EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Ordering 52

Locus

JUNE 16, 2023

Read also: A Study of Unit Economics in Last Mile Delivery Is it essential to reduce last-mile delivery costs for vehicles? These high costs, coupled with a steep increase in the volume of last-mile orders, underscore the need for reducing delivery costs to adapt to consumer demand shifts and safeguard profit margins.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. The Importance of Improving your Inventory Turnover. Prioritize your inventory. Reorder smarter.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

AIMMS

MARCH 30, 2020

Demo in Network Design Navigator . There will most likely be a reduction in labor hours as fewer people will work in a closed, crowded environments. Study multiple resource utilization what-if scenarios and accommodate your production and inventory plan accordingly. Study 3: Identify Optimal Sourcing Locations .

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Scenario Planning Supply Chain Design 139

Locus

MAY 20, 2024

This blog delves into essential acronyms and abbreviations, from BOPIS to WISMO, that are pivotal for optimizing supply chains and elevating customer satisfaction. This fulfillment method cuts down delivery costs of serving customers especially in dense cities. Read Also: The Retail Playbook For Thriving in an Omnichannel World 1.

Inventory Reduction 98

Inventory Reduction Logistics Network Optimization Software Cost Reduction Optimization Software 98

Locus

MARCH 27, 2024

On one hand, they’re battling shrinkage, which includes inventory losses from both operational slip-ups and theft. Geocoding drastically cuts down on the headache of reattempted deliveries on these unclear by accurately locating unclear addresses, thereby saving costs and boosting customer satisfaction. Pretty daunting, right?

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. With an efficient order fulfillment process, businesses can reduce their shipping costs and improve their turnaround times which helps them increase their sales and revenue. Let’s fill in! What is Order fulfillment?

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Shipchain

FEBRUARY 14, 2019

Medicines are frequently returned to the pharmaceutical manufacturers, resulting from excess inventory or a need to return unsold stock for use in other areas directly. While approximately 3% of all pharmaceuticals are returned to manufacturers, return pharmaceuticals account for up to $10 billion in inventory.

Supply Chain Planning Software 99

Supply Chain Planning Software Supply Chains Inventory Reduction Manufacturing Procurement 99

Ship Monk

JUNE 16, 2022

When eCommerce businesses or fulfillment centers use the term “slotting,” they’re referring to a method of organizing inventory in a warehouse to optimize fulfillment operations. Advantages of Inventory Slotting. Similar products can be slotted in separate locations to reduce common picking errors. Reduced Shrinkage.

Cost Reduction 52

Cost Reduction Inventory Reduction Resource Reduction eCommerce 52

FreightWaves SONAR

MARCH 30, 2021

Added benefits of data-driven strategies in managing the inbound and outbound flow of goods Another benefit of ensuring routing guide compliance and adherence lies in the power of data-driven strategies that become easier to implement. Request a FreightWaves SONAR or a SONAR SCI demo by clicking the button below to get started.

Compliance 98

Compliance Supply Chain Software Supply Chain Planning Software Data 98

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

A powerful order and inventory management system can track inventory levels in real time, help identify short and long-term trends, automate critical re-order points, optimize order size and cadence , generate customized reports and so, so much more. In general, start with the method that offers the best use of available data.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. Consistently failIng to do so means definitely losing their confidence, which reduces your revenue, and a decline in profitability. The increasing demand for fast shipping has accelerated the need for brands to bring inventories closer to customers.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

EazyStock

JUNE 23, 2022

All successful businesses use data to develop strategies and review their outcomes. 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. The key for inventory management teams is to know what to do with it!

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

FreightWaves SONAR

JANUARY 21, 2021

Seeing potential acuity and inventory shifts can help logistics managers. This can help reduce uncertainty in the various lanes and reduce the network’s impact. Market disruptions happen, but prior preparation and planning for as much as possible can reduce their impact on the supply chain.

Supply Chain Planning Software 97

Supply Chain Planning Software Inventory Reduction Resource Reduction Price Reduction 97

FreightWaves SONAR

DECEMBER 18, 2020

Carriers will have delays and challenges, such as the problems deriving from package cut-offs in recent weeks. And that also includes proactive views of inventory density, capacity and tender expectations across large geographies through shipping analytics tools. Request a SONAR Demo. 6 Hallmarks of a Shipper of Choice.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Cost Reduction Optimal Sourcing 98

FreightWaves SONAR

MARCH 24, 2021

With imports continuing to flood the ports and inventories still well below pre-COVID levels, intermodal freight should continue to have a strong year, but there are systemic risks once inventories are replenished and trucking stabilizes. Request a SONAR Demo. Request a SONAR SCI Demo. Epilogue by Jason Vanover).

Cost Reduction 85

Cost Reduction Inventory Reduction Freight Sourcing Strategies 85

Freightos

DECEMBER 13, 2023

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Projections through February for volumes above 2019 levels may point to continued consumer strength and expectations for inventory restocking for after the holidays.

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 117

FreightWaves SONAR

MARCH 22, 2021

Analytics can help companies review order-to-cash process cycles, expectations for demand, review available inventory, and better manage interactions with partners and customers. The best transportation management strategy uses data, and that data must be accurate, valid and timely. Request a SONAR Demo.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

Dedola Global Logistics

SEPTEMBER 1, 2024

This blog explores how importers can leverage expedited ocean freight to navigate today’s market complexities, and why it might be a smarter choice compared to both traditional ocean and air freight services. can take 2-3 weeks, expedited ocean freight can reduce this time significantly, often cutting it by nearly half.

Expense Reduction 74

Expense Reduction Cost Reduction Price Reduction Freight 74

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

EazyStock

JANUARY 4, 2021

Inventory management is crucial to ensuring businesses have agile and efficient supply chain operations. However, having control over every inventory item often ends up being a time-consuming and frustrating endeavor for most inventory teams, as they rarely have the right tools in place to get the job done well.

Inventory Reduction 52

Inventory Reduction ERP Inventory Optimization Software 52

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.

Supply Chain Planning Software 76

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

FreightWaves SONAR

NOVEMBER 19, 2020

All of these and many other challenging factors have resulted in an ever-extending supply chain footprint, one holding onto inventory 8% longer than it did 30 years ago.” However, AI can provide a pathway toward more proactive, responsive management strategies. When inventory lags demand, companies suffer losses.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

FreightWaves SONAR

NOVEMBER 24, 2020

Before cloud computing and the era of Big Data, collecting inventory information required more resources and extra manpower. Plus, manual data entry often left inventory management susceptible to human error.” Yes, it does allow companies to reduce the time to execute a load. Request a FreightWaves SONAR demo to get started. .

Data 90

Data Freight Supply Chain Software Inventory Reduction 90

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 ). 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.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

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. Improve, on average, profits while also reducing overall costs.

Data 98

Data Supply Chain Planning Software Supply Chain Software Expense Reduction 98

FreightWaves SONAR

MARCH 4, 2021

Domestic transportation networks can better collaborate load capacity to reduce wasted miles and space. Thus, it’s equally important to understand how the freight management segments can apply an ROI calculator like the one in SONAR’s blog to assess whether such systems are worth the investment. That’s what SONAR offers.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

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. Higher costs of storage.

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. 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

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

JANUARY 4, 2021

As reported by Inbound Logistics , “Shippers who unload efficiently and quickly without depending on driver involvement help carriers avoid poor trailer utilization or excessive trailer inventories.” Improving dock efficiency times ensures drivers can get in and out quickly, which reduces delays in order fulfillment and transportation.

Tips 111

Tips Security Capacity Supply Chain Software 111

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

Locus

JULY 20, 2023

This is where reducing Time Under The Roof becomes critical. Technological integration deficits may give rise to inefficiencies in inventory management, route optimization , and customer communication. The truth is: much of their time is spent under a roof waiting to load or unload their next shipment.

Inventory Reduction 40

Inventory Reduction Resource Reduction Cost Reduction Operations 40

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. The ABCD Analysis entails categorizing products based on their net sales and subsequently measuring the inventory value for each category.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40