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Let the (Excess) Inventory Flow!
Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both

excess and obsolete inventory  the financial exposure of excess and obsolete (E&O) inventory (see figure 2). As indicated earlier, carrying costs consist of warehouse costs (the direct cost per pallet of storage) as well as period costs, which typically include standard revision, excess and obsolete inventory reserve, and cost of capital. Figure 2 illustrates the cumulative effect of period costs, which, when combined with price erosion effects from figure 1, points out the double whammy of inventory procrastination. According to AMR Read More...
Help Desk for the Health Care Industry
Help Desk is an application for assisting and managing calls for support from computer users. It also includes computer and software inventory tracking along with technical support knowledge bas...
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Documents related to » excess and obsolete inventory


APICS 2009 Preview Webinar Series, Session 5: Managing Inventory in a Changing Economy
The 2009 APICS International Conference and Expo is starting next week in Toronto (Canada). One of the educational tracks is focusing on how to manage inventory

excess and obsolete inventory  three strategies for reducing excess inventories and improving inventory performance, which will be presented in detail at the APICS Conference. As TEC analysts will be attending the APICS conference, we will report back our insight on these details. Stay tuned—we will be back with some other great finds from our APICS journey. Read More...
Is There a Smarter Way to Handle Excess Active and Obsolete Inventory?
Imagine the convenience of a 24x7 intranet marketplace where companies could sell off their inventory to the highest bidder. FreeFlow is one such business

excess and obsolete inventory  Smarter Way to Handle Excess Active and Obsolete Inventory? Excess at-risk inventory ultimately impacts a company's bottom line. But because companies are more focused on the development and promotion of new products, the problem of excess inventory is seldom a priority. Companies often resort to high-overhead marketing promotions, rebates, or complete inventory write-offs to unload their excess inventory. Let the (Excess) Inventory Flow! Rather than falling back on these detrimental practices under Read More...
Zooming into an Inventory Free Flow
FreeFlow, a provider of business services with a patented technology, aims to help companies improve product life cycle profitability by providing a unique

excess and obsolete inventory  high cost of product excess and obsolescence. By leveraging ModusLink's online auction portal, ModusLinkAuction.com , to solicit competitive bids from prequalified buyers, clients have been able to liquidate excess, obsolete, returned, and refurbished inventory more quickly, and to mitigate the high cost of traditional disposition methods. ModusLink's online auction service complements its existing remarket services, thereby providing clients with more choice and greater flexibility in determining how to Read More...
Less Stock, More Profit: Inventory Optimization
Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI)

excess and obsolete inventory  on a business. With excess stock, companies become more difficult to manage and steer. They need more storage space, gain increased overheads, end up with shelves full of obsolete or expired goods and, worst of all, own a large space filled with what could otherwise be operating capital. Unfortunately, understocking is potentially worse. This results in low service levels, disappointed customers and greater expenses due to rush delivery charges. Companies rarely get a second chance with new customers, Read More...
Waer Systems—Integration, Process, and Presentation in the Supply Chain
Long known as a supply chain firm with specialized capabilities around warehouse and inventory management, U.K.-based Waer Systems has never been one to sit

excess and obsolete inventory  Systems—Integration, Process, and Presentation in the Supply Chain Long known as a supply chain firm with specialized capabilities around warehouse and inventory management, U.K.-based Waer Systems has never been one to sit still, and in the years since the company’s founding in 2000, Waer has evolved and matured its solutions and services to focus on integration, with virtually any enterprise system, in large multi-national enterprises. Waer’s solutions demonstrate complex capabilities in the Read More...
Inventory Management Technology Strategies for Distribution
Inventory has been—and continues to be—the lifeblood of the distribution marketplace. While many companies are slow to adopt new strategies and technologies, a

excess and obsolete inventory  Management Technology Strategies for Distribution Inventory Management Technology Strategies for Distribution If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Infor SCM’s Warehouse Management system solution enables you to see what inventory is or will be available, organize work and align resources and labor to satisfy customer requirements, and optimize fulfillment and distribution processes to ensure that products are Read More...
Unlocking Working Capital: Best Practices for Reducing Inventory
Two-thirds of the 400 survey participants in a 2007 Aberdeen report about inventory management place a high priority on working capital optimization. Many

excess and obsolete inventory  Working Capital: Best Practices for Reducing Inventory Two-thirds of the 400 survey participants in a 2007 Aberdeen report about inventory management place a high priority on working capital optimization. Many companies are reconsidering their business strategies, including implementing appropriate technology platforms that help automate supply chain processes. Learn about cost-effective and practical ways to reduce inventory so that working capital can be released. Read More...
MRP Success Story: Swiss American Products
Learn how Swiss-American Inc., a leading manufacturer of medical products, improved the accuracy of its inventory levels by adopting a new manufacturing system

excess and obsolete inventory  Success Story: Swiss American Products Learn how Swiss-American Inc., a leading manufacturer of medical products, improved the accuracy of its inventory levels by adopting a new manufacturing system complete lot traceability, manufacturing resource planning (MRP), purchasing, and manufacturing projections. Read More...
SAP to Acquire Inventory Optimization Vendor SmartOps
SAP announced on Friday evening its intention to (finally) acquire SmartOps, a move much anticipated for some time. The most enduring mystery about this is not

excess and obsolete inventory  to Acquire Inventory Optimization Vendor SmartOps SAP  announced on Friday evening its intention to (finally) acquire SmartOps , a move much anticipated for some time. The most enduring mystery about this is not that it happened, or why, but why SAP waited so long to make the move. SmartOps had established a leading position in the inventory optimization space, and had obviously formed a very close relationship with SAP, who realized long ago that SmartOps fulfilled a very real supplementary inventory Read More...
Active RFID Solutions for Asset Tracking and Inventory Management
Radio frequency identification (RFID) technology is fast replacing ScanCode technology in asset tracking and inventory management. Traditionally, asset tracking

excess and obsolete inventory  RFID Solutions for Asset Tracking and Inventory Management Radio frequency identification (RFID) technology is fast replacing ScanCode technology in asset tracking and inventory management. Traditionally, asset tracking and inventory management in retail supply chain or manufacturing or service units depended heavily on manual scanning of bar code printed on each item at every strategic point. This white paper focuses on details of RFID technology and how you can automate asset tracking and Read More...
TCLogic, LLC
Headquartered in Indianapolis (US) and established in 1997, TCLogic develops Web-based inventory optimization solutions, built to provide customers with

excess and obsolete inventory  LLC Headquartered in Indianapolis (US) and established in 1997, TCLogic develops Web-based inventory optimization solutions, built to provide customers with business intelligence about their inventory. The company specializes in inventory management in distribution-intensive operations where balancing service-level commitments and inventory levels is important. TCLogic services various business sectors, including automotive; electrical; heating, ventilating, and air conditioning (HVAC); health Read More...
Case Study: How Novelis Slashed Inventory by Eight Million Pounds
Novelis is the world leader in aluminum rolling and beverage can recycling. Novelis produces advanced aluminum sheet and foil products for customers in high

excess and obsolete inventory  Study: How Novelis Slashed Inventory by Eight Million Pounds Novelis is the world leader in aluminum rolling and beverage can recycling. Novelis produces advanced aluminum sheet and foil products for customers in high-value markets, including automotive, transportation, packaging, construction, and printing. Find out how scheduling technology improved some of its most important key performance indicators (KPIs). Read More...
Six Steps to Effective Inventory Management
You can take two approaches to inventory management: assume it’s a necessary evil and implement an inventory reduction program when cash gets tight, or put an

excess and obsolete inventory  Steps to Effective Inventory Management You can take two approaches to inventory management: assume it’s a necessary evil and implement an inventory reduction program when cash gets tight, or put an active inventory management process in place, and continually improve the business results. Learn how to view inventory as cash that can be invested in other ways: move from reactive inventory management to lean and active inventory management in six easy steps. Read More...

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