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Inventory Optimisation: Tools & Techniques You Should Know

Unleashed

Inventory optimisation is the process that enables efficient inventory management. In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. In this inventory optimisation guide: What is inventory optimisation?

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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. Meet the basic needs.

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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. Unconventional solutions to excess inventory challenges. The answer goes beyond standard inventory management.

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Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. Do we have a demand forecasting tool in place and, if so, how good is that forecast? But optimization is much more than that!

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Inventory Management vs. Warehouse Management

The Logistics of Logistics

Inventory Management vs. Warehouse Management. Original article: Inventory Management vs. Warehouse Management. That may be because a company might already have an inventory system and wonders what additional capabilities they will get with a new WMS. Inventory Management vs Warehouse Management: Main Differences.

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Real Benefits of Artificially Intelligent (AI) Inventory Solutions

Clear Spider

AI inventory solutions create more powerful and adaptive supply chains. Supply chain managers need to be able to cut through the noise of massive amounts of data with a powerful tool. One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management.

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Business Intelligence vs. Inventory Optimization: Are You Solving Symptoms Instead of the Real Problem?

ToolsGroup

In my decades of working in replenishment and inventory optimization, I’ve noticed that many companies seek solutions to symptoms rather than the underlying problem. For example, I get many requests for business intelligence (BI) tools; mostly because they want to monitor symptoms. Let’s examine the first: inventory aging reports.