EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Conger

APRIL 1, 2024

Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Examples include cleaning and lubricating the moving parts or replacing parts before they wear out. The secret to achieving efficiency lies in adopting robust maintenance strategies. Let’s dive in!

Material Savings 83

Material Savings Expense Reduction Resource Reduction Cost Reduction 83

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. The use of wearables will continue to be one of the top trends throughout the remainder of 2016 and upcoming years as well.

Supply Chain Design Software 59

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

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system. Ongoing Spend Analysis.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Logistics Viewpoints

APRIL 10, 2024

For example, a robust supply chain may have backup power generators, firewalls, security systems, and emergency plans to prevent or mitigate the effects of disruptions. For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 150

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. So it makes sense to look for ways to reduce inventory and keep levels under control!

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

FreightWaves SONAR

MARCH 26, 2024

Take, for example, the market of Twin Falls, Idaho in comparison to Lakeland, Florida. Additionally, SONAR freight data offers bulk lane analysis in a variety of ways for users to understand drastic changes in rates, volumes, rejection data and more on a week-over-week or month-over-month basis.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Data Scenario Planning 52

Logistics at MPEPS at UPV

MAY 11, 2022

To do this, it is necessary to adapt to each type of customer, segmenting them in order to define specific strategies that are adjusted to each type of client. Suppliers use predictive analysis based on the purchasing patterns of their customers to determine the amount of raw materials needed at any moment. link] Tom, K. link] Unknown.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Logistics Bureau

JANUARY 3, 2018

It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for Supply Chain Pros to Watch in 2018.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Design 76

SYSPRO Smarter ERP

JUNE 9, 2022

Here’s an example. The BI tool needs to be able to easily pull all this data together for analysis. Bringing in additional outside data sources can make analysis even more powerful by enabling one to look at a question from a more holistic point of view. ERP and business intelligence.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

Logistics Viewpoints

OCTOBER 11, 2021

Jackson Wood, director of industry strategy for global trade intelligence at Descartes. I had interesting conversations with Jackson Wood- director of industry strategy for global trade intelligence at Descartes, and Linda McKee – director of solution management for global trade services at SAP. Both are leaders in this market.

Compliance 116

Compliance SAP Vendor Strategies Sourcing Strategies 116

GlobalTranz

NOVEMBER 16, 2016

Meanwhile, stakeholders do not get to reap the rewards of this new tech trend , and the overall enterprise suffers without realizing it. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. How to Get Started with Your Big Data Strategy. .

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

Turvo

JANUARY 26, 2021

Supply chain data analytics can interconnect many different focus points and minimize risks by giving managers tools and insight into past trends, so they do not try to make choices for the future blindly. It provides the trends and data that can help them make informed choices about preparing for the coming quarter and the season.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 73

Logistics Business Magazine

DECEMBER 22, 2020

For example, integrating temperature-sensing solutions such as Zebra Temptime can indicate if vaccines, medications, biologics, blood, food and more have been exposed to potentially hazardous conditions that could impact their efficacy or safety. Several dynamics and trends are impacting the warehousing and supply chain landscape.

Supply Chain Software 46

Supply Chain Software Supply Chain Planning Software Automation Trends 46

SYSPRO Smarter ERP

OCTOBER 20, 2021

This would make it almost impossible to identify any trends around things like customer preferences and demands, as well as to define the optimal future direction for your organization from a technology perspective if the organization only produced analogue data. Digital transformation: a strategy.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

FreightWaves SONAR

JULY 24, 2023

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Without excellent and clear communication, these trends will not be identified and acted upon until it is too late. The costs of logistics as a ratio of total expenses are too significant to ignore.

Cost Reduction 106

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 106

GlobalTranz

FEBRUARY 15, 2017

Consequently, you need to understand the top five trends in manufacturing tech and how they relate back to connected devices and the IoT. The First 5 Manufacturing Tech Trends of 2017. Artificial intelligence also goes back to the increased collection, analysis and application of meaningful data in business.

Cost Reduction 74

Cost Reduction Modeling Software Optimization Software Price Reduction 74

Logistics Viewpoints

AUGUST 14, 2023

Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. McKee says that at SAP what she is seeing is a trend towards having more deals originating from a supply chain organization, SAP’s customers still typically originate from finance.

Compliance 105

Compliance Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 105

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Approaching a demand analysis with historical data and seasonal variations is no longer competent. Simple Examples of Predictive Analytics. Every step of the way can use predictive analysis.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

GlobalTranz

JANUARY 18, 2016

After taking a look at the automation technology trends in logistics from our first post, take a look at how these technology trends in logistics will grow and what impact they will have for the industry. This specific example may also be applied to a new concept in logistics, tracking shipments with Bluetooth technologies. .

Logistics Network Optimization Software 72

Logistics Network Optimization Software Optimization Software Supply Chain Software Trends 72

FreightWaves SONAR

FEBRUARY 25, 2021

Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. The use of logistics automation means making it easier than ever to adapt and adjust to changing market trends and consumer demands.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning?

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning? Demand sensing.

Supply Chain Planning Software 52

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

IoT World Today

MAY 24, 2021

Organizations need to build supply chain resiliency into their strategies in the face of an increasingly connected world with new attack vectors. The global supply chain, for example, has been hit hard over the past 15 months, creating supply shortages and imbalanced demand. Supply Chain Becomes Flashpoint for Geopolitical Conflict.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 105

GoShip Blog

JULY 11, 2022

However, businesses that had incorporated automated systems and AI solutions into their warehousing strategy were able to weather the storm better. Changes in market situations and consumer trends will continuously put pressure on your supply chain. This also allows you to devise the best strategy to future-proof your facility.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Cost Reduction 52

Talking Logistics

SEPTEMBER 4, 2018

For Management: a balancing strategy, etc…. It is about keeping all (well most) of the stakeholders of the supply chain content and taking into consideration the supply chain strategy of the organization. Is there a common trend in inventory management? Example C: Oil & Gas – Products and services are diverse.

Inventory Reduction 69

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 69

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. However, it is now common in everyday life.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Logistics Business Magazine

JANUARY 15, 2024

Occupying more than 500 square meters, Linde MH’s main booth in Hall 10 (Booth B21 and B17) highlights current trends in intralogistics: Automation, Energy, Safety and Warehouse Intelligence. This can be followed by further analysis within the company,” explains Rochelmeyer.

Modeling Software 59

Modeling Software Optimization Software Material Savings Expense Reduction 59

FreightWaves SONAR

FEBRUARY 2, 2021

The state of logistics in 2021 continues to undergo transformation and disruption (continued from 2020), and while companies are looking for new logistics strategies to stay proactive, there comes a point at which supply chain leaders need a simple, fast way to view market conditions. These factors are further seen in top-industry trends.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FreightWaves SONAR

FEBRUARY 16, 2021

By using strong management and analysis processes, supply chains can maximize value and stay competitive. Streamline data capture and analysis. Freight intelligence tools help management develop a more unified freight strategy. Data for the sake of data is meaningless without proper, automated analysis and data capture.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Logistics Viewpoints

JANUARY 26, 2021

Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts. In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”. A Positive Example.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Logistics Bureau

MAY 24, 2021

It’s a good one to consider, and perhaps an appropriate stimulus for companies to review inventory performance and revise their strategies. Using the previous example, dividing 365 days by 10 gives you 36.5 Today, the question is more about how much inventory is sufficient to safeguard the supply chain from disruption.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

The Logistics Academy

JULY 26, 2017

The government of Singapore recently outlined its vision for the country’s future, describing how different sectors could harness technology, innovation and mega-trends in order to take the city-state to the next level. Photo: Sarah Starkweather/Flickr. of Singapore’s GDP and over 8% of jobs. Focus on Talent Development.

Sourcing Strategies 60

Sourcing Strategies Resource Reduction Logistics Network Optimization Software Supply Chain Software 60

MTS Logistics

DECEMBER 20, 2023

Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations. Let’s dissect the essential elements that make up this dynamic strategy: 1. Elastic logistics also ushers in a new era of supply chain resilience.

Supply Chain Software 82

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 82

FreightWaves SONAR

FEBRUARY 25, 2021

Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. The use of logistics automation means making it easier than ever to adapt and adjust to changing market trends and consumer demands.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

Logistics Viewpoints

JUNE 29, 2021

For example, my company relies heavily on “lat-long” data, or data that provides latitude and longitude coordinates for freight. Data should also be inspected at a unit level, as well as at an aggregate level, as the latter can illuminate bigger-picture trends. The next step is to inform someone.

Data 146

Data Supply Chain Design Software Supply Chain Planning Software Digital 146