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In order to understand better how to manage your supply chain effectively, and how to maximize ROI on your investment in inventory in your supply chain, you really need to grasp some additional dimensions that help define how your inventory gets .
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In Part 1 and Part 2 of this series, we talked about controlling inventory, before being able to competently manage inventory. We also talked about some other best practices for organizing inventory in your warehouse. Let’s go on to see what other .
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The other day, I watched the recent Christopher Robin film with three of my grandchildren. I’ll tell you a secret: A.A. Milne and Winnie-the-Pooh are favorites of mine, even as an adult. What astounded me about this film was the nuggets of real .
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Blockchain technology has evolved quickly and has positively impacted some industries, especially financial sectors and banking. Blockchain has a lot of potential to impact the food and beverage industry. How Blockchain can be implemented in the .
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In this article, I’d like to discuss my view of some common supply chain metrics, and their weaknesses. The important metrics should be about meeting tomorrow’s customer demands, not what happened yesterday and we can do nothing about it.
Continue readingAre you caught in the situation of being forced to rely on traditional forecast-driven MRP or DRP methods? 7 Things to Consider When Making Changes in Your Supply Chain? 1. We will create a system that senses demand and autonomously responds for .
Continue readingThis is HARD… Having your supply chain management team make decisions about questions like the following is HARD if they are looking at screens like the one you see here. What to order? When to order it? In what quantities? With what priority?
Continue readingFor years I have joked with folks saying, "I wish my doctor would stop practicing medicine. I want to go to him when he's done practicing!" However, I have to confess, now, that I've been wrong about that. It's a clever joke, but built upon a wrong .
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