Locus

OCTOBER 27, 2023

Let’s find out the three key strategies for brands to enable last-mile excellence during this Diwali season! Keeping in mind that last-mile delivery encompasses 53% of the overall shipping expenses, a few subpar customer experiences can pose a severe threat to a company’s financial health.

Optimization Software 59

Optimization Software Logistics Network Optimization Software Cost Reduction Expense Reduction 59

Ship Monk

MARCH 11, 2024

In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions. Low-cut jeans come to mind.) Then contact us for a referral, a quote, a software demo, a warehouse tour, or simply an answer to a problem you’re having. We look for “proof” that we’re making a good decision.

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

EazyStock

JUNE 18, 2019

But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition. If you find that you’re treating all items the same (in terms of the stock you hold and the purchases you make regardless of their category) then you probably have inefficient and needlessly expensive inventory policies.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

EazyStock

MAY 11, 2021

But first here’s a quick reminder of what ABC classification of inventory is: ABC Classification Definition. If you find that you’re treating all items the same (in terms of the stock you hold and the purchases you make regardless of their category) then you probably have inefficient and needlessly expensive inventory policies.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

EazyStock

NOVEMBER 19, 2021

But if you don’t carry enough, you face stock-outs and reduced service levels. By definition, a ‘one size fits all’ approach to calculating safety stock will deliver the right amount of inventory for some items, but too much or too little for others. This leads to a stock-out in week four and a number of expensive back orders.

How To 52

How To Inventory Reduction Inventory Optimization Modeling 52

Locus

DECEMBER 15, 2022

If you’re getting continuous WISMO (Where Is My Order) calls in this manner, it is definitely bad news. To solve the delivery exceptions or reduce it, it is necessary to know the reasons. Also, every additional time your vehicle is run to deliver the same order gets added to the expenses. Schedule a Demo. Source: [link].

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Procurement Analytics 52

EazyStock

JUNE 18, 2019

But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition. If you find that you’re treating all items the same (in terms of the stock you hold and the purchases you make regardless of their category) then you probably have inefficient and needlessly expensive inventory policies.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

Transporeon

MARCH 22, 2018

In doing so, the service providers are left with the definition of the threshold values as well as the amount of the discount. This eliminates the need to price in a hedge against low allotments. By referring to the actual order volume, the prices quoted can be calculated more realistically and accurately. #

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48

Locus

MARCH 30, 2023

A few bottlenecks and inefficiencies can make it more expensive and reduce profit margins. This helps you know if your first attempted deliveries are on time and reduce the likelihood of reattempted deliveries. The answer is a definite “Yes”. Final-mile delivery contributes to 53% of the total cost of shipping.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chain Design Software 52