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Gain a Leading Edge in Inventory Management through Digital Transformation

DELMIA Quintiq

An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. Types of inventory that can be optimized.

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Order Visibility Is Critical Amid Low Inventories

Logistics Viewpoints

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.

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Warehouse Labor Woes Are Worse than Ever

Logistics Viewpoints

Warehouse Labor Woes are Worse than Ever. Contract logistics – companies that provide warehousing services – certainly falls into that category. The Warehouse Labor Shortage. The warehouse and transportation industry had a record 490,000 openings in July. Eight percent of warehouses have a surge of over 100%.

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The Evolving Warehouse: Prepare Your Warehouse for Disruption

Logistics Viewpoints

Construction of manufacturing plants and new warehouse sites were also postponed or canceled entirely due to market uncertainty. According to the CBRE Global E-commerce Outlook 2021 report , e-commerce growth will require another 330 million square feet of warehouse space in the United States by 2025.

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Logistics Experts from SSI Schaefer Implement Automated Deep-Freeze Warehouse in Manila, Philippines – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

. “As one of the leading global providers of material handling solutions, we are an ideal partner for companies that pursue economically viable and future oriented sustainable goals,” says Steffen Bersch, CEO SSI Schaefer Group. Energy-efficient solutions guarantee fresh food. This ensures the integrity of all goods.

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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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Better Inventory Management Requires International Suppliers To Step Up to Digital Transformation and Collaboration

Logistics Viewpoints

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?