GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Ship Monk

MARCH 30, 2024

We’re talking the tools, technology, and team members who set you up for success on all fronts. Superior 3PL Software Omnichannel ecommerce order fulfillment is a complex, multi-tiered operation. Never fear; an expert 3PL can eliminate that stress with the right software.

3PL 85

3PL Supply Chain Design Software Optimization Software Supply Chain Software 85

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. So what can you do to ensure your inventory management meets the challenge of multichannel sales?

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. They have well-executed inventory replenishment processes that ensure items are reordered in the right quantities and at the right time to meet actual customer demand. 5 Inventory Replenishment Strategies to Increase Profits. Smart inventory purchasing.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

EazyStock

AUGUST 21, 2020

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfillment targets. There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

Logistics Viewpoints

NOVEMBER 6, 2023

As corporations announce plans to be Net Zero across their end-to-end supply chain at some point in the future – often 2050 – they then need their suppliers to participate in helping them meet their goals. Increasingly, companies will take sustainability criteria into account in their purchasing decisions.

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Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 133

Logistics Viewpoints

OCTOBER 26, 2022

ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs.

Supply Chain Software 162

Supply Chain Software Automation Supply Chain Design Software Supply Chain Planning Software 162

Blue Grace Logistics

AUGUST 10, 2021

Over the last decade, ever since social media and the IoT became common-place mediums, there has been a change in marketing tools and strategies. A more streamlined communication is provided by omnichannel strategies. Omnichannels blur the line between online and in-person purchases.

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

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. Determining the right stock levels to meet demand is vital for customer satisfaction. It will be easier and faster to implement software. 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. Working out the right stock levels to meet demand is vital for customer satisfaction. Choose and implement demand planning software. What is demand planning?

Supply Chain Planning Software 52

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

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. However, how pragmatic is this solution and how does one put this into practice? billion by 2022.

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

EazyStock

NOVEMBER 19, 2020

Stock replenishment is an important aspect of inventory management, as it ensures the right stock items are being reordered to meet customer demand. But when looking at the bigger picture the ‘best-price’ is not always the most cost-effective way to procure a product. purchasing at the right time and in the right quantities.

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98

SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer.

Manufacturing Procurement 116

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

EazyStock

APRIL 18, 2023

When demand fluctuates, and costs rise, it can be tempting to throw out long-term strategies to react to these changes. Higher interest rates make borrowing money more costly, making financing day-to-day operations such as inventory procurement, transportation and storage more expensive. One way to do this is with ABC/XYZ analysis.

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

Penske Move Ahead

JULY 23, 2020

Kearney and lead author of the 31 st Annual State of Logistics Report ® , said the COVID-19 pandemic has brought risks to life, transforming the way companies think about supply chains, the logistics that enable them and the tools they need to be successful. That means technology, and 3PLs are investing in technology."

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Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Optimization Software 28

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

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

Blue Grace Logistics

AUGUST 3, 2021

Communication and equality are the central axes of the process of transforming a supplier into a valuable business partner for the strategy, success, and growth of a company. Supply chain management is characterized by the fact that all interested parties collaborate towards a common strategy or to achieve a common objective.

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Maintainability Price Reduction Purchasing Skills Resource Reduction 117

EazyStock

JUNE 16, 2022

It uses algorithms, software, or systems to learn and adjust without specific programming. Inventory management teams have the difficult task of calculating healthy stock levels to meet demand without over- or under-stocking. For example, you can adjust the speed and volume of order processing to meet demand.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

EazyStock

OCTOBER 20, 2020

Inventory control is a key function of supply chain management that maintains appropriate quantities of stock to meet customer demand. 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. What is stock optimization?

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Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Logistics Business Magazine

MARCH 21, 2023

in partnership with Google Cloud and Zebra Technologies, has announced the findings of the industry’s first real-world analysis of Unified Commerce in specialty retail. Unified Commerce solutions combine a retailer’s front- and back-end systems to establish a single view of the business. Manhattan Associates Inc.,

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Inventory Reduction Modeling Software Procurement Solutions Study 58

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

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Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

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. Customer Engagement It’s never a bad thing to meet your customers face to face and hear what they have to say about your products.

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eCommerce Inventory Reduction Waste Reduction Cost Reduction 87

GlobalTranz

FEBRUARY 27, 2015

Editor’s Note: Today we are featuring this guest post from Find Accounting Software as it covers a subject we are also interested in, Manufacturing Technology which makes businesses more efficient. There’s one voice that’s often conspicuously absent from the online ERP software conversation: the one belonging to actual users.

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Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. Carrier Vetting for OTR Freight.

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Optimal Sourcing Supply Chain Planning Software Negotiating Skills Supply Chain Software 123

Logistics Viewpoints

DECEMBER 1, 2022

Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. Theme 1: Global supply chains will be busy, congested and chaotic.

Cost Reduction 119

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 119

EazyStock

JUNE 23, 2022

All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Advanced software systems can make this easier and bring significant benefits to your business. What is big data?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

3PL Links

FEBRUARY 14, 2024

Effective logistics planning is becoming more than simply a strategy; in 2024, it will be essential to a company’s success. The simplicity of making purchases with a few clicks has completely changed the retail scene, but it has also brought with it a number of logistical difficulties that might continue into 2024.

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Supply Chain Planning Software Scenario Planning Optimal Sourcing Sourcing Strategies 48

GlobalTranz

AUGUST 30, 2018

The manufacturing industry is experiencing a global boom, and this is the very reason that modern manufacturers need a great ERP solution to improve efficiency. So, if you are still wondering why to invest in an ERP software suite – don’t waste any more precious time. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.

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Supply Chain Planning Software Optimization Software Manufacturing Procurement Modeling Software 49

GoShip Blog

JANUARY 26, 2021

In today’s customer-centric world, it is critical to meet and even exceed your customer expectations as a small business. Thus, businesses should develop a flexible shipping strategy that will provide enough visibility to enhance the ultimate leg of the supply chain – last-mile delivery. End-to-end visibility with technology.

Inventory Reduction 72

Inventory Reduction Supply Chain Planning Software Expense Reduction Supply Chain Software 72

EazyStock

MARCH 26, 2018

Through better inventory management, we’ve been able to support our stock management and procurement processes much better, which has even resulted in higher profits!” You want to have the right products in stock to be able to meet your customers’ expectations on delivery times. ” [1]. Target service levels.

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ERP Inventory Reduction Inventory Optimal Sourcing 72

GoShip Blog

APRIL 22, 2022

When demand forecasting steps into the game, it allows retailers to meet their customers’ needs. Demand forecasting is a highly efficient tool for any business type. According to statistics, about 80% of customers prioritize personalized service when purchasing. A successful business is unlikely without studying your audience.

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Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 40

Conger

DECEMBER 13, 2022

How they’re different from other software systems. Other Warehousing Software. A warehouse management system (often abbreviated as “WMS”) is a software solution used to administer, coordinate, organize, and monitor warehousing processes and operations to fulfill orders. How warehouse management systems work.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 52

MTS Logistics

DECEMBER 12, 2022

That’s why they need to leverage the latest technologies available in leading delivery management solutions, making sure their fulfillment offers are as cost-effective as possible. Leading into 2023, although a rail strike seems to be avoided for now, there are still not enough truckers to meet current or future demand.

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Supply Chain Software Supply Chains Trends Cost Reduction 84

GlobalTranz

OCTOBER 23, 2015

Sales, Inventory, and Production Planning (SIOP) should be used for business planning and strategy in the shipper, 3PL relationship. Are they meeting all of their goals? Scorecard analysis, % to all goals, and critical path: “What KPI is holding us back from overall success? Strategic Business Planning. What is lacking?

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3PL Supply Chain Planning Software Resource Reduction Supply Chain Design Software 99

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Ship Monk

JULY 7, 2022

It may sound tempting to force your customers into purchasing in larger quantities, but is it the best way to grow your business? This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online. Minimum Order Quantity vs. Pricing Strategy.

Purchasing Skills 88

Purchasing Skills eCommerce Ordering Negotiating Skills 88

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

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Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122