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Inventory Control: 6 Ways to Maximize Profitability & Minimize Costs

Cyzerg

Inventory control is a crucial element of success in the ever-evolving world of warehousing. Effective inventory management can significantly impact a company's profitability and overall financial health. With the right strategies and tools, businesses can master the art of inventory control. Let’s dive in.

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Stockouts: Guide to Prevent and Manage Inventory Shortages

Cyzerg

Stockouts or inventory shortages can spell disaster for businesses. To help businesses navigate this challenge, we have compiled a comprehensive guide on preventing and managing inventory shortages. Additionally, we will discuss effective inventory management techniques that can help businesses minimize the occurrence of stockouts.

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Smarter Fleet Operations with Kayne Grau

The Logistics of Logistics

Their focus is on translating data into actionable insights that improve operations, increase efficiency, and reduce costs. Uptake leverages industrial data science to offer over 45 patents, almost 200 data science models, and has received recognition from several industry leaders such as Gartner, Verdantix, CNBC, and Forbes.

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Resilience by Design: The Power of Simulation in Supply Chain Strategy

Logistics Viewpoints

Supply chain network design (SCND) is a powerful tool for improving business operations. Demand is at the Heart of Supply Chain Network Design The first step in the SCND process is translating business rules into a set of data inputs: demand, products, customers, sites, shipment rules, production details, and various constraints.

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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

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Peak Season Prep: 2024 Trends & Strategies

Ship Monk

Today we’re going to look at some of the consumer trends that might affect your preparations for peak season 2024, and strategies to maximize them. Reduce shipping and inventory costs to gain pricing flexibility. It should have robust tools for data analysis, reporting, tracking, forecasting and managing inventory.

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Beyond the Yard: How Velostics Streamlines Scheduling with Gaurav Khandelwal

The Logistics of Logistics

Velostics aims to eliminate manual scheduling, reduce friction in the handoff process, and provide user-friendly tools for better decision-making. Velostics helps optimize appointment booking, contactless check-in, and dock management, reducing friction in the handoff process.