A smart inventory management system leverages the latest technologies to make inventory management more accurate, efficient, and cost-effective.
Leveraging an efficient medical inventory management system is the best way to save practitioner time, prevent stockouts, and provide the best possible care for all patients.
Introduction to Advanced Inventory Management Trends in 2024 (The Evolution Towards AI Inventory Management and Sensor Technology)
Artificial intelligence (AI) tools now permeate virtually every industry and function, and inventory management is no exception. In this article, find out the five key ways that AI can help optimize your stockroom inventory.
Read on to learn about the benefits and drawbacks of industrial vending machines and discover a more cost-effective solution.
In the effort to strike the delicate balance between keeping inventory optimized and using resources and labor efficiently, many medical institutions utilize an ABC analysis model of inventory management. TrackStock can help you track usage so you can segment your inventory accurately.
A large airline and an e-commerce company have approached eTurns recently to help them move from a Vendor-manged Inventory model to a Customer-managed Inventory model for managing their MRO inventory more efficiently. Both companies started their projects with supplier and product rationalization. Then they looked for an easy-to-use inventory auto-replenishment app that would help their employees be able to do guided cycle counts and usage tracking with min/maxes that would trigger auto-replenishment to any supplier and optimize their inventory.
eTurns TrackStock is now offered in the new Amazon Business App Center as the first inventory management app. TrackStock helps Amazon Business customers optimize and automate the replenishment of their stockroom inventory using AI-optimized min/max settings, which can lower inventory, labor, and carrying costs.
When it’s time to check on-hand inventory levels but no one is physically standing in the stockroom or the warehouse, IoT and RFID remote inventory management solutions can be incredibly useful.
The main differences between VMI and CMI come down to who performs the inventory monitoring and places the replenishment orders. One of the greatest similarities between VMI and CMI is that they both run best with the use of inventory management software. Read on to see which would work better in your stockroom.
