Discover how purchasing systems streamline inventory management, control costs, and ensure efficient purchasing from requisition to payment.
Working with a prominent construction equipment manufacturer in the United States, Muruganandan Durai Raj spearheaded a groundbreaking digital transformation initiative that revolutionized how the ...
NEW YORK & MUNICH--(BUSINESS WIRE)--Celonis, the global leader in Process Mining and Process Intelligence, today shared the results of an innovative AI-driven solution that is optimizing Smurfit ...
Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...
Analyst Insight: AI revolutionizes initial inventory planning and stockpiling by estimating demand even when historical data is missing. This optimizes procurement, reduces costs, and prevents ...
When $100,000 worth of equipment is on a client’s site, good inventory management is good business. When that inventory includes high-end remotely operated vehicles (ROV), the demand is yet more ...
What Is Enterprise Inventory Management? At the enterprise level, inventory management is the process of overseeing a company’s inventory levels. This includes ordering, storing, using and selling ...
In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...
In a time of extreme unpredictability, companies need to centralize inventory control. It’s imperative to drive agile decision-making by consolidating data across the network, employing advanced ...
After barcodes were put into use more than 50 years ago, the technology revolutionized the grocery business. The technology also revolutionized nearly everything else in the supply chain and logistics ...
Learning how to manage inventory efficiently is critical to any business that sells physical goods. From timely ordering of supplies to tracking and storage, any mistakes can directly impact your ...