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Inventory Carrying Cost: Formula, Definition & How to Calculate

Unleashed

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

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How to Hurdle the Biggest Barrier to Supply Chain Transparency: Data

Logistics Viewpoints

Proprietary warehouse, transportation , and labor management systems bolted onto legacy ERP systems, all “enriched” with off-the-shelf and bespoke software solutions, are a recipe for disaster. How can you make it all work together and build a better supply chain business, fast? The consequences can be serious. So, what next?

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How to Measure & Optimize Inventory Health For Ecommerce Success

ShipBob

The success of any ecommerce business depends greatly on how it manages its inventory health. Now, for some, inventory health may not be an immediate concern. You might say, “I’ll just order plenty of inventory and wait until it sells out.” What is inventory health?

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The 12 Warehouse KPIs You Should Be Tracking Right Now

Unleashed

Efficient warehousing is all about knowing what’s working, what’s failing, and what can be improved. When you measure and analyse the right warehouse KPIs, you can make better-informed business decisions based on real data. In this guide to warehouse KPIs: What are ‘warehouse KPIs’ and why should you use them?

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Striking a Balance in the Supply Chain: Navigating Volatile Supply and Demand to Meet Customer Needs

Speaker: Tony Darnell, Shipping Manager at Lippert Components

To make smart allocations, they need to visualize inventory across multiple warehouses and cater to different customer needs.

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Get the Scoop on How to Optimize Ice Cream Planning & Production

DELMIA Quintiq

A main challenge is to avoid excessive inventory while maintaining enough stock for warm weather and not wait for summer to begin to make ice cream. It starts with planning and building inventory at the end of the year by implementing reliable demand forecasts plus sound inventory and production management.

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Dead Stock 101 – How to Avoid Inventory Obsolescence and Protect Margins

Ware2Go

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. Simply put, if a business lets inventory sit idle for too long, they risk inventory obsolescence. What Is Dead Stock?