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Year: 2023

13 Ways to Optimize Your Inventory Liquidation Auction
Circular Economy, excess inventory liquidation, plant liquidation, surplus inventory, Sustainability

13 Ways to Optimize Your Inventory Liquidation Auction

October 9, 2023October 9, 2023 Sharmeen

Selling your inventory through auctions can be a complex task, especially when you have unique needs and specific goals. Auction-based liquidation is a flexible and

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Goospares – A Platform for Your Slow-Moving Inventory
excess inventory liquidation, Inventory Digitalization, surplus inventory

Goospares – A Platform for Your Slow-Moving Inventory

July 24, 2023July 24, 2023 Dharani

Introduction: Slow-moving industrial spares are items that experience limited or infrequent demand. These spare parts are rarely needed for repairs or replacements, and they may

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The Growing Importance of Scrap Usage in Steel Production: A Sustainable Approach 
Circular Economy, Decarbonization, Steel Industry, Sustainability

The Growing Importance of Scrap Usage in Steel Production: A Sustainable Approach 

July 13, 2023July 13, 2023 admin

Introduction:  The use of scrap in steel production has become increasingly vital, not only for its environmental benefits but also for its resource conservation advantages.

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Detecting Industrial Plant Stress: A Guide to Effective Health Monitoring
Industrial Plant Health Monitoring

Detecting Industrial Plant Stress: A Guide to Effective Health Monitoring

June 28, 2023June 28, 2023 admin

Industrial plants are indeed vital as they produce essential goods and contribute to economic growth. However, they do face numerous challenges and stressors that can

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Role of Goospares in circular economy
Business, Economy

Role of Goospares in circular economy

June 13, 2023June 13, 2023 Dharani

What is Linear Economy? The linear economy, also known as the traditional or “take-make-waste” economy, is the prevailing economic model that has been in place

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The Role of Seamless Pipes in Oil and Gas Production: A Closer Look
Oil and Gas, Seamless Pipes

The Role of Seamless Pipes in Oil and Gas Production: A Closer Look

June 6, 2023 admin

The global seamless pipe market is expected to grow at a CAGR of 5.8% from 2022 to 2029. The growth of the market is attributed

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How AI-Based Supplier Management Can Optimize Procurement
Supplier Management, supply chain, supply chain automation

How AI-Based Supplier Management Can Optimize Procurement

May 25, 2023 admin

Before the emergence of Artificial Intelligence, managing suppliers was a complex task that required a lot of manual effort. Organizations relied on spreadsheets and documentation

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How to Optimize Your Industrial Procurement Process: Tips for Managing Inventory and Reducing Costs
Industrial Procurement, MRO Procurement

How to Optimize Your Industrial Procurement Process: Tips for Managing Inventory and Reducing Costs

May 17, 2023May 26, 2023 admin

Industrial procurement process refers to the steps involved in sourcing and purchasing goods and services required for a business’s production, maintenance, and other operations. The

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Steel Bar Manufacturers in India – How are They Promoting Sustainability?
Automation and robotics, business digitalization, Industrial Automation, industry 4.0, sustainable engineering, Sustainable Manufacturing

Steel Bar Manufacturers in India – How are They Promoting Sustainability?

May 3, 2023May 26, 2023 admin

India has emerged as a major player in the global steel industry, with a significant share in the production and consumption of steel products. With

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How to Avoid Excess Inventory in the Future?
excess inventories, excess inventory liquidation, Excess Stock, inventory management, warehouse management

How to Avoid Excess Inventory in the Future?

April 20, 2023May 25, 2023 admin

Excess inventory or surplus inventory is a common issue faced by many businesses. It refers to the inventory that exceeds the demand of the customers.

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