Inventory optimization might seem like an old concept, but many companies fail to apply it properly, especially in the area of multi-echelon inventory management. Karin Bursa, vice president of marketing with Logility, details IO's key benefits and challenges.
The maker of sophisticated medical equipment had reached a "plateau" in its efforts to boost customer service and optimize costly inventory within its global operation. Then it found a way to climb higher.
Asset tracking is one of the leading RFID applications. This is because the process improvement delivers some of the clearest benefits and fastest ROI.