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Inventory Obsolescence: It Can Get Complicated

ToolsGroup

The knack in today’s innovation economy is to understand how the value of a particular SKU deteriorates or its costs increase so that profit erosion can be factored into inventory optimization calculations. According to Nucleus Research, in its July 2015 Research Note , companies can optimize inventory using the right algorithms.

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Trends 2019: Food

Enterra Insights

Food preferences, like fashion, change with each new generation. Understanding how tastes are changing is important for people in the food industry, the hospitality sector, agricultural, and the consumer packaged goods sector. George Bernard Shaw once stated, “There is no sincerer love than the love of good food.”

Food 100
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Supplement Recall Creates Bad Press for Health Industry

RFgen

In their rush to stand out in an ever-growing marketplace, businesses may exaggerate the benefits of their products or lose sight of their inventory management policies. This is a recent example of why this industry must prioritize inventory management to provide the safety and health benefits its consumers demand. Supplement Recalls.

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Supplement Recall Creates Bad Press for Health Industry

RFgen

In their rush to stand out in an ever-growing marketplace, businesses may exaggerate the benefits of their products or lose sight of their inventory management policies. This is a recent example of why this industry must prioritize inventory management to provide the safety and health benefits its consumers demand. Supplement Recalls.

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What is Supply Chain Compliance and Why is it Important?

AB&R

In addition, several agencies such as the Food and Drug Administration (FDA) require unique device identifiers (UDI) usually in the form of barcodes to contain information such as manufactured date and lot number to provide traceability. Massachusetts. Mississippi. New Hampsire. New Jersey. New Mexico. North Carolina. North Dakota.

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This Week in Logistics News (November 11 – 17)

Logistics Viewpoints

Oklahoma Sen. With all that strength, Titan’s first task will be to carry larger, bulkier items like small household appliances or pallets of pet food and gardening equipment. LSEG Workspace, a financial news and data platform, calculated inventory turnover ratios of 30 major U.S. “Stand your butt up!” retailers for Reuters.