Inventory Management

American Eagle Outfitters supply chain leader talks about his career, the future of retail fulfillment and how businesses can survive COVID and the shift to omni-channel delivery.

LM Group News Editor Jeff Berman recently spoke with Drew McElroy, Co-Founder and Chairman of New York-based Transfix, a logistics technology services provider that streamlines shipment data to better help shippers make informed decisions to optimize time and revenues. McElroy offered up insight on various topics, including the impact of COVID-19 on the e-commerce supply chain, market conditions, inventory, management, capacity, and the spot market, among others.

INTURN helps brands optimize excess inventory

Hear how Fastenal has leveraged Oracle Fusion Cloud Warehouse Management System to grow, differentiate themselves, and reduce the cost to serve specific sales channels.

ConverSight.ai’s adaptive analytics is built to generate insights from data sets of all shapes and sizes, and with ATHENA smart assistant analyzes demand and inventory at all levels to provide suggestions and recommendations including analysis that impact to your business.

By working with FedEx Critical Inventory Logistics, companies can streamline and drive costs out of their aftermarket service supply chains, consistently meet customer service level agreements, and grow their bottom-line revenues.

When working in unison, specialty software helps shippers meet rising customer expectations with agility.

With digital transformation on the rise, supply chains are becoming highly networked environments, enabled by data and analytics, as well as end-to-end automation.

With the multiple choices now available, it is imperative that picking strategies be matched with the right technology and software based on the business’s specific challenges.

Fulfillment operators need to scale quickly and cost-effectively to meet growing demand—yet finding and retaining quality warehouse personnel is getting more difficult and seasonal hires take time to train; especially if you’re trying to leverage automation technologies.

Fulfillment operators need to scale quickly and cost-effectively to meet growing demand—yet finding and retaining quality warehouse personnel is getting more difficult and seasonal hires take time to train; especially if you’re trying to leverage automation technologies.

As inventories swell and order volumes grow, businesses must adapt warehouse infrastructure, implementing new automation and guided work technologies, inventory management processes and order fulfillment workflows.

The combination of e-commerce pressures and labor challenges conspire to make the modern DC increasingly complex and reliant on carefully planned automated systems.

PFEP helps maintain a healthy supply chain as the foundation for short-term continuous improvement, long-term operational excellence, serving as a platform for communication and fine-tuning operations throughout a product’s life cycle.

Warehouse management is commonly associated with six basic tenets: accuracy, cost control, efficiency, cleanliness, safety and security, but the underlying processes are complex and dynamic, presenting major problems for warehouse managers across industries.