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Achieving Effective Inventory Management
In today’s competitive business environment, wholesale distributors face critical factors that directly affect customer satisfaction and profit margins. These

inventory activity  maintain or carry the inventory in the warehouse. The following expenses are incurred in carrying inventory: Approximately 40% of the material handling expenses. Sixty percent of material handling expense is typically associated with filling customer orders. Approximately 40% of rent and utilities. Again, the remaining 60% of warehouse activity is normally associated with filling customer orders. Insurance and taxes on inventory. If it is in the warehouse, it should be insured and may be subject to tax. Read More...
Warehouse Management Systems (WMS)
A warehouse management system (WMS) should provide database and user-level tools in order for a company to optimize its storage facilities while at the same time providing user level task direction...
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Documents related to » inventory activity


Business Activity Monitoring - Watching The Store For You
Business Activity Monitoring (BAM) can bring significant business value in the world of technical data, but its justification must be derived from business

inventory activity  For example, when an inventory item is issued, the new balance on hand is captured. Alternatively, when a supplier updates their customer service portal with information on your open orders, BAM can capture the new shipping dates Evaluate Compares information to preset rules including using the data required for the rule from the same or other systems. For example, has the new balance on hand fallen below the reorder point? Alternatively, do the new ship dates match your requested dates? Alert Notifies Read More...
Using Inventory Optimization to Reduce Inventory Levels in a Lean Environment
Small and medium businesses (SMB) need to address inventory challenges by using a tightly integrated approach that reflects the dynamics of the extended supply

inventory activity  Inventory Optimization to Reduce Inventory Levels in a Lean Environment Using Inventory Optimization to Reduce Inventory Levels in a Lean Environment If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. SYSPRO Inventory enables effective customer servicing and improved profits by providing superior inventory that optimizes stocking levels. Inventory Optimization that aggregates & analyzes inventory to support lean manufacturing 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

inventory activity  contract manufacturer, excess component inventory severely impacts its bottom line. Still, liquidating these excess components is seldom on a buyer's priority list, at least not until the accrued dollar amount comes to management's attention. Only then comes a flurry of frenzied activity to pull together the excess inventory list, whereby the inventory customarily goes to the broker who can clear the books the fastest. As an alternative solution, business service providers like FreeFlow aim at helping Read More...
Can You Bring Cost Down through Better Inventory Management?
In my previous blog I discussed two approaches to bringing down your cost: cost cutting and cost reducing, with regards to the overall supply chain network. The

inventory activity  any of the above inventory management best practices can be used to gain extraordinary results for the organization’s bottom line. As organizations have an overall objective to put best practices into its supply chain management, supply chain managers need to start by looking at each process within the supply chain. Each activity needs to be mapped to understand where a best practice can be implemented, and where standard cross-functional processes can be set up. Every process and activity has owners Read More...
BusinessObjects Activity Analysis
ALG Software's Enterprise Performance Optimization Suite is a web-based solution, which includes predictive planning (for driver-based planning and budgeting

inventory activity  Activity Analysis ALG Software's Enterprise Performance Optimization Suite is a web-based solution, which includes predictive planning (for driver-based planning and budgeting, activity analysis (for activity-based costing and profitability analysis), performance management (for scorecarding and metrics management), and financial consolidation (for statutory reporting and financial consolidation). Read More...
Maple Leaf Farms Improves Inventory Control with WMS
As one of North America’s premier producers of duck products, Maple Leaf Farms knew the importance of delivering fresh, quality goods to its customers. But in

inventory activity  Leaf Farms Improves Inventory Control with WMS Maple Leaf Farms Improves Inventory Control with WMS If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. VAI is an award winning software developer and an IBM Premier Business Partner. Founded in 1978, VAI is headquartered in Long Island, New York, with branch offices in Florida, California and Illinois. In conjunction with IBM, the company designs customer driven enterprise management soft 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

inventory activity  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...
Effective Inventory Analysis
For many distributors, inventory is the largest and perhaps the most important asset. Inventory ties up more money than buildings or equipment, and is often

inventory activity  Inventory Analysis For many distributors, inventory is the largest and perhaps the most important asset. Inventory ties up more money than buildings or equipment, and is often less “liquid.” It is crucial, then, that distributors develop and use a comprehensive set of tools that allows close monitoring of the performance of inventory investments. Read more about simple measurements that can help you maximize your investment in inventory. Read More...
Better Inventory Management: Big Challenges, Big Data, Emerging Solutions
Effective inventory control and management is a vital function to help insure the continued success of distribution and manufacturing and companies. Learn about

inventory activity  Inventory Management: Big Challenges, Big Data, Emerging Solutions Effective inventory control and management is a vital function to help insure the continued success of distribution and manufacturing and companies. Learn about new, flexible, and more refined tools that provide for dynamic optimization of inventories to maximize customer service, throughput, and market share, while decreasing inventory investment and lowering costs. Read More...
Grocery Chain Gains Productivity and Information Visibility for Better Inventory Control


inventory activity  Information Visibility for Better Inventory Control Read More...
Case Study: Ralco Industries
Automotive supplier Ralco Industries was having inventory trouble. The lack of accurate data from its systems was causing a number of expensive issues—quality

inventory activity  Ralco Industries was having inventory trouble. The lack of accurate data from its systems was causing a number of expensive issues—quality problems, scrap, overtime, expedited shipments, etc. Learn how implementing a new software-as-a-service (SaaS) enterprise resource planning (ERP) solution helped Ralco dramatically reduce inventory costs and achieve return on investment (ROI) in just over one year. Read More...
Transforming Inventory Into a Strategic Weapon
If you prefer the more productive, long-term approach, check out Transforming Inventory into a Strategic Weapon.

inventory activity  Inventory Into a Strategic Weapon You can view inventory optimization as a one-time fix for quick returns, or a long-term strategy for competitive advantage. If you prefer the more productive, long-term approach, check out Transforming Inventory into a Strategic Weapon . In this practical guide , you'll learn how best-in-class companies create an ongoing competitive edge by aligning their day-to-day inventory plans with top-level corporate goals. You'll discover how to define the right supply Read More...
RockySoft Inventory Management Suite
RockySoft's Web-based inventoy management modules for distribution and manufacturing include Active Inventory Manager, Demand Management, Demand

inventory activity  Inventory Management Suite RockySoft's Web-based inventoy management modules for distribution and manufacturing include Active Inventory Manager, Demand Management, Demand Collaboration Portal, Economic Order Manager, Requirements Planner, Capable to Promise, Supplier Portal, and Vendor Managed Inventory. Read More...

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