SYSPRO Smarter ERP

APRIL 18, 2022

Manufacturers and distributors need to make sure the right goods and materials are in the right place at the right time, budgeted for appropriately, and replenished as needed. To do this, they need access to a real time picture to manage every aspect of the chain.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

CH Robinson Logistics

DECEMBER 15, 2021

For example, while it may not be feasible to transport 100% of your freight via air, air freight continues to be the fastest way to replenish inventory, so prioritizing specific freight can help keep cargo moving. Additionally, the right technology tools can give you the visibility and predictability you need to adjust.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

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

Optimization Software Procurement Solutions Inventory Reduction Inventory 52

EazyStock

JULY 7, 2020

In this blog series we look at how inventory optimization tools , such as EazyStock, can support inventory management teams. Inventory management teams therefore need to ensure they have the best tools and forecasting processes for the job. A good forecasting tool like EazyStock will provide the base demand forecast.

Optimization Software 52

Optimization Software Supply Chain Software Modeling Software Inventory 52

EazyStock

OCTOBER 20, 2020

For example, you should consider setting different service levels, safety stock levels and reordering parameters for each category. Fine-tune your stock replenishment strategies. However, if these methods are leading to stockouts or excess stock scenarios, you need to look for a smarter way to carry out replenishment.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

SYSPRO Smarter ERP

MAY 10, 2022

By using business analytics tools in the forecasting process, the quality of forecasts can be assessed and trends analyzed. For example, production jobs for different sales orders can be combined to take advantage of commonly used parts and assemblies. Demand forecasting : Data on sales history should be available to produce forecasts.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

Logistics Business Magazine

AUGUST 11, 2020

Many inventory planners are still reliant on basic stock management tools to carry out their challenging roles. Whilst probabilistic formulas are not easy to utilise manually, there are a number of inventory optimisation tools available that simply plug into ERP systems.

Inventory Reduction 67

Inventory Reduction Inventory Procurement Solutions Supply Chain Software 67

Logistics Viewpoints

AUGUST 7, 2023

If you are implementing a warehouse management system, for example, you scan something, you put it away, you store items, you replenish, you build pallets. Teams will then revert back to their former tools, often times using Excel. This is the penultimate example of leadership commitment. It is incredibly rare.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Modeling Software Optimization Software 105

EazyStock

FEBRUARY 1, 2021

For example: With such different demand patterns, it doesn’t make sense to treat every product the same. In each case the future demand forecasting, replenishment and safety stock calculations need to be treated differently. Accurate eCommerce inventory replenishment. Stock level optimization.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

FreightWaves SONAR

MARCH 2, 2021

With more agility and transparency, based on accurate data-driven choices, implementing essential visibility tools empowers shippers with practical foresight into predicting rate changes in real-time. Although these methods are foundational, they don’t provide the agility of real-time updates that supply chain visibility tools can accomplish.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

CH Robinson Logistics

MAY 11, 2021

Robinson joined Minnesota’s task force and leveraged our scale and expertise to help replenish supplies of personal protective equipment for local hospitals. Robinson’s new Emissions IQ™ tool. Diversity, equity, and inclusion have been a focus for C.H. Robinson for many years.

Material Savings 63

Material Savings Supply Chain Software Logistics Network Optimization Software Replenishment 63

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

SYSPRO Smarter ERP

APRIL 26, 2023

Business processes can be automated to improve workflow, and information can flow automatically between different areas of the business — for example, from customer order, to inventory procurement, to production job scheduling, to invoicing and to warehouse shipment. No manual data entry is needed; this means no duplication of work.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

EazyStock

OCTOBER 23, 2019

The system recalculates all replenishment parameters daily, which means that we detect demand changes much earlier than before. Right now, for example, I’m working on a number of alert reports and forecasts. What other types of automation tools do you use today? At present, EazyStock is the only automated tool we use.

Automation 40

Automation Procurement Solutions Procurement Analytics Material Savings 40

Logistics Bureau

JANUARY 24, 2018

For example, we could change a planning process or a depot operating practice and see major improvements in availability, cost or service. Activity driven replenishment is a good example of that. Technology development is going at a huge rate and many supply chain management tools are now available in the cloud.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 69

EazyStock

MAY 20, 2020

From creating connected teams using virtual streaming and collaboration tools, to increasing productivity with automation despite smaller workforces, to establishing new routes to market via eCommerce. 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

EazyStock

MARCH 26, 2018

In Microsoft Dynamics NAV for example, you can set values for reorder points and safety stock levels. The software includes advanced algorithms for trends, seasonality, dynamic safety stock calculations and more, and we invest heavily in R&D to make sure our tool is the most powerful on the market. Automated alerts.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

AIMMS

DECEMBER 8, 2016

The company started working with AIMMS and our implementation partner Districon in October 2015 to develop a Demand Aggregation tool. These are all the set up boxes we use in the customer’s house, cable boxes and modems for example. It was co-created by users who would use the tool in their respective country.

Optimal Sourcing 91

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 91

Logistics Business Magazine

OCTOBER 11, 2019

This has led to Vax increasing its item picking areas and introducing pick face packing, whereby operatives pick from ground level at a fast rate, ensuring high success rates for forecasted replenishment. expect the delivery to be clean, efficient and trouble-free.

eCommerce 28

eCommerce Logistics Network Optimization Software Replenishment Picking 28

Logistics Business Magazine

OCTOBER 9, 2023

Strategies are many and varied: for example batch picking, which involves walking a route, picking one SKU at a time for a batch of orders. We are, for example, working on ways by which this approach could be extended to multi-line orders, and to having ‘start points’ for picking routes at different places in the warehouse.

Warehousing 58

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 58

ShipLilly

DECEMBER 7, 2020

This is very different from the traditional brick-and-mortar retailer that can easily check and replenish their stock by sight alone. For example, you may specify the source and color for the same basic product. You can, for example, describe the product with initials, then use numbers to signify color, manufacturer, and size.

Manufacturing Procurement 66

Manufacturing Procurement Inventory Reduction Procurement Solutions Sourcing Strategies 66

EazyStock

AUGUST 21, 2020

A tool like EazyStock will prioritize which inventory items to carry, based on multi-dimensional criteria, such as demand types, pick frequency, demand volatility and cost to sell (or profitability). But for a more sophisticated means of inventory classification you’ll need to use inventory optimization software to do the job automatically.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

Running a warehouse as a silo, for example using a spreadsheet, will not help sales when a customer asks for a quote, or the shop floor if they need to know what materials are available for a production run. For example, analyzing real-time production data to uncover hidden inefficiencies and implement changes faster.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

EazyStock

JULY 13, 2020

You can then prioritize these items over others; for example, checking demand, stock levels and reviewing lead times more frequently to help ensure availability at all times. However, with an inventory optimisation tool like EazyStock, this becomes a straightforward task. Doing this manually, however, takes time and resources.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

Logistics Viewpoints

APRIL 29, 2021

The most high-profile example of this is the growing adoption of autonomous mobile robotics (so-called AMRs) and modular micro-fulfillment systems. Execution and optimization software allow DCs to continuously release work in a streaming, waveless fashion to accommodate ecommerce orders alongside traditional replenishment business.

Optimal Sourcing 90

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 90

GoShip Blog

APRIL 14, 2022

Examples of delivery vehicles that’ll likely become mainstream in the nearest future include autonomous trucks and cars, delivery drones, and electric cargo ship vessels. Renewable energy refers to the energy obtained from self-replenishing sources, such as the sun, rain, wind, and geothermal heat. Autonomous Trucks and Cars.

Transportation 40

Transportation Price Reduction Cost Reduction Sourcing Strategies 40

Logistics Business Magazine

JUNE 17, 2020

The picking stations can be used for both order picking and replenishment. They provide teams with a number of tools to support an efficient, reliable and accurate picking process. Thus, travel paths for team-mates are minimized and a safer work environment is provided.

Optimization Software 28

Optimization Software Logistics Network Optimization Software Picking Material Savings 28

EazyStock

MARCH 9, 2021

See an example of ABC analysis in action here. For example, you may want to focus on improving the service levels of your A class products, over your Bs and Cs by increasing your safety stock levels. For example, some products will have a regular demand, while others will have intermittent demand. Focus on your category A items.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

AIMMS

DECEMBER 8, 2016

The company started working with AIMMS and our implementation partner Districon in October 2015 to develop a Demand Aggregation tool. These are all the set up boxes we use in the customer’s house, cable boxes and modems for example. It was co-created by users who would use the tool in their respective country.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 62

Ship Monk

JULY 27, 2022

How often does inventory need to be replenished? For example, if you sold mittens, you would employ micro demand forecasting to look at the past performance of a celebrity-endorsed collection to evaluate its cost of production or sales performance in comparison to your regular product offerings. #4 Which products sell the quickest?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

EazyStock

FEBRUARY 7, 2020

Reducing stock levels to carry more lines (without accurate forecasting and inventory optimization tools) can lead to stockouts and expensive backorders or rush orders from suppliers. For example, some will be at the growth stage with either positive demand or ‘fast’ demand e.g. selling a steady volume.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

OCTOBER 23, 2020

Seasonal demand examples in the US include religious festivals such as Christmas or Ramadan, annual events like Valentines Day or Halloween and seasonal weather patterns, including snow in winter and a hot climate in summer; these can all lead to seasonal variances in demand for many products. Inventory optimization.

How To 52

How To Optimization Software Inventory Optimization 52

GoShip Blog

APRIL 21, 2022

If executed correctly, subscription commerce is a perfect example of a win-win model for both consumers and businesses. The model also enables you to manage your inventory more effectively since you’ll know the exact materials that need replenishing and the required quantities. Pros of Subscription Commerce. High Customer Retention.

eCommerce 40

eCommerce Modeling Software Purchasing Skills Logistics Network Optimization Software 40

EazyStock

MARCH 22, 2022

For example, up-to-date information from your staff, customers, and, of course, industry bodies. For start ups, spreadsheets can be an efficient, low-cost tool. Use this data for your forecast instead of simply using taking the figures from 2020 or 2021 when demand data could be skewed due to the ‘coronavirus effect’.

Supply Chain Planning Software 52

Supply Chain Planning Software How To Supply Chain Design Software Supply Chain Software 52

Logistics Viewpoints

APRIL 7, 2021

Supply chain planning technology is one of the main tools needed for TireHub’s digital transformation. However, the company has also invested in other necessary technology tools as well. For example, in Newark, NJ, lots of people buy a specific car and put custom wheels and rims on them. For TireHub.

Supply Chain Planning Software 86

Supply Chain Planning Software ToolsGroup Digital Supply Chain Software 86

The Logistics Academy

JUNE 29, 2017

IoT technology can help companies manage transportation fleets, inventory, and warehouse operations; make replenishment decisions; refine delivery routes; generate better demand forecasts; and a good deal more. For example, if a truck hits an object with substantial force, it might send a text or e-mail to a supervisor.

Supply Chain Planning Software 40

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

Logistics Bureau

JANUARY 18, 2021

One-way flow is a really good principle to apply during the design process because it allows you to plan your picking path through the warehouse as well as your replenishment paths. Business benchmarking is seen as one of the smartest management tools around. 6) Benchmarking.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Operations Supply Chain Planning Software 118