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16 Cost Reduction Strategies in Inventory Management

Unleashed

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

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Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Customers increasingly want customized solutions, and require specific logistics delivery requirements.

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The Remedy for Disruption in the Medical Device Industry

QAD

Adaptive ERP software developed specifically for the medical device industry can help provide a strong infrastructure so you can be more productive. . Efficient Inventory Management . The investigation concluded that the equipment was lost due to an inefficient inventory monitoring system. .

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Sustainable Supply Chain Management.

ModusLink Corporation

Sustainable supply chain management: The original model of Supply Chain Management follows a linear production that hypothesizes the constant input of natural resources and an unlimited capacity to assimilate waste. When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. Cardwell, D.

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Excel, ERP and Legacy Apps, Oh My! What Technology is Supporting Your S&OP Process?

Kinaxis

It never ceases to surprise me when I hear how many enterprises entrust a mission-critical task to the desktop spreadsheet software Excel®. Consider the Supply Chain Insights report, Research in Review (Nov 2014), that states: “Many companies have five to 30 Enterprise Resource Planning systems and two to three supply chain planning systems.

S&OP 100
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6 Manufacturing Trends to Watch Out for in 2016

GlobalTranz

Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. Manufacturers will seek custom (or specifically tailored) e-commerce solutions. Between 2010 and 2014, the average robot sales increase was at 17% per year (CAGR). Forecasting Demand.

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Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory.