4 reasons why all companies need real-time inventory visibility
Supply Chain Dive
OCTOBER 14, 2024
Real-time inventory visibility is no longer a luxury. It’s a necessity.
Reducing Obsolete Inventory: A Practical Guide
SCMDOJO
NOVEMBER 20, 2024
Excessive and obsolete inventory can cause a business to fail. One needs to mitigate these challenges and learn how to optimize inventory. Healthy inventory optimization management can help a company flourish like a wealthy field. That is why optimizing inventory and reducing obsolescence is a necessity. Click here!
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New Inventory Visibility and Collaboration Capabilities Enhance Ivalua’s Procure-to-Pay Solution
ivalua
JULY 12, 2021
Helping businesses reduce the risk of supply chain disruption, optimize inventory levels and make better buying decisions. Redwood City, CA, July 13, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its Procure-to-Pay solution with a new Inventory Collaboration capability. min, max levels)
Periodic Inventory System — Everything You Should Know
Procurement Tactics
JUNE 8, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Periodic Inventory System — Everything You Should Know Periodic inventory system is a method in accounting that is usually easier and more cost-effective. Periodic Inventory: What is it?
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Inventory Control — What You Should Know
Procurement Tactics
MAY 31, 2023
First Name Email Download 51 Prompts → Or receive our famous weekly newsletter Inventory Control — What You Should Know Inventory control allows businesses to ensure that the right amount of supply is available to meet the customers’ demands. In this article, we will discuss what inventory control is. However, what is it?
QuickBooks Barcode Scanner: Making Inventory Management Easy
Finale Inventory
JANUARY 27, 2025
Introduction A quickbooks barcode scanner transforms how small and medium-sized businesses handle their inventory management, bridging the gap between physical products and digital records. When integrated with QuickBooks, a barcode scanner for quickbooks eliminates manual data entry, reducing costly errors and saving valuable time.
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Inventory Management — Everything You Should Know
Procurement Tactics
JUNE 8, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. What is Inventory Management?
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Can AI Finally Solve Supply Chain Disruptions? Logility’s New Tech Promises Real-Time Optimization – StockTitan
Let's Talk Supply Chain
MARCH 1, 2025
their new real-time optimization tool, stocktitan, aims to revolutionize the way businesses navigate disruptions and ensure seamless operations. Imagine a platform that can predict and proactively optimize your supply chain operations, ensuring seamless processes and efficient inventory management.
The Best Ways to Use Project Management to Build Resilient Supply Chains Amid Global Disruptions
SCMDOJO
FEBRUARY 15, 2025
Businesses must find effective ways to strengthen their networks and improve flexibility to maintain stability during uncertain times. In supply chain operations, it plays a crucial role in mitigating risks, improving response times, and optimizing workflows. Enhance visibility across the supply chain through structured reports.
Pick and Pack: Your Guide to Efficient Inventory Management
Finale Inventory
JANUARY 27, 2025
Modern barcode-driven systems eliminate manual data entry, reduce picking errors, and provide real-time visibility into warehouse operations. This essential process involves selecting items from warehouse storage and packaging them for shipment, transforming bulk inventory into individual customer orders.
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Order Picking: Your Guide to Efficient Inventory Management
Finale Inventory
JANUARY 27, 2025
The integration of a barcode inventory system transforms traditional picking operations into streamlined, digital workflows. By scanning products during the picking process, warehouse staff can verify selections instantly, maintain accurate inventory counts, and dramatically reduce picking errors.
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Inventory Forecasting — Everything You Should Know
Procurement Tactics
JUNE 6, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. What is Inventory Forecasting?
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Types of Supply Chain Reports: Definition and Benefits
SCMDOJO
JANUARY 29, 2025
Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs.
Setting Up a Barcode Inventory System in 5 Steps
Finale Inventory
JANUARY 27, 2025
Introduction Setting up a barcode inventory system marks a significant step forward for growing businesses seeking to modernize their operations. When implemented correctly, barcoding transforms time-consuming manual processes into swift, accurate inventory management workflows. What Is a Barcode and Why Use It?
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How Centralized Inventory Control Towers Streamline Inventory Management
Supply Chain Brain
JUNE 27, 2024
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 analytics, and enabling real-time visibility.
Optimize Inventory With a Retail Barcode Inventory System
Finale Inventory
JANUARY 27, 2025
Introduction A retail barcode inventory system transforms the way businesses handle products, track sales, and manage stock levels. This fundamental technology bridges the gap between physical inventory and digital tracking, enabling retailers to operate with greater precision and efficiency.
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RFID Inventory Management: Your Path to Success
Finale Inventory
JANUARY 27, 2025
Introduction Radio Frequency Identification (RFID) technology has revolutionized how businesses track and manage their inventory, offering unprecedented accuracy and efficiency for small to medium-sized eCommerce and retail operations. Modern businesses require real-time visibility into their stock levels, locations, and movements.
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Navigating Ecommerce Growth: Tools for Returns and Inventory Management in 2024
Finale Inventory
FEBRUARY 19, 2024
This blog explores the strategic importance of returns and inventory management, illustrating how strategic returns can drive business success in the dynamic ecommerce environment. For customers, inadequate customer support leads can lead to delays, extending the time for processing and refunds.
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See Through Disruptions: How Supply Chain Visibility Builds Resilience
SCMDOJO
MAY 7, 2024
Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. The powerful concept of Supply Chain Visibility lies at the core of resilience. Supply Chain Visibility refers to tracking and monitoring the movement of goods, services, and information throughout the supply chain.
Agentic AI in Supply Chains: The Future of Decision Making
SCMDOJO
FEBRUARY 16, 2025
The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting. Automates restocking processes to maintain optimal inventory levels.
Integrated Logistics — What You Should Know
Procurement Tactics
MAY 22, 2023
The goal of integrated logistics is to optimize the entire supply chain by minimizing costs, improving efficiency, and ensuring timely delivery of products to customers. Improved operations Sharing performance data in real-time among various departments within logistics organizations can enhance operational efficiencies.
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Retail Inventory Management: 15 Best Practices for 2024 | Ecommerce
Finale Inventory
JULY 18, 2024
Retail inventory management is a fundamental part of running a successful ecommerce business. Effective strategies can optimize inventory control and enhance overall efficiency. This article outlines key aspects of retail inventory management and future trends shaping the industry.
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Inventory Holding Cost — The Ultimate Guide of 2022
Procurement Tactics
AUGUST 11, 2022
Inventory Holding Cost — The Ultimate Guide of 2022. Inventory holding costs are one of the fees that an organization or business incurs. In this article, we will discuss what inventory holding cost is. Additionally, we will explain the components of inventory carrying costs and how they can be reduced. . Cost of capital.
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What Are the Benefits of Having a Transport Management System?
Procurement Tactics
JANUARY 23, 2023
By collecting data on routes, stock levels, drivers’ availability, vehicle tracking, and other pertinent information, a transport management system accurately forecasts expected delivery times while efficiently scheduling drivers accordingly.
Supply Chain Visibility – An Overcomplicated Challenge!
Supply Chain Game Changer
AUGUST 26, 2021
Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. Even the most robust ERP systems seem to lack the visibility that organizations are desperate to acquire, and in real-time. Shipment to customer. “C” Subscribe Here!
Choosing the Right ERP System for Manufacturing: Key Features to Consider
Jaggaer
APRIL 9, 2025
Pairing a dedicated Source-to-Pay (S2P) solution with ERP strengthens procurement by enhancing visibility into supplier performance, automating workflows, and enabling smarter decision-making. Making the most of an ERP system in manufacturing means understanding how it ties into production, inventory management, and supplier coordination.
5 Ways to Get Paid Faster: Streamlining Your Cash Flow
Finale Inventory
NOVEMBER 18, 2024
This technology streamlines the invoicing and collection, reducing manual errors and saving valuable time. Benefits of AR Automation: Digital Invoicing : Generate and send digital invoices automatically for timely and accurate billing. This, in turn, accelerates the payment cycle and improves overall cash flow.
AI in Logistics – The Ultimate Guide
Procurement Tactics
JUNE 19, 2023
Artificial intelligence is being used to automate routine and time-consuming work in warehouses such as packing and sorting of goods which helps to improve efficiency, reduce errors and costs. It is also used to improve the accuracy of demand forecasting, inventory management , and transportation planning.
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Mastering Warehouse Labeling for Clear Inventory Control
Finale Inventory
FEBRUARY 15, 2024
Warehouse labeling can seem like a tedious aspect of inventory control, but it can have a huge impact on your warehouse operations. Think time is money? The same goes for packing and stock taking – clear labels minimize errors, ensure accuracy, and free up valuable time for other crucial tasks. But the benefits go beyond speed.
How Graph Databases are Improving the Resilience of Supply Chains – ChannelLife New Zealand
Let's Talk Supply Chain
MARCH 24, 2025
representing data as nodes and relationships, companies can easily track the flow of products, identify bottlenecks, and optimize their inventory levels in real-time. One key advantage of using graph databases in inventory management is their ability to enhance the resilience of supply chains.
Achieving Supply Chain Resilience: Strengthen and Adapt Your Operations
Skill Dynamics
JANUARY 7, 2025
Global conflicts, macroeconomic shocks, and shifting global trade routes are all combining to provide real challenges to modern supply chains, and are driving the uncertainty that organizations feel. Businesses should try to leverage real-time data to allow for quick and informed decision-making to minimize delays.
Obstacles to Multi-Tier Supply Chain Visibility!
Supply Chain Game Changer
SEPTEMBER 5, 2022
Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility. Visibility comes at a cost – one we’ve spoken about before: trust.
The Evolution of Warehousing: From Storage to Strategic Asset
SCMDOJO
AUGUST 28, 2024
Inventory management was rudimentary, often relying on manual processes and paper-based systems. This approach limited visibility and control over stock, leading to inefficiencies and potential stockouts. This focus on efficiency led to faster order fulfillment and improved inventory control.
Navigating the Future of Supply Chains: Insights & Procurement
Jaggaer
DECEMBER 5, 2024
A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority. The Visibility Challenge: Why Seeing Clearly Matters A major insight from the report is the visibility gap, particularly with tier 2 and tier 3 suppliers.
Shipping Barcode Scanner: Your Guide to Efficient Shipping
Finale Inventory
JANUARY 27, 2025
These digital tools bridge the gap between physical inventory and digital tracking systems, dramatically reducing human error while accelerating shipping processes. As a crucial component of a comprehensive barcode inventory system , scanning technology enables businesses to maintain real-time visibility of their inventory movements.
Warehouse Barcode Scanner for Efficient Operations
Finale Inventory
JANUARY 27, 2025
Introduction Modern warehouse operations demand precision, speed, and real-time visibility – qualities that a well-implemented warehouse barcode scanner system delivers with remarkable consistency. These systems serve as the eyes and hands of inventory control, transforming physical products into trackable digital assets.
The ultimate guide to Virtual CFO tools
Procurement Express
FEBRUARY 28, 2025
But to do that effectively, you need the right tech stack to streamline processes, automate tedious tasks, and provide real-time financial insights. The best virtual CFOs combine multiple tools to create a system that reduces manual work and improves financial visibility. What are virtual CFO tools?
Elevating Supply Chain Visibility through Effective Marketing
SCMDOJO
MARCH 19, 2024
Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.
The Overlooked Three Benefits Of ProcureTech Success In The Cosemetics Industry
Procurement Insights
MARCH 23, 2025
“ The Forgotten Three A successful ProcureTech implementation can significantly influence product quality, supplier delivery performance, and full-time equivalents (FTEs) in indirect procurement by enhancing efficiency, visibility, and collaboration across the supply chain. Real-time data and AI (e.g.,
Prevent Inventory Shortages: Tips for Small Businesses with Finale Inventory | Ecommerce
Finale Inventory
AUGUST 15, 2024
Inventory shortages can seriously impact small businesses, leading to lost sales and dissatisfied customers. However, with the right strategies and tools, such as Finale Inventory, businesses can effectively prevent shortages and maintain optimal stock levels. Breakdowns in communication or delays can lead to inventory shortages.
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The missing link: Why visibility is essential to creating a resilient supply chain
IBM Supply Chain Blog
MARCH 21, 2023
Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? And since one of the major drivers of resiliency is visibility, you can see where this problem takes root.
At which point should end-to-end (S2C) source-customer visibility begin in the manufacturing process?
Procurement Insights
NOVEMBER 21, 2023
EDITOR’S NOTE: In December 2010, I wrote an article about one of Time Magazine’s picks for the Top Innovations in 2008 – Made-in-Transit Packaging. I obviously think what EiKO is doing regarding process visibility is great – kudos to the company for its progressive customer-centric thinking.
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Supplier Collaboration: Driving Innovation and Competitive Advantage
Jaggaer
OCTOBER 24, 2024
The result is a vehicle that meets market demands for sustainability and performance while reducing time to market and production costs. This not only helps avoid stockouts but also reduces the need for excessive inventory, reducing overage and storage costs. leading to a more innovative and efficient final product.
ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain
ivalua
FEBRUARY 25, 2021
A best-in-class solution may also offer inventory management features to enable you to auto-replenish orders, as well as workflows with client-defined business rules to enforce payment channel buying strategies. Best-in-class solutions do a better job of capturing usage data for healthcare products at the time of patient use.
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