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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.

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

ModusLink Corporation

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. They represent distinct facets of the broader logistics and operations landscape.

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

ModusLink Corporation

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. They represent distinct facets of the broader logistics and operations landscape.

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Three Logistics Imperatives for Managing Uncertainty in 2022

Logistics Viewpoints

After experiencing an incredibly challenging two years in the global logistics industry, I think we can let go of any expectation that the supply chain landscape will ever return to “normal.” By that, I mean that extreme uncertainty on both the demand and the supply sides will continue for the foreseeable future.

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

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Ann Grackin: Is the Crisis in Demand Management Being Exacerbated by Spreadsheet Dependency?

Logility

Demand management has always been at the top of supply chain professionals’ list of challenges. All these moves have added complexity to the demand planning challenge. They had faster turns, lower inventory, and better customer service. We were making progress. I think so. They were also more productive.

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Speed up your eCommerce Business with Inventory Management Software

Vinculum

Inventory management plays a vital role in building a sustainable, scalable and profitable eCommerce business. No matter how expert you are, how bigger or smaller your business may be, what products you sell, or who do you serve, lack in your inventory management can bring bigger challenges in your business success.