Remove Inventory Remove Presentation Remove Procurement
article thumbnail

Spare Parts to Profits: Strategic Inventory Mastery

ToolsGroup

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Overcoming Unique Challenges in Spare Parts Supply Chains Spare parts supply chains present unique challenges that differ significantly from traditional finished goods logistics.

article thumbnail

Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Excess inventory, stockouts, and increased transportation expenses are common consequences of outdated planning methods. Amazon is a leader in AI-driven supply chain management.

Insiders

Sign Up for our Newsletter

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

article thumbnail

No Balloons Needed: Practical Moves to Navigate Tariff Volatility

Logistics Viewpoints

Establish inventory reserves in key markets to avoid supply chain disruptions. Leverage Foreign Trade Zones (FTZs) and Pre-Buying Strategies Manufacturers can mitigate tariff impacts by strategically managing inventory. But the increasing complexity presents opportunities for companies to drive innovation and resilience.

article thumbnail

Why Is Promotion Planning Important In Inventory Management?

Logistics Viewpoints

I was excited to place the order right away so my present would arrive in time for Father’s day. Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep. To my delight, I found one that was on promotion.

article thumbnail

No Time Like the Present

Supply Chain Shaman

The gap between logistics and procurement; and logistics and customer service increases process latency. Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%. Coming off a period of high growth, companies are struggling with margins and inventory. See the pattern?

article thumbnail

Infor Analyst Innovation Summit 2025: A Look at the Future of Industry Cloud

Logistics Viewpoints

Together, they presented the vision for the future and innovation priorities. Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more. Concepts like GenAI Assistants and Agents were presented, offering conversational interfaces and on-demand analysis.

article thumbnail

Resilinc at ISM World 2025: Reinventing Supply Chain Risk Management with Agentic AI

Resilinc

In Orlando, thought leaders, procurement professionals, and supply chain executives came together under the theme of building resilient, responsive supply networks. private companies are facing increased days in inventory and receivables, adding to liquidity strain. Rising concerns over cash conversion : U.S.