Remove just-time-inventory-streamlined-inventory-management
article thumbnail

Supply Chain AI Strategy: Navigating Apparel Industry Complexities

Logility

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. A Deloitte survey highlights the empowerment of executive leadership in managing supply chains, with 56% of leaders having a senior executive at the helm.

article thumbnail

The Case for Real-Time Perpetual Inventory Signals in Manufacturing

ToolsGroup

Once upon a time, the world of manufacturing was a relatively stable place. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. And that’s where real-time perpetual inventory signals come in.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AI Enthusiasm in Fashion – Our Top Three Takeaways From the eP Summit in Florence

ToolsGroup

In addition to cost savings, AI enriches the shopping experience by streamlining content creation and campaign development while mitigating concerns about image rights. Paolo Picazio, Country Manager Italy at Shopify , emphasized that Gen AI is more than just a passing trend; it’s a significant paradigm shift.

article thumbnail

ToolsGroup and Evo: Bringing Prescriptive Analytics and Quantum Learning to Industry-Leading Retail Planning

ToolsGroup

It can ingest massive amounts of internal and external data and process it within the unique algorithmic engine to deliver easy-to-apply recommendations on how to optimize inventory levels, streamline supply chains, and maximize revenues. Why Is the Prescriptive Approach So Effective in Managing Today’s Supply Chain Complexity?

article thumbnail

Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. Let’s take a look at the challenges associated with digital twins and how real-time data systems are changing the game for companies looking to leverage them. Get the insights you need.

article thumbnail

What Does Foreign-Trade Zone (FTZ) Software Do?

QAD

An Introduction to How FTZ Software is Changing FTZ Management for the Better Foreign-Trade Zone (FTZ) management has a reputation for being complex, especially regarding inventory management. US Customs and Border Protection (CBP) requires precise inventory recordkeeping and control.

article thumbnail

Excess Inventory: Causes, Consequences and How to Avoid it?

SCMDOJO

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow.