Sun.Sep 30, 2018

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Why Do Supply Chains Need an Effective Communication Plan?

River Logic

Effective communication is a vital component to successful supply chain management , yet an alarming amount of businesses have no official communication plan in place to guide their employees. On top of this, supply chain managers are rarely trained in communications and end up taking a very laissez faire attitude towards the entire process. To understand why this is a problem, stop and consider the effects of bad communication.

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10 Inventory Management Strategies to Transform Your Business

My Office Apps

10 Inventory Management Strategies to Transform Your Business. Most retail businesses nowadays have an online presence. As balance sheet assets go, inventory is often the largest item. Getting inventory levels right is a challenge. Ensuring that the right items are in the most convenient location can be a headache. Preventing shortages and keeping shipping costs down can also be a problem.

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Working Capital Management: Two Challenges and How to Address Them

River Logic

Working Capital seems easy enough to understand. Divide a company’s current assets by its current liabilities and you get a ratio that helps you determine how easily a company could cover its short term debt. This is generally referred to as how liquid a company is. However, this doesn’t always paint a clear picture.

How To 102
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Safety Stock Calculation - 4 Key Points to Consider

TradeGecko

Safety stock is important for all commerce businesses — regardless of whether they’re following an inventory Min/Max calculation methodology, or whether they’re dealing with cyclical and seasonal customer demand patterns. In fact, maintaining safety stock is an essential part of capturing opportunistic sales, retaining business and making customers happy.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Capacity Planning: Is Your Plan Feasible and Optimal?

River Logic

Most organizations have a hard time minimizing the discrepancies between their capacity and the demands of their customers. As a result, most of them are under-utilizing resources or are unable to fulfill customer demand.

Capacity 101

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The Ten Must-Read Supply Chain Blogs of 2017

River Logic

The first month of the New Year has come and gone. Since everyone chooses to do their “best of” lists in January — causing us all to be a bit slammed with “bests” — we instead decided to share our must-read supply chain blogs of 2016 a little later. These are the blogs that every organization and career professional should be reading if they’re looking stay ahead of the game this year.

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3 Types of Electric Car Batteries You Should Know

Insights Solutions Global

Want to know how to choose the electric car battery that best fit your needs? How about getting to know the types of car batteries for electric vehicles first. You'd be more comfortable making the decision when you have more information.

How To 52
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Beyond Bottlenecks: Theory of Constraints & Enterprise Optimization

River Logic

One of my least favorite classes while working toward my MBA at the University of Texas was Operations Management. Sure, it was better than financial accounting, but whenever I looked at the material, I thought, “I’ll never run a manufacturing plant. Why should I care?”.

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4 Reasons Why Lithium Battery is Better Than Lead-acid Battery

Insights Solutions Global

Even though the lithium battery costs a bit more than the lead-acid battery, the spend it totally worth it. Interested in knowing why? Here are 4 of the reasons for your reference. The post 4 Reasons Why Lithium Battery is Better Than Lead-acid Battery appeared first on Insight Solutions Global.

Global 40
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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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How to Perfect Your Risk Mitigation Strategies

River Logic

As we well know, there are risks inherent in almost every major business decision. Even if decision-makers opt out of an opportunity because it seems too risky, that decision in itself can still be hazardous. Being too timid could lead to things like new markets not being pursued, new products not being developed or allowing competitors to gain the advantage.

Strategy 101
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3 Types of Electric Car Batteries You Should Know

Insights Solutions Global

Want to know how to choose the electric car battery that best fit your needs? How about getting to know the types of car batteries for electric vehicles first. You'd be more comfortable making the decision when you have more information. The post 3 Types of Electric Car Batteries You Should Know appeared first on Insight Solutions Global.

Global 40