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19 Steps to Maintain an Accurate Inventory What You Must Know About Your Inventory
It takes $2,500 in new sales to make up $100 in lost inventory, assuming a 4 percent return. Keeping an orderly warehouse with up-to-date processes and informed

inventory theory  to Maintain an Accurate Inventory What You Must Know About Your Inventory 19 Steps to Maintain an Accurate Inventory What You Must Know About Your Inventory Featured Author - Ren Jones - May 19, 2005 Introduction Peter Drucker, the foremost author and expert on enterprise and self-management, and one whom I am sure everyone reading this has probably heard of, stated, We know little more about distribution today than Napoleon's contemporaries knew about the interior of Africa. I found out just how true Read More
Help Desk for the Health Care Industry
Help Desk is an application for assisting and managing calls for support from computer users. It also includes computer and software inventory tracking along with technical support knowledge bas...
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Documents related to » inventory theory


Challenging the Competition: Mega-mergers and Supply Chain Technology
In theory, the Kmart-Sears merger could produce a new layer of competition to mega-retailers such as Wal-Mart. However, it needs more than just size to be

inventory theory  concepts of vendor managed inventory (VMI), cross-docking, direct shipment, and radio frequency identification (RFID) (see RFID—A New Technology Set to Explode? ) are notable. Consequently, Wal-Mart is the leader in global sourcing and in tracking demand and providing visibility to sales and inventory throughout its humongous supply chain. Systems are updated with the latest sales in fifteen minutes at the store level and within an hour back at the home office in Bentonville, Arkansas (US). The Read More
CMMS Templates for Effective Implementations Part Three: 7 Steps to Rapid More Successful Implementations
With the advances today in technology it has become obvious that there is a need for maintenance management theory and practice to catch up with the advances

inventory theory  planning and execution systems Inventory management and dispatching systems Some of the expected outcomes of this phase should be the development of role descriptions and role interactions, as well as the Work Order Life Cycle. From here we are able to determine what are the business rule and process requirements of our system, as well as what are all of the roles those who need to interact with the system, and at what point their intervention is required. For those systems with complex authorization Read More
Inventory and Lead Times - Understanding Decoupling Points
While inventory is necessary in manufacturing, most companies would like to reduce their inventory, but only if that did not cause problems. Managing inventory

inventory theory  not cause problems. Managing inventory according to decoupling theory is the most effective approach to reducing (the wrong kinds of) inventory without damaging service level—without increasing the risk of shortages that disrupt production (components and materials) and hurt customer service (finished goods). Read more. Read More
The Five Keys to World-class Distribution
When looking at extended enterprise resource planning (ERP), supply chain management (SCM), or customer relationship management (CRM) solutions, some companies

inventory theory  order management, warehouse and inventory control, planning, sourcing, transportation and logistics, administration and fnance. Being world-class is all about being as good as any competitor in the world, and just a little bit better, quicker, smarter, or more responsive than the rest. World-class distributors can choose their battles and compete on their own terms. They are in control of their own destiny and are seldom, if ever, blindsided by something they haven’t anticipated or cannot handle. About Read More
Better Inventory Management: Big Challenges, Big Data, Emerging Solutions
Effective inventory control and management is a vital function to help insure the continued success of distribution and manufacturing and companies. Learn about

inventory theory  Inventory Management: Big Challenges, Big Data, Emerging Solutions Effective inventory control and management is a vital function to help insure the continued success of distribution and manufacturing and companies. Learn about new, flexible, and more refined tools that provide for dynamic optimization of inventories to maximize customer service, throughput, and market share, while decreasing inventory investment and lowering costs. Read More
Inventory Optimization: A Technique for Improving Operational Inventory Targets
To boost efficiency, run leaner, and drive down the cost of supply, many organizations are exploring inventory optimization—a technique for improving

inventory theory  Technique for Improving Operational Inventory Targets To boost efficiency, run leaner, and drive down the cost of supply, many organizations are exploring inventory optimization—a technique for improving operational inventory targets to address the realities of today’s highly complex, ever-evolving global supply chains. This paper examines how the stochastic multistage, multi-inventory model supports inventory optimization. Read More
Inventory Management Report: Driving the Fastest ROI for the Mid-market
Large enterprises have different warehouse management and inventory management needs than do small and mid-market companies. Find out about the key factors to

inventory theory  different warehouse management and inventory management needs than do small and mid-market companies. Find out about the key factors to success for mid-market companies, identify big-picture trends and needs that can help you overcome barriers to enjoy inventory management as a true strategic advantage—and learn about an inventory management solution specially designed for the mid-market. Read More
Case Study: How Novelis Slashed Inventory by Eight Million Pounds
Novelis is the world leader in aluminum rolling and beverage can recycling. Novelis produces advanced aluminum sheet and foil products for customers in high

inventory theory  Study: How Novelis Slashed Inventory by Eight Million Pounds Novelis is the world leader in aluminum rolling and beverage can recycling. Novelis produces advanced aluminum sheet and foil products for customers in high-value markets, including automotive, transportation, packaging, construction, and printing. Find out how scheduling technology improved some of its most important key performance indicators (KPIs). Read More
Fixed Asset Inventory: A Guide to Getting Started
Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting

inventory theory  Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. However, the importance of tracking and managing fixed assets such as land, buildings, transportation, and manufacturing equipment is often overlooked. This white paper discusses best practices for fixed asset inventory management and suggests tips for Read More
Leading Airline Improves Inventory Management
Delta is the world’s second largest airline in terms of passengers carried and the leading US carrier across the Atlantic, offering daily flights to 502

inventory theory  Airline Improves Inventory Management Delta is the world’s second largest airline in terms of passengers carried and the leading US carrier across the Atlantic, offering daily flights to 502 destinations in 88 countries. With $1 billion (USD) worth of parts inventory at one time, Delta needed a supply chain system to aid the company’s maintenance, repair, and operations (MRO) activities. Learn how Delta implemented a full MRO technology suite from Click Commerce, that focuses on supply chain Read More
Case Study: Rowmark LLC Doubles in Size while Reducing Inventory and Customer Service
A few years ago, the top customer complaint for plastics provider Rowmark was shipping errors. For several reasons, customers weren’t receiving what they

inventory theory  in Size while Reducing Inventory and Customer Service A few years ago, the top customer complaint for plastics provider Rowmark was shipping errors. For several reasons, customers weren’t receiving what they ordered. Problems were traced back to handwritten inventory labels, and manual counting and checking of orders. Learn how the company upgraded the system it already had by adding bar code labels and scanning, as well as other electronic data interchange (EDI) techniques. Read More
Grocery Chain Gains Productivity and Information Visibility for Better Inventory Control


inventory theory  Information Visibility for Better Inventory Control Read More

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