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AI in the Retail Industry: Benefits, Case Studies & Examples

ThroughPut

Every aspect of operations, be it managing the inventory, forecasting demand or fulfilling orders was dependent on human wisdom and intuition. Besides, AI is helping retailers optimize inventory, warehouse and pricing. AI-driven robots help improve in-store inventory tracking and management.

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AI in the Food Industry: Case Studies, Challenges & Future Trends

ThroughPut

Detection of nutritional constituents and allergens in food, optimizing routes and schedules of food delivery, and inventory management are some of the other ways AI is helping the food production industry. Food companies, especially dealing in perishable products can adjust their production and drive efficient inventory management with AI.

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Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

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Judging Supply Chain Improvement: Campbell Soup Case Study

Supply Chain Shaman

We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement. Resiliency is the tightness of the pattern, or the reliability of operating margin and inventory turns results.

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Optimization and Execution: How Manufacturing can lead the Industry Renaissance

DELMIA Quintiq

Planning & Optimization Specifics: Planning, scheduling and optimizing production considering ALL constraints: material, capacity, labor skills, tools and setup. Thanks to material synchronization and optimal planning, inventory reductions of 40% or more have been achieved and cycle times reduced by up to 50%.

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Electronics Kitting and Assembly with 3PL Solutions

ModusLink Corporation

End-to-end management of component procurement, inventory management, and JIT delivery. Dynamic inventory optimization to minimize lead times and reduce costs. Scalable production capacity to accommodate fluctuations in demand. Skilled workforce trained in the latest assembly techniques and quality standards.

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16 Cost Reduction Strategies in Inventory Management

Unleashed

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that