FreightWaves SONAR

MARCH 9, 2021

Unlike waiting on data on freight tenders until the bill is paid, audited, and settled, submitted tender data via EDI or API offers a better way to approach predictive modeling of logistics. The analysis of that data helps companies identify reliable insights based on what’s happening today and yesterday, not just what happened last week.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

EazyStock

JUNE 16, 2022

ML models teach themselves over time by analyzing trends and spotting anomalies and then offering predictive insights. Using algorithms, AI can provide better quality data and analysis to give a complete overview of your warehouse and supply chain. What is machine learning? Machine learning (ML) is a subset of artificial intelligence.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

FreightWaves SONAR

FEBRUARY 22, 2021

Think about your business model and carrier type. According to Supply Chain 24/7 , “ truckload service optimizes trailer space and moves freight [without extra stops that will] eliminate wasted trips, reducing greenhouse gas emissions by up to 40%.” This gets easier to accomplish with tailored benchmark data analysis. .

Price Reduction 75

Price Reduction Supply Chain Planning Software Waste Reduction Cost Reduction 75

EazyStock

DECEMBER 21, 2022

Using the same analysis for a product with an erratic demand type for one with slow demand will result in inaccurate forecasts. Unless statistical modeling is your forte, it’s unlikely that you’ll find them helpful. Book a demo to learn more about how EazyStock can help overcome your lumpy demand forecasting issues.

Modeling Software 52

Modeling Software Optimization Software Inventory Reduction Optimization Modeling 52

EazyStock

DECEMBER 21, 2022

Using the same analysis for a product with an erratic demand type for one with slow demand will result in inaccurate forecasts. Unless statistical modeling is your forte, it’s unlikely that you’ll find them helpful. Book a demo to learn more about how EazyStock can help overcome your lumpy demand forecasting issues.

Modeling Software 52

Modeling Software Optimization Software Inventory Reduction Optimization Modeling 52

EazyStock

JULY 13, 2020

In this four-part blog series we look at the impact COVID-19 has had on supply chains and how inventory optimization software can help. In this post we focus on inventory planning and how to optimize stock levels despite erratic customer behavior and supply restrictions. However, ABC analysis is quickly out-of-date.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

EazyStock

MAY 11, 2021

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 classification (otherwise known as ABC analysis ). 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.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

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. The better global retailers and BCOs understand market conditions through smart data analysis, the easier they will secure on-time drayage moves or deliveries.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

Blue Grace Logistics

JULY 6, 2021

What this blog is about: Using automation and digital disruption to transform supply chains. 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. Defining digital transformation and its customer-focused capabilities.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Supply Chains 62

Blue Grace Logistics

JULY 6, 2021

What this blog is about: Using automation and digital disruption to transform supply chains. 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. Defining digital transformation and its customer-focused capabilities.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Supply Chains 62

EazyStock

OCTOBER 31, 2022

Analyze your data and prepare an initial statistical forecast You can use various forecasting models for demand planning, and you must choose the models that best suit your business needs. These could be quantitative methods such as exponential smoothing, regression analysis or econometric forecasting. How can EazyStock help?

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

You can use various forecasting models for demand planning, and you must choose the models that best suit your business needs. These could be quantitative methods such as exponential smoothing, regression analysis or econometric forecasting. Analyze your data and prepare an initial statistical forecast. How can EazyStock help?

Supply Chain Planning Software 52

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

EazyStock

FEBRUARY 17, 2021

A simple way to do this is to use a basic ABC analysis model to divide inventory into: A items – typically sell well and are profitable to the business. Business then typically focus their resources to ensure tighter control over A items for optimal availability, while then considering B items and then C items.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

EazyStock

FEBRUARY 7, 2020

In this three-part blog series we’re looking at each of these inventory management problems. Reducing stock levels to carry more lines (without accurate forecasting and inventory optimization tools) can lead to stockouts and expensive backorders or rush orders from suppliers. Optimizing Inventory Levels as SKUs Grow.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

FreightWaves SONAR

SEPTEMBER 29, 2023

When planning for the future, industry players should thus use insights from commodity-based modeling. DATA ENABLES TRANSPORTATION OPTIMIZATION Using freight data to manage logistics helps to increase efficiency among drivers, loading, unloading, route optimization, use of multimodal transport, and much more. Consider this.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. It can be used to predict long-term trends or short-term (seasonal) demand, depending on the model you use. Your fulfillment center or 3PL should be able to give you this cost or make it easy to find in a few clicks.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

Locus

JULY 28, 2022

Planning, managing, optimizing and executing the final-mile logistics operations aren’t possible without delivery management software. Route optimization. The most critical feature to look for in a delivery management platform is route optimization. Download whitepaper: Why Businesses Need Route Optimization.

Optimization Software 52

Optimization Software Modeling Software Definition Logistics Network Optimization Software 52