Inventory optimization

Pensa Raises $5 Million in Added Funding to Automate Retail Inventory Visibility

Retrieved on: 
Monday, January 14, 2019
Business, Supply chain management, Inventory, Inventory optimization, Lean manufacturing, Technology, Pensa, Retail, Artificial intelligence

AUSTIN, Texas, Jan. 14, 2019 /PRNewswire-PRWeb/ -- Pensa Systems , a leading innovator in autonomous perception systems, today announced it has raised $5 million in additional funding to accelerate deployment of its breakthrough system for retail inventory visibility.

Key Points: 
  • AUSTIN, Texas, Jan. 14, 2019 /PRNewswire-PRWeb/ -- Pensa Systems , a leading innovator in autonomous perception systems, today announced it has raised $5 million in additional funding to accelerate deployment of its breakthrough system for retail inventory visibility.
  • "Pensa is doing breakthrough work with AI and drones, bringing data to bear on a significant and costly problem for retail the lack of consistent on-shelf inventory visibility," said Cluss.
  • "Lack of inventory visibility is an age-old problem for brand and retailers," said Richard Schwartz, president and CEO of Pensa Systems.
  • Pensa is a leading innovator in autonomous perception systems for retail inventory visibility.

Pensa Unveils Breakthrough Technology to Automate Retail Inventory Visibility

Retrieved on: 
Monday, January 14, 2019
Merchandising, Business, Supply chain management, Economy, E-commerce, Inventory, Inventory optimization, Lean manufacturing, Retail, Online shopping

Inventory visibility is an age-old problem for brands and retailers, and it is only getting worse as e-commerce and physical store shopping combine.

Key Points: 
  • Inventory visibility is an age-old problem for brands and retailers, and it is only getting worse as e-commerce and physical store shopping combine.
  • In-store inventory visibility remains a giant black hole for the retail supply chain," said Richard Schwartz, president and CEO of Pensa Systems.
  • "We are very enthusiastic about Pensa's novel approach to retail inventory visibility and look forward to testing it in further commercial environments."
  • Pensa is a leading innovator in autonomous perception systems for retail inventory visibility.

Retailers Succeed with Single Smart Sensor Strategy for Inventory Management and Loss Prevention

Retrieved on: 
Sunday, January 13, 2019
Technology, Data management, Software, Security, Retail, Fashion, Specialty, Other Retail, Business, Supply chain management, Economy, Security, Theft, Inventory, Inventory optimization, Lean manufacturing, Retail, Sensormatic, Omnichannel

Sensormatic Solutions now supports a single smart sensor platform as part of its inventory intelligence portfolio to help retailers maintain inventory accuracy, on-floor availability, support omni-channel fulfillment and enhance merchandise protection.

Key Points: 
  • Sensormatic Solutions now supports a single smart sensor platform as part of its inventory intelligence portfolio to help retailers maintain inventory accuracy, on-floor availability, support omni-channel fulfillment and enhance merchandise protection.
  • By combining insights into retail inventory, shopper traffic and loss prevention, Sensormatic Solutions powers operational excellence at scale with smart offerings for frictionless shopper experiences.
  • The iconic retailer chose the TrueVUE solution to gain accurate and timely inventory and shrink visibility across their entire portfolio using a single smart label.
  • Several other progressive apparel retailers have embraced this smart sensor strategy and are currently in the deployment phase.

Dealer Specialties® Prepares for the 2019 Used Car Market with VinMotion

Retrieved on: 
Wednesday, January 9, 2019
Supply chain management, Inventory, Inventory optimization, Lean manufacturing, Dealer, Economy

NORFOLK, Va., Jan. 9, 2019 /PRNewswire-PRWeb/ --Dealer Specialities, a division of Dominion Dealer Solutions, is releasing VinMotion, a new dealer inventory management software.

Key Points: 
  • NORFOLK, Va., Jan. 9, 2019 /PRNewswire-PRWeb/ --Dealer Specialities, a division of Dominion Dealer Solutions, is releasing VinMotion, a new dealer inventory management software.
  • The new platform, called VinMotion, combines speed and user intuition and is one of the most unique on the market.
  • By implementing an effective UX strategy, dealers can improve how they acquire inventory and merchandise their vehicles.
  • Beginning in June 2019, Dominion will start a phased roll-out converting current inventory customers to VinMotion.

Inventory Optimization Solutions (IOS) Delivers Expert-based Supply Chain Best Practices Program for Healthcare Industry

Retrieved on: 
Tuesday, January 8, 2019
Supply chain management, Business, System software, Computing, Inventory optimization, Cisco IOS, Best practice, Supply chain, IOS

ALISO VIEJA, Calif., Jan. 8, 2019 /PRNewswire-PRWeb/ -- Inventory Optimization Solutions (IOS) today announced the launch of a new Best Practices Program for healthcare organizations.

Key Points: 
  • ALISO VIEJA, Calif., Jan. 8, 2019 /PRNewswire-PRWeb/ -- Inventory Optimization Solutions (IOS) today announced the launch of a new Best Practices Program for healthcare organizations.
  • With 15 years of healthcare-specific supply chain experience, IOS has committed to documenting and sharing industry Best Practices via this ongoing program, available to all types of healthcare provider organizations.
  • Industry and Solution level Best Practices are available on the IOS website; User level Best Practices are Envi-specific available to IOS customers through their Implementation Manager.
  • Inventory Optimization Solutions (IOS) provides healthcare organizations with powerful, affordable, uniquely modular, and easy-to-use web-based supply chain solutions that offer the flexibility to support facilities throughout the continuum of care.

The Hannas Boutique Donates $95K in LuLaRoe Inventory to the Montgomery County Women's Center

Retrieved on: 
Tuesday, January 8, 2019
Inventory optimization, Supply chain management, Business, Inventory, Lean manufacturing, Value-added tax, Management

We donated our entire inventory to the Montgomery County Women's Center as we changed vendors to Piphany.

Key Points: 
  • We donated our entire inventory to the Montgomery County Women's Center as we changed vendors to Piphany.
  • We needed to find a new home for those items so we could be free to pursue a new opportunity with Piphany.
  • Also a direct sales clothing company, Piphany is superior in its business model because stylists are not required to carry an inventory.
  • The Piphany Model is an innovation that overcomes the extreme pain point of the owned-inventory model we have been laboring under with LuLaRoe.

Vectorform works with Amazon as Solution Provider for Dash Replenishment Services

Retrieved on: 
Monday, January 7, 2019
Amazon Dash, Inventory optimization, Inventory, Replenishment, Systems integrator

DETROIT, Jan. 7, 2019 /PRNewswire/ -- Vectorformis proud to announce it is one of three companies working closely with Amazon in its Dash Replenishment Service (DRS) Solution Providers program .

Key Points: 
  • DETROIT, Jan. 7, 2019 /PRNewswire/ -- Vectorformis proud to announce it is one of three companies working closely with Amazon in its Dash Replenishment Service (DRS) Solution Providers program .
  • As one of the first Systems Integrators, Vectorform invents connected device solutions that when integrated with Dash Replenishment, can automatically reorder inventory from Amazon before supplies start running low.
  • Vectorform CEO Kurt Steckling sees DRS as a win for device makers and consumers alike.
  • It's a promising opportunity for forward-thinking companies, and Vectorform has the proven expertise to guide manufacturers in developing connected devices."

Improving the Accuracy of Inventory Orders and Minimizing Costs With the Aid of SpendEdge’s Inventory Management System

Retrieved on: 
Monday, January 7, 2019
Health, Medical devices, Business, Inventory, Supply chain management, Lean manufacturing, Logistics, Inventory management software, Stock management, Supply chain optimization, Inventory optimization

Our inventory management solution also resulted in better supply chain efficiency and helped develop a more organized warehouse by improving the accuracy of inventory orders.

Key Points: 
  • Our inventory management solution also resulted in better supply chain efficiency and helped develop a more organized warehouse by improving the accuracy of inventory orders.
  • SpendEdges inventory management system helped the client to:
    Minimize the cost of inventory while maximizing supply chain efficiency.
  • Request a free demo and see how our inventory management techniques can help you achieve better profits by improving the accuracy of inventory orders.
  • SpendEdges inventory management system also offered predictive insights on:
    Developing an organized warehouse by improving the accuracy of inventory orders.

Houston-Area Vehicle Shoppers Find Used Models With Low Mileage At Local Dealership

Retrieved on: 
Friday, December 21, 2018
Inventory optimization, Lean manufacturing, Inventory, Supply chain management

HOUSTON, Dec. 21, 2018 /PRNewswire-PRWeb/ -- For many used car shoppers, finding a model with low mileage is one of the top priorities.

Key Points: 
  • HOUSTON, Dec. 21, 2018 /PRNewswire-PRWeb/ -- For many used car shoppers, finding a model with low mileage is one of the top priorities.
  • Coast to Coast Motors has over 400 used models in their current inventory.
  • The dealership's current inventory includes a variety of models with low mileage including options with under 20,000 miles and even gently-used models with under 10,000 miles.
  • Car shoppers can browse the current Coast to Coast inventory online under the Inventory tab on the dealership's homepage.

Housing Inventory Grows for Third Straight Month

Retrieved on: 
Thursday, December 20, 2018
Inventory optimization, Lean manufacturing, Supply chain management, Business, Inventory, Management

But inventory levels are still well below where they were five years ago, and small increases have yet to meaningfully reverse those deficits.

Key Points: 
  • But inventory levels are still well below where they were five years ago, and small increases have yet to meaningfully reverse those deficits.
  • "After years of intense inventory shortages and cutthroat competition, any gains in inventory should be embraced by home buyers.
  • "Rather than calling this a true inventory recovery, it's probably more accurate to say that inventory levels are no longer in a free fall and are currently bumping along the bottom.
  • And unfortunately, it's looking increasingly unlikely that we'll see a meaningful upward surge in inventory any time soon.