SCMDOJO
JULY 29, 2022
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.
Supply Chain Shaman
AUGUST 12, 2020
On a cold Boston winter day, I slipped into my seat on a back row in a packed conference room at AMR Research. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. Mondelez Performance Against the Food Group for 2010-2019. Figure 1. The reason?
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Supply Chain Shaman
JUNE 7, 2021
AMR Research was an industry analyst firm in Boston. Gartner purchased the firm in 2010.) Companies entered the pandemic with twenty more days of inventory than at the beginning of the great recession. When companies were growing, I also discovered that the cost and inventory metrics better aligned with peers. Reflection.
Supply Chain Movement
OCTOBER 19, 2015
One important and innovative point he made in 1992 was that information can be a substitute for inventory. Charles Fine is a professor of strategy and supply chain management at MIT’s Sloan School of Management in Boston and is known for his bestseller Clockspeed (1998). Charles Fine.
Supply Chain Shaman
FEBRUARY 25, 2016
Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Short cycles require buffer inventories and short lead times.
GlobalTranz
JUNE 23, 2015
And, according to a Boston Consulting Group (BCG) study, 54% of companies with above one billion in revenues are now considering reshoring. Obsolete and excess inventory carriage are more preventable. from abroad (mostly between 2010 and 2014, per Moser). Motivations and Stats on the State of Reshoring in 2015.
Enterra Insights
JULY 15, 2020
A decade ago Boston Consulting Group (BCG) analysts Luc de Brabandere and Alan Iny asserted, “The ‘what if?’ Wright concludes, “With AI, supply chain professionals can optimize orders based on factors like inventory reallocation and prioritization. If we can do the extremes, our plans will most likely survive anything in between.”
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