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Inventory Pop 5993

Whether caused by planned, poorly planned or unplanned events, inventory shortages do occur. No one wants to admit to inventory problems, especially to customers, but ignoring the problem is the worst decision possible.

Whether caused by planned, poorly planned or unplanned events, inventory shortages do occur. Customer impact and long-term account relationships depend on a company's ability to handle these shortages in a routine and organised fashion.

Published in Best Practices

Inventory has been and continues to be the lifeblood of supply chains. Properly managed, it drives revenue and efficiency for companies. But as the nature of supply chains changes, so must the policies used to manage inventory. Traditional inventory management practices are being made obsolete by increasing global supply chains and contract manufacturing, more dynamic product life cycles, and multi-channel distribution.

Published in Best Practices
Tuesday, 11 September 2012 14:23

Demand-Driven Inventory Management Strategies

Companies across a broad spectrum of manufacturing, distribution, and retail segments are striving to be more demand driven.

The demand-driven strategy of allowing actual demand to pull inventory through the company and its supply chain seems simple. However for those using traditional supply chain management practices, other corporate strategies – along with some outside forces –make it a challenge to create a truly demand-driven supply and distribution network. Strategies such as increasing the pace of innovation and appealing to broader ranges of consumers are making product lifecycles shorter and product mix higher.

Published in Industry

CSCO INV1

Few Companies Believe they are Excellent at Managing Inventories Network-Wide; What are the Top Barriers to Improved Performance?
by SCDigest Editorial Staff     

Last year, our Chief Supply Chain Insights research arm issued an excellent report on better managing network-wide inventories.

That report was based in part on a major survey of inventory practices and perceived opportunities in improving network-wide inventory management, based on respondes from over 300 SCDigest readers.

Published in Best Practices
Tuesday, 20 October 2009 09:18

What is the Inventory cost structure

Now we know that inventory has good reason to be held, we can look at the cost structure in order to understand the cost key triggers:

Published in Inventory Management
Monday, 19 October 2009 16:34

Impact of holding inventory

As stated in last article, companies do hold inventory as they need for running their business.

But holding inventory is not free and so has many financial drawbacks:

Published in Inventory Management
Thursday, 15 October 2009 20:25

Why holding Inventory

Let’s start with the main concepts around inventory:

Published in Inventory Management
Tuesday, 20 October 2009 14:32

Economic Order Quantity (EOQ) Model

The economic order quantity – EOQ - is the optimum amount of material to order that has the lowest inventory cost taking into account the carrying costs, ordering costs, and stockout costs.

Published in Inventory Management
Wednesday, 21 October 2009 13:46

How to size a safety stock

A safety stock is used to prevent any stockout due to a variable demand and/or a variable delivery leadtime.

Published in Inventory Management
Thursday, 08 March 2012 21:42

Amazon Warehouse's processing

This video shows the new Amazon fulfillment center which is quite XXL but I am so surprised to see such manual and traditionnal processes such as manual barcode reading without any automated picking.

Published in Corporate
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