EazyStock

JANUARY 21, 2021

Dynamics 365 Business Central, or Dynamics BC, is Microsoft’s newest ERP to the market. For starters there are many aspects to forecasting including seasonality, trends, adding promotional activity and allowing for forecasting error. How does EazyStock complement Dynamics 365 Business Central’s inventory management?

Inventory 52

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

EazyStock

FEBRUARY 1, 2021

Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory. Simply reacting to market change is not enough, because you may have insufficient stock to meet a surge in demand or even miss out on a trend altogether. Seasonality, trends, promotions and new products.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

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). Identify trends and generate reports for more accurate forecasting.

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

EazyStock

MARCH 4, 2021

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. The Importance of Improving your Inventory Turnover. Use-up excess inventory by redistributing stock.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

SYSPRO Smarter ERP

OCTOBER 20, 2021

This would make it almost impossible to identify any trends around things like customer preferences and demands, as well as to define the optimal future direction for your organization from a technology perspective if the organization only produced analogue data. Digitization: from analogue information to digital data.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

RPA Labs

JUNE 2, 2022

Document automation can extract data from documents, migrate it to your TMS or ERP system, and complete shipments without human intervention. For example, people will always need to be involved when automation is implemented. Email automation is able to open emails, analyze the content, and respond to a customer inquiry in seconds.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Optimization Software Efficiency 52

EazyStock

FEBRUARY 7, 2020

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.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

Talking Logistics

AUGUST 8, 2017

In today’s post, I’ll share some concrete examples of machine learning applications used today in the context of S&OP. The first example is to use machine learning for improving the results of your promotions and improving sales. Take the Coca Cola company, for example. Machine learning to boost your sales.

Optimal Sourcing 63

Optimal Sourcing Supply Chain Planning Software How To Scenario Planning 63

Logistics Bureau

NOVEMBER 15, 2018

Although it originates from the European Union, the GDPR applies to enterprises across the globe, as in the following examples. As trust is built through proper dealing with personal data, customers will be more likely to share more data for more added value (targeted offers, product customization, for example). Increased efficiency.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chains 54

Camelot 3PL Software

DECEMBER 6, 2023

Integrate Systems Integration between your WMS and other systems like shopping carts, marketplaces, carrier systems, and ERP systems can provide a unified view of the operation. Regular Training Training is essential to ensure that all staff members understand how to use the WMS and follow warehouse procedures.

3PL 52

3PL Optimization Software Inventory Reduction Logistics Network Optimization Software 52

EazyStock

OCTOBER 31, 2022

They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Demand forecasting provides the information management teams use to plan how to meet that demand. Some ERP or inventory management systems will also offer demand planning functionality. How can EazyStock help?

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Demand forecasting provides the information management teams use to plan how to meet that demand. Some ERP or inventory management systems will also offer demand planning functionality. How can EazyStock help?

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. In this post we’ll look at 6 inventory control techniques that will specifically show you how to control your stock levels, help you optimize your inventory and maximize profits. Understand your demand.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Logistics Viewpoints

MARCH 3, 2022

Here are some good examples: The Australian retailer Woolworths dominated Australian online trade in the sector food and personal care with a volume of about two billion USD and a market share between 15 and 20 percent within just a few years of entering the online market. How to best integrate a logistics strategy in your company.

Expense Reduction 184

Expense Reduction Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 184

EazyStock

JANUARY 14, 2020

Enterprise Resource Planning (ERP) platforms are a big investment for any organization. But unfortunately for inventory management teams, ERPs often lack functionality when it comes to more sophisticated inventory planning and replenishment requirements. There’s a growing trend of lost sales or accounts.

Optimization Software 52

Optimization Software Procurement Solutions Inventory Reduction Inventory 52

EazyStock

NOVEMBER 17, 2020

What is ERP inventory management? Many organizations have an enterprise resource planning (ERP) system to collect, store, manage and interpret data from a host of different businesses processes. ERP inventory management limitations. ERP inventory management needs sophisticated demand forecasting.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

WorkWave

MARCH 27, 2023

Table of Contents [Open] [Close] Good PR Community Insight Community Development Cost Management Stable Workforces Simpler Onboarding Business Connections How To Manage a New Local Workforce Good PR Hiring locally can help to improve your PR across the local area. For example, local employees might understand local culture and customs.

Expense Reduction 52

Expense Reduction Cost Reduction Resource Reduction Vendor Strategies 52

SYSPRO Smarter ERP

MARCH 20, 2024

Benefits of business intelligence in manufacturing When combined with the power of your ERP system , a modern data management solution can help manufacturers connect to and integrate information from any data source (including CRM or HR systems). Automatically refresh your data.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

GlobalTranz

APRIL 26, 2017

Therefore, supply chain companies need to understand how these smart supply chain technologies can be deployed, how to ensure value in data analyzed and how smart technologies can benefit decision-making. For example, smart technologies can be leveraged to reduce wait times and delays for fleet drivers.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Logistics Network Optimization Software 88

Logistics Business Magazine

DECEMBER 16, 2021

Ralf Duester, board member of the SCM software specialist Setlog , summarises which trends will shape the year 2022. In road transportation, there is a strong trend towards e-vehicles and hydrogen-powered trucks. ERP silos are eliminated. New legislation is driving the pace. Sourcing and purchasing models are being rethought.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 53

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. Higher costs of storage.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

EazyStock

JANUARY 31, 2022

How to Choose Inventory Management KPIs. Inventory Management KPIs – Examples for Effective Inventory Analysis. Inventory turnover ratio measures how quickly stock is sold and replaced, or turned over, in a predefined time period (usually a year). SMART goals are specific, measurable, achievable, relevant, and timely.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Conger

JULY 16, 2021

In this article, we show you the biggest warehouse automation trends in 2021 that could change your warehouse operations. For each of the trends, you’ll learn: What it is and how it works. 11 Warehouse Automation Technology Trends. A warehouse management system (WMS) is an example of digital automation software.

Automation 59

Automation Vendor Strategies Trends Expense Reduction 59

Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. It may do, but how do you know? Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Naturally, the first part of this task will be to research and clarify those key trends.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics Business Magazine

DECEMBER 8, 2022

Ralf Duester, member of the board of the SCM software specialist Setlog, shows which trends will shape the year 2023. In the fashion and fast-moving consumer goods sectors alone, these are more than 100 brands, including, for example, Marc O’Polo, Jack Wolfskin, KiK and Wenko. foreign workers. York Fashion Act).

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Purchasing Skills 64

The Logistics Academy

JUNE 11, 2017

In the most memorable scene in The Graduate not featuring Mrs. Robinson, Dustin Hoffman is offered a one-word piece of advice about how to succeed in business: “Plastics.” One example: GM is working with Shell and Exxon Mobile to enable a driver to use a connected key fob to enable payment at the pump. Plastics.”.

Data 40

Data Procurement Analytics Supply Chain Software Procurement Solutions 40

EazyStock

MAY 20, 2020

This plan can help supply chain managers identify the risks associated with their organization’s supply chain and how to mitigate them to keep disruption to a minimum. Here’s some examples of how: Inventory optimization software automates demand forecasting.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 52

GlobalTranz

NOVEMBER 16, 2016

Meanwhile, stakeholders do not get to reap the rewards of this new tech trend , and the overall enterprise suffers without realizing it. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. .

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

The Logistics Academy

FEBRUARY 13, 2017

Faculty members from some of the leading logistics education programs share their thoughts on how higher education is preparing tomorrow’s professionals for the challenges ahead. Q: What are the latest trends in logistics education, and how does your program address them?

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Logistics Bureau

FEBRUARY 6, 2023

Instead, they are primarily unsure how to go about it, or their leaders have been preoccupied with other elements of supply chain operation and just haven’t gotten around to it. If you need an example to guide you in setting SMART goals for your supply chain operation, here is an overview of the right and wrong way to go about it.

Supply Chain Software 100

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 100

Talking Logistics

JUNE 7, 2018

Shippers need to learn how to be a “shipper of choice” in order to secure capacity in a consistent and productive way at reasonable rates. The best TMS solutions integrate effectively with Warehouse Management Systems (WMS) or Enterprise Resource Planning (ERP) technology. What does all of this mean?

Supply Chain Planning Software 60

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Optimization Software 60

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

In general, manufacturing operations collect data (often manually), but the challenge is that many may not have a clear idea of how to use it to impact the supply chain or cannot easily access it because it is locked in legacy systems. The post How manufacturers can monetize data appeared first on SYSPRO Blog. Where to start.

Manufacturing Procurement 105

Manufacturing Procurement Data Modeling Software Optimization Software 105

Conger

MAY 24, 2023

Examples of manufacturers that can use automatic replenishment are electronic manufacturers, automotive, pharmaceuticals, textiles, and more. Examples of retailers that use automatic replenishment are Walmart, Dollar Tree, Target, Costco, and Tesco. For example, reordering may require permission to be activated.

Replenishment 40

Replenishment Supply Chain Planning Software Supply Chain Design Software Optimization Software 40

EazyStock

JUNE 23, 2021

An example of a BOM-dependent forecast would be for the components that make up a fountain pen. An example here could be when stationery items are sold in a writing set, but also sold on their own. An example here could be when stationery items are sold in a writing set, but also sold on their own.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Inventory Reduction Inventory 52

Logistics Manager

OCTOBER 11, 2018

To learn more about the capabilities and how to implement this type of technology in a warehouse, we had a chance to speak with Swisslog Logistics Automation, a global provider of robot based and data-driven intra logistics solutions. For example, if they need more throughput, then they can add more AGVs.

Supply Chain Software 38

Supply Chain Software Supply Chain Design Software Automation Supply Chain Planning Software 38

EazyStock

AUGUST 9, 2022

Enterprise resource planning (ERP) software. An ERP collates data from all other packages to give an overview of the core business operations. Inventory optimization software identifies demand types for each stock item and considers seasonality, trends, promotions, and new products when forecasting demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

SYSPRO Smarter ERP

NOVEMBER 8, 2021

But for that special class of disruption, the low-probability, high-impact events like natural disasters, epidemics and other upheavals, organizations don’t know how to mitigate the risk and successfully manage their supply chains, and are now trying to find their way through the minefield of issues and challenges with no clear solution.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116