article thumbnail

Supply Chain Secrets Going Global – But Where Should we Share Them?

Logistics Bureau

One of those is Supply Chain Secrets, an educational company in the Logistics Bureau group, which exists purely to share practical guidance with companies and individuals wishing to improve their supply chain knowledge and expertise. “I I will be a 1 man fully self-contained ‘travelling seminar’ Where do you think I should go?”.

article thumbnail

Lean versus EOQ? What’s best for your organization?

Kinaxis

EOQ attempts to optimize lot size by balancing manufacturing cost ( Fixed + variable costs) with things like inventory holding costs and capacity utilization. Lean relies on minimization of, among other things, lot sizes, inventory and waiting. Here are the most cost effective parts to re-schedule/ group to balance capacity with cost.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Contracts, Cancellations, and Closures: Persistent Trends Leave a Pre-Peak Season Logistics Industry on Edge

Intelligent Audit

As the logistics industry reexamines capacity challenges ahead of the 2022 holiday shipping season, SupplyChainDive gathered a group of transportation experts to discuss how shippers should prepare for a potentially tough peak season. So the shortage will continue, but for some sellers, the problem will be too much inventory.”.

article thumbnail

Top Ten Tips to Boost Supply Chain Performance to Best in Class

Logistics Bureau

I’ll also be providing some step by step guides and tools on these at our Free Seminars Series in February and March, but more on that later. Therefore, you may experience build up in inventory levels, unbalanced inventory deployment and the consequential impacts on customer service and cost. Improve Team Knowledge Continuously.

article thumbnail

RELEX Shares Vision for Unified Retail Planning at its 5th Annual UK Space & Supply Chain Forum

RELEX Solutions

After a welcome introduction by Ms Luostarinen, RELEX Group CEO Mikko Kärkkäinen kicked off the main seminar by providing a quick overview of RELEX’s progress to date. Of particular note was how the RELEX solution has helped Wyevale adopt a detailed approach to range management across such a rapidly changing inventory.

article thumbnail

Frequently Asked Questions about the APICS CSCP Exam

Supply Chain Cowboy

The CPIM certification is more targeted toward those looking at careers in inventory management. Essentially, one group uses all the external sources they list to write the test, and another group uses all those external sources to build the learning system. The two groups do not coordinate to preserve the integrity of the test.

article thumbnail

26 warehouse pros reveal the most important factors to consider when moving to an automated warehouse

6 River Systems

Warehousing effectiveness depends upon the accuracy of the physical inventory in the warehouse with the respect to the inventory indicated in the computer system. This discrepancy between the physical and electronic inventories is dependent on the reliability of the warehouse processes. Charlie Wilgus. Lucas_Group.