chicago market while ULSDR.USA shows the average wholesale price of diesel nationally. For example, the Atlanta market is supplied with diesel by Colonial Pipeline, which runs from the Houston area to the New York region. Request a SONAR Demo.

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

Locus

JUNE 23, 2023

As a critical component of the sales process, order fulfillment ensures customers receive the order on time. With an efficient order fulfillment process, businesses can reduce their shipping costs and improve their turnaround times which helps them increase their sales and revenue. Why is order fulfillment important?

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Locus

APRIL 5, 2022

In 2023, an estimated 17 % of B2B sales are expected to be generated digitally. – Statista, Share of US B2B Sales via E-commerce 2019-2023. After digitalization. After digitalization, B2B logistics businesses have become increasingly aware of their order fulfillment operations. After digitalization.

Digital 52

Digital Supply Chain Planning Software Optimization Software Supply Chain Software 52

Ship Monk

FEBRUARY 8, 2023

A metric is any standard you use to measure or evaluate something, like sales figures or number of orders per day. For example, items that are ordered most frequently might be stored closest to the packing stations, or items that are frequently ordered together might be stored in close proximity to each other.

Optimal Sourcing 59

Optimal Sourcing Operations Optimization Software Inventory Reduction 59

Conger

FEBRUARY 5, 2024

After addressing these questions, you can confidently select the forklift brand and model that best meets your operational needs. Settle on a Forklift and Test Drive After all the research and settling on a particular forklift, you can schedule a demonstration (i.e., Ownership: How does the ownership model of the truck look?

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Purchasing Skills Negotiating Skills 52

FreightWaves SONAR

MARCH 24, 2021

You see examples of this strategy in large brokerages today. Examples of portfolio diversity in the freight business. Using SONAR tickers, PIMS, CSTM and FBXD, you will be able to guide your sales teams to diversify your freight business portfolio for long-term, stable growth. SONAR Port Import Market Share (PIMS).

Freight 72

Freight Price Reduction Cost Reduction Inventory Reduction 72

Ship Monk

NOVEMBER 3, 2022

Find out exactly what goes on after you hit that “buy” button. For example, some fulfillment centers are reliant on paper and manual data entry, while ShipMonk’s industry leading software provides order, inventory, and warehouse management that is both powerfully robust and completely user-friendly. The Pick and Pack Process.

Packing 52

Packing Logistics Network Optimization Software eCommerce Picking 52

Freightos

JULY 11, 2017

One of the first rules forwarders drill into their sales teams is that it’s all about key accounts. But as markets shift, technology shifts and, most importantly, margins shrink , forwarders are starting to revisit this core tenet of sales. For example, there are over 100,000 companies that sell over $100,000 worth of goods annually.

Purchasing Skills 61

Purchasing Skills Price Reduction Cost Reduction Manufacturing Procurement 61

GlobalTranz

FEBRUARY 24, 2015

In the communications, media, and high-tech industries, for example, it’s common for original equipment manufacturers (OEMs) to price goods on a cost-plus basis, with incentives to expedite hot products, such as the latest smartphone. Shows you the freight cost savings lost by not selecting the least cost carrier. Matrix Report.

Data 94

Data Transportation Cost Reduction Material Savings 94

247 Customs Broker

JANUARY 9, 2019

According to Jeremy Sassatelli , telematics sales and operations manager for Toyota Material Handling USA , adoption of telematics has doubled in the last three years. Kevin Paramore, sales and marketing manager for motive power and telematics at Yale Materials Handling Corp. A secondary checklist, for example, takes just two minutes.

Supply Chain Planning Software 28

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Modeling Software 28

FreightWaves SONAR

MARCH 5, 2021

As explained by the Small Business Chronicle , “Projected costs are based on prior sales numbers and anticipated increases in expenses. After all, wide deviations within predictive rates can still add up to big trucking revenue changes over a week, month or year. Request a SONAR Demo.

Freight 98

Freight Cost Reduction Expense Reduction Price Reduction 98