RFgen
JULY 14, 2023
If you are one of the many organizations that use an ERP platform for inventory control, then you already know how powerful this technology can be. This article will walk you through the key stages of implementing a new mobile inventory management system (IMS). Implementing new software is no cakewalk. Let’s dive in!
Unleashed
APRIL 10, 2023
As a result, significant amounts of cash flow remain tied up in unmoving inventory. Converting overstocked inventory into positive cash flow While prevention may be preferable to cure, the reality is that many firms are still stuck with excess stock tying up their cash flow and costing them thousands in storage fees. Look at it fresh.
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SCMDOJO
MARCH 25, 2024
Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy. Courses aim to provide students with theoretical knowledge and practical skills, preparing them for real-world challenges.
Supply Chain Insights
JULY 23, 2017
At this time of year, we find many companies planning workshops to stimulate thinking on building a digital supply chain and igniting next-generation supply chain thinking. Understand inventory write-offs, impact of forecast processes and technology satisfaction in the planning benchmarking. Summer is ending. Forge a strategy?
Kinaxis
DECEMBER 12, 2014
Reason #6 Not effectively managing inventory. A bad decision can result in missed orders, significant inventory, or scrapped materials. By doing this, they could potentially save the company millions of dollars in excess inventory. CPIM is broken out in to 5 modules that each have an optional instructor led review course.
Supply Chain Shaman
OCTOBER 1, 2013
Food manufacturers, over the course of the last decade, have pushed costs and waste backwards in the supply chain. A company that is effectively working a supply chain strategy will have a nice, neat pattern at the intersection of operating margin and inventory turns. Demand is volatile, price is competitive and complexity reigns.
RFgen
APRIL 18, 2023
Overhead swells in direct proportion to misships, adding greater expense for return shipping fees, overnight and same-day ordering, wasted inventory, chargebacks , wages, and loss of customers. Schedule regular refresher courses or workshops to reinforce best practices and keep staff up to date. Look for trends.
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