article thumbnail

The Many Types of Inventory Management Technology

GlobalTranz

There are diverse types of inventory management technology and systems, designed to properly sort, control and act upon information with a company’s inventory. As explained by Kenneth Hamlett of the Houston Chronicle , the two dominant types of inventory management technologies include manual and automated systems.

article thumbnail

3 Ways a Poorly Managed Inventory Can Ruin a Business

RFgen

Poorly managed stocks of inventory can devastate a company’s bottom line. Do you know how much inventory you have, whether it’s in your office, warehouse or in the field? Inventory management is a top business process that, if not tracked correctly, can irreversibly damage companies. You should. It’s Costly.

Insiders

Sign Up for our Newsletter

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

article thumbnail

3 Ways a Poorly Managed Inventory Can Ruin a Business

RFgen

Poorly managed stocks of inventory can devastate a company’s bottom line. Do you know how much inventory you have, whether it’s in your office, warehouse or in the field? Inventory management is a top business process that, if not tracked correctly, can irreversibly damage companies. You should. It’s Costly.

article thumbnail

Hurricane Harvey - Effects, Forecasts, and Operational Best Practices

Elementum

Harvey is not the first lethal and damaging flood to hit Houston: Tropical Storm Allison in 2001 killed 41 and caused $9 billion in damage, as well as flooding in 2016 that shut down the city for days. Houston’s expansive sprawl lacks drainage systems and has ample bodies of water that are easily exacerbated by heavy rains.

article thumbnail

Expert Research, What Happened with IMO 2020 Fuel Prices?

Freight Plus

The unknown was what the price of the new VLSFO would be-making it difficult for carriers to make an informed decision on the financial impacts of either path. As of today, the highest VLSFO costs I see are in Houston, TX at $526/MT. IF380 in Houston, TX is at $375/MT. . About the author: ?. ?Chris Chris Peckham.

article thumbnail

Expert Research, What Happened with IMO 2020 Fuel Prices?

Freight Plus

The unknown was what the price of the new VLSFO would be-making it difficult for carriers to make an informed decision on the financial impacts of either path. As of today, the highest VLSFO costs I see are in Houston, TX at $526/MT. IF380 in Houston, TX is at $375/MT. . About the author: ?. ?Chris Chris Peckham.

article thumbnail

Renegade Riposte

Supply Chain Shaman

I get called frequently to talk to supply chain leadership teams about inventory. Often the CEO hires a strategic consultant to audit the supply chain, and they roll through the organization making inventory promises. What CEO does not like the concept of reducing inventory? It is cash. Let me explain.