inventory-optimization-techniques Blog Related Topics 
EazyStock
OCTOBER 20, 2020
Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? What is stock optimization?
AIMMS
JANUARY 20, 2021
Inventory management has always been challenging. Too often, inventory is viewed from an aggregate position, likely driven by finance, who are concerned about working capital implications. Inventory should act as a buffer to adsorb variability and decouple the demand from the supply side of our supply chains. – Tweet this.
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Logility
SEPTEMBER 1, 2023
Demand forecasting plays a crucial role in business success, as it helps predict customer demand and plan inventory effectively. In this beginner-friendly blog post, I’ll explore how AI can improve demand forecasting and highlight the key concepts that will help you understand this exciting field.
Supply Chain Shaman
MARCH 21, 2023
Bloated inventories. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. The larger the number of days of inventory, the greater the cash drag.) Changes in Inventory Year-end inventory values by industry from Y Charts. For additional insights check out a prior blog. )
Supply Chain Shaman
JANUARY 2, 2024
The month of December was my longest writing respite since I started this blog in January 2010. Posting the first blog seems like yesterday, but thirteen years and over 540 blogs later, taking a pause from a weekly deadline was badly needed. Today is a writing day. My last post was December 7th, 2023. ” Figure 2.
Logility
NOVEMBER 17, 2023
These items often exhibit sporadic and unpredictable fluctuations in demand, making traditional inventory management methods less effective. Unlike deterministic inventory models, stochastic replenishment planning acknowledges and quantifies the inherent variability and unpredictability in demand.
Logility
NOVEMBER 30, 2023
The technology encompasses various techniques to learn from labeled or unstructured data to predict or classify based on given data, make decisions or inferences, and train models to perform tasks. Demand sensing Real-time visibility and insights into shorter-term demand enable improved service levels and higher forecast accuracy.
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