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

GlobalTranz

AUGUST 10, 2015

We have made it to the end of the "Most Popular Blog Posts of 2015.So We've already featured all the other popular blog posts from logistics , manufacturing , supply chain , and freight over this week. The most popular blogs are centered around Infographics, reports, facts, and trends.as Top Transportation Blog Posts from 2014.

Blog 85

Blog Transportation Outsourcing Supply Chain Software 85

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. Another example of data normalization is accounting for lost sales due to stockouts or waste of perishable products due to overstocking of inventory. Wouldn’t it be cool to know within minutes?

Scenario Planning 137

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

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

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

SYSPRO Smarter ERP

MARCH 20, 2024

By streamlining and accelerating data collection and analysis, you get the insights you need for effective decision-making. The post How to Improve your Manufacturing Processes with Business Intelligence appeared first on SYSPRO Blog. Pre-built analytics allow even non-tech savvy users to get crucial business intelligence fast.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

Logistics Viewpoints

SEPTEMBER 19, 2023

The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream. Table 1 describes a few examples of these types of risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.

Supply Chain Design Software 138

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

Logistics at MPEPS at UPV

MAY 11, 2022

Suppliers use predictive analysis based on the purchasing patterns of their customers to determine the amount of raw materials needed at any moment. Warehouse planning depends on a thorough analysis of the purchasing patterns and information from your stock, suppliers, warehouses and market trends. link] Unknown.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Freightos

MAY 1, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. America weekly prices increased 1% to $1.81/kg.

Data 87

Data Logistics Network Optimization Software Freight Cargo 87

Logistics Viewpoints

DECEMBER 14, 2023

Doing so helps organizations detect market shifts and makes supply chain decisions more forward-looking than an analysis of the past, present, and at best, a tactical view of the future. Designing vehicle routes that explicitly optimize transportation routes with carbon footprint considerations is another example.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 139

SYSPRO Smarter ERP

MAY 2, 2024

The other emerging area around AI in ERP focuses on trend analysis and forecasting. Here are some real-world examples of AI use cases in manufacturing: Improve data processing and analytics by recognizing context and generating valuable predictions and insights to help manufacturers make better decisions and optimize their performance.

ERP 52

ERP Supply Chain Planning Software Modeling Software Optimization Software 52

Freightos

NOVEMBER 21, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. America weekly prices increased 9% to $2.00/kg.

Optimal Sourcing 116

Optimal Sourcing Negotiating Skills Price Reduction Demo 116

Material Handling and Logistics

JANUARY 8, 2018

To look at what risks will affect the supply chain in 2018, Rob Savitsky of AIR Worldwide ( a member of the MIT Center for Transportation & Logistics Supply Chain Exchange program), wrote a blog for MIT discussing three broad categories of supply chain risk. Savitsky points to the example of a potential disruption that was averted.

Supply Chains 142

Supply Chains Cost Reduction Examples Events 142

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Data Analysis Grew Exponentially, Providing More End-to-End Visibility and Continuous Improvement. Data analysis is the companion of cloud-computing technologies.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

SYSPRO Smarter ERP

NOVEMBER 13, 2023

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. Some of the key differences between the systems are: ERP software focuses on process management and automation, while BI software focuses on data analysis and visualization.

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

SYSPRO Smarter ERP

JUNE 9, 2022

Here’s an example. The BI tool needs to be able to easily pull all this data together for analysis. Bringing in additional outside data sources can make analysis even more powerful by enabling one to look at a question from a more holistic point of view. ERP and business intelligence.

Supply Chain Planning Software 98

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

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk.

eCommerce 87

eCommerce Inventory Reduction Operations Modeling Software 87

FreightWaves SONAR

APRIL 25, 2024

Meanwhile, drayage carriers gauge inbound volume, measured at the point of origin, for a look ahead at local demand in the coming days (see blog for detail). Analysts can take this analysis a step further by looking at volume by lane. Meanwhile, volume for loaded domestic containerized intermodal (ORAILDOML.USA), the market where J.B.

Data 64

Data Digital Replenishment Blog 64

Blue Grace Logistics

JULY 27, 2021

What this blog is about: Leveraging predictive analytics for forecasting and visibility. Approaching a demand analysis with historical data and seasonal variations is no longer competent. Brand identity, interactive marketing campaigns and differential lifestyles complicate a perfect trend analysis model. billion by 2022.

Procurement Analytics 62

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

Freightos

NOVEMBER 7, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. America weekly prices increased 2% to $1.82/kg.

Negotiating Skills 116

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 116

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. In procurement, cost analysis is not just about the price of your company’s purchases. 7 Procurement KPIs You Should be Using. Supplier Defect Rate.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

Freightos

DECEMBER 6, 2023

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Europe – N. America weekly prices rose 2% to $2.14/kg. Some of the ships were slightly damaged by rocket fire, and the Navy destroyer shot down three approaching drones.

Negotiating Skills 99

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 99

Blue Grace Logistics

AUGUST 3, 2021

What This Blog Is About: How to build a mutually beneficial relationship based on trust & credibility with your suppliers. The importance of setting the tone of the relationship and being an example of what you expect. Making decisions to benefit a company must be a process of analysis and planning.

Maintainability 117

Maintainability Price Reduction Purchasing Skills Resource Reduction 117

Carter Logistics

DECEMBER 20, 2018

Blog Topics. Here are three examples of how sub-par supply chain management can harm your business: Mismanaged Implementation – Changing a supply chain management system takes financial investment, time, and human resources. Industry-leading logistics providers focus on continual analysis.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chains Cost Reduction 60

Logistics Bureau

OCTOBER 9, 2023

If you’ve followed our blog over the years, you’ll know that we’ve shared lots of information about distribution network design, why it’s vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Read our blog on demand forecasting accuracy for more details. ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

SYSPRO Smarter ERP

OCTOBER 20, 2021

The second step will be to convert all critical business data produced going forward that requires analysis to be collected going forward. In the factory environment, one example is the digitization of records for a more efficient method of record keeping, thereby improving the batch traceability process.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

Shipchain

MARCH 10, 2020

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. Below is an overview of the benefits of data as well as examples of how it has helped companies with their final-mile distribution.

Data 62

Data Optimization Software Modeling Software Logistics Network Optimization Software 62

SYSPRO Smarter ERP

MARCH 28, 2024

You don’t want data that could create analysis paralysis. The post Data-driven decision making in manufacturing appeared first on SYSPRO Blog. This helps to focus on the reasons the data is needed, how it will be used, and what value the data is expected to provide. The work to get this has to be collaborative.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

GlobalTranz

JULY 28, 2021

For instance, managed transportation includes value-added logistics capabilities, including: Logistics consulting and analysis to understand current needs, costs, savings opportunities by mode, benchmarking and implementation or training of new systems. Transportation optimization can occur at a network level and an execution level.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

Dedola Global Logistics

JUNE 17, 2022

A firm grasp and analysis of your trade lanes and any capacity issues or delays you experienced is a great place to start. For example, LCL importers may be able to access existing consolidated containers and inland truckloads, keeping their costs down. Plan Ahead. Book Early. Know Your Options. We deliver! Contact Us. 562) 594-8988.

Freight forwarding 98

Freight forwarding Scenario Planning Expense Reduction Supply Chains 98

FreightWaves SONAR

JULY 24, 2023

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Knowing freight costs in advance is essential to keep total landed costs in check Understanding transportation freight costs and current freight rates for lanes must be the primary goals of cost analysis.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

FreightWaves SONAR

MARCH 26, 2024

Take, for example, the market of Twin Falls, Idaho in comparison to Lakeland, Florida. Additionally, SONAR freight data offers bulk lane analysis in a variety of ways for users to understand drastic changes in rates, volumes, rejection data and more on a week-over-week or month-over-month basis.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Data Scenario Planning 52

AIMMS

FEBRUARY 26, 2020

Network Design tools that are fueled by powerful mathematical optimization in the back end, and intuitive scenario analysis capabilities at the front, empower supply chain professionals with the ability to create flexible plans and expose hidden risks in their network. Let’s explore some example s. . – Tweet this.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

SYSPRO Smarter ERP

OCTOBER 25, 2021

To compete in this constantly changing market, manufacturers and distributors need more digital-driven services such as real-time production, tracking, and analysis. IoT and automatic data collection: The traditional factory can move away from recording production time on isolated applications or paper which gives an inaccurate analysis.

Factories 105

Factories Supply Chain Planning Software Supply Chain Software Optimization Software 105

EazyStock

JULY 19, 2019

This blog post will briefly go through the key elements of optimizing your inventory and link to resources that will give you more details of each key concept: Demand forecasting. For example, when the product is first introduced to the market it will not have any historical demand at all. Inventory policy.

Optimal Sourcing 55

Optimal Sourcing Optimization Software Inventory Optimization 55