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. Despite these differences, both SMEs and startups share a common interest in harnessing technology to optimize their logistics operations. References Accenture.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

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

EazyStock

AUGUST 28, 2023

In this blog, we’ll explore the untapped potential of data-driven inventory management. By harnessing the power of data, EazyStock’s advanced functionality enables businesses to make smarter decisions, anticipate demand, and optimize stock levels, enhancing efficiency and profitability. Don’t worry!

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

FEBRUARY 1, 2021

In contrast: eCommerce inventory optimization is the art of predicting and managing supply and demand variables while undertaking inventory management processes. The objective of eCommerce inventory optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

SYSPRO Smarter ERP

DECEMBER 19, 2022

Then in the early 2000s, a new technology emerged, inventory optimization (IO), which could account for variability and multi-level activity in the supply chain and optimize inventory management policies using a statistical approach to manage both demand and supply variability. Inventory optimization.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

SYSPRO Smarter ERP

DECEMBER 19, 2022

Then in the early 2000s, a new technology emerged, inventory optimization (IO), which could account for variability and multi-level activity in the supply chain and optimize inventory management policies using a statistical approach to manage both demand and supply variability. Inventory optimization.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

Blue Grace Logistics

SEPTEMBER 18, 2023

Logistics stakeholders are continuing to digitalize operations—and supply chains—through new technologies that meet customer expectations and keep up with global trade challenges. 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.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Supply Chains 62

AIMMS

FEBRUARY 2, 2015

An analysis leveraging sales data and geographical lifecycle indicators classified inventory into three major segments: Dead stock – simply an (unwelcome) snapshot of stock that has no buyer without deep discounting. So build your hypothesis, crunch the numbers, provide your evidence and produce analysis that once seen, cannot be ignored.

Optimization Modeling 84

Optimization Modeling Optimization Software Optimization Supply Chains 84

EazyStock

JUNE 16, 2022

ML models teach themselves over time by analyzing trends and spotting anomalies and then offering predictive insights. Inventory management teams have the difficult task of calculating healthy stock levels to meet demand without over- or under-stocking. What is machine learning? Using AI to improve demand forecasting.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Blue Grace Logistics

JULY 27, 2021

What this blog is about: Leveraging predictive analytics for forecasting and visibility. The importance of machine learning and intelligence combined with human touch for optimized decision making. Approaching a demand analysis with historical data and seasonal variations is no longer competent. billion by 2022.

Procurement Analytics 62

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

SYSPRO Smarter ERP

JUNE 21, 2022

Making the situation worse, trucking companies haven’t been able to hire back enough drivers to meet demand. The analysis is mostly on point; however, the blame does not lie with Lean. T he goal is to have the minimum amount of inventory on hand (plus a safety stock) to meet demand. .

Supply Chain Planning Software 105

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

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Carrier Vetting for OTR Freight . Enabling Data-Driven Decision-Making .

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86

3PL Links

FEBRUARY 11, 2024

By using this approach, companies actively contribute to the development of a circular economy model, where resources are valued and prudently reused, in addition to meeting their environmental commitments. This maximizes productivity and makes it possible for data analysis to continuously enhance procedures.

Sourcing Strategies 48

Sourcing Strategies Waste Reduction Resource Reduction Expense Reduction 48

EazyStock

AUGUST 21, 2020

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfillment targets. We’ve written numerous blog posts on ways to reduce excess and obsolete inventory and lower inventory carrying costs. Top five inventory reduction methods .

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Determining the right stock levels to meet demand is vital for customer satisfaction. What is demand planning? Why is demand planning important? 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

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Working out the right stock levels to meet demand is vital for customer satisfaction. What is demand planning? Why is demand planning important? How can EazyStock help?

Supply Chain Planning Software 52

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

CLX Logistics

NOVEMBER 21, 2023

By knowing where you stand on this line, you can make more informed decisions regarding your fuel strategy to optimize both budget and performance. Predicted trends emphasize streamlined route identification, punctual deliveries, and optimal cost management. Often, it’s a factor that can be negotiated with the shipper.

Optimal Sourcing 67

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 67

AIMMS

JULY 15, 2019

Within a few months they moved from spreadsheets and silos to looking at real-ti me scenarios in monthly planning meetings. They were able to do this within an hour, with the management team interactively reviewing scenarios during a meeting. . The extensively used National Energy Model is just one of them. .

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

EazyStock

JUNE 24, 2020

Inventory optimization software is an important piece of the puzzle. 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.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

EazyStock

FEBRUARY 26, 2020

In this three-part blog series we’re looking at three of the most common inventory management issues faced by stock holding companies. Faced with the risk of stockouts, a damaged reputation and reduced profits, some businesses will resort to stocking high quantities of every SKU to meet demand.

Availability 52

Availability How To Inventory Reduction Optimization Software 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. In addition, as products move through their product lifecycle , their demand types will keep changing.

Modeling Software 52

Modeling Software Optimization Software Inventory Reduction Optimization Modeling 52

SYSPRO Smarter ERP

OCTOBER 20, 2021

This would make it almost impossible to identify any trends around things like customer preferences and demands, as well as to define the optimal future direction for your organization from a technology perspective if the organization only produced analogue data. You’ve probably travelled a fair way down this road already.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

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. In addition, as products move through their product lifecycle , their demand types will keep changing.

Modeling Software 52

Modeling Software Optimization Software Inventory Reduction Optimization Modeling 52

3PL Links

FEBRUARY 14, 2024

In the midst of evolving commercial models, new technological advancements, and shifting consumer behavior worldwide, businesses now have to contend with a new obstacle: staying progressive and adaptable. Order processing, packing, and shipping in a timely and accurate manner have become top priorities.

Supply Chain Planning Software 48

Supply Chain Planning Software Scenario Planning Optimal Sourcing Sourcing Strategies 48

Blue Grace Logistics

JULY 6, 2021

Logistics stakeholders are continuing to utilize digital transformation to meet customer expectations and keep up with global trade challenges. What this blog is about: Using automation and digital disruption to transform supply chains. 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

Logistics stakeholders are continuing to utilize digital transformation to meet customer expectations and keep up with global trade challenges. What this blog is about: Using automation and digital disruption to transform supply chains. Defining digital transformation and its customer-focused capabilities.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Supply Chains 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. However, looking specifically at last-mile delivery, data can increase transparency, optimize costs and resources, and improve overall performance.

Data 62

Data Optimization Software Modeling Software Logistics Network Optimization Software 62

EazyStock

FEBRUARY 17, 2021

They have well-executed inventory replenishment processes that ensure items are reordered in the right quantities and at the right time to meet actual customer demand. 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.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Morai Logistics

FEBRUARY 15, 2018

From autonomous vehicles to Smart homes, companies must strive to meet the growing need of immediacy. Their benefits range from supporting SME start-ups to optimizing transport management systems, and even improving transparency with customers. Research also indicates that predictive analytics helps 3PLs optimize their solutions.

Supply Chain Software 60

Supply Chain Software Optimization Software Optimal Sourcing Modeling Software 60

SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. Risk analysis is becoming an important part of SCM. It can also enable the new model of inventory management needed for a resilient supply chain – Just-in-Case (JIC).

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

3PL Links

APRIL 16, 2024

However, how can we aim for productivity, flexibility, and efficiency to meet the needs of a market that is expanding all the time? Because of its improved stock storage techniques, increased flexibility, and efficient management, the company can easily handle the surge in orders and always adjusts to meet demand.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 48

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

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

GoShip Blog

MAY 13, 2022

Synchronizing numerous logistics operations often gets perplexing, so shippers and retailers keep looking for optimal solutions for their supply chains. A transportation management system (TMS) represents digital software that helps businesses plan, execute, and optimize logistics operations. What is a TMS? Shipping transparency.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Modeling Software Supply Chain Software 52

Locus

OCTOBER 19, 2021

It has become a priority for the pharmaceutical industry as it meets the customers’ need for convenience and safety. Same-day prescription deliveries also help customers to monitor their spending on medicines through a subscription model. Lesson learned: Stick to optimal route plans. Saves time and money.

Optimization Software 52

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

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? transportation management optimization ?to Finding carriers that meet specific needs and help the company reach supply chain goals provides a competitive advantage within the marketplace. transportation optimization ?options

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Supply Chain Software 123