The pandemic stressed the need for fleet managers to balance adequate stock with avoiding excess inventory. Ongoing issues like volatility and rising tariffs require fleet managers to stay informed on ...
Fleets are shifting from just-in-time to just-in-case inventory models to strengthen supply chain resilience. Data-driven tools and predictive maintenance help fleets cut downtime and control rising ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
TMW Systems has introduced the TMW Parts Room app, designed to help fleet maintenance and service center personnel perform a variety of parts inventory management processes quickly and easily using an ...
Efficient spare parts inventory management can help reduce downtime in your fleet due to challenges like shortages, out-of-stock parts, lengthy repairs, and more. Poor inventory management can leave ...
The trucking industry is seeing a parts shortage. Although it started with the truck makers having trouble sourcing computer chips and other parts and components for their assembly lines, it is now ...
Fleet management software provider ABS Nautical Systems (ABS NS) and spare parts supply chain technology company Spares CNX are partnering to digitalize spare parts inventory management and deliver ...
An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.
Single Pair Ethernet (SPE) is emerging as a streamlined communication technology for industrial automation, transmitting data and power over long distances, unifying systems and enhancing security.
Machine shops, fabricators, and other manufacturers must budget for purchasing maintenance supplies, including consumables and spare parts. These supplies are vital for implementing corrective and ...
In a claimed automotive industry first, Mazda Motor Corporation will launch its Mazda Materials Management Planning (M3P) advanced inventory control system throughout Japan in April 2005. As part of ...
Aviation Week interviewed Tommy Hughes, CEO Of VAS Aero Services to discuss why airlines and MROs need to move beyond opportunistic purchases to guarantee availability of crucial parts when they need ...