Exercises Inventory Metrics Purchasing Training 
Logistics Bureau
DECEMBER 18, 2017
Good inventory management, like everything else, starts with good planning. But planning isn’t just the start; it’s the very foundation of effective inventory control. Inventory planning also happens to be an area that many companies fail to prioritise sufficiently. The Basics of Inventory Planning.
DiManEx
JUNE 5, 2019
OEMs, for example, are typically required to keep spare and repair parts in their inventory, but having excess stock results in unnecessary costs. Instead of purchasing an entirely new unit because they fail to obtain a component for repairs, they choose to produce a spare part when it’s needed.
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Logistics Bureau
AUGUST 1, 2022
The need for any S&OP process to have an executive sponsor who actively participates in the process, albeit only by exercising final approval over plans and, of course, making any decisions that call for executive authority, cannot be overstated. Inventory turns. The Executive Sponsor. S&OP Leadership Errors to Avoid.
synchrono
DECEMBER 18, 2017
With eKanban implementations, this can be any number of problems including excess materials on hand, slow inventory turns, too much scrap and more. If you’re not using a manual Kanban system, map the current inventory replenishment process.) For example, they were literally logging 7 miles a year to track down inventory!
Logistics Bureau
JULY 18, 2018
They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. As market and buying trend data becomes more abundant and IT systems more connected, retailers can better estimate demand and adapt their ordering. They may have ordered more than they need. Forecast demand better.
Supply Chain Shaman
FEBRUARY 25, 2016
Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Short cycles require buffer inventories and short lead times. Let me explain. Responsive Supply Chain.
6 River Systems
OCTOBER 19, 2020
According to research conducted by BigCommerce , the top three factors that influence consumers’ online purchasing decisions are convenience, cost and free shipping. Planning and organizing inventory is a vital facet of warehouse logistics. What is warehouse logistics?
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