Distribution

Using RFID technology For Real-time Inventory Tracking

WBSP073: Using RFID for Real-Time Inventory Tracking w/ Andrew Johnson

Leave a Comment / Consumer Goods, Distribution, High Tech & Electronics, Podcast, Uncategorized / By Abdulbasit ilori

RFID technology has been available for a long time, but its adoption has mostly been limited to high-value assets. Many manufacturers are skeptical about using RFID technology in their supply chain networks. They often overlook its potential to track everyday items and serve as an excellent replacement for barcode labels. Unlike barcode labels, which require …

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Top 10 ERP Systems For Service-centric Industries In 2024

Leave a Comment / Blog, Distribution, Enterprise Architecture, ERP, Food and Beverage, Retail, Service Companies / By Sam Gupta

Service-Centric Businesses: Typically devoid of inventory-centric operations, ERP systems for service-centric industries demand distinctive features and architecture. Unlike their product-centric counterparts, which heavily rely on inventory-costing layers and MRP strategies, service-centric industries exhibit even more operational diversity. In some cases, ERP functions confine themselves to managing corporate financial ledgers, while custom software handles the bulk …

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Top 10 Real-Time Transportation Visibility Platforms 2024

Leave a Comment / Aerospace & Defense, Automotive, Blog, Chemicals, Construction, Consumer Goods, Distribution, Food and Beverage, High Tech & Electronics, Industrial Manufacturing, Life Sciences, Retail / By Sam Gupta

In the realm of real-time transportation visibility platforms, apparent similarities abound, with each touting comparable capabilities. Yet, distinctions emerge; some specialize in specific modes, while others offer multi-modal prowess. Geographic coverage further diverges, with prevalence in North America for some and exclusive focus on Europe for others. While some function as standalone applications, their primary …

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Top 10 Supply Chain Business Network Platforms In 2024

Leave a Comment / Aerospace & Defense, Automotive, Blog, Chemicals, Consumer Goods, Distribution, Food and Beverage, High Tech & Electronics, Industrial Manufacturing, Life Sciences, Retail / By Sam Gupta

Before the advent of supply chain business networks, industries depended on research and survey-based approaches for supply chain planning. Companies in the data business often erred significantly, leading to inefficiencies throughout the supply chain. Establishing networks was challenging due to communication standard disparities and the difficulty of persuading the entire industry to converge on a …

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Top 10 Supply Chain Suites In 2024

Suite roles in architecture hinge on cross-functional embeddedness. Supply chain suites restrict ERP suites to financial reporting, while retail-focused suites demand collaboration with WMS, TMS, and OMS for mature capabilities like inventory management and allocation. These were traditionally considered to naturally reside particularly inside the ERP, sparking debates if hosted elsewhere. In retail, procurement aligns …

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Top 10 S&OP Systems In 2024

Running inventory-centric operations without an S&OP system is nearly impractical. Traditionally, businesses managed operations through complex spreadsheets, merging data from various sources. Despite ERP systems claiming S&OP capabilities, their rigid data structures for transactions hinder analytical workflows. An alternative system with a more flexible structure is needed, one that allows easy manipulation without disrupting core …

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Top 10 Project Management Systems In 2024

Enterprises undertake a myriad of projects, each presenting distinctive characteristics—internal or external, short or long-term, billable or cost-centric, and varying across industries with specific scheduling and reporting needs. Construction projects diverge substantially from software development endeavors. Each falls under the umbrella of project management, necessitating diverse processes and unique capabilities from project management systems. How …

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Top 10 KPIs For Operations Managers

Operations managers are often responsible for all operational business processes from start to finish. From employees to suppliers, projects, jobs, and meetings, they strive to increase productivity, lower costs, and improve the quality of work. Their job is to empower their team of material planners, schedulers, estimators, warehouse workers, field service technicians, consultants, quality managers, …

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Top 30 KPIs For Inventory Managers

Leave a Comment / Blog, Consumer Goods, Distribution, Food and Beverage, Retail / By Shrestha Dash

A skilled inventory manager is one who carefully balances customer satisfaction with efficient capital management. Inventory managers take on the central role, overseeing the seamless flow of goods, optimizing stock levels, and ensuring the availability of the right products at the right time. Their responsibilities span from managing warehouse operations to refining procurement strategies, all …

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Top 4 ERP Inventory Management Best Practices

Leave a Comment / Blog, Distribution, Enterprise Architecture, Industrial Manufacturing, Retail / By Shrestha Dash

What is inventory? Inventory can be anything that has a financial value. It can be a product or a service. It is anything and everything that goes on your sales order or purchase order. Now, the second task is to manage your inventory efficiently. Before you know about efficient ERP inventory management best practices, let’s …

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