Work-in-process inventory refers to the partially completed materials within a production line. According to the team at Accounting Tools, this term considers the cost of raw materials, direct labor ...
Due to the global disruption of the pandemic, heated discussions persist around moving from “lean” supply chains that only focus on cost and efficiency, to more resilient and agile supply chains that ...
Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side. Now, companies have a different problem. They have ...
LeanDNA, a provider of factory-focused inventory optimization solutions, has launched role-based workflow capabilities within its platform for the manufacturing industry. The new workflows standardize ...
LONDON--(BUSINESS WIRE)--Quantzig, a global data analytics and advisory firm, that delivers actionable analytics solutions to resolve complex business problems announces the completion of its FREE ...
After AI agent pilots underperformed: Resetting supply chain automation for operational impact After early AI agent pilots failed to deliver measurable operational or ...
Modern supply chain operations present companies with two essential challenges: managing inventory levels properly to prevent excessive and insufficient stock and maintaining production capacity that ...
The Supreme Court ruled that President Trump’s tariffs were illegal, shifting trade authority back to Congress and raising new questions for supply chain leaders.
LONDON--(BUSINESS WIRE)--Quantzig, a global data analytics and advisory firm that delivers actionable analytics solutions to resolve complex business problems, announces the completion of its FREE ...
I'm a history buff, and that comes in handy when looking at the problems of inventory optimization. The whole idea of getting inventory to the right distribution center at the right time bears a ...
At any given time, a portion of the inventory in a manufacturing operation is in the process of being transformed from raw materials or components into finished goods. Refereed to as a work in ...
The 2026 NextGen Supply Chain Conference is now accepting speaker submissions for its practitioner-led event in Nashville, inviting supply chain leaders to… Finish the year with a clearer view of the ...