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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 ...
Continue readingIn 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 ...
Continue readingThe 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 ...
Continue readingBlockchain 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 ...
Continue readingIn 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 reading27 Computers and software can make excellent allies in business and supply chain management. However, while certain progress is being made into the realm of artificial intelligence, for the present—at least—the computers we employ for most of our ...
Continue readingNearly 20 years ago, someone wisely observed: The most powerful computer system is the one that gets used. This comes to mind today in light of the current debate in the supply chain management world between the different schools of thought—much of ...
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