EazyStock

MARCH 9, 2021

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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Analysis Inventory Optimization Software Procurement Solutions 83

Trinity Logistics

JANUARY 19, 2024

They’re just available more widely today because of the lowered cost of processing power, rise in cloud technology availability, and ability to push it out in more cost-effective manners. There are advances in the works to help “fact check” the tool, but you must remember whatever Generative AI does today is opaque.

Supply Chain Software 116

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 116

Logistics Viewpoints

APRIL 10, 2024

For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems. Develop and implement contingency plans and recovery strategies, using tools such as business continuity plans, crisis management teams, and emergency response protocols.

Supply Chain Planning Software 138

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 138

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. By implementing business intelligence (BI) solutions, manufacturers can gather and analyze this data, making it immediately available to decision-makers who can use it to make informed decisions and take prompt action.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

GlobalTranz

MARCH 24, 2015

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. The ATA can also provide you with specific materials on the subject.

Purchasing Skills 94

Purchasing Skills Cost Reduction Analysis Procurement Analytics 94

20Cube Logistics

NOVEMBER 13, 2019

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. According to Forbes, predictive analysis is mandatory in logistics as it relies heavily on accuracy and timeliness to achieve success. The supply chain market is set to grow from 4.56

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Supply Chain Software Analysis Supply Chains Inventory Reduction 40

Logistics at MPEPS at UPV

MAY 2, 2023

This disparity may be attributed to the limited bargaining power and economies of scale available to SMEs, as well as their reduced access to resources and expertise (Singh & Sharma, 2020). Will blockchain emerge as a tool to break the poverty chain in the Global South? Retrieved from: [link] Gonçalves, V., Kshetri, N. TechCrunch.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

Freightos

APRIL 15, 2024

Fifteen years ago, DSV’s homepage had this to say about tech: “DSV is committed to providing our customers with the best e-service tools available in order to create visible, transparent and high-quality services.” Here’s another manifestation of how far we have come.

Digital 99

Digital Logistics Network Optimization Software Freight Supply Chain Software 99

The Logistics of Logistics

OCTOBER 17, 2022

Krenar Komoni is the Founder and CEO of Tive , a company that is re-imagining supply chain visibility with sensor-driven awareness and analysis tools of in-transit goods, from start to finish. Key Takeaways: The Tive Story. The Problem: When it comes to shipping critical materials or equipment, timing is everything.

Supply Chain Design Software 299

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 299

Logistics Viewpoints

FEBRUARY 8, 2024

Predictive and prescriptive analytics have emerged as valuable tools that enable warehouse operations managers to streamline processes, minimize costs, and enhance productivity. Predictive and prescriptive analytics offer warehouse operations managers powerful tools to optimize various aspects of their operations.

Optimization Software 144

Optimization Software Modeling Software Efficiency Inventory Reduction 144

Transporeon

JANUARY 25, 2018

The challenge For many years, Amway had used a generic sourcing tool that only facilitated communications with the company’s carriers rather than providing access to a supplier database and a collaborative environment to conduct sourcing events. It is a good feeling to know that you have control over the negotiation process.”

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

Logistics Viewpoints

APRIL 4, 2024

Data Normalization & Removing Bias Data normalization in the context of forecasting is the process of going from actualized sales, which may be biased by various factors such as weather or inventory availability, to an understanding of baseline demand that is stripped of the impacts of these demand drivers.

Scenario Planning 137

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 137

Logistics Business Magazine

JUNE 19, 2023

Computed MyoGraphy is a tool for evaluating workplaces in terms of ergonomics and process efficiency. In combination with fully automated process and material flow tools or simple productivity verifications, precise key figures for ergonomics and productivity can thus be defined.

Logistics Network Optimization Software 58

Logistics Network Optimization Software Material Savings Analysis Tools 58

The Lean Thinker

APRIL 20, 2020

At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. Don’t Confuse the Tool with the Goal.

Capacity 360

Capacity Tools Examples Presentation 360

Logistics Viewpoints

DECEMBER 12, 2023

Today’s warehouse environment is too complex and fast-moving to manage effectively via human cognition, as well as manual planning and analysis. It positions the warehouse to sense and react in real time to changes in order volumes, task priorities, and resource availability. Priority and proximity awareness.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 168

The Logistics of Logistics

DECEMBER 3, 2021

Krenar Komoni is the Founder and CEO of Tive , a company that is re-imagining supply chain visibility with sensor-driven awareness and analysis tools of in-transit goods, from start to finish. Key Takeaways: The Tive Story. In the podcast interview, Krenar and Joe discuss Krenar’s life, career, and his entrepreneurial journey at Tive.

Supply Chain Design Software 221

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 221

247 Customs Broker

OCTOBER 2, 2018

New “digital assist” online price negotiation tools and workflow streamline price bid and counter offer process; eliminate excess phone calls and emails. Advanced “lane search” tools enable carriers to search by preferred lanes and city pairs, presents current available loads, continually updated, ranking best lane-specific loads highest.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Negotiating Skills Tools Capacity 28

Logistics Business Magazine

MAY 29, 2023

The companies will bring together the proven benefits of automated risk reduction, 360-degree vision and cloud-based video analysis for the first time to revolutionise fleet and driver safety.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Video Analysis Data 60

CLX Logistics

DECEMBER 1, 2022

Finding the right logistics partner and tools to help simplify the brokerage process is essential to success in chemical logistics, so be sure that chemical freight brokerage is a priority when establishing your transportation management operations. Do: Take Advantage of Flexibility and Supply Chain Visibility.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 98

Ship Monk

APRIL 5, 2024

To engage in SRM, you’ll need SIM and SPM: an SIM (supplier information management) tool centralizes basic contact and purchasing data for all of your suppliers; an SPM (supplier performance management) tool measures how well each supplier is performing against the terms of the contract. SRM is more than a one-and-done analysis.

Negotiate Pricing 81

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 81

SYSPRO Smarter ERP

JUNE 14, 2022

Many manufacturing companies still rely on Excel for all sorts of tasks including scheduling, inventory management and data analysis. However, today’s manufacturers need a more robust, effective, connected, and specialised tool to run their businesses.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Modeling Software ERP 105

Logistics Business Magazine

FEBRUARY 21, 2024

When combined with the automatic parameter switching function available in all Lectors, this enables the Lector 611 to switch automatically between different focal points on the fly. Further optical accessories such as a polarising filter can be attached with no additional tools.

Optimization Software 61

Optimization Software Logistics Network Optimization Software RFID Packing 61

Logistics Business Magazine

JULY 4, 2018

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.

Case Study 28

Case Study Logistics Network Optimization Software Picking Tools 28

FreightWaves SONAR

DECEMBER 22, 2020

Relying solely on manual shipping data analysis continues to yield poor results. And that all begins with deploying advanced freight management analytical resources and tools that actively work to lower all risks, ranging from detention through final mile management. Analytics available now are not those of the early 2000s.

Logistics Network Optimization Software 105

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 105

Logistics Business Magazine

JUNE 13, 2022

Using the software tool I-SPoT Calculator Smart, fleet operators can calculate the total operating costs (costs over lifetime) and determine how power consumption can be minimised with the help of the optimal charging technology – individually for different company locations and individual departments.

Cost Reduction 67

Cost Reduction Efficiency Material Savings Optimization Software 67

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. But do you really need to look specifically at digital twin solutions, or might some of these already be available in the automation you already have? come with any of them.

Optimization Software 142

Optimization Software Supply Chain Design Software Modeling Software Digital 142

SYSPRO Smarter ERP

MARCH 28, 2024

You don’t want data that could create analysis paralysis. It’s also about using the right tools, platforms, and skills to unlock maximum value. But even with the right skills, without the tools they will not be able to unlock value. If production metrics are important, you may want to get data on: Machine and labor availability.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

Logistics Viewpoints

NOVEMBER 6, 2023

Analysis of what is reported may suggest that a supplier has not been totally forthcoming in what they have reported on the platform. Schnieder Electric’s analysis showed that their direct emissions were 20 times less than their suppliers. EcoVadis also deploys artificial intelligence to monitor online publications.

Supply Chain Planning Software 133

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 133

FreightWaves SONAR

JANUARY 28, 2021

Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supply chain. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis.

Waste Reduction 106

Waste Reduction Resource Reduction Price Reduction Cost Reduction 106

Logistics Business Magazine

SEPTEMBER 27, 2023

This year marks the 50th anniversary of the invention of RFID which has become a problem-solving tool for front-line workers in warehouses and other industries. In fact, both groups — 82% of associates and 76% of decision-makers — acknowledge they need better inventory management tools to achieve better accuracy and determine availability.

Supply Chain Planning Software 64

Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 64

WorkWave

NOVEMBER 30, 2023

With several available options, choosing the best NEMT software for you can be overwhelming. This article will review 10 of the top NEMT softwares available in the market. Compliance and Reporting: Tools to ensure regulatory compliance and detailed reporting for analysis and decision-making.

Optimization Software 52

Optimization Software Logistics Network Optimization Software Price Reduction Optimization 52

Log-hub

OCTOBER 2, 2023

By allowing users to compare multiple scenarios side by side, Log-hub facilitates more informed decision-making and comprehensive scenario analysis, ultimately enhancing supply chain efficiency. These two groundbreaking features are available in the Network Design Optimization category. Beyond these remarkable updates, Log-hub 3.4

Scenario Planning 52

Scenario Planning Supply Chain Design Software Supply Chain Software Supply Chain Design 52

Logistics Business Magazine

SEPTEMBER 28, 2023

An early adopter of UgoWork solutions and beta tester operating one of the largest 3PL operations in Canada shared, “UgoPilot’s analysis of raw data provides insight that translates into action. Elevating industrial battery management UgoPilot redefines energy management and battery intelligence for industrial trucks.

Optimization Software 66

Optimization Software Price Reduction Material Savings Cost Reduction 66

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Limited available real estate has further led to challenges as construction came to a halt in the past year.?

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Supply Chain Software 123

Logistics Viewpoints

JUNE 15, 2023

This is called ChatGPT, a natural language processing (NLP) tool that runs on artificial intelligence (AI) to conduct human-like discussions in order to assist you with various requests. You call a support center and a chatbot answers the call, understanding your natural language and providing information on shipment status.

Supply Chain Software 125

Supply Chain Software Supply Chains Optimization Software Optimal Sourcing 125

20Cube Logistics

NOVEMBER 19, 2020

With technology evolving, the logistics companies are looking ahead with automation and digitalisation with forecasting tools as it has the capability to boost operational efficiency, improve warehouse performance and adequately manage the predictive analysis. What are the popular methods of supply chain forecasting?

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