Inventory

Fla.'s Housing Market: Sales, Median Price, Pending Inventory Up at End of 2019

Retrieved on: 
Wednesday, February 12, 2020
Real property law, Housing, Townhouse, Inventory, Condominium, Condo, Real estate, Land law, Euthenics

New pending sales for condo-townhouses for 4Q 2019 increased 6.8% compared to a year ago, while pending inventory was up 4% from the same quarter the previous year.

Key Points: 
  • New pending sales for condo-townhouses for 4Q 2019 increased 6.8% compared to a year ago, while pending inventory was up 4% from the same quarter the previous year.
  • New pending sales for existing single-family homes rose 5.2% at the end of 2019 compared to the previous year, while pending inventory for single-family homes increased 8.7% from a year ago.
  • New pending sales for condo-townhouse units for the end of 2019 increased 0.2% compared to a year ago, while pending inventory for condo-townhouses was up 4% from year-end 2018.
  • At the end of 2019 and also for 4Q 2019, inventory for single-family homes stood at a 3.4-months' supply, while inventory for condo-townhouse properties was at a 5.2-months' supply, according to Florida Realtors.

Survey Shows 43% of IT Professionals Still Track IT Assets in Spreadsheets

Retrieved on: 
Wednesday, February 12, 2020
Economy, Information technology management, Business, Articles, Supply chain management, Ivanti, Remote administration software, System administration, IT service management, Asset, Inventory

According to data collected by Ivanti, 43% of IT professionals surveyed reported using spreadsheets as one of their resources to track IT assets.

Key Points: 
  • According to data collected by Ivanti, 43% of IT professionals surveyed reported using spreadsheets as one of their resources to track IT assets.
  • Further, 56% currently do not manage the entire asset lifecycle, risking redundant assets, potentially creating a risk, and causing unnecessary and costly purchases.
  • Findings from the survey demonstrate the need for greater alignment between ITSM and ITAM processes, especially when looking at the time spent reconciling inventory/assets.
  • Another time-intensive process for IT professionals is dealing with out-of-warranty/out-of-support-policy assets, with 28% of respondents reporting they spend hours per week supporting these assets.

Tauriga Sciences, Inc. Approved by Amazon to Operate Seller Central Account for its Flagship Brand: Tauri-Gum

Retrieved on: 
Tuesday, February 11, 2020
Business, Economy, Supply chain management, Communication, Forward-looking statement, Amazon, Inventory, Invoice, Purchasing

Additionally, the Company has been approved for Pay by Invoice, by Amazon Business.Pursuant to this approval, Amazon has extended a Line of Credit (Purchasing Line) to Tauriga, with Net 30 Terms.

Key Points: 
  • Additionally, the Company has been approved for Pay by Invoice, by Amazon Business.Pursuant to this approval, Amazon has extended a Line of Credit (Purchasing Line) to Tauriga, with Net 30 Terms.
  • TheSeller Centralwebsite is used to manage all aspects of selling onAmazon.Seller Centralis the website where you manage your selling account, add product information, make inventory updates, manage orders, and manage payments.
  • Such forward-looking statements are made only as of the date of this release, and Tauriga assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances.
  • You should not place undue reliance on these forward-looking statements.

PACE Supply Selects Blue Ridge Supply Chain Planning and MEIO Solutions to Automate and Optimize Plumbing Inventory

Retrieved on: 
Tuesday, February 11, 2020
Supply chain management, Business process management, Business, Economy, Inventory optimization, Price optimization, Inventory, Demand forecasting

PACE will leverage Blue Ridges Supply Chain Planning and Multi-Echelon Inventory Optimization (MEIO) solutions to implement a demand forecasting and seasonality plan to optimize its wholesale inventory of plumbing supplies, pipe, valves, fittings and more for customers in Northern California and Hawaii.

Key Points: 
  • PACE will leverage Blue Ridges Supply Chain Planning and Multi-Echelon Inventory Optimization (MEIO) solutions to implement a demand forecasting and seasonality plan to optimize its wholesale inventory of plumbing supplies, pipe, valves, fittings and more for customers in Northern California and Hawaii.
  • Blue Ridges experience and success in wholesale distribution was vital to our decision to invest in this essential supply chain planning technology.
  • Blue Ridge MEIO and Supply Chain Planning solutions create fully configured orders and highly efficient inventory allocation across locations and channels.
  • Blue Ridge Supply Chain Planning and Price Optimization solutions empower distributors and retailers to tap into undiscovered margin through enterprise-wide inventory intelligence, automation and synchronization.

B-STOCK ANNOUNCES THREE NEW EXECUTIVE HIRES TO SUPPORT STRATEGIC GROWTH

Retrieved on: 
Wednesday, February 5, 2020
Supply chain management, Inventory, Inventory optimization, Lean manufacturing, Economy

I look forward to working with Steve, Emel, and Garret to support our growth goals and further solidify B-Stock as the industry standard when it comes to a secondary market solution for inventory.

Key Points: 
  • I look forward to working with Steve, Emel, and Garret to support our growth goals and further solidify B-Stock as the industry standard when it comes to a secondary market solution for inventory.
  • At B-Stock, Steve will oversee and build the technology team to support the companys continued rapid growth.
  • With their experience, these three hires will be an integral part of driving strategy across key areas of the business and moving the company into its next chapter of growth.
  • B-Stock believes there is tremendous value in and demand for this inventory - no matter the category, condition, or location.

DealerSocket Launches New Car Pricing and Absolute Sourcing for Its Inventory+

Retrieved on: 
Tuesday, February 4, 2020
Software, Marketing, Automotive, Data management, Communications, Other Automotive, Technology, General Automotive, Supply chain management, Competition, Pricing, Business, Inventory, Sourcing, Economy

The launch of New Car Pricing and Absolute Sourcing will allow our dealers to increase profits and maintain turn.

Key Points: 
  • The launch of New Car Pricing and Absolute Sourcing will allow our dealers to increase profits and maintain turn.
  • This is evident in the incredible enhancements that we are releasing with New Car Pricing and Absolute Sourcing within our Inventory+ product at NADA.
  • Some of the innovations within DealerSockets Inventory+ showcasing at NADA this year include:
    New Car Pricing: With New Car Pricing, dealers can easily manage pricing new vehicles in bulk with visibility into OEM incentives and market listings.
  • Absolute Sourcing: Absolute Sourcing is a new feature to Inventory+ that takes a dealers buy/sell list to the next level by showing dealers exactly where to acquire vehicles that fit in their inventory.

Artificial Intelligence Wades Through Murky MRO Inventory Data To Drive Down Costs with Better Business Decisions

Retrieved on: 
Thursday, January 30, 2020
Inventory, Supply chain management, Lean manufacturing, Business, Information technology management, Stock management, Management, Data management

"Reducing MRO inventory is one way for asset-intensive manufacturing industries to quickly drive value, but siloed data in ERP and other systems result in redundant partsand understockingthat infrequent manual cleansing can't address to support dynamic business decisions," said Noble.

Key Points: 
  • "Reducing MRO inventory is one way for asset-intensive manufacturing industries to quickly drive value, but siloed data in ERP and other systems result in redundant partsand understockingthat infrequent manual cleansing can't address to support dynamic business decisions," said Noble.
  • It covered how AI's machine-learning capability continually updates and interprets market trends to drive accurate predictive inventory analyses for indirect MRO, direct goods and even finished products, instead of relying on subjective decisions.
  • To listen to the entire "Taking Stock of AI Technology for Inventory Management" webinar, visit: https://supplychainnowradio.com/episode-266/ .
  • Verusen is an innovator in materials inventory and data management technology that uses artificial intelligence to reduce working capital and support more agile supply chains.

TransAct Secures New BOHA! Solutions Order with National Contract Food Service Management Company Covering 100 Locations

Retrieved on: 
Thursday, January 30, 2020
Technology, Mobile, Wireless, Photography, Convenience store, Software, Restaurant, Bar, Food, Beverage, Retail, Supply chain management, Articles, Food and drink, Food science, Food politics, Economy, Food safety, Foodservice, Product safety, Label, Food, Inventory

agreement with a growing national contract food service management company for deployment of the BOHA!

Key Points: 
  • agreement with a growing national contract food service management company for deployment of the BOHA!
  • Terminal as well as TransAct service and TransAct specifically designed labels.
  • Contract Food Service Management companies are in need of an automated, digitized labeling system for both food safety and grab n go product offerings.
  • is the first single-vendor solution to combine applications for Food Safety Labeling, Temperature Monitoring of Food and Equipment, Inventory Management, Timers, Food Recalls, Checklists & Procedures, Equipment Service Management and Delivery Management in one fully-integrated platform.

New Report Demonstrates the Importance of Inventory Record Accuracy Within the Retail Industry, and Its Impact on Sales

Retrieved on: 
Wednesday, January 29, 2020
Supply chain management, Inventory, Inventory optimization, Lean manufacturing, Skus, Economy

A comparison of stores that were subjected to stock counts to stores that were not, allowed the researchers to understand how an improvement in inventory record accuracy improves sales.

Key Points: 
  • A comparison of stores that were subjected to stock counts to stores that were not, allowed the researchers to understand how an improvement in inventory record accuracy improves sales.
  • The research showed that approximately 60% of the analyzed SKUs suffered from inventory record inaccuracies.
  • The average magnitude of inventory record inaccuracies for the affected SKUs were roughly +6.6 and -6.0 units for positive and negative discrepancies, respectively.
  • After correcting the inventory record inaccuracies, the participating retailers experienced a sales increase between 4% and 8% - for the entire portfolio of SKUs on stock.

2020 Housing Market Forecast: More Buyers, Fewer Homes for Sale

Retrieved on: 
Wednesday, January 29, 2020
Business, Real estate industry, Redfin, Glenn Kelman, Industries, Real estate economics, Kelman, Inventory, Economy

Redfin CEO Glenn Kelman has previously calledthe big gameweekend "the weekend where the housing market either goes crazy or it takes a nap."

Key Points: 
  • Redfin CEO Glenn Kelman has previously calledthe big gameweekend "the weekend where the housing market either goes crazy or it takes a nap."
  • This year, homebuyers and sellers may not need to wait until game time to see how the housing market is playing out.
  • "The big question for the housing market this year is supply.
  • Unless a lot of new housing inventory hits the market soon, the 10-year peak in homebuying demand, coupled with a 20-year low in the numbers of homes for sale, will lead the housing market straight into the mother of all inventory crunches.