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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 basics  Inventory Optimization to Reduce Inventory Levels in a Lean Environment : Lean | Lean Management | Lean Manufacturing | Lean for Service Industry | Process Improvement | Lean Manufacturing Lean Production | Boost Productivity Become Lean | Lean Production | Lean Tools | Lean Organization | Lean Enterprise | Leading Lean | Leading Lean Software Development | Lean Manufacturing Lean Tools | Lean Practices | Productivity Lean Manufacturing | Lean Software | Lean Innovations | Origins of Lean Thinking | Read More
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » inventory basics


Business Performance Management Basics: An Overview of Business Performance Management and Its Benefits to the Organization
Business performance management (BPM) includes setting key performance indicators, using data mining to discover data patterns and using software to help drive

inventory basics  their manufacturing process and inventory control. Data mining can also be used to find patterns among multiple tables within relational databases. This is advantageous because data centralization (and having one view of corporate data) enables organizations to set the appropriate metrics. Data mining also allows them to measure these metrics more easily, find patterns which enable proactive corporate planning, and target customers based on pattern recognition. Before identifying more ways in which BPM Read More
Business Basics: Unscrubbed Data Is Poisonous Data
Most business software system changes falter--if not fail--because of only a few root causes. Data quality is one of these root causes. The cost of high data

inventory basics  began to see increased inventory levels and production line delays. A consulting firm was brought in to analyze the company's materials management processes and the level of competence of its materials and procurement staff. After mapping the entire process, from the creation of a bill of materials through post-sales service and repair, the consultants determined that the major process weakness was in the purchasing system, and more precisely, in the lack of an expediting system. In response, a more Read More
RFID Workbench: Understanding the Basics
Radio frequency identification (RFID) helps actualize the perfect integration of logistical and commercial chains and its use is rising in the US and Europe

inventory basics  for smaller partners. Reduced inventory levels , with associated cash flow benefits, produced by the availability of up-to-the-minute information along the value chain. Faster transaction processing , resulting from automation of all processes and the elimination of bottlenecks associated with manual data entry. Shorter lead times and faster time to market , made possible by the accelerated availability of information to all members of the supply chain. Reduced IT maintenance expense , provided by a Read More
Supply Chain 101: The Basics You Need to Know
Today’s manufacturers face increasing global competition and complex manufacturing networks. Supply chain management provides manufacturers with the needed

inventory basics  improvement or days in inventory would generate an additional $250,000 in revenue. To reverse this dangerous trend, it’s imperative that wholesale distributors quickly chart a new course to supply chain effectiveness. They must regain control of their operations and match their investment with their demand levels to ensure profitability. In addition, collaboration between partners can be daunting, especially since each partner wants to make a profit. Because of this and other factors (such as rising Read More
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

inventory basics  the (Excess) Inventory Flow! The conundrum of inventory management and the notion of inventory as a necessary evil (or the asset versus liability dilemma) have long been haunting and bedazzling operations and financial and accounting managers. It is a well-known fact that managing inventory risk is about managing the cost of maintaining unnecessarily high levels of inventory against the risk of running out of stock at a crucial moment of truth (MOT) when a customer actually wants something. In a Read More
Click Commerce Helps Aviall Optimize Their Service Supply Chain and Reduce Excess Inventory
Availl, Inc, the leading solution provider of sales, supply chain management, and logistic services for the aviation industry. Learn how it used Click Commerce

inventory basics  Chain and Reduce Excess Inventory Availl, Inc, the leading solution provider of sales, supply chain management, and logistic services for the aviation industry. Learn how it used Click Commerce Service Parts Optimization solutions to extend its inventory planning capabilities, enable comprehensive demand forecasting, and provide Web-based visibility into global inventories. Read More
Data Quality Basics
Bad data threatens the usefulness of the information you have about your customers. Poor data quality undermines customer communication and whittles away at

inventory basics  Quality Basics Bad data threatens the usefulness of the information you have about your customers. Poor data quality undermines customer communication and whittles away at profit margins. It can also create useless information in the form of inaccurate reports and market analyses. As companies come to rely more and more on their automated systems, data quality becomes an increasingly serious business issue. Read More
Passive RFID Solutions for Asset Tracking and Inventory Management
In the present context of business, it is becoming essential for the business world to provide electronic commerce in addition to their good old business model.

inventory basics  for Asset Tracking and Inventory Management In the present context of business, it is becoming essential for the business world to provide electronic commerce in addition to their good old business model. An electronic commerce application adds lot of value to business models and helps overall growth in the different areas of business, business management, tracking, and customer support. Customers find it’s much easier to access the products and services of a corporation through an e-commerce Read More
TCLogic, LLC
Headquartered in Indianapolis (US) and established in 1997, TCLogic develops Web-based inventory optimization solutions, built to provide customers with

inventory basics  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 care/medical; metals processing; construction materials; industrial Read More
Case Study: Rowmark LLC Doubles in Size while Reducing Inventory and Customer Service
A few years ago, the top customer complaint for plastics provider Rowmark was shipping errors. For several reasons, customers weren’t receiving what they

inventory basics  in Size while Reducing Inventory and Customer Service A few years ago, the top customer complaint for plastics provider Rowmark was shipping errors. For several reasons, customers weren’t receiving what they ordered. Problems were traced back to handwritten inventory labels, and manual counting and checking of orders. Learn how the company upgraded the system it already had by adding bar code labels and scanning, as well as other electronic data interchange (EDI) techniques. 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 basics  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
Inventory Management: 3 Keys to Freeing Working Capital
In times of economic uncertainty, you need to actively seek out best practices in how to adopt practical working capital optimization to improve financial

inventory basics  working capital—primarily by optimizing inventory management. Read More
CSN Achieves Streamlined Order & Inventory Management, Improves Customer Service


inventory basics  Achieves Streamlined Order & Inventory Management, Improves Customer Service 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

inventory basics  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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