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Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

CH Robinson Logistics

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. Request a demo here or email info@mytmc.com.

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The fundamentals of demand planning and forecasting

EazyStock

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning? How can EazyStock help?

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The fundamentals of demand planning and forecasting

EazyStock

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning? Demand sensing.

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6 Inventory Control Techniques for Stock Optimization

EazyStock

Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Look out for such trends in your historical demand data and adjust your forecasts accordingly. Fine-tune your stock replenishment strategies. Many ERP and WMS systems will use one of these approaches. Supplier lead times.

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How AI and Logistics Tech Can Boost Van, Truck & DSD Sales in the Middle East

Locus

Despite all these strong digitalization trends, there is one intense, on-ground task that we have not covered: delivering consumer packaged goods (CPG) from manufacturing plants to the hundreds, if not thousands of retail stores and outlets. One way to increase your chances is to make use of past trends and habits. Schedule a demo.

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How to Improve Inventory Turnover with Inventory Optimization

EazyStock

Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle. Most items in the growth stage will experience an upward demand trend. Six Ways to Improve Inventory Turnover (with Inventory Optimization).

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How to Calculate Beginning Inventory and Why You Should Track It

Ship Monk

Tracking it from month to month and year to year helps with demand forecasting , preventing overstocks and stock outs, determining reorder points, identifying cyclical sales trends, and catching discrepancies due to error or shrinkage. management systems, and/or ERP systems—making inventory calculations and end-of-year reporting simple.