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19 Steps to Maintain an Accurate Inventory What You Must Know About Your Inventory
It takes $2,500 in new sales to make up $100 in lost inventory, assuming a 4 percent return. Keeping an orderly warehouse with up-to-date processes and informed

just in time inventory  putaway today. Returns cannot just take a back seat to every other process in the building. If you monitored your inventory adjustments for a week, I guarantee more than half of them will be the result of a return being processed incorrectly. You know, several hundred years ago excess inventory meant a businessperson was wealthy. Today, excess inventory shows the inability to understand how to run a business or an organization. Customers today will only pay for a high level of service, and are refusing Read More...

Why Is In-transit Visibility (ITV) in the Supply Chain Important?
ITV capabilities allows an organization to meet the challenges of rapidly increasing fuel prices, changes in regulatory requirements, and provides customers

just in time inventory  a production line or just wait for the product. But the hurdle in answering this question is figuring out how far a truck driver is from the delivery location and if the inventory can be located in-transit with a third-party logistics provider (3PL). More and more companies are trying to realign their supply chain due to competitive pressures, by identifying new areas for revenue and improving overall customer service by providing on-time delivery of products with fewer errors in shipments and fewer Read More...
Learning Management Suite (LMS)
These are tools for managing, creating, scheduling training or learning in your organization. The terminology varies from vendor to vendor. Learning management systems (LMS) typically help to ma...
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Documents related to » just in time inventory


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

just in time inventory  that price erosion starts just months or even weeks after the product launch (sometimes even by a minute following rumors or speculations of a newer line coming). Inventory in the channel loses value in direct relation to the cycle of new product introduction, whereby competitors' product introductions immediately impact the market value of inventory at any stage in its life cycle. An enterprise can either firmly manage the NPDI phase-in/phase-out processes resulting in low levels of residual inventory 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

just in time inventory  consultancy services - not just during the critical integration and implementation phases - to achieve maximum benefi ts. This increases the overall cost of inventory optimization and can also introduce signifi cant delays, making it diffi cult to accurately apply inventory policy and propagate the results across the extended supply chain. On a more technical level, the peripheral nature of separate inventory optimization solutions often requires the external duplication and manipulation of data. This Read More...
Capitalizing on Advanced Inventory Management
Today’s distributors have an opportunity to drive performance to new levels by investing in advanced inventory management. These companies can expect to

just in time inventory  accounting firms now do just samplings, and our accuracies are up around 99.7%. We've eliminated the annual four-day shutdown by doing continuous counting throughout the year. The next level in Endries' growth evolution was inventory management. After implementing Infor SCM Demand Planning, the company tested it in several warehouses and found that it helped save dollars in safety stock. Our savings on just one warehouse was half a million dollars with Infor SCM Demand Planning—an ROI within one Read More...
Best-in-class Marketers Drive Enhanced Customer Loyalty
The path to a complete view of the customer lies not in eliminating data sources but in integrating them and providing access that is easy to navigate and

just in time inventory  in-class Marketers Drive Enhanced Customer Loyalty The path to a complete view of the customer lies not in eliminating data sources but in integrating them and providing access that is easy to navigate and always available. This report explores how top-performing companies are capturing, integrating, managing, measuring, and acting on valuable customer data throughout the entire customer lifecycle, to maximize customer loyalty and achieve best-in-class bottom-line results. Read More...
SAP Business Suite, Powered by SAP HANA: Delivering Real-time Business Value
Becoming a real-time business requires managing daily business transactions of your core business processes in real time, and capturing data from new sources

just in time inventory  Business Suite, Powered by SAP HANA: Delivering Real-time Business Value Becoming a real-time business requires managing daily business transactions of your core business processes in real time, and capturing data from new sources like social media or mobile apps. And you need to be able to analyze all this data. Ultimately, it requires people to be able to access real-time information on any device for immediate action. Read this white paper to learn about an in-memory platform and how it can you help Read More...
Garbage In, Garbage Out
We have all heard the phrase: “garbage in, garbage out.” When any company evaluates a customer relationship management (CRM) system, this is always one of the

just in time inventory   Read More...
Real-time Business: Playing to Win in the New Global Marketplace
To be successful in the data-driven economy, companies must leverage intelligence instantly and take immediate action. At the same time, they must ensure their

just in time inventory  time Business: Playing to Win in the New Global Marketplace To be successful in the data-driven economy, companies must leverage intelligence instantly and take immediate action. At the same time, they must ensure their decisions are based on proper data and analysis. So how are today's executives responding? To explore these issues, Oxford Economics surveyed 525 executives in March 2011. Download this report for full analysis of the results. 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

just in time inventory  Equation Technologies, MRP, inventory optimization, material requirements planning, demand management Read More...
Achieving Effective Inventory Management with Dynamics GP and RockySoft
Looking for a way to maximize the productivity and profitability of your inventory investment? Although good inventory management software is one key to an

just in time inventory   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

just in time inventory  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...
ERP in Manufacturing 2012: The Evolving ERP Strategy
This Aberdeen Group report, based on over 170 survey respondents in manufacturing, provides best-in-class manufacturing approaches to ERP strategy. Today, 92

just in time inventory  implementation goes well beyond just putting it into place. ERP, and the organization itself, should be constantly moving forward. Successful manufacturers tailor ERP in reaction to business change and needs including adding new functionality or mobile access. 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.

just in time inventory  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...

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