GoShip Blog

DECEMBER 23, 2022

When this happens, many small business owners sell unavailable items on backorder and ship them to the customer after replenishing their inventory. The sudden increase in demand can be because of seasonal events like holidays, extreme weather, or social media trends. How to Reduce Backorder? Out-of-stock vs backorder.

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Inventory Reduction Supply Chain Planning Software Cost Reduction Material Savings 52

FreightWaves SONAR

MARCH 23, 2021

And rather than waiting until things go wrong, shippers, carriers and brokers can apply these seven last-minute thoughts can help bring to light what strictly a business should focus on and how to apply predictive rates to measure the likelihood of improved operations. Download the White Paper.

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EazyStock

OCTOBER 23, 2020

These patterns can re-occur over days, weeks, months or quarters and can make it harder for businesses to forecast future demand trends. With accurate demand forecasts that account for seasonality, you can optimize stock levels and make informed decisions on safety stock levels and replenishment rules. De-seasonalize the demand e.g

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GlobalTranz

JANUARY 4, 2016

As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. Do you have the right people in place?

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Logistics Business Magazine

JUNE 10, 2020

With traditional business models being turned upside down, brands like Heinz and Cadbury are capitalising on the e-commerce trend with a direct to consumer offer – and now restaurants are following suit with home delivery.

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How To Industry Modeling Software Supply Chain Software 36

EazyStock

JANUARY 21, 2021

EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment. It stores a wealth of data about every product and updates stock levels based on outgoing sales and incoming purchases. Microsoft Dynamics 365 Inventory Management Features.

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EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. The post How to successfully implement just-in-case inventory management appeared first on.

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Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. In this post we’ll look at 6 inventory control techniques that will specifically show you how to control your stock levels, help you optimize your inventory and maximize profits. Understand your demand.

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EazyStock

JANUARY 14, 2020

But once they’re up and running, there’s no doubt they offer a wealth of benefits, including streamlined processes, improved productivity, centralized data and better departmental collaboration. Read our blog post on how to calculate your demand forecasting accuracy for further information. Are you one of these people?

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FreightWaves SONAR

APRIL 14, 2021

posted a similar gain in March over February, sharply reversing a declining trend. The trend reversal in January and February has warranted a second look a few months later. Many companies are still struggling to replenish inventory from the surge of demand in 2020. Epilogue by Jason Vanover).

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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. How does that stack up to AOV ?

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Log-hub

NOVEMBER 22, 2023

In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years. This can make the application of ABCD Analysis less effective.

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Inventory Reduction Analysis Material Savings Waste Reduction 40

Blue Grace Logistics

AUGUST 30, 2021

What are the current and future trends in cold storage and transportation. As per the current analysis of Reports and Data , the global refrigerated transport market was estimated at $14.8 The following trends are transforming the way of operating companies dedicated to cold logistics: 1. from 2019 to $23.1

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EazyStock

MAY 20, 2020

It provides the data analytics that businesses need to make informed decisions and identify areas of improvement and opportunity. This plan can help supply chain managers identify the risks associated with their organization’s supply chain and how to mitigate them to keep disruption to a minimum.

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Logistics Viewpoints

DECEMBER 14, 2021

Integrated forecasting, store replenishment, warehouse procurement, purchase order creation, operational constraints such as storage space, unloading capacity, and commercial agreements such as vendor lead times, minimum order quantities, packaging configurations can hugely improve productivity and accuracy in the planning processes.

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Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

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EazyStock

AUGUST 21, 2020

Any organization looking to lower costs across their supply chain and improve profit margins should therefore start by taking a closer look at how to reduce their stock levels. How to reduce inventory using stock classification. It also helps keep cash flow healthy and has a positive impact on your end of year accounts!

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EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates.

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

Locus

MAY 10, 2023

Sarah effortlessly replenishes her groceries thanks to the on-demand delivery app , saving time and energy. This highlights how on-demand delivery services cater to immediate needs through technology and efficient logistics. Read the case study on how to increase visibility for on-demand pharma companies?

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GlobalTranz

APRIL 6, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The Amazon Effect: How the Retail Giant Has Shaken Up the Supply Chain and What Supply Chains Can Do to Keep Up Another major problem for businesses looking to embrace the use of robotics goes back to basic economics; its impact on jobs.

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Distribution Supply Chain Design Software Supply Chain Software Vendor Strategies 71

Logistics Bureau

JULY 18, 2022

Once you have gathered the data relating to your customers’ needs, you should be able to see if a single logistics strategy will work for your entire customer base, or whether you need to take a segmented approach. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Vendor-managed inventory or replenishment.

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Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics Bureau

OCTOBER 10, 2022

How to Improve Forecast Accuracy for Optimal Inventory. Inaccurate forecasts typically arise from mistakes, which, once identified, can be eliminated, such as: Failure to understand seasonality and other trends affecting demand volumes. Ignoring the presence of forecast biases which skew replenishment patterns.

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Inventory Reduction Inventory Optimization Modeling Optimization Software 114

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

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EazyStock

JANUARY 31, 2022

How to Choose Inventory Management KPIs. Demand forecasts can be set by sales teams based on qualitative data or historical sales figures. However, often statistical demand forecasting calculations that take into account demand types, trends and seasonality will be much more accurate. Backorder rate. Rate of return.

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Inventory Reduction Inventory Analysis Optimization Software 52

Talking Logistics

DECEMBER 4, 2017

Command Alkon organized a Leadership Roundtable with a select group of industry executives from all segments of the HBM ecosystem to discuss “The Data We Have vs. The Information We Need.” So, what are some of the data challenges the industry faces? Streamline, automate, and compress Order-to-Cash and Procure-to-Pay processes.

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EazyStock

NOVEMBER 17, 2020

Many organizations have an enterprise resource planning (ERP) system to collect, store, manage and interpret data from a host of different businesses processes. This can include statistical demand forecasting , advanced inventory planning and automated replenishment activities. Trends: Many items will experience demand trends.

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Logistics Business Magazine

APRIL 23, 2021

Companies were left scrambling, trying to figure out how to meet this heightened demand, keep their employees safe, and continue to operate without their usual supply chain networks. Suddenly, overnight the how and where of manufacturing and distribution changed. How can companies affordably build resiliency into operations?

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Stord

APRIL 11, 2022

(Source: Federal Reserve Economic Data ) The reason for the lack of inventory is complex. What’s more, many brands were not prepared to sell direct to consumer (DTC)—a trend that only accelerated during the pandemic. How to be More Efficient With the Inventory You Have The good news? just-in-time inventory). in January 2021).

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EazyStock

DECEMBER 8, 2021

Businesses in the US who import from these countries need to address how to deal with this break in supply without it causing stock shortages or stockouts. With this data it then calculates new order quantities and safety stock levels. Share demand projections and communicate with your suppliers early on.

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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.

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Data Supply Chain Planning Software Supply Chain Software Optimization Software 59

EazyStock

JUNE 23, 2021

Finally, if you add the complications of seasonality and demand trends to the mix, suddenly a simple forecasting project becomes a complex nightmare. 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.

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Supply Chain Planning Software Material Savings Inventory Reduction Inventory 52

EazyStock

APRIL 13, 2022

Supply chain strategy planning – if you understand your strategic objectives, you will be able to plan how to balance supply and demand. If possible, use real-time data and big data insights to delve deep into each area of your supply chain. Once again, you need real-time, good data to control supply. Purchasing.

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Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 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.

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Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

Ship Monk

OCTOBER 17, 2023

The key is to be aware of inventory challenges out the gate, and have knowledge on how to overcome them should they occur. Data is to peak season as wrapping paper is to a Christmas elf—necessary if you want things done right. Lucky for you, in this blog we’re going to cover both! A big part of that is inventory management.

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Infosys Supply Chain Management

MAY 25, 2012

Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. « How to make Preventive Maintenance a way of life in SAP APO Support Projects - Part 2 | Main | Multi - channel commerce in Europe - the next frontier for Retailers? Social Media in Supply Chain.the new trend!

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Logistics Business Magazine

JULY 25, 2023

Darcy de Thierry, Managing Director of Ferag UK, sets out how to protect margin and maximise re-sales using innovative returns processing. Adding to this, new data from returns specialists, ReBound, suggest that UK retail returns in 2022 were 26% higher than 2021, despite online retail purchases falling by 11.5%.

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GlobalTranz

MARCH 30, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. How to Implement New Warehouse Management Technology Successfully. Distribution centers need to know what is in stock, when it will be replenished, and how often it is being sold. Download white paper. Focus on visibility.

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