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AI-Tuned Pricing and Inventory Strategies are the Way Forward for Retailers

Supply Chain Brain

By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. AI can help. The company says its new approach uses agentic AI to transform consumer feedback into profitable retail growth strategies.

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AI Software for Spare Parts Inventory Management: Why You Should Care

ThroughPut

Managing spare parts inventory has always been a delicate balancing actexcess inventory ties up capital, while shortages risk costly downtime and production delays. When a critical part is not available at the right time and/or in the right place, it can halt production lines, delay maintenance, and incur millions in unplanned costs.

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What Contractors Need to Streamline Procurement in 2025

IT Supply Chain

What Contractors Need to Streamline Procurement in 2025 By Ian Summers (pictured) Content Writer 111 Views You’re on-site before dawn, the framing crew’s ready, but the steel shipment’s stuck in limbo, the invoice isn’t approved, and your project management app just pinged you for the fourth time.

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Selling Into the EU? Time to Start Preparing for the Digital Product Passport

Supply Chain Brain

Bowman, SupplyChainBrain The European Union is on the verge of rolling out a reporting regulation that promises to have a huge impact on businesses selling into the region. The DPP “represents a significant advance in product transparency and sustainability,” according to an EU report published in September of 2024. “As

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Why Communication Is Key to Manufacturing Success

IQMS

When we think about the critical requirements for a manufacturer to succeed, productivity, quality, and inventory management immediately jump to mind. For example, the comparison of a new order to available inventory may lead to a request for an expedited purchase of materials. Design-Through-Manufacturing Efficiencies.

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The Journey of Enterprise Resource Planning (ERP) in Manufacturing

Jaggaer

It evolved from material requirements planning (MRP) and later manufacturing resource planning (MRP II), which were already being used in manufacturing industries to manage production and inventory. It further strengthened its position in procurement and supplier networks with the 2012 acquisition of Ariba.

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Survey: Consumers Are Reviewing Food Labels More Closely as Grocery Prices Rise

Supply Chain Brain

adults expect to pay more for food this summer compared to last summer due to inflation, and nearly half (47%) expect to pay the same, suggesting 80% report feeling no relief from high grocery prices. consumers, conducted for QR code company, GS1 US , found that 33% of U.S. The survey, released June 23, also found that U.S.