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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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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

On a cold Boston winter day, I slipped into my seat on a back row in a packed conference room at AMR Research. When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Note that while the company drove improvement in margin, there is underperformance in inventory turns.

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Trends 2023: Retail

Enterra Insights

Retail journalist Ben Unglesbee writes, “Hey retailers, it might be time to ditch your stores, move your inventory to the metaverse, replace your staff with robots, switch from cash to crypto and invest all your profits in some blockchains.”[2] ”[2] Hopefully, his tongue was firmly planted in his cheek when he wrote that.

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6 Things to Consider as You Plan Your 2016 Budget

Talking Logistics

Since 2009, ocean carriers have faced many uncertainties—and they’re expected to continue for the foreseeable future. You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map [DK1] , which was written collaboratively with Boston Consulting Group. Consolidations.

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This Week in Logistics News (May 16-20, 2016)

Talking Logistics

I’m at Heathrow airport waiting to board my flight back to Boston, which is delayed by over an hour so far. Manhattan Associates: New Inventory and Fulfillment Capabilities Give Store Associates More Time to Deliver a Fulfilling Experience. E-Commerce Drives Surge in U.S. Warehouse Rental Prices (WSJ-sub.

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This Week in Logistics News (January 28 – February 3)

Logistics Viewpoints

As a Boston fan, Tom Brady forever changed my sports landscape. The Boston sports landscape shifted after that first Super Bowl and became the city of champions, with 12 total championships (6 by the Patriots, 4 by the Red Sox, and 1 each by the Celtics and Bruins). This time, however, he says it is for good. billion last year.

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6 Things to Consider as You Plan Your 2016 Budget

CH Robinson Transportfolio

Since 2009, ocean carriers have faced many uncertainties—and they’re expected to continue for the foreseeable future. You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map , which was written collaboratively with Boston Consulting Group. Consolidations.