Managing inventory costs is a constant struggle. Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. Therefore, a strategic approach to managing these costs is not just beneficial but essential for maintaining a competitive edge and financial health. With the aid of automation technology, businesses are able to st ..read more

Picture a world without Pepsi, Doritos, or even Captain Crunch. Hard to imagine, right? These aren’t just the flavors of childhood, they’re staples of adult lives, too. But these delights don’t just magically teleport onto store shelves. Each food item must traverse the complex PepsiCo supply chain to reach its destination. PepsiCo didn’t always operate with the same level of efficiency in delivering these products, generating an annual revenue of $91.471B. When the COVID-19 pandemic struck in 2020, PepsiCo realized it was time for a revamp—a bold vision to transform its supply chain for the ..read more

For any business that handles materials or fixed assets, inventory control is central to operational efficiency and customer satisfaction. To manage inventory efficiently requires technology. However, efficiency and optimization only come from advanced inventory control software. These inventory solutions help businesses simplify and automate complex supply chain processes more effectively than ever before. For enterprises that leverage an Enterprise Resource Planning (ERP) system, advanced inventory management technologies are essential to streamline inventory processes. Only then can you un ..read more

John Maxwell said it best with his famously quoted phrase “Teamwork makes the dream work.” This reminder rings true in both life and the global supply chain industry.  When building a profitable enterprise, success hinges not on cutting-edge technology but on the strength of the teams orchestrating these operations. The true power of a supply chain team lies in its cohesion—a unified force bound by trust, communication, and clear goals. Let us explore three essential strategies for assembling the best supply chain management teams. Emphasis is on communication, internal hiring, specializ ..read more

In inventory management, the FIFO (First-In, First-Out) method takes center stage, offering a performance of unmatched clarity and efficiency in the world of stock control. Imagine your inventory as a flowing river, where the oldest water—your earliest products—moves forward to be used first, ensuring nothing stagnates or loses its relevance. This inventory strategy mirrors the natural consumption and sales pattern, making sure that businesses can keep pace with demand. Keeping older stock moving prevents undue depreciation or expiration. It also helps businesses maintain a healthier, more acc ..read more

How hard is it to find stuff you put away? If your warehouse operations include paper tickets, spreadsheets, and manual ERP entries, we can answer that for you: too hard. The Old Way Many manufacturers are using outdated inventory tracking methods that make tracking and visibility impossible. More than half of manufacturers use five or fewer checkpoints primarily at the start (in-bound raw materials) and endpoints (finished goods leaving assembly), leaving “blind spots” in between. What the Old Way is Costing You Manual data entry makes room for errors and data gaps. Lack of inventory oversig ..read more

Imagine a world where every pill, every vaccine, and every therapeutic breakthrough reaches those who need them most, regardless of distance or difficulty. This isn’t just a hopeful vision, but the prime objective of Pfizer’s supply chain modernization. At the heart of Pfizer’s mission lies a delicate balance of science, strategy, and innovation. This ensures that medicines navigate the globe to arrive in the hands of patients where and when they need them. The story of the Pfizer supply chain goes beyond just moving products. Join us as we explore how cutting-edge technology and a dedication ..read more

If your business uses an Enterprise Resource Planning (ERP) system for inventory operations, then you know system uptime is crucial. As the backbone of your supply chain processes, material movements must be recorded in the ERP for financial and efficiency reasons. Continuity of these inventory operations relies on connectivity to various enterprise software systems, including the ERP. When ERP connectivity is interrupted, mission-critical activities grind to a halt. Unexpected downtime means loss of productivity and revenue. Any activities that do take place during periods of downtime aren’t ..read more

Johnson & Johnson is a long-established leader in the healthcare sector. Founded in 1886 with just 14 employees, it now provides global solutions for pharmaceuticals, medical devices, and consumer goods. Today, Johnson & Johnson operates over 250 companies that employ more than 152,000 people worldwide, generating an annual revenue in excess of $21.3B. And it owes its monumental success in part to its supply chain. Because supply chain management (SCM) is so crucial to the quality of the products it produces, Johnson & Johnson has deliberately made SCM a core focus of their busine ..read more

Enterprise Resource Planning (ERP) systems have become indispensable tools in the modern business environment. These sophisticated systems offer a comprehensive digital solution for integrating critical operations such as finance, supply chain management, and human resources. However, the effectiveness and value of an ERP system are deeply intertwined with its user adoption rates. Successful user adoption hinges on the User Interface (UI) and User Experience (UX). Intuitive, well-designed UI/UX can significantly enhance user engagement and simplify the interaction between the user and the com ..read more