ModusLink Corporation

APRIL 27, 2023

Global Fulfillment Innovation Centers on ESG in 2023. Environmental, social, and governance (ESG) and its growing importance in supply chain management is a top priority for global fulfillment managers. Establishing an innovative and effective marketing strategy boosts communication with all involved parties easier.

Inventory Reduction 78

Inventory Reduction Waste Reduction Innovation Optimal Sourcing 78

Logistics Viewpoints

MARCH 27, 2024

Examples of Supply Chain Robots at MODEX 2024 Several exhibitors at MODEX 2024 showcased their innovative solutions for supply chain robotics, demonstrating the diversity and potential of this field. Here are some of the examples that caught our attention.

Analytics Software 214

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American Global Logistics

SEPTEMBER 12, 2023

In today's rapidly evolving business landscape, innovation has become a key driver of competitive advantage. This article explores the importance of innovation in supply chain management and highlights key areas where innovation can revolutionize traditional practices. Recycling and reuse lend themselves to innovation.

Sourcing Strategies 52

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PINC

OCTOBER 29, 2019

More recent challenges, such as the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs, have emerged creating an even more demanding environment. Present and discuss existing and potential cases. appeared first on PINC.

Inventory Management Software 100

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GlobalTranz

JULY 30, 2018

Although blockchain is often related closely to cryptocurrency, it holds great value for use in supply chain management. The technology is an incorruptible ledger, which can be applied to virtually all supply chain processes , ranging from inventory management to shareholder proceedings.

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Aera Technology

OCTOBER 30, 2018

by Kaushal Dave, Vice President of Cognitive (AI) Solutions, Aera Technology The problems that pervade inventory management are well known: Excess inventory languished in warehouses, tying up millions of dollars in working capital. How can we best manage expiring inventory? It’s a losing battle. In fact, they can.

Inventory Management Software 64

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ModusLink Corporation

APRIL 22, 2024

By harnessing the capabilities of a global 3PL partner, companies can unlock new possibilities for efficiency, scalability, and innovation in their electronics assembly processes. End-to-end management of component procurement, inventory management, and JIT delivery.

Electronics 78

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RFgen

SEPTEMBER 27, 2017

For those impacted by the Amazon Effect but not directly competing with Amazon, there are critical lessons to be learned from their continuous drive to innovate inventory management, warehouse automation, and the supply chain of tomorrow. Where to Bury Your Dead Inventory. Hidden Secrets to Amazon’s Success.

Inventory Management Software 52

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RFgen

SEPTEMBER 27, 2017

For those impacted by the Amazon Effect but not directly competing with Amazon, there are critical lessons to be learned from their continuous drive to innovate inventory management, warehouse automation, and the supply chain of tomorrow. Where to Bury Your Dead Inventory. Hidden Secrets to Amazon’s Success.

Inventory Management Software 52

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Talking Logistics

NOVEMBER 3, 2014

The value of peer-to-peer learning and networking was evident at last month’s Ryder Innovate conference — “an exclusive gathering of senior leaders in transportation, logistics, and supply chain seeking strategic insight, new ideas, and thought leadership to improve their supply chain and fleet operations.” Forecasting. Technology.

Innovation 174

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GlobalTranz

FEBRUARY 17, 2016

Keep Safety Stock to a minimum to avoid too much Safety Stock: if not managed effectively, this can add to the money invested in Inventory. In order to avoid excess inventory and keep your business lean, you must understand the pace of movement of each product. Try using a Vendor Managed Inventory (VMI).

Cost Reduction Strategies 120

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RFgen

SEPTEMBER 7, 2018

While these innovations can certainly generate results, there are more effective methods for replicating the technology-centric, streamlined purchasing experience modern consumers find online. Rolling out high-quality inventory management technology is perhaps the first step. What might those be? Technology strategies.

Inventory Reduction 52

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RFgen

SEPTEMBER 7, 2018

While these innovations can certainly generate results, there are more effective methods for replicating the technology-centric, streamlined purchasing experience modern consumers find online. Rolling out high-quality inventory management technology is perhaps the first step. What might those be? Technology strategies.

Inventory Reduction 52

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Supply Chain Shaman

DECEMBER 7, 2023

I believe that the ASCM definition is too reactive and rooted in the traditional, and outdated concepts on risk management. Let me give you an example. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. Today, this is not the case.

Supply Chain Design Software 303

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The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Applying innovation to supply chains, combines innovative technologies like the Internet of Things (IoT), analytics, and robotics to supply chain management to improve performance and meet customer demands. One solution to this problem is centralized distribution and real-time inventory management. As Industry 4.0

Supply Chain Disruption 246

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Logility

MAY 5, 2023

According to Mark Balte, executive vice president of Supply Chain Innovation at Logility, the growing popularity of intelligent digitalization is only part of the story. During times of constant change, this approach creates more flexibility to adopt modern technologies and stability to evaluate inventory strategies without disruption.

Inventory Reduction 130

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RFgen

JANUARY 21, 2016

Innovative inventory techniques go from abstract to concrete in 2016. As retailers study their current warehouse operations, they have to keep one eye on innovations positioned to become industry standards. Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out.

Inventory Management Software 52

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RFgen

JANUARY 21, 2016

Innovative inventory techniques go from abstract to concrete in 2016. As retailers study their current warehouse operations, they have to keep one eye on innovations positioned to become industry standards. Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out.

Inventory Management Software 52

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RFgen

APRIL 12, 2024

Therefore, a strategic approach to managing these costs is not just beneficial but essential for maintaining a competitive edge and financial health. With the aid of automation technology, businesses are able to streamline inventory management and cost control. But we’re getting ahead of ourselves.

Inventory Reduction 77

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Logistics Viewpoints

JANUARY 26, 2024

Emergency vehicles, for example, would be exempt, and the California Highway Patrol could authorize the system’s disabling in certain other cases. The bill mandates that many new vehicles, beginning with the 2027 model year, contain a so-called “intelligent speed limiter.”

Logistics Network Optimization Software 232

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Logility

AUGUST 18, 2023

For example, executives might underestimate the impact of accurate demand forecasting on reducing inventory costs, resulting in insufficient investment in necessary tools and technologies. Yet, if there’s a lack of alignment between supply chain management and executive leadership, it can be challenging to adapt swiftly.

Supply Chain Performance 188

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RFgen

OCTOBER 19, 2015

Innovation is now standard. The price of innovation can be high, though, and supply chain logistics must account for products rapidly introduced into procedures. Innovative products and campaigns. The Wall Street Journal said numerous corporations lose time and resources to innovation plans they simply aren’t ready for.

Innovation 52

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RFgen

OCTOBER 19, 2015

Innovation is now standard. The price of innovation can be high, though, and supply chain logistics must account for products rapidly introduced into procedures. Innovative products and campaigns. The Wall Street Journal said numerous corporations lose time and resources to innovation plans they simply aren’t ready for.

Innovation 52

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Logistics Viewpoints

MAY 11, 2023

By simulating different layouts and testing the efficiency of each one, warehouse managers can identify the most effective configuration to maximize throughput and minimize bottlenecks. Inventory management Another area where digital twins can be beneficial is inventory management.

Modeling 236

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BlueYonder

NOVEMBER 3, 2017

It was an evening based around data science and technologies for innovative decision making. A Mathematical Approach to Optimal Inventory Decisions. The first topic presented a mathematical approach to make optimal inventory decisions: Inventory management, a new look on a common problem.

Inventory Management Software 0

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RFgen

MARCH 24, 2016

That means winning the buy-in of management and leadership is critical to successfully applying a new solution for inventory management , starting with your boss. When decision-makers explore possibilities for companywide innovation, inventory workers must be ready to make their voices heard.

Inventory Management Software 52

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RFgen

MARCH 24, 2016

That means winning the buy-in of management and leadership is critical to successfully applying a new solution for inventory management , starting with your boss. When decision-makers explore possibilities for companywide innovation, inventory workers must be ready to make their voices heard.

Inventory Management Software 52

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Freightos

MARCH 3, 2015

The secret behind the innovation is Google X , a lab whose boss has the job title “Captain of Moonshot”, focused on looking at what everyone thinks is impossible and flipping it on its head. For example, it has already taken hold in online B2C transactions – placing orders and tracking delivery among other things.

Supply Chain Software 120

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RFgen

JUNE 2, 2023

A New Perspective on Inventory Management Inventory management can feel like a constant game of cat and mouse—chasing after ever-changing demand while trying to balance stock levels. As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges.

Inventory Management Software 52

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The Logistics of Logistics

NOVEMBER 8, 2021

New tech-centric competitors entering the market with innovative business models. Many companies, especially manufacturers, utilize a just-in-time (JIT) approach to inventory management. With the delays caused by the pandemic and the port congestion, some JIT practitioners are adding more inventory just-in-case.

Warehousing 229

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BlueYonder

OCTOBER 5, 2023

Technical innovation is a key aspect to this. How can we innovate and differentiate with the customers with our offerings? For example, freight forwarders are extending their service offerings to include e-commerce fulfillment. Bringing on new business is a big focus. LSPs are also focusing on clean operations.

Logistics Network Optimization Software 112

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RFgen

MARCH 5, 2018

It may sound a bit crazy, but an open digital ledger could be the next great innovation driver in the supply chain management sector. For example, an organization may attach a block to a raw material. As a digital ledger solution, blockchain is poised to drive innovation in the supply chain in multiple areas, including: 1.

Supply Chain Planning Software 52

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RFgen

MARCH 5, 2018

It may sound a bit crazy, but an open digital ledger could be the next great innovation driver in the supply chain management sector. For example, an organization may attach a block to a raw material. As a digital ledger solution, blockchain is poised to drive innovation in the supply chain in multiple areas, including: 1.

Supply Chain Planning Software 52

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The Logistics & Supply Chain Management Society

MAY 28, 2022

The Need For Supply Chain Innovation: Why You Should Watch These Four Trends ? Feature Article by Wolfgang Lehmacher – Operating Partner, Anchor Group and Dweep Chanana – Managing Partner, Anchor Group. It is prime time for visibility / inventory management tools and outsourcing. But what will really happen?

Supply Chain Design Software 52

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RFgen

JUNE 29, 2017

Inventory management improvements can lead to operational gains across multiple lines of business. For example, a CIO Review report said that companies that want to apply lean principles in the emerging Industry 4.0 Operations in the manufacturing sector are tightly linked. Production.

Supply Chain Planning Software 52

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RFgen

JUNE 29, 2017

Inventory management improvements can lead to operational gains across multiple lines of business. For example, a CIO Review report said that companies that want to apply lean principles in the emerging Industry 4.0 Operations in the manufacturing sector are tightly linked. Production.

Supply Chain Planning Software 52

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Unleashed

JANUARY 24, 2022

Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory? MRO inventory also includes wearable goods like uniforms and protective gear. Maintenance and cleaning supplies are the most frequently used MRO inventory items, followed by safety equipment and items used for forklift repair.

Inventory Reduction 98

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