Inventory management technology
13 September 2012
Q: As a manufacturing company, we are currently looking for ways to manage inventory better. What are the main technology options available to us and who provides them?
A: Larry Lapide, former vice-president of research at AMR Research, writes: Optimising inventory can be achieved by several means, and we have identified four steps towards leaner inventories, all involving different providers.
1. Improve forecasting processes
This directly handles the need for...