Logistics Viewpoints

FEBRUARY 8, 2024

By identifying the most efficient placement of products based on their popularity, size, weight, and other relevant factors, warehouse managers can minimize travel time, reduce replenishment jobs, and improve warehouse space utilization.

Optimization Software 144

Optimization Software Modeling Software Efficiency Inventory Reduction 144

EazyStock

MARCH 9, 2021

What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

247 Customs Broker

DECEMBER 16, 2019

But the competition is tough and it’s inspiring a re-think of replenishment logistics. Johanna… The post Logistics Manager Analysis: Convenience isn’t easy appeared first on 24/7 Customs Broker News. [og_img] The growth of convenience retail makes it a tantalising market.

Analysis 36

Analysis Replenishment Logistics Article 36

Logistics Viewpoints

NOVEMBER 11, 2021

Is a replenishment strategy needed? The replenishment logic and smooth execution of inventory moves will keep pickers executing without waiting time. Slotting logic will keep required levels of stock in the picking locations, limiting the need to stop picking to replenish inventory needed to complete the orders.

Inventory Reduction 123

Inventory Reduction Inventory Cost Reduction Material Savings 123

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

Blue Grace Logistics

APRIL 24, 2019

How Will a Supply Chain Analysis Help You? A timely and periodic analysis will work as a preventive health check-up for your supply chain thus ensuring it continues to operate at an optimum level. An end-to-end in-depth analysis will also highlight which processes are redundant or need to be restructured. Call us at 800.MY.SHIPPING

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Design Software Supply Chain Design Analysis 54

SYSPRO Smarter ERP

AUGUST 28, 2023

Benefit 2: Enhanced organizational controls and compliance Advanced ERP systems provide features like dimension analysis, offering a multi-dimensional view of financial data. This enables flexible financial analysis, improves governance, and supports scalability as businesses grow and expand their operations globally.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 98

EazyStock

JUNE 18, 2019

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 analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

EazyStock

JUNE 18, 2019

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 analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

The Logistics of Logistics

DECEMBER 6, 2021

gateway for trade with Asia reached the highest since the pandemic began, exacerbating delays for companies trying to replenish inventories during one of the busiest times of the year for seaborne freight. Our team is also available for advisory boards, leadership recruitment, and corporate speaking engagements. Lauren Beagen LinkedIn.

Inventory Reduction 195

Inventory Reduction Material Savings Maritime Supply Chain Software 195

The Logistics of Logistics

SEPTEMBER 22, 2021

Warehousing services include: Warehouse Storage, Pick and Pack, Sub-assembly, Site Location, Distribution Center Management, Inbound Shipping, Outbound shipping, Receiving, Putaway, Put-away, Order processing, Replenishment, Pulling, Restocking, Picking, Validation, Sorting, Distribution Center Management System (DCMS), Vendor Managed Inventory (VMI), (..)

Supply Chain Planning Software 195

Supply Chain Planning Software Logistics Network Optimization Software Transportation Supply Chain Software 195

Logistics Viewpoints

APRIL 4, 2024

Similarly, when the weather is warmer than normal, and we stock out of chocolate ice cream, that impacts both future forecasts and the replenishment plan for the following week. When I throw out liverwurst because it has expired in the deli fridge, that waste needs to be accounted for when forecasting later in the future.

Scenario Planning 137

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

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. Inventory optimization tools, such as EazyStock, offer great stock classification and analysis functionality to help.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

SYSPRO Smarter ERP

AUGUST 7, 2023

Inventory managers can plan replenishment to satisfy demand from sales and production. It goes beyond basic inventory tracking and offers automated replenishment processes. There is no way for the production or inventory teams to stay on top of deadlines, materials required and production schedules.

ERP 98

ERP Manufacturing Procurement Optimal Sourcing Procurement Analytics 98

MTS Logistics

JANUARY 31, 2022

we are likely to see bottlenecks persist as warehouses are needing to replenish low inventory levels. According to a Sea-Intelligence Maritime Analysis report, global schedule reliability dropped to a dismal 32%. Due to recent market conditions, maritime carriers have struggled with schedule reliability and on-time performance.

Reliability 88

Reliability Supply Chains Maritime Replenishment 88

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. ABC analysis: If you treat all your SKUs the same when it comes to inventory management, you likely have a mix of understocked and overstocked items.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

OCTOBER 20, 2020

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. Fine-tune your stock replenishment strategies. Know your star products! Make sure you have a set of ‘rules’ for every SKU you carry. Inventory classification, such as.

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 analysis allows you to get real-time information about the flow of supply chain operations and stock management. Big data allows you to optimize replenishment.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

FreightWaves SONAR

FEBRUARY 23, 2021

Unfortunately, ocean shipments data is rarely easily accessible or available for analysis by enterprise shippers. Even more importantly, the lack of analysis surrounding ocean import data makes planning drayage moves even more troublesome. It’s a relatively simple concept.

Maritime 84

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

Logistics at MPEPS at UPV

MAY 28, 2022

The success of Konbini stores in Japan has everything to do with its distribution network , store ( warehouse ) layout, just-in time inventory and replenishment policy , and state-of-the-art information systems. Stores are replenished at least three times a day. Supply chain analysis of Seven-Eleven Japan. Abdurakhmonov, 2018).

Supply Chain Software 52

Supply Chain Software Supply Chains Efficiency Replenishment 52

Logistics Business Magazine

FEBRUARY 2, 2024

. “The demonstration is a replica of an e-commerce order and shows the power of Dematic technology in managing assorted types of returns from replenishment processes,” says Van Deun. A service showcase, which includes a comprehensive ergonomics check, is also integrated into the AMR picking demonstration.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Materials Handling Automation Picking 60

FreightWaves SONAR

APRIL 25, 2024

So far this year, international intermodal volume has been boosted by strong import volume as shippers looked to replenish inventories. Analysts can take this analysis a step further by looking at volume by lane. Meanwhile, volume for loaded domestic containerized intermodal (ORAILDOML.USA), the market where J.B. year over year in Q1.

Logistics Network Optimization Software 52

Logistics Network Optimization Software 52

Logistics at MPEPS at UPV

MARCH 8, 2022

According to the report, the biggest immediate challenge facing the EU will be replenishing its depleted natural gas stocks. The main contract for European benchmark TTF Dutch gas futures soared more than 37% at the open, ICE UK gas futures were up 11% at one point, and ICE EU carbon emissions trading permit futures fell more than 7%.

Expense Reduction 52

Expense Reduction Supply Chains Cost Reduction Procurement Analytics 52

EazyStock

FEBRUARY 26, 2020

Introducing inventory optimization methods to your inventory management practices ensures that supply and demand volatility is considered when setting your demand forecasts, stock levels and replenishment parameters. ABC analysis is a simple way to segment your stock based on its value to the business.

Availability 52

Availability How To Inventory Reduction Optimization Software 52

Blue Grace Logistics

MARCH 20, 2023

In uncertain times, people are hungry for analysis, data, forecasts, indexes to feed information; when things are consistent and steady, people depend less on quantitative data and look more to qualitative. This means stakeholders were continuing to order but in much smaller quantities, only enough to maintain and replenish store shelves.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Inventory Reduction Resource Reduction 62

Logistics Viewpoints

JANUARY 26, 2024

Merchants have worked through the excess inventory that piled up on store shelves and in warehouses over the past 18 months and are now focusing on replenishing items rather than stocking up on goods to have on hand in case of supply-chain disruptions.

Logistics Network Optimization Software 139

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Inventory Reduction 139

3PL Links

APRIL 23, 2024

Artificial intelligence makes it possible to monitor several elements that affect the forecast, including: control of purchases in real-time; consumption parameters; items that are being sold and need quick replenishment. inventory management helps the company not lose sales, prevents/reduces waste, and reduces expenses.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

EazyStock

FEBRUARY 1, 2021

In each case the future demand forecasting, replenishment and safety stock calculations need to be treated differently. Accurate eCommerce inventory replenishment. Each product will be affected by a different type of demand and have a different variance from their average demand. Seasonality, trends, promotions and new products.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

EazyStock

MARCH 4, 2021

A basic form of inventory categorization is ABC analysis. With ABC analysis, you group products based on one dimension: value. In these situations you have to think smartly and weigh the costs against each other for replenishment. A items are the most valuable to the business, B items less valuable and so on.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

MTS Logistics

AUGUST 7, 2023

Traditionally, the rainy season from February to April replenishes inland lake levels in Panama. These measures stem from weight and size limitations, causing shippers to use more containers and ships, resulting in increased costs and longer wait times. Yet, this spring saw rainfall nearly 50% below normal near the canal.

Cost Reduction 73

Cost Reduction Replenishment Supply Chains Cargo 73

FreightWaves SONAR

FEBRUARY 16, 2021

Predictive rate analysis and implementation across the supply chain Utilizing real-time data and automated analysis provides valuable information to the network. Real-time data access will help drastically improve success rates, and the entire network benefits from data analysis. Download the White Paper. Think about it.

Supply Chain Software 59

Supply Chain Software Supply Chains Resource Reduction Expense Reduction 59

MTS Logistics

JANUARY 3, 2023

Increased pressure to replenish inventories. Regardless of overall economic indicators, importers overall will be under a great dilemma to replenish diminishing inventories or wait for a better economic environment. This would help to push all involved to act faster on this matter.

Negotiating Skills 105

Negotiating Skills Industry Tracking and Tracing Inventory Reduction 105

SYSPRO Smarter ERP

FEBRUARY 2, 2022

It is getting harder to track every item in the inventory and to get relevant analysis out of it. To track and report the data, each form of inventory necessitates database management software and specialized methods. Tracking issues. Failure to follow every incoming and outgoing item can have devastating effects on turnover.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Inventory Optimal Sourcing 105

EazyStock

AUGUST 21, 2020

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. Using ABC analysis, you can classify your inventory items into three groups based on their value to the business. For most companies 80% of their revenue comes from 20% of their stock.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

SYSPRO Smarter ERP

DECEMBER 19, 2022

It’s about having the inventory in place before customers order it, which requires extremely precise forecasting, based on the analysis of large amounts of data. Inventory management is not just about shipping goods to customers.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

EazyStock

MAY 22, 2020

Our inventory of about 10,000 items was largely controlled manually, and we were using ‘rule of thumb’ for replenishment. We now have a system that we do not need to double check, which means that we don’t spend as much time on our daily stock replenishment. How has your work changed since you implemented EazyStock?

Automation 52

Automation Procurement Solutions Purchasing Skills Replenishment 52

FreightWaves SONAR

SEPTEMBER 29, 2023

Using data, supply chains could better plan replenishment orders, avoid congestion and prevent further disruption. This premium could help pay for technology upgrades to better enable optimization and reduce delays – as well as promote efficiencies in replenishment.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52