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 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. The post Data-driven decision making in manufacturing appeared first on SYSPRO Blog.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 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 you to create flexible plans and expose hidden risks in your network. Let’s explore some example s. . This leads to insightful and resilient thinking. .

Supply Chain Planning Software 146

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

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

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

FreightWaves SONAR

FEBRUARY 16, 2021

By using strong management and analysis processes, supply chains can maximize value and stay competitive. And freight KPIs can serve as a valuable tool for freight market intelligence. Streamline data capture and analysis. Freight intelligence tools help management develop a more unified freight strategy.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

EazyStock

JUNE 24, 2020

In this four part blog series we discuss how inventory management teams can use inventory optimization to help deal with the impact of the Coronavirus in the medium and long term, focusing on demand forecasting, supplier management and inventory planning. For example, highlighting unusual dips in demand or longer than expected lead times.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

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

AIMMS

NOVEMBER 2, 2020

This can result in different teams using different data formats, diverging results from data analysis, and hence poorly aligned decision making. Let’s take the example of a large fiber manufacturer. It’s crucial to note that the most important aspect of S&OP is the process and change management, not the tooling.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

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

Parade

JULY 15, 2019

Before starting his company, Johnson worked for a large brokerage, managing and fulfilling load opportunities the traditional way; no technology tools to grow and foster his business, just sheer grunt-work, phone trees, and a mental rolodex. For example, managing unforeseen risks and providing customers with visibility.

Industry 97

Industry Logistics Network Optimization Software Tools Examples 97

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Able to track freight and carrier rates in real-time, truckload pricing tools make it possible for you to set competitive rates for all types of freight -- be it dry-van, refrigerated, or flatbed. Freightwaves SONAR.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Able to track freight and carrier rates in real-time, truckload pricing tools make it possible for you to set competitive rates for all types of freight -- be it dry-van, refrigerated, or flatbed. Freightwaves SONAR.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Able to track freight and carrier rates in real-time, truckload pricing tools make it possible for you to set competitive rates for all types of freight -- be it dry-van, refrigerated, or flatbed. Freightwaves SONAR.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on. Finance can more effectively analyze profitability by examining how costs can be reduced when the business carries less inventory or by optimizing shipping, for example. Managing Inventory.

Supply Chain Planning Software 105

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

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

GoShip Blog

JUNE 16, 2021

AI in supply chain and operations can efficiently handle data for analysis and automated functions. In particular, AI can help in demand forecasting, warehousing, and logistics route optimization: By efficient collection and analysis of information and inventory processing . Saves time and operation costs. Enhancing productivity.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 52

AIMMS

SEPTEMBER 17, 2019

Some tools may be acquired by competitors, who then incorporate them in a vastly more expensive package. If you make modifications to the tool, you’re on your own. We wanted to have a robust analysis that we fully understood. But the speed of analysis did not match the speed of decision-making required by the business.

Supply Chain Design Software 102

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 102

SYSPRO Smarter ERP

JULY 4, 2022

One of the main technology disruptors is cloud infrastructure and supporting tools. For example, a manual machine can be outfitted with a power measurement device that will support data collection on idle time, run time and downtime. AI goes to the next level by helping with the analysis of that data.

Optimization Software 111

Optimization Software ERP Supply Chain Software Manufacturing Procurement 111

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

SYSPRO Smarter ERP

JUNE 21, 2022

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. The analysis is mostly on point; however, the blame does not lie with Lean.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

Locus

DECEMBER 29, 2021

The many benefits of technology include increased speed of identification, reliable, accurate and quick data gathering, processing, analysis and transmission. Better predictive analysis with the help of Artificial Intelligence. Locus’ automated dispatch planning software , DispatchIQ is a great example of efficient AI.

Supply Chain Planning Software 52

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

FreightWaves SONAR

DECEMBER 10, 2020

According to Supply Chain Dive , “The number of supply chain professionals who say they’re currently using predictive analytics at their company has grown 76% from 2017 to 2019, according to a Supply Chain Dive analysis of the annual MHI Industry Report.” The value of supply chain predictive analytics. Request a SONAR Demo.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 95

FreightWaves SONAR

MARCH 25, 2022

Among its many uses, FreightWaves’ SONAR SCI serves as an RFP management tool. This provides users with a more complete pricing benchmark tool when developing or reviewing contract pricing agreements. FreightWaves has upgraded SONAR SCI; it now includes fuel surcharge estimates at the lane level.

Data 52

Data Supply Chain Software Supply Chains Tools 52

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. The tools listed below will help you navigate all these challenges to achieve the best rates possible without compromising speed or service.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

GoShip Blog

FEBRUARY 7, 2023

Examples are: Favorable changes in market situations New regulations that will impact your business positively Changes in consumer behavior that favor your brand Threats: Threats are negative external factors that can reduce the effectiveness of your marketing strategy and put your business at risk. Traditional channels (e.g.,

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 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. You can then prioritize these items over others; for example, checking demand, stock levels and reviewing lead times more frequently to help ensure availability at all times. stock availability.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

SYSPRO Smarter ERP

FEBRUARY 6, 2023

An ERP system that includes various tools for reporting and analysis is important in allowing people to make decisions based on data. For example, in procurement, AI can assist in strategic sourcing and supplier risk monitoring, as well as identifying potential fraud in payments.

Digital 52

Digital Manufacturing Procurement ERP Supply Chain Software 52

Infosys Supply Chain Management

APRIL 8, 2014

View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Analytics Analytics means scientific and systematic analysis of data. This data so far has been fed into BI tools to generate reports and KPIs and take decisions based on the output.

Supply Chain Planning Software 35

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Modeling Software 35

AIMMS

JULY 15, 2019

While I’d be first to concede that there are some incredible S&OP tools out there (I particularly admire Kinaxis and OM Partners), it’s incredible that we can play on the same pitch with these large COTS vendors so quickly. The post Sales & Operations Planning Is Changing At An Accelerated Pace appeared first on AIMMS SC Blog.

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

3PL Links

DECEMBER 28, 2023

The primary logistics trends for 2024 are shown below, along with examples of how some of the industry’s top businesses are already incorporating them into their plans. Product personalization: Product personalization is made easier by the ability to comprehend customer preferences through big data analysis.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

Logistics Bureau

OCTOBER 20, 2021

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. As an example of how illuminating the perfect order KPI can be, let’s look briefly at damage-free delivery as an example. x 0.96 = 0.8661.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

Parade

JULY 15, 2019

Before starting his company, Johnson worked for a large brokerage, managing and fulfilling load opportunities the traditional way; no technology tools to grow and foster his business, just sheer grunt-work, phone trees, and a mental rolodex. For example, Load matching + business development: CSRs drive value to carriers and shipper customers.

Industry 60

Industry Logistics Network Optimization Software Tools Examples 60

3PL Links

JANUARY 4, 2024

This model is an example of an advanced approach for the global logistics sector. In this context, resources and tools which include cloud computing, geolocation, artificial intelligence, Internet of Things, and robot use are available. Logistics 5.0: In light of this, Logistics 5.0 Innovations in technology in logistics 5.0

Supply Chain Software 48

Supply Chain Software Supply Chains Logistics Network Optimization Software Modeling Software 48

GoShip Blog

FEBRUARY 20, 2023

For example, you sell silk-printed shirts. Some great examples of 4PL providers are GoShip , ShipHero, and Shopify. Data visibility Through sophisticated software and data analysis tools, your 4PL provider can provide all the data you need to improve your business. 4PLs can work with your vendors in your stead.

4PL 52

4PL 3PL Supply Chain Software Supply Chain Design Software 52

FreightWaves SONAR

FEBRUARY 25, 2021

For example, think about the use cases of these most impactful benefits to come from logistics upgrades and automation include: Continuous development of SaaS and a renewed focus on customized service offerings. Improved predictive analysis and projection with logistics automation data and insights.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90