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From Waste to Value: Revolutionizing the Automotive Aftermarket Through Circular Economy

ToolsGroup

In an era of increasing environmental consciousness, the automotive industry is undergoing a transformative shift towards more sustainable practices. At the forefront of this change is the circular economy – a framework that’s reshaping not just vehicle manufacturing but the entire automotive aftermarket. billion in 2024 to $41.02

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ERP for Automotive Distributors

SYSPRO Smarter ERP

For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. What is automotive distribution? What is automotive distribution?

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Elevating Inventory Management with Multi-Echelon Inventory Optimization

Logility

This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. Yet, recent research suggests a more advanced approach, Multi-Echelon Inventory Optimization (MEIO), surpasses traditional methods.

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Optimizing Aftermarket Inventory: How ToolsGroup Helps Manufacturers Navigate Complexity

ToolsGroup

The automotive aftermarket industry is facing a series of complex challenges as it evolves. This shift has led to a growing need for agile inventory management and quick delivery systems. The Challenges of Inventory Management in the Aftermarket Managing inventory in the aftermarket is uniquely challenging.

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Digital Transformation: Why You Can’t Afford to Wait

Even global manufacturers –– companies across industrial, automotive, chemical, and energy industries –– are scrambling to mitigate the impacts of labor, material and energy shortages, delays, inflation, and unexpected events. It’s not just small and medium-size businesses that are caught off guard.

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Spare Parts to Profits: Strategic Inventory Mastery

ToolsGroup

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Organizations require robust inventory management systems capable of handling diverse parts throughout their lifecycle.

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Leading Inventory Attack Teams with Richard Lebovitz

The Logistics of Logistics

Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization.