EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. Using algorithms, AI can provide better quality data and analysis to give a complete overview of your warehouse and supply chain. AI was once only seen in science fiction. Machine learning in warehouses.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

FreightWaves SONAR

MARCH 9, 2021

As a result, transportation fleets must leverage truck utilization data daily as well as load percent capacity, driver wellness and other KPIs to monitor the efficiency and optimization of each unit. Obviously, that’s only one example, but it shows the value of insight and using data that’s available now. . Request a SONAR Demo.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

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

FreightWaves SONAR

SEPTEMBER 29, 2023

For example, as seen in scenario A1, the global unconstrained demand for air cargo will fall by 14% of pre-crisis volumes in the second quarter of 2020 and will not rebound to 2019 levels until around mid-2022.” When planning for the future, industry players should thus use insights from commodity-based modeling. Consider this.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 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. In this post we focus on inventory planning and how to optimize stock levels despite erratic customer behavior and supply restrictions. However, ABC analysis is quickly out-of-date.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

EazyStock

OCTOBER 31, 2022

These could be quantitative methods such as exponential smoothing, regression analysis or econometric forecasting. Or qualitative methods, such as the Delphi method, historical analysis or the panel consensus. For example, market growth potential and the percentage gain of market share over a set period. 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

These could be quantitative methods such as exponential smoothing, regression analysis or econometric forecasting. Or qualitative methods, such as the Delphi method, historical analysis or the panel consensus. Top-down financial analysis measures the total market size while considering existing market trends.

Supply Chain Planning Software 52

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

EazyStock

FEBRUARY 17, 2021

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. Business then typically focus their resources to ensure tighter control over A items for optimal availability, while then considering B items and then C items.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

EazyStock

FEBRUARY 7, 2020

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. Many are turning to inventory optimization practices to balance their stock levels. Optimizing Inventory Levels as SKUs Grow.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

APRIL 18, 2023

For example, warehouse costs, insurance and financing. One way to do this is with ABC/XYZ analysis. Support operational efficiency with technology Implementing automation through inventory optimization software allows you to take control of your inventory. Higher costs of storage.

Supply Chain Planning Software 52

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

FreightWaves SONAR

MARCH 15, 2021

This lane-level intelligence provides insight into specific markets, origin/destination stability and contracted rates to inform both short-term and long-term (annual) trucking RFPs , freight network optimization decisions and more. Have confidence in lane-by-lane freight shipping bid analysis with Lane Acuity Plus.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

EazyStock

DECEMBER 13, 2021

For example, when there is only a day, a week or a month’s worth of stock left, based on the item’s average sales. Introducing ABC analysis to categorize your stock would help identify these so you can prioritize your time. These KPIs can easily be calculated in a ‘risk of stockout’ spreadsheet.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

Ship Monk

NOVEMBER 14, 2022

Fortunately, this will probably include some topics you’re already familiar with, such as: A market analysis Roles within the organization Product assortment (if adding new products to the catalog) A marketing plan (social media, newsletters, campaigns, etc.) 4 Reassess Any Issues Within Your Current Ecommerce Operations.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Locus

FEBRUARY 27, 2023

A sample product or free trial is the best example of this. This analysis is taken forward for effective, fast, and scalable implementation of the solution that is being designed. Schedule a Demo! It is the most fundamental value a customer experiences and is yet to utilize fully.

Optimization Software 52

Optimization Software Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills 52

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk.

eCommerce 87

eCommerce Inventory Reduction Operations Modeling Software 87

Freightos

NOVEMBER 21, 2023

Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU. America weekly prices increased 9% to $2.00/kg.

Optimal Sourcing 116

Optimal Sourcing Negotiating Skills Price Reduction Demo 116

EazyStock

AUGUST 9, 2022

Finding optimal healthy stock levels isn’t easy. With accurate demand forecasting information, inventory managers can set optimal stock levels to meet demand while keeping costs to a minimum. WMS systems not only keep track of stock levels but also locations in the warehouse to optimize space. Inventory optimisation software.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

EazyStock

APRIL 13, 2022

Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits. Optimizing your supply chain design starts with understanding your current supply chain. Examples of supporting software include: Warehouse management systems.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Locus

APRIL 5, 2022

Example: A wholesale business supplies meat to some of the restaurants regularly. Example: A brand supplies alcohol and beverages to retail outlets and restaurants regularly. With e-commerce order management software, B2B e-commerce businesses can optimize their order management based on customer preferences.

Digital 52

Digital Supply Chain Planning Software Optimization Software Supply Chain Software 52

Freightos

DECEMBER 6, 2023

Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU. Europe – N. America weekly prices rose 2% to $2.14/kg.

Negotiating Skills 99

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 99

Blue Grace Logistics

JUNE 21, 2018

Transportation Management Workflow may be defined as a supply chain workflow that connects and links the various parties involved along the chain from, for example, the seller’s warehouse to the buyer’s warehouse. These analyses can help you optimize your supply chain process and also provide overall cost reduction.

Cost Reduction 50

Cost Reduction Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 50

Shipchain

FEBRUARY 26, 2019

According to Allan Lyall, Pierre Mercier, and Stefan Gstettner at the Harvard Business Review, a considerable majority of supply chain functions could be “replaced by a smoothly running, self-regulating utility that optimally manages end-to-end workflows and requires very little human intervention” in the coming years. Boosting visibility.

Supply Chain Software 109

Supply Chain Software Supply Chains Automation Trends 109

Transporeon

MARCH 22, 2018

Suppliers can use this new flexibility to integrate effects from enhanced capacity utilization or to optimize the routes of certain allocation scenarios in a price calculation. The more options you give to your service providers for optimization, the more you will profit from their efficiency increases!

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48