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The Role of Data Analytics in Supply Chain Management

3PL Links

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

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The Definition of Transparency

Blue Grace Logistics

While the reasons for explaining a higher need for transparency are clear, what is less clear is how to get there. As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results.

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How to Write a Winning Business Plan

Ship Monk

Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. No matter how insular you feel, nothing exists in a vacuum, especially in the digital realm. If you really want to play it smart, market research is one step you definitely don’t want to skip out on. How will you scale into the global market?

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A Summer of Sales: How to Combat the eCommerce Slow Season

Ship Monk

While operating at 110% capacity may not always be feasible, making the most of the eCommerce slow season definitely is. Grab your favorite pair of sneakers and allow us to run you through six suggested courses of action. If you’ve been itching to pick up the pace, you’ve stumbled upon the right blog post. Ready, set, go! #1.

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How to Get Your Forklift License: The Ultimate Guide [New in 2020]

Conger

Chapter 4: How to Pass Your Forklift Certification Test With Flying Colors. How to Decide If the ‘Operator’s Life’ Is Right for You. Chapter 6: How to Get a Job as a Forklift Driver. Part I: How to Get a Forklift License. Of course not. How to construct, transport, stack, and unstack loads.

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How to Calculate Safety Stock: Three Different Calculations

EazyStock

In reality, of course, this rarely happens. By definition, a ‘one size fits all’ approach to calculating safety stock will deliver the right amount of inventory for some items, but too much or too little for others. For starters calculating demand based on historical sales alone often leads to inaccurate forecasts – read more here.

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Email Tips for Ecommerce Businesses

Ship Monk

How to Track Performance The best way to track performance is to identify the KPIs (key performance indicators) that are important to you, and track them over time. Of course, what you say is just as important as how you say it. You do you and look at the data to determine what sending profile best fits your client base.