Logistics Bureau

NOVEMBER 16, 2020

Certified Supply Chain Professional : Learn how to develop streamlined supply chain operations. And don’t be afraid to ask their advice on how to start out in the industry. They will accept or reject products, recording the reasons for the decision and making suggestions on how to streamline the process. Marketing Yourself.

Supply Chain Planning Software 98

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FreightWaves SONAR

MARCH 23, 2021

And rather than waiting until things go wrong, shippers, carriers and brokers can apply these seven last-minute thoughts can help bring to light what strictly a business should focus on and how to apply predictive rates to measure the likelihood of improved operations. Download the White Paper.

Resource Reduction 98

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EazyStock

MARCH 17, 2021

In this piece, we’ll take a look at some of the top types of supply chain disruptions, the impacts that they have on your supply chain, how to mitigate whatever risk you can and finally how you can handle supply chain disruptions once they occur and come out on top. Types of Supply Chain Disruptions. settlement.

Supply Chain Planning Software 78

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EazyStock

FEBRUARY 1, 2021

Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory. In each case the future demand forecasting, replenishment and safety stock calculations need to be treated differently. Accurate eCommerce inventory replenishment. Stock level optimization.

Inventory Reduction 52

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GlobalTranz

JUNE 2, 2015

This can also help you decide how to manage new items that are new to your business or to your inventory. You can now see where items are, check the status of shipments, and so much more making this a crucial tool for those that want a hands on look at their supply chain. All of these factors make using big data valuable.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Optimization Software Supply Chains 103

RPA Labs

OCTOBER 28, 2021

Poor utilization and onboarding of homegrown RPA systems and automated tools and systems. Logistics Process Workflow Automation Saves Back-Office Resources and Streamlines Replenishment. All of this growth and expansion becomes easier and more efficient with proper tools and technology.

Supply Chain Software 52

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Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. For example, they can test the effect of increasing or decreasing safety stock levels or changing the replenishment frequency of certain products. come with any of them.

Optimization Software 124

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EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. In this post we’ll look at 6 inventory control techniques that will specifically show you how to control your stock levels, help you optimize your inventory and maximize profits. Understand your demand.

Inventory Reduction 98

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GoShip Blog

DECEMBER 23, 2022

When this happens, many small business owners sell unavailable items on backorder and ship them to the customer after replenishing their inventory. How to Reduce Backorder? The most obvious way to minimize backorders is by replenishing your stock regularly. Out-of-stock vs backorder. Communicate with Manufacturers and Suppliers.

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EazyStock

MARCH 22, 2022

How to overcome demand forecasting challenges. For start ups, spreadsheets can be an efficient, low-cost tool. Alternatively, EazyStock can automatically adjust replenishment parameters, such as reorder points and quantities or safety stock for specific items, increasing your ability to hit service levels or fulfillment targets.

Supply Chain Planning Software 52

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Logistics Bureau

JANUARY 25, 2017

and leverage their supply chain skills and know-how to help them move to employment in that sector. Understanding data and being able to draw actionable conclusions from it, using IT or other tools made available, is a capability of growing importance. Inventory (inventory specialist, vendor-managed inventory/replenishment specialist).

Negotiating Skills 75

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EazyStock

OCTOBER 23, 2020

With accurate demand forecasts that account for seasonality, you can optimize stock levels and make informed decisions on safety stock levels and replenishment rules. How to forecast for seasonal demand. The post How to Manage Seasonality of Demand to Increase Forecasting Accuracy appeared first on EazyStock.

How To 52

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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. 1: Supply chain complexity.

Inventory Reduction 52

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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

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EazyStock

JANUARY 21, 2021

EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment. Signs that you need a more advanced tool for inventory management: Here are eight signs that you need to improve Microsoft Dynamics 365’s inventory management capabilities: Inaccurate demand forecasts.

Inventory 52

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Logistics Viewpoints

JANUARY 25, 2023

Store associates can use RFID for rapid scanning and tracking, see how much of an item is actually in stock, and replenish these items faster. This is part of the larger customer experience tool kit the company has rolled out. This helps retailers decide how to best allocate inventory over multiple sites.

Supply Chain Planning Software 115

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EazyStock

DECEMBER 13, 2021

An inventory optimization tool , such as EazyStock, connects to your existing stock management system and will automate the risk of stockout calculations for you. If you’d like to know more about how EazyStock can support your inventory management processes and help better manage supply chain disruption please request a demo.

Inventory 52

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Logistics Bureau

DECEMBER 19, 2022

Slotting Increases Replenishment Efficiency. If warehouse product slotting increases productivity and efficiency in picking, thereby reducing warehouse costs, it stands to reason that it does the same for replenishment and put-away activities. Productivity improvements in picking, replenishment, and put-away.

Production 98

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SYSPRO Smarter ERP

FEBRUARY 22, 2024

Here’s how to do it: Label aisles, rows and bins with floor or overhead placards so employees can identify the correct location quickly and easily. You can set up your system to match how your operators physically work. You know immediately when a pallet is removed (a powerful tool for preventing theft).

Manufacturing Procurement 116

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EazyStock

JANUARY 14, 2020

But unfortunately for inventory management teams, ERPs often lack functionality when it comes to more sophisticated inventory planning and replenishment requirements. Stock planners are often confronted with telltale signs that they need further automation to improve demand forecasting, optimize stock levels and automate replenishment tasks.

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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

EazyStock

JUNE 23, 2021

Luckily, inventory optimization tools , such as EazyStock, have the functionality to help. If you’re interested in a demo showing how BOM functionality works in EazyStock – or what other great inventory management features the system can offer, please get in touch. Automated BOM Inventory Management.

Supply Chain Planning Software 52

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FreightWaves SONAR

DECEMBER 30, 2020

If an enterprise chose to replenish stock based on outdated projections and supply chain KPIs , carrying costs could go through the proverbial roof. How to leverage data-driven systems to add value Freight management parties should leverage data-driven systems to add value by following these steps: Connect them with API and EDI.

Supply Chain Planning Software 98

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ShipLilly

JULY 7, 2020

The customer can still order it, but delivery will only happen once the stock has been replenished. Follow up via email and other communication tools to keep in touch. The post How to Properly Handle Your eCommerce Backorders appeared first on ShipLilly. What is a backorder and why should you care?

eCommerce 40

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Conger

DECEMBER 13, 2022

Update your production tools, resources, and technology, and use automation equipment such as conveyors and AGVs , to improve your capacity. To get started, consider the tools you already use, such as your ERP system, and find the automation capabilities you already have access to but are not utilizing. Quicker stock replenishment.

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EazyStock

NOVEMBER 21, 2019

Deciding How to Handle Outliers. You can set up the tool so that it either allows you to review the flier alerts and make an informed decision about whether to include or ignore the outlier in the future forecast, or you can simply let the system make the decision automatically for you. Take a look at our guide to better forecasting!

Optimization Software 40

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EazyStock

JANUARY 27, 2019

Either they don’t have enough time or human resources to address the challenge or they don’t have the right tools for the job. This dilemma makes it difficult for workers in purchasing or inventory management to decide how to best manage their inventory. Small- and mid-sized businesses (SMBs) often ignore high inventory levels.

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EazyStock

JULY 17, 2020

In our four-part blog series on Coronavirus and its impact on inventory management , so far we’ve looked at how to overcome COVID-19 demand forecasting challenges and improving inventory planning during the pandemic. Here’s some ideas on how to make this happen… Supplier Management in a Post COVID-19 Market.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 52

Logistics Bureau

NOVEMBER 15, 2021

KPIs become an invaluable tool for companies that get this right, guiding improvements to productivity, efficiency, cost, service, and safety. Indeed, there is something of an art to using KPIs effectively, and it’s primarily in the appropriate selection of the right combination of metrics. 1) Speed up the Warehouse. For Picking.

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Stord

APRIL 4, 2022

Integrated Order Management and Inventory Planning “Proper demand planning beyond replenishment plans. There are few tools in the industry that can also utilize what-if analysis to plan for segments of the year - such as seasonality, peaks/valleys based on marketing campaigns, or regional opportunity planning. 2020 sales plus 20%).

Supply Chain Planning Software 78

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SYSPRO Smarter ERP

SEPTEMBER 8, 2021

It may be difficult to decide how to spend a limited budget on new digital technology. A salesperson can automatically replenish stock in the event of shortages by raising a purchase order for stock, or initiate a transfer from another warehouse, or create a job for items to be made. To do this requires access to the right information.

Supply Chain Planning Software 115

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Logistics Viewpoints

AUGUST 7, 2023

If you are implementing a warehouse management system, for example, you scan something, you put it away, you store items, you replenish, you build pallets. Teams will then revert back to their former tools, often times using Excel. Ideally, you wouldn’t want your customer to even know that you implemented a system change.

Supply Chain Planning Software 97

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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

GlobalTranz

MARCH 30, 2018

How to Implement New Warehouse Management Technology Successfully. Distribution centers need to know what is in stock, when it will be replenished, and how often it is being sold. This ensures an adequate safety stock. Focus on visibility.

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EazyStock

MAY 20, 2020

From creating connected teams using virtual streaming and collaboration tools, to increasing productivity with automation despite smaller workforces, to establishing new routes to market via eCommerce. Businesses that want to survive are transforming – and they’re using technology to do so.

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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. Investing in the Right Inventory.

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EazyStock

AUGUST 21, 2020

Any organization looking to lower costs across their supply chain and improve profit margins should therefore start by taking a closer look at how to reduce their stock levels. How to reduce inventory using stock classification. It also helps keep cash flow healthy and has a positive impact on your end of year accounts!

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