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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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Hans Willems, Boston Scientific: “We’ve now evolved into a solutions provider”

Supply Chain Movement

A Boston Scientific medical device is used somewhere in the world every two seconds, but the company is much more than a medical device manufacturer. The firm’s lean engineers and supply chain engineers help hospitals not only with inventory management and logistics but also with process improvements in catheterisation labs, for example.

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6 Things to Consider as You Plan Your 2016 Budget

Talking Logistics

You probably have questions about what the 2016-2017 ocean contract season will bring. The bunker has been trending on the low side and is expected to continue this way through 2016—good news for ocean carriers, as bunker fuel is by far one of their largest operational costs. Consolidations. Bunker Cost. Driven by U.S.

Panama 100
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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. It’s a brave new world indeed!

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Multi Currency ERP for Small Businesses – EMERGE App

EMERGE App

World exports of manufactured goods increased from US$ 8 trillion in 2006 to US$ 11 trillion in 2016. Developing economies had a 41% share in world trade in 2016. In fact, the top 10 wealthiest countries made up over half of the world’s total trade in 2016. World Trade Statistical Review 2017, WTO). In 2013 the number was four.

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Supply Chain Movement 20 – Trends & Consulting

Supply Chain Movement

Contents Supply Chain Movement 20 – 2016 Q1. Publishing date: 26 February 2016. 10 | SCM Consulting Map Europe 2016. 12 | Profile Hans Willems, Vice President Supply Chain Europe, Boston Scientific. 6 | News & Background. New business models are essential. Winner and loser of last quarter.

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6 Things to Consider as You Plan Your 2016 Budget

CH Robinson Transportfolio

You probably have questions about what the 2016-2017 ocean contract season will bring. The bunker has been trending on the low side and is expected to continue this way through 2016—good news for ocean carriers, as bunker fuel is by far one of their largest operational costs. Consolidations. Bunker Cost. Driven by U.S.