Remove 2007 Remove Books Remove Inventory Remove Procurement
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When It Comes to Planning, Please Vote with Ike!

Supply Chain Shaman

I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. On average, industries carry 38 more days of inventory than in 2007. The problem is that most of it is the wrong inventory due to planning fallacies.

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Origin of Logistics & Supply Chain Revealed! - SupplyChainOpz

Supply Chain Opz

Lots and lots of articles point to the fact that its from the French word " Logistique " which first appeared in the book " The Art of War " in 1838 by Baron Henri de Jomini who was the general in French army during Napoleons time. Image credit Google Books. Image Credit : Google Books. Image Credit : Google Books Project.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

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My Take: E2open Buys Terra Technology

Supply Chain Shaman

In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. Traditionally E2open sold to the procurement organization. Founded in 2000 as a high-tech consortia, E2open is on its fifth leadership team. The Company has a checkered past. The change will be major.

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The Best Practice Frontier in the 3D Supply Chain Triangle

Arkieva

Ensure continued alignment by sharing inventory turns as a KPI. Figure 1 shows it for inventory and service. The idea is that more service, typically comes with a higher inventory (or lower turns). They increase the service but require a higher inventory. It will lower cost but increase inventory or decrease turns, cfr.

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GAAP for Accounts Payable: What it is and why it's important

Precoro

Accounting policies and assumptions in areas such as inventory valuation methods, depreciation methods, and criteria for estimating fair value. Trade payables typically refer to amounts owed for purchases of inventory or other goods and services directly related to the company's core operations.

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Sustainability Certifications for SMEs: The Best Programmes

Unleashed

Among the many schemes listed in the index, you’ll find some of the following leading eco-labels: A relative newcomer, the B-Corp certification scheme was started by Richard Branson in 2007 and now boasts over 3,500 certified members, most of them, SMEs, in more than 70 countries.