Stock management

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.

GHX Vice President of Healthcare Value and Lead Data Scientist to Explore Key Industry Issues and New Technologies at 2020 Health Care Supply Chain Summit

Retrieved on: 
Thursday, January 23, 2020
Supply chain management, Supply chain, Stock management

LOUISVILLE, Colo., Jan. 23, 2020 /PRNewswire-PRWeb/ -- Global Healthcare Exchange, LLC (GHX) today announced its Vice President of Healthcare Value, Karen Conway, and Data Science Lead, Bryan Loughry will be featured speakers at the 14th Annual Health Care Supply Chain Summit, taking place January 27-28 in New Orleans.

Key Points: 
  • LOUISVILLE, Colo., Jan. 23, 2020 /PRNewswire-PRWeb/ -- Global Healthcare Exchange, LLC (GHX) today announced its Vice President of Healthcare Value, Karen Conway, and Data Science Lead, Bryan Loughry will be featured speakers at the 14th Annual Health Care Supply Chain Summit, taking place January 27-28 in New Orleans.
  • Conway will present on how supply chain can support programs to manage population health.
  • Global Healthcare Exchange, LLC (GHX) is a healthcare business and data automation company, empowering healthcare organizations to enable better patient care and maximize industry savings using its world-class cloud-based supply chain technology platform.
  • Solutions span procurement and accounts payable automation, contract and inventory management, vendor credentialing and management, business intelligence, payment management and other supply chain-related tools and services.

ZIMBIS introduces all-new line of smart cabinets, the most advanced solution for dental inventory management ever developed

Retrieved on: 
Tuesday, January 7, 2020
Inventory, Business, Supply chain management, Lean manufacturing, Inventory management software, Logistics, Stock management, Dental, Dentistry

ZIMBIS 1000 is the first of several new cabinets in this line, the first large-scale inventory management system designed from the ground up with the needs of dental professionals in mind.

Key Points: 
  • ZIMBIS 1000 is the first of several new cabinets in this line, the first large-scale inventory management system designed from the ground up with the needs of dental professionals in mind.
  • Smart security measures are placed around critical inventory, while simultaneously making it easier for staff members to get the supplies they need quickly.
  • "Dental professionals have desperately needed inventory management automation for years, but there hasn't been a cost-effective solution that addressed the unique challenges they face," said Louis Visser, DDS, Vice President of ZIMBIS.
  • ZIMBIS Smart Inventory Cabinets are highly configurable, with a wide array of compartment sizes to accommodate almost everything in a dental office or laboratory.

Achieving an Average Increase of $45 Margin Dollars Per Square Foot in the Softlines Business by Improving Retail Inventory Management | SpendEdge’s Latest Success Story

Retrieved on: 
Monday, January 6, 2020
Retail, Home Goods, Business, Inventory, Supply chain management, Softline, Retail, Stock management, Management

SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their latest success story on achieving an average increase of $45 margin dollars per square foot in the softlines business by improving retail inventory management.

Key Points: 
  • SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their latest success story on achieving an average increase of $45 margin dollars per square foot in the softlines business by improving retail inventory management.
  • View the full release here: https://www.businesswire.com/news/home/20200106005021/en/
    The company wanted to develop a new retail inventory management strategy to support softlines.
  • The solution offered helped them to:
    Achieve an average increase of over $45 margin dollars per square foot in the softlines business.
  • Outcome: To address the specific requirements of the client, the experts at SpendEdge analyzed the existing retail inventory management techniques.

Fetch Robotics Expands TagSurveyor to Provide Customers with Real-Time Inventory Visualization

Retrieved on: 
Tuesday, December 17, 2019
Inventory, Business, Logistics, Automatic identification and data capture, Stock management, Radio-frequency identification, Robotics, Warehouse

With the ability to autonomously and continuously capture RFID data, TagSurveyor allows customers to fine-tune their inventory planning with more up to date and accurate data in order to operate leaner and more efficiently.

Key Points: 
  • With the ability to autonomously and continuously capture RFID data, TagSurveyor allows customers to fine-tune their inventory planning with more up to date and accurate data in order to operate leaner and more efficiently.
  • Fetch's TagSurveyor is a cloud-enabled inventory management solution designed to improve inventory tracking, increase accuracy and save customers time.
  • With TagSurveyor, customers can increase inventory counts and checks from once-a-month to multiple times per day to provide autonomous insights.
  • Fetch is developing a full suite of robots to provide new levels of insights into warehouse operations and workflows, and TagSurveyor is our most specialized solution to date," said Fetch Robotics Vice President of Products Stefan Nusser.

Infiniti’s Inventory Management Solution Helped a Fast Food Company to Reduce Operating Costs by 17% | Read the Complete Success Story for In-Depth Insights

Retrieved on: 
Friday, December 6, 2019
Retail, Restaurant, Bar, Food, Beverage, Supply chain management, Lean manufacturing, Business, Inventory, Stock management

The insights obtained from Infinitis inventory management solution helped the client to build contingency or back-up plans by identifying the potential demand for inventory in advance.

Key Points: 
  • The insights obtained from Infinitis inventory management solution helped the client to build contingency or back-up plans by identifying the potential demand for inventory in advance.
  • Within one year of leveraging our inventory management solution, the client was able to reduce operating costs by 17%.
  • Infinitis inventory management solution helped the client to:
    Wondering how your business can benefit from our inventory management solution?
  • Read the complete success story for comprehensive insights: Inventory Management Solution to Reduce Operating Costs by 17% for a Fast Food Company
    Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges.

Pharmacy Management Systems | World Market Analysis by Component, Deployment, Size & Geography (2019-2024)

Retrieved on: 
Friday, November 29, 2019
Inventory, Articles, Pharmacy management system, Inventory management software, Stock management, Business, Pharmacies

Vendor Lock-In is a major barrier to adoption of pharmacy management systems.

Key Points: 
  • Vendor Lock-In is a major barrier to adoption of pharmacy management systems.
  • Mobile Medsoft offers Helix LTC Pharmacy Management System, whose inventory management system allows the pharmacy retailers to utilize just-in-time purchase of drugs, maximize inventory turn-over ratio as well as cash flow.
  • In October 2018 Refill management system of North America-based Micro Merchant Systems PrimeR interfaced with Retail Management Solutions' Star-Plus (and Star-Lite) POS System.
  • The studied market is highly fragmented with small and ambulatory hospitals as well as large hospitals adopting pharmacy management softwares.

The Cell and Advanced Therapies Supply Chain Management Market is Anticipated to Grow at an Annualized Rate of 11% till 2030, Claims Roots Analysis

Retrieved on: 
Tuesday, November 19, 2019
Supply chain management, Business, Management, Inventory, Distribution, Freight transport, Supply-chain management, Stock management

The cell and advanced therapies supply chain is complex, with several legacy challenges, such as those related to patient scheduling, resource planning, inventory management, and deliverable tracking.

Key Points: 
  • The cell and advanced therapies supply chain is complex, with several legacy challenges, such as those related to patient scheduling, resource planning, inventory management, and deliverable tracking.
  • Social media analysis revealed that many biopharmaceutical developers are adopting software-enabled supply chain management solutions with increasing enthusiasm.
  • To request a sample copy / brochure of this report, please visit this link
    What are the trending software solutions for the management of cell and advanced therapies supply chain?
  • The financial opportunity within the cell and advanced therapies supply chain management market has been analyzed across the following segments:

The Cell and Advanced Therapies Supply Chain Management Market is Anticipated to Grow at an Annualized Rate of 11% till 2030, Claims Roots Analysis

Retrieved on: 
Tuesday, November 19, 2019
Supply chain management, Articles, Business, Management, Supply-chain management, Stock management, Supply chain, Biopharmaceutical

Over time, biopharmaceutical companies have realized the importance of integrating advanced software into the cell and advanced therapies supply chain.

Key Points: 
  • Over time, biopharmaceutical companies have realized the importance of integrating advanced software into the cell and advanced therapies supply chain.
  • The cell and advanced therapies supply chain is complex, with several legacy challenges, such as those related to patient scheduling, resource planning, inventory management, and deliverable tracking.
  • Social media analysis revealed that many biopharmaceutical developers are adopting software-enabled supply chain management solutions with increasing enthusiasm.
  • The financial opportunity within the cell and advanced therapies supply chain management market has been analyzed across the following segments:

Quantzig Helped a Canadian Pharmaceutical Company Improve Their Inventory Management Capability | Request a FREE Demo for In-depth Insights

Retrieved on: 
Friday, November 15, 2019
Technology, Pharmaceutical, Health, Data management, Business intelligence, Business, Articles, Economy, Inventory, Stock management, Analytics, Supply chain management

Request a FREE proposal to know how our supply chain analytics solutions can help your business.

Key Points: 
  • Request a FREE proposal to know how our supply chain analytics solutions can help your business.
  • The client is a leading player in the Canadian pharmaceutical industry who was looking to leverage analytics to enhance inventory management capabilities.
  • The pharmaceutical manufacturer faced several challenges due to the siloed nature of their supply chain and inventory data management systems.
  • Quantzigs Inventory Management Solutions Enabled the Pharma Client to:
    Schedule a FREE demo to gain comprehensive insights into the benefits of inventory management.