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Excess Inventory: Causes, Consequences and How to Avoid it?

SCMDOJO

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow.

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eBook: Finding Your Perfect Warehouse Robotics Fit

Locus Robotics

Person-to-Goods (P2G) models are largely used for moving racks of inventory on a QR code-based grid to a human picker. In the G2P model, Autonomous Mobile Robots (AMRs) direct human workers to picking locations and collaborate with them by assisting in product selection as well as transporting it. Scoping the right solution.

eBook 52
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7 Ways Businesses Can Manage Supply Chain Shortages in 2021

ToolsGroup

Much of the world is clamoring for finished products from their usual suppliers; but dwindling cargo space, skyrocketing transportation costs, and component delays make it difficult to keep shelves stocked. Use analytics to put your available inventory to the best use. You’re not powerless against supply chain disruptions! ?

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Lost Warehouse Inventory? What to Do and When to Write It Off

GlobalTranz

No one wants to think about lost warehouse inventory, and it can be organizationally frustrating to determine the best process to find, research, and rectify inventory discrepancies. Download ebook. Discrepancies between the physical and systemic inventory levels can make that job tremendously more difficult.

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[PODCAST] Why Digital Tools to Optimize Inventory Management Allows Supply Chain Execs to Stay More Strategic at Every Link in the Supply Chain

GlobalTranz

On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. How sound inventory management improves the supply chain, and what are the adverse impacts to the supply chain due to poor inventory management.

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Achieve Seamless Material Flow in Industrial Equipment with Material Synchronization

DELMIA Quintiq

Empowering companies to command processes DELMIA’s solution for material synchronization empowers companies to fully master the entire production process and improve lead time with these capabilities: Pull-based (demand driven) and one-piece flow production to eliminate inventory buffers and obsolescence.

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Winning the Inventory Battle in the Consumer Products Industry

Logility

From a supply chain standpoint the battle for new product profitability relies largely on two key capabilities, developing accurate new product forecasts and optimizing new product inventory. reduction in finished goods inventory (days). reduction in transportation costs (percent of sales).