FreightWaves SONAR

MARCH 9, 2021

Unlike waiting on data on freight tenders until the bill is paid, audited, and settled, submitted tender data via EDI or API offers a better way to approach predictive modeling of logistics. Obviously, that’s only one example, but it shows the value of insight and using data that’s available now. . Request a SONAR Demo.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

AIMMS

MAY 22, 2018

For example, we don’t know where the next tsunami or hurricane will hit. You should be able to model unforeseen disruptions, understand their impact, and use prescriptive analytics to put a plan in place that mitigates the negative impact on your bottom line. Let’s consider some examples. Evaluate scenarios quickly and easily.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 73

FreightWaves SONAR

SEPTEMBER 29, 2023

When planning for the future, industry players should thus use insights from commodity-based modeling. For example, as seen in scenario A1, the global unconstrained demand for air cargo will fall by 14% of pre-crisis volumes in the second quarter of 2020 and will not rebound to 2019 levels until around mid-2022.” Consider this.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

EazyStock

DECEMBER 13, 2020

Optimize Inventory. Having a transparent and detailed account of what inventory you are currently holding will help you optimize your inventory levels while allowing you to be responsive to market demand. For example, did you take out a loan through the Paycheck Protection Program ? Improve Demand Forecasting.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

AIMMS

MAY 21, 2018

For example, we don’t know where the next tsunami or hurricane will hit. You should be able to model unforeseen disruptions, understand their impact, and use prescriptive analytics to put a plan in place that mitigates the negative impact on your bottom line. Let’s consider some examples. Evaluate scenarios quickly and easily.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 62

EazyStock

FEBRUARY 17, 2021

A simple way to do this is to use a basic ABC analysis model to divide inventory into: A items – typically sell well and are profitable to the business. Business then typically focus their resources to ensure tighter control over A items for optimal availability, while then considering B items and then C items.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

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. Identifying and Managing Critical Stock During COVID-19.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

Locus

APRIL 29, 2022

Alternatively, even if you plan to operate a hybrid delivery model using a mix of in-house and outsourced fleets, it can be difficult for you to obtain the right fleet mix. This control can be used to optimize operations, reduce costs and improve agility. Schedule a Demo. But you are not alone!

Outsourcing 52

Outsourcing Optimization Software Cost Reduction Logistics Network Optimization Software 52

EazyStock

JUNE 21, 2022

For example, management might have been cautious about adopting cloud-based supply chain solutions due to security concerns over data breaches and loss of irreplaceable data. Cloud computing supply chain solutions operate on a flexible, usage-based model that provides a network, storage, and capacity to be updated or adapted faster.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

Locus

JUNE 23, 2023

At this stage, businesses check if items are safe and secure and if the inventory levels are accurate and optimized for better space. In-house In-house order fulfillment, also called self-fulfillment or merchant fulfillment, is a model in which businesses manage order fulfillment activities with their internally owned resources.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Ship Monk

JUNE 8, 2022

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. Obviously, this is an extremely simplified example. What is the EOQ Formula? holding cost per blanket.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 52

EazyStock

FEBRUARY 7, 2020

Reducing stock levels to carry more lines (without accurate forecasting and inventory optimization tools) can lead to stockouts and expensive backorders or rush orders from suppliers. A build-up of excess inventory and obsolete stock as social trends and technologies quickly change and forecasting models fail to keep up.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

AIMMS

JUNE 26, 2015

There was a tremendous amount of energy in the office as our R&D and engineering teams worked hand in hand with Höegh and Ab Ovo to develop optimization apps leveraging the new AIMMS Web UI. I sat down with Christian to learn how Höegh is using optimization to transform their operations and to get his impression about the AIMMS hackathon.

AIMMS 83

AIMMS Workshop Supply Chain Planning Software Optimization Software 83

Locus

JANUARY 2, 2023

We will use the same example. And this requires you to invest in route optimization software for effectively planning tasks. Optimal utilization of workforce. If optimal utilization of the workforce is your primary goal, then forward scheduling is the best option. Schedule Demo. Flexible delivery time.

Material Savings 52

Material Savings Inventory Reduction Resource Reduction Optimization Software 52

EazyStock

MAY 11, 2021

We’re going to use Frank’s Fasteners business as the example: 1. However, there are limitations of the model. Adding another level of insights to your inventory classification model allows you to make more informed ordering and stocking decisions. Use an inventory optimization tool to automate the process.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

EazyStock

NOVEMBER 19, 2021

Let’s introduce Mary’s Plumbing Warehouse as an example. For example, Mary may end up with unnecessarily large amounts of capital invested in excess stock of Showerhead C, whereas she could easily run out of Showerhead B. This basic approach is easy to set-up and manage, but often leads to stock imbalances.

How To 52

How To Inventory Reduction Inventory Optimization Modeling 52

EazyStock

OCTOBER 31, 2022

Analyze your data and prepare an initial statistical forecast You can use various forecasting models for demand planning, and you must choose the models that best suit your business needs. For example, market growth potential and the percentage gain of market share over a set period. How can EazyStock help?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

You can use various forecasting models for demand planning, and you must choose the models that best suit your business needs. For example, market growth potential and the percentage gain of market share over a set period. EazyStock is inventory optimization software that connects to your ERP system to support demand planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

WorkWave

JULY 28, 2024

For example, lab specimens need to be carefully transported to avoid any contamination or spoilage. GET A FREE DEMO 2. Utilize search engine optimization (SEO) techniques to improve visibility in search engine results — more on this in step nine! Start Using RouteManager!

Material Savings 52

Material Savings Optimization Software Logistics Network Optimization Software Cost Reduction 52

WorkWave

JULY 28, 2024

For example, lab specimens need to be carefully transported to avoid any contamination or spoilage. GET A FREE DEMO 2. Utilize search engine optimization (SEO) techniques to improve visibility in search engine results — more on this in step nine! Start Using RouteManager!

Material Savings 52

Material Savings Optimization Software Logistics Network Optimization Software Cost Reduction 52

Ship Monk

JULY 27, 2022

Demand forecasting helps you: Optimize inventory Align with your operational strategy Analyze demographic and product trends Surprise and delight customers Protect yourself against financial risks Prepare for peak season. Now, let’s go over the basics of setting up a demand forecasting plan that optimizes your business growth.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Locus

JUNE 21, 2022

Everything from your grocery delivery in a matter of minutes, to the television set you purchased online that was delivered with utmost care is an example of efficient last-mile delivery. Schedule Demo. In 2021, retail e-commerce sales amounted to approximately $4.9 trillion worldwide. trillion in 2025. Talk to our experts!

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Sourcing Strategies Optimization Software 52

EazyStock

JUNE 18, 2019

ABC Classification Calculation Example. We’re going to use Frank’s Fasteners business as the example: 1. However, there are limitations of the model. Adding another level of insights to your inventory classification model allows you to make more informed ordering and stocking decisions.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

Blue Grace Logistics

JUNE 21, 2018

Transportation Management Workflow may be defined as a supply chain workflow that connects and links the various parties involved along the chain from, for example, the seller’s warehouse to the buyer’s warehouse. These analyses can help you optimize your supply chain process and also provide overall cost reduction.

Cost Reduction 50

Cost Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 50

Locus

MAY 25, 2022

Take last-mile deliveries for example. Implement fast shipping with alternative order fulfillment models. Example: An operation manager manages order fulfillment for two different delivery zones — Zone A and Zone B. Try a demo with Locus now! Schedule a Demo. And how they have been changing! 2021, Statista.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

EazyStock

JUNE 18, 2019

ABC Classification Calculation Example. We’re going to use Frank’s Fasteners business as the example: 1. However, there are limitations of the model. Adding another level of insights to your inventory classification model allows you to make more informed ordering and stocking decisions.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

GlobalTranz

JULY 20, 2015

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. Schedule a demo today ! And the nerve center of any such operation is the warehouse.

Reverse logistics 105

Reverse logistics Supply Chain Planning Software Optimization Software Modeling Software 105

Ship Monk

NOVEMBER 14, 2022

For example, if you sell fuzzy socks, you’ll likely have ardent fans in New England, but the gift buyers down south will want to be in on it too when the weather starts getting a little cooler. By knowing the best fan base to target, you’ll perfect your marketing strategy and optimize your sales. #4 Part 2: Tips for Peak Season 2022.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Talking Logistics

MAY 22, 2018

He pointed to Estonia as an example: Estonia is a great example of what can happen with a concept like blockchain if you’re able to start with a clean sheet of paper. Optimize dock schedules in real-time based on the real ETA of a truck, or even more exciting, based on the demand for the products in the truck.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Software Production Logistics Network Optimization Software 73

Ship Monk

MAY 19, 2022

Sometimes the vendor can give projections of when the item will be back in stock and shipped, for example: “Won’t Ship Until July,” “Won’t Ship for 10 Business Days,” etc. In order to set you up for success, logistics companies can: Optimize warehouse layouts so bins and SKUs are easy to find. Contact us or demo our software today.

Supply Chain Planning Software 52

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

247 Customs Broker

JANUARY 9, 2019

Gradually, Tipton says, the industry is shifting from viewing lift trucks as a commodity to seeing them as a capital expenditure that requires ongoing investment to achieve optimal results. “To You really have to be careful when you sub-optimize a certain process. A secondary checklist, for example, takes just two minutes.

Supply Chain Planning Software 28

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Modeling Software 28