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17 Key Inventory Metrics & KPIs for 2023

Unleashed

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

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Dispelling Untruths: 10 Generative AI Myths

Logility

AI has presented challenges and opportunities for business leaders seeking to leverage its potential across their organizations to improve efficiency and increase profitability. Myth 8: Generative AI is immune to biases present in training data Generative AI produces predictions based on its training data.

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Inventory Optimisation: Tools & Techniques You Should Know

Unleashed

Manual inventory control tasks are automated with the help of software tools and warehousing equipment. Inventory optimisation tools Inventory optimisation tools are essential for improving the efficiency with which your business operates. With greater visibility into the metrics, a company can go forward.”

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Evans Distribution Systems Launches New Business Intelligence Tool: evans365

3PL Insights

May 03, 2021— Evans Distribution Systems, a leading provider of third-party logistics and supply chain solutions, launched a new business intelligence tool: evans365. The tool provides warehouse customers a holistic view of their account activity based on real-time data. “As MELVINDALE, Mich., This is only the beginning.

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Infor’s Strategy for Differentiation

Logistics Viewpoints

The software architecture allows the value to be measured and those metrics are visible to the customer and the Infor success team. One tool the company has developed to help ensure that companies get value from the Infor solution is called Process Intelligence. Infor customers were present and spoke at this summit.

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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. Promotion Management is defined as optimizing the utilization of tools, strategies, and resources to promote a product that will generate additional demand. To my delight, I found one that was on promotion. What is Promotion Management?

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Cardinal Health’s Perfect Implementation

Logistics Viewpoints

Pete Bennett, and his co-presenter, Mary Byrne, the vice president of supply and demand planning, spoke during a presentation at Kinaxis’ user conference Kinexions. Teams will then revert back to their former tools, often times using Excel. I put my name on the line.” He added, “we needed results in the first year.”