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

Inventory Reduction Optimization Software eCommerce Inventory 52

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. While supply chains have come a long way in meeting the consumer demands of ecommerce, the delivery of large or bulky good items have experienced challenges.

Supply Chain Planning Software 62

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

EazyStock

JUNE 24, 2020

In this four part blog series we discuss how inventory management teams can use inventory optimization to help deal with the impact of the Coronavirus in the medium and long term, focusing on demand forecasting, supplier management and inventory planning. You can then either manually adjust replenishment parameters e.g

Procurement Solutions 98

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Logistics Viewpoints

DECEMBER 15, 2022

This blog will review how category managers and supply planners can use cluster analysis to make smarter decisions and grow sales. Now, we can do better than that by using advanced analytics, which can be extended to include more dimensions, such as trends, and provide further insights. The retail industry is rich with data.

Optimal Sourcing 116

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FreightWaves SONAR

FEBRUARY 23, 2021

As experienced personnel retires, not enough hands come in to replace them to meet current levels of demand. The solution: Recognizing market trends as they occur in real-time is easier with access to actionable, insightful data. One of the greatest challenges to overcome remains the simple lack of new maritime shipping professionals.

Maritime 84

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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

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GlobalTranz

DECEMBER 22, 2020

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. Rapid shifts in sourcing increased shipping spend and left routing guides useless for meeting demands.

Inventory Reduction 62

Inventory Reduction Sourcing Strategies Cost Reduction Freight 62

EazyStock

JUNE 23, 2022

Big data is used to understand trends and patterns in behavior. Big data can help businesses reduce costs, enhance efficiency, and make smarter, informed decisions by quickly analyzing patterns and trends in a number of ways. Big data allows you to optimize replenishment. Big data and the benefits to inventory managers.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

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.

Supply Chain Planning Software 52

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

EazyStock

MARCH 22, 2022

There have been significant shifts in customer behavior, making it hard to base assumptions on consumer trends. Damaged customer satisfaction and reputation – if you cannot meet demand, loyal customers could turn to a competitor and not return. Take trends and seasonality into account. Consequences of poor demand forecasting.

Supply Chain Planning Software 52

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Blue Grace Logistics

JUNE 5, 2023

Nearshoring, an idea that was gaining traction before Covid and has exploded since, is the trend of companies moving manufacturing out of China and other Asian countries and into Mexico, where shortened supply chains can ship products all over the U.S. in a matter of a couple of days rather than a few weeks.

Supply Chains 74

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EazyStock

NOVEMBER 17, 2022

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. How inventory optimization can help you meet Black Friday demand At EazyStock, we do not believe it is possible to “guess” your way to success.

Procurement Solutions 52

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EazyStock

NOVEMBER 17, 2022

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. How inventory optimization can help you meet Black Friday demand. Redistribute inventory between warehouses.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

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. How inventory optimization can help you meet Black Friday demand. Redistribute inventory between warehouses.

Supply Chain Planning Software 52

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Locus

MAY 10, 2023

Meet Sarah , a hardworking professional who returns home after a long day at work to an empty fridge. Sarah effortlessly replenishes her groceries thanks to the on-demand delivery app , saving time and energy. This is because these services are tailored to meet the immediate needs of local communities. But fear not!

Optimal Sourcing 52

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EazyStock

AUGUST 21, 2020

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfillment targets. We’ve written numerous blog posts on ways to reduce excess and obsolete inventory and lower inventory carrying costs. Top five inventory reduction methods .

Inventory Reduction 52

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Infosys Supply Chain Management

JANUARY 13, 2013

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. Wealth Management. Supply Chain Management. Features & Opinions. |. Offerings. |.

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Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

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. Using AI to improve demand forecasting.

Supply Chain Software 52

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Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies : Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

EazyStock

FEBRUARY 7, 2020

In this three-part blog series we’re looking at each of these inventory management problems. A build-up of excess inventory and obsolete stock as social trends and technologies quickly change and forecasting models fail to keep up. Expanding product portfolios due to business growth and as customers demand more choice. Challenge no.

Inventory Reduction 52

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EazyStock

JUNE 10, 2022

One especially tricky task is ordering the right stock levels to ensure you can meet demand – without over-stocking. Calculating demand forecasts and replenishment parameters can also be very challenging and time-consuming without software. Inventory optimization. Inventory management has many facets. Logistics tracking.

Optimal Sourcing 52

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EazyStock

MARCH 26, 2018

However, in this blog post we will explain in a little more detail why EazyStock is different from your ERP inventory management capabilities and what value it brings to your business. You want to have the right products in stock to be able to meet your customers’ expectations on delivery times. ” [1]. Automated alerts.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Therefore, it is important to measure how well these suppliers meet the expected high level of quality. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time. Manufacturing KPIs. It is best captured in an ERP system and analyzed digitally.

Manufacturing Procurement 105

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Talking Logistics

JUNE 25, 2018

Over the past couple of years, we have published many blog posts and produced several video episodes on supply chain digital transformation (see our archives ). also uses the same pool of inventory to replenish stores and fulfill online orders, a departure from Target’s existing supply chain.”.

Supply Chain Transformation 60

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EazyStock

JANUARY 31, 2022

However, often statistical demand forecasting calculations that take into account demand types, trends and seasonality will be much more accurate. However, replenishment can be restrained by your suppliers’ ordering stipulations in terms of order frequency and minimum order quantity. Rate of return.

Inventory Reduction 52

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GlobalTranz

FEBRUARY 5, 2018

Supply chain managers and leaders need to understand which technology trends will be the dominant forces of change and continuous improvement in the coming year. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. They are easier to program and can be adapted to meet different needs.

Supply Chain Software 68

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EazyStock

OCTOBER 23, 2020

These patterns can re-occur over days, weeks, months or quarters and can make it harder for businesses to forecast future demand trends. By planning their orders upfront, they can help guarantee deliveries to meet customer demand. Are you sure the change in demand is a seasonal variance and not just a trend upwards/downwards over time?

How To 52

How To Optimization Software Inventory Optimization 52

GlobalTranz

JUNE 8, 2021

They must go beyond the standard delivery in transportation management, and consumers are pushing this trend forward. Inventory replenishment for businesses that need delivery in combination with restocking or setup of new fixtures for such inventory. The package could be stolen, or the package’s contents could perish.

Logistics Network Optimization Software 78

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Shipchain

JUNE 17, 2019

Farm-to-table and foraged foods trends are forcing food supply chains to evolve. Even automatic systems go back to a human-touch at some point, and information can be altered after the fact to meet business needs. Food Supply Chains on Blockchain appeared first on ShipChain Blog. Benefits of Blockchain in the Food Chain.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 48

Logistics Bureau

OCTOBER 20, 2021

While fill rate might be one of the components making up your perfect order KPI, it’s not a bad idea to keep track of order fill and line fill as KPIs in their own right, especially if in full performance is not trending above 98%. This KPI tells you the number of days your inventory would last without replenishment, before running out.

Supply Chain Design Software 96

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

GlobalTranz

DECEMBER 29, 2020

As COVID-19 continues to reshape the supply chain, we're looking ahead to the emerging trends in warehousing you need to be aware of to ensure your organization thrives in 2021. Five Emerging Trends In Warehousing To Prepare For In 2021. Five Emerging Trends In Warehousing To Prepare For In 2021. But the game has changed.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Design Software Warehousing Trends 62

GlobalTranz

DECEMBER 5, 2017

Although humans are part of the operational flow within the warehouse, robots in logistics do most of the difficult tasks, including replenishing the shelves with products. They also have the added benefit of increased efficiency allowing the plants meet production quotas easier. This high-tech system is extremely efficient.

Industry 61

Industry Logistics Network Optimization Software Material Savings Inventory Reduction 61

EazyStock

JANUARY 21, 2021

Dynamics Business Central has primarily been developed for the cloud and, as a SaaS product, businesses can choose to pay per user and month, making it very scalable to meet changing needs. EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment.

Inventory 52

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

GlobalTranz

FEBRUARY 2, 2015

Each blog post written is distributed into groups that reach the supply chain community as well as professionals in manufacturing, transportation, distribution, and more. Today’s post is a follow up blog post to the post written a week or so back called “Vendor Managed Inventory Model for Supply Chain Cost Reductions.”

Vendor Strategies 94

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EazyStock

NOVEMBER 17, 2020

This can include statistical demand forecasting , advanced inventory planning and automated replenishment activities. Can you recognize the warning signs that your business needs automated inventory planning and replenishment ? Trends: Many items will experience demand trends.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98