EazyStock

JUNE 18, 2019

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 analysis (otherwise known as ABC classification ). But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

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

EazyStock

JUNE 23, 2022

All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. The key for inventory management teams is to know what to do with it! What is big data? Processing big data.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

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

JUNE 18, 2019

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 analysis (otherwise known as ABC classification ). But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

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

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

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

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

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

FreightWaves SONAR

MARCH 11, 2021

According to Supply Chain Digital , “A company that utilizes a global trade management system can expect to cut costs, risks and delays associated with manual compliance and tracking efforts.” Avoid inventory problems and deviations during shipment. Streamline data collection and analysis. Request a SONAR Demo.

Data 98

Data Supply Chain Planning Software Supply Chain Software Expense Reduction 98

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. Viewing transportation networks with multi-angled metrics goes a long way to reducing costs. Request a SONAR Demo. Things go wrong in supply chains.

Supply Chain Planning Software 76

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

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

FreightWaves SONAR

MARCH 18, 2021

Supply chain constraints are impossible to avoid, but they can be planned for to reduce their impact. 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 Demo.

Manufacturing Procurement 91

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

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. Drayage planning allows for shipping options that lower overall shipping costs by reducing delays and wait times between BCO, retailers and managers. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

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

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. The global last-mile delivery market size is expected to reach $61.57 billion by 2025, growing at a CAGR of 16.7%

Optimal Sourcing 52

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

Freightos

OCTOBER 8, 2024

But even after the wage agreement last week the union remained vocally opposed to any automation or semi-automation that would eliminate ILA jobs , so the new deadline is now marked on many calendars. America weekly prices increased 3% to $1.79/kg. Freightos Air Index data shows Europe – N.

Negotiating Skills 112

Negotiating Skills Price Reduction Inventory Reduction Resource Reduction 112

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

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

EazyStock

JUNE 16, 2022

Having systems and processes in place to reduce the possibility and subsequent impact of supply chain issues is extremely important. For supply chain management, this could include generating demand forecasts to ensure stock availability or mapping transportation routes to prevent idle time and reduce fuel consumption.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 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

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

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. Automation can increase productivity by eliminating many tedious, repetitive tasks. Check the reviews of your provider.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 116

WorkWave

MAY 30, 2024

From selecting the right suppliers to fostering strong partnerships, this guide will provide valuable insights and strategies for field service organizations looking to enhance their supplier relationships. What is Supplier Relationship Management (SRM)? Just-in-time relationships are based on synchronized production and delivery.

Negotiate Pricing 52

Negotiate Pricing Vendor Strategies Negotiating Skills Material Savings 52

Log-hub

DECEMBER 8, 2023

To jump straight to the point, some basic strategies for handling rising transportation costs, which we’ll cover in this Playbook, are related to optimal network design and route optimization. Book a customized demo The post Playbook – How to handle rising transportation costs? Here is where you can book a call with us.

Cost Reduction 52

Cost Reduction Optimal Sourcing Handling Supply Chain Design Software 52

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

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

FreightWaves SONAR

SEPTEMBER 29, 2023

This premium could help pay for technology upgrades to better enable optimization and reduce delays – as well as promote efficiencies in replenishment. DATA ALSO AFFECTS INVENTORY MANAGEMENT While on the topic of freight data and its use in meeting just-in-time fulfillment, it is important to consider the lean conundrum.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 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. Reduced Costs. Maintaining equipment.

Supply Chain Design Software 52

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

Log-hub

AUGUST 5, 2024

Analysing these heat maps reveals patterns and trends in customer distribution, which can influence strategic decisions on warehouse placement, distribution routes, and inventory strategies. Map Comparisons: Comprehensive Scenario Analysis Log-hub 4.3 With the Log-hub 4.3 The Log-hub 4.3

Scenario Planning 40

Scenario Planning Supply Chain Design Software Supply Chain Planning Software Optimization Software 40

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 Optimal Sourcing 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. It also helps eliminate issues that can cause delays in the payment process.

Supply Chain Software 59

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

Locus

AUGUST 1, 2024

While cutting logistics costs is crucial, but implementation in of itself does not guarantee or sustain the customer base that businesses expect. The only way to reduce the instances and likelihood of poor delivery experiences is by focusing on making every delivery convenient, flexible, and predictable.

Cost Reduction 52

Cost Reduction Inventory Reduction Resource Reduction Price Reduction 52

WorkWave

MAY 31, 2024

It involves the gathering and analysis of real-time data, allowing fleet managers to make informed decisions regarding maintenance and operations. First, it helps in reducing operating costs. How Telematics Enhance Fleet Management One of the key advantages of telematics in fleet management is the ability to reduce operating costs.

Optimization Software 52

Optimization Software Logistics Network Optimization Software Cost Reduction Expense Reduction 52

Ship Monk

NOVEMBER 14, 2022

vs. 2021 , supply chain and freight issues have resulted in numerous inventory challenges, costs have been challenging to predict, and we have entered (and exited) a technical recession whose reach and effects are still to be fully determined. For a truly successful ecommerce business strategy, you have to dig a little deeper.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Ship Monk

DECEMBER 15, 2023

Mature ecommerce businesses use every source of data they can get their hands on, from shopping platform analytics to inventory and fulfillment platforms. Did you run out of inventory? Only then can you establish ideal pricing strategies and discounts. How did your pricing compare to your closest competitor’s pricing?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64