Remove Electronics Remove Inventory Remove Procurement Solutions Remove United States
article thumbnail

Inventory is Everything with Jeff Flowers

The Logistics of Logistics

Jeff Flowers and Joe Lynch discuss why inventory is everything. In 2016, Jeff partnered with Franklin Young to purchase PTI Security, a leader in Physical Access Control and with support from Source Capital, an Atlanta based Private Equity firm. Key Takeaways: Inventory is Everything. About Jeff Flowers.

article thumbnail

Taming Supply Chain Bullwhips with Artificial Intelligence

Logility

Taming Supply Chain Bullwhips with DemandAI+ Bullwhip effect is a common term used in supply chain to describe how a small change in consumer purchasing pattern or a change in any demand pattern that can cause significantly large impacts to supply. Excel-based tools lack these capabilities. Ready to get started? Contact us.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Value-Based Purchasing in Healthcare Explained

Precoro

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). In the past 15 or so years, the US, which is known for its complicated and expensive healthcare system, has taken some steps towards value-based purchasing.

article thumbnail

Barcoding and Inventory Management – the Ultimate Guide

Unleashed

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

article thumbnail

E-commerce and the Digital Path to Purchase

Enterra Insights

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance.

article thumbnail

FIFO Fundamentals Critical for Inventory Management & Business Success

RFgen

In inventory management, the FIFO (First-In, First-Out) method takes center stage, offering a performance of unmatched clarity and efficiency in the world of stock control. Imagine your inventory as a flowing river, where the oldest water—your earliest products—moves forward to be used first, ensuring nothing stagnates or loses its relevance.

article thumbnail

Reverse Logistics – What Happens to Stuff We Return?

Operations and Supply Chain Management

Brick-and-mortar stores also allow shoppers to return unwanted purchases. Last year, I attended a three-day conference in Las Vegas conducted by the Reverse Logistics Association, a trade group whose members deal with product returns, unsold inventories and other capitalist jetsam. Petco takes back dead fish,” Demer said.