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How to create a reliable supply chain with effective forecasting and inventory management

SYSPRO Smarter ERP

Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on. Finance can more effectively analyze profitability by examining how costs can be reduced when the business carries less inventory or by optimizing shipping, for example. Managing Inventory.

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7 Cost Saving Tips Every Supply Chain Manager Should Know

3PL Links

Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically. This approach requires advanced planning and reliable forecasting tools, but it can transform inventory into a more fluid, cost-effective part of your supply chain.

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Schneider Electric’s Supply Chain Design Journey

Logistics Viewpoints

One essential tool used by the supply chain team is supply chain design. One key tool they use to accomplish this is a supply chain design solution from Coupa. As Schneider Electric matured with the network design tool, they also found they could drive savings through shipment consolidation.

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The Micro-Carrier Challenge: Building a Reliable and Sustainable Trucking Capacity Network

Talking Logistics

And what’s the role of technology in enabling a better way to build a sustainable and reliable capacity network? Those are some of the questions I discussed with Geoff Turner, Founder and CEO of Choptank , and Prasad Gollapalli, Founder and CEO of Trucker Tools , in a recent episode of Talking Logistics. Choptank and Micro-Carriers.

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Freightliner secures funding for emissions tool

Logistics Business Magazine

Freight operators are actively pursuing ways to decarbonise diesel trains, which is not just a matter of switching to lower carbon energy sources but also operating more efficiently – for example, by operating longer trains that are more energy and emissions efficient.

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The 20 Best HVAC Tools For Field Service Techs

WorkWave

If you’re entering the HVAC industry, you’ll want to make sure you are equipped with the proper tools for success, which range from the basic essentials to those that are nice to have, but not necessarily mandatory. We’ve compiled the below HVAC technician tool list for your reference, so you are never left unprepared. HVAC Hand Tools.

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The Importance of Sustainability Benchmarking

Logistics Viewpoints

The answer is to invest in sustainability benchmarking tools. This sustainability tool goes beyond just a snapshot in time of miles traveled. For example, air shipments are the worst in terms of carbon emissions, releasing 63 times the emissions when transporting goods of the same weight over the same distance.