Using Technology to Improve Inventory Management

Cerasis

Using technology in the warehouse is one of the most effective ways to improve inventory management and reduce returns. Since returns represent a significant cost to companies, it is imperative for retailers to take steps to improve inventory management and manage returns.

The Inventory Accuracy “Confidence Gap”

Talking Logistics

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy.

The Right Technology for Inventory Management

PINC YMS

inventory robotics digital inventory inventory accuracy inventory management

Robotics and Your Inventory Challenge

PINC YMS

inventory robotics warehouse drones inventory management

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Why Omnichannel Supply Chain Success Depends on Inventory Optimization

Cerasis

However, inventory optimization can solve these challenges. What’s Wrong With Current Inventory Optimization Processes? The post Why Omnichannel Supply Chain Success Depends on Inventory Optimization appeared first on Transportation Management Company | Cerasis.

Data Analytics for Optimizing Inventory

SIPMM Professional Publications

Inventory optimization is having the right inventory, in the right quantities and at the right locations to meet the supply and […]. The post Data Analytics for Optimizing Inventory appeared first on SIPMM INSTITUTE.

Best Practices for Managing Warehouse Inventory

SIPMM Professional Publications

Most businesses have plenty of areas to improve, especially in their warehouses.Good inventory control techniques for warehouse management start with an organised and well-maintained site. Below are some best practice inventory control […].

Managing the complexities of inventory

Logistics Management

As e-commerce continues to expand, both B2C and B2B shippers are sharpening their inventory management skills to come up with fresh ways to meet the demands of the “new normal

Inventory Control Techniques for Effective Warehousing

SIPMM Professional Publications

While inventory control refers to “all aspects of managing a company’s inventories like purchasing, shipping, receiving, tracking, warehousing and storage, turnover and reordering.” Inventory control is also important to maintaining the right balance of stock in your warehouse.

Key Questions for a Successful Distribution Network

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

If we're going to offer the speed of shipping and variety of inventory that today's customers have come to expect, there are a lot of different questions that need to be asked.

Inventory Management in Service Logistics Industry

Talking Logistics

What is Inventory Management? For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. Inventory Management is about having a right balance of expectations from different functions of the supply chain.

Inventory Management Mistakes: What Supply Chain Leaders and Managers Need to Know

Cerasis

Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net, the costliest problem is due in large part to poor inventory visibility and planning.

UAW strike leads to automotive industry inventory concerns – will an airfreight spike follow?

Logistics Trends and Insights

Our Air Cargo World contribution which looks at inventory concerns as the UAW and GM reached a tentative agreement. Air Cargo air freight Automotive Inventory Air freight Automotive Industry

Warehouse Inventory Management (Doing it The Right Way)

Cerasis

The post Warehouse Inventory Management (Doing it The Right Way) appeared first on Transportation Management Company | Cerasis. Inventory Management Warehouse Warehouse Inventory Management

The Right Technology for Inventory Management

Logistics Viewpoints

Managing inventory in 2019 has become an even more complex challenge according to our industry peers and PINC customers. In my previous article titled “The High Cost of The One Percent Inventory Accuracy in Your Supply Chain“, I explored significant challenges, costs associated to inventory management, and what one percent of inventory accuracy represents to your operation. Guest Commentary Inventory Management

What is Inventory Optimization?

EazyStock

What is inventory optimization? You’ve heard of inventory management, and you probably already have some inventory management practices implemented in your supply chain. So what is inventory optimization? Inventory Optimization will make you more competitive.

Essential Techniques for Inventory Control of Laboratory Equipment

SIPMM Professional Publications

But doing so efficiently creating a discipline around inventory control is definitely […]. The post Essential Techniques for Inventory Control of Laboratory Equipment appeared first on SIPMM INSTITUTE.

Cost Reduction Strategy through Supplier-Managed Inventory

SIPMM Professional Publications

Supplier-Managed Inventory (SMI) is the process whereby a supplier plans, manages and replenish inventory for a customer. The post Cost Reduction Strategy through Supplier-Managed Inventory appeared first on SIPMM ACADEMY.

Lean Inventory: Using Lean Initiatives To Manage Inventory

Cerasis

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. What is Lean Inventory Management? Attributes of Lean Inventory Management.

Supply Chain Inventory Optimization – Beyond the Analytics

Cerasis

While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. With 7 percent of America’s gross domestic product (GDP) tied up in inventory, reports the 21 st Century Supply Chain Blog , your organization must go beyond the analytics and understand the broad impact of analytics in your company. Better Inventory Management Needs Complete Control.

Omni-Channel Logistics Leaders: The Importance of Real-Time Inventory Visibility

Talking Logistics

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance.

Advantages of Marketing Fulfillment Inventory and Online Ordering

Amware Logistics and Fulfillment

This is the third in a series of blogs focused on getting the most from your marketing fulfillment inventory program. The content is drawn from a recently published Amware-sponsored eBook titled 8 Experts on Marketing Fulfillment, which you can download here.

Effective Techniques for Inventory Stock Control

SIPMM Professional Publications

This article highlights five key techniques for effective inventory stock control of an organisation. The common reason of delay shipment is lack of proper planning for inventory stock control. The post Effective Techniques for Inventory Stock Control appeared first on SIPMM ACADEMY.

Drone-Powered Digital Inventory

Logistics Viewpoints

Even though 90% of inventory is stationary in the supply chain, inventory accuracy at distribution centers, warehouses, and plants ranges from 89% to 99%*. That’s because most of the inventory management process is still a manual activity. Knowing what inventory is on hand at any given time in the supply chain—and then tying that data to transportation and delivery—is a never-ending challenge for most companies. Guest Commentary Inventory Management

Crucial Techniques to Control Construction Inventory

SIPMM Professional Publications

The post Crucial Techniques to Control Construction Inventory appeared first on SIPMM INSTITUTE. Time scheduling and coordination on construction projects are not just a matter of reputation but can be crucial to systems like an earthling, concrete laying and service.

Inventory Optimization is the Lynchpin to Omnichannel Success

Logistics Viewpoints

Retailers should look for a demand forecasting and inventory optimization solution that understands digital demand is now being fulfilled through physical stores and can account for channel demand patterns and emerging omni-fulfillment strategies. The post Inventory Optimization is the Lynchpin to Omnichannel Success appeared first on Logistics Viewpoints. Success in omnichannel commerce requires solutions designed for the way customers shop today.

5 Essential Technologies for Inventory Control in a Warehouse Contract

SIPMM Professional Publications

Many of the challenges that businesses face, such as running out of stock, or having excess stock (which translates to tied-up funds), or having obsolete stock or spoilage are as a result of poor inventory management.

Warehouse Technologies for Effective Inventory Control

SIPMM Professional Publications

When it comes to inventory control, constant evaluation and adoption of crucial technologies is critical so as to improve profitability and stay competitive. The post Warehouse Technologies for Effective Inventory Control appeared first on SIPMM ACADEMY.

Is Your Inventory Management Stuck in the Stone Age?

Amware Logistics and Fulfillment

This is the second in a series of blogs based on Amware’s new eBook titled “Your Marketing Fulfillment Program Sucks: 7 Ways Poor Literature Management and Distribution Practices Undermine Your Marketing Results.”. A sales rep walks into a client’s office to introduce a new product.

Parts inventory technology reduces downtime

Fleet Owner

Many fleets are looking to their parts suppliers and manufacturers for help developing just the right part tracking and ordering schedules for their operations

With Tariffs In Flux, Digital Inventory Technology Might Be The Solution To Holiday Bloated Inventory Levels

Talking Logistics

The tariff situation has companies in a quandary as they debate whether to “load up” on inventory now — to ward off the impacts of potentially-higher tariffs on imported goods — or hold off for now and hope that the political environment calms and things get to back to “normal.”

Supplier-Managed Inventory for Central Kitchen Operation

SIPMM Professional Publications

Every successful food business operates with an effective inventory management system, which is the core of Supply Chain Excellence. The post Supplier-Managed Inventory for Central Kitchen Operation appeared first on SIPMM ACADEMY.

New Year’s Resolution: Save Money by Cleaning up Your Marketing Fulfillment Inventory

Amware Logistics and Fulfillment

New Year’s Resolution: Save Money by Cleaning up Your Marketing Fulfillment Inventory. Marketing Fulfillment

How Inventory Software Can Grow Small Business

247 Customs Broker

April 18, 2019 · By SkuVault At the heart of a small business is inventory – what you’re selling. The last thing you want to… The post How Inventory Software Can Grow Small Business appeared first on 24/7 Customs Broker News.

What does one percent inventory accuracy mean to your operation?

PINC YMS

inventory robotics digital inventory Matt Yearling inventory accuracyAs you may know, our CEO, Matt Yearling, contributes regularly to logisticsviewpoints.com with guest articles.

What is Ecommerce Inventory Management?

247 Customs Broker

June 4, 2019 · By Corinne Watson Having an elevated inventory management strategy is pivotal for any ecommerce business that wants to rise above the… The post What is Ecommerce Inventory Management?