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2020 Requires Big Wings and Feet

Supply Chain Shaman

Over the course of the last two weeks, I find myself sitting in CFO offices attempting to explain how financial leadership can drive supply chain improvement. Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Average Inventory Levels by Industry over the Period of 2010-2018.

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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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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

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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.

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Avoiding Dead-end Streets As We Build the Future of Supply Chain Planning

Supply Chain Shaman

“ The end (as of a street) without an exit or a position, situation, or course of action that leads to nothing further.” Seasoned supply chain professionals used the mental model from the recession of 2007 as a guidepost.) Using better math to build an inventory plan for raw materials is a good idea.

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Why Is It So Hard to Find Good Help These Days?

Material Handling & Logistics

As the phenomenon of Big Data has taken hold in the private sector, many firms which as recently as 10 years ago devoted minimal resources to large scale database mining and analytics have reversed course. TOMPKINS: Sellers today find e-commerce inventory allocation and replenishment to be challenging. Education is the answer.