EazyStock

NOVEMBER 19, 2021

For products whose demand is more erratic, higher levels of safety stock are required, but how do you calculate the optimal level? Using this information and her sales data from last month, she can work out safety stock for each showerhead SKU: Shower head A: (630 x 1.5) – (582.50 Average/Max safety stock formula. x 1) = 362.50

How To 52

How To Inventory Reduction Inventory Optimization Modeling 52

FreightWaves SONAR

FEBRUARY 22, 2021

Smart and practical trucking data is critical for the modern supply chain network. And it’s critical to know how to apply these practices correctly. . Think about your business model and carrier type. This gets easier to accomplish with tailored benchmark data analysis. . Download the White Paper.

Price Reduction 75

Price Reduction Supply Chain Planning Software Waste Reduction Cost Reduction 75

EazyStock

OCTOBER 31, 2022

They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Demand forecasting provides the information management teams use to plan how to meet that demand. Demand planning software can help you analyze data quickly to ensure your data remains relevant.

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Demand forecasting provides the information management teams use to plan how to meet that demand. Demand planning software can help you analyze data quickly to ensure your data remains relevant.

Supply Chain Planning Software 52

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

EazyStock

JUNE 18, 2019

The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management. Here is a working illustration of how to divide your inventory using annual consumption value. How to Put your Data to Good Use.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

EazyStock

JUNE 18, 2019

The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management. Here is a working illustration of how to divide your inventory using annual consumption value. How to Put your Data to Good Use.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

Locus

SEPTEMBER 27, 2022

With Bukalapak being a heavyweight in O2O E-commerce, Malay wanted to know how it makes its procurement process easier and efficient. To make this process super-efficient, they connect large wholesalers with mom-and-pop stores using this IDC model. Quick access to data insights: The need of the hour. Schedule a Demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Modeling Software Optimization Software 52

Locus

SEPTEMBER 5, 2022

To decode the nuances behind the industry, Aman Jha, VP of Operations, and Rajarshi Chattopadhyay, VP: Product, Growth, Data & Tech at RentoMojo, got in conversation with Mehul Kapadia, Chief Growth Officer at Locus, in the third episode of Locus’ In focus webinar series. The allure of convenience over ownership.

Modeling Software 52

Modeling Software Optimization Software Logistics Network Optimization Software Optimization Modeling 52

Ship Monk

JUNE 8, 2022

Learning how to manage inventory is one of the biggest challenges of owning an eCommerce business. There are many different models for forecasting inventory , and plenty of textbooks written on the subject. Many companies use the EOQ model to manage inventory more efficiently while simultaneously minimizing inventory costs.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 52

Ship Monk

JULY 27, 2022

Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! 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

WorkWave

FEBRUARY 16, 2024

This vital metric measures how much money you’re actually making after all your hard work zapping bugs and rodents. It’s crucial to understand why profit margins matter and how to calculate them right down to the last cent, so we’ve created this pest control business profit margin calculation guide. If you recall the 13.7%

Expense Reduction 52

Expense Reduction Price Reduction Cost Reduction Vendor Strategies 52

Ship Monk

FEBRUARY 9, 2024

Demand forecasting is the process of estimating how many units of each product you’ll need to cover demand for a given sales period, without running out of stock or having to take excessive post-holiday markdowns. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

Ship Monk

MAY 19, 2022

Whether they do or not depends on their business model, uniqueness of products, quality of products, the capabilities of their logistics company, and trust that their suppliers can actually fulfill demand in a timely manner. As in: Do you have data to support that customers will buy and not return backordered items?

Supply Chain Planning Software 52

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

Talking Logistics

MAY 22, 2018

It’s the reason why more than 300 people attended this year’s Shipper Symposium: to learn about the trends shaping the industry and to discuss how to rewrite the rules for success moving forward. Optimize dock schedules in real-time based on the real ETA of a truck, or even more exciting, based on the demand for the products in the truck.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Production Logistics Network Optimization Software 72

Locus

SEPTEMBER 13, 2022

Retail businesses that need the best of in-house and outsourced fleets are opting for hybrid fleet models. With unexpected volatilities in customer demand and a shortage in capacity, it is getting harder for businesses to find the optimal fleet mix. Else, it is optimal to choose outsourced fleets. Data security.

Outsourcing 52

Outsourcing Optimization Software Purchasing Skills Optimization Modeling 52

Locus

JULY 28, 2022

Planning, managing, optimizing and executing the final-mile logistics operations aren’t possible without delivery management software. Being confused at this scenario, you go back and check the data. The data findings lead you to act quickly and solve this problem. It is the hows that guide your purchasing decisions.

Optimization Software 52

Optimization Software Modeling Software Definition Logistics Network Optimization Software 52

Locus

JUNE 23, 2022

Omnichannel retailing is a business model where retailers sell products through multiple channels in a unified way. When implementing omnichannel retailing, the biggest question that arises for retailers is how to reorganize their last-mile logistics. Schedule Demo. What is omnichannel retailing?

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Modeling Software Optimization Software How To 52

247 Customs Broker

JANUARY 9, 2019

As the new currency of improvement, data is essential to identifying and building those connections. The modern lift truck, whether equipped with standard data ports or more sophisticated telematics systems, is joining the connected enterprise. Tapping into the data stream. And, there are mountains of it.

Supply Chain Planning Software 28

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Modeling Software 28