Unleashed

APRIL 15, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation?

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

Unleashed

APRIL 3, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation?

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction Strategies 52

SCMDOJO

FEBRUARY 19, 2024

– Operational improvements (reduction of lead time, increase in productivity, and reduction in work-in-process inventory, etc.). Figure-c: Evolution of Lean Six Sigma (source: Snee, R.D. – Six Sigma creates a link between tactical actions and strategic focus. . – Comparatively simple deployment tools. Hoerl, R.W.,

Six Sigma 79

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 79

Precoro

JUNE 21, 2023

Accounting policies and assumptions in areas such as inventory valuation methods, depreciation methods, and criteria for estimating fair value. One essential component of the financial cycle is Accounts Payable (AP), which refers to the amounts owed by an entity to its suppliers, vendors , and creditors for goods and services received.

Procurement Analytics 98

Procurement Analytics Expense Reduction Procurement Solutions Guidelines 98

EMERGE App

MAY 24, 2020

Aside from the usual profit and cash flow ratios — two important metrics that are always on your mind — other metrics judge just how efficiently your business is doing with inventory management. The order fill rate simply refers to the percentage of customer orders that are immediately fulfilled by available stock.

Procurement Analytics 52

Procurement Analytics Inventory Management Software Sourcing Strategies Purchasing Skills 52

EMERGE App

OCTOBER 1, 2018

Aside from the usual profit and cash flow ratios — two important metrics that are always on your mind — other metrics judge just how efficiently your business is doing with inventory management. The order fill rate simply refers to the percentage of customer orders that are immediately fulfilled by available stock.

Procurement Analytics 74

Procurement Analytics Inventory Management Software Sourcing Strategies Purchasing Skills 74

Bristlecone

MARCH 31, 2020

The financial crisis of 2007-08 was referred to as a black swan event because it caused catastrophic damage to the global economy and triggered widespread disruption to people’s lives. Increasingly, businesses are driven by the need to improve productivity, minimize costs, reduce inventory and drive up asset utilization.

Modeling 52

Modeling Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

crisp

JULY 28, 2023

Verve Coffee’s strategic partnership with Crisp helped them optimize inventory, increase sales, and expand their presence in grocery stores across the nation. Tip: Points of distribution (PODs) refer to the retail placements where individual product SKUs are distributed and available for purchase.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Data Inventory Management Software 52

NC State SCRC

JUNE 22, 2023

Do we have a crystal ball, and a system to produce a dashboard of every unit crossing a border where we pay a duty, and how much we are paying different countries like Japan, Malaysia, Vietnam or any of the hundreds of different countries we do business in today with suppliers or distributors? This is all very real.

Global 40

Global Price Reduction Inventory Reduction Cambodia 40

Talking Logistics

DECEMBER 16, 2016

“If you have a tsunami and part of your supply chain is knocked out, as happened a few years ago, you have better info about where parts are,” he said, referring to the earthquake and subsequent tsunami that struck Japan in 2011. Assuming these anticipated rate hikes occur, what impact will they have on inventory levels?

Predictive Analytics Software 50

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 50