EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. What is stock optimization?

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Request a SONAR Demo.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

Logistics Viewpoints

OCTOBER 30, 2023

Scenarios are run, and the low-cost network that best meets customer service objectives is selected. For this project, Solvoyo consultants built a network design model and ran more than 120 scenarios to refine the customer service and inventory mix strategy. Data cleaning took much longer than running the scenarios.

Supply Chain Design 138

Supply Chain Design Cost Reduction Vendor Strategies Inventory Reduction 138

Locus

MAY 15, 2023

The direct-to-consumer (D2C) model has been gaining popularity among customers for some time now as manufacturers get a lot more room to provide customized brand experiences that bring a lot more delight to consumers, which in turn strengthen brand loyalty. The answer isn’t straightforward, as it depends on various factors.

Cost Reduction 52

Cost Reduction Procurement Solutions Strategy Supply Chain Planning Software 52

The Logistics of Logistics

NOVEMBER 18, 2022

Allen’s primary responsibilities include fortifying the long-term global sales strategy, hiring the required expertise across the team, driving aggressive revenue growth, and creating a culture of winning. Automotive Supply Chain Optimization. Optimize Courier case study. Environmental Monitoring for Perishables.

Supply Chain Software 195

Supply Chain Software Case Study Logistics Network Optimization Software Optimization Software 195

Talking Logistics

JUNE 4, 2018

Many of the world’s most successful food and beverage companies are turning to supply chain design to gain a complete end-to-end view of their supply chain networks to uncover inefficiencies and optimize for significant improvement in cost, service, and risk. Use Transportation Optimization to Get a Handle on Transportation Costs.

Inventory Reduction 61

Inventory Reduction Supply Chain Design Software Cost Reduction Price Reduction 61

Blue Grace Logistics

JUNE 23, 2023

Mark Derks, BlueGrace Chief Marketing Officer June 23, 2023 In the dynamic and ever-evolving logistics landscape, having access to accurate and timely data is essential. Updated quarterly, the LCI has become an important resource for shippers seeking to maximize data forecasting as part of a predictive and prescriptive analytics model.

Resource Reduction 90

Resource Reduction Inventory Reduction Logistics Network Optimization Software Cost Reduction 90

Logistics Viewpoints

JUNE 8, 2023

To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. However, advancements in technology have made it possible for any company to automate and optimize their last-mile delivery operations.

Modeling Software 122

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 122

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. What is supply chain optimization? .

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Stord

MAY 3, 2018

Amazon, Walmart, and other leading enterprises win by ensuring that their product is close to the customer, optimized for the best shipping time, and held in the correct quantity. To scale, an optimized distribution network is required to meet customer expectations and business growth targets.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Optimization Software 78

EazyStock

AUGUST 21, 2020

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfillment targets. There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

Logistics Viewpoints

AUGUST 16, 2022

As technology improved, the data and insights I collected from daily training optimized my performance. The more I analyzed and integrated this data into my training regimen, the better I began to understand how sensitive each individual aspect of my lifestyle was and how information delivered key indications of my fitness.

Optimal Sourcing 97

Optimal Sourcing Modeling Software Sourcing Strategies Optimization Modeling 97

EazyStock

FEBRUARY 1, 2021

trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. The focus shifted towards salary and personnel-based internal strategies, allowing them to stabilize in comparison. They demand results, and rightly so.

Optimal Sourcing 67

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 67

The Logistics of Logistics

JUNE 23, 2022

However, even as retailers scramble to meet e-commerce consumer demands, and providers lean into the latest trends to get those packages to front doors, there is plenty going on behind the scenes. She noted that the company works to ensure its franchisees have the right business model that will be profitable and meet the needs of shippers.

Collaboration 150

Collaboration Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 150

Blue Grace Logistics

SEPTEMBER 18, 2023

Logistics stakeholders are continuing to digitalize operations—and supply chains—through new technologies that meet customer expectations and keep up with global trade challenges. Today, digital transformation is not just a recommended business model, it’s the lynchpin that governs the survival of a company in the highly competitive market.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Supply Chains 62

AIMMS

OCTOBER 1, 2019

AIMMS has been in the market of prescriptive analytics (otherwise known as mathematical optimization) since 1989. Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. C loud-based platforms like ours have made the deployment of optimization models easier.

Optimal Sourcing 104

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 104

Locus

MAY 25, 2022

The above statement is spot on, largely because of its subtext: Customers spend their money elsewhere because they are not happy with how companies meet their expectations. Here are seven key strategies that they have used to make it happen. When e-commerce was in its infancy, people were more forgiving around meeting delivery times.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

Logistics Viewpoints

APRIL 24, 2023

The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. Coupa meets this definition. In its ideal form, these planning processes should help leaders align strategy, financial considerations, and supply chain strategy. Coupa solutions are also being used for S&OE.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. In sum, AI is a cornerstone of effective stock level optimization in supply chain management.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

7 min read In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

7 min read In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

EazyStock

JUNE 16, 2022

AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. ML models teach themselves over time by analyzing trends and spotting anomalies and then offering predictive insights. Using AI to improve demand forecasting.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Logistics at MPEPS at UPV

MAY 6, 2023

E-commerce giants like Amazon rely on expansive warehouses meticulously designed to meet the demands of online shopping as a service. Digital warehousing involves the procurement, management, secure storage, and exploitation of individuals’ personal data.

Warehousing 40

Warehousing Digital Optimal Sourcing Inventory Reduction 40

SYSPRO Smarter ERP

OCTOBER 20, 2021

Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. Digitization: from analogue information to digital data. The first step, therefore, is to get all your information – documents and data – into a digital format.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

SYSPRO Smarter ERP

JULY 26, 2022

In a world where the only constant is change, manufacturing and distribution businesses now need three essential ingredients (including specialist ISV solutions) to set sail on the right path: The reliability of a core ERP system that provides centralized and real-time data insights. As a result, decisions can be made in real-time.

Modeling Software 105

Modeling Software Optimization Software Vendor Strategies ERP 105

3PL Links

FEBRUARY 11, 2024

By using this approach, companies actively contribute to the development of a circular economy model, where resources are valued and prudently reused, in addition to meeting their environmental commitments. This maximizes productivity and makes it possible for data analysis to continuously enhance procedures.

Sourcing Strategies 48

Sourcing Strategies Waste Reduction Resource Reduction Expense Reduction 48

AIMMS

OCTOBER 1, 2019

AIMMS has been in the market of prescriptive analytics (otherwise known as mathematical optimization) since 1989. Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. C loud-based platforms like ours have made the deployment of optimization models easier.

Optimal Sourcing 83

Optimal Sourcing Optimization Software Supply Chain Planning Software Modeling Software 83

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Enabling Data-Driven Decision-Making . Carrier Vetting for OTR Freight .

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Determining the right stock levels to meet demand is vital for customer satisfaction. What is demand planning? Why is demand planning important?

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Working out the right stock levels to meet demand is vital for customer satisfaction. Gather internal and external data. What is demand planning?

Supply Chain Planning Software 52

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

Turvo

AUGUST 20, 2021

You must implement a logistics strategy to ensure that you can adapt to the supply chain’s flexibility. A logistics strategy allows you to identify how imminent changes impact the company so that you can make the necessary organizational or functional changes to ensure service levels are not reduced.”

Resource Reduction 52

Resource Reduction Cost Reduction Supply Chain Software Logistics Network Optimization Software 52

Conger

MARCH 22, 2024

As part of a broader automation strategy that includes IoT devices and smart system integration—AGVs help create truly interconnected facilities capable of unprecedented levels of productivity and adaptability. Exploring Different Types of AGVs Just as cars come in various models to suit different needs, so do automated guided vehicles.

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

Logistics at MPEPS at UPV

MAY 2, 2023

However, these smaller enterprises can leverage their agility and flexibility to adapt to new trends and technologies in supply chain management, such as adopting cloud-based solutions and implementing real-time data analytics (Prajogo & Olhager, 2022). Conversely, startups can benefit from the expertise and stability that SMEs provide.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

Conger

MARCH 22, 2024

As part of a broader automation strategy that includes IoT devices and smart system integration—AGVs help create truly interconnected facilities capable of unprecedented levels of productivity and adaptability. Exploring Different Types of AGVs Just as cars come in various models to suit different needs, so do automated guided vehicles.

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

Blue Grace Logistics

JULY 6, 2021

Logistics stakeholders are continuing to utilize digital transformation to meet customer expectations and keep up with global trade challenges. 5 steps to define and implement a proper strategy for digital transformation. What this blog is about: Using automation and digital disruption to transform supply chains.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Supply Chains 62