EazyStock

DECEMBER 13, 2020

Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can. For example, did you take out a loan through the Paycheck Protection Program ? This software links directly with your ERP and creates a daily list of purchasing recommendations based off the inventory data.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Logistics Business Magazine

MARCH 30, 2022

For example, it developed packaging systems that can use paper instead of plastic, as well as solutions that can create packaging tailored to the contents to minimise waste. However, the company wanted to go a step further and look for tools able to provide objective data and values.

Packaging 58

Packaging Supply Chain Software Material Savings Logistics Network Optimization Software 58

Ship Monk

NOVEMBER 21, 2022

Using the tea kettle example above, let’s say the maximum number of blue tea kettles you’ve ever sold in one day is 45. Average lead time is 30 days, including manufacturing and shipping, and over the course of a year you sell an average of 29 units per day. Improving Data. Of course, not all systems are created equal.

How To 52

How To Inventory Reduction Supply Chain Software eCommerce 52

Ship Monk

JULY 27, 2022

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. Put simply, demand forecasting uses a variety of data to foresee customer demand and inform major business decisions, from launching new products to finding the perfect 3PL partner. What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

RPA Labs

SEPTEMBER 16, 2021

However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . For example, hours of wasted time emailing several carriers and awaiting their replies, compiling carrier quotes, and choosing one take a ton of time. Ensure the security of data.

Supply Chain Software 52

Supply Chain Software Automation Freight Supply Chain Design Software 52

Locus

FEBRUARY 7, 2022

Take the example of last year’s holiday season. The algorithms continuously learn and optimize routing and vehicle selection by analyzing data across three levels – riders, customers and, time of the day. All of these can help in identifying performance gaps or with course correction if needed. Share and Enjoy !

Optimization Software 52

Optimization Software Optimization Automation Logistics Network Optimization Software 52

Locus

MARCH 27, 2024

Take XYZ Retail for example, juggling 100 diverse orders ranging from on-demand to next-day deliveries. By leveraging data on real-time traffic, driver schedules, delivery priorities, and vehicle capacities, retail businesses can carve out the most efficient paths for their fleets. Schedule a demo with us!

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

RPA Labs

SEPTEMBER 16, 2021

However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . For example, hours of wasted time emailing several carriers and awaiting their replies, compiling carrier quotes, and choosing one take a ton of time. Ensure the security of data.

Supply Chain Software 52

Supply Chain Software Automation Freight Supply Chain Design Software 52

EazyStock

NOVEMBER 19, 2021

Let’s introduce Mary’s Plumbing Warehouse as an example. For example, Mary may end up with unnecessarily large amounts of capital invested in excess stock of Showerhead C, whereas she could easily run out of Showerhead B. In reality, of course, this rarely happens. Time-based safety stock calculations. x 1) = 362.50

How To 52

How To Inventory Reduction Inventory Optimization Modeling 52

FreightWaves SONAR

JANUARY 21, 2021

And of course, it hinges on the ability to understand and maintain consistency in your metrics. . As a few examples, these are four critical KPIs to focus on: Owner-operator to driver ratio – A lower ratio here means more opportunities for in-house drivers who bring more affordable rates. . Download the White Paper.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 87

eCommerce Inventory Reduction Operations Modeling Software 87

FreightWaves SONAR

DECEMBER 11, 2020

An intimate relationship exists between truckload providers and ocean import market data. Fortunately, it’s easier than ever for truckload providers to lower detention and demurrage risk with these uses of ocean import data. Improve replenishment planning with access to ocean import data. That one is the simplest of all.

Data 59

Data Supply Chain Planning Software Supply Chain Software Optimization Software 59

Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. A: Back then, every transaction was an uphill struggle.

Logistics Network Optimization Software 112

Logistics Network Optimization Software Optimization Software Digital Buyer Training 112

Ship Monk

FEBRUARY 8, 2023

This, of course, means that streamlining those warehousing and fulfillment operations can drive profitability. Tech-forward 3PLs with advanced warehouse management systems will be able to track performance on a more granular level so they can offer their ecommerce clients real-time data and customized reporting.

Optimal Sourcing 59

Optimal Sourcing Operations Optimization Software Inventory Reduction 59

FreightWaves SONAR

MARCH 1, 2021

The algorithm ingests millions of data points, including but not limited to tender data, operational costs, and demographic information and projects them 28 days into the future. . The weighted average calculation weights each lane’s value based on volume derived from tender data. Take the above graphic for example: .

Data 59

Data Modeling Software Price Reduction Cost Reduction 59

FreightWaves SONAR

APRIL 27, 2021

What’s also clear from analyzing shipment data is that many of the largest consumer goods shippers have already converted the most obvious applicable shipments to intermodal. For example, Shipper X (an aggregation of two household-name CPG companies) uses intermodal for ~90% of its dry loads in a number of dense long-haul lanes.

Picking 52

Picking Purchasing Skills Sourcing Strategies Outbound 52

WorkWave

OCTOBER 12, 2022

If, for example, it finds a better route within the driver’s path due to traffic, it can instruct it vocally to shift towards that route. Google Maps has a significant amount of real-time traffic information – it collects data from users worldwide to understand traffic flows at any given point. BOOK DEMO. #5

Optimization Software 52

Optimization Software Logistics Network Optimization Software Eliminating Excel in Purchasing Optimization 52

Blue Grace Logistics

MARCH 15, 2018

With rapid advancements in interconnectivity, such as the Internet of Things and the added advantage of instant data streaming, the freight industry has been devouring data technology as a whole and is getting a much-needed overhaul. There are still some serious gaps, tracking being a great example of this. becomes apparent.

Logistics Network Optimization Software 54

Logistics Network Optimization Software Trucking Sourcing Strategies Manufacturing Procurement 54

Turvo

JUNE 16, 2020

For example, to increase agility in the event of regional shutdowns, a leading fashion company has already started to develop new supply sources beyond its current network in Southeast Asia.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Sourcing Strategies Cost Reduction Expense Reduction 64