EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. While you can do demand planning manually, managing data in multiple spreadsheets makes it harder to analyze and bring together usefully. Gather internal and external data.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 20, 2020

This keeps the data clean and easier to use for forecasting going forward. Look out for such trends in your historical demand data and adjust your forecasts accordingly. Qualitative factors: Add any qualitative forecasting factors into your data, such as sales promotions, competitor activity or external market events.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

FreightWaves SONAR

FEBRUARY 8, 2021

When freight market participants are able to get a leading indicator instead of historical data, they are able to proactively plan for assets needed, capacity, and the potential price of freight for drayage and surface transportation moves that head to inland markets after ocean shipments go from the port to roads. Request a SONAR Demo.

Outbound 98

Outbound Procurement Analytics Demo Freight 98

FreightWaves SONAR

JANUARY 5, 2021

Let’s look at seven ways that freight technology and data achieves that goal. Freight data reduces dwell time and load time. New advances in data-driven transportation management help reduce dwell time impact by streamlining scheduling and avoiding bottlenecks in the yard. Data-driven processes streamline shipping.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

Locus

MAY 25, 2022

Take last-mile deliveries for example. But today, nothing can be more heartbreaking to a customer than a business breaking its delivery promise on their prized purchases. It gives them an experience of the product before purchasing. Use data insights. The obvious answer is data. And how they have been changing!

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

FreightWaves SONAR

MARCH 15, 2021

Read on to learn what is SONAR SCI’s Lane Acuity Plus, what it tells subscribers who have purchased SONAR SCI, and how the application aids freight market participants by gaining deeper lane by lane insights around freight shipping. . This data has been collected over a 4 year period, broken down into shipper industry cohorts.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

NOVEMBER 20, 2020

As an example, Supply Chain Dive states, “Minimizing the number of claims for overages, shortages and damages (OS&Ds) as a percentage of deliveries,” is one way to manage operations and track performance better. While following OS&D helps, it’s only a fraction of the true value of data-driven supply chain management.

Supply Chain Design Software 66

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 66

EazyStock

MAY 11, 2021

We’re going to use Frank’s Fasteners business as the example: 1. Determine the thresholds for splitting the data into A, B and C categories. How to Put your Data to Good Use. After you calculate ABC classification, you can use your final data to review how you currently manage the inventory in each category.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

EazyStock

JUNE 21, 2022

Cloud computing, often referred to as ‘the cloud’, is simply the process of running programs and storing data over the internet rather than using a local or personal server. There could be multiple reasons for this reluctance to move data over to the cloud. The transition to cloud solutions in supply chain management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

EazyStock

DECEMBER 13, 2020

For example, did you take out a loan through the Paycheck Protection Program ? For example you should adopt a different demand forecasting technique for mature products with steady demand, compared to items in decline where demand is become more erratic and lumpy. Improve Demand Forecasting.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

EazyStock

JUNE 18, 2019

ABC Classification Calculation Example. We’re going to use Frank’s Fasteners business as the example: 1. Determine the thresholds for splitting the data into A, B and C categories. How to Put your Data to Good Use. For more information on EazyStock or to book a demo , click here.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

Ship Monk

JULY 28, 2022

If your eCommerce business makes and sells hats, for example, you purchase raw materials such as fabric, thread, leather, ribbon, etc. The manufacturing company purchases the raw materials, manufactures the goods, and sells finished products to wholesalers, retailers, or eCommerce businesses that order the goods.

Inventory 64

Inventory Manufacturing Procurement Purchasing Skills eCommerce 64

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Conger

JULY 22, 2021

For example, these systems can handle tasks ranging from: Receiving goods. For example, a Shopify storefront is an eCommerce platform. A Shopify storefront is an example of an eCommerce platform. Take our Shopify example again. You can track data about the latest orders, shipments, or any other activity on your inventory.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software eCommerce Logistics Network Optimization Software 52

FreightWaves SONAR

NOVEMBER 16, 2020

This week, learn how freight market participants, especially those freight parties who are executing refrigerated shipping moves, rely on SONAR indices that show reefer freight data and activity. Example : ROTVI.ATL was 250 as of August 1. As more data flows into SONAR, the reefer predictive rates grow more accurate.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

EazyStock

JUNE 18, 2019

ABC Classification Calculation Example. We’re going to use Frank’s Fasteners business as the example: 1. Determine the thresholds for splitting the data into A, B and C categories. How to Put your Data to Good Use. For more information on EazyStock or to book a demo , click here.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

EazyStock

DECEMBER 13, 2021

For example, when there is only a day, a week or a month’s worth of stock left, based on the item’s average sales. A basic risk of stockout spreadsheet can be easily set up using the following data: Current stock items, items on order and in transit. Ensuring your Data is Accurate and Up-to-Date. Demand forecasts. Lead times.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

Locus

FEBRUARY 27, 2023

Before that, he wanted to purchase a pair of shoes from a nearby store. Time to value is the time customers spend to derive value from the purchased product. This time between purchasing the shoes and deriving value from them is what we call business as the time to value. But we are not going to talk about it now.

Optimization Software 52

Optimization Software Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills 52

Locus

MARCH 27, 2024

Instead of every order piling onto the delivery system, customers become willing participants in the logistics chain, picking up their purchases at their convenience. Take XYZ Retail for example, juggling 100 diverse orders ranging from on-demand to next-day deliveries. Schedule a demo with us!

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

EazyStock

APRIL 18, 2023

High interest rates make it less appealing for businesses to make long-term investments in their supply chain infrastructure, such as building or purchasing new warehouses or storage facilities, updating vehicles and transport or digitalizing supply chain systems. For example, warehouse costs, insurance and financing. Demand falls.

Supply Chain Planning Software 52

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

Shipchain

APRIL 2, 2019

Decentralized Data Ensures Compliance and Universal Application of Electronic Devices. The power of blockchain lies in a decentralized data core. For example, blockchain can leverage ELD data to refine the estimated time of arrival for deliveries, reports Finextra.

Manufacturing Procurement 49

Manufacturing Procurement Supply Chain Design Software Procurement Solutions Supply Chain Software 49

EazyStock

MARCH 9, 2021

See an example of ABC analysis in action here. For example, you may want to focus on improving the service levels of your A class products, over your Bs and Cs by increasing your safety stock levels. Especially if the classification is done based on ‘gut feel’ and not hard data. Focus on your category A items.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

Ship Monk

NOVEMBER 14, 2022

2 Analyze Your Past Data and Compare It to Current Trends. Being aware of these vital data points will help you consistently improve your strategy year-over-year. After taking stock of your batting average, aim for the fences by comparing it to the data gathered by other ecommerce business owners and industry professionals.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

FreightWaves SONAR

MARCH 12, 2021

In this SONAR example, I want to focus on the decision of when to start a trucking company and more importantly, what type of equipment would be best to use. . Integrating your company’s freight data with our SONAR API would allow you to examine these opportunities. Request a SONAR Demo. SONAR’s OPRAT INDEX.

Purchasing Skills 90

Purchasing Skills Modeling Software Procurement Analytics After-sales 90

EazyStock

JANUARY 4, 2021

EazyStock is a cloud-based inventory optimization solution that integrates directly with your existing ERP to automatically feed data back and forth. Taking a daily feed of point of sale data, current stock levels and stock-on-order, EazyStock then begins to crunch the numbers. Improved Inventory Management for Acumatica Users.

Inventory Reduction 52

Inventory Reduction ERP Inventory Optimization Software 52

Ship Monk

MAY 19, 2022

Sometimes the vendor can give projections of when the item will be back in stock and shipped, for example: “Won’t Ship Until July,” “Won’t Ship for 10 Business Days,” etc. orders with a backorder purchase), pickers and packers in a warehouse need to be aware of what is and isn’t going in the shipment.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Logistics Network Optimization Software 52

GlobalTranz

APRIL 6, 2016

Yet, more consumers are getting online and finding their purchases around the globe. One of the greatest drawbacks to a traditional transportation management system revolves around where data is stored, analyze, and applied. For example, at Cerasis we have a report called the "Least Cost Compliance" report. Cloud Storage.

Supply Chain Design Software 50

Supply Chain Design Software Supply Chain Planning Software Modeling Software Transportation 50

Ship Monk

NOVEMBER 30, 2023

Most shopping carts, including Shopify, WooCommerce, BigCommerce and others, collect data with every order. For example, Shopify’s Analytics dashboard tracks important sales metrics and will calculate the percentage of change from one timeframe to the next. The first place to look is your shopping platform or website shopping cart.

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

Conger

FEBRUARY 5, 2024

So, here are some forklift purchasing factors to check out as you go to buy a forklift, especially buying a forklift for the first time: 1. Research, Forklift Type Selection When you purchase a forklift, you must know what you want and your operation’s requirements. The important thing is to get the right forklift for your operations.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Purchasing Skills Negotiating Skills 52

FreightWaves SONAR

NOVEMBER 30, 2020

For example, if there were 700 intermodal shipping containers moved between City A and City B in the past week, that lane shows a total ORAIL value of 100. It gives SONAR users visibility to daily changes in the intermodal market and is broken down in detailed granularity not found in other data sources.

Purchasing Skills 59

Purchasing Skills Negotiating Skills Sourcing Strategies Freight 59

EazyStock

APRIL 13, 2022

If possible, use real-time data and big data insights to delve deep into each area of your supply chain. For example, having more accurate demand forecasting, warehouse automation, diversifying your supplier network or bringing new technologies on board to give you real-time data. Purchasing.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

EazyStock

APRIL 28, 2022

Our article explains how to forecast and deal with fluctuating demand , including using appropriate historical data and how to deal with periods of stockouts. For example, soft drink companies now use recycled plastic to manufacture new single-use plastic bottles. If you’d like to know more, speak to one of our team to arrange a demo.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

EazyStock

APRIL 28, 2022

Our article explains how to forecast and deal with fluctuating demand , including using appropriate historical data and how to deal with periods of stockouts. For example, soft drink companies now use recycled plastic to manufacture new single-use plastic bottles. If you’d like to know more, speak to one of our team to arrange a demo.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

EazyStock

JUNE 23, 2021

An example of a BOM-dependent forecast would be for the components that make up a fountain pen. An example here could be when stationery items are sold in a writing set, but also sold on their own. Instead, they can use the data to make informed inventory management decisions and refocus their time on managing suppliers and customers.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Inventory Reduction Inventory 52

EazyStock

AUGUST 9, 2022

SRM software also provides all the data needed to empower procurement managers to negotiate bulk discounts and reduce carriage costs. It stores supplier, customer, and order data, often from their first contact with the business through to sale, and then helps manage any queries or further communications. How EazyStock can help.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

EazyStock

MARCH 17, 2021

Customers will flock to stores and websites to purchase gifts and holiday décor. Cyber attacks on supply chains include anything from holding systems hostage to data breaches that compromise individuals’ information. Holidays affect supply chains in a couple different ways. Impacts from Disruptions. Delivery Disruptions/Cancellations.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

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