article thumbnail

L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Orbit Chart for L’Oréal at the Intersection of Inventory Turns and Operating Margin.

article thumbnail

AI in the Food Industry: Case Studies, Challenges & Future Trends

ThroughPut

As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! Detection of nutritional constituents and allergens in food, optimizing routes and schedules of food delivery, and inventory management are some of the other ways AI is helping the food production industry. billion in 2024.

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 in the Retail Industry: Benefits, Case Studies & Examples

ThroughPut

Every aspect of operations, be it managing the inventory, forecasting demand or fulfilling orders was dependent on human wisdom and intuition. Real-time visibility was lacking, be it in warehousing or transportation, due to which delivery delays were common. Besides, AI is helping retailers optimize inventory, warehouse and pricing.

article thumbnail

Trying to Push Content Above the Noise

Supply Chain Shaman

The time gave me a good time to reflect and finish the reports that I should have completed in the summer when I recovered from Uterine Cancer. The time gave me a good time to reflect and finish the reports that I should have completed in the summer when I recovered from Uterine Cancer. As I write, I scratch my head.

Gartner 277
article thumbnail

Just-in-time in the Real World of Inventory Management

Unleashed

Just-in-time inventory (JIT) is the antithesis of just-in-case inventory and can be a valuable method of reducing waste and streamlining the supply chain. This means lead times can remain short and they have relinquished the responsibility and associated risks of carrying stock that does not have a purpose.

article thumbnail

Top Mobile Barcoding Case Studies for Oracle’s JD Edwards

RFgen

Mobile barcoding extends Oracle’s JD Edwards ERP to point-of-work with mobile devices and real-time scanning. RFgen extends the power of your ERP to handheld scanners, smartphones, tablets and other mobile devices with real-time data exchange. Weight and quality measurements are automatically recorded in JD Edwards in real-time.

article thumbnail

ToolsGroup Acquires Evo for Industry Leading Responsive AI

ToolsGroup

The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supply chain and price optimization solution available. And Evo’s responsive AI gives us an essential ingredient to deliver the autonomous supply chain of the future.