Inventory optimisation is a method of balancing capital investment constraints or objectives and service-level goals over a large assortment of stock-keeping units (SKUs) while taking demand volatility into account.
Manufacturing, Logistics and Supply Chain articles
Manufacturing and Supply Chain IT articles comprising case studies, product information, opinion articles, reports, new contract wins, product launches, opinion from the trade associations, government departments, research analysts, the vendor community. These articles are about specific industry IT solutions and topics relating to how improvements and efficiency gains can be made by the use of information technology within supply chain applications. All topics are covered in these articles which include ERP/MRP, Manufacturing Software, Advanced Planning, Demand Forecasting, Supply Chain Management, Warehouse Management Software, Automatic Identification/Datacapture, Voice-Directed Warehousing, Printing & Labelling, Transport Management, Asset Management Software and Mobile Computing.
Honeywell upgrades remote management solution for AIDC
Aug 01, 2013
Honeywell has announced a significant upgrade to the automatic identification and data capture (AIDC) industry’s first integrated mobile and scanning device management solution.
Software Association awards Innovation Award to G-SCS
Aug 01, 2013
Global Supply Chain Solutions has been awarded the 'Innovation Award 2013' by the Software-Initiative Germany (SID; www.softwareinitiative.de) in the category "Collaborative Software" in the field of transport logistics and supply chain.
Winterbotham Darby to implement FuturMaster's Advanced Promotion Management solution
Aug 01, 2013
Following the successful implementation of FuturMaster's demand, supply and production modules in 2011, Winterbotham Darby recently decided to capitalise further with FuturMaster's promotional management capabilities.
Southern Storage & Transport provides online order entry system for clients
Aug 01, 2013
Southern Storage & Transport is one of the first companies to use the new eWarehouse module from Clydebuilt Business Solutions Ltd.
Sip-Well: 'ROI of 7 months. Who would ever believe that?'
Aug 01, 2013
When Sip-Well, the Belgian water coolers provider, started its logistics master plan with Ortec, the company never dreamed the results would be visible so soon. "It only took us seven months to achieve our Return-on-Investment," said Jorgen De Pelsmaeker, Director Fleet & Logistics at Sip-Well. "Who would ever believe that?"
Supply Chain Event, 26-27 November 2013 - Paris
Aug 01, 2013
Supply Chain Event - international exhibition for solutions and tools to optimise the flow of goods – gathers over 100 suppliers of solutions and technologies covering all aspects of the Supply Chain and 3,000 professionals.
Logistics Information Technology News (LogisticsIT.com)
Logistics information technology (LIT) is the use of information technology (IT) to improve the efficiency and effectiveness of logistics operations. LIT encompasses a wide range of technologies, including:
- Barcoding and electronic data interchange (EDI): These technologies are used to automate the exchange of data between different parts of the supply chain.
- Warehouse management systems (WMS): These systems are used to track inventory levels, manage orders, and optimize the flow of goods in and out of warehouses.
- Transportation management systems (TMS): These systems are used to plan and track shipments, manage carriers, and optimize routes.
- Fleet management systems (FMS): These systems are used to track and monitor vehicles, manage fuel consumption, and improve driver safety.
- Geospatial technologies: These technologies are used to track the location of goods in real time and optimize delivery routes.
- Artificial intelligence (AI): AI is being used in logistics to automate tasks, improve decision-making, and optimize operations.
LIT can help logistics organizations to improve their performance in a number of ways, including:
- Increased efficiency: LIT can help to automate tasks, streamline processes, and improve communication between different parts of the supply chain. This can lead to significant reductions in costs and improved efficiency.
- Improved visibility: LIT can help to track the location of goods in real time and provide visibility into the entire supply chain. This can help to identify and resolve problems more quickly and improve customer satisfaction.
- Enhanced decision-making: LIT can help to provide decision-makers with real-time data and insights. This can help them to make better decisions about things like inventory levels, shipping routes, and pricing.
