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supply chain inventory optimization

How Supply Chain Inventory Optimization Minimizes Costs

Many companies struggle with supply chain inventory optimization. They need to overcome distributed data and inventory, navigate complex networks of locations, and manage configurations of thousands of parts. Without the right solution, they will blindly make decisions critical to their business operations. To navigate these obstacles, organizations need to: Integrate inventory management to the planning process. Inventory management is the…

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5 Things to Consider when Using the IoT for Supply Chain

With one device talking to another, the Internet of Things can potentially change the industrial sector. It creates a great opportunity for companies to streamline and get rid of the waste in expensive and inefficient supply chains. It also allows companies to control their external environment and execute decisions. With the IoT, equipment can communicate data such as temperature and operation…

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Supply Chain in the Future: Driving Innovation with Augmented Reality

Small businesses have caught a boost on their sales from Pokémon Go, an augmented reality game launched by Niantic. The game has been bringing in more customers and boosting their sales. It has helped businesses attract more customers and increase their revenue. However, this is only the start of the future of supply chain. The augmented reality trend is set…

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The Major Trends in Warehouse Inventory Management for 2017

In this changing industry, you need to address the slowing and outdated processes in order to survive and compete against your competitors. That’s why you need to adopt and refine trends in warehouse inventory management. It helps you meet the growing logistical challenges that are affecting  customers’ satisfaction levels and your company’s bottom line. Warehouse management is becoming more complex…

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3 Key Issues Every e-Commerce Business Needs to Address

In recent years, e-Commerce has eliminated a lot of barriers for aspiring business owners. Everyone can just easily sell on Amazon, eBay or create their self-hosted website. It has become easier to set up an online shop and market goods across the globe. However, staying on top of the e-Commerce business is not as easy as setting it up. Here…

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Supply-chain-visibility

Supply Chain Visibility: Why is it Critical to Your Enterprise?

The global supply chain has become so complex that communication and collaboration of parties outside and inside the enterprises have become critical. This can be achieved through transparency in the supply chain. Supply chain visibility promises numerous benefits, including reduced costs and customer satisfaction. However, these are only two of the main reasons why it is critical to your enterprise….

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