Most likely your company maintains a selection of office supplies for employee use, which means you need to maintain a consistently updated list of inventory purchased and used within a specific ...
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 ...
Amidst the recent continued economic volatility, C-level executives’ focus has shifted from revenue growth to profitable growth, and hence global supply chain performance has gained a great deal of ...
Last week Workday announced a new application designed to serve the supply chain and procurement needs of healthcare providers. This represents a functional extension of its traditional HCM and ...
In the world of supply chain management, the winds of technological change are blowing stronger than ever. It’s becoming more evident that purpose-built intelligent applications are increasingly ...
Analyst insight: There’s a supply-chain renaissance underway for enterprises, whether retailer or product-centric suppliers, who rely on a network of partners. We call them the networked enterprise, ...
When you get inventory in, how long does it take to sell? The faster your inventory turns over, the more money you're making. Slow turnover may indicate you're not managing inventory well. Calculating ...
The importance of inventory management in the supply chain is often underestimated. Negligent inventory management can have far-reaching effects on an organization's productivity and profitability.
Inventory accuracy is the variance between perpetual inventory and physical inventory. It is an important part of supply chain management because organizations that allow their inventory accuracy to ...
Picture a world where every product knows its destination, warehouses anticipate demand before spikes occur and delivery routes adjust autonomously to avoid delays. Artificial intelligence (AI) makes ...
Back in April, I saw a report that shipments from China were back to pre-COVID levels. I thought that was a positive sign that the global economy was beginning to move again. Then I talked to a friend ...