ToolsGroup
SEPTEMBER 1, 2015
The knack in today’s innovation economy is to understand how the value of a particular SKU deteriorates or its costs increase so that profit erosion can be factored into inventory optimization calculations. According to Nucleus Research, in its July 2015 Research Note , companies can optimize inventory using the right algorithms.
Ware2Go
OCTOBER 8, 2021
Everything you need to know about inventory tax. Learn which states collect it, its impact on your business, how to reduce it, and how to leverage fulfillment technology to accurately track and control inventory. Understanding Inventory Tax. Is There a Federal Inventory Tax? How Does Inventory Tax Affect My Business?
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Logistics Viewpoints
NOVEMBER 4, 2022
Canoo to build battery manufacturing facility in Oklahoma. Electric vehicle startup Canoo Inc said on Wednesday it would build a battery manufacturing facility at Pryor in Oklahoma with a capacity of 3,200 Megawatt hours production. Walmart is now offering small businesses short-term rental leases. Tone sours on Q3 trucking calls.
NC State SCRC
MARCH 17, 2021
As plants slowly restart, it will take months for inventories to recover, with prices likely only returning to normal levels in June, said Joel Morales, analyst at IHS Markit.” In another example, to get access to nitrogen, this company relied on shipping it in from Oklahoma, as the pipelines were non-functional.
Ware2Go
OCTOBER 21, 2021
But the same package sent only 107 miles from Oklahoma City to Tulsa would be Zone 2. As a result, storing inventory closer to customers will eliminate shipping to higher zones, lowering time in transit (TNT) and improving shipping speeds. The higher the zone, the more expensive an order is to ship. Establish Rigorous Packout SOP’s.
Operations and Supply Chain Management
FEBRUARY 28, 2024
Last year, I attended a three-day conference in Las Vegas conducted by the Reverse Logistics Association, a trade group whose members deal with product returns, unsold inventories and other capitalist jetsam. Most online shoppers assume that items they return go back into regular inventory, to be sold again at full price. Zachary said.
RFgen
MARCH 28, 2016
In their rush to stand out in an ever-growing marketplace, businesses may exaggerate the benefits of their products or lose sight of their inventory management policies. This is a recent example of why this industry must prioritize inventory management to provide the safety and health benefits its consumers demand. Supplement Recalls.
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