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Four ways Inventory Optimization can address tighter supply constraints

ToolsGroup

The Wall Street Journal recently advised “In the battle for economic supremacy, investors should quickly be realizing it’s increasingly about supply, not demand.” ( The Next Challenge for Global Growth: Keeping Up With Demand , April 24, 2018 ). Inventory (both finished goods and materials) can then be allocated to more critical demand.

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Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

An analysis of improvement, performance, and value of over 500 public companies in 28 industries over a decade. (I Note to the reader: we selected these metrics for the balanced scorecard for the analysis after work with Arizona State University to understand which metrics, in combination, most closely correlated with market capitalization.

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Retail Sales and Operations Teams Need to Up Their Game in Inventory Management Agility and Responsiveness

Supply Chain Matters

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

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The Big Sigh

Supply Chain Shaman

He was also unaware of how to measure Forecast Value-Added, the Bullwhip impact and the health of inventory. I quickly wrote a “how to guide” on a scrap piece of paper, suggested some consultants to help him with the analysis, and sent him home to define “what makes a good plan.” I welcome your feedback.

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3 Warehouse Insights for Supply Chain Leaders from the Wall Street Journal’s Industry Analysis

Stord

The Wall Street Journal’s recent analysis of retailers’ logistical challenges highlights the appeal and success of alternative solutions to traditional warehousing in retail and beyond. The software that these new approaches often offer allows shippers to view their inventory more easily. Read the Wall Street Journal article

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Cost of Goods Sold Formula (with examples)

Unleashed

The Cost of Goods Sold formula is: Opening Inventory + Purchases + Production Costs – Closing Inventory = Cost of Goods Sold Below, we explain what the cost of goods sold (COGS) is, why it’s important for product businesses, and how to calculate COGS using the cost of goods sold formula. What is cost of goods sold?

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Mining Supply Chain Data for Insights

Supply Chain Shaman

The analysis was industry-specific. To complete the research, we assigned each company in the analysis a unique company ID to reduce bias. For this analysis, J&J was assigned to the pharmaceutical industry. Note that there is an inverse relationship between inventory turns and inventory targets.