By aligning loans with inventory turnover, reducing supply chain timelines, and carefully balancing inventory purchases, businesses can significantly cut costs and boost profitability.
The automotive supply chain has never been more challenging. From the rapid shift to electric vehicles and skyrocketing costs to raw material shortages, geopolitical tensions, and volatile market demands, suppliers face pressures that can define their success or failure.
Supply chain leaders are increasingly turning to artificial intelligence to revolutionize their demand-forecasting and inventory-management strategies.
The automation of munitions management and logistics operations at a U.S. Air Force base, in partnership with SEE ID, saved some 250 man-hours per week, while improving operational readiness.
In 2020, Myers Industries began looking for a way to integrate its planning function across six business groups serving multiple markets and product types.
Netstock’s new inventory management 2024 benchmark report provides businesses with data needed to measure their performance against industry peers, identify areas for improvement, and set realistic, actionable goals.
The COVID-19 years showed us that the worldwide supply chain was unprepared for the global disruption that defined 2020 and beyond. Recovery was a challenge for most, as they scrambled to address old problems alongside a host of new ones.
The latest news, analysis, trends and solutions regarding inventory planning and optimization and its impact on supply chain management. New technologies in inventory planning and optimization are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using inventory planning solutions for supply chain optimization.
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