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Big data and inventory management

EazyStock

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. The key for inventory management teams is to know what to do with it! Processing big data.

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ERP addresses the challenges of Make to order manufacturers

SYSPRO Smarter ERP

On the shop floor we see challenges around scheduling to meet delivery requirements, managing the utilisation of capital intensive equipment with small production runs reducing efficiency and creating bottlenecks. Managing varying resource availability while meeting customer orders requires effective planning and scheduling.

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2023 supply chain and logistics management trends

EazyStock

A key element is setting the right safety stock levels to meet unexpected spikes in demand without tying up unnecessary capital. This will also enhance customer experience as you’ll have enough stock to meet customer demand. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order.

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2023 supply chain and logistics management trends

EazyStock

A key element is setting the right safety stock levels to meet unexpected spikes in demand without tying up unnecessary capital. This will also enhance customer experience as you’ll have enough stock to meet customer demand. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order.

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Coronavirus Series – Inventory Management Challenges & Solutions

EazyStock

It also offers improved efficiencies and powerful data insights, providing a wealth of functionality to help during these difficult times. The era of using spreadsheets to run reports and analyze data is over. It’s now time that inventory management teams did the same. Adding Qualitative Insights.

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Inventory Carrying Costs & How They Impact Profitability

EazyStock

In this blog, we’ll take the four types of carrying costs in turn and understand their real impact on your bottom line. In both cases it makes sense to ensure you’re holding the right products in the right volumes to meet demand without carrying too much to take up valuable warehouse space. Inventory service costs. Capital costs.

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Lean Manufacturing Systems: How Mobility Empowers the New “Lean”

GlobalTranz

Since lean systems have already eliminated waste to a finite degree, the use of mobility can further increase cost savings and reduce demands on the system by making information and data available across a given enterprise. Take a look at how mobility in manufacturing empowers lean manufacturing systems. What’s Next?