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Inventory Carrying Cost: Formula, Definition & How to Calculate

Unleashed

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

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Top 10 Supply Chain YouTube Channels to Subscribe

SCMDOJO

Similar to viewing your favourite music videos on YouTube or follow-up on other exciting programs, a few supply chain YouTube channels are worth subscribing to towards 2023. 2) Supply Chain Analytics | 22k Subscribers. Professor Rajat Agrawal hosts the current videos on this supply chain YouTube channel. Subscribers.

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Lifting The Gray Curtain

Supply Chain Shaman

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

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Logility President Allan Dow and VP Business Development, Diane Ngabire named Supply & Demand Chain Executive 2024 Pro’s to Know

Logility

About Supply & Demand Chain Executive Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Learn more at [link].

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What is Inventory Management Software and How Does It Work?

Unleashed

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

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Top 10 TikTokers to Take Off your Supply Chain

SCMDOJO

Through his TikTok videos, Eric shares valuable insights, strategies, and best practices related to supply chain management. Through his TikTok videos, Dr. Ahmed imparts valuable knowledge and insights related to supply chain competencies, skills, and best practices.

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The Outsourced Supply Chain with Hannah Kain

The Logistics of Logistics

Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.