Ship Monk

OCTOBER 17, 2023

Managing inventory is a pivotal part of peak season for every ecommerce store, regardless of size or industry. Underestimate inventory needs and buyers can have a negative experience with your brand because of backorders or stockouts, or you could just flat out lose business. A big part of that is inventory management.

Inventory Reduction 64

Inventory Reduction Inventory Optimization Software Supply Chain Planning Software 64

FW Logsitcs

OCTOBER 10, 2023

In today’s fast-paced business world, effective and efficient inventory management is critical to any successful third-party logistics warehouse operation. Efficient inventory management in a 3PL warehouse ensures a steady flow of goods, improves overall operational efficiency, and reduces costs.

Optimization Software 52

Optimization Software Inventory Reduction Supply Chain Planning Software Inventory 52

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 115

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

EazyStock

AUGUST 28, 2023

When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels. When combined with manual inventory management processes, you increase the risk of human errors, which can culminate in stockouts and overstocking.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

SYSPRO Smarter ERP

JUNE 9, 2022

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? 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. How much does it cost us to manufacture this product?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain 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 83

Inventory Reduction eCommerce Inventory Manufacturing Procurement 83

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

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

GoShip Blog

JANUARY 5, 2024

The evolution of cargo tracking from traditional methods to sophisticated digital tools marks a significant leap in how logistics companies manage and monitor shipments. This blog will explore how these tools work, their benefits, and their impact on the logistics industry.

Optimization Software 52

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

Ship Monk

AUGUST 22, 2022

SKUs are vital to inventory management and the success of any business—as pivotal to operations as a binding agent is to a meatball (i.e. A SKU is a code (typically 8 – 12 alphanumeric digits long) assigned to the items in your inventory. There are online tools as well, and you can create SKUs by hand. What is a SKU?

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

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

MARCH 9, 2021

ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. ABC inventory analysis is important as it helps managers focus their time on their most valuable/important products and adapt their inventory control policies accordingly.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

IoT World Today

NOVEMBER 11, 2019

Without much fanfare, RPA tools are beginning to appear in key IoT areas such as asset tracking and fleet management, and increasing customer demands for real-time monitoring of inventory and just-in-time deliveries point to further growth. RPA’s goal is to take on human tasks associated with modern digital transformations.

Supply Chain Software 67

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Tools 67

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

Logistics Viewpoints

FEBRUARY 14, 2024

To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries.

Supply Chain Planning Software 147

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 147

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

3PL Insights

MAY 3, 2021

May 03, 2021— Evans Distribution Systems, a leading provider of third-party logistics and supply chain solutions, launched a new business intelligence tool: evans365. The tool provides warehouse customers a holistic view of their account activity based on real-time data. “As MELVINDALE, Mich., This is only the beginning.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

Logistics Business Magazine

NOVEMBER 24, 2023

Ralf Duester, board member of the Bochum-based SCM software specialist Setlog, shows which trends will be important in 2024. His statements are based not only on discussions with experts from the industry and research, but also on data from Setlog customers who use the SCM tool OSCA. At a glance: The top ten SCM trends in 2024 1.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 56

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them.

eCommerce 87

eCommerce Inventory Reduction Operations Modeling Software 87

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

Blue Grace Logistics

MARCH 26, 2024

By analyzing historical trends, demand patterns, and performance metrics, businesses can make informed decisions to optimize inventory levels, minimize excess stock, and enhance resource utilization. As a result, this enables prompt remedial action and cost reduction.

Negotiating Skills 97

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 97

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. Getting the basics right Improving forecast accuracy Accurate demand forecasts can help you stay on top of inventory and improve strategic planning for different risk scenarios.

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. Accurate demand forecasts can help you stay on top of inventory and improve strategic planning for different risk scenarios. Supply chain issues. Getting the basics right. Supplier management.

Supply Chain Planning Software 52

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

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

EazyStock

FEBRUARY 1, 2021

Better Inventory Management for eCommerce. A critical area of focus should be your eCommerce inventory management processes. Here’s how eCommerce businesses can improve their inventory management. Improving your eCommerce Inventory Management. Forecasting eCommerce inventory demand. Want to know how?

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 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

GlobalTranz

AUGUST 28, 2018

On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. How sound inventory management improves the supply chain, and what are the adverse impacts to the supply chain due to poor inventory management.

Optimization Software 48

Optimization Software Supply Chain Software Logistics Network Optimization Software Inventory Reduction 48

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

EazyStock

JANUARY 17, 2022

In 2022, key supply chain management trends all lean towards building supply chain resilience. We’ve compiled a round-up of the top six supply chain management trends that we think you should take notice of in 2022. But where should they focus their resources and investment? Supply Chain Digitalization. Supplier Diversification.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chains Trends 52

EazyStock

AUGUST 21, 2020

So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction? Carrying lower volumes of excess inventory in your supply chain can lead to lower carrying costs, such as reduced storage costs and inventory service costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

EazyStock

JANUARY 21, 2021

EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment. In this post we’re going to review Dynamics Business Central’s inventory management capabilities and discuss what additional features and benefits EazyStock can offer. Manage non-stocked items.

Inventory 52

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

Blue Grace Logistics

JUNE 23, 2023

By analyzing revenue, inventory levels and orders, shippers can gain a comprehensive understanding of market dynamics and position themselves strategically for success. Here’s some key highlights from the Q3 2023 LCI: Anticipated revenue maintains a positive trend. Inventory optimization. Agile operations.

Resource Reduction 91

Resource Reduction Inventory Reduction Logistics Network Optimization Software Cost Reduction 91

Ship Monk

SEPTEMBER 9, 2020

Every fairy godmother needs her magic wand, every knight needs his shining armor, and every eCommerce business owner needs their tools. Tech tools, that is. Tools for Marketing (and Sales). Drift , a tool we use daily here at ShipMonk. The digital gadgets that allow for a smooth operation, day in and day out.

Optimization Software 56

Optimization Software Logistics Network Optimization Software eCommerce Tools 56

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

Logistics Viewpoints

JANUARY 11, 2023

In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. Top Five Transportation Trends ; Chris Cunnane. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint.

Supply Chain Planning Software 129

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 129