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The Evolution of Asset Management: Humans, Inventory and the Rise of AI

The Logistics & Supply Chain Management Society

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. People are the most important assets that a business has.

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Metrics that Matter: Inventory Effectiveness

QAD

The effective use of a manufacturer’s inventory investment is an important determinant of the company’s success. Excess and obsolete inventory is a drain on resources, as is excessive safety stock. Managing an Inventory Investment. Managing an Inventory Investment.

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Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

Initially during the pandemic, supply chain managers held more buffer stocks to account for disruptions. but when demand slowed, the pressure to reduce inventory becomes a lot higher. Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started.

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Why Our Goal Should Not Be an Integrated Supply Chain

Supply Chain Shaman

It was also clear to me that transactional data was only one of the feeds to the planning engines (approximately 60% of the data feed, but not the sole source). It is a view of the use of technologies for inventory. Use of Technologies for Inventory. I fought a hard fight and lost. of revenue spent in IT. See Figure 3.

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Gartner Study Identifies Supply Chain User Wants and Needs

ToolsGroup

Source: 2017 Gartner Supply Chain Technology User Wants and Needs Study, Dwight Klappich. For lower maturity companies, Gartner found that most often they consist of a fragmented portfolio of independent SCM IT assets managed vertically by functional silo. This year it included more than 473 people spanning the globe.

Gartner 200
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Online Inventory Management: What it is and Why it’s Important

Unleashed

In this comprehensive guide to online inventory management, we’ll take a look at what it is and why your product-based business can’t do without it. Online inventory management for manufacturers. Online inventory management for retailers. Online inventory management for wholesalers.

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Companies Improve their Supply Chains with Artificial Intelligence

Logistics Viewpoints

A better forecast leads to carrying less inventory while maintaining or even improving service levels. The improvement in forecasting contributed to an increase in service levels by 10% while reducing inventory investment by 20%. At Coupa supplier risk is also flagged for single source or capacity constraints.