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Inventory Control: 6 Ways to Maximize Profitability & Minimize Costs

Cyzerg

Inventory control is a crucial element of success in the ever-evolving world of warehousing. With the right strategies and tools, businesses can master the art of inventory control. Effective inventory management can significantly impact a company's profitability and overall financial health.

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Why manufacturers should integrate business intelligence tools into their ERP software

SYSPRO Smarter ERP

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? After all, data is the foundation of digital transformation, and according to McKinsey the pandemic caused companies to accelerate their digital transformation plans by three to four years.

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Navigating the Depths of Data Analytics: Unveiling 4 Levels in a 3PL Warehouse

Camelot 3PL Software

The ability to extract meaningful insights from data is crucial. This is where data analytics and reporting come into play, offering a comprehensive understanding of operations and paving the way for strategic decision-making. The first level of data analytics in a 3PL warehouse involves understanding “What happened?”

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AI’s Transformative Role in Warehousing

Logistics Business Magazine

Everybody is talking about Artificial Intelligence but what are its potential applications for warehousing and supply chain? The ability to process immense amounts of ‘big data’ at lightning speed is impressive and extremely valuable, but it doesn’t of itself constitute Artificial Intelligence.

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Understanding Freightonomics with Anthony Smith

The Logistics of Logistics

FreightWaves’ SaaS product, SONAR, is the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. FreightWaves is made up of three interconnected pillars: FreightWaves’? Anthony on LinkedIn.

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Evans Distribution Systems Launches New Business Intelligence Tool: evans365

3PL Insights

May 03, 2021— Evans Distribution Systems, a leading provider of third-party logistics and supply chain solutions, launched a new business intelligence tool: evans365. The tool provides warehouse customers a holistic view of their account activity based on real-time data. “As Data is the new business currency.

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Smart Chains, Mixed Signals: Decoding AI’s Role in Supply Management

Talking Logistics

Modern supply chains today must be intelligent, data-driven, and employ every advanced digital tool and automation application under the sun. At least that’s what today’s business pundits evangelize.