EazyStock

JANUARY 4, 2021

However, having control over every inventory item often ends up being a time-consuming and frustrating endeavor for most inventory teams, as they rarely have the right tools in place to get the job done well. This is where an inventory optimization tool comes into play. Optimized Inventory Replenishment.

Inventory Reduction 52

Inventory Reduction ERP Inventory Optimization 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

Ship Monk

JULY 27, 2022

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. How often does inventory need to be replenished? 1 Market Research – Market research gathers crucial customer data by means of surveying.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

EazyStock

DECEMBER 13, 2021

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. EazyStock takes a feed of your current stock data and uses historical sales to forecast upcoming demand. Demand forecasts. Lead times.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

EazyStock

MAY 11, 2021

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. Use an inventory optimization tool to automate the process.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

EazyStock

MARCH 9, 2021

Especially if the classification is done based on ‘gut feel’ and not hard data. While some ERP systems will have basic ABC (and XYZ) analysis functionality to do this, for more advanced capabilities you should look to invest in an inventory optimization tool. ABC analysis arguably over-simplifies the classification of goods.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

FreightWaves SONAR

DECEMBER 30, 2020

Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. Throughout the supply chain, data-driven transportation management’s success is only as good as the data quality and integrity in use.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

EazyStock

JUNE 18, 2019

Determine the thresholds for splitting the data into A, B and C categories. How to Put your Data to Good Use. With the calculations complete, you can use your final data to review how you currently manage the inventory in each category. Use an inventory optimization tool to automate the process. What’s the solution?

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

EazyStock

JUNE 18, 2019

Determine the thresholds for splitting the data into A, B and C categories. How to Put your Data to Good Use. With the calculations complete, you can use your final data to review how you currently manage the inventory in each category. Use an inventory optimization tool to automate the process. What’s the solution?

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

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. Where is it causing you problems? Purchasing.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

RPA Labs

NOVEMBER 18, 2021

Tasks such as demand prediction, inventory allocation, stock replenishment and even mark-down calculations and assortment and financial plan seeding are easily completed with ML/AI-powered tools. Greater data access: A single chatbot or logistics monitoring robot can generate a wealth of valuable information and data.

Freight forwarding 52

Freight forwarding Supply Chain Planning Software Supply Chain Software Inventory Reduction 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. Using data will improve forecast accuracy and help you understand what’s around the corner, whether that’s responding to increased lead times or changes in demand.

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. Using data will improve forecast accuracy and help you understand what’s around the corner, whether that’s responding to increased lead times or changes in demand.

Optimal Sourcing 52

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

EazyStock

MARCH 17, 2021

Cyber attacks on supply chains include anything from holding systems hostage to data breaches that compromise individuals’ information. There have been high-profile data breaches in recent years, such as the Target data breach that affected 41 million consumers and their payment cards. Impacts from Disruptions. settlement.

Supply Chain Planning Software 78

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

Blue Grace Logistics

JUNE 21, 2018

An effective TMS will provide comprehensive data analysis on the current shipping costs and processes which offers you an opportunity to compare your costs and processes versus what is available in the market. . One needs to do extensive and thorough data analysis of all current costs within the transportation and logistics silos.

Cost Reduction 49

Cost Reduction Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 49

EazyStock

JUNE 23, 2021

Luckily, inventory optimization tools , such as EazyStock, have the functionality to help. By clicking on a finished assembly you can quickly see items that make-up the BOM and a wealth of data about each one including: How many of each item is needed in the BOM. Automated BOM Inventory Management. Current stock levels. Lead times.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Inventory Reduction Inventory 52

FreightWaves SONAR

JANUARY 15, 2021

Thus, a predictive freight rating tool will be critical to making the best decisions and lead all other trucking trends. Meaningful, easy-to-understand data concepts and visualization will affect accept-or-reject decisions. It all comes down to seeing what’s happening and acting on that near-real-time data. Request a SONAR Demo.

Trends 64

Trends Trucking Supply Chain Planning Software Optimization Software 64

FreightWaves SONAR

JANUARY 22, 2021

(Graphics created by Emily Ricks) The shipper tech stack is continuously expanding, and according to Transportation Impact , “Key to all these new capabilities is data interoperability. Real-time collaborative alert management system No system reaches maximum potential when operating from old and outdated data.

Supply Chain Software 59

Supply Chain Software Logistics Network Optimization Software Resource Reduction Sourcing Strategies 59