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Supply Chain Inventory Optimization – Beyond the Analytics

GlobalTranz

It is easy to make analytics the cornerstone of warehouse and distribution center management. While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes.

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Warehouse Management Analytics: What You Need to Know

GlobalTranz

Customers now have access to anything their hearts desire, and inventory management has become a new animal. The right application of warehouse management analytics can enable significant growth for companies, forced to focus on smaller package sizes, not the pallets and.read More.

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What are Digital Twins and How Can They Drive Warehouse Efficiency?

Logistics Viewpoints

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Physical change (i.e.,

Modeling 236
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The Role of AI in Predictive Maintenance for Automated Warehousing

Invata Intralogistics

In the swiftly changing world of logistics and supply chain management, the advent of automated warehousing stands as a transformative force, offering unmatched efficiency, speed, and dependability in handling inventory. Here’s how AI plays a pivotal role: 1.

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5 Powerful Prescriptive Analytics Examples in Supply Chain

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. Inventory optimization. Warehouse optimization. Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Read about 5 use cases.

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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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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. When it comes to inventory management, each piece must operate as a part of a global integrated system to be most effective.

Modeling 270
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A Supply Chain Leader’s Guide to Managing Disruption With Modern Analytics

But, as leaders know, adapting to change is rarely a simple task and requires a fresh look at existing processes in planning and sourcing, inventory management, warehousing & distribution, and more. 4 use cases that leverage an active approach with supply chain analytics. Download your copy today!