In a time of rising costs and shrinking profits, companies are scrutinizing every aspect of their inventory control process. While minimizing inventory costs may seem straightforward —given that high costs can significantly affect the bottom line—it’s crucial to recognize that “optimized inventory levels can enhance profitability.” Achieving this balance requires a strategic approach beyond cutting […]
We’re all familiar with the concerns about how AI might impact personal livelihoods and the need to be “ on alert” to ways it can seep into our tech-driven lives. However, it’s equally important to recognize the positive ways AI is enhancing our lives and careers. This blog highlights how businesses are harnessing AI to […]
When we think of counterfeit, we often think of money or high-end products. Rarely do we consider food an item of concern for counterfeiting, yet “the FDA estimates that food fraud, which commonly includes incorrect expiration dates or the incorrect listing of ingredients, is costing the industry as much as $40 billion a year.” Loftware […]
We’ve shared how switching to a Cloud-based labeling solution can improve accuracy and security by automating and streamlining the process. We’re now seeing a similar impact of Cloud-based Warehouse Management Systems (WMS). An organization’s WMS should optimize warehouse operations in the most efficient, cost-effective way, ensuring that goods and materials move through the warehouse. The […]
When thinking about labeling, we often only consider the process—manufacturing, inventory control, and supply chain management. However, it’s important not to overlook the products themselves. Regulatory and compliance requirements for labels constantly change depending on the product, whether medical devices, pharmaceuticals, or various chemicals. Navigating EU CLP compliance cloud-based solutions from Loftware will help many […]
We’ve shared numerous articles on supply chain management, highlighting how companies have improved efficiency through advanced technology. Now our partners at RFgen offer insights on how forming dedicated supply chain management teams can further help companies meet their business goals. “The true power of a supply chain team lies in its cohesion—a unified force bound […]
We have shared how cloud-based labeling solutions can benefit so many industries and the food and beverage business is no different. Artificial Intelligence combined with the Cloud is revolutionizing food and beverage supply chains. “Leveraging AI alongside cloud technology has emerged as a powerful enabler for automating complex tasks and ensuring food and beverage product […]