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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

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Finished Goods Inventory: Definition & Formula

Unleashed

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business. What are finished goods inventory?

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Responding to Supply Chain Disruption Amid COVID-19

AIMMS

As transportation lanes become unavailable, the availability of suppliers and components will decrease. There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. Study 3: Identify Optimal Sourcing Locations .

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Manufacturing Inventory Management: The Manufacturer’s Guide

Unleashed

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

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Inventory Distortion Will Cost Retailers $1.77 Trillion in 2023. Here’s How Blue Yonder Can Help.

BlueYonder

But the past several years have made it seem nearly impossible, thanks to fast-changing consumer needs, increased competition, the growth of omni-channel, supply shortages, and transportation issues. What’s the real cost of inaccurate inventory management? trillion problem of inventory distortion.

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Responding to Supply Chain Disruption Amid COVID-19

AIMMS

As transportation lanes become unavailable, the availability of suppliers and components will decrease. There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. Study 3: Identify Optimal Sourcing Locations .

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Just-In-Time Management – How to Manage Inventory in 2024

ThroughPut

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.