FreightWaves SONAR

MARCH 30, 2021

Maintaining good compliance to these informational guides is critical to supply chain management and relies heavily on current data and automation. Missing data amounts to inevitable routing guide failures Data is king in today’s ever-changing market, and it is only becoming more vital for supply chain operations and management.

Compliance 98

Compliance Supply Chain Software Supply Chain Planning Software Data 98

Ship Monk

SEPTEMBER 14, 2022

There are a lot of accounting terms thrown around when describing eCommerce inventory: merchandise inventory , WIP inventory , ending inventory , and beginning inventory to name just a few. What is Beginning Inventory? By inventory , we mean finished goods that are on hand and ready to sell.

Inventory Reduction 98

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 98

FreightWaves SONAR

MARCH 11, 2021

Global trade data and shipping demand management are not just things that high-tech companies and international investors need to worry about. This focus makes proper use of global trade data and analytics so vital for continued recovery and growth throughout the supply chain network. Streamline data collection and analysis.

Data 98

Data Supply Chain Planning Software Supply Chain Software Expense Reduction 98

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the White Paper.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

Logistics Viewpoints

OCTOBER 24, 2024

At one of the demo booths, what stood out was the ability of the procurement solution to track savings leakage over the course of a contract. SCCN solutions allow trading partners to collaborate across defined trading partner processes based on a common data model. SAP’s Business Network is a supply chain collaboration network.

SAP 115

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 115

EazyStock

JUNE 23, 2022

What is big data? 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! Processing big data.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

FreightWaves SONAR

MARCH 9, 2021

H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Global retailers use data to understand lead time Successful supply chain operation at any stage hangs on the ability to stay on top of shipping and transport logistics. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

EazyStock

MARCH 9, 2021

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. ABC inventory analysis is important as it helps managers focus their time on their most valuable/important products and adapt their inventory control policies accordingly.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

FreightWaves SONAR

MARCH 8, 2021

The abundant data sources can make the process of assessing the market more difficult than necessary. Shippers and carriers should make more definitive decisions in selecting their data sources. Because data sources matter to assess accurately and objectively the over the road trucking market. . Download the White Paper.

Sourcing Strategies 98

Sourcing Strategies Optimal Sourcing Sourcing Data 98

FreightWaves SONAR

NOVEMBER 24, 2020

Successful supply chain management depends on the ability to collect data and apply it accordingly. As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. And major companies have taken notice.

Data 90

Data Freight Supply Chain Software Inventory Reduction 90

FreightWaves SONAR

JULY 6, 2021

This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. The end of the second quarter is typically a strong period for truckload freight and this year is no exception. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 98

White Paper Demo Replenishment Maritime 98

Ship Monk

JULY 21, 2022

Perpetual inventory. Well, a perpetual inventory system does constantly monitor the flow of products in and out of your warehouse, but there’s a bit more to managing the inventory than that. What is a Perpetual Inventory System? Perpetual Inventory vs. Periodic Inventory. That sounds promising, doesn’t it?

Inventory 52

Inventory Logistics Network Optimization Software eCommerce 3PL 52

Ship Monk

JULY 28, 2022

Any eCommerce business that manufactures goods has three different types of inventory at any given time: Raw Materials Inventory , Work in Process Inventory , and Finished Goods Inventory. This article will show you the difference between these types of inventory and how to calculate Work in Process inventory.

Inventory 64

Inventory Manufacturing Procurement Purchasing Skills eCommerce 64

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. 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

FreightWaves SONAR

OCTOBER 31, 2024

From inventory management to transportation planning, being prepared is essential for success. To ensure smooth operations during peak season, leveraging real-time freight data from platforms like SONAR can give shippers and carriers a competitive edge. The post Prepping For The Retail Rush appeared first on SONAR.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Cost Reduction Outbound 52

Freightos

DECEMBER 13, 2023

More Resources Home December 13, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 7% to $5.88/kg

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 117

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

FreightWaves SONAR

NOVEMBER 19, 2020

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

Logistics Viewpoints

FEBRUARY 17, 2025

Outfitters expertise, along with these data-driven insights allow customers to find their best-fitting footwear. I would sit through the demos, and I would think, how are these bots going to handle large orders that we routinely send our stores? Fleet Feet created an inventory coordinator team that focuses solely on inventory accuracy.

Optimization Software 71

Optimization Software Optimal Sourcing Logistics Network Optimization Software Supply Chain Software 71

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

OCTOBER 18, 2021

Goods for the holiday shopping season are largely already stateside, which has led to a decline in our forward-looking ocean bookings data. But, low retail inventory levels are likely to keep import volumes elevated as shippers seek to accelerate early 2022 imports to avoid any disruption associated with Chinese New Year.

White Paper 97

White Paper Capacity Demo Maritime 97

WorkWave

FEBRUARY 28, 2025

Evolve Automation and streamlining No Contact for pricing 40Grid Data-driven decision-making No Subscription-based Lets explore each pest control software platform in detail to identify the right fit for your field operations. Efficiency Tools: Automates reporting and integrates real-time weather data to improve service planning.

Optimization Software 66

Optimization Software Modeling Software Optimal Sourcing Tools 66

FreightWaves SONAR

DECEMBER 1, 2020

The modern supply chain rests on a mountain of shipping data. However, the applications of real-time freight data remain disparate and lack value. Knowing the lead time helps warehouse managers understand when to restock inventory, allocate drivers, source more capacity, and take other necessary steps. Request a SONAR Demo.

Purchasing Skills 100

Purchasing Skills Freight Procurement Analytics Optimal Sourcing 100

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

DECEMBER 15, 2020

And while leveraging a freight rate index or ocean import data to lower detention risk , the sheer size of the supply chain makes management difficult at best. According to a recent Journal of Big Data article , “In typical [supply chain management] problems, it is assumed that capacity, demand, and cost are known parameters.

Scenario Planning 105

Scenario Planning Freight Supply Chain Planning Software Supply Chain Software 105

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.” Respond to issues, deviations and problems with data. Request a SONAR Demo. Stop wasting time trying to hope for the best rates.

Tips 111

Tips Security Capacity Supply Chain Software 111

FreightWaves SONAR

MARCH 24, 2021

Trucking has a decisive advantage on shorter, irregular runs moving in or out of less populated regions, which are also core reasons to view lane-by-lane market data too. . Request a SONAR Demo. Request a SONAR SCI Demo. Intermodal shipping is dominated by the largest shippers in the U.S. Download the White Paper.

Cost Reduction 85

Cost Reduction Inventory Reduction Freight Sourcing Strategies 85

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

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

FreightWaves SONAR

MARCH 4, 2021

Every shipping mode and method can benefit from access to accurate, real-time freight data. For instance, consider these top uses of data and calculators within existing systems: Trucking metrics can benefit from clear data highlighting key areas of profit and loss within the fleet. Promote collaboration within the network.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

Freightos

JUNE 18, 2024

More Resources Home June 18, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. kg China – N. Europe – N. China – N.

Data 105

Data Logistics Network Optimization Software Freight Demo 105

FreightWaves SONAR

JUNE 1, 2021

Maybe that’s not exactly true – there are also issues related to the semiconductor shortage, such as record used vehicle prices, consumers buying early in order to get their desired vehicles, and vows to ditch just-in-time inventory management. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Negotiate Pricing Negotiating Skills Data 52

Ship Monk

JUNE 8, 2022

Learning how to manage inventory is one of the biggest challenges of owning an eCommerce business. There are many different models for forecasting inventory , and plenty of textbooks written on the subject. Many companies use the EOQ model to manage inventory more efficiently while simultaneously minimizing inventory costs.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 52

FreightWaves SONAR

DECEMBER 18, 2020

In a sense, it’s the application of data signals to create a list of preferred shippers. With the strong application of data, shippers can finally squeeze out additional efficiencies and make meaningful improvements to attain a designation of shipper of choice. And that means your company needs access to all the freight data available.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Cost Reduction Optimal Sourcing 98

RPA Labs

OCTOBER 28, 2021

Improving the management and accuracy of orders, shipments, and inventory can impact the entire supply chain and therefore must be a top priority. Challenges of Managing the Growing Complexity and Scale of Shipments and Inventory. High error rate due to outdated information and decisions based on inaccurate data.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Reduction Optimization Software 52

EazyStock

JUNE 23, 2021

When finished goods are built from a set of components, a Bill of Materials (BOM) is extremely useful for inventory management purposes. BOMs are extremely important for inventory management teams as they allow them to forecast and order the correct quantities of each component required to make up the final product. Lead times.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Inventory Reduction Inventory 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