Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Ship Monk

SEPTEMBER 19, 2022

Back then you didn’t need to know about holding costs because Mom and Dad let you store your inventory for free. What is Inventory Holding Cost? Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. carrying costs, and needed to learn what those are.

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

Log-hub

DECEMBER 12, 2023

Your most valuable tool in such situations is making decisions based on data. When it comes to network design optimization, you might want to run AS-IS Analysis, design a completely new network from scratch, optimize an existing network, or compare future strategies. It is indeed a simple analysis if you have the right tool.

Supply Chain Design Software 52

Supply Chain Design Software Scenario Planning Supply Chain Design Supply Chain Planning Software 52

Ship Monk

JUNE 8, 2022

Learning how to manage inventory is one of the biggest challenges of owning an eCommerce business. There are many different models for forecasting inventory , and plenty of textbooks written on the subject. How Can it Help Me Reduce Cost and Help Me Save? Total value of one year’s worth of inventory. But let’s get real.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 52

EazyStock

JANUARY 4, 2021

Inventory management is crucial to ensuring businesses have agile and efficient supply chain operations. 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.

Inventory Reduction 52

Inventory Reduction ERP Inventory Optimization Software 52

RPA Labs

OCTOBER 28, 2021

Improving the management and accuracy of orders, shipments, and inventory can impact the entire supply chain and therefore must be a top priority. Challenges of Managing the Growing Complexity and Scale of Shipments and Inventory. Poor utilization and onboarding of homegrown RPA systems and automated tools and systems.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Reduction Optimization Software 52

EazyStock

FEBRUARY 7, 2020

Inventory Management, Business Growth & Expanding Product Portfolios. At EazyStock we talk to a lot of small- and mid-sized businesses (SMBs) who are struggling to effectively manage their inventory. In this three-part blog series we’re looking at each of these inventory management problems.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

JUNE 21, 2022

Many more traditional supply chain strategies originated in a steadier business environment. Predictable business cycles and stable demand allowed supply chain professionals to focus less on solving challenges and more on cost reductions. It also reduces costs associated with managing and maintaining IT systems in the long run.

Supply Chain Planning Software 52

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

WorkWave

DECEMBER 8, 2023

This function plays a crucial role in the supply chain management process and is an integral part of a company’s overall logistics and operations strategy. Inventory Accuracy and Turnover Accurate inventory management is essential for efficient inbound logistics.

Inbound 52

Inbound Optimal Sourcing Logistics Network Optimization Software Inventory Reduction 52

FreightWaves SONAR

MARCH 30, 2021

Routing guide failures are frequently caused by poor communication, misunderstandings, unclear guidelines, poor decision-making, outdated or missing data points, mismanagement of privately owned trucking fleets, and unavailability of automated tools and technology. Request a SONAR Demo. Request a SONAR SCI Demo.

Compliance 98

Compliance Supply Chain Software Supply Chain Planning Software Data 98

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. If you’re not careful, the costs of forecasting can outweigh the potential savings in inventory costs. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 85

eCommerce Inventory Reduction Operations Modeling Software 85

EazyStock

MAY 11, 2021

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC classification (otherwise known as ABC analysis ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 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. Investing in the Right Inventory.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

Turvo

SEPTEMBER 16, 2021

The value of using technology to reduce wasted time and miles that contribute to higher carbon emissions. Another study by the EPA, titled Fast Facts on Transportation Greenhouse Gas Emissions , noted that “according to the Inventory of U.S. Greenhouse Gas Emissions and Sinks 1990–2018 (the national inventory that the U.S.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Optimization Software Logistics Network Optimization Software 70

Locus

SEPTEMBER 19, 2023

Governments across the world have pledged to reduce emissions, and consumers’ awareness on the impact of their choices is also growing. They expect brands to take effective measures to reduce emissions. Emerging tech solutions hold great promise in significantly reducing emissions. What is Carbon Neutral Shipping?

Optimization Software 52

Optimization Software Cost Reduction Inventory Reduction Logistics Network Optimization Software 52

Log-hub

DECEMBER 8, 2023

To jump straight to the point, some basic strategies for handling rising transportation costs, which we’ll cover in this Playbook, are related to optimal network design and route optimization. The tool will inform you if it is more cost-efficient for you to outsource some of the shipments, in the Dropped Shipments Table.

Cost Reduction 52

Cost Reduction Optimal Sourcing Handling Supply Chain Design Software 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. Inventory Management. Forwarder uses of RPA also improve inventory and warehousing collaborations. Managing Freight.

Freight forwarding 52

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

FreightWaves SONAR

DECEMBER 18, 2020

But those problems fly under the radar without strong benchmarking tools to measure and improve in-house performance. Carriers will have delays and challenges, such as the problems deriving from package cut-offs in recent weeks. Request a SONAR Demo. There will always be issues that arise. Problems and complaints are inevitable.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Cost Reduction Optimal Sourcing 98

EazyStock

OCTOBER 31, 2022

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. A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much and when they need to order.

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

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. A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much and when they need to order.

Supply Chain Planning Software 52

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

Locus

OCTOBER 25, 2023

Drawing from Locus’s comprehensive survey conducted among over 150 industry captains and leaders, Mehul offers a glimpse into the strategies and challenges surrounding last-mile delivery. Their focus on other aspects, like mid-mile and inventory management, however, puts them slightly behind in the last-mile excellence race.

Webinar 52

Webinar Optimization Software Logistics Network Optimization Software Supply Chain Software 52

Locus

JANUARY 2, 2023

There are two proven strategies to be on time whether you schedule appointments or deliveries: forward and backward scheduling. . Here, you use the resources as early as possible and hold the products in inventory until you can dispatch them. This strategy is also called Just-In-Time (JIT) manufacturing. Lower inventory costs.

Material Savings 52

Material Savings Inventory Reduction Resource Reduction Optimization Software 52

RPA Labs

NOVEMBER 30, 2021

Automation and robotics help to reduce expenses and inefficiencies throughout the supply chain network. These RPA logistics use cases show how RPA can help managers get the most throughput, reduce costs, and create strong relationships with partners by focusing on the following aspects. Reduced Confusion Over Which Rate Is Best.

Supply Chain Software 85

Supply Chain Software Logistics Network Optimization Software Optimization Software Inventory Reduction 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. . Demo in Network Design Navigator . There will most likely be a reduction in labor hours as fewer people will work in a closed, crowded environments.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Scenario Planning Supply Chain Design 139

WorkWave

DECEMBER 11, 2023

Improved Operational Efficiency With a clear visualization of KPIs related to scheduling efficiency, job completion rates, travel times and inventory management, field service managers can optimize operations to enhance efficiency. Adaptation and Continuous Improvement KPI dashboards serve as a tool for continuous improvement.

Optimization Software 52

Optimization Software Resource Reduction Inventory Reduction Tools 52

WorkWave

MARCH 20, 2023

Delivery management solutions provide organizations with the tools they need to effectively manage deliveries from start to finish, ensuring orders are delivered on time and within budget. These systems supply a selection of capabilities that can assist firms to increase efficacy, cutting expenses, and better customer service.

Optimization Software 52

Optimization Software Cost Reduction Expense Reduction Resource Reduction 52

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

Ship Monk

JULY 27, 2022

For an eCommerce business owner, the answer is obvious: How the heck do I get a handle on my inventory management ?! Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! How often does inventory need to be replenished? What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

FreightWaves SONAR

DECEMBER 10, 2020

Descriptive analytics are a powerful tool for managers that allows them to track existing inventory supply and automatically notify others of any potential shortage in available inventory and more. Using historical data, freight managers can identify when more inventory, human resources, trucks and revenue may be needed.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Freight Resource Reduction 52

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. It works in real-time, from entry to dispatch and delivery, reducing labor intensity and scanning errors. In this article, we explore the benefits of warehouse automation.

Supply Chain Software 52

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

Conger

JULY 22, 2021

Keeping track of inventory. Managing inventory. A web visitor lands on the site, browses the inventory, and places their order. An eCommerce warehouse management system, on the other hand, deals with inventory management and fulfillment. Better Inventory Management. Reduced Costs. Maintaining equipment.

Supply Chain Design Software 52

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

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

FreightWaves SONAR

MARCH 24, 2021

One of the best strategies of risk management is diversification of assets or revenue drivers. Brokerage leaders are turning to this strategy for their freight business. You see examples of this strategy in large brokerages today. XPO Logistics strategy has attacked diversity harder in the last few years.

Freight 72

Freight Price Reduction Cost Reduction Inventory Reduction 72

FreightWaves SONAR

MARCH 18, 2021

Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. Supply chain constraints are impossible to avoid, but they can be planned for to reduce their impact. Request a SONAR Demo. Request a SONAR SCI Demo.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

FreightWaves SONAR

JANUARY 22, 2021

Cloud-based systems, automated processes , machine-backed performances, and advanced tool integration will all help shippers improve and keep ahead of the competition. Knowing what is coming in and going out every day is critical to managing inventory, shipping lanes, employee scheduling, load-outs, and more. Request a SONAR Demo.

Supply Chain Software 59

Supply Chain Software Logistics Network Optimization Software Resource Reduction Sourcing Strategies 59

Ship Monk

DECEMBER 15, 2023

Mature ecommerce businesses use every source of data they can get their hands on, from shopping platform analytics to inventory and fulfillment platforms. Did you run out of inventory? Perhaps this will be the year to invest in more powerful data analytics tools. Which items were frequently purchased together?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Locus

AUGUST 2, 2022

Managing delays and delivery exceptions successfully Minimizing risks in shipping and saving money on every delivery Reducing operational shipping expenses and maintaining high profits Maintaining consistency in delivering products on time Cutting down extra costs incurred due to high volume of returns. Benefits of curbside pickups.

Modeling Software 52

Modeling Software Optimization Modeling Modeling Trends 52