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Regaining control: Inventory management best practices (Part four)

Kinaxis

by Richard Cushing In part one of my inventory management best practices series I argue that inventory cannot be managed until it is controlled, and present the notion our general willingness to apportion blame upon unreliable data from enterprise resource planning (ERP) systems is misplaced.

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Regaining control: Inventory management best practices (Part two)

Kinaxis

In part one of “Regaining control: Inventory management best practices” , we talked about controlling inventory, before being able to competently manage inventory. Inventory management best practices all about getting organized. Did the vendor ship the wrong item?

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Editor’s Choice: It’s time for traditional inventory management to evolve!

Logistics Viewpoints

As a result, inventory managers have to explore new ways to cope with full warehouses. As a result, unconventional storage spaces, including shipping containers and truck trailers, are being used as temporary warehouses by small retailers. The answer goes beyond standard inventory management.

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

Logistics Viewpoints

Just last year many were chartering their own cargo ships to get all these goods to their destinations.) 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. All aboard.

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Inventory Management vs. Warehouse Management

The Logistics of Logistics

Inventory Management vs. Warehouse Management. Original article: Inventory Management vs. Warehouse Management. That may be because a company might already have an inventory system and wonders what additional capabilities they will get with a new WMS.

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Inventory Everywhere, But Not the Right Product to Ship

Supply Chain Shaman

The minimization of costs within a functional silo, can throw the supply chain out of balance, and increase total costs while increasing slow and obsolete inventory. Inventory should be owned by the entire organization; however, in most, it is an afterthought. In the evolution of the global organization, the issue grew worse.

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Regaining control: Inventory management best practices (Part one)

Kinaxis

Inventory is shipped, or taken, to trade shows expecting a full return; but the quantities returned are seldom the same as the quantities check-out. Inventory management best practices. Part 2 in this series will have even more inventory management best practices for you to consider and implement.