Publications

DM Direct Special Report, November 1, 2005, By Dorian Pyle

Material handling is a crucial topic for many companies - and becoming more so every day. It is so important to corporate success that material tracking and control is fast becoming an important discipline in its own right. Not only has it garnered attention as one of the crucial management concerns as a profit or loss leverage point, but any company that is a first-tier supplier finds that they are required by mandate to identify and track their materials more and more often.

While there are several forces driving change in material tracking, the result is not necessarily an increased cost of doing business. With appropriately used and applied data analytic techniques, companies can realize large cost savings - and indeed have the opportunity to significantly increase their profits. This article looks at the topic of using analytics to save costs and increase profit while meeting governmental and commercially driven mandates and increasing security and traceability through improved material tracking and control.

Here is the rest of the story.