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How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. In this example, the shipping rate would be based on the DIM pricing weight of eight pounds.

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Industry Trend on the Rise for Supply Chain and Logistics: Automation

Shipchain

According to EFT’s Supply Chain Hot Trends to Watch for in 2019 , one of the most significant trends that we should be paying attention to this year is automation. Judging by the speed with which the industry embraces new technological trends, there will undoubtedly be some obstacles to overcome before it becomes prevalent.

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Demand Forecasting: How It Enhances Ecommerce Operations

Ship Monk

Demand forecasting is the process of estimating how many units of each product you’ll need to cover demand for a given sales period, without running out of stock or having to take excessive post-holiday markdowns. Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them.

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Responding to Supply Chain Disruption Amid COVID-19

AIMMS

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Study 2: Inspect Demand Trends . Using Demand Forecasting Navigator to Study Demand Trends. Demo in Network Design Navigator . Understand Exposure .

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How to Calculate Inventory Holding Cost or Carrying Cost

Ship Monk

Before you can calculate carrying cost, you’ll need to calculate the following numbers: Opportunity Cost: This is the amount of capital (cash) you have tied up in unsold inventory that could have been invested elsewhere (on more profitable products, for example). Identify trends and generate reports for more accurate forecasting.

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How to Improve Inventory Turnover with Inventory Optimization

EazyStock

How to Increase Inventory Turnover with Inventory Optimization. This post will explain how, but first, let’s deal with a few simple definitions. Most items in the growth stage will experience an upward demand trend. If you’d like to know more about EazyStock speak to our team on +1 (844) 416-5000 or request a demo.

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How to Manage Inventory in a Growing Business

EazyStock

In this post we’re exploring how to manage inventory effectively when you’re faced with a growing product portfolio. A build-up of excess inventory and obsolete stock as social trends and technologies quickly change and forecasting models fail to keep up. Increased stock levels to ensure stock availability.