Inventory Management

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Inventory Control and Optimization Strategies

Inventory control has become increasingly important. Supply chains are becoming harder to manage, and the effects of globalization are being felt by both manufacturing and distribution companies alike. The pressure from consumers for companies to always have products in stock is beginning to take a heavy toll on manufacturing companies. Due to the increasing demand […]

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Streamline Operations and Reduce Costs with AI Inventory Management

One of the most challenging aspects of any retail, wholesale, or distribution business is inventory management. Inventory represents a huge investment for most companies. Yet companies continue to manage inventory using spreadsheets or paper and pencil systems. This makes it virtually impossible to ensure accurate inventory counts—which can affect everything from your company sales to

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Make to Order Requires Supply Chain Automation

Supply chain automation has become essential, especially now during these times of supply chain disruption. Although the pandemic has indeed disrupted the supply of raw materials and goods worldwide, not all supply chain issues can be traced back to pandemic shortages. Shifting consumer tastes, sudden changeovers instead of gradual seasonal changeovers, and other stressors on

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7 Tips to Use Manufacturing Inventory Management Software for Better Inventory Control

Manufacturing inventory management software has come a long way from the days of stand-alone systems and bulky specialized equipment. Today’s specialized inventory management software does more than scan and input data into a manufacturer’s ERP system. These seven tips can help you use your inventory software for better inventory control. Inventory represents such a huge

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Prepare for a Profitable Year With These Inventory Management Strategies

This year, prepare for business growth by implementing these inventory management strategies. Although no one can predict business cycles, companies who sell via e-commerce or who run 3PL and similar business models know the intense pressures of the past year are likely to continue as people increasingly order online. The following inventory management strategies can

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