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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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Understanding Inventory Tax: An eCommerce Merchant’s Guide

Ware2Go

Everything you need to know about inventory tax. Learn which states collect it, its impact on your business, how to reduce it, and how to leverage fulfillment technology to accurately track and control inventory. Understanding Inventory Tax. Is There a Federal Inventory Tax? How Does Inventory Tax Affect My Business?

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The Big Texas Chemical Freeze Raises Issues on Resiliency of the Petrochemical Supply Chain

NC State SCRC

As plants slowly restart, it will take months for inventories to recover, with prices likely only returning to normal levels in June, said Joel Morales, analyst at IHS Markit.” In another example, to get access to nitrogen, this company relied on shipping it in from Oklahoma, as the pipelines were non-functional.

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Trends 2019: Food

Enterra Insights

Researchers from Oklahoma State University’s Robert M. Predictive modeling allows marketers to simulate consumer acceptance by region, proving deep insight and forecasting capabilities. They can be augmented with additional data and insights to improve forecasting, enhance target marketing and better align inventories to demand.

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Good-bye siloed, functional planner. Hello storm chasing network planner.

Kinaxis

Supply chain planners (I’m lumping in all the silos, including demand, supply, inventory and capacity planning) today are dealing with challenges that were unimaginable when Lotus notes were the next big thing. 2013 – Massive tornado packing 200 mph winds in the Oklahoma City area. Times have changed. 2015 – Nepal earthquake, 7.8

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This Week in Logistics News (August 19-23, 2013)

Talking Logistics

I went to Home Depot earlier this week to return a purchase, and the customer in front of me wanted to exchange a defective power tool with the same model, but he couldn’t find any on the shelf even though the store’s inventory system said 5 units were in stock. Manhattan Associates Launches 2013 Inventory Optimization Release.

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Perspectives on the Global Trade Environment: A Panel Discussion

NC State SCRC

Bill H: “We have two trade zones in Oklahoma and Houston, and are under construction to produce one in Corpus Christi. Our negotiation strategy is to reduce the impact on the end customer by carefully understanding the components of cost, timing of inventory already produced and potentially a shared role in the cost.

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