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Everything You Need to Know About Inventory Management

3PL Links

The definition of inventory management, however, is the skill of managing these conflicting aims, directing strategies, and appropriately prioritizing objectives in the face of this scenario. Why is good inventory management important for your company? What are the main methods of inventory management?

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How to successfully implement just-in-case inventory management

EazyStock

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. Just in case inventory management doesn’t have to mean inflating stock to really high levels.

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2023 supply chain and logistics management trends

EazyStock

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. If your suppliers can’t deliver what you need when you need it, customers will move to your competitors.

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2023 supply chain and logistics management trends

EazyStock

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supplier management. Supplier ranking. Inventory management practices.

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The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

GlobalTranz

At distribution centers, Walmart uses cross-docking, a process in which product is exchanged between trucks so that each truck going to a retail store has products from different suppliers. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.