EazyStock

AUGUST 28, 2023

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

FreightWaves SONAR

FEBRUARY 4, 2021

Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. More money going out than is coming in is never a profitable business model. Applied data lowers the risk of over-valuing or under-valuing trucking costs. Think about it. Download the White Paper.

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

Log-hub

JULY 25, 2023

Explore our groundbreaking approach that leverages Data Analytics and AI to revolutionize demand forecasting. The conventional approach of using standard forecasting models often falls short, as it fails to consider various critical factors that influence demand. Our solution involves: 1.

Data 40

Data Supply Chain Planning Software Supply Chain Software Modeling Software 40

FreightWaves SONAR

MARCH 9, 2021

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

Locus

OCTOBER 5, 2021

With the supply chains of all businesses going through a transformational shift, it is important for them to make tough decisions concerning logistics models. After the pandemic hit, flexible logistics models helped businesses to easily penetrate into dense urban markets at economical costs. What is fixed logistics?

Modeling Software 52

Modeling Software Optimization Modeling Modeling Supply Chain Planning Software 52

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

SYSPRO Smarter ERP

MAY 10, 2023

Machine learning refers to the concept that computer programmes can make use of algorithms to automatically learn from and adapt to new data without being assisted by humans. On the other hand, machine learning algorithms are automatically updated with new data and continuously retrain their models.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Modeling Software Modeling 98

Logistics at MPEPS at UPV

MAY 2, 2023

This blog post delves into the intricacies of logistics in small and medium-sized enterprises (SMEs) and startups, highlighting their unique challenges and opportunities. A Data-Driven Comparison: Logistics Performance of SMEs and Startups To better understand the logistics performance of SMEs and startups, we must dive into the data.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

Logistics Viewpoints

APRIL 4, 2024

In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste. Looking back on that week of straight rain in August, not only were my tips affected, but the data for future forecasts was as well!

Scenario Planning 137

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

Shipchain

MARCH 10, 2020

But dedicated managers have found a solution to help improve this part of delivery: data. Data is generated in all parts of last-mile delivery, and analysis of this information can help companies become proactive rather than reactive with their delivery methods. Benefits of Data for Last-Mile Delivery.

Data 62

Data Optimization Software Modeling Software Logistics Network Optimization Software 62

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 turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

SYSPRO Smarter ERP

MAY 2, 2024

The other emerging area around AI in ERP focuses on trend analysis and forecasting. Although machine learning models have been in place for some time, they are now becoming much more prevalent because of the high volumes of data in ERP systems. These range from data migration to integration, security and training.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

Stord

APRIL 24, 2024

Specific industries measure specific KPIs, and AI is an easy way to pull data in and get real, usable and actionable metrics back. Brands typically have data on consumer and market "signals" relevant to forecasting; However, many lack the ability or tools to understand how these "signals'' affect demand.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 88

FreightWaves SONAR

MARCH 9, 2021

Additionally, the shipping model usually focuses on the transfers of goods that come in on ships to other storage areas or to other shipping locations for the next leg of the trip. H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

SYSPRO Smarter ERP

JUNE 9, 2022

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? After all, data is the foundation of digital transformation, and according to McKinsey the pandemic caused companies to accelerate their digital transformation plans by three to four years.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). 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.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

SYSPRO Smarter ERP

JUNE 14, 2022

Globally, the use of data is growing — and in the past two years, the pandemic has been the main driver behind worldwide data growth, including increased internet access and a new way of working. Ultimately what should matter most for business is not the volume of data but, rather, knowing how to use it.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Modeling Software ERP 105

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). 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.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

SYSPRO Smarter ERP

FEBRUARY 23, 2022

As medical devices increasingly have embedded sensors that can transmit data over the Internet, companies are looking at the possibility of digital supply networks (DSN). Data platform. To develop new products and improve the customer experience, medical device manufacturers will increasingly rely on data.

Manufacturing Procurement 105

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

Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. The presence of data throughout the supply chain is vital to its evolution.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Ship Monk

APRIL 16, 2024

To be clear, the blame lies with the hackers and criminals, but if a data breach or you approve an unauthorized transaction, the customer is going to blame your business. Know the Warning Signs If you know what to look for and have the technology to collect and examine the data, there are several red flags that may indicate ecommerce fraud.

eCommerce 82

eCommerce Modeling Software How To Procurement Solutions 82

SYSPRO Smarter ERP

SEPTEMBER 16, 2021

Data insights. Data easily surfaced through an ERP system can have a positive impact on process and bring about the transformation of businesses. The internal processes are streamlined, resulting in a highly productive working model. The post Technology innovations shaping the future of ERP appeared first on SYSPRO Blog.

Modeling Software 105

Modeling Software ERP Expense Reduction Cost Reduction 105

Blue Grace Logistics

SEPTEMBER 18, 2023

Today, digital transformation is not just a recommended business model, it’s the lynchpin that governs the survival of a company in the highly competitive market. Streamlining and digitizing data and automating internal and external operations increases the efficiency of the whole industry.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Supply Chains 62

SYSPRO Smarter ERP

DECEMBER 19, 2022

They have become applicable because the large amount of data they require is now created and stored by businesses, thanks to advances in computer technology. It uses historical data and applies statistical techniques to allocate resources in the most effective way to satisfy competing requirements. Inventory optimization.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

GlobalTranz

OCTOBER 6, 2021

Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Regardless, there’s a few other ways that more technology and strategic partnerships can add value, particularly in terms of data and centralized freight management. .

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86

SYSPRO Smarter ERP

DECEMBER 19, 2022

They have become applicable because the large amount of data they require is now created and stored by businesses, thanks to advances in computer technology. It uses historical data and applies statistical techniques to allocate resources in the most effective way to satisfy competing requirements. Inventory optimization.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

SYSPRO Smarter ERP

APRIL 11, 2022

The role of the CFO is being transformed by technological innovation and access to massive amounts of data, both inside and outside the organization. Data-driven decision making and risk management. The use of dashboards, KPIs, and other business metrics provides CFOs with visual windows into the data to transform businesses processes.

Manufacturing Procurement 105

Manufacturing Procurement ERP Distribution Supply Chain Design Software 105

SYSPRO Smarter ERP

OCTOBER 20, 2021

Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. Digitization: from analogue information to digital data. The first step, therefore, is to get all your information – documents and data – into a digital format.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

CLX Logistics

APRIL 22, 2024

Whether achieving real-time compliance tracking, navigating market uncertainties through advanced analytics, or reinforcing safety protocols via secure data exchange, the digital revolution within the chemical supply chain emerges as the critical factor in surmounting these difficulties. Data informs transportation capacity and rates.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 90

3PL Links

DECEMBER 28, 2023

The three trends we shall discuss below show that one of the main goals of businesses going forward will be to enhance the level of technological maturity by achieving more integration and intelligence in the use of data. Big data and analytics Big Data and analytics are taking center stage in a vast ecosystem of logistical data.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

EazyStock

OCTOBER 10, 2018

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.

Inventory Reduction 45

Inventory Reduction Supply Chain Planning Software Inventory Modeling Software 45

Blue Grace Logistics

MARCH 20, 2023

Shipper's Guide to Planning Ahead Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 20, 2023 Data shows there is a consensus that revenue will increase and inventory levels will build. The latest LCI forecasts an upwards trend for Q2.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Inventory Reduction Resource Reduction 62

Blue Grace Logistics

JULY 22, 2021

What this blog is about: Freight transportation’s positioning in the market. For example, mobile apps and data distribution can enable truck-sharing and smart automation platforms to help organize trans-shipment processes for carbon-neutral distribution services. Functioning business models. Want A Free Supply Chain Analysis?

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Waste Reduction Material Savings 62

Blue Grace Logistics

JULY 22, 2021

What this blog is about: Freight transportation’s positioning in the market. For example, mobile apps and data distribution can enable truck-sharing and smart automation platforms to help organize trans-shipment processes for carbon-neutral distribution services. Functioning business models. Want A Free Supply Chain Analysis?

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Waste Reduction Material Savings 62

EazyStock

OCTOBER 31, 2022

Choose and implement demand planning software While you can do demand planning manually, managing data in multiple spreadsheets makes it harder to analyze and bring together usefully. Demand planning software can help you analyze data quickly to ensure your data remains relevant.

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

While you can do demand planning manually, managing data in multiple spreadsheets makes it harder to analyze and bring together usefully. Demand planning software can help you analyze data quickly to ensure your data remains relevant. Gather internal and external data. Choose and implement demand planning software.

Supply Chain Planning Software 52

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