EazyStock

MARCH 4, 2021

This post will explain how, but first, let’s deal with a few simple definitions. Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle. A basic form of inventory categorization is ABC analysis.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

GlobalTranz

SEPTEMBER 8, 2017

At the moment, many systems are hybrid, meaning that supply chains normally use a mix of paper-based and IT-enabled processes. For a truly successful transformation of the existing system into a digital one, development of an orderly process to implement and integrate the necessary technologies is key. Proper research and analysis.

Supply Chain Software 83

Supply Chain Software Supply Chains Digital Waste Reduction 83

Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. The Key to Long-Term Success: Build Agility, Resilience and Profitability Together.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 150

Logistics Bureau

SEPTEMBER 20, 2022

To be sure, you need to have a definitive picture of your current logistics costs, against which you can benchmark the projected costs of working with prospective 3PL partners. The best way to do that is by completing a thorough analysis of current actual costs versus the projected costs associated with commencing—or ending—a 3PL partnership.

Outsourcing 98

Outsourcing Cost Reduction Resource Reduction Expense Reduction 98