FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. In fact, logisticians should consider these top five use cases of increased visibility and data within logistics and how they improve throughput.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

FreightWaves SONAR

DECEMBER 30, 2020

Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. Throughout the supply chain, data-driven transportation management’s success is only as good as the data quality and integrity in use.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

SYSPRO Smarter ERP

APRIL 18, 2022

With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges. Manufacturers and distributors need to make sure the right goods and materials are in the right place at the right time, budgeted for appropriately, and replenished as needed.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

FreightWaves SONAR

MARCH 23, 2021

Recognize market volatility trends and their impact on replenishment lead time Another beneficial action to boost efficiency with freight management comes from the recognition of market volatility trends. Market volatility can significantly impact replenishment lead time for restocking warehouses and distribution centers.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

EazyStock

JUNE 24, 2020

It also offers improved efficiencies and powerful data insights, providing a wealth of functionality to help during these difficult times. The era of using spreadsheets to run reports and analyze data is over. 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

SYSPRO Smarter ERP

APRIL 26, 2023

An ERP system brings financial, manufacturing, and business data into one central place so staff and management can have a complete view of how different business areas are working in real-time. Data from the system can then be used to track how corrective actions are making improvements.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

Log-hub

NOVEMBER 22, 2023

In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years. This can make the application of ABCD Analysis less effective.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years. This can make the application of ABCD Analysis less effective.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Read our blog on demand forecasting accuracy for more details. This keeps the data clean and easier to use for forecasting going forward. Fine-tune your stock replenishment strategies.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Log-hub

NOVEMBER 22, 2023

In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years. This can make the application of ABCD Analysis less effective.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

SYSPRO Smarter ERP

MAY 10, 2022

Demand forecasting : Data on sales history should be available to produce forecasts. By using business analytics tools in the forecasting process, the quality of forecasts can be assessed and trends analyzed. The post Assemble-to-Order manufacturing Part 2: ERP solutions to improve operations appeared first on SYSPRO Blog.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

EazyStock

JANUARY 4, 2021

However, having control over every inventory item often ends up being a time-consuming and frustrating endeavor for most inventory teams, as they rarely have the right tools in place to get the job done well. This is where an inventory optimization tool comes into play. Optimized Inventory Replenishment.

Inventory Reduction 52

Inventory Reduction ERP Inventory Optimization Software 52

SYSPRO Smarter ERP

DECEMBER 13, 2021

While some say it’s a little out-of-date in the modern technological business world, it enables businesses to identify the data, processes and KPIs that need to be addressed at every stage. One of these will be to adopt new digital disciplines and the tools to sense, collaborate, optimize and respond.

Inventory Reduction 122

Inventory Reduction Inventory Sourcing Strategies Supply Chain Planning Software 122

EazyStock

JULY 20, 2020

However, there are also a range of tools and technologies available to SMBs that will help them stay competitive and grow their businesses. A tool that include features enabling you to follow a product through its lifecycle sorts items based on different demand patterns will help you become more sophisticated in your demand forecasting.

Optimization Software 52

Optimization Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 52

EazyStock

JANUARY 14, 2020

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. Read our blog post on how to calculate your demand forecasting accuracy for further information. Are you one of these people?

Optimization Software 52

Optimization Software Procurement Solutions Inventory Reduction Inventory 52

EazyStock

OCTOBER 10, 2018

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.

Inventory Reduction 45

Inventory Reduction Supply Chain Planning Software Inventory Modeling Software 45

EazyStock

JULY 7, 2020

In this blog series we look at how inventory optimization tools , such as EazyStock, can support inventory management teams. Inventory management teams therefore need to ensure they have the best tools and forecasting processes for the job. A good forecasting tool like EazyStock will provide the base demand forecast.

Optimization Software 52

Optimization Software Supply Chain Software Modeling Software Inventory 52

FreightWaves SONAR

FEBRUARY 23, 2021

This presents a huge challenge for enterprise shippers who have not embraced modern technology and freight tools. However, it has no immunity to rising costs and fees, changes in taxes, mobile data expenses, and penalties. Unfortunately, ocean shipments data is rarely easily accessible or available for analysis by enterprise shippers.

Maritime 84

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

EazyStock

SEPTEMBER 25, 2018

To stay ahead, tech-smart operations, savvy professionals are using logistics and supply chain mobile applications as must-have tools for operational excellence. Using every tool available to you will allow for improvement in supply chain functionality, productivity, and profitability. BooksyBiz – Appointment Booking.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 78

Ship Monk

OCTOBER 17, 2023

Lucky for you, in this blog we’re going to cover both! In order to avoid order fulfillment woes, we recommend sharpening your demand forecasting game , and that is accomplished by leveraging data from previous peak season, and even previous sales in general, to gauge the stock you’ll need to keep buyers satisfied.

Inventory Reduction 64

Inventory Reduction Inventory Optimization Software Supply Chain Planning Software 64

FreightWaves SONAR

JANUARY 22, 2021

(Graphics created by Emily Ricks) The shipper tech stack is continuously expanding, and according to Transportation Impact , “Key to all these new capabilities is data interoperability. Real-time collaborative alert management system No system reaches maximum potential when operating from old and outdated data.

Supply Chain Software 59

Supply Chain Software Logistics Network Optimization Software Resource Reduction Sourcing Strategies 59

EazyStock

MARCH 21, 2019

Currently, we have automated the return of dynamic lead times from EazyStock and the transfer of historical and daily data between EazyStock and our ERP system, ECi M1. Design Ready Controls has been using ECi M1 for over 13 years – managing inventory by using min/max replenishment parameters. What other automation tools do you use?

Automation 58

Automation Inventory Reduction Replenishment Inventory 58

GoShip Blog

DECEMBER 23, 2022

When this happens, many small business owners sell unavailable items on backorder and ship them to the customer after replenishing their inventory. The most obvious way to minimize backorders is by replenishing your stock regularly. This process enables them to generate revenue even with insufficient stock. Out-of-stock vs backorder.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Cost Reduction Material Savings 52

EazyStock

MAY 20, 2020

From creating connected teams using virtual streaming and collaboration tools, to increasing productivity with automation despite smaller workforces, to establishing new routes to market via eCommerce. It provides the data analytics that businesses need to make informed decisions and identify areas of improvement and opportunity.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 52

EazyStock

NOVEMBER 17, 2022

It is also important to consider qualitative data. Building that communication with suppliers requires reliable data, regular communication, and transparency. If you have reliable data, you can give your suppliers better forecasts of future sales, which provides suppliers with a better position to handle order orders better.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

It is also important to consider qualitative data. Building that communication with suppliers requires reliable data, regular communication, and transparency. If you have reliable data, you can give your suppliers better forecasts of future sales, which provides suppliers with a better position to handle order orders better.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

It is also important to consider qualitative data. Building that communication with suppliers requires reliable data, regular communication, and transparency. If you have reliable data, you can give your suppliers better forecasts of future sales, which provides suppliers with a better position to handle order orders better.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Procurement Solutions Purchasing Skills 52

EazyStock

OCTOBER 24, 2018

A cloud-based inventory optimization solution like EazyStock integrates directly with your existing ERP to automatically feed data back and forth. Optimized replenishment. One of the key areas is in replenishment. With this data, EazyStock then calculates the optimal replenishment parameters.

ERP 53

ERP Inventory Reduction Inventory Supply Chain Software 53

Blue Grace Logistics

AUGUST 30, 2021

What This Blog Is About: The current status of cold storage and transportation. As per the current analysis of Reports and Data , the global refrigerated transport market was estimated at $14.8 Hence, specialized sensors are used to collect and transmit this data to the corresponding software. from 2019 to $23.1

Optimization Software 62

Optimization Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 62

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

This involves using real-time data and technology to get information about manufacturing processes when and where it is needed, in the form it is needed, to empower smart decisions about business operations. For example, analyzing real-time production data to uncover hidden inefficiencies and implement changes faster. Download Now.

Supply Chain Planning Software 115

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

EazyStock

FEBRUARY 1, 2021

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. In each case the future demand forecasting, replenishment and safety stock calculations need to be treated differently.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

EazyStock

JUNE 10, 2022

The mobile WMS app scans barcodes to collect data via handheld devices and sends it straight to your ERP. Calculating demand forecasts and replenishment parameters can also be very challenging and time-consuming without software. Logistics tracking.

Optimal Sourcing 52

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

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. Use appropriate historical data. Use qualitative data.

Supply Chain Planning Software 52

Supply Chain Planning Software How To Supply Chain Design Software Supply Chain Software 52

EazyStock

AUGUST 21, 2020

We’ve written numerous blog posts on ways to reduce excess and obsolete inventory and lower inventory carrying costs. A tool like EazyStock will prioritize which inventory items to carry, based on multi-dimensional criteria, such as demand types, pick frequency, demand volatility and cost to sell (or profitability).

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

Supply Chain Design Software 96

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

EazyStock

JANUARY 21, 2021

EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment. It stores a wealth of data about every product and updates stock levels based on outgoing sales and incoming purchases. Here’s how an inventory optimization tool can help bridge the gap.

Inventory 52

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

EazyStock

JANUARY 31, 2022

Demand forecasts can be set by sales teams based on qualitative data or historical sales figures. There are many formulas for calculating demand accuracy, or demand error, including the Mean Absolute Percent Error (MAPE) and Mean Absolute Deviation (MAD) – see our blog post on calculating forecast error for the specific calculations.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52