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How Manufacturers Can Take Control of Inventory with RFID Technology

QAD

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. The Department of Defense began requiring suppliers to use RFID tags in 2005 and many major companies have followed suit. ” My takeaway?

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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

When I was an analyst at AMR Research (purchased by Gartner in 2010), I used the framework shown in Figure 2, as a framework to discuss supply chain excellence. Figure 2: AMR Research Hierarchy of Metrics First Published in 2005 Demand error is at the top of the Gartner hierarchy. The definitions are at the bottom of this blog.

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Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

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Is Cyber Monday Really Necessary?

Enterra Insights

Back in 2005, when Cyber Monday was first introduced, the digital path to purchase was a lightly trodden offshoot of the traditional consumer journey. 1] The term made its debut in a 28 November 2005 Shop.org press release entitled “‘Cyber Monday’ Quickly Becoming One of the Biggest Online Shopping Days of the Year.”

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Walmart and the Past, Present, and Future of RFID

AB&R

Walmart’s RFID journey Walmart announced in 2003 that its top 100 suppliers must tag their pallets and cases starting by 2005. The pandemic accelerated the Buy Online Pick Up in Store (BOPIS) model, which accounted for $72 billion in purchases in 2020, having greater inventory accuracy grew ever more important. HAVE QUESTIONS?

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How Did the Digital Supply Chain Evolve?

Supply Chain Game Changer

Accepting or submitting orders via email allowed companies to have electronic paper trails to maintain accurate inventory counts and keep clients satisfied. Business management tools like spreadsheet software and invoice-creation tools saved significant amounts of time and aided recordkeeping.