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FIFO Fundamentals Critical for Inventory Management & Business Success

RFgen

In inventory management, the FIFO (First-In, First-Out) method takes center stage, offering a performance of unmatched clarity and efficiency in the world of stock control. Imagine your inventory as a flowing river, where the oldest water—your earliest products—moves forward to be used first, ensuring nothing stagnates or loses its relevance.

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Critical Supply Chain Planning Capabilities Needed to Survive the COVID-19 Pandemic and Future Supply Chain Disruptions

Logility

For the first time in history, shelves of stores across the globe that sell food, beverage and other fast-moving consumer goods (including toilet paper, hand sanitizer and cleaning products) are nearly empty. Looking back a few months, no one could have predicted the current state of the global supply chain.

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Ultimate Guide To Technologies That Are Transforming Supply Chains

The Logistics & Supply Chain Management Society

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Inventory optimization: Coupled with demand forecasting, predictive analytics enables warehouses and DCs to optimize inventory levels.

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Data-driven decision making in beer manufacturing [expert Q&A]

Unleashed

Craft breweries have particular inventory and accounting needs. Right now we have clients across the United States and in a couple of other countries as well and really focus on serving the beer industry at a very deep expert level. What are the key KPIs breweries should monitor for operational excellence? Photo: Elevate.

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50 expert tips on supply chain management

6 River Systems

Building supply chain resilience isn’t a new goal, but it’s become a primary focus for supply chain leaders in the wake of the pandemic crisis, particularly in the hardest-hit industries, such as food and beverage. They increase their perfect order rate by 20% to 40% and customer satisfaction by as much as 30%.

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Freeports: The 2022 Guide

Unleashed

We answer all these questions and more – including how inventory management software will help you manage your supply chain for your freeport warehouse or factory. This helps to improve cash flow cycles and facilitate just-in-time inventory control. In this 2022 guide to freeports: What is a freeport?

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Ultimate guide to technologies that are transforming supply chains

6 River Systems

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Inventory optimization: Coupled with demand forecasting, predictive analytics enables warehouses and DCs to optimize inventory levels.