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

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Effective data management. Furthermore, data handling may necessitate collaboration amongst many departments to maintain performance and quality. Tracking issues.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Inventory Optimal Sourcing 105

Logistics Viewpoints

DECEMBER 15, 2022

quintillion bytes of data every day. Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes. The idea is that data points within a group share similar properties, and each group is different (statistically speaking) from another. The retail industry is rich with data.

Optimal Sourcing 116

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 116

GlobalTranz

JANUARY 4, 2016

As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. Do you have the right people in place?

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 91

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

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

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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

FreightWaves SONAR

JULY 20, 2021

This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Truckload demand remains elevated with accepted tender volume hitting a new high, even surpassing holiday 2020 levels.

White Paper 52

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3PL Links

APRIL 23, 2024

Read also: Top 9 Technology Trends for Your Warehouse in 2024 The supply chain Although it incorporates logistics, the supply chain is not to be mistaken with logistics. The finest relationships for your business are identified by developing decision models based on multiple criteria and accessing useful data through algorithms.

Supply Chain Planning Software 48

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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

FreightWaves SONAR

JUNE 7, 2023

The reason they’re doing this is that they lack granular market data on contract and spot rates and prevailing service levels. Let’s look at some data. Broad-based freight market data suggests that there’s still a substantial cost-reduction opportunity in front of supply chain leaders. Immediate freight cost reductions of 16.5%

Inventory Reduction 52

Inventory Reduction Cost Reduction Optimal Sourcing Price 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

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

FreightWaves SONAR

FEBRUARY 23, 2021

However, it has no immunity to rising costs and fees, changes in taxes, mobile data expenses, and penalties. The solution: Recognizing market trends as they occur in real-time is easier with access to actionable, insightful data. Challenge 4: Rising costs. Managers need to contend with this challenge on a regular basis.

Maritime 84

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Blue Grace Logistics

NOVEMBER 3, 2022

The Logistics Blog®. It means you had a good holiday season and need to do a tremendous amount of inventory replenishment early in the year. On the other hand, if your holiday season is slow and sluggish, you may not have to do much inventory replenishment moving into a seasonally slower time of the year. . Whitepaper.

Efficiency 62

Efficiency How To Transportation Optimization Modeling 62

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

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

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Blue Grace Logistics

JANUARY 13, 2022

What’s in this article: What are the top trends I will need to watch in 2022? Here are some headlines and trends to watch as the supply chain breakdown 2022 unfolds. Your critical-weather supply chain strategy that includes: Early replenishment of inventories wherever and whenever possible. Is there any relief in sight?

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Inventory Reduction Supply Chains 62

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

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EazyStock

NOVEMBER 18, 2019

Companies that have not accurately forecasted a decline in demand or effectively reduced their stock replenishment policies often times are left with large quantities of obsolete stock in their warehouses. In this stage of the product life cycle, there is no market demand for the product. Obsolete stock then becomes a thing of the past.

Inventory Reduction 40

Inventory Reduction Inventory How To Replenishment 40

EazyStock

JULY 7, 2020

In this blog series we look at how inventory optimization tools , such as EazyStock, can support inventory management teams. This kind of software will help you understand how volatile your demand is and adjust your replenishment parameters as needed. Reacting to Demand Trends Caused by COVID-19. demand outliers. Risk of runout.

Optimization Software 52

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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 sudden increase in demand can be because of seasonal events like holidays, extreme weather, or social media trends. Out-of-stock vs backorder.

Inventory Reduction 52

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EazyStock

NOVEMBER 17, 2022

It is also important to consider qualitative data. The promotions also depend on external conditions, such as seasonal demand, market trends, economic conditions, and other trends that can cause unpredictable fluctuations in demand.

Procurement Solutions 52

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EazyStock

NOVEMBER 17, 2022

It is also important to consider qualitative data. The promotions also depend on external conditions, such as seasonal demand, market trends, economic conditions, and other trends that can cause unpredictable fluctuations in 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

It is also important to consider qualitative data. The promotions also depend on external conditions, such as seasonal demand, market trends, economic conditions, and other trends that can cause unpredictable fluctuations in demand. At EazyStock, we do not believe it is possible to “guess” your way to success.

Supply Chain Planning Software 52

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Blue Grace Logistics

AUGUST 30, 2021

What This Blog Is About: The current status of cold storage and transportation. What are the current and future trends in cold storage and transportation. As per the current analysis of Reports and Data , the global refrigerated transport market was estimated at $14.8 Cold storage construction is projected to reach $18.6

Optimization Software 62

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Infosys Supply Chain Management

JANUARY 13, 2013

Cloud & Big Data. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Business Process Outsourcing. Customer Service. Human Resources.

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GlobalTranz

FEBRUARY 5, 2018

From the increased demand to data-driven decision-making through the industrial Internet of things (IIoT) to the use of cloud-based technologies, supply chain technology will advance light years in the coming months. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

Supply Chain Software 68

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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.

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Locus

DECEMBER 16, 2021

As do trends in fashion. Except that the trends in fashion are more dynamic. Revenge buying’—a trend that had grown popular in China earlier in the year was cropping up in the US too, with a renewed focus on luxury, return-to-work and occasion styles. Seasons come and seasons go. An inconsistent period of recovery.

Supply Chain Planning Software 52

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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. Inventory management has many facets. Logistics tracking.

Optimal Sourcing 52

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GlobalTranz

DECEMBER 22, 2020

The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. However, some market trends that became significant factors in 2020 will likely continue. That trend also plays into an extended peak shipping season and ongoing tightened capacity in all modes.

Inventory Reduction 62

Inventory Reduction Sourcing Strategies Cost Reduction Freight 62

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. Improved customer service.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

EazyStock

MAY 20, 2020

It provides the data analytics that businesses need to make informed decisions and identify areas of improvement and opportunity. Armed with this data, they can then focus on investing in inventory that will generate the greatest revenue and securing the supply of their most important stock items.

Supply Chain Planning Software 52

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EazyStock

AUGUST 21, 2020

We’ve written numerous blog posts on ways to reduce excess and obsolete inventory and lower inventory carrying costs. However, this strategy has its challenges: You need to use accurate inventory forecast models which apply seasonality and trends to ensure any fluctuations in demand are accounted for when reordering stock.

Inventory Reduction 52

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EazyStock

JANUARY 31, 2022

Demand forecasts can be set by sales teams based on qualitative data or historical sales figures. However, often statistical demand forecasting calculations that take into account demand types, trends and seasonality will be much more accurate. Rate of return. Order pick, pack and dispatch accuracy.

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