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MRO Inventory: What It Is & The 10 Best Practices to Manage It

Unleashed

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

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One Multinational’s Supply Chain Transformation Journey

Logistics Viewpoints

For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We Customization is provided for 5 different supply chains (for example, make-to-order, make-to-stock, etc.) across 17 different segments and customer personas.

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What is Lead Time? Definition & How to Shorten It

Unleashed

In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery. It includes everything from the procurement of raw materials to production, inventory management, and shipping.

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7 Strategies to Improve Your Supply Chain!

Supply Chain Game Changer

Strategies to improve your Supply Chain article and permission to publish here provided by Claire Glassman. The supply chain is a significant part of your overall business strategy and inventory management. For example, if you’re doing business with Chinese vendors, you might want to plan your purchase order timing.

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Reverse Logistics: What is it, and Why is it So Important?

Unleashed

3 examples) What are the challenges of reverse logistics? For example, any agreement that includes a clause for the repair, maintenance, refurbishment, remanufacturing or recycling of goods and/or materials will involve a reverse supply chain. 3 examples) 1. What steps make up the reverse logistics process?

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The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

In February 2022, I wrote the first of a five blog series using the name Intelligent IBP. The launch of a Decision Intelligence (DI) definition by Gartner later in 2022 further cemented my believe that this new discipline will become mainstream. And artificial intelligence (AI) and intelligent agents will be part of the solution.

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Jumpstarting Your Journey Toward Digital Transformation in MRO for Manufacturers

RFgen

There are maintenance technicians to direct, labor to allocate, assets to keep track of, spare parts inventory to worry about and supplier networks to maintain. For example, most operations need a mobile work order management solution that techs can take and use in the field and on-site. M is for Maintenance.