EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. Choose and implement demand planning software. It will be easier and faster to implement software. Use your software to produce your initial forecast.

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

EazyStock

APRIL 18, 2023

In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. Higher interest rates make borrowing money more costly, making financing day-to-day operations such as inventory procurement, transportation and storage more expensive. Demand falls.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 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

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Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024.

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Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Locus

FEBRUARY 27, 2023

Before that, he wanted to purchase a pair of shoes from a nearby store. Time to value is the time customers spend to derive value from the purchased product. In last-mile delivery , it is the time gap between buying a dispatch management solution and gaining a positive Return On Investment (ROI) from it.

Optimization Software 52

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EazyStock

JUNE 23, 2022

But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Large amounts of unstructured and structured information that can’t be processed using traditional techniques and software because of its size is called big data. Big data brings more efficient processes.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

EazyStock

JUNE 16, 2022

It uses algorithms, software, or systems to learn and adjust without specific programming. Using algorithms, AI can provide better quality data and analysis to give a complete overview of your warehouse and supply chain. Inventory optimization software. What is machine learning?

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 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. Smart inventory purchasing. But striving for the cheapest unit price isn’t always the most cost-effective way to procure a product.

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Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Ship Monk

DECEMBER 15, 2023

Will consumers be reluctant to use credit cards for holiday purchases? For the first time, mobile purchases have overtaken desktop purchases. We’ve covered ecommerce KPIs in detail in recent blogs, and no doubt you already know whether you’ve hit your BFCM numbers. Which items were frequently purchased together?

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Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

EazyStock

DECEMBER 13, 2021

Unfortunately there’s no easy solution to the deal with the current global supply chain problems and avoid stockouts altogether. Introducing ABC analysis to categorize your stock would help identify these so you can prioritize your time. The aim is to increase your options when you need to economically procure stock in an emergency.

Inventory 52

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EazyStock

MARCH 4, 2021

When looking to improve inventory turnover, it’s important that inventory planners and purchasers only order items that have a demand in the marketplace. A basic form of inventory categorization is ABC analysis. With ABC analysis, you group products based on one dimension: value. Improve demand forecasting accuracy.

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Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

FreightWaves SONAR

DECEMBER 14, 2020

The DHL Supply Chain Power Pricing Index (DHLPPI.USA) is a weekly analysis produced by the FreightWaves Freight Intel Group using freight data and freight analytics in SONAR and other sources to estimate the current pricing power dynamics between shippers and carriers. Keep ahead of the freight pricing control by purchasing & using SONAR.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Price Reduction Freight 52

Locus

APRIL 3, 2023

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. Logistics management utilizes advanced technology and data analysis to optimize logistics processes and enable informed decision-making. from 2019 to 2025.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

EazyStock

AUGUST 9, 2022

The importance of distribution software. There are a host of distribution software systems that manage internal and external supply chain workflows. Distribution software benefits. Distribution software can bring many benefits to inventory management teams, and the wider business, including: Accurate demand forecasting.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

Locus

JULY 28, 2022

What is delivery management software ? A delivery management software is a tech tool that automates, streamlines and digitalizes the end-to-end last-mile logistics processes. Planning, managing, optimizing and executing the final-mile logistics operations aren’t possible without delivery management software.

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EazyStock

APRIL 13, 2022

You should also review and choose suppliers, decide where to locate warehouses and whether to implement software throughout the supply chain. This will provide maximum analysis and understanding of your current setup and support sales and operations planning. Purchasing. Using software to execute your supply chain strategy.

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Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52