Remove Inventory Remove Metrics Remove Puerto Rico Remove Strategy
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Supply Chain Best Practices: Preparing for the Worst

Elementum

Establish appropriate metrics that correspond with the steps outlined in your contingency plan. Consider your suppliers' contingency planning strategy when selecting vendors, and test them regularly with different scenarios. Tips for an Effective Contingency Plan. data backups) taken in the present can payoff immensely in the long run.

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What About Them Apples?

Supply Chain Shaman

A shortage of pharmaceuticals in Puerto Rico. If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. Inventory strategies and processes to absorb the error. One thing is clear.

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Supply Chain Best Practices: Preparing for the Worst

Elementum

Establish appropriate metrics that correspond with the steps outlined in your contingency plan. Consider your suppliers' contingency planning strategy when selecting vendors, and test them regularly with different scenarios. Tips for an Effective Contingency Plan. data backups) taken in the present can payoff immensely in the long run.

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Inventory stock turns in Days. For this reason, KPIs are essential for any business improvement strategy. Inventory management. Inventory levels. A KPI is a metric… but not just any metric. A KPI is a metric focused on a KEY element of business, departmental, or team performance. Warehousing.

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