EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. The Importance of Improving your Inventory Turnover. Prioritize your inventory. Reorder smarter.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

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 ). But first here’s a quick reminder of what ABC classification of inventory is: ABC Classification Definition.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

EazyStock

FEBRUARY 17, 2021

What is Inventory Replenishment? Inventory replenishment is the process of moving stock items along the supply chain to ensure inventory levels are sufficient to cover demand. Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

EazyStock

DECEMBER 13, 2021

Many inventory management teams are looking for ways to avoid stockouts, as they can cause problems across the entire organization. However, there are steps you can take to improve your inventory management processes and be better prepared to prevent regular stock availability crises in your business. Demand forecasts. Lead times.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

Freightos

JANUARY 30, 2024

Judah Levine January 30, 2024 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) increased 38% to $4,099/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 21% to $6,152/FEU.

Optimal Sourcing 109

Optimal Sourcing Negotiating Skills Demo Optimization Software 109

EazyStock

FEBRUARY 7, 2020

Inventory Management, Business Growth & Expanding Product Portfolios. At EazyStock we talk to a lot of small- and mid-sized businesses (SMBs) who are struggling to effectively manage their inventory. In this three-part blog series we’re looking at each of these inventory management problems.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 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. Investing in the Right Inventory.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

EazyStock

DECEMBER 21, 2022

Inventory demand forecasting is how companies predict customer demand for an inventory item over a defined period. Accurate inventory demand forecasting enables a company to hold the right amount of stock, without over- or under-stocking, for optimum inventory control. What is demand forecasting?

Modeling Software 52

Modeling Software Optimization Software Inventory Reduction Optimization Modeling 52

EazyStock

OCTOBER 31, 2022

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. They will aim to have enough stock to avoid stockouts, but not so much that they end up with obsolete stock or high inventory values. Why is demand planning important?

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

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. They will aim to have enough stock to avoid stockouts, but not so much that they end up with obsolete stock or high inventory values. Why is demand planning important?

Supply Chain Planning Software 52

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

EazyStock

DECEMBER 21, 2022

Inventory demand forecasting is how companies predict customer demand for an inventory item over a defined period. Accurate inventory demand forecasting enables a company to hold the right amount of stock, without over- or under-stocking, for optimum inventory control. What is demand forecasting?

Modeling Software 52

Modeling Software Optimization Software Inventory Reduction Optimization Modeling 52

FreightWaves SONAR

DECEMBER 10, 2020

Descriptive analytics are a powerful tool for managers that allows them to track existing inventory supply and automatically notify others of any potential shortage in available inventory and more. Using historical data, freight managers can identify when more inventory, human resources, trucks and revenue may be needed.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Freight Resource Reduction 52

Logistics Business Magazine

JANUARY 16, 2023

The Stratford-upon-Avon based company, which was established in 2007 and recently won a Queen’s Award for Enterprise, is additionally enjoying consistent control of inventory and outbound processes, which help deliver a first-class customer experience. Their agile approach means giving clients select parts of the system (e.g.

Procurement Solutions 56

Procurement Solutions Purchasing Skills Procurement Analytics Logistics Network Optimization Software 56

Log-hub

SEPTEMBER 4, 2023

Inventory levels rise at various stages in the supply chain because of the lack of demand clarity about the future. Inaccurate Demand Forecasting and Inventory Management : Predicting customer demand accurately is challenging due to the fluctuations in demand that can possibly lead to overstocking or understocking.

Supply Chain Planning Software 40

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 40

Log-hub

SEPTEMBER 4, 2023

Inventory levels rise at various stages in the supply chain because of the lack of demand clarity about the future. Inaccurate Demand Forecasting and Inventory Management : Predicting customer demand accurately is challenging due to the fluctuations in demand that can possibly lead to overstocking or understocking.

Supply Chain Planning Software 40

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 40

EazyStock

JUNE 16, 2022

Inventory management and AI. 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.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

FreightWaves SONAR

MARCH 18, 2021

Limited insight into inventory demands resulting in problems procuring raw materials The manufacturing supply chain depends on the availability of raw materials to create and distribute goods and products. Request a SONAR SCI Lane Acuity demo to get started or click the button below. Request a SONAR Demo.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. In 2022, inflation rates peaked at 9.1%

Supply Chain Planning Software 52

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

FreightWaves SONAR

DECEMBER 3, 2020

Analytics-driven processes to reduce excess inventory. Yet analytics-driven processes can reduce excess inventory. And they keep inventory levels lean. Improved planning through wait time analysis benefits all parties. Learn how your company can use freight data analytics by getting a SONAR demo via the button below!

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

Locus

APRIL 3, 2023

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. All successful modern-day businesses rely on an efficient system of logistics management. from 2019 to 2025.

Optimal Sourcing 52

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

FreightWaves SONAR

MARCH 11, 2021

Avoid inventory problems and deviations during shipment. Streamline data collection and analysis. Take advantage of innovative data and analytics, including Lane Acuity Plus as part of SONAR SCI by requesting a FreightWaves SONAR demo via the button below. . Request a SONAR Demo.

Data 98

Data Supply Chain Planning Software Supply Chain Software Expense Reduction 98

Locus

NOVEMBER 28, 2023

Leverage Technology: Incorporating advanced technologies such as Artificial Intelligence and Machine Learning can assist in predictive analysis, inventory management, and automation of the return processes, reducing manual errors and operational costs. Looking to mitigate the challenges posed by returns?

Cost Reduction 52

Cost Reduction Inventory Reduction Strategy Optimization Software 52

Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. The combinatorial factors disrupting supply chains persist, but in this case the problem was completely preventable.

Supply Chain Planning Software 135

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 135

FreightWaves SONAR

MARCH 9, 2021

The better global retailers and BCOs understand market conditions through smart data analysis, the easier they will secure on-time drayage moves or deliveries. As such, they avoid out-of-stock inventory and can meet customer demands. Connect with FreightWaves to request a SONAR demo or by clicking the button below to learn more.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

Conger

JULY 22, 2021

Keeping track of inventory. Managing inventory. A web visitor lands on the site, browses the inventory, and places their order. An eCommerce warehouse management system, on the other hand, deals with inventory management and fulfillment. Better Inventory Management. What Does Warehouse Management Involve?

Supply Chain Design Software 52

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

FreightWaves SONAR

SEPTEMBER 29, 2023

DATA ALSO AFFECTS INVENTORY MANAGEMENT While on the topic of freight data and its use in meeting just-in-time fulfillment, it is important to consider the lean conundrum. The lean conundrum is the problem that was created by a sudden surge in demand and extremely lean inventory management strategies. So, what can companies do?

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

Ship Monk

DECEMBER 15, 2023

Mature ecommerce businesses use every source of data they can get their hands on, from shopping platform analytics to inventory and fulfillment platforms. Did you run out of inventory? A robust warehouse management system can track storage and inventory costs by unit, numbers that can be difficult to determine without the technology.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Locus

JUNE 16, 2023

A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024. Idling costs: Idling is a considerable challenge in urban areas due to the inefficiency in fuel consumption and the potential for vehicle wear and tear.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Locus

AUGUST 1, 2023

On a holy day of fasting much before Ramadan starts, your delivery manager enters the office and is shocked to see the inventory piled up and receiving continuous Where Is My Order (WISMO) calls. Is there a connection between inventory piled up and continuously receiving WISMO calls? Chaotic scenario, isn’t it?

Optimization Software 52

Optimization Software Logistics Network Optimization Software Inventory Reduction Resource Reduction 52

Ship Monk

NOVEMBER 14, 2022

vs. 2021 , supply chain and freight issues have resulted in numerous inventory challenges, costs have been challenging to predict, and we have entered (and exited) a technical recession whose reach and effects are still to be fully determined. Ecommerce growth is expected to be up about 2.5% Part 2: Tips for Peak Season 2022.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Log-hub

DECEMBER 12, 2023

When it comes to network design optimization, you might want to run AS-IS Analysis, design a completely new network from scratch, optimize an existing network, or compare future strategies. It is indeed a simple analysis if you have the right tool. Does the optimization process end here? You can try, but probably not.

Supply Chain Design Software 52

Supply Chain Design Software Scenario Planning Supply Chain Design Supply Chain Planning 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. If you’re not careful, the costs of forecasting can outweigh the potential savings in inventory costs. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 87

eCommerce Inventory Reduction Operations Modeling Software 87

FreightWaves SONAR

APRIL 29, 2021

Higher inventory levels. Inventory that is closer to consumers. The range we use in the analysis below is the assumption that transportation costs range from 1% to 5% of retailers’ cost of sales. . Request a SONAR Demo. Request a SONAR SCI Demo. Reduced labor availability and labor inflation. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Log-hub

DECEMBER 8, 2023

If you’re keen on exploring further opportunities in routing optimization, shipment performance, pattern analysis, network design, demand forecasting, or inventory management, delve into our comprehensive Supply Chain Apps portfolio. Book a customized demo The post Playbook – How to handle rising transportation costs?

Cost Reduction 52

Cost Reduction Optimal Sourcing Handling Supply Chain Design Software 52

EazyStock

AUGUST 9, 2022

From controlling inventory to providing quoting processes and managing suppliers to delivering warehouse management capabilities, such as picking, packing, and shipping. Distribution software can bring many benefits to inventory management teams, and the wider business, including: Accurate demand forecasting. Real-time tracking.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

EazyStock

APRIL 13, 2022

Supply chain strategy execution – this is where inventory teams will manage warehouses and inventory levels to ensure the company can meet customer demand. This will provide maximum analysis and understanding of your current setup and support sales and operations planning. Inventory optimization. Purchasing.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Freightos

DECEMBER 13, 2023

Judah Levine December 13, 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) fell 1% to $1,603/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 5% to $2,497/FEU.

Negotiating Skills 89

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 89