Inventory Management

Like the supply chain itself, applications are constantly changing; are yesterday’s applications preventing your organization from reaching its full potential?

Why is there such a stark difference between those who see value in a yard management system and those who have taken the plunge to adopt one?

The 2020 Supply Chain Innovation Survey results reflect a year that was among one of the most challenging for supply chains in recent history, but also one of the most informative.

Change is hard for any organization, but Princess Auto, a nearly 90-year-old Canadian hard goods retailer, changed its collective thinking and brought a new level of efficiency to its inventory planning and how product flows to its customers.

Inventory is not necessarily good or bad. It depends.

Who owns inventory? stop the blame game, it’s a common question, but the wrong question to ask, this white paper explains why and what you should be asking.

While inventory management is complex, gathering, prepping, blending, analyzing, and auditing your data shouldn’t be.

Instead of building up more inventory, retailers at the top of global supply chains need to improve their supply chain resilience and flexibility.

Today’s wholesale warehouses need an efficient, dynamic and flexible system for faster order fulfillment to keep pace with significantly changing customer behaviors.

Which supply chain challenges will preoccupy companies in 2021? Many are reflected in MIT CTL's research agenda for the new year, so we asked our senior researchers to describe what they would like to achieve in 2021.

A supply chain that is currently profitable in the present, might not be profitable in the long-term.

How to go from risk-blind to risk-resilient by knowing what can tear your supply chain apart.

In conversation after conversation, we continue to learn of the deep changes that e-commerce has ushered into warehouse and distribution center operations, from implementing game-changing automation, robotics and software to tightening up labor and inventory management to elevating the importance of final-mile delivery and returns processes—and everything in between.

The pandemic stressed supply chains, including how much inventory to plan for and hold at the network level, as well as how to best manage it within the four walls of DCs. Using fresher, short-term demand data, by adjusting slotting, or simply by gaining greater accuracy though solid data capture and verification processes in WMS, should help keep inventory under better control.

By focusing on reducing receiving errors and inefficiencies you will improve the flow of your entire warehouse.