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Supply chain risk management in 2017

Kinaxis

Maybe the one good thing to come out of it was some companies figured out how they could survive with lower inventories. In 2009, I’m sure most we’re thinking, “How much worse could it get?”. Inventories were stranded as supply chains scrambled to understand the impact on their customers. Some suppliers weren’t so lucky.

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What is Economic Order Quantity & its Advantages

SCMDOJO

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Boston: McGraw-Hill, 2009.

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Inflation is Back Up – Are you Ready?

Herlitz Inventory Management

Growing up with a father who developed inventory management software for a living spawned some interesting conversations around the dinner table. It hasn’t been lost here at Herlitz Inventory Management! Since 2009, when Herlitz Inventory Management was founded, annual inflation has been below 3 percent in the US.

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Welcome 2019

Supply Chain Shaman

The teams in these seats did not experience the down market in 2007 or the start of the market run in 2009. Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities. The impact may surprise us. Today, we have younger leaders driving clicks on the keyboards.

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Reasons For Logistics Pros to Be Thankful this Season

Supply Chain Collaborator

Here are some of the positive indicators supporting our exuberance during Thanksgiving 2017. According to the US Bureau of Transportation Statistics, “For-hire freight shipments in August 2017 were 38.0 percent higher than the low in April 2009 during the recession.” Freight Volumes Up and Rising.

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Who's Really Running Your Retail Operation?

C3 Solutions

But it was really the development of innovative material handling systems in the mid-20th century that prompted the need for ways to keep track of more densely stored goods and higher levels of inventory. With the concurrent innovation in computing technology, inventory tracking systems were created that could generate automated reports.

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Novo Nordisk: A Story of a Supply Chain Leader

Supply Chain Shaman

Note that neither company is making progress at the intersection of operating margin and inventory turns. Performance of BMS and Merck at the Intersection of Inventory Turns and Operating Margin. Orbit Chart for Novo Nordisk at the Intersection of Operating Margin and Inventory Turns for the period of 2006-2015.