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Elevating Inventory Management with Multi-Echelon Inventory Optimization

Logility

Modern supply chains are far from linear. This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. Such complexity drives demand volatility.

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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?

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Inventory Management – The Essential Guide for 2024

ThroughPut

Effectively Managing inventory is a common challenge for many supply chain and manufacturing professionals. Without proper inventory management, businesses can face stockouts, overstocking, and increased operational costs, which can impact profitability and customer satisfaction. Let’s jump in.

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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?

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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. This approach is significant, especially considering a Deloitte survey that found 79% of companies with efficient supply chains see better revenue growth.

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The Role of Digitisation and Analytics in Supply Chain Resilience

The Logistics & Supply Chain Management Society

The Role of Digitisation and Analytics in Supply Chain Resilience. by Dr Shereen Nassar – Global Director of Logistics Studies and Supply Chain Management Programmes Heriot-Watt University Dubai. Digital Supply Chain to Drive Resilience.

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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.