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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

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Inventory Management – Navigating the Trenches Without Losing Sight of the Big Picture

Arkieva

Inventory comes in many forms and flavors; it is the critical element of supply chains that enable a firm to respond quickly and take advantage of scale. However, managing inventory is one of the most. Inventory Management – Navigating the Trenches Without Losing Sight of the Big Picture was first posted on July 22, 2020 at 7:59 am.

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Optimising M&M Spares Supply Chain – LogiSYM August 2020

The Logistics & Supply Chain Management Society

15% decrease in inventory. With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supply chain decisions. 10% increase in both forecast accuracy and revenue.

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Editor’s Choice: It’s time for traditional inventory management to evolve!

Logistics Viewpoints

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. According to recent statistical data, vacancy rates for industrial real estate across North America have been declining since 2020 and reached an all-time low in the third quarter of 2022.

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Inventory Management Avoiding Data Driven Disasters – Targets and Monitoring

Arkieva

Inventory management (IM) is a critical component of any successful organization where the mechanics of measuring and monitoring inventory involve KPIs, dashboards, and data science. Inventory Management Avoiding Data Driven Disasters – Targets and Monitoring was first posted on July 15, 2020 at 9:31 am.

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10 Huge Benefits of eCommerce Businesses for Retailers & Buyers – LogiSYM August 2020

The Logistics & Supply Chain Management Society

No Inventory Cost. Inventory cost is from minimal to zero in online businesses. For business owners who has inventory in hand, it is important of having the sales turnaround so that cash flow can now be more fluid, holding the stock in hand and not selling them are liabilities to the business.

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Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

RPA can automate the uploading of reporting and contract data for transactions from contracts into Transportation Management Systems (TMS) or Enterprise Resource Planning (ERP) systems with greater speed and accuracy. Inventory Management. Regardless of how efficient and effective, all supply chains carry inventory. Procurement.