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. Purchase Order Cycle Time. Cost per Purchase Order and Cost per Invoice. In procurement, cost analysis is not just about the price of your company’s purchases.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

SYSPRO Smarter ERP

APRIL 6, 2023

In this blog post, we’ll explore some of the common issues that manufacturers face in their AP process and how automation software integrated with an ERP can help address them. Your employees may spend hours manually entering data into your accounting system and matching invoices to purchase orders.

Manufacturing Procurement 98

Manufacturing Procurement Automation Vendor Strategies Procurement Solutions 98

3PL Links

MAY 19, 2024

It is necessary to take certain crucial actions in order to execute effective demand planning. Several crucial actions must be taken in order to incorporate the sales and operations departments into an S&OP process. Establishing a meeting calendar for the S&OP process is the second phase. How to do demand planning?

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 48

Log-hub

NOVEMBER 6, 2023

Therefore, optimizing stock levels directly impacts a company’s profitability, operational efficiency, minimizing costs and meeting customer demands. ABC & XYZ Analysis categorizes inventory into three groups based on the items’ value (ABC) and the variability of their demand (XYZ).

Optimization Software 52

Optimization Software Inventory Reduction Optimization Cost Reduction 52

SYSPRO Smarter ERP

DECEMBER 19, 2022

Both IO and AI can be used to plan how much inventory to hold where, and when to order it. The Economist has mentioned the role of AI in inventory management and demand forecasting, noting an example where AI can forecast in what order items will arrive at and leave a warehouse, so that pallets can be put in the right position.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

Dedola Global Logistics

JANUARY 14, 2023

A leading supplier of restaurant and catering products in the US faced a critical inventory shortage of specific products needed for several large orders with tight deadlines. In order to further streamline the process and save our client time and money, we proposed using cross-docking transloading.

Examples 73

Examples Cost Reduction Expense Reduction Inventory Reduction 73

EazyStock

AUGUST 28, 2023

In this blog, we’ll explore the untapped potential of data-driven inventory management. Data analysis: Software’s powerful algorithms and complex calculations make it easy to analyze data to identify trends, patterns, and correlations. Don’t worry!

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

SYSPRO Smarter ERP

DECEMBER 19, 2022

Both IO and AI can be used to plan how much inventory to hold where, and when to order it. The Economist has mentioned the role of AI in inventory management and demand forecasting, noting an example where AI can forecast in what order items will arrive at and leave a warehouse, so that pallets can be put in the right position.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

CLX Logistics

MAY 15, 2024

They needed to analyze market conditions, internal processes, and any underlying causes in order to make improvements. We strategically set new targets for OTDs based on CLX LaneLogix market data and developed a complete set of processes and best practices to meet the goals.

Cost Reduction 66

Cost Reduction Optimization Software Logistics Network Optimization Software Supply Chain Software 66

SYSPRO Smarter ERP

JUNE 21, 2022

Making the situation worse, trucking companies haven’t been able to hire back enough drivers to meet demand. Instead, businesses have focused most their investments on inventory control and order requirements. 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

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Inventory control is a key function of supply chain management that maintains appropriate quantities of stock to meet customer demand. Read our blog on demand forecasting accuracy for more details.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

3PL Links

MAY 3, 2023

After all, having access to a mountain of data is useless if the data analysis does not accurately detail the flows throughout the supply chain. The analysis of this data enables businesses to acquire a true view of all their processes and the performance of their supply chain.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

3PL Links

SEPTEMBER 28, 2022

Learn how to successfully run a warehouse in today’s blog post to increase sales for your business. Engage and inspire staff members, call a meeting with everyone, select supervisors, and provide incentives. Applying the wheel analysis is also a smart idea. You can only start to modify the management culture from here.

Sourcing Strategies 62

Sourcing Strategies Optimal Sourcing Resource Reduction How To 62

Dedola Global Logistics

JANUARY 14, 2023

Restaurant and Catering Supplies Manufacturer A leading supplier of restaurant and catering products in the US faced a critical inventory shortage of specific products needed for several large orders with tight deadlines. We conducted a cost analysis of truck vs. rail shipping from Long Beach to Chicago.

Examples 52

Examples Cost Reduction Expense Reduction Inventory Reduction 52

GoShip Blog

JANUARY 26, 2021

In today’s customer-centric world, it is critical to meet and even exceed your customer expectations as a small business. Timely order fulfillment and proper inventory management play a key role in the frictionless shipping process. Data analysis to improve performance management. How to improve your last-mile delivery?

Inventory Reduction 72

Inventory Reduction Supply Chain Planning Software Expense Reduction Supply Chain Software 72

3PL Links

APRIL 29, 2024

If the pandemic has taught us anything, it is that businesses must invest in more transparent, flexible, and sustainable processes and optimize resilience in order to assure corporate success and continuity. However, technology alone is not sufficient. It’s feasible to predict market dynamics and volatility with good communication.

Supply Chain Software 48

Supply Chain Software Supply Chains Optimal Sourcing Trends 48

3PL Links

OCTOBER 24, 2023

Supply chain management KPIs are the quantitative and qualitative measures that a business monitors to determine whether its production and logistical operations are meeting its performance objectives. After all, it is crucial to understand the return on your investment in order to increase production and keep your business’s revenue.

Supply Chain Software 48

Supply Chain Software Supply Chains Optimization Software Optimal Sourcing 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. In some circumstances carrying excess stock can be a good thing: having all items in stock helps avoid costly back orders and keeps customers happy.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

Ship Monk

JULY 20, 2023

Discover the ins and outs of DIM Weight and carrier specific requirements on our ShipMonk blog. These zones are grouped not by miles, but by zip codes from the point of package origin (where an order is shipped from) to the point of destination (where the package is going).

Negotiating Skills 52

Negotiating Skills Purchasing Skills eCommerce Cost Reduction 52

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. By gaining access to the data in these processes, businesses are better able to coordinate workflows, improve efficiencies, and ensure that customers get the product they ordered.

Manufacturing Procurement 116

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

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. Review your Stock Replenishment Rules.

Availability 52

Availability How To Inventory Reduction Optimization Software 52

EazyStock

JANUARY 6, 2023

Review your stock levels to identify SKUs where you could reduce order levels since you know demand will fall. ABC/XYZ analysis can help identify the most valuable items to your business. A key element is setting the right safety stock levels to meet unexpected spikes in demand without tying up unnecessary capital.

Supply Chain Planning Software 52

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

EazyStock

JANUARY 6, 2023

Review your stock levels to identify SKUs where you could reduce order levels since you know demand will fall. ABC/XYZ analysis can help identify the most valuable items to your business. A key element is setting the right safety stock levels to meet unexpected spikes in demand without tying up unnecessary capital.

Supply Chain Planning Software 52

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

EazyStock

JUNE 16, 2022

Inventory management teams have the difficult task of calculating healthy stock levels to meet demand without over- or under-stocking. Using algorithms, AI can provide better quality data and analysis to give a complete overview of your warehouse and supply chain. You can then choose the best supplier to meet your order needs.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

3PL Links

DECEMBER 28, 2023

Strategic API integration allows logistics organizations to get almost real-time data and updates about orders and shipments. Marketplace : Third-party sellers can interface their inventory, pricing, and order processing systems with the Amazon platform by using APIs provided by Amazon Marketplace.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

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. It’s now time that inventory management teams did the same.

Inventory Reduction 98

Inventory Reduction Procurement Solutions Inventory Supply Chain Planning Software 98

EazyStock

FEBRUARY 17, 2021

Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control. Any business that carries inventory needs to avoid stockouts and back orders. Working with min/max order level quantities. Preventing stockouts (and back orders).

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

3PL Links

FEBRUARY 14, 2024

In particular, warehouses now have to deal with an unparalleled demand for efficiency and agility due to a significantly increased volume of orders. Order processing, packing, and shipping in a timely and accurate manner have become top priorities. Once more, the WMS system may hold the key to overcoming this obstacle.

Supply Chain Planning Software 48

Supply Chain Planning Software Scenario Planning Optimal Sourcing Sourcing Strategies 48

Transporeon

NOVEMBER 27, 2018

For the past few years, Transporeon Group has queried its extensive network of North American carriers on the state of the industry in order to gather insights on the issues that carriers are facing and how they see the transportation market evolving. needs 60,000 drivers this year to meet the growing demand for trucking services.

Survey 78

Survey Groups Transportation Price Reduction 78

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. Increased costs can reduce profits and cause cash flow challenges, impacting a business’s ability to invest in supply chain operations or fulfill orders. Higher costs of storage.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

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

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. A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much and when they need to order.

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. A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much and when they need to order.

Supply Chain Planning Software 52

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

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Therefore, it is important to measure how well these suppliers meet the expected high level of quality. Perfect Order Performance : It is often represented as a ratio that indicates measured change against a base change value for each measured process. Manufacturing KPIs. can be measured to define this metric. Financial KPIs.

Manufacturing Procurement 105

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

Morai Logistics

AUGUST 16, 2018

Prescriptive analytics is a decision making model that can help supply chains meet the increasing demands that have resulted from the revolution of technology. Now more than ever, the supply chain and logistics industry is under pressure to meet the unprecedented growing demands of consumers. Gartner Inc. Benefits for Supply Chains.

Supply Chain Software 60

Supply Chain Software Supply Chains Modeling Software Logistics Network Optimization Software 60

EazyStock

JUNE 23, 2022

But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Big data analysis allows you to get real-time information about the flow of supply chain operations and stock management. Introducing big data analysis into your business.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

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. Perfect Order. Even if you chose no other KPIs for your supply chain organisation, you’d do well to consider perfect order as an absolute essential.

Supply Chain Design Software 96

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