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Using ABC Analysis in Inventory Management

EazyStock

What is ABC Analysis? 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. In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices.

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Enterprise shippers’ top 6 logistics strategies to know

FreightWaves SONAR

As 2021 begins, new growth and adjustments need freight managers’ attention to start the recovery process. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Sometimes data analysis needs to be refocused and fine-tuned.

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Freight Forecasting During COVID-19 (with video)

FreightWaves SONAR

Subscribers receive near-time market intelligence to improve pre-RFP strategy analysis and can identify new market opportunities with little to none native, historical data. David Spencer, the Director of Business Intelligence at Arrive Logistics and #WithSONAR’s co-hosts discussed the outlook for 2021. It has been recognized by Inc.,

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December 19, 2023 Update

Freightos

Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU.

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June 18, 2024 Update

Freightos

But with capacity already stretched thin, the shift of vessels to East-West lanes may contribute – like it did in 2021 and 2022 – to higher rates on regional and lower-volume lanes as well. Europe – N. America weekly prices fell 2% to $1.63/kg.

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Why asset-based carriers are using freight tech to recruit truck drivers

FreightWaves SONAR

By using the proper strategy for real-time freight data consolidation and analysis, the ability to recruit truck drivers and retain the talent will greatly increase and benefit each freight company. In the pandemic-ridden world of 2021, it is important to maximize each step to keep up with demands and stay in business.

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How to price freight loads: carriers that use data price more accurately

FreightWaves SONAR

The best and only successful way to overcome flawed data analysis is to use effective technology. As volatile as the last few years have been within the industry, 2021 and beyond could remain the most impactful years yet. Making the most of freight management and data analysis services will represent a key focus in the years ahead.