Logistics Viewpoints
JUNE 17, 2021
Today’s article is from GlobalTranz and explores white glove services in transportation management. That’s the overview of white glove services evolution and it’s another piece of the transportation terminology puzzle. It’s important to know how white glove services and transportation management go together.
Supply Chain Shaman
MARCH 21, 2024
Training ensued, and the expectation of changing work was shared. We explore the concept of holistic inventory strategies focused on the form and function of inventory. 85% of inventory decisions are not managed in Advanced Planning Solutions. Only 15% of inventories are safety stock. I think that the answer is no.
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Procurement Academy
AUGUST 25, 2022
When freight volume grows and transportation becomes more complicated, the need for logistics management rises. Thus, training in logistics management is rightly prioritized by organizations as optimizing this process can lead to increased profits. Normally, it consists of order processing, warehousing, and transportation.
Unleashed
FEBRUARY 12, 2024
Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?
Logility
JULY 5, 2023
It is trained on a large dataset of existing content, and it learns to generate new content that is similar to the content it was trained on. This leads to optimized inventory levels, reduced stockouts, and enhanced customer satisfaction. Generative AI is a Large Language Model (LLM), a type of AI that can create new content.
Clear Spider
MARCH 21, 2024
AI inventory solutions create more powerful and adaptive supply chains. One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management. AI makes use of the endless stream of data collected through inventory management devices and cloud-based applications.
GlobalTranz
MAY 4, 2018
The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. The Problem: Omnichannel Retail Carries an Extreme Level of Interdependence Between Systems and Processes As explained by Entrepreneurer.com , the fastest-moving products account for only 20% of inventory.
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