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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. Dynamic Pricing If you want to adjust the prices of your products dynamically, AI tools are the best.

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IT Procurement: How to Purchase IT Products and Services Effectively

Precoro

Strong companies depend on a range of hardware and software solutions to support key business processes like customer service, financial management, and supply chain operations. This article encompasses the best practices for planning and executing successful IT procurement strategies. What is IT procurement?

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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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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

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. I found the topic–so simply expressed–required deep thought.

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Surgery Center Case Study: Less Time at Computer, More Time in OR

Hybrent

“When I would get ready to place orders, I‘d have to go to each of four different departmental supply rooms, manually check the number of supplies in inventory and write down what I wanted to order,” Crow explains. Springhill switched from its “old school” handling of materials management to the Hybrent solution. Request a Demo.

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Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.