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What is Economic Order Quantity & its Advantages

SCMDOJO

While the previous points of criticism are valid and worth considering, EOQ might help procure both; the repetitive items and the MRO (maintenance, repair and operation) items. Author : Emad Atef – CSCA, MBA (Candidate), Procurement and Sourcing Manager. References. Boston: McGraw-Hill, 2009. Bowersox, David J.

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Commodity Prices Soar as Risks of Major War Footing Increase

Supply Chain Matters

In this Supply Chain Matters Product Demand and Supply Network Perspective we reference a published Bloomberg report addressing how the ongoing Russia-Ukraine conflict is impacting commodity and materials planning and supply concerns. Wheat prices have soared to levels that occurred in the prior global recession of 2008-2009. .

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The Emergence of the Biobased Economy

Supply Chain View from the Field

OECD in 2009 noted that “From a broad economic perspective, the bioeconomy refers to the set of economic activities relating to the invention, development, production and use of biological products and processes. If it continues on course, the bioeconomy could make major socioeconomic contributions in OECD and non-OECD countries.

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Origin of Logistics & Supply Chain Revealed! - SupplyChainOpz

Supply Chain Opz

Stock 2009 said more specific that most researchers believed the term " Supply Chain Management " was introduced by Keith Oliver of Booz Allan Hamilton in 1982 on Financial Times. Frankel et al 2008 indicated that " supply chain " and "supply chain management" first recognized in the 1980s. 2) Origin of "Logistics".

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Three Lies and a Truth

Supply Chain Shaman

In 2009, the definition of supply chain resiliency was driven by the impact of the Great Recession. This heightened awareness on business continuity has increased the emphasis on supplier development and is changing the processes in procurement to focus from squeezing costs and terms to building relationships.

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Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). I limited myself to just six predictions, although I believe many of the predictions I made last year (and the year before that ) will continue to play out in 2015 and beyond, so I encourage you to revisit those predictions too (I listed them below for quick reference).

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Supply Chain Collaboration and Social Media - Infosys Blogs

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Research has proved that the use of social media can vastly improve the sales, lower costs of procurement and bring about innovation in the supply chain. Procurement Blog. Business Process Outsourcing.