EazyStock

MARCH 9, 2021

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.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

Conger

JANUARY 27, 2023

Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. Programmable automation is code-based, allowing for excellent precision Programmable automation is most used in systems that produce similar items using the same automated steps and tools.

Supply Chain Software 52

Supply Chain Software Examples Supply Chain Design Software Supply Chain Planning Software 52

Logistics Viewpoints

SEPTEMBER 19, 2024

There is limited value to running an outdated process faster, and that value drops considerably when significant portions of the process run outside the enterprise tools. For example, running a batch process that now takes 8 hours instead of 12 does not translate into supply chain agility.

Supply Chain Planning Software 139

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 139

FreightWaves SONAR

DECEMBER 3, 2020

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Tracking shipment status is a core function of advanced shipping analytics tools. Download the White Paper.

Supply Chain Planning Software 76

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

Logistics at MPEPS at UPV

MAY 20, 2023

Value Stream Mapping (VSM) is one of the fundamental tools of the Lean Manufacturing methodology. In this post I will explain the importance of this tool and the basic steps to elaborate a VSM by yourselves. Value Stream Mapping is a very powerful tool that allows us to understand and optimise our entire process.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Tools Production Waste Reduction 52

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 ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

Trinity Logistics

JANUARY 19, 2024

That is one example of a public version of Generative AI. There are advances in the works to help “fact check” the tool, but you must remember whatever Generative AI does today is opaque. But you must make sure you’re on the right (private) version of the tool. Another feature is enables tools to call digital actions.

Supply Chain Software 111

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 111

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Logistics Bureau

NOVEMBER 12, 2024

For example, your company’s objective might be to achieve maximum operational productivity, to improve customer service, or perhaps to minimise capital expenditure. For example, is an SKU typically ordered by the pallet, carton, split carton, or individual unit? Order and picking profiles should be examined too.

Modeling Software 88

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 88

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 ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

FreightWaves SONAR

JULY 2, 2024

These benchmarking tools include the MyTRAC rate in SONAR Market Dashboard, access to the TRAC Benchmarking App for granular analysis, and insights from SONAR’s market experts and customer success team in lane-level analysis. Not a current TRAC Contributor?

Optimal Sourcing 64

Optimal Sourcing Procurement Solutions Procurement Analytics Analysis 64

Freightos

DECEMBER 3, 2024

For example, PUMA , the fastest sports brand in the world, first used Rate Refresh in July and has seen significant improvements in efficiency, speed, and quality of the complete rate management on a global scale. As the global freight market continues to evolve, so too will the tools that drive it.

Optimal Sourcing 62

Optimal Sourcing Procurement Logistics Network Optimization Software Price Reduction 62

Logistics Viewpoints

SEPTEMBER 4, 2023

There are different tools, goals, and market dynamics. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. This made the data analysis easier. This made the data analysis “painful.” We did not have a great spot tool.” The freight market is mercurial.

Procurement Solutions 133

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 133

The Lean Thinker

APRIL 20, 2020

At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. Don’t Confuse the Tool with the Goal.

Capacity 360

Capacity Tools Examples Presentation 360

Transporeon

JANUARY 25, 2018

In the case of an Amway multivitamin, for example, the company controls the process “from seed to supplement,” transporting raw materials to manufacturing sites in the U.S., China, India and Vietnam, and then shipping finished products on to distributors and consumers, utilizing a network of hundreds of distribution centers around the world.

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

Logistics Viewpoints

SEPTEMBER 18, 2024

Major automation companies were considered in the analysis by exploring their value proposition in terms of what hardware, software, and services they provide to the industry. Honeywell UOP, for example, offers their own advanced OpCycle Process, which introduces a revolutionary plastics recycling technology to drive a circular economy.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Modeling Software 130

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The supply chain design solution, for example, continues to grow in depth and usability. I see no evidence that less money is being invested in product development.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 131

Logistics Viewpoints

OCTOBER 9, 2024

Environmental Protection Agency focuses on lifecycle analysis and waste management. Automation tools can track regulatory changes across markets and update DPPs in real time. For example, sustainability regulations in the EU and other regions are becoming more stringent. For example, businesses in the U.S.

Compliance 125

Compliance Digital Sourcing Strategies Waste Reduction 125

Logistics Viewpoints

JULY 17, 2023

For example, it can look like imports from China are cheaper than the same goods imported from Mexico if a company is not relying on analysis produced by an advanced good global trade compliance (GTC) system. At its heart a GTC is not just a governance tool, it is a critical tool for risk management. For example, the U.S.

Supply Chain Planning Software 118

Supply Chain Planning Software Compliance Supply Chain Software Optimization Software 118

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

The Logistics of Logistics

FEBRUARY 11, 2022

Finally, even with leading WMS solutions, companies must often license supporting software separately, such as parcel shipping management, bar code label design and print management, reporting tools and more. Those include: Tiered Pricing: For example, a subscription fee for the first 100 users, and then a lower fee for users 101-200, etc.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

Logistics Viewpoints

SEPTEMBER 19, 2023

The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream. Table 1 describes a few examples of these types of risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.

Supply Chain Design Software 151

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 151

The Lean Thinker

FEBRUARY 4, 2021

We get into semantic arguments about “problem solving” as somehow different from “root cause analysis” and how the Improvement Kata is somehow distinct, again, from those activities. Toyota Kata is not a problem solving tool. What About Root Cause Analysis? Scientific Thinking is the Foundation.

Modeling Software 195

Modeling Software Optimization Software Analysis Tools 195

Logistics Business Magazine

JUNE 19, 2023

Computed MyoGraphy is a tool for evaluating workplaces in terms of ergonomics and process efficiency. In combination with fully automated process and material flow tools or simple productivity verifications, precise key figures for ergonomics and productivity can thus be defined.

Logistics Network Optimization Software 50

Logistics Network Optimization Software Material Savings Analysis Tools 50

GlobalTranz

NOVEMBER 17, 2016

Each of these elements more traditionally handles by outsourcing analysis of processes to supply chain consultant. As explained in a previous blog post, continuous improvement in an organization can be achieved through the use of performance measurement tools via big data. Transportation modes used in procurement and shipping.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

SYSPRO Smarter ERP

NOVEMBER 13, 2023

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. BI software provides the tools to analyze the data collected from ERP software and other applications to provide insights and information that help businesses make better decisions.

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

Logistics Viewpoints

APRIL 4, 2024

Another example of data normalization is accounting for lost sales due to stockouts or waste of perishable products due to overstocking of inventory. For example, the demand for the Chocolate Peanut Butter Cup will behave much more similarly to the flavor of Chocolate than Rainbow Sherbert. Wouldn’t it be cool to know within minutes?

Scenario Planning 151

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 151

Logistics Business Magazine

JULY 13, 2022

For example, in a future that includes raw material scarcity and trade uncertainty, organisations that rely on more resilient inputs such as drought resistant crops can gain a competitive advantage,” Wheatley said. Of those organisations that are using technology, 85% are utilising predictive analysis.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 55

3PL Links

JULY 8, 2024

Following is a list of a few examples: Delivery schedules, quantity of deliveries, and expense per item moved; Transport and storage quality and safety; incident and loss rates; satisfaction of customers and business associates. Numerous technologies and tools are available for use. Next, we’ll go over some of them.

Sourcing Strategies 48

Sourcing Strategies Tips Efficiency Supply Chain Planning Software 48

WorkWave

DECEMBER 2, 2024

For example, if delivery times consistently exceed targets, further analysis may reveal specific routes that require optimization or additional resources. By integrating GPS navigation tools that leverage real-time data, drivers can receive timely updates and reroute as necessary, ensuring they adhere to delivery schedules.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Resource Reduction Waste Reduction 52

FreightWaves SONAR

JULY 23, 2024

No other freight company spends more time and energy investing in fine-tuning and improving the data and tools our customers use every day, and we’re excited to bring these new features and updates to you. For example, coming soon is our new Compliance Curve feature, exclusively for SONAR SCI (Supply Chain Intelligence) customers.

Optimal Sourcing 59

Optimal Sourcing Supply Chain Software Optimization Software Data 59

FreightWaves SONAR

FEBRUARY 16, 2021

By using strong management and analysis processes, supply chains can maximize value and stay competitive. And freight KPIs can serve as a valuable tool for freight market intelligence. Streamline data capture and analysis. Freight intelligence tools help management develop a more unified freight strategy.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Logistics Business Magazine

OCTOBER 10, 2024

Analysis of the supply chain The first step is to assess whether it makes sense to switch to reusable plastic packaging for your own application. What legal requirements must be observed with regard to transport and storage (for example in terms of fire protection concept)? These four steps should be followed when making a switch: 1.

Packaging 51

Packaging Material Savings Supply Chain Design Software Transportation 51

AIMMS

FEBRUARY 26, 2020

Network Design tools that are fueled by powerful mathematical optimization in the back end, and intuitive scenario analysis capabilities at the front, empower you to create flexible plans and expose hidden risks in your network. Let’s explore some example s. . This leads to insightful and resilient thinking. .

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

Logistics Business Magazine

FEBRUARY 21, 2024

As well as code-reading duties in fast-moving production and logistics, is therefore ideal for reading direct marks on electronics or automotive components, for example. It also reliably reads slowly-degrading codes, for example on totes in hard-working materials handling environments.

Optimization Software 54

Optimization Software Logistics Network Optimization Software RFID Packing 54

Logistics Business Magazine

MAY 29, 2023

The companies will bring together the proven benefits of automated risk reduction, 360-degree vision and cloud-based video analysis for the first time to revolutionise fleet and driver safety.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Video Analysis Data 52