Ship Monk

NOVEMBER 30, 2023

They’re called metrics, a set of constantly changing numbers and percentages that tell you how you’re doing from one day to the next. There are dozens of metrics you could track, but some are so important you should check them frequently. These are the metrics you want on your dashboard. What is a Metric?

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? And when we feel uncertain, humans tend to look for examples of what others in our situation have done. In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions.

eCommerce 89

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 89

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. You can read about warehouse automation and technology in our article , where we discuss voice technology, radio frequency identification, automated guided vehicles, and robots. Inventory management and AI.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

FreightWaves SONAR

FEBRUARY 8, 2021

SONAR’s Ocean Shipments Report and Ocean TEUs indices show subscribers how much cargo is shipping to and from the United States. What do the Ocean Shipments Report and OceanTEUs indices tell freight market participants? Rather than relying on historical data being reported by ports or U.S. ports to China).

Outbound 98

Outbound Procurement Analytics Demo Freight 98

FreightWaves SONAR

JANUARY 25, 2021

In this article, carriers will learn about four SONAR indices to build trucking KPIs that show where to put the company’s focus to optimize fleet utilization: . The Maintenance Expense per Mile (MAINT) index captures the total maintenance expense, reported by participating carriers during a given month, expressed on a per-mile basis.

Optimization Software 98

Optimization Software Optimization Trucking Expense Reduction 98

Ship Monk

JULY 28, 2022

This is important because inventory is considered an asset, and its value must be calculated at the end of every accounting period for financial reporting. This article will show you the difference between these types of inventory and how to calculate Work in Process inventory. When Does Inventory Become WIP Inventory?

Inventory 64

Inventory Manufacturing Procurement Purchasing Skills eCommerce 64

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52