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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. In this article, we will focus on inventory and people as assets.

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The Leadership Retention Crisis in Fleet Operations, and Why It Matters to the Supply Chain

Supply Chain Brain

Fleet managers who have the training and time to focus on preventive maintenance and asset management keep vehicles on the road longer and reduce unplanned expenses. Spreading responsibilities across a team and providing administrative support can prevent burnout and improve retention.

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Companies Improve their Supply Chains with Artificial Intelligence

Logistics Viewpoints

But if there was any silver lining it was that companies that made use of planning systems that combined demand sensing – the use of multiple, real-time signals (like sales in a particular store or shipments from a retailer’s warehouses to their stores) – and machine learning, had significantly less error. Final Thoughts.

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The Ultimate 2025 Guide to Spare Parts Inventory Software for Operations & Maintenance Leaders

ThroughPut

From overstocking low-use components that tie up working capital, to stockouts of essential parts that delay maintenance and cause costly downtime, traditional inventory management methods are failing to keep up. Obsolete stock, fragmented procurement workflows, and disconnected data only make the challenge harder.

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How Smart CEOs Leverage Supply Chain!

Supply Chain Game Changer

Historically Supply Chain was considered to include Procurement, Warehousing, Freight and Logistics. Apart from Finance, Supply Chain has the preeminent role in Cash management. It clearly manages supplier payment terms and conditions, defining Accounts Payable. My view of Supply Chain is much broader.

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Necessary Steps for Smarter Logistics Planning Optimization. Increase Efficiency and Profits

GlobalTranz

In addition to direct analysis of the quality and effectiveness, such systems also contribute to increasing the efficiency of operations, support management efforts aimed at compliance with service standards, fulfilment of profit, work logistics plans and asset management. receipt of the relevant request.

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Realities and Misconceptions of 4PL Relationships

Talking Logistics

4PLs are an extension of that model going beyond physical logistics to add the elements of Procurement, IT and Finance.”. These include: Procurement: establishing relationships with suppliers and holding the contracts on behalf of the customer. “Now Or what size should my warehouse be and where should it be located?