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How to Prepare an Efficient LTL Transportation Budget

Blue Grace Logistics

How to Prepare an Efficient Transportation Budget Show Submenu Resources. The Logistics Blog®. Learn how to build your shipping budget correctly. How to define your transportation needs. It means you had a good holiday season and need to do a tremendous amount of inventory replenishment early in the year.

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How to Optimize Inventory Management for eCommerce

EazyStock

Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory. 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. Seasonality, trends, promotions and new products.

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Demand forecasting challenges – how to deal with fluctuating demand

EazyStock

There have been significant shifts in customer behavior, making it hard to base assumptions on consumer trends. How to overcome demand forecasting challenges. As a first step, if you have access to historical data, look for a sales period with similar trends and market dynamics as the present day (if possible).

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How to Improve Inventory Turnover with Inventory Optimization

EazyStock

How to Increase Inventory Turnover with Inventory Optimization. This post will explain how, but first, let’s deal with a few simple definitions. Most items in the growth stage will experience an upward demand trend. In these situations you have to think smartly and weigh the costs against each other for replenishment.

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Backorder: What it Means, Causes, and How to Reduce Temporarily Out-of-Stock Items

GoShip Blog

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. How to Reduce Backorder? Out-of-stock vs backorder.

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How to Manage Obsolete Stock in Your Inventory

EazyStock

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. How to Reduce Excess & Obsolete Inventory. In this stage of the product life cycle, there is no market demand for the product.

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How to Manage Inventory in a Growing Business

EazyStock

In this three-part blog series we’re looking at each of these inventory management problems. In this post we’re exploring how to manage inventory effectively when you’re faced with a growing product portfolio. Read about other inventory management problems and their solutions in this three-part blog series: Challenge no.