Where art thou?
This refers tothe management of the flow of goods, services, information, and resources between the point of origin and the point of consumption.
Logistics
The process of ordering, storing, using, and selling a company’s raw materials, components, and finished products.
Inventory Management
RFID technology enables real-time tracking and monitoring of inventory by using radio frequency signals. What does RFID stand for?
Radio-Frequency Identification
This is the centralized management of the flow of goods and services to and from a company and includes all of the processes involved in transforming raw materials and components into final products
Supply Chain Management
A type of warehousing strategy where products are receivedand shipped as needed, reducing inventory levels.
Just - In - Time (JIT) Warehousing
This measures how many times a company's inventory is sold and replaced over a specific period.
Inventory Turnover
This devices provide real-time tracking and monitoring of goods, vehicles, and equipment in logistics.
Internet of Things (IoT)
This is the heart of the supply chain management process, where the company uses its machinery and labor to transform the raw materialsor components it has received from its suppliers into something new.
Manufacturing