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How Manufacturers Can Take Control of Inventory with RFID Technology

QAD

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. Passive Ultra High Frequency (UHF) tags are frequently used to track consumer products. RFID tags can reduce out of stocks by up to 80.3%

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2023 supply chain and logistics management trends

EazyStock

Getting the basics right Improving forecast accuracy Accurate demand forecasts can help you stay on top of inventory and improve strategic planning for different risk scenarios. Poor forecasting brings a high risk of stockouts or excess and obsolete stock. You can read more about demand forecasting techniques in our article.

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2023 supply chain and logistics management trends

EazyStock

Improving forecast accuracy. Accurate demand forecasts can help you stay on top of inventory and improve strategic planning for different risk scenarios. Poor forecasting brings a high risk of stockouts or excess and obsolete stock. You can read more about demand forecasting techniques in our article.

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IoT Benefits for Supply Chain Operations

Enterra Insights

As I have noted in previous posts, the “revolution” has been slowed by security and standardization issues. These solutions can also be used to monitor changes in demand to further customize products and forecast production. Over 76% of early adopters claim IoT solutions are increasing insight into customer preferences.”[5].

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Winter Can Turn All Supply Chains Cold

Enterra Insights

And even airports struggle to operate smoothly despite de-icing systems and advanced forecasting technology.”[2] In this article, I want to concentrate on weather rather than climate change. During winter months, a myriad of factors can contribute to delivery delays, asset loss or misplacement, but most are completely avoidable.”

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Is It a Good Idea to Invest in Hiring a Purchasing Manager?

Precoro

In the article, we look critically at the role of the purchasing manager and discuss how to determine the value of hiring one. Reducing the price on the tag while maintaining the quality is often a crucial market advantage. It lowers the cost of production and, subsequently – prices for the end customers.

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Retail Inventory Management: Basic Steps & Best Practices

Unleashed

This article will help you understand how it works, why it’s so important, and which best-practice retail inventory management techniques can ensure efficient stock control. It involves forecasting, planning, ordering, and storing the optimal amount of inventory for each type of product you sell across all sales channels.