AIMMS

APRIL 11, 2018

The first product of this partnership is TacticalOps, a Planning & Optimization solution for Food Manufacturers. I spoke with Luis Pinto, Partner at UniSoma, to understand the need for new planning and optimization solutions in the global food supply chain. I’ve seen the attitude towards optimization evolving yes.

Optimization Software 62

Optimization Software Optimization Modeling Supply Chain Planning Software Optimization 62

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk.

eCommerce 85

eCommerce Inventory Reduction Operations Modeling Software 85

AIMMS

MARCH 30, 2020

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. . There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Scenario Planning Supply Chain Design 62

EazyStock

JANUARY 4, 2021

However, having control over every inventory item often ends up being a time-consuming and frustrating endeavor for most inventory teams, as they rarely have the right tools in place to get the job done well. This is where an inventory optimization tool comes into play. Optimized Inventory Replenishment.

Inventory Reduction 52

Inventory Reduction ERP Inventory Optimization Software 52

FreightWaves SONAR

JULY 14, 2023

Words like “revolutionize” and “optimize” tend to get a lot of airtime across the logistics space. The high-frequency data housed in FreightWaves SONAR, for example, predicted the current freight recession months in advance. Click here to request a demo. Interested in learning more about SONAR?

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Freight Logistics Network Optimization Software 52

EazyStock

DECEMBER 13, 2020

Optimize Inventory. Having a transparent and detailed account of what inventory you are currently holding will help you optimize your inventory levels while allowing you to be responsive to market demand. For example, did you take out a loan through the Paycheck Protection Program ? Improve Demand Forecasting.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

RPA Labs

FEBRUARY 24, 2022

It’s important to consider this example when pursuing robot process automation workflow. These detailed reports become a tool to monitor chief financial areas such as profit and loss analytics. Other important reports provide alerts of business slowdowns to promote better optimization.

Supply Chain Software 76

Supply Chain Software Optimization Software Automation Logistics Network Optimization Software 76

EazyStock

MARCH 14, 2023

However, most businesses need more advanced and customized systems , such as a warehouse management system (WMS) or inventory optimization software. Inventory optimization software improves your inventory availability, increases efficiency and balances inventory levels with capital expense to ensure you can meet customer demand.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Trinity Logistics

AUGUST 31, 2022

Optimizing your logistics can make all the difference in your business’s bottom line. Get started with a demo of Trinity's TMS. For example, carriers who bid low on a request-for-proposal (RFP), proceed to decline tenders, or provide poor service can cost your company. TOP 5 LOGISTICS REPORTS YOU NEED.

Cost Reduction 79

Cost Reduction Negotiating Skills Expense Reduction Logistics Network Optimization Software 79

RPA Labs

NOVEMBER 30, 2021

Monitoring throughput with automation continues as a prime example of a good RPA logistics use case that directly impacts and improves network productivity. ?Managing RPA logistics use cases can also include using transportation management systems (TMS) and automated tools. Managing Shipment Status Inquiries.

Supply Chain Software 85

Supply Chain Software Logistics Network Optimization Software Optimization Software Inventory Reduction 85

FreightWaves SONAR

MARCH 16, 2021

And a new suite of products, ranging from artificial intelligence through visualization tools to see lane acuity, are changing the game. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. Request a SONAR SCI Demo.

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

EazyStock

MAY 20, 2022

We’ll also look at some current and emerging technologies, and how they can enhance your inventory planning and optimization strategies. Combining big data, advanced analytics, and real-time insights with a modern ERP system can help you optimize your supply chain and improve its resilience. Warehouse management systems (WMS).

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

Locus

JANUARY 2, 2023

We will use the same example. And this requires you to invest in route optimization software for effectively planning tasks. Optimal utilization of workforce. If optimal utilization of the workforce is your primary goal, then forward scheduling is the best option. Flexible delivery time. Lower inventory costs.

Material Savings 52

Material Savings Inventory Reduction Resource Reduction Optimization Software 52

EazyStock

JULY 13, 2020

In this four-part blog series we look at the impact COVID-19 has had on supply chains and how inventory optimization software can help. In this post we focus on inventory planning and how to optimize stock levels despite erratic customer behavior and supply restrictions. Identifying and Managing Critical Stock During COVID-19.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

EazyStock

JUNE 21, 2022

For example, management might have been cautious about adopting cloud-based supply chain solutions due to security concerns over data breaches and loss of irreplaceable data. As supply chains become more complex and globalized, companies must invest in the right tools to manage their operations effectively.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

FreightWaves SONAR

MARCH 2, 2021

With more agility and transparency, based on accurate data-driven choices, implementing essential visibility tools empowers shippers with practical foresight into predicting rate changes in real-time. Although these methods are foundational, they don’t provide the agility of real-time updates that supply chain visibility tools can accomplish.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

FreightWaves SONAR

MARCH 15, 2021

This lane-level intelligence provides insight into specific markets, origin/destination stability and contracted rates to inform both short-term and long-term (annual) trucking RFPs , freight network optimization decisions and more. Tools for day to day tactical management of freight. Request a SONAR Demo.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

EazyStock

MARCH 9, 2021

See an example of ABC analysis in action here. For example, you may want to focus on improving the service levels of your A class products, over your Bs and Cs by increasing your safety stock levels. For example, some products will have a regular demand, while others will have intermittent demand. Focus on your category A items.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

EazyStock

FEBRUARY 7, 2020

Reducing stock levels to carry more lines (without accurate forecasting and inventory optimization tools) can lead to stockouts and expensive backorders or rush orders from suppliers. Many are turning to inventory optimization practices to balance their stock levels. Optimizing Inventory Levels as SKUs Grow.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

FreightWaves SONAR

MARCH 4, 2021

Consider the value of system visibility and resource use made by Supply & Demand Chain Executive, “It’s an intelligence tool. Request a FreightWaves SONAR demo to get started, or click the button below. That’s what SONAR offers.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

EazyStock

OCTOBER 31, 2022

When purchasing such software, it’s essential to consider how well the tool can handle stock items with different demand profiles, the provider’s reputation, reporting capabilities, and the transparency and reliability of its forecasts. For example, market growth potential and the percentage gain of market share over a set period.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

When purchasing such software, it’s essential to consider how well the tool can handle stock items with different demand profiles, the provider’s reputation, reporting capabilities, and the transparency and reliability of its forecasts. For example, market growth potential and the percentage gain of market share over a set period.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

Ship Monk

JUNE 8, 2022

Once you have the figures for setup costs, holding costs and demand rate, you can plug those numbers into the formula above to arrive at the optimal order size for minimizing inventory costs for a particular item, such as a baby blanket. Obviously, this is an extremely simplified example. Let’s See How EOQ Works in Action.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 52

WorkWave

MARCH 22, 2023

Whether it’s pizza, Chinese takeout, or a gourmet meal from a five-star restaurant – keeping that deliciousness at its optimal temperature can be tricky. This helps ensure that your customers receive their meals at the optimal temperature every time you deliver them.

Optimization Software 52

Optimization Software How To Temperature Packing 52

Blue Grace Logistics

JUNE 21, 2018

Transportation Management Workflow may be defined as a supply chain workflow that connects and links the various parties involved along the chain from, for example, the seller’s warehouse to the buyer’s warehouse. These analyses can help you optimize your supply chain process and also provide overall cost reduction.

Cost Reduction 50

Cost Reduction Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 50

Ship Monk

JULY 27, 2022

Demand forecasting helps you: Optimize inventory Align with your operational strategy Analyze demographic and product trends Surprise and delight customers Protect yourself against financial risks Prepare for peak season. Now, let’s go over the basics of setting up a demand forecasting plan that optimizes your business growth.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

EazyStock

MAY 11, 2021

We’re going to use Frank’s Fasteners business as the example: 1. For example, it makes sense to treat AX items (that are valuable and have a constant demand) differently than AZ items (with erratic demand). Use an inventory optimization tool to automate the process. What’s the solution?

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

Transporeon

MARCH 22, 2018

Suppliers can use this new flexibility to integrate effects from enhanced capacity utilization or to optimize the routes of certain allocation scenarios in a price calculation. The more options you give to your service providers for optimization, the more you will profit from their efficiency increases!

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48

Ship Monk

SEPTEMBER 19, 2022

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). How Can ShipMonk’s 3PL Software Help? Time to reevaluate with ShipMonk.

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

EazyStock

DECEMBER 13, 2021

For example, when there is only a day, a week or a month’s worth of stock left, based on the item’s average sales. An inventory optimization tool , such as EazyStock, connects to your existing stock management system and will automate the risk of stockout calculations for you.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

RPA Labs

SEPTEMBER 23, 2021

In addition to the optimization of workflow to gain more speed in business, automation is ramped up to reduce operational costs, collaboration is enhanced, logistics service providers can more confidently provide real-time visibility, and pivot from reactive to proactive management by exception to prevent excessive costs.

Supply Chain Software 52

Supply Chain Software Supply Chains Cost Reduction Resource Reduction 52

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Benefits of supply chain optimization. Optimization tools.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Benefits of supply chain optimization. Optimization tools.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

EazyStock

JUNE 18, 2019

ABC Classification Calculation Example. We’re going to use Frank’s Fasteners business as the example: 1. For example, it makes sense to treat AX items (that are valuable and have a constant demand) differently than AZ items (with erratic demand). Use an inventory optimization tool to automate the process.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

GlobalTranz

JULY 20, 2015

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. Schedule a demo today ! And the nerve center of any such operation is the warehouse.

Reverse logistics 105

Reverse logistics Supply Chain Planning Software Optimization Software Modeling Software 105

EazyStock

JUNE 18, 2019

ABC Classification Calculation Example. We’re going to use Frank’s Fasteners business as the example: 1. For example, it makes sense to treat AX items (that are valuable and have a constant demand) differently than AZ items (with erratic demand). Use an inventory optimization tool to automate the process.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

Logistics Business Magazine

JUNE 2, 2022

As soon as the position of every manually guided vehicle is known at all times, numerous new potentials arise: Important KPIs such as fleet utilization can be recorded, heat maps can be created and layouts can be optimized. For example, they can be slowed down when a forklift comes close, avoiding an emergency stop at an intersection.

Supply Chain Planning Software 60

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 60