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Dispelling Untruths: 10 Generative AI Myths

Logility

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more.

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Why inventory management should be a company-wide conversation

Kinaxis

by Alexa Cheater Don’t get caught having your company’s inventory management conversation alone! Making the most of one of your company’s largest assets means bringing together everyone involved from the manufacturing floor to the corner office, and focusing on more than just what’s in your warehouse.

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7 Things To Consider For Efficient Spare Parts Management

SCMDOJO

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. Ensuring Timely Repairs: Having a well-managed inventory of spare parts ensures quick and timely repairs. Yet, handling spare parts can be tricky and needs careful planning and execution.

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How to Prevent the Next Semiconductor Shortage

QAD

One of the reasons cited for the shortage was insufficient forecast information to provide adequate planning for the 22 week lead time, which is typical of semiconductor manufacturing. Poor inventory management and lack of full inventory visibility, including inventory held by next tier suppliers.

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How the Semiconductor Shortage Could Have Been Averted

QAD

The Guardian stated : “The technology industry faces a growing shortage of semiconductors and other high-tech components following a failure to invest in new manufacturing facilities during the recession, experts have warned.” Lack of or ineffective periodic review of supplier assessments against customer requirements/policies.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

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Warehouse Automation Definition, Benefits and Issues

SCMDOJO

It can streamline processes, reduce errors and costs, help manage inventory, and improve safety conditions for workers. Warehouse Automation Definition: Warehouse automation uses technology and automated systems to streamline inventory management, storage, and shipping. What is the Warehouse Management system (WMS)?