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The Evolution of Asset Management: Humans, Inventory and the Rise of AI

The Logistics & Supply Chain Management Society

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. In this article, we will focus on inventory and people as assets.

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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

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Where to Start if You’re New to Procurement Sourcing Solutions

EC Sourcing Group

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Procurement Sourcing Solutions : What Is Procurement Management?

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Asset Management Best Practices Using Low-Code: Part 2

TrackVia

As we stated in the Part 1 , effective asset management is essential to any successful business operation. Streamlining asset management with a low-code platform can help decision-making processes and reduce operational costs. This practice not only prolongs asset life but also minimizes unexpected downtime.

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Effective Asset Management: Navigating the Lifecycle of Physical and Non-Physical Assets

TrackVia

In today’s fast-paced business environment, efficient asset management is crucial for organizations to maximize their resources, minimize operational risks, and enhance long-term sustainability. When running smoothly and efficiently, asset management can help decision makers predict and oversee the life cycle of an asset.

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Effective Asset Management: Navigating the Lifecycle of Physical and Non-Physical Assets

TrackVia

In today’s fast-paced business environment, efficient asset management is crucial for organizations to maximize their resources, minimize operational risks, and enhance long-term sustainability. When running smoothly and efficiently, asset management can help decision makers predict and oversee the life cycle of an asset.

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5 Tips to Cut Hotel Supply Chain Costs

AFFLINK

Invest in a hotel asset management system. A hotel asset management system will print reports and run analysis to determine where your spending is and what you can do to optimize it. Hotel asset management systems do more than just help you cut your direct expenses. When in doubt, turn to your technology.