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. Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Supplier lead times.

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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.

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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. Seasonality, trends, promotions and new products.

Inventory Reduction 52

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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.

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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

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EazyStock

NOVEMBER 17, 2022

It is also important to consider qualitative data. The promotions also depend on external conditions, such as seasonal demand, market trends, economic conditions, and other trends that can cause unpredictable fluctuations in demand. One of the most important tips for Black Friday and Cyber Monday is to start planning in time!

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EazyStock

NOVEMBER 17, 2022

It is also important to consider qualitative data. The promotions also depend on external conditions, such as seasonal demand, market trends, economic conditions, and other trends that can cause unpredictable fluctuations in demand. How inventory optimization can help you meet Black Friday demand.

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EazyStock

NOVEMBER 17, 2022

It is also important to consider qualitative data. The promotions also depend on external conditions, such as seasonal demand, market trends, economic conditions, and other trends that can cause unpredictable fluctuations in demand. How inventory optimization can help you meet Black Friday demand.

Supply Chain Planning Software 52

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EazyStock

NOVEMBER 18, 2019

Companies that have not accurately forecasted a decline in demand or effectively reduced their stock replenishment policies often times are left with large quantities of obsolete stock in their warehouses. In this stage of the product life cycle, there is no market demand for the product. Obsolete stock then becomes a thing of the past.

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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

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247 Customs Broker

NOVEMBER 15, 2018

Each is in motion, defying static representation and quickly making data in enterprise systems stale and useless. These networks generate oceans of constantly shifting data. He is data-hungry and insight-rich. Replenishment ?. He fixes them by modifying or creating transactions as necessary. Neo optimizes. Sourcing ?.

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GlobalTranz

DECEMBER 22, 2020

The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. However, some market trends that became significant factors in 2020 will likely continue. That trend also plays into an extended peak shipping season and ongoing tightened capacity in all modes.

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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.

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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. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

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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. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

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Blue Grace Logistics

JANUARY 13, 2022

What’s in this article: What are the top trends I will need to watch in 2022? Here are some headlines and trends to watch as the supply chain breakdown 2022 unfolds. While supply chains have come a long way in meeting the consumer demands of ecommerce, the delivery of large or bulky good items have experienced challenges.

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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. Efficient replenishment strategies : Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

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Logistics Business Magazine

JUNE 3, 2021

The assisted picking robots are mostly used in e-commerce or consumer warehouses to help with picking and inventory replenishment, thereby increasing efficiency and accelerating delivery processes. “It These trends speeded up the introduction of new technologies and automation in various industries, but especially in warehousing.

Collaboration 41

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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.

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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.

How To 36

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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

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GlobalTranz

FEBRUARY 5, 2018

From the increased demand to data-driven decision-making through the industrial Internet of things (IIoT) to the use of cloud-based technologies, supply chain technology will advance light years in the coming months. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

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Locus

MAY 10, 2023

Meet Sarah , a hardworking professional who returns home after a long day at work to an empty fridge. Sarah effortlessly replenishes her groceries thanks to the on-demand delivery app , saving time and energy. This is because these services are tailored to meet the immediate needs of local communities. But fear not!

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Logistics Business Magazine

AUGUST 11, 2020

Forecasting and replenishment formulas that use historic consumption or average stock days are only effective when demand and lead times remain static and the only way for the user to consider any variance is to continually update their calculations. With an inventory optimisation tool, such alerts can be set-up to happen automatically.

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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.

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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. By planning their orders upfront, they can help guarantee deliveries to meet customer demand. Are you sure the change in demand is a seasonal variance and not just a trend upwards/downwards over time?

How To 52

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GlobalTranz

APRIL 6, 2018

To meet rising demand, supply chain executives must begin considering new ways to increase the capacity of their existing facilities. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Why Do Companies Fear Distribution Center Robots and Their Implementation? Download white paper.

Distribution 71

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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. This allows you to focus on the products that have the most value for your business to ensure you continue to meet customer demand for those products.

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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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Logistics Business Magazine

APRIL 23, 2021

And with that, everything moved online, from seniors buying their groceries with a mobile app to kids attending virtual school through to the continual scheduling of Zoom meetings. How could companies meet demands while keeping their employees safe and maintaining their bottom line? The demand on ecommerce was staggering.

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SYSPRO Smarter ERP

NOVEMBER 3, 2021

Therefore, it is important to measure how well these suppliers meet the expected high level of quality. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time. Manufacturing KPIs. It is best captured in an ERP system and analyzed digitally.

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Logistics Viewpoints

DECEMBER 14, 2021

Q-commerce companies need to make sure the inventory levels are managed at each fulfillment center (darkstore, or MFC) in a way to maximize availability and minimize waste and also constantly adjusted to meet the local demand, which can vary due to customer demographics, local events and promotions, and the competitive offerings.

Supply Chain Planning Software 115

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Logistics Business Magazine

NOVEMBER 23, 2023

Real-time data, including inventory, enables structural visibility in logistics, which leads to better resource allocation, reduced downtime and improved customer service. Dexory’s robot (pictured) automated inventory management, providing instant, continuous data. She describes the machine as an ‘autonomous data capture unit’.

Data 58

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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

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Shipchain

JUNE 17, 2019

Blockchain became popular through Bitcoin for its ability to protect data, but its applications go far beyond cryptocurrency. Farm-to-table and foraged foods trends are forcing food supply chains to evolve. It is essential to understand that blockchain alone does not guarantee data accuracy.

Supply Chain Design Software 48

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GlobalTranz

DECEMBER 29, 2020

As COVID-19 continues to reshape the supply chain, we're looking ahead to the emerging trends in warehousing you need to be aware of to ensure your organization thrives in 2021. Five Emerging Trends In Warehousing To Prepare For In 2021. Five Emerging Trends In Warehousing To Prepare For In 2021. But the game has changed.

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EazyStock

JANUARY 31, 2022

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. Order pick, pack and dispatch accuracy.

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