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Körber Elevate 2024: Chart Your Course

Logistics Viewpoints

The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber Supply Chain pointed out, is all about overcoming supply chain complexities and challenges. Available to sell is the on-hand inventory minus any promised inventory. Available to promise is a reserve against incoming inventory.

Course 306
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Top 10 Hottest Courses at SCMDOJO Academy 2024

SCMDOJO

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. SCMDOJO offers a diverse range of courses to cater to various learning needs. Here are 10 of their top-rated courses: 1. The best part about availing this course is that it’s FREE.

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A Detailed Comparison of edX Supply Chain Courses vs. SCMDOJO Academy

SCMDOJO

With numerous platforms offering online courses, including edX supply chain courses and SCMDOJO academy , it can be challenging to choose the one that best fits your needs, especially when it comes to specialized fields like supply chain management. A general platform covering various subjects, including supply chain.

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Here’s How to Measure Inventory Health

ToolsGroup

Looking for a relatively quick way to measure inventory health? “It Even though we’re talking about inventory, we first have to understand customer buying behavior—and how that then translates into inventory requirements.” This is different from problematic ABC inventory classification.

Modeling 317
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Planning to Win: Optimizing Inventory to Meet Business Objectives

ToolsGroup

Optimization is peak efficiency, using the perfect balance of inventory and resources to service customer demand without incurring any unnecessary costs or waste. Optimizing is meaningless without an inventory optimization objective. Of course, inventory optimization is infinitely more complex than yacht racing.

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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

At one of the demo booths, what stood out was the ability of the procurement solution to track savings leakage over the course of a contract. They also cover supplier managed inventory, quality collaboration, manufacturing line collaboration, and asset collaboration. However, those savings can leak away in several different ways.

SAP 298
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Inventory Management vs. Inventory Optimization: What’s Wrong with ABC Inventory Classification?

ToolsGroup

ABC inventory classification has been around so long that most planners just assume it’s the only way to segment your inventory. Let’s examine how inventory management has evolved into inventory optimization so that companies can minimize inventory investment while still hitting service level targets and maximing proftability.