Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. ML algorithms help uncover insights within vast data landscapes.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 115

SYSPRO Smarter ERP

APRIL 26, 2023

An ERP system brings financial, manufacturing, and business data into one central place so staff and management can have a complete view of how different business areas are working in real-time. Data from the system can then be used to track how corrective actions are making improvements.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

EazyStock

JUNE 24, 2020

It also offers improved efficiencies and powerful data insights, providing a wealth of functionality to help during these difficult times. The era of using spreadsheets to run reports and analyze data is over. A good forecasting tool will identify demand trends at SKU level and adjust forecasts accordingly.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

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

CH Robinson Logistics

DECEMBER 15, 2021

However, with this year’s volatility, I was also given a front-row seat to a new level of hyper collaboration – including individuals going out of their way to help each other, more strategy sessions between shippers and forwarders, and continually leaning into historical data and current market insights to find smarter solutions.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

FreightWaves SONAR

FEBRUARY 23, 2021

As experienced personnel retires, not enough hands come in to replace them to meet current levels of demand. This presents a huge challenge for enterprise shippers who have not embraced modern technology and freight tools. However, it has no immunity to rising costs and fees, changes in taxes, mobile data expenses, and penalties.

Maritime 84

Maritime Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 84

EazyStock

OCTOBER 20, 2020

Inventory control is a key function of supply chain management that maintains appropriate quantities of stock to meet customer demand. 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. Supplier lead times.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis. This can make the application of ABCD Analysis less effective.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis. This can make the application of ABCD Analysis less effective.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis. This can make the application of ABCD Analysis less effective.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

SYSPRO Smarter ERP

MAY 10, 2022

Demand forecasting : Data on sales history should be available to produce forecasts. By using business analytics tools in the forecasting process, the quality of forecasts can be assessed and trends analyzed. For example, production jobs for different sales orders can be combined to take advantage of commonly used parts and assemblies.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

SYSPRO Smarter ERP

DECEMBER 13, 2021

The Supply-Chain Operations Reference model (SCOR), a process reference model for supply chain management , provides six high-level processes that a company must execute in order to meet the primary objective of fulfilling customer orders. Data-driven inventory management. Plan, Source, Make, Deliver, Return, Enable.

Inventory Reduction 122

Inventory Reduction Inventory Sourcing Strategies Supply Chain Planning Software 122

EazyStock

NOVEMBER 17, 2022

It is also important to consider qualitative data. Ensuring you have the right amount of the right product at the right time to meet demand and delivery times requires a complete and continuous overview of your inventory. Building that communication with suppliers requires reliable data, regular communication, and transparency.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

It is also important to consider qualitative data. Ensuring you have the right amount of the right product at the right time to meet demand and delivery times requires a complete and continuous overview of your inventory. Building that communication with suppliers requires reliable data, regular communication, and transparency.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

It is also important to consider qualitative data. Ensuring you have the right amount of the right product at the right time to meet demand and delivery times requires a complete and continuous overview of your inventory. Building that communication with suppliers requires reliable data, regular communication, and transparency.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Procurement Solutions Purchasing Skills 52

Logistics Business Magazine

AUGUST 11, 2020

Many inventory planners are still reliant on basic stock management tools to carry out their challenging roles. Whilst probabilistic formulas are not easy to utilise manually, there are a number of inventory optimisation tools available that simply plug into ERP systems.

Inventory Reduction 67

Inventory Reduction Inventory Procurement Solutions Supply Chain Software 67

Logistics Viewpoints

JANUARY 23, 2024

This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supply chain data. The single data cloud runs on Snowflake, one of Blue Yonder’s partners.

Supply Chain Planning Software 125

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 125

EazyStock

FEBRUARY 1, 2021

Simply reacting to market change is not enough, because you may have insufficient stock to meet a surge in demand or even miss out on a trend altogether. In each case the future demand forecasting, replenishment and safety stock calculations need to be treated differently. Accurate eCommerce inventory replenishment. Here’s why….

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

EazyStock

MARCH 22, 2022

Fluctuating demand and supply volatility have made accurate demand forecasting even more challenging for two reasons: Using last year’s sales data as a base for forecasts is a ‘no go’, as demand fluctuations due to the pandemic skew the data. Use appropriate historical data. Use qualitative data.

Supply Chain Planning Software 52

Supply Chain Planning Software How To Supply Chain Design Software Supply Chain Software 52

EazyStock

SEPTEMBER 25, 2018

To stay ahead, tech-smart operations, savvy professionals are using logistics and supply chain mobile applications as must-have tools for operational excellence. These apps help companies achieve every business process from tracking inventory and shipments to booking meetings with clients to tracking tasks and projects.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 78

EazyStock

OCTOBER 24, 2018

A cloud-based inventory optimization solution like EazyStock integrates directly with your existing ERP to automatically feed data back and forth. Optimized replenishment. One of the key areas is in replenishment. With this data, EazyStock then calculates the optimal replenishment parameters.

ERP 53

ERP Inventory Reduction Inventory Supply Chain Software 53

Logistics Viewpoints

APRIL 7, 2021

You need to know how to put the right logistics in place and deliver the right product at the right time and meet the SLA the customer has set. Supply chain planning technology is one of the main tools needed for TireHub’s digital transformation. However, the company has also invested in other necessary technology tools as well.

Supply Chain Planning Software 86

Supply Chain Planning Software ToolsGroup Digital Supply Chain Software 86

EazyStock

JUNE 10, 2022

The mobile WMS app scans barcodes to collect data via handheld devices and sends it straight to your ERP. One especially tricky task is ordering the right stock levels to ensure you can meet demand – without over-stocking. Inventory optimization. Inventory management has many facets. Logistics tracking.

Optimal Sourcing 52

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

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. Smaller, more frequent ordering gives you more flexibility to meet changes in customer demand while preventing a build-up of stock and keeping carrying costs under control.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

GoShip Blog

APRIL 14, 2022

However, as human society evolves, our needs change, and it becomes ineluctable that the transportation industry adapts to meet these new needs. Providing adequate solutions to these problems will ensure that our transportation system is well-adjusted to meet current needs and flexible enough to accommodate future changes.

Transportation 40

Transportation Price Reduction Cost Reduction Sourcing Strategies 40

Logistics Bureau

NOVEMBER 16, 2020

The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Look out for industry-type events in your area, as these provide an opportunity for you to meet lots of people. Data Managers. This is expected to widen to 9 to 1 in the years ahead.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Viewpoints

APRIL 29, 2021

Any company shipping physical products today – whether to consumers or to other businesses – needs to meet higher service expectations, including faster order turnaround in the DC. Supply chain and distribution leaders are already adopting new approaches to DC operations and technology to meet the challenges.

Optimal Sourcing 90

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 90

Logistics Business Magazine

OCTOBER 11, 2019

This has led to Vax increasing its item picking areas and introducing pick face packing, whereby operatives pick from ground level at a fast rate, ensuring high success rates for forecasted replenishment. expect the delivery to be clean, efficient and trouble-free.

eCommerce 28

eCommerce Logistics Network Optimization Software Replenishment Picking 28

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.”

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

EazyStock

JANUARY 21, 2021

Dynamics Business Central has primarily been developed for the cloud and, as a SaaS product, businesses can choose to pay per user and month, making it very scalable to meet changing needs. EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment.

Inventory 52

Inventory Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

EazyStock

OCTOBER 23, 2020

By planning their orders upfront, they can help guarantee deliveries to meet customer demand. With accurate demand forecasts that account for seasonality, you can optimize stock levels and make informed decisions on safety stock levels and replenishment rules. Inventory optimization.

How To 52

How To Optimization Software Inventory Optimization 52

Logistics Bureau

JANUARY 18, 2021

One-way flow is a really good principle to apply during the design process because it allows you to plan your picking path through the warehouse as well as your replenishment paths. Inventory control is about having the right amount of stock to meet customer demand. 8) Know Your Data. 4) Inventory Control. 5) Efficient Labour.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Operations Supply Chain Planning Software 118

EazyStock

JANUARY 31, 2022

Demand forecasts can be set by sales teams based on qualitative data or historical sales figures. An inventory optimization ERP plug-in will not only dynamically forecast your demand, but also provide data on the accuracy of your forecasts and adapt them for future. Backorder rate. Rate of return.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Logistics Viewpoints

MARCH 4, 2021

Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats. Planners spend their precious time collecting and synthesizing the data to drive insights.

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 156

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. What is ERP inventory management?

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

EazyStock

SEPTEMBER 23, 2020

Manage supplier lead times – By giving suppliers a forecast of your annual inventory needs, they can plan to meet your delivery deadlines. Once you have your forecast error calculations, you need to ensure you act on the data. What is Forecast Error? The Role of Improving Forecasting Accuracy.

Supply Chain Planning Software 40

Supply Chain Planning Software Optimization Software Scenario Planning Procurement Solutions 40

247 Customs Broker

APRIL 6, 2018

Sure, every facility has plans, like min/max levels for SKUs, replenishment schedules and maybe even some local labor planning to assess if a distribution center can meet a peak season rush. Ideally, analytics for IBP should use the same data and planning models as software used for other horizons.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 28