Ship Monk

NOVEMBER 30, 2023

They’re called metrics, a set of constantly changing numbers and percentages that tell you how you’re doing from one day to the next. There are dozens of metrics you could track, but some are so important you should check them frequently. These are the metrics you want on your dashboard. What is a Metric? What is a KPI?

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. However, it is now common in everyday life.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Ship Monk

SEPTEMBER 19, 2022

Besides, today’s inventory management systems make tracking inventory costs much simpler. When combined with the reporting capabilities of a tech-forward fulfillment provider , the numbers you need are easily accessible. If carrying costs are 20 – 30% of your total inventory costs, what makes up the other 70 – 80%?

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

FreightWaves SONAR

JANUARY 5, 2021

While descriptive analytics can help carriers understand what happened, knowing when to refuse loads or charge a higher cost can be difficult. Quite simply, it costs money to ship freight and the amount can vary significantly by region, zone, mode and more. Debt and interest payments are not included in these costs.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. Demand sensing You should also research general industry information about industry trends, market conditions, and economic changes. Losing multiple customers will significantly impact revenue.

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. You should also research general industry information about industry trends, market conditions, and economic changes. Losing multiple customers will significantly impact revenue. Demand sensing.

Supply Chain Planning Software 52

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