Inventory management is a pendulum that is constantly swinging from calm to chaos. When product demand increases, availability decreases. The immediate reaction is to over compensate and substantially increase purchase orders. Demand then declines leaving extensive overstocks. It is a cycle that repeats itself with each new product.
Companies ignore reverse logistics at their own peril, because improving the returns process is a relatively easy way to move dollars to the bottom line. An automated reverse logistics operations
Did you hear the one about the guy who attended an industry conference and a reality television show broke out? That’s what happened during 60 Ideas in
On the front end, personalizing products is a great idea that can give you a distinctive edge over your competitors. On the back end, however, offering
Forecasting inventory for seasonal demand takes philosopher George Santayana’s dictum Those who cannot remember the past are condemned to repeat it and
There was nary a thou shalt among the 12 commandments of performance management put forth by Kate Vitasek, managing partner of Bellevue, WA-based consultancy
Bill Tyng, a systems consultant for Cincinnati-based supply chain consultancy Forte, has seen a lot of problems and pitfalls with implementing WMSs. Here
Anumber of direct marketing executives are expressing interest in comprehensive warehouse management systems (WMSs), but that doesn’t mean they’re investing
You’re the CIO of a multichannel company and responsible for the following: a retail merchandising and planning system that runs on IBM’s iSeries processor
When it comes to the supply chain, radio frequency identification (RFID) has been hogging the spotlight. But while RFID tags have received plenty of buzz