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Gain a Leading Edge in Inventory Management through Digital Transformation

DELMIA Quintiq

The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. From Vilfredo Pareto’s 80-20 principle to just-in-time and pull-based manufacturing, minimizing excess inventory has been a continuous quest—spurred on by the Fourth Industrial Revolution or Industry 4.0.

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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

While implementing SCaaS poses challenges, it has demonstrated its effectiveness across industries, fostering company growth, cost reduction, and leveraging cutting-edge technology. SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service.

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Creating a Culture That Engages and Retains Warehouse Employees

BlueYonder

Many workers are moving from other industries to warehousing, creating an opportunity for employers in this space. In an environment of low employee availability and high demand, job seekers are looking for the best opportunity. While interest is high for warehousing roles, the challenge of retention exists.

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. Demand forecasting should be tightly integrated to an inventory optimization application. Some suppliers of demand management software can also provide excellent forecast benchmarking for selected industries.

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My Take: Let’s Admit Seven Demand Management Mistakes of the Last Decade

Supply Chain Shaman

After two decades of process and technology refinement, excellence in demand management still eludes supply chain teams. In our research at Supply Chain Insights, we find that demand planning is the most misunderstood of any supply chain planning application. Teams are also confused on the process.

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Here’s How SKF Clinched the Gartner Supply Chainnovator Award with Digital Twin

ToolsGroup

ToolsGroup extends congratulations to SKF, which edged out tough competition from other finalists Shell Lubricants and Siemens to win the 2020 Gartner Supply Chainnovator Award in the Industrial category. 2 Industrial Supply Chainnovator Finalists 2020: Enabling Analytics at Scale. Staying in the lead requires self-disruption.

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Inventory Management Best Practices for Tech Companies: Knowledgeable Insights by ModusLink

ModusLink Corporation

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices.