Remove Beverage Remove Eliminating Excel in Purchasing Remove Metrics Remove Warehousing
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Get More Out of Your Kroger 84.51 and Market6 Data

Alloy

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. Kroger collaborates with thousands of food and beverage, health, beauty, and personal care companies to service roughly 2,800 stores.

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Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. In times of uncertainty, cash is king.

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16 Cost Reduction Strategies in Inventory Management

Unleashed

Using this strategy improves efficiencies in product delivery, frees up capital and reduces warehousing costs. It can also be used to configure warehousing to ensure the most effective storage of the three types of goods. It can also reduce downtime resulting from late stock delivery. It also avoids the need to dip into safety stock.

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Reverse Logistics: What is it, and Why is it So Important?

Unleashed

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. It is becoming more common for food & beverage companies, for instance, to collect, clean and reuse boxes, bottles and barrels. Consumers are shopping online more and more.

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Retail Inventory Management: Basic Steps & Best Practices

Unleashed

Plan Retail inventory management begins with planning the type and variety of products to buy (and their respective quantities). To manage the inventory in your retail store, it’s important to have a strategy to help guide what and how much to buy. This means inspecting the quality, quantity, and condition of the goods.

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How to calculate safety stock – with formulas and examples

Unleashed

How to calculate Safety Stock levels in Excel. You can calculate safety stock levels in Excel by setting up your spreadsheet as per the image below. The safety stock formula can be calculated in Excel with a simple table. Column E is the average number of days it takes to receive goods of that type once you place a new order.

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50 expert tips on supply chain management

6 River Systems

Building supply chain resilience isn’t a new goal, but it’s become a primary focus for supply chain leaders in the wake of the pandemic crisis, particularly in the hardest-hit industries, such as food and beverage. ” — Understanding Supply Chain Excellence , Michigan State University; Twitter: @michiganstateu 33.