EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

EazyStock

JULY 22, 2021

Demand forecasting techniques play a critical role in inventory management. However, producing an accurate inventory demand forecast is no mean feat. But first – let’s get a definition: What is inventory demand forecasting? The Importance of Accurate Inventory Forecasting. Identify trends.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

SYSPRO Smarter ERP

JUNE 9, 2022

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? Here’s an example. Mid-market manufacturers need a tool that’s tailored to their needs. The BI tool needs to be able to easily pull all this data together for analysis.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

MTS Logistics

DECEMBER 20, 2023

Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations. Let’s dissect the essential elements that make up this dynamic strategy: 1. Elastic logistics also ushers in a new era of supply chain resilience.

Supply Chain Software 85

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 85

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. As costs increase with inflation at its highest in over 40 years, now is the time to review your current situation to understand where you can improve efficiency or reduce costs.

Supply Chain Planning Software 52

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

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. As costs increase with inflation at its highest in over 40 years, now is the time to review your current situation to understand where you can improve efficiency or reduce costs.

Supply Chain Planning Software 52

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

EazyStock

JUNE 24, 2020

Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. Inventory optimization software is an important piece of the puzzle. It is critical to helping inventory management teams understand and manage demand and supply variables.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

Ship Monk

NOVEMBER 8, 2022

“Inventory” is a tricky word because it means different things to different people. If you are an inventory manager, inventory is the number of units you have on hand at any given time. If you are an accountant, inventory is an asset on a balance sheet tracked by its monetary value. Inventory Types for Manufacturers.

Inventory Reduction 80

Inventory Reduction eCommerce Inventory Manufacturing Procurement 80

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Forced to implement protective measures through the pandemic, some companies increased overhead by stock piling inventory which negatively affects both cash flow and profits. Manufacturers can use forecasting to support inventory optimization. Managing Inventory. labor, materials and warehousing, to IT, freight and safety.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. The coronavirus disruptions highlighted the stressed nature of lean and just-in-time inventories.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Managing inventory is a complex business. Inventory management KPIs are important as they help analyze and track the performance of inventory management activities such as how stock is ordered, managed and turned. How to Choose Inventory Management KPIs.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

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

EazyStock

FEBRUARY 1, 2021

Better Inventory Management for eCommerce. trillion by 2023 , indicating a need for more robust online sales strategies. trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Logistics Viewpoints

APRIL 10, 2024

For example, a robust supply chain may have backup power generators, firewalls, security systems, and emergency plans to prevent or mitigate the effects of disruptions. For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 150

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

Morai Logistics

NOVEMBER 11, 2020

After a year dominated by a pandemic, many of the anticipated trends heading into 2020 have been reconsidered—here are 6 to be mindful of going forward. This article by Morai Logistics presents 6 of the most prominent trends in supply chain today. No tool is quite as robust and varied as AI. Agility is More Important Than Ever.

Supply Chain Software 88

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 88

GoShip Blog

JULY 11, 2022

During the pandemic, many companies struggled because their warehouses experienced an unforeseen reduction in labor input. However, businesses that had incorporated automated systems and AI solutions into their warehousing strategy were able to weather the storm better. This further improves brand loyalty and customer retention rates.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Cost Reduction 52

CH Robinson Logistics

DECEMBER 15, 2021

However, with this year’s volatility, I was also given a front-row seat to a new level of hyper collaboration – including individuals going out of their way to help each other, more strategy sessions between shippers and forwarders, and continually leaning into historical data and current market insights to find smarter solutions.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

EazyStock

DECEMBER 17, 2019

Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

Logistics Bureau

SEPTEMBER 4, 2023

If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

Inventory Reduction 60

Inventory Reduction Inventory Supply Chain Planning Software Logistics Network Optimization Software 60

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. We never ran out of or had too much inventory.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

Logistics Business Magazine

AUGUST 11, 2020

According to EazyStock, one area where big gains can be made is around inventory management. Many inventory planners are still reliant on basic stock management tools to carry out their challenging roles. Manual inventory management is labour intensive and can often lead to stock imbalances.

Inventory Reduction 67

Inventory Reduction Inventory Procurement Solutions Supply Chain Software 67

Logistics Business Magazine

JANUARY 7, 2022

Meili Robots has come up with a list of 7 of the main robotics trends and predictions for 2022. During the last five years, we have seen robots move from a developing technology to an indispensable tool for a large number of enterprises. Let’s have a look at some of the biggest robotics trends and predictions for 2022.

Trends 48

Trends Supply Chain Software Supply Chain Design Software Modeling Software 48

EazyStock

FEBRUARY 13, 2019

What are the primary supply chain management trends for 2019? In this post we will present recent trends you may not have heard of – yet – but ought to keep an eye on as they develop. In this post we will present recent trends you may not have heard of – yet – but ought to keep an eye on as they develop. Distributed Inventory.

Supply Chain Software 45

Supply Chain Software Supply Chain Planning Software Supply Chains Trends 45

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

EazyStock

MARCH 26, 2018

?. One of the most common questions we receive is “We already have an ERP inventory module. Through better inventory management, we’ve been able to support our stock management and procurement processes much better, which has even resulted in higher profits! Inventory Management and forecasting in your ERP.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

EazyStock

JANUARY 14, 2020

Do you need inventory planning software? But unfortunately for inventory management teams, ERPs often lack functionality when it comes to more sophisticated inventory planning and replenishment requirements. Effective inventory planning and control begins with accurate demand forecasting software.

Optimization Software 52

Optimization Software Procurement Solutions Inventory Reduction Inventory 52

Turvo

JANUARY 26, 2021

Supply chain data analytics can interconnect many different focus points and minimize risks by giving managers tools and insight into past trends, so they do not try to make choices for the future blindly. It provides the trends and data that can help them make informed choices about preparing for the coming quarter and the season.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 73

Logistics Viewpoints

AUGUST 22, 2022

billion in inventory “that if we could just wave a magic wand, we’d make it go away today,” said chief financial officer (CFO) John David Rainey. Walmart estimates that inventory is still 15% above optimal levels. We’ve also cancelled billions of dollars in orders to help align inventory levels with expected demand.”.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Supply Chains Purchasing Skills 115

SYSPRO Smarter ERP

NOVEMBER 14, 2022

At the center of many of these changes is a re-tooling which has seen the integration of key digital technologies designed to help businesses cope with changing demands and climates. ERP systems have allowed these businesses to lower costs by automating labor- and time-intensive tasks reducing the hours and expenses spent on task completion.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 116

Logistics Bureau

JANUARY 3, 2018

It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for Supply Chain Pros to Watch in 2018.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Design 76

SYSPRO Smarter ERP

MAY 10, 2022

There has to be tight control over inventory, and production planning and scheduling need to ensure product delivery. This should also integrate with inventory management and procurement so that goods are ordered in time and there is visibility over stock items. How ERP helps Assemble To Order (ATO) manufacturers.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

Logistics Business Magazine

DECEMBER 16, 2021

Ralf Duester, board member of the SCM software specialist Setlog , summarises which trends will shape the year 2022. His analysis is based on conversations and data from Setlog customers who use the SCM tool OSCA, e.g. more than 100 brands in the fashion industry alone. Sustainability and due diligence laws force us to act.

Supply Chain Planning Software 50

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 50

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? Let’s dive in.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52