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Top 5 Ways Inventory Tracking Technology Is Evolving

GlobalTranz

Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want.

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North American Building Materials Leader Cornerstone Building Brands Chooses ToolsGroup and River Logic’s Technology

ToolsGroup

The visualization and scenario planning of the physical and financial value chain overlaid with a digital representation of the actual flow of goods enables us to utilize longer-term strategic supply chain design variations and optimize inventory and service levels.” “Our

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The Big Texas Chemical Freeze Raises Issues on Resiliency of the Petrochemical Supply Chain

NC State SCRC

Today’s Wall Street Journal article on the impact of the Texas winter storm on the petrochemical industry highlights many of the challenges that exist with this supply chain, that has been overlooked for perhaps too long. ” Discussions with experts on the Gulf Coast have also shared the challenges faced in this region.

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The Time for Inventory Management Automation is Now

QAD

Transportation, scheduling and on-time delivery are important for any manufacturer and inventory manager to keep manufacturing and supply chain businesses running smoothly. A man checked his watch to confirm what he had expected, he needed to leave his office in Michigan to catch his flight to Texas.

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The Mary Kay Supply Chain with Michael Ringsdorf

The Logistics of Logistics

Mike has a degree in Marketing from Iowa State University and over 30 years of experience leading teams in Demand Planning, Inventory Control, Automated Storage Retrieval Warehouses & Transportation. Mike Ringsdorf is the Vice President Transportation & Logistics at Mary Kay Global, a cosmetics company based in Texas.

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ToolsGroup And River Logic Partner to Provide a Comprehensive Supply Chain Planning Solution

ToolsGroup

Combining River Logic’s advanced supply chain design and production capabilities with ToolsGroup’s award-winning demand planning, inventory optimization, and supply planning capabilities, customers can now benefit from a more comprehensive supply chain planning solution.

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Inventory Obsolescence: It Can Get Complicated

ToolsGroup

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.