Remove Inventory Remove Sourcing Remove Workshop
article thumbnail

ThroughPut.AI Launches New AI-powered Predictive Parts & Kit Management Capabilities to Optimize Sourcing, Reduce Unplanned Downtime and Improve Production Reliability 

ThroughPut

Leading AI-powered Supply Chain Decision Intelligence and Analytics platform releases advanced parts management capabilities aimed at automating inventory replenishment for mission-critical Maintenance, Repair and Operations (MRO) of parts and kits to drive healthier cash flow PALO ALTO, CA, September 11, 2024 /PRNewswire/ — ThroughPut Inc. ,

article thumbnail

Editor’s Choice: 8 Supply Chain Planning Challenges Retailers Will Face In 2022 And Tips To Overcome Them

Logistics Viewpoints

As we have seen in 2021, businesses automated and integrated supply chain planning capabilities, including demand-sensing , dynamic safety-stock management , inventory optimization , and external collaboration. While increasing demand for at-home exercise equipment also expedited the expansion of the online wellness industry.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sourcing Offices: a shift of paradigm

KEPLER Consulting

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

article thumbnail

How To Navigate Supply Chain Challenges: Resilience and Adaptability in the Modern Business World

SCMDOJO

Demand Fluctuations: The dynamic nature of customer needs, often affected by economic conditions, market trends, or seasonal factors, makes inventory management and market forecasting difficult. Maintain an updated risk inventory that includes historical data, current threats, and emerging risks.

article thumbnail

What is Enterprise Resource Planning (ERP)?

ThroughPut

ERP systems allow data to flow into the centralized database across the organization, and thus eliminate data duplication and provide data integrity with a “single source of truth.” This provides a single source of truth and enables better coordination and communication across the supply chain.

article thumbnail

Reshaping Product Lifecycle Innovation: An Inside Look at PTC LiveWorx 2023

Arena Solutions

This four-day event is packed with interactive workshops, technical trainings, and a keynote from PTC’s president and CEO, Jim Heppelmann , that deliver practical solutions to address your most critical business challenges. To stay on course, many companies are moving away from legacy systems and embracing a digital transformation.

article thumbnail

Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

Reason #6 Not effectively managing inventory. A bad decision can result in missed orders, significant inventory, or scrapped materials. By doing this, they could potentially save the company millions of dollars in excess inventory. CSCP consists of three workshops followed by an exam for certification.