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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. The Department of Defense began requiring suppliers to use RFID tags in 2005 and many major companies have followed suit. ” My takeaway?

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The Top 100 Logistics Companies with Seth Clevenger

The Logistics of Logistics

Seth is Managing Editor of features at Transport Topics. He plans, writes and edits news features for Transport Topics’ weekly newspaper, supplemental publications and TTNews.com. About Seth Clevenger Seth Clevenger is Managing Editor of features at Transport Topics. He is a 2005 graduate of Miami University in Oxford, Ohio.

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Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. The supply chain has two important buffers–inventory and capacity.

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National Logistics Day 2023

Enterra Insights

The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] Logistics also creates jobs in the transportation industry, helping to stimulate economic growth.”

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Where Do We Go From Here? Taking a Look at the 2016 State of Logistics Report

GlobalTranz

Instead, annual transportation costs rose continued to rise by 5.5 Transportation and Storage Cost Insights From the 2016 State of Logistics. Changes in transportation and storage of inventory costs made up significant portion of the 2016 SOL. Overall transportation costs rose by 1.3 made up only 7.85

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Six Sigma Tools and Inventory Management

EMERGE App

At first glance, there may not be much synergy between Six Sigma and inventory management. Next, we’ll explore whether it is still relevant today and what it means for inventory management. Finally, we’ll finish by exploring Six Sigma methodologies and tools used in modern Lean Six Sigma and Lean Inventory Management.

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Getting Ready for 2017: Reflections on Telling Lies

Supply Chain Shaman

This research, released in 2005, gives a compelling view of a metrics hierarchy. In a nutshell, the research states there is a correlation between cost, inventory, and forecast performance. In my work I encouraged companies to improve their demand forecasts and advocated, that if this happened, overall performance could improve.