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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

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Editor’s Choice: Fortifying Warehouse and Distribution Centers Against Cyberattacks

Logistics Viewpoints

This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks. The warehousing and distribution industry is highly reliant on technology for its operations. Why are warehouses and DCs so vulnerable to cyberattacks?

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Your Guide to Understanding & Minimizing Inventory Costs (with Formula)

RFgen

Managing inventory costs is a constant struggle. Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Managing inventory costs is important because high inventory costs can erode the bottom line.

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Inventory Management Solutions & Strategies [Ultimate Guide]

Unleashed

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

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Holiday Warehousing Challenges 2021

3PL Insights

With e-commerce on the rise, supply shortages, and COVID-19 restrictions causing shipping delays, this will prove to be a challenging year for order fulfillment. Limited Warehouse Capacity. This leads warehouses to operate at a much higher capacity than in previous years which limits the space available for increased holiday demand.

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Editor’s Choice: It’s time for traditional inventory management to evolve!

Logistics Viewpoints

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. As a result, inventory managers have to explore new ways to cope with full warehouses. The COVID-19 pandemic is undoubtedly to blame for the warehouse shortage.

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The Give and Take of Multi-Carrier Parcel Shipping Technology

Logistics Viewpoints

Retailers also took steps to contain costs and preserve margins as they reoriented toward e-commerce like never before, including putting solutions in place to more effectively navigate carrier capacity caps and improve the visibility, accessibility, and mobility of inventory. More to give the organization. Meet the basic needs.