Logistics Viewpoints

NOVEMBER 1, 2024

This is nearly double the amount from a decade ago and it seems to be in line with the trend of Halloween gaining popularity in the last few years with the help of social media. The data is accessible to state U.S. According to the S&P Global Market Intelligence Americans are spending upwards of 4.1

Supply Chain Design Software 162

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 162

Logistics Viewpoints

MARCH 27, 2024

The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory. AI and ML enable robots to learn from data, adapt to changing conditions, and optimize their performance.

Optimization Software 151

Optimization Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Software 151

EazyStock

NOVEMBER 17, 2020

Many organizations have an enterprise resource planning (ERP) system to collect, store, manage and interpret data from a host of different businesses processes. This can include statistical demand forecasting , advanced inventory planning and automated replenishment activities. Trends: Many items will experience demand trends.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

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.

White Paper 98

White Paper Demo Replenishment Maritime 98

FreightWaves SONAR

MARCH 23, 2021

Recognize market volatility trends and their impact on replenishment lead time Another beneficial action to boost efficiency with freight management comes from the recognition of market volatility trends. Market volatility can significantly impact replenishment lead time for restocking warehouses and distribution centers.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

Logistics Viewpoints

OCTOBER 5, 2023

Their day doesn’t begin with traditional routines but with diving deep into a digital universe where data alerts serve as guiding stars. End-to-End Supply Chain Planning Platform The end-to-end process begins with data. The result is an end-to-end planning process operating on the highest quality data possible.

Supply Chain Planning Software 139

Supply Chain Planning Software Case Study Optimization Software Modeling Software 139

GlobalTranz

DECEMBER 29, 2020

As COVID-19 continues to reshape the supply chain, we're looking ahead to the emerging trends in warehousing you need to be aware of to ensure your organization thrives in 2021. Five Emerging Trends In Warehousing To Prepare For In 2021. Centralizing inventory in massive regional DCs for store replenishment was a successful strategy.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Design Software Warehousing Trends 62

Conger

MAY 24, 2023

Want to learn about automatic replenishment? Keep reading to find out: What automatic replenishment is How it works Who can benefit from it Its advantages and disadvantages The different types Best practices for choosing a system and vendor And lots more! Table of Contents What Is Automatic Replenishment? Let’s dive in!

Replenishment 40

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FreightWaves SONAR

JANUARY 15, 2021

And the trucking trends will reflect both the hope for a return of normalcy and the reality of some new, permanent shifts in the industry. With that in mind, it’s important to realize that carriers can use the top 10 trucking trends to find a long-term value-prop coming out of the most in-demand periods for carriers in history.

Trends 64

Trends Trucking Supply Chain Planning Software Optimization Software 64

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. Unstructured data isn’t as accessible to search or export and is often text-heavy.

Inventory Reduction 52

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SYSPRO Smarter ERP

FEBRUARY 2, 2022

Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Effective data management. Furthermore, data handling may necessitate collaboration amongst many departments to maintain performance and quality. Tracking issues.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Inventory Optimal Sourcing 105

Blue Grace Logistics

JULY 11, 2024

This underscores the importance of staying attuned to current events and seasonal trends to anticipate and respond to fluctuations in retail demand in real time. Food and beverage shippers can achieve this by analyzing historical data and market insights.

Inventory Reduction 90

Inventory Reduction Cost Reduction Optimization Modeling Supply Chain Planning Software 90

Logistics Viewpoints

DECEMBER 15, 2022

quintillion bytes of data every day. Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes. Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes. The retail industry is rich with data.

Optimal Sourcing 132

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 132

Logistics Viewpoints

AUGUST 4, 2021

This is an important point because e-commerce order fulfillment is typically much more labor intensive than traditional replenishment operations, and is therefore placing burdens on logistics functions across organizations. Here are a few more data points supporting the ongoing labor needs of warehousing and transportation operations.

Supply Chain Software 154

Supply Chain Software Supply Chains Procurement Analytics Warehousing 154

FreightWaves SONAR

DECEMBER 11, 2020

An intimate relationship exists between truckload providers and ocean import market data. Fortunately, it’s easier than ever for truckload providers to lower detention and demurrage risk with these uses of ocean import data. Improve replenishment planning with access to ocean import data. That one is the simplest of all.

Data 59

Data Supply Chain Planning Software Supply Chain Software Optimization Software 59

Logistics Business Magazine

NOVEMBER 23, 2023

Real-time data, including inventory, enables structural visibility in logistics, which leads to better resource allocation, reduced downtime and improved customer service. Dexory’s robot (pictured) automated inventory management, providing instant, continuous data. She describes the machine as an ‘autonomous data capture unit’.

Data 50

Data Optimal Sourcing Inventory Reduction Modeling Software 50

SYSPRO Smarter ERP

AUGUST 7, 2023

This fragmented approach leads to redundant data entry, lack of coordination and inefficiencies that consume valuable time and resources. With an ERP, all departments are looking at the same data. Inventory managers can plan replenishment to satisfy demand from sales and production. If this sounds familiar, you are not alone.

ERP 98

ERP Manufacturing Procurement Optimal Sourcing Procurement Analytics 98

EazyStock

AUGUST 28, 2023

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

JUNE 24, 2020

It also offers improved efficiencies and powerful data insights, providing a wealth of functionality to help during these difficult times. The era of using spreadsheets to run reports and analyze data is over. A good forecasting tool will identify demand trends at SKU level and adjust forecasts accordingly.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

FreightWaves SONAR

JANUARY 28, 2021

However, carriers across the board need to recognize the trucking trends coming out of the for-hire trucking industry as they will inevitably carry over into larger carrier networks as well. . Capacity concerns will remain a leader in for-hire trucking trends. Vaccine distribution will also play a role in for-hire trucking trends.

Trends 52

Trends Trucking Manufacturing Procurement White Paper 52

EazyStock

OCTOBER 20, 2020

This keeps the data clean and easier to use for forecasting going forward. Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Look out for such trends in your historical demand data and adjust your forecasts accordingly. Fine-tune your stock replenishment strategies.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

10xLogistics

MAY 14, 2024

Today, we will cover all things Demand Planning and I will follow this with a sub-post dealing with the topic of CPFR (Collaborative Planning, Forecasting and Replenishment). Collaborative planning ensures that all relevant insights and data points are considered, leading to more accurate forecasts.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Modeling Software Scenario Planning 62

FreightWaves SONAR

FEBRUARY 23, 2021

However, it has no immunity to rising costs and fees, changes in taxes, mobile data expenses, and penalties. The solution: Recognizing market trends as they occur in real-time is easier with access to actionable, insightful data. Challenge 4: Rising costs. Managers need to contend with this challenge on a regular basis.

Maritime 84

Maritime Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 84

Logistics Bureau

JULY 18, 2022

Once you have gathered the data relating to your customers’ needs, you should be able to see if a single logistics strategy will work for your entire customer base, or whether you need to take a segmented approach. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Vendor-managed inventory or replenishment.

Inventory Reduction 116

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 116

SYSPRO Smarter ERP

MAY 23, 2022

Industries need to make efforts to improve lead times and quality, boost productivity and better inventory management, however these tasks require real-time, accurate data and coordination across the entire organization. This also improves inventory forecasting and enables organizations to draw up trends.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing ERP Optimization Software 105

Logistics Viewpoints

SEPTEMBER 9, 2021

COVID-19 has been an accelerator that transformed consumer behavior trends, and some of those behaviors are expected to stay well after the pandemic ends. Future Look-out. They can consolidate their entire supply chain network on a single digital platform.

Supply Chain Planning Software 134

Supply Chain Planning Software Digital Supply Chain Software Logistics Network Optimization Software 134

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

EazyStock

OCTOBER 10, 2018

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.

Inventory Reduction 45

Inventory Reduction Supply Chain Planning Software Inventory Modeling Software 45

SYSPRO Smarter ERP

MAY 10, 2022

Demand forecasting : Data on sales history should be available to produce forecasts. By using business analytics tools in the forecasting process, the quality of forecasts can be assessed and trends analyzed.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

GlobalTranz

NOVEMBER 4, 2016

Common functions include an advanced shipping notification (ASN) system, which can be used to keep track of all of the inbound orders you are receiving, which is crucial to properly coordinating shipments with crossdocking and replenishments. Other ways to pick up data include voice-activated technology and RFID methods.

Distribution 101

Distribution Modeling Software Tips Supply Chain Software 101

Stord

MARCH 24, 2020

Inventory replenishment becomes a challenge as a result and you risk not being able to fulfill customer orders or reorder from the manufacturer. Build a network of forward stocking locations and use your supply chain’s historical inventory data to make decisions. What SKUs sell out the fastest in that region?

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Software Events Supply Chain Design 78

Stord

NOVEMBER 13, 2024

BFCM by the Numbers Data from 2023 showed a record-setting turnout of 200.4 This trend was compounded further in recent years. With accurate inventory data paired with a robust Order Management System (OMS) with real-time data, not only do these problems vanish, but new opportunities present themselves.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

Blue Grace Logistics

MARCH 20, 2023

Shipper's Guide to Planning Ahead Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 20, 2023 Data shows there is a consensus that revenue will increase and inventory levels will build. The latest LCI forecasts an upwards trend for Q2.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Inventory Reduction Resource Reduction 62

Logistics Bureau

OCTOBER 10, 2022

Inaccurate forecasts typically arise from mistakes, which, once identified, can be eliminated, such as: Failure to understand seasonality and other trends affecting demand volumes. Ignoring the presence of forecast biases which skew replenishment patterns. Neglecting to monitor external market factors that can affect demand.

Inventory Reduction 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

MTS Logistics

JANUARY 3, 2023

Until the next contract season, which traditionally kicks in April-May, no major upward trend is expected. Increased pressure to replenish inventories. Regardless of overall economic indicators, importers overall will be under a great dilemma to replenish diminishing inventories or wait for a better economic environment.

Negotiating Skills 103

Negotiating Skills Industry Tracking and Tracing Inventory Reduction 103

Logistics Bureau

SEPTEMBER 28, 2020

It is at this level that 4PL providers come into their own, making use of digital technologies such as big data and cloud computing to maintain visibility in every link in the supply chain. Missed delivery deadlines or depletion of stock without replenishment quickly sends out a negative signal and chases customers away. 4) Industry.

4PL 118

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 118

CH Robinson Logistics

DECEMBER 15, 2021

However, with this year’s volatility, I was also given a front-row seat to a new level of hyper collaboration – including individuals going out of their way to help each other, more strategy sessions between shippers and forwarders, and continually leaning into historical data and current market insights to find smarter solutions.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90