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1. Seven imperatives for modern inventory management solutions.

Author

MURUGAN, N. RAMESH

Subjects
*INVENTORY management systems, *INVENTORY control, *INVENTORY shortages, *COVID-19 pandemic, *MANUFACTURING processes
Abstract

The article informs about imperatives for modern inventory management solutions, and discusses how the terminal operators are facing several challenges related to the profitability of their bulk terminal, petrochemical and oil field storage sites. Topics include trying to maximize throughput and performance by optimizing related activities, such as allocation, planning and scheduling; and information for better visibility, can lead to improved efficiency, safety and compliance.

Published
2020

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