Tag: Inventory Management

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Tag Archive: Inventory Management

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Supply Chain Issues are Zapping Profits: What Can SMBs Do To Minimize Risk?

Record-hitting inflation, worker shortages, cybersecurity risks, natural disasters and shifting demands are stressing what was an already fragile supply chain. Some economists note this is the worst supply chain crisis we’ve seen in 50 years. Every sector of the economy…

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The ‘Just in Case’ Supply Chain Mindset:
How Manufacturers are Accelerating Digital Strategies

Over the last two years manufacturing has been the definition of resilient. From losses in financial and human capital to complete operational overhaul, it’s weathered the worst – and come out ahead. Not only did manufacturers make in-the-moment pivots, they’ve…

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Discrete Manufacturers: Say Goodbye to Supply Chain Headaches and Hello to Traceability

For discrete manufacturers, supply chain challenges are increasing every year and becoming more of a daily concern. A recent report from IDC says that 97% of discrete manufacturers will focus on visibility, with 60% concentrating their efforts on end-to-end traceability…

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Demand Planning Takes on New Importance: Post-pandemic Forecasting Requires Clear Insight

It seems everyone is talking about the shock to the world’s supply chains triggered by the pandemic and its nascent recovery. With much of the focus on how to get raw materials when and where we need them, less of…

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The Digital Imperative for Manufacturers

It’s ingrained in the American psyche — the scrappy, hardworking individualism, resourcefulness, and sheer determination that leads to entrepreneurial success. The only trouble with that trope is that scrappy is just not scalable. While brute force and a commitment to…

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How Manufacturers and Distributors Can Build an Agile Supply Chain for the Post-Pandemic Era

Slowly but surely, the world is reopening. Factories are catching up on backlogs, and supply chains are rumbling back to life. Despite these positive signs, no one is suggesting we go back to business as usual. Wholesale distributors and manufacturers…

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The Strategic Supply Chain Role of the Post-Pandemic CFO

Manufacturers and distributors find themselves amidst a new set of post-pandemic challenges. Demand is sky-high, costs are volatile, labor is scarce, and over-stressed supply chains struggle to get back up to speed. In fact, with so much disruption to global…

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The Supply and Demand Roller Coaster — How Manufacturers and Distributors Can Stop the Ride

At the height of the pandemic, demand for many goods and services tanked. Restaurants and retailers shuttered and millions were out of work. Today, we seem to have the opposite problem. Demand is sky-high, supplies are limited, and skilled workers…

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Post-Pandemic Supply Chain Challenges: How Manufacturers and Distributors can Grow Amidst Uncertainty

The pandemic revealed significant vulnerabilities in supply chains around the world. The challenge now is to build them back — better. The coronavirus pandemic disrupted supply chains around the world. Almost instantly, we saw lead times and prices jump while…

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Where Does it Hurt: Top Inventory Management Pain Points

Product-based businesses face many inventory management challenges that can impact all aspects of their business — from customer satisfaction to gross margin to return on investment. Whether it’s a lack of real-time visibility across locations or manual processes that result…

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Are You Losing Money with Inefficient Warehouse Operations?

Whether you’re a small distributor, a mid-size manufacturer or even a large retailer, warehouse optimization should be the top-most concern as no other area of the business can deliver greater gains in efficiency, accuracy, speed, customer service, and ultimately profitability….

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How a Warehouse Management Solution Provides Competitive Advantage

As e-commerce sales continue to increase, drop shipping becomes the norm and overall expectations around shipping make customer satisfaction more difficult to achieve, competitive advantage for companies that sell or distribute products ultimately comes down to a warehouse’s ability to…

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Why You Need Lot Traceability for Your Food & Beverage Business

The food and beverage industry has certain standards when it comes to keeping track of products. But when you’re talking about tracking thousands of products, the task becomes pretty difficult to manage. That’s why Sage X3 is a must-have for…

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Welcome to the Age of Smart Manufacturing

The industrial internet of things promises to be pivotal to the next industrial revolution in manufacturing. How? By harnessing all the power that digital technology offers through artificial intelligence and advanced machine learning. Still very much in its infancy, IoT…