EazyStock

MAY 11, 2021

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC classification (otherwise known as ABC analysis ). But first here’s a quick reminder of what ABC classification of inventory is: ABC Classification Definition.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

EazyStock

JUNE 23, 2022

But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. Processing big data. First – a caveat!

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

WorkWave

NOVEMBER 14, 2024

Effective delivery scheduling improves visibility into operations, providing better insights for managing inventory and order flow. Key components of delivery scheduling include: Inventory and Order Visibility : Ensure smooth coordination of delivery times. These require real-time adjustments to ensure timely deliveries.

Optimization Software 52

Optimization Software Resource Reduction Logistics Network Optimization Software Inventory Reduction 52

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

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. If you’re not careful, the costs of forecasting can outweigh the potential savings in inventory costs. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

EazyStock

JULY 13, 2020

In this four-part blog series we look at the impact COVID-19 has had on supply chains and how inventory optimization software can help. In this post we focus on inventory planning and how to optimize stock levels despite erratic customer behavior and supply restrictions. Investing in the Right Inventory.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

Freightos

DECEMBER 13, 2023

Judah Levine December 13, 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 1% to $1,603/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 5% to $2,497/FEU.

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 117

Log-hub

OCTOBER 1, 2024

3 min read Up to 15% cost savings and boosted service levels with data-driven inventory management tailored to users’ unique demand patterns. Log-hub is expanding its portfolio with the new Inventory Optimization App , a powerful tool designed to streamline inventory management while reducing costs. Who benefits most?

Optimal Sourcing 40

Optimal Sourcing Inventory Reduction Cost Reduction Inventory 40

EazyStock

DECEMBER 13, 2021

Many inventory management teams are looking for ways to avoid stockouts, as they can cause problems across the entire organization. However, there are steps you can take to improve your inventory management processes and be better prepared to prevent regular stock availability crises in your business. Demand forecasts. Lead times.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

FreightWaves SONAR

MARCH 18, 2021

Limited insight into inventory demands resulting in problems procuring raw materials The manufacturing supply chain depends on the availability of raw materials to create and distribute goods and products. Request a SONAR SCI Lane Acuity demo to get started or click the button below. Request a SONAR Demo.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

FreightWaves SONAR

MARCH 11, 2021

Avoid inventory problems and deviations during shipment. Streamline data collection and analysis. Take advantage of innovative data and analytics, including Lane Acuity Plus as part of SONAR SCI by requesting a FreightWaves SONAR demo via the button below. . Request a SONAR Demo.

Data 98

Data Supply Chain Planning Software Supply Chain Software Expense Reduction 98

FreightWaves SONAR

MARCH 9, 2021

The better global retailers and BCOs understand market conditions through smart data analysis, the easier they will secure on-time drayage moves or deliveries. As such, they avoid out-of-stock inventory and can meet customer demands. Connect with FreightWaves to request a SONAR demo or by clicking the button below to learn more.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

Freightos

JUNE 18, 2024

The recent increase in delays and prices may also be putting pressure on many shippers to move seasonal goods now before rates climb further or to avoid delays later in the year which could threaten inventory availability in Q4. Europe – N. America weekly prices fell 2% to $1.63/kg.

Data 105

Data Logistics Network Optimization Software Freight Demo 105

FreightWaves SONAR

DECEMBER 3, 2020

Analytics-driven processes to reduce excess inventory. Yet analytics-driven processes can reduce excess inventory. And they keep inventory levels lean. Improved planning through wait time analysis benefits all parties. Learn how your company can use freight data analytics by getting a SONAR demo via the button below!

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

FreightWaves SONAR

DECEMBER 10, 2020

Descriptive analytics are a powerful tool for managers that allows them to track existing inventory supply and automatically notify others of any potential shortage in available inventory and more. Using historical data, freight managers can identify when more inventory, human resources, trucks and revenue may be needed.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Freight Resource Reduction 52

Log-hub

DECEMBER 12, 2023

When it comes to network design optimization, you might want to run AS-IS Analysis, design a completely new network from scratch, optimize an existing network, or compare future strategies. It is indeed a simple analysis if you have the right tool. Does the optimization process end here? You can try, but probably not.

Supply Chain Design Software 52

Supply Chain Design Software Scenario Planning Supply Chain Design Supply Chain Planning Software 52

Freightos

OCTOBER 8, 2024

The strike did lead to some ocean to air shift reflected in climbing rates on some lanes, and we may see some continued pressure on air cargo rates as long as some importers continue to expedite shipment of some essential inventories until stuck containers are received and ocean operations stabilize.

Negotiating Skills 112

Negotiating Skills Price Reduction Inventory Reduction Resource Reduction 112

Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. The combinatorial factors disrupting supply chains persist, but in this case the problem was completely preventable.

Supply Chain Planning Software 121

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 121

AIMMS

JUNE 26, 2017

Supply Chain Network Design : Network analysis and design is used to select the right number, location, territory, and size of warehouses, plants, and production lines; and optimize the flow of all products through your supply chain. ” Watch a demo to see an AIMMS-based Inventory Optimization App in action.

Supply Chain Design Software 0

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software AIMMS 0

EazyStock

DECEMBER 21, 2022

Inventory demand forecasting is how companies predict customer demand for an inventory item over a defined period. Accurate inventory demand forecasting enables a company to hold the right amount of stock, without over- or under-stocking, for optimum inventory control. What is demand forecasting?

Modeling Software 52

Modeling Software Optimization Software Inventory Reduction Optimization Modeling 52

EazyStock

OCTOBER 31, 2022

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. They will aim to have enough stock to avoid stockouts, but not so much that they end up with obsolete stock or high inventory values. Why is demand planning important?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

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. They will aim to have enough stock to avoid stockouts, but not so much that they end up with obsolete stock or high inventory values. Why is demand planning important?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

Logistics Business Magazine

JANUARY 16, 2023

The Stratford-upon-Avon based company, which was established in 2007 and recently won a Queen’s Award for Enterprise, is additionally enjoying consistent control of inventory and outbound processes, which help deliver a first-class customer experience. Their agile approach means giving clients select parts of the system (e.g.

Procurement Solutions 56

Procurement Solutions Purchasing Skills Procurement Analytics Logistics Network Optimization Software 56

EazyStock

DECEMBER 21, 2022

Inventory demand forecasting is how companies predict customer demand for an inventory item over a defined period. Accurate inventory demand forecasting enables a company to hold the right amount of stock, without over- or under-stocking, for optimum inventory control. What is demand forecasting?

Modeling Software 52

Modeling Software Optimization Software Inventory Reduction Optimization Modeling 52

EazyStock

JUNE 16, 2022

Inventory management and AI. Inventory management teams have the difficult task of calculating healthy stock levels to meet demand without over- or under-stocking. Using algorithms, AI can provide better quality data and analysis to give a complete overview of your warehouse and supply chain.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

AIMMS

JUNE 26, 2017

Supply Chain Network Design : Network analysis and design is used to select the right number, location, territory, and size of warehouses, plants, and production lines; and optimize the flow of all products through your supply chain. ” Watch a demo to see an AIMMS-based Inventory Optimization App in action.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software AIMMS 62

Locus

JUNE 16, 2023

A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024. Idling costs: Idling is a considerable challenge in urban areas due to the inefficiency in fuel consumption and the potential for vehicle wear and tear.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

EazyStock

AUGUST 9, 2022

From controlling inventory to providing quoting processes and managing suppliers to delivering warehouse management capabilities, such as picking, packing, and shipping. Distribution software can bring many benefits to inventory management teams, and the wider business, including: Accurate demand forecasting. Real-time tracking.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Procurement Solutions Supply Chain Software 52

Conger

JULY 22, 2021

Keeping track of inventory. Managing inventory. A web visitor lands on the site, browses the inventory, and places their order. An eCommerce warehouse management system, on the other hand, deals with inventory management and fulfillment. Better Inventory Management. What Does Warehouse Management Involve?

Supply Chain Design Software 52

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

EazyStock

APRIL 13, 2022

Supply chain strategy execution – this is where inventory teams will manage warehouses and inventory levels to ensure the company can meet customer demand. This will provide maximum analysis and understanding of your current setup and support sales and operations planning. Inventory optimization. Purchasing.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. In 2022, inflation rates peaked at 9.1%

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

Locus

APRIL 3, 2023

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. All successful modern-day businesses rely on an efficient system of logistics management. from 2019 to 2025.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

FreightWaves SONAR

JANUARY 22, 2021

Having access to real-time data and having shipping technology systems that allow for fast analysis is vital. Knowing what is coming in and going out every day is critical to managing inventory, shipping lanes, employee scheduling, load-outs, and more. Request your FreightWaves SONAR demo here or by clicking the button below.

Supply Chain Software 59

Supply Chain Software Logistics Network Optimization Software Resource Reduction Sourcing Strategies 59

Log-hub

SEPTEMBER 4, 2023

Inventory levels rise at various stages in the supply chain because of the lack of demand clarity about the future. Inaccurate Demand Forecasting and Inventory Management : Predicting customer demand accurately is challenging due to the fluctuations in demand that can possibly lead to overstocking or understocking.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 40

Log-hub

SEPTEMBER 4, 2023

Inventory levels rise at various stages in the supply chain because of the lack of demand clarity about the future. Inaccurate Demand Forecasting and Inventory Management : Predicting customer demand accurately is challenging due to the fluctuations in demand that can possibly lead to overstocking or understocking.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 40