FreightWaves SONAR

FEBRUARY 25, 2021

For example, think about the use cases of these most impactful benefits to come from logistics upgrades and automation include: Continuous development of SaaS and a renewed focus on customized service offerings. Improved predictive analysis and projection with logistics automation data and insights. Request a SONAR Demo.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

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

FEBRUARY 25, 2021

For example, think about the use cases of these most impactful benefits to come from logistics upgrades and automation include: Continuous development of SaaS and a renewed focus on customized service offerings. Improved predictive analysis and projection with logistics automation data and insights. Request a SONAR Demo.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

EazyStock

OCTOBER 31, 2022

When purchasing such software, it’s essential to consider how well the tool can handle stock items with different demand profiles, the provider’s reputation, reporting capabilities, and the transparency and reliability of its forecasts. Or qualitative methods, such as the Delphi method, historical analysis or the panel consensus.

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

When purchasing such software, it’s essential to consider how well the tool can handle stock items with different demand profiles, the provider’s reputation, reporting capabilities, and the transparency and reliability of its forecasts. Or qualitative methods, such as the Delphi method, historical analysis or the panel consensus.

Supply Chain Planning Software 52

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

FreightWaves SONAR

MARCH 15, 2021

That combines to help enterprises define and assess their ranking among peers by avoiding dairy to automotive comparison as an example, identify issues within existing bids, recognize the contributing factors affecting lane stability, apply seasonality and accessorials. Tools for day to day tactical management of freight.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

RPA Labs

AUGUST 19, 2021

How RPA Enables Freight Document Management and Improves Data Collection, Analysis, and Application. This serves as a striking example of how freight document management systems and improved data collection, analysis, and application can improve every step of domestic and international shipments.

Document 40

Document Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 40

RPA Labs

AUGUST 19, 2021

How RPA Enables Freight Document Management and Improves Data Collection, Analysis, and Application. This serves as a striking example of how freight document management systems and improved data collection, analysis, and application can improve every step of domestic and international shipments.

Document 40

Document Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 40

FreightWaves SONAR

FEBRUARY 2, 2021

As examples, the characteristics of SONAR indices have helped to build the reputation of the SONAR freight forecasting platform and include: Larger sample size. Consistency in data aggregation and analysis are key to maintaining index validity, applicability and actionability. Instantaneous analysis. Request a SONAR Demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

Conger

JULY 22, 2021

For example, these systems can handle tasks ranging from: Receiving goods. For example, a Shopify storefront is an eCommerce platform. A Shopify storefront is an example of an eCommerce platform. Take our Shopify example again. One of the best ways to determine this is to request a demo from the vendor.

Supply Chain Design Software 52

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

EazyStock

OCTOBER 20, 2020

ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company. ABC analysis, will help with this. For example, you should consider setting different service levels, safety stock levels and reordering parameters for each category. Schedule a Demo.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

EazyStock

JULY 13, 2020

You can then prioritize these items over others; for example, checking demand, stock levels and reviewing lead times more frequently to help ensure availability at all times. However, with an inventory optimisation tool like EazyStock, this becomes a straightforward task. However, ABC analysis is quickly out-of-date.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

FreightWaves SONAR

FEBRUARY 5, 2021

For example, trades that are made through the Robinhood app are executed by hedge funds like Citadel. Another example is a carrier that pushes rate increases on shippers when the market doesn’t support that action, and vice versa, when large shippers push rate decreases on carriers when the market doesn’t support that action.

Trucking 98

Trucking Negotiating Skills Logistics Network Optimization Software Data 98

FreightWaves SONAR

JUNE 10, 2021

From a brokerage perspective, identifying markets that are tightening in relation to others is extremely important – brokers can use these SONAR tools to know which loads they need to focus on and secure capacity for them first. Request a SONAR Demo. Employed as guides, these new indices can be used to make more informed decisions.

Trends 52

Trends Capacity Outbound Inbound 52

FreightWaves SONAR

DECEMBER 29, 2020

As an example, the increased port activity will eventually translate into added trucking demands for nearby markets. Reap the rewards of insightful freight data analytics with FreightWaves SONAR at your fingertips The only way forward in logistics lies in the careful analysis of transportation data. Request a SONAR Demo.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

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

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. For example, some will be at the growth stage with either positive demand or ‘fast’ demand e.g. selling a steady volume. 1: Supply chain complexity.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 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 85

eCommerce Inventory Reduction Operations Modeling Software 85

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. One needs to do extensive and thorough data analysis of all current costs within the transportation and logistics silos.

Cost Reduction 50

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

EazyStock

APRIL 13, 2022

This will provide maximum analysis and understanding of your current setup and support sales and operations planning. For example, having more accurate demand forecasting, warehouse automation, diversifying your supplier network or bringing new technologies on board to give you real-time data. Inventory optimization.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Transporeon

MARCH 22, 2018

However, the more information you request within an RFQ, the more complex the analysis of the results will turn out. In the example, the lanes 1 and 2 would be 100% awarded to "Carrier B." In our simple example, this step could have been done manually. " Lanes 3, 4 and 5 would be 100% awarded to "Carrier A."

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48