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How To Jump

Supply Chain Shaman

Last week, I published an article on outside-in planning. The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. The focus is on the platform; in each presentation, the company struggles to answer the question, “What problem do you solve?

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7 Reasons Why You Should Reduce Inventory

SCMDOJO

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

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Why Have We Not Reduced Inventory?

Supply Chain Shaman

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory? I want to believe.

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Barcoding and Inventory Management – the Ultimate Guide

Unleashed

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

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Vendor Managed Inventory (VMI) Explained

Taulia

VMI streamlines inventory management and order fulfillment, benefitting both suppliers and buyers. This article elucidates VMI, starting with a concise definition before discussing the difference between VMI and traditional inventory management. What is Vendor Managed Inventory?

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Are Ghost Assets Haunting Your Inventory Control?

Supply Chain Game Changer

Do You Want Inventory Turnover Breakthrough? Article written for Supply Chain Game Changer by, and permission to publish here provided by, Christina Morrison at [link]. A ghost asset is any asset that meets two conditions: It’s no longer present, working or otherwise usable. Subscribe Here! Email Address.

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Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

Or agreement on the definition of supply chain excellence. As a result, functional excellence anchors action. The focus is on digitization—automating today’s processes—versus rethinking process excellence based on the art of the possible. In this case, the metrics are operating margin and inventory turns.