How Much Value Can Your Free Excess Inventory Analysis Uncover?

By Logan Wamsley

The financial loss from excess inventory is a supply chain inefficiency largely viewed as unavoidable, with the security of guaranteeing a steady stream of critical inventory throughout a product’s lifecycle worth the impending write-off. That’s why when a project manager is determining where their company’s supply chain can be improved or streamlined for future undertakings,…

Understanding Your Excess Inventory Strategy

By Logan Wamsley

There are several ways that excess and obsolete inventory can negatively impact the profitability of OEM and EMS companies. Mainly, this inventory tends to tie up working capital, preventing these companies from applying that capital more strategically. But, there are also annual inventory carrying costs that range between 15 and 25 percent. It’s important to…

Poor Returns on Your Excess Inventory? Big Data May Be the Solution

By Logan Wamsley

Some technological breakthroughs cannot be defined by a specific industry. Their applications are so vast that each day inquisitive minds seem to discover new ways to use them, raising their entire industry with the tide and pushing society even further toward an exciting, limitless future.   Big Data, without a doubt, is among the most…

The Secret to Maximizing ROI on Excess Inventory

By Logan Wamsley

The largest equipment manufacturers in the world did not reach their position of industry influence without the ability to market their products to a desired audience. It’s not uncommon for experienced marketing teams to spend years building a detailed profile on their company’s consumer base. No detail in these profiles is too specific, and the…

How Much Value Can Your Free Excess Inventory Analysis Uncover?

By Logan Wamsley

The financial loss from excess inventory is a supply chain inefficiency largely viewed as unavoidable, with the security of guaranteeing a steady stream of critical inventory throughout a product’s life cycle worth the impending write-off. That’s why when a project manager is determining where their company’s supply chain can be improved or streamlined for future…

Poor Returns on Your Excess Inventory? Big Data May Be the Solution

By Logan Wamsley

Some technological breakthroughs cannot be defined by a specific industry. Their applications are so vast that each day inquisitive minds seem to discover new ways to use them, raising their entire industry with the tide and pushing society even further toward an exciting, limitless future. Big Data, without a doubt, is among the most important…