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Shippers & Carriers – Carbon Neutral Shipping no longer a choice 

Locus

Read Also: Definitive Guide to Carbon Neutral Shipping The Need for Carbon Neutral Shipping The increasing demand for faster delivery places pressure on shippers and carriers to deliver promptly or risk losing their customer base. Many providers, like Locus, offer sophisticated routing tools powered by machine learning. (i)

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How to Calculate and Apply ABC Classification of Inventory

EazyStock

But first here’s a quick reminder of what ABC classification of inventory is: ABC Classification 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.

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6 Inventory Control Techniques for Stock Optimization

EazyStock

Firstly, let’s get a few definitions: What is inventory control? You can only optimize stock levels when you have informed inventory purchasing practices. Inventory optimization tools use advanced algorithms that are simply not available elsewhere to bring accuracy and speed to inventory management calculations. Schedule a Demo.

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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

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.

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The Golden Route: Perfecting Diwali Deliveries This Festive Season

Locus

That’s where sophisticated route planning tools come to the rescue. Read Also: THE DEFINITIVE GUIDE TO LOGISTICS ROUTE OPTIMIZATION Navigating the Festive Frenzy with Locus’ Customer Experience and Dispatch Management Platform As Diwali illuminates India, businesses encounter a whirlwind of demands.

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How to Calculate Inventory Holding Cost or Carrying Cost

Ship Monk

Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. A lot goes into calculating total inventory costs , but the main inputs are purchasing (or manufacturing) costs and setup costs. carrying costs, and needed to learn what those are. So what exactly is holding cost?

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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

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.