RPA Labs

NOVEMBER 30, 2021

For local and global supply chains, RPA offers an additional benefit: helping businesses improve productivity 5-10 times faster with nearly 40% fewer resources required. Knowing tendering rates can help managers improve productivity and can also highlight areas of potential delays and disruptions. ?Reduced billion in 2019.

Supply Chain Software 85

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

AIMMS

MARCH 30, 2020

Online g rocers , on the other hand, are struggling to fulfill orders as demand for food and other essential products surges. 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. . Demo in Network Design Navigator .

Supply Chain Design Software 62

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

AIMMS

APRIL 11, 2018

The first product of this partnership is TacticalOps, a Planning & Optimization solution for Food Manufacturers. For example, a large beef producer we visited did not centralize production planning, but let its different plants plan on their own. This is just an example of the challenges presented by the globalized market.

Optimization Software 97

Optimization Software Optimization Modeling Supply Chain Planning Software Optimization 97

Logistics Business Magazine

MARCH 30, 2022

This is the first step towards the development of tools with strong ethical and commercial value, which can be an added value for customers in the logistics and packaging sector. However, the company wanted to go a step further and look for tools able to provide objective data and values.

Packaging 62

Packaging Supply Chain Software Material Savings Logistics Network Optimization Software 62

RPA Labs

JANUARY 27, 2022

Today, companies can use all sorts of technological tools to create more data-driven processing that puts time back in the pockets of freight moving America. . For example, it’s possible to pull dates, prices and other data from scanned invoices to be easily copied and pasted into a system with an OCR.

Automation 74

Automation Logistics Network Optimization Software Document Data 74

Conger

JULY 22, 2021

eCommerce involves buying and selling products and services over the web. Or, in the case of non-physical products, the order is fulfilled immediately. For example, these systems can handle tasks ranging from: Receiving goods. An eCommerce platform handles the selling and marketing of products and services. Scalability.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software eCommerce Logistics Network Optimization Software 52

EazyStock

MARCH 9, 2021

ABC inventory analysis is important as it helps managers focus their time on their most valuable/important products and adapt their inventory control policies accordingly. One way to differentiate products based on their value is to segment them into categories (A, B, and C). See an example of ABC analysis in action here.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

FreightWaves SONAR

MARCH 15, 2021

In this edition of “SONAR Indices & Insights,” readers will learn about Lane Acuity Plus, the newest product app in the ongoing development of the SONAR SCI (SCI is an acronym for “supply chain intelligence”) suite of products. . 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

DECEMBER 13, 2020

While some businesses and entire industries like hospitality and travel have been shutting down, others like consumer staples, technology and safety products/PPE are thriving like never before. 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

WorkWave

DECEMBER 5, 2022

You won’t need to personally direct and invest in research and development campaigns for new products, marketing approaches or sales tactics. Whether the franchise is regional or national, franchise branches need access to tools that enable them to thrive in their local markets. Schedule your demo with Service by WorkWave today. .

Buyer Training 52

Buyer Training Waste Reduction Maintainability Eliminating Excel in Purchasing 52

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

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 will also need to know stock-out rates, inventory value and turnover , lead times, and production times. This is essential for selecting the overall product mix to maximize market share.

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 will also need to know stock-out rates, inventory value and turnover , lead times, and production times. Product portfolio management. Gather internal and external data.

Supply Chain Planning Software 52

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

Ship Monk

NOVEMBER 30, 2023

Fortunately, most metrics are tracked automatically, using tools and software systems you may already have. For example, Shopify’s Analytics dashboard tracks important sales metrics and will calculate the percentage of change from one timeframe to the next. What is a KPI? A KPI (Key Performance Indicator) is a metric.

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

RPA Labs

JANUARY 20, 2022

This addition to modern supply chain systems enhances productivity and profitability through automated processes associated with RPA, API, EDI, and other vital supply chain metrics and platforms. Examples of RPA at Work Within the Modern Day Supply Chain. Contact RPA Labs today for a free demo of the innovative system to get started.

Supply Chain Software 74

Supply Chain Software Modeling Software Logistics Network Optimization Software Supply Chains 74

EazyStock

OCTOBER 20, 2020

The objective of stock optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible. Therefore it’s important to invest money in products that will sell so you can optimize inventory turnover and warehouse space. Know your star products!

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

EazyStock

APRIL 28, 2022

You could automate the following: customer relationship management, demand management, order fulfillment, manufacturing flow management, procurement, product development, commercialization and returns. This could involve redesigning products to last longer, be reusable, repairable or recyclable. Optimization tools.

Optimal Sourcing 52

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

EazyStock

APRIL 28, 2022

You could automate the following: customer relationship management, demand management, order fulfillment, manufacturing flow management, procurement, product development, commercialization and returns. This could involve redesigning products to last longer, be reusable, repairable or recyclable. Optimization tools.

Optimal Sourcing 52

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

Ship Monk

JUNE 8, 2022

Depending on your product, you may or may not have depreciation costs, but you will likely have some write-offs for damaged or lost inventory and slow moving items. Obviously, this is an extremely simplified example. For example, if 80% of your business is in November, you may want to calculate EOQ quarterly.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 52

Locus

JANUARY 2, 2023

Your customer places an order for an item with a delivery date that is seven days away and the lead time for production is four days. As soon as you receive the manufacturing order, you start the production process and have it ready three days before it is due. We will use the same example. What is backward scheduling?

Material Savings 52

Material Savings Inventory Reduction Resource Reduction Optimization Software 52

FreightWaves SONAR

MARCH 24, 2021

As your revenue begins to grow, you start to notice that product is cyclical. You see examples of this strategy in large brokerages today. Examples of portfolio diversity in the freight business. When those markets produce less, you bring in less revenue, and when those markets do well, you do well.

Freight 72

Freight Price Reduction Cost Reduction Inventory Reduction 72

EazyStock

MARCH 17, 2021

Demand can also surge unpredictably – one recent example is the sudden increase in demand for personal protective equipment (PPE) with the spread of COVID-19. Again, some are anticipated – like the end of a “season” for a product that is subject to seasonal demand – and, again, these require planning to navigate.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

EazyStock

MARCH 1, 2023

MOQs can be for single items or a range of items. Suppliers might need to set up a production run that will produce a certain quantity, so they don’t want to have waste or costly extra stock that they can’t sell. MOQs vary depending on product, supplier and industry, but they are common in manufacturing and wholesale businesses.

Ordering 52

Ordering Purchasing Skills Inventory Reduction Procurement Solutions 52

RPA Labs

NOVEMBER 18, 2021

Tasks such as demand prediction, inventory allocation, stock replenishment and even mark-down calculations and assortment and financial plan seeding are easily completed with ML/AI-powered tools. Automated systems, push notifications, chatbots, and other examples of RPA in freight forwarding improve freight forwarding customer service.

Freight forwarding 52

Freight forwarding Supply Chain Planning Software Supply Chain Software Inventory Reduction 52

Trinity Logistics

AUGUST 31, 2022

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. Note: Most transportation management software products have the ability to run the five reports listed above.

Cost Reduction 79

Cost Reduction Negotiating Skills Expense Reduction Logistics Network Optimization Software 79

FourKites

DECEMBER 8, 2020

We leverage these panel discussions to validate product ideas and guide our product roadmap, create champions and buy-in for our brand, and gather intelligence about the state of the industry. It may seem counterintuitive, but sometimes taking that short break is what’s really needed to jumpstart a new level of productivity.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Design Collaboration 52

EazyStock

MAY 11, 2021

ABC classification (or ABC analysis) is used by inventory management teams to help identify the most important products in their portfolio and ensure they prioritize managing them above those less valuable. Category B: will generally be slightly larger in terms of volumes of SKUs and will usually be made up of products of less value.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

EazyStock

MAY 20, 2022

For example, collaborative robots can work with warehouse operatives to move stock items around the warehouse once the picker places the items in the robot’s container. They feed production lines or move finished goods from production to the warehouse.?Forklifts Collaborative mobile robots. Pallet movers.

Supply Chain Software 52

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

EazyStock

JUNE 23, 2021

A bill of materials is usually associated with production planning in manufacturing, and is typically used in manufacturing software such as materials resource planning systems (MRPs). This prevents delays to production, servicing and sales fulfillment. Forecasting for Bill of Materials Inventory. Automated BOM Inventory Management.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Inventory Reduction Inventory 52

EazyStock

APRIL 13, 2022

These suit industries where products are either low cost or high revenue – or both. For example, having more accurate demand forecasting, warehouse automation, diversifying your supplier network or bringing new technologies on board to give you real-time data. Examples of supporting software include: Warehouse management systems.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Ship Monk

JULY 27, 2022

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. Put simply, demand forecasting uses a variety of data to foresee customer demand and inform major business decisions, from launching new products to finding the perfect 3PL partner. What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

EazyStock

FEBRUARY 7, 2020

Inventory Management, Business Growth & Expanding Product Portfolios. Expanding product portfolios due to business growth and as customers demand more choice. In this post we’re exploring how to manage inventory effectively when you’re faced with a growing product portfolio.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

Talking Logistics

MAY 4, 2018

I heard this trivia question on the radio this morning when I drove my son to school: This product was invented in Pittsburgh, PA fifty years ago and it consists of seven parts working together. According to a 2007 report, one of these products is sold every 17 seconds in the U.S. – or around 550 million every year. What is it?

Logistics Network Optimization Software 60

Logistics Network Optimization Software Optimization Software Supply Chain Software Cost Reduction 60

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. More than Just Inventory Optimization.

Inventory Reduction 52

Inventory Reduction ERP Inventory Optimization Software 52

RPA Labs

AUGUST 19, 2021

This serves as a striking example of how freight document management systems and improved data collection, analysis, and application can improve every step of domestic and international shipments. Utilization – Ensures proper use of tools, data, and resources to boost overall profits. .

Document 40

Document Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 40

RPA Labs

AUGUST 19, 2021

This serves as a striking example of how freight document management systems and improved data collection, analysis, and application can improve every step of domestic and international shipments. Utilization – Ensures proper use of tools, data, and resources to boost overall profits. .

Document 40

Document Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 40

FreightWaves SONAR

DECEMBER 29, 2020

That includes sourcing raw materials, production facilities’ dock scheduling, warehousing considerations, and customer service through last-mile logistics. As an example, the increased port activity will eventually translate into added trucking demands for nearby markets. Request a SONAR Demo.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52