article thumbnail

Supply Chain AI Strategy: Navigating Apparel Industry Complexities

Logility

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. The Apparel Industry’s Forecasting Maze Mastering the art of forecasting is critical in the apparel industry.

article thumbnail

6 Ways AI Empowers End-to-End Decision Automation in Supply Chain

Logistics Viewpoints

Consequently, everyone asserts they are utilizing AI, and those in the supply chain world are no exception. How will it address “the world hunger problem” in supply chains, particularly in the context of supply chain planning? How can AI contribute to end-to-end decision automation?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Choose the Right Inventory Management Software for a Profitable New Year

My Office Apps

Out with the Old, In with the Efficiency: Choose the Right Inventory Management Software for a Profitable New Year As the confetti settles and resolutions take flight, it’s the perfect time to give your business a refresh. But navigating the vast options of Inventory Management Software (IMS) can feel daunting.

article thumbnail

Gain a Leading Edge in Inventory Management through Digital Transformation

DELMIA Quintiq

The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. From Vilfredo Pareto’s 80-20 principle to just-in-time and pull-based manufacturing, minimizing excess inventory has been a continuous quest—spurred on by the Fourth Industrial Revolution or Industry 4.0.

article thumbnail

Life Sciences Supply Chain Inventory Optimization

Logility

Lifespan has nearly doubled in a century and is continuing to grow as the life sciences industry advances. The life sciences are integral to the quality of life and lifespan, but the field faces some uniquely difficult inventory challenges. AI augmentation can identify issues in your supply chain that basic data analytics cannot spot.

article thumbnail

Why Is Promotion Planning Important In Inventory Management?

Logistics Viewpoints

The answer lies in promotion management. . What is Promotion Management? Promotion Management is defined as optimizing the utilization of tools, strategies, and resources to promote a product that will generate additional demand. Why should we consider Promotion Planning in Inventory Management?

article thumbnail

Inventory Management Solutions & Strategies [Ultimate Guide]

Unleashed

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?