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Optimize Inventory, Minimize Costs with Log-hub’s New Inventory Optimization App

Log-hub

3 min read Up to 15% cost savings and boosted service levels with data-driven inventory management tailored to users’ unique demand patterns. Log-hub is expanding its portfolio with the new Inventory Optimization App , a powerful tool designed to streamline inventory management while reducing costs. Who benefits most?

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Demand Planning & Policy-Based Planning: A guide to Inventory Management

Log-hub

Do you know that 46% of warehouses face problems in inventory management due to human error? Poor inventory management is one of the common issues that causes a business to lose its profits. This can be fulfilled by following the right inventory policies.  How Does It Help in Demand Planning and Inventory Optimization?

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Log-hub Introduces New Demand Forecasting App and Enhances Existing Supply Chain Apps

Log-hub

By anticipating market shifts and providing accurate forecasts, the app helps businesses stay ahead of the curve and adjust strategies quickly to meet evolving customer needs. Seamlessly integrating with Log-hub’s Inventory Optimization App, the Demand Forecasting App creates a cohesive supply chain management solution. STILL CURIOUS?

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Understanding Reverse Logistics: Turning Challenges into Opportunities

Log-hub

Its about efficiency, sustainability, and meeting customer expectations. Seasonal Products Unsold inventory is returned from retailers after a season ends. These refurbished products meet the same quality standards as new ones, offering consumers a cost-effective option. More resources are waiting for you in our Knowledge base.

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Real-life Examples of Supply Chain Optimization

Log-hub

Artificial intelligence (AI) and machine learning algorithms analyze vast amounts of data to predict demand, optimize routes, and manage inventory levels. This system helps Walmart to: Reduced Excess Inventory: By accurately forecasting demand, Walmart can maintain optimal inventory levels, which in return minimizes the risk of overstocking.

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Supply Chain Disruption: How Stronger Collaboration Will Have a Big Impact on the Future of Logistics Management

GlobalTranz

Instead, a quick scan of a barcode label or asset inventory ID tag streamlines the data collection process, making all available information relevant to an asset immediately available company-wide with the use of cloud-based asset tracking system.

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The Black Friday Supply Chain Roadmap: Key Shifts from 2023 to 2025

Log-hub

retailers reported supply chain delays in 2023 , leading to challenges in managing inventory and meeting consumer demand. The Consumer Price Index (CPI) showed an increase of 3.2% , making inventory and shipping costs higher. To meet this demand, retailers focused on improving delivery speed and efficiency. STILL CURIOUS?