Automotive Inventory Management Solution That Solves a Major Business Challenge Matt Carpenter is the Product Portfolio Director for Inventory Data Services at J.D. Power. Matt has over 12 years of ...

AI revolutionizes initial inventory planning and stockpiling by estimating demand even when historical data is missing. This optimizes procurement, reduces costs, and prevents stockouts. AI-driven ...

Gearflow sat down with Lake to learn more about their parts inventory management systems. Based on the conversation, here’s a list of eight steps to increase profits and efficiency on part sales ...

$1 million wasted per plant per year by purchasing unnecessary spare parts Approximately 30% of spare parts in stock are unnecessary in typical production facilities Over 60% of all stocked spare ...