FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus.

Optimal Sourcing 98

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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?

Supply Chain Planning Software 115

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Ship Monk

SEPTEMBER 14, 2022

By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it. How to Calculate Beginning Inventory. Ending Inventory + COGS – Purchases = Beginning Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory. however often you’re counting inventory.

Inventory Reduction 78

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3PL Links

FEBRUARY 14, 2024

Image source: Flickr | Logistics Planning 2024: How To Carry out Logistical Planning for This Year Have you ever given the recent evolution of logistics any thought? Read also: How to Make Reverse Packaging Logistics More Efficient? How to carry out logistical planning for 2024? Why is logistical planning necessary?

Supply Chain Planning Software 48

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EazyStock

NOVEMBER 19, 2020

But when looking at the bigger picture the ‘best-price’ is not always the most cost-effective way to procure a product. A smart stock replenishment strategist will understand supply and demand nuances around the items being ordered and consider factors such as: Lead times – how quickly is the order needed? optimizing inventory levels.

Replenishment 98

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Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Read also: How to Calculate the Cost of Transport 2. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

Cost Reduction 98

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Locus

SEPTEMBER 27, 2022

With a mobile phone, internet, app, and a few clicks, they can easily purchase products without going out of stores. With Bukalapak being a heavyweight in O2O E-commerce, Malay wanted to know how it makes its procurement process easier and efficient. How Locus helped Bukalapak transform its last-mile. Schedule a Demo.

Supply Chain Planning Software 52

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GoShip Blog

AUGUST 2, 2022

How to increase brand awareness? For example, simple demographic data will show you the most active age group and their activities or occupations. It gives you an excellent start for creating a tailored purchasing experience and improving the components of certain items. Develop digital marketing.

Supply Chain Design Software 52

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FreightWaves SONAR

APRIL 9, 2024

Have you purchased some type of technology in the past year to support your business? We have built an incredible customer success team that is dedicated to helping users understand how to use the data so they can be better prepared for market shifts. SONAR is different. Click here to reach out to us.

Procurement Solutions 59

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EazyStock

MAY 11, 2021

The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management. How to Calculate ABC Classification. Here is a working illustration of how to divide your inventory using annual consumption value. What’s the solution?

Inventory Reduction 52

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EazyStock

DECEMBER 13, 2021

Unfortunately there’s no easy solution to the deal with the current global supply chain problems and avoid stockouts altogether. A basic risk of stockout spreadsheet can be easily set up using the following data: Current stock items, items on order and in transit. Ensuring your Data is Accurate and Up-to-Date. Demand forecasts.

Inventory 52

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EazyStock

JANUARY 14, 2020

Do you need inventory planning software? But once they’re up and running, there’s no doubt they offer a wealth of benefits, including streamlined processes, improved productivity, centralized data and better departmental collaboration. Effective inventory planning and control begins with accurate demand forecasting software.

Optimization Software 52

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GoShip Blog

MAY 20, 2022

Reorganizing your logistics strategy and cooperating with reliable carriers are a solution. How to increase online sales? Analyze sales data and customer feedback to see what products generate active purchases. According to statistics, most customers prefer to make their purchases on the phone.

Material Savings 52

Material Savings Logistics Network Optimization Software Vendor Strategies Optimization Software 52

GlobalTranz

DECEMBER 29, 2014

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Top 15 Logistics Blog Posts of 2014. Read the Full Post.

Blog 97

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EazyStock

MARCH 22, 2022

Fluctuating demand and supply volatility have made accurate demand forecasting even more challenging for two reasons: Using last year’s sales data as a base for forecasts is a ‘no go’, as demand fluctuations due to the pandemic skew the data. How to overcome demand forecasting challenges. Use appropriate historical data.

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GoShip Blog

APRIL 22, 2022

Demand forecasting is a highly efficient tool for any business type. According to statistics, about 80% of customers prioritize personalized service when purchasing. How to implement demand forecasting in your supply chain? Forecasting operations typically aim to examine and evaluate customers’ purchasing patterns and habits.

Supply Chain Planning Software 40

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Locus

OCTOBER 21, 2022

According to United States Census Bureau data , advance estimates for U.S. To provide consumer experiences for your online shoppers after they make their purchases, click here. Keep your drivers happy : Equip your drivers and delivery partners with accurate location and routing tools , and incentivize them for better performance.

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SYSPRO Smarter ERP

MARCH 14, 2023

However, implementing ERP software is a complex technical undertaking and has fundamental impacts on people and processes. It makes no sense to implement a solution that automates existing processes. Documenting what infrastructure changes or upgrades will be needed to support the new software is important.

ERP 105

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Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Having random data is meaningless without insightful analytics.

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WorkWave

SEPTEMBER 23, 2021

Many people are new to online grocery shopping, and getting accustomed to all the options and tools available can make the experience more enjoyable and more accessible than initially expected. Within the framework of your business model, create a working model or strategy of how your company will operate.

Modeling Software 52

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EazyStock

JANUARY 21, 2021

Predominantly based on the functionality of Dynamics NAV, it’s easily connected with Microsoft’s other solutions from the 365 software suite to provide a fully integrated business system. It stores a wealth of data about every product and updates stock levels based on outgoing sales and incoming purchases.

Inventory 52

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SYSPRO Smarter ERP

SEPTEMBER 8, 2021

How rapidly can you adapt if something changes quickly like it has done? How do you ensure delivery if once reliable supply chains break? It may be difficult to decide how to spend a limited budget on new digital technology. It ties into the ERP system where quotes and purchase orders are managed.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. It will be easier and faster to implement software.

Supply Chain Planning Software 52

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EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Choose and implement demand planning software. Promotion management.

Supply Chain Planning Software 52

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SYSPRO Smarter ERP

MARCH 21, 2022

SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer. By gaining access to the data in these processes, businesses are better able to coordinate workflows, improve efficiencies, and ensure that customers get the product they ordered.

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Ship Monk

DECEMBER 18, 2023

And for many brands, one of the largest opportunities lies in figuring out how to sell beyond their current scope and becoming established in North America. With our tech-forward shipping solutions, 3PL technology, strategic locations, and other premier features, we are the answer to US market mastery. But it’s not easy.

Supply Chain Design Software 64

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FreightWaves SONAR

JUNE 1, 2023

CEO and President John Furner explained how the retailer was digitally combining its ambient, perishable and e-commerce supply chains, which were built separately and in parallel in the physical world. That makes sense: Large organizations need time to evaluate their needs and find the right solution.

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EazyStock

FEBRUARY 1, 2021

Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory. Using historical demand data alone is not enough to predict your future demand and prevent stock outs – especially when markets are unpredictable and you carry items with erratic and sporadic demand.

Inventory Reduction 52

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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. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. More expensive borrowing.

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EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. Seasonal demand – religious festivals and seasonal weather patterns can affect purchasing habits.

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GoShip Blog

DECEMBER 23, 2022

It is for products currently available for purchase but have never been manufactured or sold to customers. How to Reduce Backorder? Inventory management systems (IMS) are digital solutions that enable you to keep track of stock levels. In fact, there is a chance that the unavailability of said items might be permanent.

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Forto

OCTOBER 30, 2020

You can overcome this and succeed by following four simple steps given below in this blog article: Plan. How your PPC campaigns and promotions should work, How you will drive traffic to your online sale site like your own shop or your Amazon channel, and. Assess & Understand. Step 1: Plan. Step 3: Optimize. Step 4: Manage.

How To 52

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EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. In this post we’ll look at 6 inventory control techniques that will specifically show you how to control your stock levels, help you optimize your inventory and maximize profits. Understand your demand.

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WorkWave

MARCH 4, 2020

It can be tempting to start setting up an office, building a client base, and finding business management solutions to consolidate workflow right out of the gate. It is important to utilize both primary research and secondary research to diversify data. Ask For Feedback. Build Your Support System. Create a Financial Plan.

Tips 52

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EazyStock

NOVEMBER 21, 2019

Forecasting accuracy can be affected by ‘outliers’ or ‘fliers’ in the data. An outlier is a data point that is not considered to be part of the overall pattern of demand for a product. A demand outlier can either be overly high or overly low compared to other data points in the data series.

Optimization Software 40

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EazyStock

JUNE 18, 2019

The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management. Here is a working illustration of how to divide your inventory using annual consumption value. How to Put your Data to Good Use.

Analysis 51

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Parade

APRIL 22, 2019

Freight brokerages and logistics companies with capital are aggressively purchasing other companies with technology assets— this behavior has been accelerating, with a different acquisition or merger taking place every two weeks. Sears couldn’t imagine how Amazon was going to invade their space— but they did.

Security 68

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