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

EazyStock

DECEMBER 13, 2020

Optimize Inventory. Start with a detailed overview of what inventory is currently in your supply chain. 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.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

The Logistics of Logistics

JUNE 23, 2022

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. Bottlenecks from future COVID-19 variants are possible. We’ve seen how the lockdowns in Shanghai snarled global supply chains. Weather events might also be factors.

Supply Chain Planning Software 445

Supply Chain Planning Software Scenario Planning Cost Reduction Material Savings 445

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

PINC

MARCH 31, 2020

As well as keeping track of inventory and trailer utilization in real-time. Feel free to schedule a demo to learn what our solutions can do for your facility. The post Online Demo appeared first on PINC. Our system is very easy to learn, and your team will start reaping the benefits from day 1.

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Demo Inventory Reduction Cost Reduction Training 52

EazyStock

FEBRUARY 17, 2021

What is Inventory Replenishment? Inventory replenishment is the process of moving stock items along the supply chain to ensure inventory levels are sufficient to cover demand. Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

The Logistics of Logistics

MARCH 18, 2022

As a result, companies can reduce late shipments, inventory carrying costs, pricing discrepancies, and out of stock issues. SourceDay Demo Video. SourceDay automates PO line changes which eliminates manual work with email, spreadsheets, phone calls and text messages. Learn More About The SourceDay Story. Tom’s LinkedIn.

Supply Chain Software 195

Supply Chain Software Manufacturing Procurement Procurement Solutions Optimal Sourcing 195

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. The Importance of Improving your Inventory Turnover. Prioritize your inventory. Reorder smarter.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

Freightos

OCTOBER 22, 2024

But the e-commerce impact on rates and availability this year may have pushed many forwarders and shippers to plan ahead for peak season either by building up inventories earlier than usual or reserving air capacity in advance.

Data 118

Data Freight Capacity Demo 118

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

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. They also cover supplier managed inventory, quality collaboration, manufacturing line collaboration, and asset collaboration.

SAP 115

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 115

PINC

OCTOBER 9, 2019

Learn why the world’s leading brands have chosen PINC Yard Management System and Aerial Inventory Robots (drones). Schedule a demo and learn what our solutions can do for you. The post Online Demo (092019) appeared first on PINC. From A Single Site To The Entire Organization. We’ve Got You Covered.

Demo 40

Demo Inventory Reduction Cost Reduction Inventory 40

PINC

MARCH 31, 2020

As well as keeping track of inventory and trailer utilization in real-time. Schedule a demo and learn what our solutions can do for your facility. The post Online Demo appeared first on PINC. Our system is very easy to learn, and your team will start reaping the benefits from day 1. Would you like to learn more?

Demo 40

Demo Inventory Reduction Cost Reduction Training 40

Locus

JANUARY 9, 2025

Companies relying on lean inventory models or single-region sourcing are particularly exposed. Automate Operations Automating repetitive tasks such as parcel sorting, dispatch scheduling, and inventory management can reduce reliance on human labor and improve efficiency. Chat with our experts and book your demo now.

Supply Chain Software 59

Supply Chain Software Optimal Sourcing Sourcing Strategies Supply Chains 59

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

AIMMS

MARCH 30, 2020

Demo in Network Design Navigator . Study multiple resource utilization what-if scenarios and accommodate your production and inventory plan accordingly. Study 5: Refine Capacity Smoothing (click to view demo and more information) . Study 3: Identify Optimal Sourcing Locations . Ensure Resource Requirements .

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Scenario Planning Supply Chain Design 139

Ship Monk

MAY 25, 2023

What do we mean by distributed inventory? Well, if you’re familiar with Amazon’s practice of adding warehouses all over the country, then you’re familiar with the concept of distributed inventory. Splitting inventory across multiple warehouses used to be something that only huge retailers like Amazon could afford.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Distribution 52

Ship Monk

AUGUST 8, 2022

Any company that sells a product carries merchandise inventory with costs that need to be tracked. Not only will tracking inventory costs help you prevent stockouts, avoid backorders , and optimize inventory ordering costs, it can also help you quickly identify rising costs that directly impact your bottom line. finished goods).

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 52

EazyStock

JUNE 23, 2022

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! This article explores some of the benefits of big data to inventory management teams.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

FreightWaves SONAR

JULY 6, 2021

Elevated import volume, inventory replenishment and capacity constraints are likely to keep the truckload market tight, but it is hard to see a catalyst that will make it incrementally worse from a shippers’ perspective. Request a SONAR Demo. Request a SONAR SCI Demo. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.

White Paper 98

White Paper Demo Replenishment Maritime 98

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

EazyStock

FEBRUARY 7, 2020

Inventory Management, Business Growth & Expanding Product Portfolios. At EazyStock we talk to a lot of small- and mid-sized businesses (SMBs) who are struggling to effectively manage their inventory. In this three-part blog series we’re looking at each of these inventory management problems.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

Ship Monk

SEPTEMBER 19, 2022

Back then you didn’t need to know about holding costs because Mom and Dad let you store your inventory for free. What is Inventory Holding Cost? Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. carrying costs, and needed to learn what those are.

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

Logistics Viewpoints

FEBRUARY 17, 2025

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? Improved inventory accuracy in the warehouse Because of the increases in picking efficiency, workers were freed up for new tasks. DCs inventory accuracy now exceeds 99.5%.

Optimization Software 72

Optimization Software Optimal Sourcing Logistics Network Optimization Software Supply Chain Software 72

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

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

MARCH 24, 2021

With imports continuing to flood the ports and inventories still well below pre-COVID levels, intermodal freight should continue to have a strong year, but there are systemic risks once inventories are replenished and trucking stabilizes. Request a SONAR Demo. Request a SONAR SCI Demo. Epilogue by Jason Vanover).

Cost Reduction 85

Cost Reduction Inventory Reduction Freight Sourcing Strategies 85

Logistics at MPEPS at UPV

MARCH 29, 2023

It’s a 56 rows tables, I’ll just paste a demo screenshot: As a conclusion, I found out that my monthly Mercadona purchase is around 150€, considering that I live alone and take care of all my house chores by myself.

Inventory 52

Inventory Eliminating Excel in Purchasing Purchasing Skills Exercises 52

Ship Monk

SEPTEMBER 6, 2022

One of the most irksome tasks of owning an eCommerce business is keeping track of inventory—not just the number of units, but their costs. Of course there are eCommerce fulfillment software and inventory management systems that can do this for you, but every business owner should know the basics of inventory accounting methods.

Purchasing Skills 52

Purchasing Skills eCommerce Inventory Procurement Solutions 52

Supply Chain Brain

JANUARY 9, 2023

Control towers provide a dynamic, graphic visualization of orders, shipments, inventory and assets across the supply chain, for a single, trusted view shared by all parties in real time.

Demo 52

Demo Supply Chains Inventory Ordering 52

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

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.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Inventory Reduction Inventory 52

FreightWaves SONAR

OCTOBER 31, 2024

From inventory management to transportation planning, being prepared is essential for success. To learn more about how you can utilize SONAR data at your organization, request a demo. At that moment, transportation turns from just a cost center to revenue preservation. 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

Ship Monk

FEBRUARY 17, 2024

We’re talking about tasks like making sure your inventory is stored safely where it needs to be and that you have enough of it to fill orders. We’re talking about B2B fulfillment and multichannel direct-to-consumer fulfillment and having the systems to manage the flow of inventory as well as the flow of inventory. It’s a lot.

3PL 105

3PL Logistics Network Optimization Software eCommerce Supply Chain Software 105

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

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

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