Companies today face an ongoing balancing act as they try to: • carry enough inventory to respond quickly to customer demand and minimize transportation costs; and • minimize investment in inventory, ...
Organizations that correctly and thoroughly apply inventory optimization techniques can typically reduce inventories by up to 50% while improving or maintaining service levels. And yet the sad truth ...
Forbes contributors publish independent expert analyses and insights. I cover the impact of AI and Machine Learning on the supply chain. Supply chains are under siege by an undeniable force: change.
Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side. Now, companies have a different problem. They have ...
The ERP provider has identified major trends and selection criteria for inventory management systems in the coming year.