SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

Inventory 89

Inventory Sustainability Raw materials Supply Chain Optimization 89

Finale Inventory

FEBRUARY 19, 2024

This blog explores the strategic importance of returns and inventory management, illustrating how strategic returns can drive business success in the dynamic ecommerce environment. Businesses confront re-stocking, handling damaged goods, adjusting inventory inaccuracies, and navigating the risk of overselling during high-demand periods.

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Inventory Real-time Visibility Management Quality 105

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Supply Chain Optimization 84

Supply Chain Optimization Inventory Supply Chain Efficiency Strategy 84

Supply Chain Brain

MARCH 27, 2024

Artificial intelligence can help eliminate unneeded inventory, says Sankalp Arora, chief executive officer and co-founder of Gather AI.

Inventory 103

Inventory 103

Finale Inventory

FEBRUARY 15, 2024

Warehouse labeling can seem like a tedious aspect of inventory control, but it can have a huge impact on your warehouse operations. Plus, they work seamlessly with inventory management software, further streamlining your operations. It’s like having a built-in navigation system for your inventory.

Inventory control 102

Inventory control Inventory Real-time Visibility Warehouse optimization 102

All Things Supply Chain

DECEMBER 7, 2020

Amongst the primary operations of running a supply chain department is inventory management. Any issues pertaining to inventory… It is a crucial responsibility that could either break or make a business.

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Inventory Management Supply chain Supply 218

Supply Chain Brain

FEBRUARY 15, 2024

Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side.

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Inventory Supply Chain Optimization Supply chain Supply 134

SCMDOJO

NOVEMBER 29, 2023

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow.

Inventory 93

Inventory Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 93

Supply Chain Dive

JANUARY 29, 2024

Sales growth outpaced inventory in the third quarter for the first time since the pandemic began, according to Telsey Advisory Group analysts.

Inventory 113

Inventory 113

SCMR (Supply Chain Management Review)

JANUARY 8, 2024

The bullwhip effect is used by many economists to explain current inventory market dynamics, but it is another term – inventory accelerator – that more accurately reflects what is happening.

Inventory 96

Inventory 96

ABC of Procurement

FEBRUARY 3, 2022

Project inventory is a bit tricky. The post Project inventory, the three important points first appeared on ABC of Procurement. It has no historic data, the store is usually temporary. So, how to properly organize the flow?

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Inventory Import Data Procurement 130

Supply Chain Brain

MARCH 26, 2024

77% of of supply chain professionals said they prioritize inventory turnover, while 57% highlighted the need for forecast accuracy.

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Inventory Supply chain Supply 98

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory control 84

Inventory control Inventory Supply Chain Optimization supply chain budgeting 84

Procurement Tactics

AUGUST 11, 2022

Inventory Holding Cost — The Ultimate Guide of 2022. Inventory holding costs are one of the fees that an organization or business incurs. In this article, we will discuss what inventory holding cost is. Additionally, we will explain the components of inventory carrying costs and how they can be reduced. . Cost of capital.

Inventory 130

Inventory Real-time Visibility Negotiation Risk 130

All Things Supply Chain

APRIL 14, 2021

Operating a warehouse requires knowing where inventory is at all times. Warehouse workers receive products, take orders and retrieve them from the shelves every day. Within this hustle and bustle…

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Inventory Import Management 208

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory 94

Inventory Supply Chain Efficiency Supply Chain Optimization Raw materials 94

Supply Chain Dive

MARCH 12, 2024

The auto parts retailer has long used two distinct distribution center networks to replenish its store inventories, stemming from an acquisition made a decade ago.

Supply Chain Efficiency 96

Supply Chain Efficiency Inventory Supply chain Networking 96

Finale Inventory

FEBRUARY 27, 2024

But as you get your listings ready for expansion, have you thought about how these avenues for growth also introduce complexity for your ecommerce operations – especially with inventory management? To prevent mistakes, you need to stay vigilant and proactive – and you need a robust toolset to support a systematic inventory approach.

Inventory 52

Inventory Management Real-time Visibility e2e 52

Finale Inventory

JANUARY 15, 2024

Did you know that by effectively managing stock, businesses can achieve a significant 10% reduction in inventory costs ? In the ecommerce industry, where decisions can make a huge impact on profits, it’s essential to have streamlined inventory management.

Inventory 52

Inventory Management Demand Strategy 52

Supply Chain Brain

NOVEMBER 14, 2023

Employees no longer spend long, tedious hours doing manual inventory with forklifts, and there is now less likelihood of misplacing product.

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Inventory 119

Supply Chain Game Changer

OCTOBER 14, 2022

Featuring Our 10 Best Inventory Management Articles! Effective inventory management is one of the most important aspects of running a successful business. Good inventory management means having visibility into your inventory levels at all times, so you can make sure you have enough products on hand to meet customer demand.

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Inventory Management Supply Chain Efficiency supply chain software solutions 114

Supply Chain Game Changer

AUGUST 16, 2022

In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. On top of the annual inventory count there were ongoing manual cycle counts throughout the entire year. An Inventory Control History.

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Inventory control Inventory Agile and Lean Supply Chain Supply Chain Efficiency 124

Finale Inventory

JANUARY 8, 2024

Since its inception in 1981, the company has faced the typical operational challenges of a growing business, such as accurately managing inventory across multiple sales channels and profitably balancing teams, products, and their warehouse. Let’s explore how Finale Inventory contributed to GladGirl’s success.

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Inventory Warehouse operations Order Fulfillment Purchasing 59

Supply Chain Brain

JANUARY 21, 2024

For manufacturers that fretted over component shortages in 2021 and 2022, the current inventory glut is reminding them of that unsettling maxim: Be careful what you wish for.

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Inventory 109

Finale Inventory

NOVEMBER 27, 2023

This crucial step ensures you can rely on your Finale Inventory to accurately reflect your business operations. Through a series of hands-on, interactive training sessions tailored to your specific needs, we help your team to feel empowered with the knowledge and skills needed to make the most of Finale Inventory.

Inventory 52

Inventory supply chain software solutions Supply Chain Efficiency Data 52

SCMR (Supply Chain Management Review)

JANUARY 18, 2024

As Houthi attacks continue in the Red Sea, retailers are scrambling to find alternative methods for moving their inventory, including exploring more air freight options and boosting inventory.

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Inventory 82

SCMR (Supply Chain Management Review)

NOVEMBER 6, 2023

Master the Art of Inventory Optimization in the Post-Pandemic World. Register now for our Webinar!

Inventory 88

Inventory 88

ProcurePort

JANUARY 4, 2021

Have you ever wondered what the fuss is regarding the inventory turnover ratio? Inventory turnover ratio (ITR) is a benchmark that allows enterprises to realize the efficiency of their inventory management systems. The post How to Increase Your Inventory Turnover Ratio appeared first on ProcurePort Blog. Let’s explore.

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Inventory Management Suppliers 130

Supply Chain Brain

SEPTEMBER 2, 2022

There’s a pressing need to make inventory management more flexible, resilient and stable. Many companies are turning to artificial intelligence as a solution.

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Inventory Management 144

Supply Chain Dive

OCTOBER 24, 2023

Matthew Shay said inventory-to-sales ratios' return to pre-pandemic levels and his conversations with retail executives suggest the period of inflated stock levels are over.

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Inventory 108

Supply Chain Game Changer

AUGUST 24, 2022

Featuring Our 10 Best Inventory Management Articles! A very important part of many businesses is managing inventory. Companies in all different industries need to have inventory in stock in order to remain afloat and deliver their products to customers in a timely manner and avoid inventory management mistakes.

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Inventory Management Supply Chain Efficiency Supply Chain Optimization 93

Supply Chain Dive

MAY 4, 2023

The semiconductor producer struggled to lower stock levels in the past quarter, but says AI-related customer demand is helping with “inventory digestion.”

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Inventory Demand 90