article thumbnail

ToolsGroup is positioned as a Technology Leader in the 2023 SPARK Matrix™ for Global Supply Chain Inventory Optimization by Quadrant Knowledge Solutions

ToolsGroup

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. The comprehensive analysis provides strategic information for users to evaluate different provider capabilities, competitive differentiation, and market positions.

article thumbnail

The role of inventory management and inventory optimization in ERP

SYSPRO Smarter ERP

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Getting the Education and Experience to Land a Job in Supply Chain!

Supply Chain Game Changer

Supply Chain Education and Certification – What’s Missing? It can be thrilling to work towards becoming a part of a fast-paced industry that is experiencing rapid growth, but you also need to be prepared with education and experience. Total education bills at this stage of a career can be substantial. Email Address.

article thumbnail

Editor’s Choice: A Cybersecurity Planning Framework

Logistics Viewpoints

This information is then used to develop a risk management strategy that takes into account the potential impact of different types of cybersecurity incidents. This information can help operators prioritize their cybersecurity efforts and allocate resources accordingly.

article thumbnail

[Infographic] 5 Ways STEM Education is Leading the Logistics Industry

GlobalTranz

Here are the five ways STEM education has helped shape the future of logistics. STEM Education Help Increase Accuracy. Thanks to STEM education, accuracy of the supply chain flow has improved. For students, logistics is an interesting and challenging field to pursue. Emerging Technical Studies. Cross-Disciplinary Curriculum.

Education 120
article thumbnail

Robots Take Center Stage at MODEX 2024

Logistics Viewpoints

MODEX 2024, held in Atlanta, Georgia, from March 11 to 14, attracted more than 35,000 attendees and featured over 150 educational sessions, keynote speakers, and networking events. The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory.

article thumbnail

Supply Chain AI: Getting Started in 5 Steps

Logility

In one of our recent webinars, a poll showe d 76% of the 100 attendees were in the educational stage of adopting Generative AI in their companies. This phase is often characterized by a range of questions that are challenging to answer, including: How can we trust and validate the information Generative AI produces?