20Cube Logistics

NOVEMBER 13, 2019

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. With forecasting the future supply chain and logistics events, the companies can be in a competitive position and prevent any monetary loss. billion USD to 12.4

Supply Chain Software 40

Supply Chain Software Analysis Supply Chains Inventory Reduction 40

Logistics Business Magazine

AUGUST 11, 2020

According to EazyStock, one area where big gains can be made is around inventory management. Many inventory planners are still reliant on basic stock management tools to carry out their challenging roles. Manual inventory management is labour intensive and can often lead to stock imbalances. The first is demand forecasting.

Inventory Reduction 67

Inventory Reduction Inventory Procurement Solutions Supply Chain Software 67

EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. Just in case inventory management doesn’t have to mean inflating stock to really high levels.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

Logistics at MPEPS at UPV

MARCH 31, 2019

Following an interesting course about Inventory Management, we received this phrase in a conclusion e-mail, that made me think. Indeed, there is no real solution or framework to optimize perfectly your inventory , unless you know how to predict the future and therefore I would love to meet you. AI, indeed, can be a great help.

Inventory Reduction 40

Inventory Reduction Inventory Optimization Software Course 40

Logistics Viewpoints

FEBRUARY 26, 2024

Buying organizations use this technology to monitor and analyze supplier risk events in real-time. These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when a negative event has occurred or may be about to occur.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 149

3PL Links

APRIL 5, 2024

Increasingly quick delivery requirements, fluctuating transportation costs, and unpredictability of outside events are just a few of the supply chain management difficulties businesses confront. Optimize inventory The goal of inventory optimization is to effectively control stock levels by preventing shortages or excesses.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Sourcing Strategies 48

Ship Monk

FEBRUARY 29, 2024

As much as we’d like to think that ecommerce is taking over the world, it still only accounts for around 21% of retail sales according to a 2023 Digital Commerce 360 analysis of U.S. A physical store can also help with inventory and returns in areas that may need logistical support. Department of Commerce figures.

eCommerce 87

eCommerce Inventory Reduction Waste Reduction Cost Reduction 87

Logistics Viewpoints

APRIL 4, 2024

During summer days, I didn’t mind doing inventory checks in the fridge and freezer because it meant I got to cool down. Another example of data normalization is accounting for lost sales due to stockouts or waste of perishable products due to overstocking of inventory.

Scenario Planning 137

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 137

TransAudit

JUNE 27, 2023

The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. Benefits of Machine Learning in Supply Chain Management One of the most potent applications of machine learning lies in inventory management.

Optimal Sourcing 69

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 69

Logistics Viewpoints

MARCH 25, 2021

Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity. A wide range of events could prevent your supply chain from operating normally, but not all events have an equal impact. Your plan should address technology, processes, and people.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 185

TransAudit

JULY 6, 2023

The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. Benefits of Machine Learning in Supply Chain Management One of the most potent applications of machine learning lies in inventory management.

Optimal Sourcing 52

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

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Moreover, cloud technology enables global access to information, explains Ship Rocket, so companies can ensure continued uptime regardless of local events or issues.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

Logistics Viewpoints

MAY 11, 2023

In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Inventory management Another area where digital twins can be beneficial is inventory management. come with any of them.

Optimization Software 142

Optimization Software Supply Chain Design Software Modeling Software Digital 142

MTS Logistics

SEPTEMBER 1, 2023

Building resilient supply chains that can quickly adapt to unexpected events is crucial. Demand Volatility Fluctuations in demand can lead to supply imbalances, either causing shortages or excess inventory. Forecasting accuracy becomes critical to prevent overstocking or stockouts.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 94

Logistics Viewpoints

FEBRUARY 16, 2021

And the impact doesn’t stop there, since trade-off decisions will be required to answer questions like which customer is most important to satisfy with the limited bolts in inventory and if production capacity should be reallocated. Scenario analysis allows you to weigh alternatives by calculating the effects of possible changes.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 170

3PL Links

DECEMBER 28, 2023

As the name implies, trend research looks to forecast future events mostly based on consumer behavior, which drives shifts in the needs, wants, and expectations of the market. Major e-commerce companies, for instance, currently employ forecasts, inventory data, and big data analytics to modify the products they suggest to consumers.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

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

NOVEMBER 17, 2022

The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue. The key is to keep track of your inventory planning and purchasing processes.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue. Tips for inventory planning during Black Friday.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue. Tips for inventory planning during Black Friday.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Procurement Solutions Purchasing Skills 52

GlobalTranz

APRIL 20, 2021

Whether it’s a pandemic, severe weather events, trade disputes and tariffs, economic upheaval, or even unexpected surges in customer demands, you can’t prepare for every eventuality. To build supply chain resiliency, leaders should consider these factors: Buffer inventory and shift away from JIT.? Redesign your network.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

MTS Logistics

NOVEMBER 20, 2023

Inventory Management Collect informative data on usage to make informed decisions based on supply and demand. This not only updates inventory needs and those of the supply chain but also simplifies the retrieval of lost items. Container Security Minimize cargo loss and theft through close monitoring of all materials.

Supply Chain Software 90

Supply Chain Software Refrigeration Temperature Logistics Network Optimization Software 90

SYSPRO Smarter ERP

MARCH 21, 2022

Primarily this meant increasing inventories as opposed to other strategies like nearshoring. It seems that manufacturers found it much quicker and cheaper to increase inventories than build regional factories. Risk analysis is becoming an important part of SCM. Not surprising as this period was the high point of the pandemic.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

Logistics Business Magazine

FEBRUARY 1, 2022

The financial analysis from the study found that companies had a net present value (NPV) of $59.79m and a return on investment (ROI) of 394%. An e-commerce fulfilment director at a fashion retailer shared: “DC labour shortages and high-demand events put stress on fulfilling orders. Most companies saw a ROI in less than six months.

Supply Chain Planning Software 64

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Cost Reduction 64

Logistics Viewpoints

JANUARY 26, 2021

Geopolitical events. including digital control towers fueled by artificial intelligence (AI), data science and analytics, strategic product segmentation, inventory management, operations intelligence and analysis, strategic sourcing, and effective pricing and promotions management. Natural disasters. The rise of ecommerce.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Logistics Viewpoints

MAY 17, 2021

The inventory that needs to be held for an e-tailer is based on the forecast. Based on the retailer’s forecast, inventory needs to be held to meet the expected sales. This better forecasting allows NBG to hold less inventory per sale. But the sites do not adjust for Black Swan events – like the pandemic.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Optimal Sourcing eCommerce 95

Blue Grace Logistics

JUNE 17, 2020

These disruptions are like black swan events which no one can forecast or plan for in advance. Each event – even if it is of the same kind – requires a specialized and unique response. Imagine the unimaginable: Organizations now need to think ahead and plan for events that may or may not happen.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 71

10xLogistics

JANUARY 19, 2023

The number” could be an ESOP number showing inventory requirements after detailed and exhaustive analysis of demand requirements or it could be something like what transportation or labor capacity I need to satisfy expected demand in the up coming months. If all your assumptions come true then this number will likely be “the number”.

Scenario Planning 48

Scenario Planning Document Supply Chains Events 48

CH Robinson Logistics

MAY 17, 2021

webinar, we provided an in-depth analysis of current supply and demand trends in the North American freight market. In relation to seasonal events, how does congestion in the ports impact trucking congestion? The strong economic recovery and need to rebuild retail inventory creates high out-of-season demand in port cities.

Webinar 62

Webinar Freight Inventory Reduction Manufacturing Procurement 62

Logistics Business Magazine

FEBRUARY 23, 2024

Polycrisis logistics When multiple supply chain disruptive events happen concurrently how can they be tackled? Neovia use Dexory to create a ‘digital twin’ of each warehouse, providing visualization and interpretation of inventory stock. For example, the Dexory View dashboard enables pick face analysis of volumes.

Logistics Network Optimization Software 50

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 50

Kanban Logistics

FEBRUARY 28, 2023

This lot number allows 3PLs to quickly identify batches of items in the event of a recall. In addition to lot control, WMS systems perform: Inventory management UCC-128 label support Integration with carrier systems (e.g., What will the facility do in the event of a recall? FedEx, UPS, USPS) and eCommerce platforms (e.g.,

Supply Chain Planning Software 52

Supply Chain Planning Software Temperature 3PL Optimization Software 52

MTS Logistics

FEBRUARY 16, 2024

Chinese New Year is a one-week event, but most factories are closed for a month which means the interruption of new orders. Importers tend to forward ship orders in order to prevent inventory issues, so there are always rate increases before the Chinese New Year holiday.

Freight 85

Freight Cost Reduction Inventory Reduction Scenario Planning 85

Blue Grace Logistics

MAY 10, 2021

These disruptions are like black swan events which no one can forecast or plan for in advance. Each event – even if it is of the same kind – requires a specialized and unique response. Imagine the unimaginable: Organizations now need to think ahead and plan for events that may or may not happen.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 62

GoShip Blog

JULY 7, 2021

To effectively get this done, you must conduct a thorough risk analysis to figure out the weakest links in your supply chain. It will also be best to build up your inventory and find backup suppliers from different locations in the event of a disruption. Partnering with a Logistics Expert.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 98

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020. Networking.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

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. Events and disruptions are par for the course in supply chain, so we need tactics to kick in for problem resolution.

Supply Chain Planning Software 135

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