FreightWaves SONAR

FEBRUARY 2, 2021

Some ways to improve utilization of freight tech stack platforms to improve efficiency in carrier operations throughout their network include: Focus on improving performance through optimization throughout the network. Apply big data through advanced analytics to understand current load rates, including predictive modeling of future rates.

Tips 98

Tips Waste Reduction Cost Reduction Operations 98

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. In a way, this model is a win-win as it saves return logistics costs for retail businesses. How to Improve Fleet Utilization?

Inventory Reduction 98

Inventory Reduction Logistics Network Optimization Software Cost Reduction Optimization Software 98

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. If you know how much your inventory costs to store, per unit, you can determine whether or not a more expensive forecasting technique is worth the potential savings in inventory costs.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

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

AIMMS

MAY 22, 2018

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. Do I know how to quickly find extra capacity, and how to re-allocate demand in a cost optimal manner?

Supply Chain Design Software 73

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

Locus

DECEMBER 4, 2023

Now, with the rise of flexible hybrid work models, as evidenced by a recent Deloitte study showing 66% of India’s Gen Z and 67% of Millennials favoring such arrangements, managing employee transportation has become more complex. Read Also: THE DEFINITIVE GUIDE TO LOGISTICS ROUTE OPTIMIZATION 2.

Optimization Software 52

Optimization Software Optimization Modeling Optimization Transportation 52

EazyStock

FEBRUARY 7, 2020

In this post we’re exploring how to manage inventory effectively when you’re faced with a growing product portfolio. 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. Conclusion.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

MAY 11, 2021

The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management. How to Calculate ABC Classification. Here is a working illustration of how to divide your inventory using annual consumption value. What’s the solution?

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

WorkWave

JULY 28, 2024

GET A FREE DEMO 2. Utilize search engine optimization (SEO) techniques to improve visibility in search engine results — more on this in step nine! This software is specifically designed to optimize routes and streamline deliveries, ultimately saving both time and fuel. Start Using RouteManager!

Material Savings 59

Material Savings Optimization Software Logistics Network Optimization Software Cost Reduction 59

EazyStock

NOVEMBER 19, 2021

For products whose demand is more erratic, higher levels of safety stock are required, but how do you calculate the optimal level? Instead of using historic consumption or sales data to calculate the forecast, they use probability distributions to model demand and account for variance. Average/Max safety stock formula.

How To 52

How To Inventory Reduction Inventory Optimization Modeling 52

AIMMS

MAY 21, 2018

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. Do I know how to quickly find extra capacity, and how to re-allocate demand in a cost optimal manner?

Supply Chain Design Software 62

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

FreightWaves SONAR

FEBRUARY 22, 2021

And it’s critical to know how to apply these practices correctly. . Think about your business model and carrier type. According to Supply Chain 24/7 , “ truckload service optimizes trailer space and moves freight [without extra stops that will] eliminate wasted trips, reducing greenhouse gas emissions by up to 40%.”

Price Reduction 75

Price Reduction Supply Chain Planning Software Waste Reduction White Paper 75

EazyStock

JUNE 18, 2019

The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management. Here is a working illustration of how to divide your inventory using annual consumption value. How to Put your Data to Good Use. What’s the solution?

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

Locus

JUNE 23, 2022

Omnichannel retailing is a business model where retailers sell products through multiple channels in a unified way. When implementing omnichannel retailing, the biggest question that arises for retailers is how to reorganize their last-mile logistics. Schedule Demo. What is omnichannel retailing?

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Modeling Software Optimization Software How To 52

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. So far we’ve discussed how to overcome demand forecasting challenges due to Coronavirus. How to identify stock items that are critical to their business.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

EazyStock

JUNE 18, 2019

The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management. Here is a working illustration of how to divide your inventory using annual consumption value. How to Put your Data to Good Use. What’s the solution?

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

Locus

AUGUST 30, 2024

So, a question arises as to how to make the best out of mid mile logistics despite all these challenges. Top 4 Mid-Mile Logistics Challenges and How to Solve Them 1. This optimization helps cut down travel distances, reduce the number of visits per truck and driver, and enhance overall cost efficiency. Schedule a demo with us!

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimization Software Cost Reduction Resource Reduction 52

Locus

APRIL 26, 2024

More and more companies are looking to digitalization of their end-to-end logistics operations for high efficiencies at optimal costs. How to resolve this conundrum? Should the solution optimize dispatch for captive fleet, or allow you to leverage an asset-light model? How important is customization of the solution?

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimization Software Modeling Software Optimal Sourcing 52

Locus

SEPTEMBER 13, 2022

Retail businesses that need the best of in-house and outsourced fleets are opting for hybrid fleet models. With unexpected volatilities in customer demand and a shortage in capacity, it is getting harder for businesses to find the optimal fleet mix. Else, it is optimal to choose outsourced fleets. Try a demo with Locus now!

Outsourcing 52

Outsourcing Optimization Software Purchasing Skills Optimization Modeling 52

Locus

SEPTEMBER 5, 2022

In the episode ‘How to ace the last mile in India’s subscription delivery business space,’ the panelists spoke about the reasons behind the growing popularity of the subscription-based business model, the challenges to creating customer delight, and shared their views on what makes for success in the subscription industry. “The

Modeling Software 52

Modeling Software Optimization Software Logistics Network Optimization Software Optimization Modeling 52

Locus

JULY 21, 2023

Given that this revolutionary platform is still in its early stages, it remains to be seen how to effectively capture the immense scope of business opportunities. To that end, fulfillment plays a big role as it allows for optimizing your fleet mix of captive fleets, contracted fleets and even outsourcing a significant chunk of operations.

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 52

Locus

JUNE 23, 2023

Read Also: How to Improve Net Promoter Score for Your Courier Company What are the processes involved in Order fulfillment? At this stage, businesses check if items are safe and secure and if the inventory levels are accurate and optimized for better space. Read Also: What Is Economic Order Quantity and What Are Its Challenges?

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Locus

JULY 28, 2022

Planning, managing, optimizing and executing the final-mile logistics operations aren’t possible without delivery management software. They may know how to avoid traffic restrictions and ride smartly in those areas. It is the hows that guide your purchasing decisions. Route optimization. Download Now. Track and Trace.

Optimization Software 52

Optimization Software Modeling Software Definition Logistics Network Optimization Software 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

Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. In sum, AI is a cornerstone of effective stock level optimization in supply chain management.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

EazyStock

OCTOBER 31, 2022

They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Demand forecasting provides the information management teams use to plan how to meet that demand. How can EazyStock help? Is demand planning the same as demand forecasting?

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Demand forecasting provides the information management teams use to plan how to meet that demand. You can use various forecasting models for demand planning, and you must choose the models that best suit your business needs.

Supply Chain Planning Software 52

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

Locus

SEPTEMBER 27, 2022

With Bukalapak being a heavyweight in O2O E-commerce, Malay wanted to know how it makes its procurement process easier and efficient. To make this process super-efficient, they connect large wholesalers with mom-and-pop stores using this IDC model. Schedule a Demo. Challenges that Bukalapak faces in its last mile?

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Modeling Software Supply Chain Software 52

Envase Technologies

JUNE 23, 2023

How to book yard space on-demand How to list yard space and become a SecurSpace Partner Yard What we do to help ensure the safety of your equipment What’s coming for SecurSpace Live Audience Q&A SecurSpace 101: Key Takeaways Let’s dive into the key points discussed during the webinar. Its as simple as 1, 2, 3.

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Webinar Price Reduction Optimal Sourcing Cost Reduction 52

Talking Logistics

MAY 22, 2018

It’s the reason why more than 300 people attended this year’s Shipper Symposium: to learn about the trends shaping the industry and to discuss how to rewrite the rules for success moving forward. 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 78

Supply Chain Planning Software Supply Chain Software Production Logistics Network Optimization Software 78

Ship Monk

JULY 27, 2022

Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! 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.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

WorkWave

FEBRUARY 16, 2024

This vital metric measures how much money you’re actually making after all your hard work zapping bugs and rodents. It’s crucial to understand why profit margins matter and how to calculate them right down to the last cent, so we’ve created this pest control business profit margin calculation guide. If you recall the 13.7%

Expense Reduction 52

Expense Reduction Price Reduction Cost Reduction Vendor Strategies 52

Ship Monk

MAY 19, 2022

Whether they do or not depends on their business model, uniqueness of products, quality of products, the capabilities of their logistics company, and trust that their suppliers can actually fulfill demand in a timely manner. How to Handle Backorders Quickly? Contact us or demo our software today. Should You Offer Backorders?

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. To build a house, is all I need wood and nails? Tipton asks. “To

Supply Chain Planning Software 28

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