{"id":4556,"date":"2021-09-15T16:52:29","date_gmt":"2021-09-15T21:52:29","guid":{"rendered":"https:\/\/optimas.com\/?p=4556"},"modified":"2024-11-22T15:31:20","modified_gmt":"2024-11-22T21:31:20","slug":"is-it-time-to-embrace-inventory-management-technology","status":"publish","type":"post","link":"https:\/\/optimas.com\/en_gb\/is-it-time-to-embrace-inventory-management-technology\/","title":{"rendered":"Is It Time to Embrace Inventory Management Technology?"},"content":{"rendered":"

Inventory management is the foundation of every manufacturing supply chain. The moment your team loses sight and control of its parts, your supply chain\u2019s budget, deadlines, and overall efficiency go off-kilter.<\/p>\n

How can you \u2014 the manufacturer \u2014 prioritize these essential and equally valuable elements? A digitized inventory management process is a great place to start, which we hope to drive home in our latest whitepaper, \u201cInventory Management Digitization Improves Supply Chain Usefulness.\u201d<\/p>\n

This whitepaper turns the spotlight on inventory management solutions. Broadly speaking, we\u2019ll cover how technology aids manufacturers in building standardized, well-oiled oversight of their inventory \u2014 and the supply chain as a whole.<\/p>\n

What, specifically, can readers expect to learn? Here are a few highlights:<\/p>\n

The Benefits<\/strong><\/h2>\n

We can all agree that inefficient inventory management isn\u2019t an ideal scenario. The pandemic illuminated its significant impact on supply chains as well as how technology can help fix the situation. We\u2019ll explore the top-down effects of inventory management on the overall supply chain and how technology can impact that efficiency and productivity.<\/p>\n

The Bottom-Line Boost<\/strong><\/h2>\n

An Industrial Machinery Digest study found that most companies devote 20% to 40% of their working capital<\/a><\/span><\/strong> to inventory. With such a sizable chunk of money invested in inventory, keeping those costs within that range is critical to maintaining operating margin. We\u2019ll discuss how technology helps find those budgetary breakdowns within your inventory management process and ask the essential questions: Where are those leaks? What impacts are they having? How can we help fix them?<\/p>\n

The Barriers<\/strong><\/h2>\n

Some manufacturers are clinging to their legacy inventory management processes. Familiarity breeds comfort, but remaining loyal to those routines might not be doing you any favors. We\u2019ll talk about why some remain on the fence about inventory management technology. We\u2019ll identify the sources of those objections and offer reasons to get past them.<\/p>\n

The Breaking Point<\/strong><\/h2>\n

Going back and forth over when to make the proper investment in digital inventory management solutions can only delay and jeopardize efficiency, budget, and everything else you\u2019re working to keep in check. We\u2019ll help you figure out whether it\u2019s the right time to make the leap.<\/p>\n

Of course, we\u2019ll also highlight the steps needed to integrate this technology into your inventory management process to bring about the desired outcome. Are you ready for all of these valuable insights?<\/p>\n

Be one of the first to sign up and receive<\/strong><\/a><\/span> our upcoming white paper, \u201cInventory Management Digitization Improves Supply Chain Usefulness.\u201d We’ll make it sure it reaches your inbox as soon as it’s published.<\/p>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":4561,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[46,63,73],"tags":[],"class_list":["post-4556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-inventory-optimization","category-supply-chain-management","category-vendor-managed-inventory"],"acf":[],"_links":{"self":[{"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/posts\/4556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/comments?post=4556"}],"version-history":[{"count":0,"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/posts\/4556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/media\/4561"}],"wp:attachment":[{"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/media?parent=4556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/categories?post=4556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/tags?post=4556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}