Inventory Management matches supply to demand by dynamically allocating inventory to where it’s needed the most.
GT Nexus Inventory Management tracks inventory throughout the global supply chain and stores the data in a central, cloud-based network. Companies use it to gain an accurate view of available goods, then match them up with demand. With Inventory Management, decisions on allocation can be pushed to a later date, avoiding build-up of excess inventory in areas where it won’t sell. This greatly reduces the occurrence of excess inventory, higher handling costs, and expedited shipments.
A global inventory dashboard mitigates risk and delivers insight to align supply with demand.
How do you optimally get products to the right place at the right time, and achieve that mythical 'perfect order'? For that, the first thing you need to know, is where is the physical shipment right now.
Retailers are under pressure to deliver goods according to the demands of the omnichannel consumer.
Retailers are struggling to balance inventory and stay afloat. Find out how a supply chain network approach to inventory can help the retail supply chain.
Increase inbound supply visibility in the manufacturing supply chain to minimize inventory and expediting costs, respond quickly to demand changes.