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IoT Inspired Smart Warehouses Are Reinventing Inventory Management

GlobalTranz

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. Download white paper.

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Digital Inventory Management Key Battleground in Transformation of Brick-and-Mortar Retail

GlobalTranz

It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. As a result, brick-and-mortar retail has become more focused on digital inventory management, a building block in the road to omnichannel supply chains , than in the past.

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Is Seamless OmniChannel Possible? How to Avoid Supply Chain Technology Hiccups

GlobalTranz

Meanwhile, more companies are turning to entities outside of the company, like third-party logistics or integrators (3PLs and 3PIs) to manage omnichannel supply chains , reports Maarten Baltussen of Supply Chain Digital. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

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5 Ways an Omnichannel Supply Chain Strategy Can Improve Customer Experience

GlobalTranz

Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone. Poor performance of new offerings leads to reduced profitability, reports McKinsey & Company. Download White Paper. GET YOUR COPY HERE.

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Is Omnichannel Dead? Of Course Not…However, the Focus Is Now on Customer Experience in Omnichannel

GlobalTranz

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper. If a consumer wants to view a product on a smart device while in-store, they are 20-percent more likely to complete the purchase. So, Omnichannel Is Not Dead? Not exactly. It is just shopping.

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7 Reasons ERP Systems Can Increase the Productivity of Your Manufacturing Industry

GlobalTranz

The Manufacturing Industry Faces a Number of Challenges in its Daily Functioning ERP systems can augment smooth workflow and speed up inventory management, manage market fluctuations and supply chain issues. It is the best way to reduce costs, and gain a strong competitive advantage in the dynamic marketspace!

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Making Cents Out of Demand Sensing

Logility

I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics. The value generated by improved forecast accuracy comes from how that improvement is used to enable cost reductions, synchronize production and enhance customer service.