SYSPRO Smarter ERP

AUGUST 7, 2023

In one of my previous blogs, “The Importance of Building a Business Case for ERP,” we looked at the significance of strategic planning and creating a solid business case before embarking on an Enterprise Resource Planning (ERP) implementation journey. With an ERP, all departments are looking at the same data.

ERP 98

ERP Manufacturing Procurement Optimal Sourcing Procurement Analytics 98

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. Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. ABC analysis, will help with this.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Blue Grace Logistics

MARCH 20, 2023

Shipper's Guide to Planning Ahead Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 20, 2023 Data shows there is a consensus that revenue will increase and inventory levels will build. The latest LCI forecasts an upwards trend for Q2.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Inventory Reduction Resource Reduction 62

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Inventory control can benefit from Artificial Intelligence (AI) because AI provides powerful insights for companies, highlighting interesting trends from large volumes of data that help procurement and warehouse teams to better manage the daily tasks of inventory management. Inventory management in the supply chain. Tracking issues.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Inventory Optimal Sourcing 105

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. The process is endless. It’s now time that inventory management teams did the same.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

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 is used to understand trends and patterns in behavior. Big data analysis allows you to get real-time information about the flow of supply chain operations and stock management.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

FreightWaves SONAR

FEBRUARY 23, 2021

The solution: Recognizing market trends as they occur in real-time is easier with access to actionable, insightful data. Unfortunately, ocean shipments data is rarely easily accessible or available for analysis by enterprise shippers. It’s a relatively simple concept.

Maritime 84

Maritime Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 84

EazyStock

FEBRUARY 1, 2021

Simply reacting to market change is not enough, because you may have insufficient stock to meet a surge in demand or even miss out on a trend altogether. In each case the future demand forecasting, replenishment and safety stock calculations need to be treated differently. Seasonality, trends, promotions and new products.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

EazyStock

MARCH 4, 2021

Most items in the growth stage will experience an upward demand trend. Secondly, you should identify items with seasonal demand patterns and market trends and again fine-tune the forecast. A basic form of inventory categorization is ABC analysis. With ABC analysis, you group products based on one dimension: value.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

FreightWaves SONAR

JUNE 7, 2023

Being able to automatically compare multiple rate, capacity and service trends on a lane-by-lane basis would enable shippers to fine-tune their RFPs and bid processes to bring down costs in only the lanes where they’re paying too much, so that they don’t increase the risk of service failures. Immediate freight cost reductions of 16.5%

Inventory Reduction 52

Inventory Reduction Cost Reduction Optimal Sourcing Price Reduction 52

3PL Links

APRIL 23, 2024

Read also: Top 9 Technology Trends for Your Warehouse in 2024 The supply chain Although it incorporates logistics, the supply chain is not to be mistaken with logistics. Artificial Intelligence (AI) plays a significant role in enhancing the cycle and boosting corporate success.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

EazyStock

AUGUST 21, 2020

We’ve written numerous blog posts on ways to reduce excess and obsolete inventory and lower inventory carrying costs. While these stats will vary to some degree, this is the theory behind ABC inventory analysis – a model that can be used to categorize your stock. Top five inventory reduction methods .

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates.

Supply Chain Planning Software 52

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

Blue Grace Logistics

AUGUST 30, 2021

What This Blog Is About: The current status of cold storage and transportation. What are the current and future trends in cold storage and transportation. As per the current analysis of Reports and Data , the global refrigerated transport market was estimated at $14.8 Cold storage construction is projected to reach $18.6

Optimization Software 62

Optimization Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 62

EazyStock

NOVEMBER 17, 2022

These should be based on previous sales periods during Black Friday, Small Business Saturday and Cyber Monday, or other similar promotional periods that can help the analysis. With a demand forecasting and purchasing optimization tool, you can automatically optimize replenishment for the best inventory values and service levels.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

These should be based on previous sales periods during Black Week, Black Friday, and Cyber Monday, or other similar promotional periods that can help the analysis. With a demand forecasting and purchasing optimization tool, you can automatically optimize replenishment for the best inventory values and service levels.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

These should be based on previous sales periods during Black Week, Black Friday, and Cyber Monday, or other similar promotional periods that can help the analysis. With a demand forecasting and purchasing optimization tool, you can automatically optimize replenishment for the best inventory values and service levels.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Procurement Solutions Purchasing Skills 52

EazyStock

FEBRUARY 7, 2020

In this three-part blog series we’re looking at each of these inventory management problems. A build-up of excess inventory and obsolete stock as social trends and technologies quickly change and forecasting models fail to keep up. Expanding product portfolios due to business growth and as customers demand more choice. Challenge no.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

JUNE 10, 2022

Calculating demand forecasts and replenishment parameters can also be very challenging and time-consuming without software. With easy API integrations with many Enterprise Resource Planning (ERP) tools , inventory managers can automate procurement and replenishment processes. Inventory management has many facets. Logistics tracking.

Optimal Sourcing 52

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

EazyStock

MARCH 26, 2018

However, in this blog post we will explain in a little more detail why EazyStock is different from your ERP inventory management capabilities and what value it brings to your business. You will get notified when you need to replenish, have outliers, or run the risk of a stock out. ” [1]. Automated alerts. Reports at a glance.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

EazyStock

JUNE 16, 2022

AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. ML models teach themselves over time by analyzing trends and spotting anomalies and then offering predictive insights.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 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. This KPI tells you the number of days your inventory would last without replenishment, before running out. Use weekly, monthly, and year-on-year data for your analysis.

Supply Chain Design Software 96

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

SYSPRO Smarter ERP

NOVEMBER 3, 2021

This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time. They are part of the quality management process and require an analysis of the top factors that drive returns to determine where interventions are required in the process. Warehousing KPIs.

Manufacturing Procurement 105

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

EazyStock

JANUARY 21, 2021

EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment. For starters there are many aspects to forecasting including seasonality, trends, adding promotional activity and allowing for forecasting error. Microsoft Dynamics 365 Inventory Management Features.

Inventory 52

Inventory Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

Freightos

MARCH 3, 2015

So when I asked Cathy Roberson, a senior analyst at Transport Intelligence and a tech-enthusiast who is vox supplychainus on Twitter at cmroberson06 , I was not surprised when she sent me back an analysis that seems to match up perfectly with some of Google’s recent projects: Google Glasses, Android and 3D printing.

Supply Chain Software 79

Supply Chain Software Supply Chains White Paper Logistics Network Optimization Software 79

Infosys Supply Chain Management

FEBRUARY 8, 2012

View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. | Main | Make your Assets Green, as Dollar is Green » A New Lens for Supply Chain Roadmaps.

Supply Chain Planning Software 34

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 34

EazyStock

OCTOBER 10, 2018

The real value businesses receive from big data is the ability to analyze data trends in real-time and accordingly extract critical data for management and operations. The value of big data is how quickly patterns and trends can be identified. Variety – The different forms of data sources. Veracity – The uncertainty of data accuracy.

Inventory Reduction 45

Inventory Reduction Supply Chain Planning Software Inventory Modeling Software 45

EazyStock

NOVEMBER 17, 2020

This can include statistical demand forecasting , advanced inventory planning and automated replenishment activities. Can you recognize the warning signs that your business needs automated inventory planning and replenishment ? Trends: Many items will experience demand trends.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

EazyStock

MARCH 3, 2022

Other factors to consider that will affect demand accuracy include: Demand trends – product demand will change due to fashions, technological changes, and social, economic and legal factors. Using ABC analysis will help you categorize your stock items and assign different stocking policies to each group.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

EazyStock

JUNE 25, 2018

You now have software handling complex calculations and data analysis for you at a much faster speed than any worker could generate. Here’s what you gain with automated inventory management: Efficiency. With automated inventory management, the most obvious benefit is more efficient processes.

Supply Chain Software 66

Supply Chain Software Supply Chain Planning Software Inventory Reduction Inventory 66

EazyStock

JULY 19, 2019

The world is going through several revolutions simultaneously; digitalization, globalization and security threats are just a few of the macro trends that affect companies and supply chains worldwide. Replenishment. This analysis helps you to determine which items to stock in your warehouse and which items can be ordered on demand.

Optimal Sourcing 55

Optimal Sourcing Optimization Software Inventory Optimization 55

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. Another thing we talk about quite often on our blog is how companies often misjudge the needs and preferences of their customers. Vendor-managed inventory or replenishment.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

EazyStock

APRIL 13, 2022

This will provide maximum analysis and understanding of your current setup and support sales and operations planning. Accurate demand forecasting is vital to ensure replenishment meets demand and you avoid over or understocking. You should keep on top of trends in supply and demand and any seasonal fluctuations. Purchasing.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

EazyStock

AUGUST 9, 2022

Some also produce picking lists and dispatch notes, and offer support with replenishment calculations. Inventory optimization software identifies demand types for each stock item and considers seasonality, trends, promotions, and new products when forecasting demand. Enterprise resource planning (ERP) software.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

Blog on Log

AUGUST 19, 2006

However, it provides an introduction to the logisticians of the current thoughts and trends in the arena and opens avenues for enthusiasts to explore further. It also includes ‘what-if’ sensitivity analysis and simulation techniques to sense the effects of delta changes in demand, supply, or network and helps respond better to changes.

Supply Chain Planning Software 40

Supply Chain Planning Software Logistics Network Optimization Software Tracking and Tracing Supply Chain Design Software 40

Infosys Supply Chain Management

SEPTEMBER 22, 2011

View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Business Assurance: Supply Chain Blogs. Procurement Blog. Wealth Management.

Supply Chain Planning Software 27

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 27