Bringg

AUGUST 5, 2020

This post looks at how click & collect works, why demand for it is trending now, and what retailers can do to ensure click & collect experiences that are also good for their business. While interest in click & collect is not new, 2020 saw a massive spike in demand and turned it into one of the hottest retail trends.

Trends 118

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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. In these situations you have to think smartly and weigh the costs against each other for replenishment.

Optimal Sourcing 59

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EazyStock

NOVEMBER 17, 2020

This can include statistical demand forecasting , advanced inventory planning and automated replenishment activities. Can you recognize the warning signs that your business needs automated inventory planning and replenishment ? Trends: Many items will experience demand trends.

ERP 98

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EazyStock

OCTOBER 23, 2020

These patterns can re-occur over days, weeks, months or quarters and can make it harder for businesses to forecast future demand trends. With accurate demand forecasts that account for seasonality, you can optimize stock levels and make informed decisions on safety stock levels and replenishment rules. De-seasonalize the demand e.g

How To 52

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Logistics Bureau

JANUARY 11, 2021

So, for example, if a sales rep asks them, customers will say, “I want a good level of service, I want a competitive price, and I want a strong relationship with the business.”. How to Design your Customer Service Offer. Customers must clearly understand how to use your business and you must know what you are expected to do.

Logistics Network Optimization Software 68

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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

Logistics Bureau

NOVEMBER 23, 2020

An example from a company that turned to Kieran for help in cutting its costs and streamlining its warehousing operations will aid in illustrating this maxim. Let’s look at an example. In our example (Company Z), the availability of A-lines is 93 percent, of B-lines is 94 percent, and of C-lines is 93 percent.

Inventory Reduction 62

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EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. The post How to successfully implement just-in-case inventory management appeared first on.

Inventory Reduction 52

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Logistics Business Magazine

DECEMBER 8, 2023

Overcoming technology barriers A major barrier for many businesses considering an omni-channel approach is the thought of how to bring together disparate technologies and systems to cope with the diverse needs of assembling replenishment for high street stores and on the other hand, picking single or few items for a large number of ecommerce orders.

Inventory Reduction 65

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EazyStock

JANUARY 14, 2020

But unfortunately for inventory management teams, ERPs often lack functionality when it comes to more sophisticated inventory planning and replenishment requirements. Stock planners are often confronted with telltale signs that they need further automation to improve demand forecasting, optimize stock levels and automate replenishment tasks.

Optimization Software 52

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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

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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. The post Bill of Materials Inventory management: How to improve BOM forecasting and planning appeared first on EazyStock.

Supply Chain Planning Software 52

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EazyStock

JANUARY 21, 2021

EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment. For starters there are many aspects to forecasting including seasonality, trends, adding promotional activity and allowing for forecasting error. Microsoft Dynamics 365 Inventory Management Features.

Inventory 52

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FreightWaves SONAR

DECEMBER 11, 2020

Improve replenishment planning with access to ocean import data. As an example, rolled cargo could result in additional delays that add to a higher detention and demurrage risk for freight brokers and truckload providers. More insight into overall trends in volume and rates lowers risk overall. That one is the simplest of all.

Data 59

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EazyStock

APRIL 13, 2022

Supply chain strategy planning – if you understand your strategic objectives, you will be able to plan how to balance supply and demand. 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. Purchasing.

Inventory Reduction 52

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Ship Monk

JULY 27, 2022

Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! 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.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Logistics Bureau

OCTOBER 20, 2021

As an example of how illuminating the perfect order KPI can be, let’s look briefly at damage-free delivery as an example. For example, if the on-time percentage is 98%, the in full is 93%, the damage-free is 99%, and the orders with correct documentation is 96%, the calculation will look like this…. x 0.96 = 0.8661.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

Ship Monk

OCTOBER 17, 2023

So how do ecommerce stores satisfy inventory needs wisely while moving adeptly against any adversity peak season may hurtle like a snowball in the woods? The key is to be aware of inventory challenges out the gate, and have knowledge on how to overcome them should they occur. Lucky for you, in this blog we’re going to cover both!

Inventory Reduction 64

Inventory Reduction Inventory Optimization Software Supply Chain Planning Software 64

EazyStock

AUGUST 9, 2022

Some also produce picking lists and dispatch notes, and offer support with replenishment calculations. Inventory optimization software identifies demand types for each stock item and considers seasonality, trends, promotions, and new products when forecasting demand. How EazyStock can help.

Supply Chain Planning Software 52

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Stord

APRIL 11, 2022

What’s more, many brands were not prepared to sell direct to consumer (DTC)—a trend that only accelerated during the pandemic. For example, while consumer goods production recovered from international closures last summer, those goods would not reach the U.S. How to be More Efficient With the Inventory You Have The good news?

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

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

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EazyStock

AUGUST 21, 2020

Any organization looking to lower costs across their supply chain and improve profit margins should therefore start by taking a closer look at how to reduce their stock levels. How to reduce inventory using stock classification. It also helps keep cash flow healthy and has a positive impact on your end of year accounts!

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

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

ShipLilly

DECEMBER 7, 2020

You must understand the trends within your sales and growth so that you can plan accordingly. Through the strategic use of SKUs, you will be able to understand how your customers behave. This is very different from the traditional brick-and-mortar retailer that can easily check and replenish their stock by sight alone.

Manufacturing Procurement 66

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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

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Logistics Business Magazine

APRIL 23, 2021

Companies were left scrambling, trying to figure out how to meet this heightened demand, keep their employees safe, and continue to operate without their usual supply chain networks. Suddenly, overnight the how and where of manufacturing and distribution changed. How can companies affordably build resiliency into operations?

Supply Chain Software 66

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Talking Logistics

DECEMBER 5, 2018

It also matters because federal and state agencies and competitive pressures will also demand it (see, for example, the Federal Highway Administration’s e-Construction and Partnering initiative). Getting Started with Digital Transformation.

Conference 61

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EazyStock

DECEMBER 8, 2021

Businesses in the US who import from these countries need to address how to deal with this break in supply without it causing stock shortages or stockouts. For example, how much extra stock do you order to cover your forecasts? This leads to you receiving a sub-standard product. Dealing with CNY supply disruption.

Inventory Reduction 52

Inventory Reduction Inventory Resource Reduction Scenario Planning 52

Talking Logistics

DECEMBER 4, 2017

For example, I learned that there’s a difference between cement and concrete, even though many people use the terms interchangeably. Supplier Managed Inventory — that is, provide suppliers with real-time visibility to material consumption rates and inventory levels and have them manage replenishment automatically.

Supply Chain Planning Software 0

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Material Handling and Logistics

OCTOBER 26, 2018

NOTE: Ron Giuntini also participated in the roundtable, but his contribution on the servitization trend will appear in a separate article. . For example, the NIST demonstration shows an assembly operation. TOMPKINS: Sellers today find e-commerce inventory allocation and replenishment to be challenging.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Software Inventory Reduction Supply Chain Planning Software 89

Automotive Logistics

MARCH 20, 2018

Added to this, there was previously little space close to NCMT for the storage of empty rail cars to replenish the NCMT rail ladder, he said. Another example of collaboration between the OEMs, rail providers and truck sector to improve efficiency was outlined by Mark Anderson, president and COO of United Road.

Supply Chain Planning Software 37

Supply Chain Planning Software Supply Chain Design Software Material Savings Logistics Network Optimization Software 37

Automotive Logistics

MARCH 20, 2018

Added to this, there was previously little space close to NCMT for the storage of empty rail cars to replenish the NCMT rail ladder, he said. Another example of collaboration between the OEMs, rail providers and truck sector to improve efficiency was outlined by Mark Anderson, president and COO of United Road.

Supply Chain Planning Software 31

Supply Chain Planning Software Supply Chain Design Software Material Savings Logistics Network Optimization Software 31