PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: TCLogic

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Inventory Optimization Addresses the Challenges of Sourcing Overseas - While pricing advantages for purchasing materials overseas have enticed many small and mid-sized manufacturing firms, they now face challenges with additional inventory being carried on the balance sheet and longer and more variable lead times
Inventory Optimization Addresses the Challenges of Sourcing Overseas

 

NewswireToday - /newswire/ - Indianapolis, IN, United States, 2006/09/29 - While pricing advantages for purchasing materials overseas have enticed many small and mid-sized manufacturing firms, they now face challenges with additional inventory being carried on the balance sheet and longer and more variable lead times.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Inventory Optimization is proving to be a powerful tool for firms procuring materials from overseas. While pricing advantages for purchasing materials overseas have enticed many small and mid-sized manufacturing firms, they now face challenges with additional inventory being carried on the balance sheet and longer and more variable lead times.

Richard Murphy, vice president of Indianapolis-based TCLogic, discussed these challenges with Ken Rayment, the host of Better Process Podcast, an Internet-based show providing topics ranging from lean manufacturing processes and foreign competition, to manufacturing technology.

”While this additional inventory may be absorbed in larger manufacturers with the financial scale to do so, mid-sized and smaller companies experience stress on their working capital, while the impact on their inventory turn rate can be significant” according to Murphy.

Over the past 10 years, Murphy has seen companies achieve impressive results using inventory optimization technology, including reductions of inventory in the 10-40% range while maintaining or increasing service levels above 98%. “More and more supply chain executives are becoming increasingly aware of the importance that dynamic variables play in effectively managing their extended supply chains. Consequently they are seeking out inventory optimization solutions to help improve their business results,” added Murphy.

To hear the full interview from Better Process Podcast with TCLogic, visit podcasternews.com/.

About TCLogic

TCLogic provides web-based inventory optimization solutions that analyze inventory to increase turns, add profitability and reduce inventory, while helping their customers maintain high service levels and enhance customer and supplier relationships.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: TCLogic

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Inventory Optimization Addresses the Challenges of Sourcing Overseas

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Leslie May - TCLogic.com 
317-815-1264 lmay[.]maymarketing.net
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TCLogic securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From TCLogic / Company Profile


Read Software Most Recent Related Newswires:

Western Cape Department of Transport & Public Works Improves Effectiveness of Critical Service Delivery with OpenText
Herc Rentals Selects Infor CloudSuite for Equipment Rental, HCM Systems
Oracle Buys Apiary
Xactly Introduces Commission Expense Forecasting Solution for Finance
LogiNext, a Jack Ma Funded Company Enters Indonesia's Booming Logistics Market
Noble Composer v11 Upgrades Agent Efficiency
RNSS Celebrates 20 Years As A SYSPRO Partner
NAKIVO Announces Support for vSphere 6.5 and Adds Skip Swap File in the Upcoming v7
SKECHERS Uses Oracle to Localize Assortments As They Grow Their Retail Presence
Metatron, Inc. Announces Strategic Move into the Areas of Mobile Encryption, and Virtual Reality for its Mobile Development Business
Belk, Hot Topic and Torrid Choose Oracle Retail Stores Solutions to Unify Brand Experiences
Infor Continues Significant Growth in Retail
Infinera Transforms Subsea Networks to Cloud Scale with New DTN-X Platforms
Crate and Barrel to Transform its Retail Experience in the Cloud with Infor
Ricardo Eletro Reduces Operational Cost by 40m Brazilian Reais per Month with Oracle Retail

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)