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Getting Inventory Right: Hope with Hype and Recycled Software?

Supply Chain Shaman

In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. In the research for my inventory optimization report, the lowest level of satisfaction with multi-tier inventory optimization is with clients of the SAP inventory solution (previously purchased from SmartOps).

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Lifting The Gray Curtain

Supply Chain Shaman

This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). We started the pandemic with twenty-one more days of inventory than we had in 2007. When I asked about the use, the response was: “ We don’t use it.

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Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. Machine learning and big data analytics augments critical roles in supply chain efficiency, problem solving and cost saving. Pricing decisions can be integrated with demand and supply planning.

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Top Automotive Mobile Barcoding Software Success Stories

RFgen

The automotive industry manages complex inventories in addition to facing vast outside pressures. Inventory management shouldn’t be a nightmare. Inventory management shouldn’t be a nightmare. Automating inventory processes can help reduce overhead costs and increase customer satisfaction for good. Read the Full Story ».

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Will Warehouses Eventually Go Dark?

Enterra Insights

These growing expectations have put pressure on retailers to locate inventory closer to large consumer populations. According to Patrick, the right kind of warehouse is big and technologically advanced. Today’s warehouses are 143% larger than they were in 2007. The Internet of Things and Big Data.

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Managerial Practice Will Need to Catch up with the Emergence of Real-time Supply Chains

NC State SCRC

Working capital is generally in the form of inventory, which is an asset that doesn’t produce any revenue or cash. A metaphor is that of reducing friction, which increases flow, where friction includes all of the typical delays and problems that slow material flows and increase inventory.

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Top 2016 Supply Chain Strategy Posts from the Supply Chain Link Blog

Arkieva

Arrange your inventory based on how often you need to use it. View the full post or view the snippet below: Over the last 5 years, I have seen many companies launching inventory reduction programs. Our definition of Sales Inventory and Operations Planning (SiOP) at Solventure contains the following steps: Read More ».