The concept of inventory produces a mental representation of different things for different people. It can mean a company’s goods and materials for resale, and can include all work that has occurred. Every aspect of a business is considered to be part of the stock in one form or another, including the tools used to […]
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Why Sears Is A Supply Chain Management Disaster
Sears, once a cultural treasure, was in business for 125 years and was one of America’s more recognizable home brands. Think Amazon, but in catalog – print form. Sears was well-known for brands such as, Kenmore for appliances, Craftsman for tools, and car batteries that were sold under the name DieHard. Until recently, a Sears’ […]
New Technologies Changing the Supply Chain
Over the past couple weeks, we have found that both augmented reality (AR) and virtual reality (VR), are assets throughout the supply chain. With new developments, increased availability, and reduced costs, they are becoming the technologies to key an eye out for. Businesses have access to a lot more data, and they are using this […]
New Technology Changing the Supply Chain – Virtual Reality
As mentioned last week in our blog post talking about augmented reality, we will be taking a closer look this week at virtual reality. We all know that we have five senses: taste, touch, smell, sight and hearing. Everything that we know about our reality comes by way of our senses. So, if you present […]
New Technology Changing The Supply Chain – Augmented Reality
As mentioned last week, we will be diving into augmented reality (AR). Cell phones and tablets are the way AR gets into most people’s lives. An example is an app called Layar. It uses the smartphone’s GPS and camera to collect information about the user. Then, it displays information about nearby restaurants, stores and points […]
New Technology Changing The Supply Chain
Welcome to our new blog series! In these next couple posts we will be talking about: augmented reality (AR) virtual reality (VR) You will learn the difference between them, what their uses are, and how they help with inventory management. Almost everyone now has heard of AR, and VR. The most common use for these […]