Remove Course Remove Demo Remove Examples Remove Sourcing Strategies
article thumbnail

2021 Strategies for Inventory Management and Supply Chain Recovery

EazyStock

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can.

article thumbnail

Supply Chain Intelligence: The Value of AI and Machine Learning to Predict Freight Rates

FreightWaves SONAR

Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Of course, no disruption comes close to those that have been experienced to date in 2020. Consider this example. Consider this example. . It’s that simple.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Demand Forecasting 101: Everything eCommerce Businesses Need to Know

Ship Monk

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! The COVID-19 pandemic was a prominent example. #5 What is Demand Forecasting?

article thumbnail

Freight Spot Quotes: How Freight Chatbots Can Automate Quoting

RPA Labs

When issues arise during transport, spot quotes are the quickest and most efficient path to resolution. However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . Request a demo with RPA Labs to get started. .

article thumbnail

What is a Logistics Service Provider?

Ship Monk

Not all of those examples are exactly illustrious, but they do (for the most part) prove that two heads really are better than one. We’ll get into some examples of the different types of “PLs” later, so hang on to your hats! Of course, not all logistics service providers are created equal, which leads us to.

article thumbnail

Retail disruption and K-shaped recovery highlight importance of freight data

FreightWaves SONAR

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Of course, during that same period, many retailers performed extremely well. Those use cases include: .

article thumbnail

Freight Spot Quotes: How Freight Chatbots Can Automate Quoting

RPA Labs

When issues arise during transport, spot quotes are the quickest and most efficient path to resolution. However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . Request a demo with RPA Labs to get started.