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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. S = Cost per order.

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Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

As a result, most projects are not clear in scope, with the implementation of visibility as a “functional extension to existing process” lacking a holistic outside-in approach/strategy to sense, respond, and act. In 2004, I joined AMR Research, a Boston Analyst firm. Design an Over-Arching Strategy and Building Blocks.

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ToolsGroup to Take the Stage with Lennox at American Supply Chain Summit

ToolsGroup

BOSTON (April 17, 2019) – ToolsGroup, a global leader in supply chain planning software, today shared it will exhibit and present at the American Supply Chain Summit 2019 , taking place April 25-26 in Dallas. Our customers consistently see service levels increase while inventory, cost, and waste go down.”. On April 25 at 11:50 a.m.,

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Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . BOSTON, Mass. And there’s no time to lose–the time is now to execute on a strategy before opportunity and competitive advantage is lost.”. PRESS RELEASE.

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New Balance Has Plans for Added U.S. Manufacturing

Supply Chain Matters

According to a published report from New Hampshire’s Manchester Union Leader via Yahoo News , plans for the sixth facility call for the construction of a 102,418 square foot combination office and manufacturing facility within Londonderry, New Hampshire , near the Manchester-Boston Regional Airport. Further noted was that a U.S.

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Allopneus.com Optimizes Inventory and Improves Competitiveness with ToolsGroup

ToolsGroup

ToolsGroup supply chain planning software allows Allopneus.com to improve inventory quality while reducing storage space at its national distribution center by almost 20%. As a result, we need to have more than 20,000 SKUs in stock,” explains Pierre-Jean Coltat, procurement and planning manager at Allopneus. NEWS RELEASE.

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Customer-Centricity in the Grocery Business

Enterra Insights

Boston Consulting Group (BCG) analysts, Gavin Parker, Thomas Jensen, Pascale Morillon, Bill Urda, and Stephanie Halgren, write, “For grocery retailers, customer-­centricity is a bit like personal virtue: everyone agrees that it’s a good thing, and no one can possibly argue against it, but actually achieving it is a challenge.”[1]