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7 Reasons Why You Should Reduce Inventory

SCMDOJO

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

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5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA.

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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

While implementing SCaaS poses challenges, it has demonstrated its effectiveness across industries, fostering company growth, cost reduction, and leveraging cutting-edge technology. This partnership improves inventory management, particularly for medicines with limited shelf life, utilizing dedicated storage facilities.

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7 Best Customer Service Books CEOs Read

Supply Chain Opz

For example, - In some industries such as steel, chemicals, and other heavy industries, products are highly commoditized. Those people you are dealing with every day is actually your "internal customer" (as in lean manufacturing or six sigma initiatives.) Journal of the academy of marketing science, 32(3), 293-311.

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Understand the Pitfalls of IBP Before Embarking on a Supply Chain Transformation

Logistics Viewpoints

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

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How vehicle customization will drive the supply chain of the future

Kinaxis

By profession a mechanical and industrial engineer, Farhan Mirza has worked several years in General Motors from manufacturing to purchasing, supply quality and launch. The opportunities and challenges presented by telematics combined with individual personalization and supply chain excellence is something we need to continue to study.

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The Ultimate Guide to Contract Logistics: What You Need to Know

SCMDOJO

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.