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Your Guide to Understanding & Minimizing Inventory Costs (with Formula)

RFgen

Managing inventory costs is a constant struggle. Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Managing inventory costs is important because high inventory costs can erode the bottom line.

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Give Analytics A Chance

Supply Chain Shaman

Warehouses are full and shelves are empty. Containers wait at each ship node for the chassis. Container inventory is imbalanced. We cannot change things overnight, but there are some steps that we can take through the use of advanced analytics. Fourteen of twenty-eight industries have rising inventories.

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Give Analytics A Chance

Supply Chain Shaman

Warehouses are full and shelves are empty. Containers wait at each ship node for the chassis. Container inventory is imbalanced. We cannot change things overnight, but there are some steps that we can take through the use of advanced analytics. Fourteen of twenty-eight industries have rising inventories.

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4 Ways to Enhance Warehouse Efficiency with Prescriptive and Predictive Analytics

Logistics Viewpoints

In today’s fast-paced and competitive business landscape, optimizing warehouse operations is crucial for achieving operational efficiency. Predictive and prescriptive analytics have emerged as valuable tools that enable warehouse operations managers to streamline processes, minimize costs, and enhance productivity.

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Primer for Control Layer Technology Platforms Applied to Warehousing and Customer Fulfillment Processes

Supply Chain Matters

Supply Chain Matters provides a first installment in a four-part technology market education series where we address the evolving use of Cloud based control layer technology platforms applied to warehousing and customer fulfillment processes. This initial posting provides readers with an overview and primer for this type of technology.

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Robots Take Center Stage at MODEX 2024

Logistics Viewpoints

From autonomous mobile robots (AMRs) to collaborative robots (cobots) to industrial robots, robots are transforming the way goods are moved, stored, picked, packed, and shipped. The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory.

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10 Best Inventory Management Books

EMERGE App

Inventory management is a tough task, especially when you’re starting out. There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market. Best Inventory Management Books of All Time: 1.