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Inventory Management Requires More than a WMS

Posted by Steve O'Keeffe on Sep 21, 2020 10:40:16 AM

A supply chain director for a large global manufacturing organization recently told our team, “We have invested heavily in successfully managing inventory and are utilizing our warehouse management system [WMS] to drive our digital transformation efforts and optimize our supply chain.” This response led to an internal discussion as to whether solely relying on a WMS would create a connected supply chain that provides full inventory management capabilities, delivers operational excellence, and can be the focal point of a digital transformation. 

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Topics: inventory management, WMS, Cloud Inventory®

What is Field Inventory? Tracking and Managing Inventory Outside the Warehouse

Posted by Maddie Magruder on Jun 5, 2019 10:27:49 AM

 

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Topics: asset management, digital supply chain, inventory management, inventory visibility, FIELD INVENTORY, field teams, end-to-end visibility

Back to Supply Chain Basics: Transforming Inventory

Posted by Andy Brisley on Nov 2, 2016 12:30:30 PM

When it comes to the supply chain, it’s easy to make things complicated. And when today’s consumer expects full visibility into where their product is—until the moment it reaches their front door—inventory management grows in complexity. It’s time to get back to basics.

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Topics: digital supply chain, inventory management, manufacturing, transforming inventory

You buy the inventory. You transform the inventory. You sell and service the inventory.

Posted by Andy Brisley on Oct 20, 2016 11:02:11 AM

There is a scene in the movie "Bull Durham" in which the coach of a struggling baseball team is extremely frustrated with his players. What has always stuck out to me in this scene was the coach’s demand for the team to get back to basics. A big quote that has stayed with me was, "You throw the ball, you hit the ball and you catch the ball."

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Topics: digital supply chain, digital supply chain platform, dscp, dsi digital supply chain platform, inventory management

Common Supply Chain Threats—And How to Minimize Them

Posted by Patrice Farrell on Feb 10, 2016 11:19:07 AM

Global supply chains continue to grow in complexity, but even with recent high-profile security breaches and logistics slowdowns, two new studies suggest many businesses may be underestimating supply chain threats. A recent study suggests one common threat, the loss of a key supplier, is effectively shrugged off by a surprising percentage of businesses surveyed. Zurich Insurance Ltd.’s global survey report on the potential business impact of “loss of the main supplier” for small and medium enterprises demonstrates that a majority of organizations (55%) claim they would not be affected at all were they to lose their main supplier.

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Topics: digital supply chain, DSI cloud inventory™, inventory management, supply chain, Supply Chain Management

3 Reasons to Take Your Inventory Management to the Cloud

Posted by Patrice Farrell on Dec 17, 2015 2:06:05 PM

With the holiday season in full gear, businesses race to keep up with customer demand and as a result, inventory management challenges rise to the forefront. A recent study revealed that out-of-stocks, overstocks and returns cost retail businesses a massive $1.75 trillion a year. To protect your bottom line, you need to know what’s in stock, what’s on order, and where and when it’s shipping—in short, you need real-time visibility into your inventory. Fortunately, cloud-based inventory management can play a crucial role in preventing feast or famine and addressing industry-specific inventory challenges so that you can escape the #blackfriday #fail Twitter hashtag combination next year.

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Topics: DSI Cloud Platform, cloud computing, cloud deployment, digital supply chain, DSI cloud inventory™, inventory management, mobile platform

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