Ship Monk

NOVEMBER 30, 2023

Fortunately, most metrics are tracked automatically, using tools and software systems you may already have. We recently covered KPIs for Ecommerce Businesses in another blog post. There are distribution metrics , fulfillment metrics , marketing metrics — metrics for every part of your business. What is a KPI? A KPI is a metric.

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

Locus

NOVEMBER 30, 2023

The pivotal question arises: Should businesses construct their last-mile solution or acquire it from a tech partner ? Large organizations, often bogged down by complex roadmaps, may benefit from purchasing solutions to maintain innovation pace. Read Also: Buying vs. Building Logistics Software: How to Choose?

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software How To Procurement Solutions 52

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? Now that we’ve established that social proof is an important tool for influencing consumer behavior, it follows that smart ecommerce companies can, and should, take advantage of these natural biases. That’s a mind-blowing statistic.

eCommerce 90

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 90

Locus

AUGUST 7, 2023

As evidenced by 70% of companies either implementing or actively working on digital transformation strategies, it has become clear that digital solutions are not just value-additions but fundamental for survival. This emphasizes the urgent need for businesses to adopt efficient digital solutions to meet these demands.

Negotiating Skills 52

Negotiating Skills Cost Reduction Digital Expense Reduction 52

EazyStock

APRIL 18, 2023

In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. Higher interest rates make borrowing money more costly, making financing day-to-day operations such as inventory procurement, transportation and storage more expensive. Demand falls.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

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. For more complex inventory classification, use inventory optimization software , which carries out multi-dimensional item categorization.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

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. Ending Inventory + COGS – Purchases = Beginning Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory. Calculating Inventory Costs.

Inventory Reduction 79

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 79

Shipchain

APRIL 2, 2019

Marrying electronic device manufacturers and blockchain software vendors will have a profound impact on reducing the spread of counterfeit products and more. It all goes back to learning more about the benefits of blockchain and being ready for deployment when solutions become available.

Manufacturing Procurement 49

Manufacturing Procurement Supply Chain Design Software Procurement Solutions Supply Chain Software 49

Locus

DECEMBER 6, 2022

Our advanced scheduling optimization software has dynamically priced, customer delivery slots for both online and in-store purchases. A delivery management software works as the perfect solution to deliver exceptional customer experience in the first attempt. Try a demo with us! Schedule Demo.

Optimal Sourcing 52

Optimal Sourcing Picking Optimization Software Sourcing Strategies 52

FreightWaves SONAR

FEBRUARY 11, 2021

And in turn, this makes benchmarking an excellent tool for combating issues that come from truck driver shortages. Financial insight feeds into equipment purchasing decisions. The benchmarks also provide necessary financial insight for making equipment purchasing decisions. Greater financial insight is an invaluable tool.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

Locus

SEPTEMBER 19, 2023

Emerging tech solutions hold great promise in significantly reducing emissions. Here are some key options: A) The EV Way Electric vehicles (EVs) are a clear solution for reducing carbon emissions in last mile logistics. Over the last decade, technological advancements in the last mile sector have ushered in innovative solutions.

Optimization Software 52

Optimization Software Cost Reduction Inventory Reduction Logistics Network Optimization Software 52

EazyStock

JUNE 21, 2022

Recent Accenture research showed that 53% of supply chain executives said the pandemic had made them rethink their overall supply chain leading many companies to use cloud computing solutions to help them transform their business and how they operate their supply chains. The transition to cloud solutions in supply chain management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

FreightWaves SONAR

DECEMBER 15, 2020

Start where it all begins – procurement. Procurement remains an oft-overlooked side of a freight spend analysis. Descriptive and diagnostic analytics are additional analytics tools that can help. Thus, predictive and prescriptive analytics tools become useful in proactive spend management. Request a SONAR Demo.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

Locus

SEPTEMBER 20, 2023

The process drives technology: In the build vs. buy debate for last-mile delivery solutions, Mr. Salah believes processes should dictate technology decisions, not vice versa. If available technology aligns with a business’s needs and processes, they’ll purchase it. Otherwise, they’ll develop in-house solutions.

Webinar 52

Webinar 3PL Logistics Network Optimization Software Vendor Strategies 52

Locus

FEBRUARY 27, 2023

Before that, he wanted to purchase a pair of shoes from a nearby store. Time to value is the time customers spend to derive value from the purchased product. In last-mile delivery , it is the time gap between buying a dispatch management solution and gaining a positive Return On Investment (ROI) from it.

Optimization Software 52

Optimization Software Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills 52

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

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. Choose and implement demand planning software While you can do demand planning manually, managing data in multiple spreadsheets makes it harder to analyze and bring together usefully.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

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. Choose and implement demand planning software. It will be easier and faster to implement software. Use your software to produce your initial forecast.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

Locus

JANUARY 2, 2023

Imagine your customer purchased a refrigerator and scheduled a two-hour window out of her busy schedule for its installation. And this requires you to invest in route optimization software for effectively planning tasks. Locus’ delivery management software: The all-in-one tool for your backward and forward scheduling needs.

Material Savings 52

Material Savings Inventory Reduction Resource Reduction Optimization Software 52

EazyStock

JULY 2, 2021

In inventory management a BOM is critical to ensure the correct quantities of each item are procured and available at the right time to prevent delays along the supply chain. It’s important to use consistent units of measurement and sizes across all similar parts, to avoid any confusion with stock planning and purchasing. Availability.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Material Savings Procurement Solutions 52

EazyStock

NOVEMBER 18, 2022

NetSuite is the world’s number one cloud business management software suite, and we’re number one when it comes to inventory optimization. Ultimately, our automatically generated purchase orders will save you time and money. Book a demo to learn more about EazyStock’s functionality and how it can make your demand planning easier.

Optimization Software 52

Optimization Software Procurement Solutions Procurement Analytics Purchasing Skills 52

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%. Now take a moment to think about the complicated trip your gadget took to reach your doorstep.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

EazyStock

NOVEMBER 18, 2022

NetSuite is the world’s number one cloud business management software suite, and we’re number one when it comes to inventory optimization. Ultimately, our automatically generated purchase orders will save you time and money. Whether software is good value for money and whether automating manual tasks is worthwhile.

Optimization Software 52

Optimization Software Procurement Solutions Procurement Analytics Inventory 52

Locus

FEBRUARY 28, 2023

Nowadays, modern shoppers demand transparency throughout the entire purchase process in real time, from the moment they place their order online until it arrives at their doorstep. Locus’ logistics solution can help streamline the delivery process and provide much-needed transparency to customers, leading to increased satisfaction.

Supply Chain Software 52

Supply Chain Software Automation Procurement Solutions Ordering 52

Locus

OCTOBER 27, 2023

Enter the game-changer: route planning software. That’s where sophisticated route planning tools come to the rescue. Such software meticulously considers ground realities and business specifics to craft the most economical and efficient routes for drivers.

Optimization Software 59

Optimization Software Logistics Network Optimization Software Cost Reduction Expense Reduction 59

WorkWave

DECEMBER 19, 2023

The common pesticides homeowners purchase at the hardware store, for instance, are unclassified by the EPA and are referred to as general-use pesticides. If you’re looking for more info on starting your own pest control company , check out this informative blog. Also, note that not all pesticides require special authorization.

How To 52

How To Procurement Solutions Purchasing Skills Training 52

Locus

OCTOBER 21, 2022

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. Schedule Demo. Talk to Our Experts.

Supply Chain Planning Software 52

Supply Chain Planning Software Meeting Optimal Sourcing How To 52

Locus

JULY 25, 2023

E-commerce is becoming a reality,” the management consulting company stated, “reinventing consumers’ path to purchase, forming new customer experiences , disrupting business models, and creating growth opportunities for large and small retailers as well as for a new generation of pure E-commerce players.” In 2019, Bain & Co.

Optimization Software 98

Optimization Software Optimization Modeling Supply Chain Planning Software Optimization 98

Locus

DECEMBER 23, 2022

Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. Retailers need a robust logistics solution that helps them align their capacity with customers’ delivery preferences. Retailers should leverage cutting edge technology solutions to overcome this major roadblock.

Supply Chain Planning Software 52

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

EazyStock

FEBRUARY 17, 2021

Smart inventory purchasing. A key responsibility of every inventory purchasing team is to negotiate the best price for the items they reorder, so that the sell-on price is as profitable as possible. But striving for the cheapest unit price isn’t always the most cost-effective way to procure a product.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Blue Grace Logistics

APRIL 13, 2022

While a TMS is a powerful tool and typically full of various and helpful features, not every company will need the full suite of options in order for it to be beneficial. In an interview with Fleet Owner , Cody Schmidt, corporate purchasing manager at Plastic Ingenuity, touts his TMS experience. Want a free BlueShip Demo?

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 62

Locus

JULY 10, 2023

Perhaps the answer lies in adopting cutting edge supply chain solutions. Locus, however, transforms post-purchase data into valuable knowledge, presented through easily understood dashboards. And that’s why companies today need to embrace a robust supply chain visibility (SCV) solution.

Optimization Software 52

Optimization Software Supply Chain Software Supply Chains Optimization 52

Ship Monk

DECEMBER 15, 2023

Will consumers be reluctant to use credit cards for holiday purchases? For the first time, mobile purchases have overtaken desktop purchases. We’ve covered ecommerce KPIs in detail in recent blogs, and no doubt you already know whether you’ve hit your BFCM numbers. Which items were frequently purchased together?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Blue Grace Logistics

MARCH 2, 2021

Want A Free BlueShip TMS Demo? While a TMS is a powerful tool and typically full of various and helpful features, not every company will need the full suite of options in order for it to be beneficial. In an interview with Fleet Owner , Cody Schmidt, corporate purchasing manager at Plastic Ingenuity, touts his TMS experience.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 62

FreightWaves SONAR

NOVEMBER 20, 2020

It is a measure of the beginning inventory cost plus the purchases made during the period, minus the ending inventory costs. Enterprise software performance Measuring enterprise software performance is another one of the tricky KPIs in supply chain management. It’s largely dependent on how a company views software performance.

Supply Chain Design Software 66

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 66

Locus

MAY 25, 2022

But today, nothing can be more heartbreaking to a customer than a business breaking its delivery promise on their prized purchases. Route planning software enables you to set efficient, accurate, and realistic routes that contribute to high on-time delivery rates. It gives them an experience of the product before purchasing.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

EazyStock

JUNE 16, 2022

It uses algorithms, software, or systems to learn and adjust without specific programming. The software can run different supplier scenarios based on lead times, prices, or other parameters to help make real-time, strategic decisions. Inventory optimization software. What is machine learning?

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52