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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. There are many.

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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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Complete Guide to Inventory Cycle Counting Best Practices

RFgen

Cycle counting is an essential best practice inventory control in the warehouse. If you handle inventory, then you’re familiar with counting items. Meanwhile, wrong count levels hold back your entire inventory operation. Physical inventory counting vs cycle counting. Manual cycle counts do little to help.

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What if Your ERP Never Gets Out of the ER?

BlueYonder

But the truth is, using a traditional, monolithic ERP to manage inventory and order management for omni-channel and e-commerce is more difficult than your ERP salesperson may have led you to believe. You need Blue Yonder’s microservices. Here’s why. Customizing them to meet your unique business needs is near-impossible.

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AI, Machine Learning and Automation – No Longer Nice-to-Haves for the Modern Supply Chain 

Logility

For example, more than half of today’s companies say they have poor visibility into their supply chain, and 63% say they have no technology to monitor their supply chain performance, therefore those businesses that embrace a digital supply chain management platform will leap over their competition. . Now let’s look at ML.

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Data Optimization Is in the Spotlight at ICON

BlueYonder

One of those urgent challenges is optimal data management — and few people are more qualified to discuss this topic than Frank Slootman, Chairman and CEO of Snowflake , along with Duncan Angove, CEO of Blue Yonder, the leader in end-to-end supply chain management who will share the keynote stage at the event on May 3.

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7 Things To Consider For Efficient Spare Parts Management

SCMDOJO

Ensuring Timely Repairs: Having a well-managed inventory of spare parts ensures quick and timely repairs. Improving Employee Productivity: A well-managed spare parts inventory ensures that employees can swiftly access the components they need.