2010 Inventory Procurement Transportation 
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. S = Cost per order.
Logistics Viewpoints
MARCH 2, 2023
Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. 17% went bankrupt, went private, or were acquired. Faster order-to-cash.
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Supply Chain Shaman
JUNE 23, 2020
I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.
Logistics Viewpoints
DECEMBER 5, 2022
This involves a lot of long-haul transportation.” Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. That increases the value of the analytics used by the procurement team.
Supply Chain Shaman
OCTOBER 8, 2019
Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The two primary buffers in the supply chain are manufacturing capacity and inventory. Time horizon. The takeaway?
The Logistics & Supply Chain Management Society
JULY 16, 2023
These changes can be caused by factors such as natural disasters, political unrest, trade disputes, or disruptions in transportation networks. The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains.
Supply Chain Shaman
DECEMBER 29, 2016
In a nutshell, the research states there is a correlation between cost, inventory, and forecast performance. My problem is I see many organizations working hard on the forecast, but not improving inventory and replenishment processes; and, I think that the Hierarchy of Metrics did not go far enough. Just the opposite. Reflections.
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