Innovation Inventory KPI Shipping 
BlueYonder
AUGUST 15, 2023
Amid the rush to digitally transform, and with so much focus on those innovations that will smarten forecasting, aid replenishment, perfect assortment, or master pricing, businesses are forgetting about their business. Simply, retailers will gain insight into where revenue is being lost, and how this lost revenue is manifesting.
crisp
DECEMBER 15, 2021
The pace of change is increasing exponentially, and there are innovations and learnings being shared across the industry every day. A good KPI to track for this goal might be a low out of stock (OOS) rate. But on the other hand, retailers also want to maintain a low average inventory to avoid excess costs.
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Logility
APRIL 10, 2017
In many cases you will discover that processes like demand, inventory, replenishment, and manufacturing planning are limited by a lack of software capability. Such scenario capability provides significant value across the entire supply chain, from demand and inventory planning to supply management, capacity planning, and order fulfillment.
GlobalTranz
APRIL 25, 2016
Inventory measurement is critical and it is money after all in that it took a capital expense to procure. The goal is to keep inventory levels at a minimum to meet customer needs. Review Inventory turns and Return on Assets. Other areas to consider measuring as it relates to transportation: Managing inventory.
RFgen
AUGUST 10, 2023
Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete. When first implementing digital inventory technology, many organizations consider a warehouse management system (WMS). Ensure proper ordering, inventory planning, and process scalability.
Logistics Bureau
JULY 18, 2018
They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. From a shipping standpoint, reverse logistics works well when the product being returned is routed directly to the correct location. Take the hurdles like who pays for the shipping out of the equation.
6 River Systems
FEBRUARY 22, 2019
It’s also very efficient, meaning it will allow your employees to process more orders on a hourly basis with virtually impossible odds of shipping the incorrect products to your customers. Define normal parameters and fine-tune the physical inventory system. Once the method is working, standardize it. Robin Schwartz, PHR.
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