EazyStock

AUGUST 28, 2023

Data analysis: Software’s powerful algorithms and complex calculations make it easy to analyze data to identify trends, patterns, and correlations. You’ll be able to calculate the optimal reorder points and set the right safety stock levels to meet any variance in demand and lead times.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

FreightWaves SONAR

FEBRUARY 23, 2021

As experienced personnel retires, not enough hands come in to replace them to meet current levels of demand. The solution: Recognizing market trends as they occur in real-time is easier with access to actionable, insightful data. One of the greatest challenges to overcome remains the simple lack of new maritime shipping professionals.

Maritime 84

Maritime Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 84

EazyStock

OCTOBER 20, 2020

Inventory control is a key function of supply chain management that maintains appropriate quantities of stock to meet customer demand. Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Look out for such trends in your historical demand data and adjust your forecasts accordingly.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

EazyStock

JUNE 23, 2022

But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Big data is used to understand trends and patterns in behavior. Big data analysis allows you to get real-time information about the flow of supply chain operations and stock management.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

MTS Logistics

AUGUST 15, 2022

at all costs to meet order demand from large retailers and consumers. And this trend is here to stay for the foreseeable future. The supply chain and logistics usually move ahead of trends. Importers would want to replenish their inventories prior to the Chinese New Year which falls on the last week of January 2023 this year.

Supply Chain Software 92

Supply Chain Software Capacity Supply Chains Replenishment 92

EazyStock

FEBRUARY 1, 2021

Simply reacting to market change is not enough, because you may have insufficient stock to meet a surge in demand or even miss out on a trend altogether. In each case the future demand forecasting, replenishment and safety stock calculations need to be treated differently. Seasonality, trends, promotions and new products.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

EazyStock

JUNE 24, 2020

Even sophisticated Enterprise Resource Planning (ERP) or Warehouse Management Systems (WMS) rely heavily on users manually inputting forecasting and replenishment parameters to automate any form of reordering alerts. A good forecasting tool will identify demand trends at SKU level and adjust forecasts accordingly.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

EazyStock

JUNE 16, 2022

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. ML models teach themselves over time by analyzing trends and spotting anomalies and then offering predictive insights. Using AI to improve demand forecasting.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

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. While these stats will vary to some degree, this is the theory behind ABC inventory analysis – a model that can be used to categorize your stock. Supplier lead time reduction.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

EazyStock

NOVEMBER 17, 2022

These should be based on previous sales periods during Black Friday, Small Business Saturday and Cyber Monday, or other similar promotional periods that can help the analysis. How inventory optimization can help you meet Black Friday demand At EazyStock, we do not believe it is possible to “guess” your way to success.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

These should be based on previous sales periods during Black Week, Black Friday, and Cyber Monday, or other similar promotional periods that can help the analysis. Ensuring you have the right amount of the right product at the right time to meet demand and delivery times requires a complete and continuous overview of your inventory.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

These should be based on previous sales periods during Black Week, Black Friday, and Cyber Monday, or other similar promotional periods that can help the analysis. Ensuring you have the right amount of the right product at the right time to meet demand and delivery times requires a complete and continuous overview of your inventory.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Procurement Solutions Purchasing Skills 52

Logistics Business Magazine

AUGUST 11, 2020

Forecasting and replenishment formulas that use historic consumption or average stock days are only effective when demand and lead times remain static and the only way for the user to consider any variance is to continually update their calculations. With an inventory optimisation tool, such alerts can be set-up to happen automatically.

Inventory Reduction 68

Inventory Reduction Inventory Procurement Solutions Supply Chain Software 68

EazyStock

JUNE 10, 2022

One especially tricky task is ordering the right stock levels to ensure you can meet demand – without over-stocking. Calculating demand forecasts and replenishment parameters can also be very challenging and time-consuming without software. CoPilot also offers a post-trip analysis of the route taken against the originally planned one.

Optimal Sourcing 52

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

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. This allows you to focus on the products that have the most value for your business to ensure you continue to meet customer demand for those products.

Supply Chain Planning Software 52

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

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Therefore, it is important to measure how well these suppliers meet the expected high level of quality. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time. Manufacturing KPIs. It is best captured in an ERP system and analyzed digitally.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

Logistics Bureau

OCTOBER 20, 2021

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. This KPI tells you the number of days your inventory would last without replenishment, before running out. Use weekly, monthly, and year-on-year data for your analysis.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

EazyStock

MARCH 26, 2018

You want to have the right products in stock to be able to meet your customers’ expectations on delivery times. The software includes advanced algorithms for trends, seasonality, dynamic safety stock calculations and more, and we invest heavily in R&D to make sure our tool is the most powerful on the market. Automated alerts.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

EazyStock

JANUARY 21, 2021

Dynamics Business Central has primarily been developed for the cloud and, as a SaaS product, businesses can choose to pay per user and month, making it very scalable to meet changing needs. EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment.

Inventory 52

Inventory Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

EazyStock

FEBRUARY 7, 2020

A build-up of excess inventory and obsolete stock as social trends and technologies quickly change and forecasting models fail to keep up. When demand forecasting, ensure you consider demand variables, such as seasonality , trends and qualitative information sources to make them as accurate as possible.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

NOVEMBER 17, 2020

This can include statistical demand forecasting , advanced inventory planning and automated replenishment activities. Can you recognize the warning signs that your business needs automated inventory planning and replenishment ? Trends: Many items will experience demand trends.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

EazyStock

MARCH 3, 2022

It’s critical to find the right balance between meeting demand without over-investing in unnecessary stock. Other factors to consider that will affect demand accuracy include: Demand trends – product demand will change due to fashions, technological changes, and social, economic and legal factors.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

Conger

MAY 24, 2023

Bastian Solutions offers internally developed systems, a unique robotic shuttle system, automated warehousing systems, and a variety of third-party systems to best meet customer needs. The company also offers customizable service concepts that can be modified to meet specific business requirements.

Supply Chain Software 40

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Automation 40

Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Naturally, the first part of this task will be to research and clarify those key trends. It may do, but how do you know?

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Infosys Supply Chain Management

FEBRUARY 8, 2012

Discuss the latest trends and solutions across the supply chain management landscape. They expand into an analysis of revenue-accruing & cost-optimizing functions, and result in the identification of capabilities that the organization aspires to develop or enhance. |. News & Events. |.

Supply Chain Planning Software 34

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 34

Logistics Viewpoints

JANUARY 23, 2024

Kinaxis is focusing on the QSR industry first, looking at replenishment for both food and the necessary durable goods. If only 70 percent of burger orders use pickles, this changes the replenishment model for both items. The example they gave me was to understand the yield for a burger with pickles at a QSR.

Supply Chain Planning Software 125

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 125

Logistics Viewpoints

MARCH 4, 2021

Understanding the impact of external trends on your sales performance. Replenishing stores to meet availability targets or adjusting prices to keep a certain competitive position in the market are just some examples. If you would like to learn more about becoming your partner in this journey, go ahead and book a meeting with me!

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 156

Logistics Bureau

OCTOBER 10, 2022

Instead, your company’s optimal inventory performance will be such that you can meet the service levels you aspire to (or to which your customer agreements commit you) with the barest minimum negative impact on profit and working capital. Ignoring the presence of forecast biases which skew replenishment patterns.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

EazyStock

JULY 19, 2019

In plain English, inventory optimization is the practice of having the right inventory to meet your target service levels while tying up a minimum amount of capital in inventory. But those who account for uncertainties within their supply chain will be one step ahead of their competition and better prepared to meet customer demand.

Optimal Sourcing 55

Optimal Sourcing Optimization Software Inventory Optimization 55

EazyStock

APRIL 13, 2022

This will ensure that you have the right goods, at the right time, and in the right place to meet customer demand. Supply chain strategy execution – this is where inventory teams will manage warehouses and inventory levels to ensure the company can meet customer demand. Supply chain strategy design. Purchasing.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

EazyStock

AUGUST 9, 2022

With accurate demand forecasting information, inventory managers can set optimal stock levels to meet demand while keeping costs to a minimum. It can also analyze supplier performance and run scenario planning based on different criteria, such as lead times or unit costs, to see which supplier can meet requirements. Real-time tracking.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

247 Customs Broker

MARCH 9, 2018

Read: Industry Experts Discuss Technology Trends & Solutions for Efficient Ecommerce Logistics. Our customers have more balanced inventory with constant replenishment needs. We’re a reflection of the economy, a leading indicator,” says Hawkins. Overall economic fundamentals are the big thing. Drivers, drivers, drivers….

Supply Chain Software 28

Supply Chain Software Supply Chains Negotiating Skills Price Reduction 28

Blue Grace Logistics

MAY 1, 2019

If warehouses are not replenished on time, distribution will be derailed. Each of these processes in the supply chain is dependent on the availability of inventory to carry out their function and meet business objectives. The reports and trends can be used for making informed decisions. Integration: We cannot stress this enough.

Inventory Reduction 48

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 48

Automotive Logistics

JANUARY 10, 2019

An aftermarket report published by Transparency Market Research suggested the disposable packaging market would be the largest contributor to the global automotive parts packaging market between 2017 and 2027 (Automotive Parts Packaging market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017-2027).

Supply Chain Design Software 50

Supply Chain Design Software Modeling Software Cost Reduction Supply Chain Design 50

247 Customs Broker

APRIL 5, 2018

. Let’s start with a basic but critical fact: for physical product companies, “sustainability is intimately connected with supply chains, the complex economic structures formed by companies that are using the global supply of natural resources to meet worldwide demand,” Sheffi notes.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 28

Automotive Logistics

MARCH 20, 2018

The finished vehicle logistics sector needs to find better ways to communicate and collaborate to meet the challenges of an uncertain future, delegates at this year’s Finished Vehicle Logistics North America conference in California were told in March. They were therefore not included in the analysis. Marcus Williams reports.

Supply Chain Planning Software 37

Supply Chain Planning Software Supply Chain Design Software Material Savings Logistics Network Optimization Software 37

Automotive Logistics

MARCH 20, 2018

The finished vehicle logistics sector needs to find better ways to communicate and collaborate to meet the challenges of an uncertain future, delegates at this year’s Finished Vehicle Logistics North America conference in California were told in March. They were therefore not included in the analysis. Marcus Williams reports.

Supply Chain Planning Software 31

Supply Chain Planning Software Supply Chain Design Software Material Savings Logistics Network Optimization Software 31