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Inventory Control Is Perhaps the Most Powerful Tool You Have for Containing Your Warehousing Costs
Your company's success is not only dependent on sales, but also on your company's ability to say,

inventory tool  Containing Your Warehousing Costs Inventory Control Is Perhaps the Most Powerful Tool You Have for Containing Your Warehousing Costs Featured Author - Ren Jones - November 26, 2005 Originally published - November 15, 2003 Inaccurate Inventory Costs Plenty What asset do you have that is more valuable than your people? Inventory! Without it what business would your company be in? Year after year we try to get a handle on this thing called inventory. We select the weekend, we order lunch, we discuss who Read More

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Documents related to » inventory tool


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

inventory tool  technology areas are: a) Inventory optimization b) Forecasting system that supports some form of customer-level forecasting c) B2B collaboration platform Table 1. Technology Adoption Intentions of Distribution Companies Have Today or Budgeted Future Plans No Plans to Adopt B2B collaboration platform 21% 43% 36% Tool that optimizes inventory policies at SKU location level 27% 47% 27% Distributed order management system 31% 38% 31% Forecasting system that supports customer-level forecasting 33% 47% 20% Read More
How Inventory Optimization Can Increase Your Profitability
One of the largest expenses for distributors and wholesalers is stock. Many have difficulty finding the perfect balance between ensuring products are available

inventory tool  Warehouse Inventory Optimization | Inventory Optimization Program | Software Tool for Inventory Optimization | Inventory Optimization Resources | Multi Echelon Inventory Optimization | Investment in the Optimization | Achieve Inventory Optimization | Critical Inventory Optimization | How Inventory Optimization Can Increase Profitability | Inventory Optimization at Lower Operational Costs | Multi Stage Inventory | Successful Inventory Optimization | IBS Inventory Management Software | What is Inventory Read More
Lean Inventory by the Numbers
Getting lean is not a simple task; it requires an aggressive, iterative approach to examine complex tradeoffs. And given the number of variables that

inventory tool  Inventory by the Numbers Getting lean is not a simple task; it requires an aggressive, iterative approach to examine complex tradeoffs. And given the number of variables that characterize a distribution center (DC) and its constituent stock keeping units (SKUs), performing this type of analysis without using the right tools can be daunting—if not impossible. Find out how a tool-based approach can make getting lean easier. 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

inventory tool  routine identification of at-risk inventory and a suite of Internet-based auction portals to streamline its disposition, the major task remaining is the establishment of a tool set for list routing and approval and for reporting of key performance indicators (KPIs). That is the task handled by FreeFlow Site Manager module. With this module, approval routings take the hassle out of the inventory listing approval process. To that end, automated list routing to the sales, finance, and SCM personnel (with 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

inventory tool  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
Attributes of Sarbanes-Oxley Tool Sets Part Two: Information and Communication, Monitoring, and Startup Tips
An earlier article, Audit Considerations for Enterprise Software Implementations, included a brief discussion of the use of computer-based tool sets and

inventory tool  systems (such as the inventory management system) and cross-check the system counts against individual transactional processing product accumulations. Support internal and external audits by providing detailed logs of each transaction and the results of the business-model audit. The system will check every transactions, every resource and will be able to provide statistical sampling when needed for operations and personnel reviews. Log each activity that takes place as a record of accounting events and Read More
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

inventory tool  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 in a changing economy. As inventory is a challenging issue for all types of manufacturing organizations, regardless of industry. If an organization can manage its inventory without losing focus on demand and where its dollars are being spent, it may achieve its inventory objectives. Gary 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 tool  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
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 tool  working capital—primarily by optimizing inventory management. Read More
Grocery Chain Gains Productivity and Information Visibility for Better Inventory Control


inventory tool  Information Visibility for Better Inventory Control Read More
Human Capital Alignment: An Effective Tool for HR Value Proposition


inventory tool  Capital Alignment: An Effective Tool for HR Value Proposition 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 tool  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
Fixed Asset Inventory: A Guide to Getting Started
Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting

inventory tool  Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. However, the importance of tracking and managing fixed assets such as land, buildings, transportation, and manufacturing equipment is often overlooked. This white paper discusses best practices for fixed asset inventory management and suggests tips for Read More

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