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Supply Chain Data Management: Making Data Make Sense for Supply Chain Planning

Logility

More time is spent managing information between systems and trading partners, and less on value-added activities. However much of this extended data does not exist in a company’s ERP systems, so often the burden of ensuring this data is clean and consistent falls on the supply chain organization. SCDM is the Answer.

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Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

At the session, we discussed why companies have not made more progress on inventory management. In the case of Apparel and Automotive industries there are slight improvements, but they have shifted inventories to suppliers. Days of Inventory Pre and Post-Recession. We share this data in Figure 3.

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Inventory Management vs Product Information Management (PIM)

Supply Chain Game Changer

What is Product (or Master) Data Management? The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. There is a way to aggregate, organize and clean-up data without all the manual toil.

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How AI is transforming manufacturing Part 2: Inventory management

SYSPRO Smarter ERP

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. With companies producing more and more products worldwide, the issue of keeping track of enormous amounts of parts and materials used in the manufacturing process has grown increasingly complex.

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What you can gain with an inventory management system

Taulia

Inventory management is the term used to describe the approach an organization takes to source, store, track, and sell inventory. For companies that have large volumes of inventory, it is usually advisable to use a dedicated system to manage inventory. What is an inventory management system?

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Tracking Consignment Inventory: A Comprehensive Guide to Best Practices

RFgen

KEY TAKEAWAYS: Consignment inventory is distributed inventory to a retailer from a supplier, without the supplier transferring ownership of the inventory. Accessibility, strong data capture, and ease of use are all critical components when determining what consignment inventory software to use.

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Just-In-Time Management – How to Manage Inventory in 2024

ThroughPut

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.