EazyStock

NOVEMBER 19, 2021

But if you don’t carry enough, you face stock-outs and reduced service levels. By definition, a ‘one size fits all’ approach to calculating safety stock will deliver the right amount of inventory for some items, but too much or too little for others. This leads to a stock-out in week four and a number of expensive back orders.

How To 52

How To Inventory Reduction Inventory Optimization Modeling 52

Locus

DECEMBER 15, 2022

If you’re getting continuous WISMO (Where Is My Order) calls in this manner, it is definitely bad news. To solve the delivery exceptions or reduce it, it is necessary to know the reasons. Also, every additional time your vehicle is run to deliver the same order gets added to the expenses. Schedule a Demo. Source: [link].

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Procurement Analytics 52

Locus

JANUARY 8, 2024

In the tightly knit fabric of retail, a clear view of the supply chain’s inner workings is a definitive edge for business. Here are five innovative strategies to transform this insight into higher profits. Clarity in supply chain operations distinguishes the leaders in retail.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Logistics Network Optimization Software 52

EazyStock

JUNE 18, 2019

But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition. If you find that you’re treating all items the same (in terms of the stock you hold and the purchases you make regardless of their category) then you probably have inefficient and needlessly expensive inventory policies.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

Locus

MARCH 4, 2024

With the ability to streamline processes, cut costs, and leverage advanced technologies, TMS solutions are critical for maintaining a competitive edge. By integrating TMS into their operations, retailers can not only improve efficiency but also drive innovation and make data-informed decisions that enhance their overall supply chain strategy.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Cost Reduction Expense Reduction 52

EazyStock

JUNE 18, 2019

But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition. If you find that you’re treating all items the same (in terms of the stock you hold and the purchases you make regardless of their category) then you probably have inefficient and needlessly expensive inventory policies.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

Locus

MARCH 30, 2023

A few bottlenecks and inefficiencies can make it more expensive and reduce profit margins. This helps you know if your first attempted deliveries are on time and reduce the likelihood of reattempted deliveries. The answer is a definite “Yes”. Final-mile delivery contributes to 53% of the total cost of shipping.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chain Design Software 52

Transporeon

MARCH 22, 2018

In doing so, the service providers are left with the definition of the threshold values as well as the amount of the discount. This eliminates the need to price in a hedge against low allotments. By referring to the actual order volume, the prices quoted can be calculated more realistically and accurately. #

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48

Locus

JULY 12, 2023

Even a 30% – 35% cost that last-mile delivery contributes to total shipping cost makes managing it highly expensive. Cut down miles traveled In a recent survey of 2048 US employees, 37% mentioned that being overworked was the most common cause of work-related stress. But there is a question that arises.

Supply Chain Planning Software 52

Supply Chain Planning Software Cost Reduction Optimization Software Expense Reduction 52