SCMDOJO

JULY 29, 2022

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. S = Cost per order.

Quantity 131

Quantity Supply chain management Supply chain management Supply Chain Efficiency 131

SCMDOJO

JULY 7, 2023

Introduction Founded in 2009, Rivian Automotive, Inc. However, this initial success was soon overshadowed by a series of setbacks and challenges that Rivian had to navigate through mainly related to supply chain and production. The production setbacks experienced by Rivian had a direct impact on its reputation and supply chain.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 105

Supply Chain Collaborator

JANUARY 25, 2016

There is still time and budget for shipping organizations to implement new TMS solutions or upgrade existing ones – yielding benefits like automation, efficiency improvements, expanded visibility and scalability – if they’re to be well-protected against what appears to be a looming downturn. Over the Road Trucking. Rail and Multimodal.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Inventory 60

EazyStock

MARCH 14, 2023

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner. 4 Tips for stock-keeping companies during an economic downturn 1.

Strategy 52

Strategy Supply Chain Optimization Inventory supply chain software solutions 52

Supply Chain Collaborator

JULY 7, 2016

” Monahan remarked, “While economic and carrier conditions are expected to continue favoring the ‘shippers’ market’ for the next six months, a realignment of factors – including capacity, inventories, interest rates and economic growth – are projected to result in moderately higher transportation rates in 2017.”

Logistics 60

Logistics Price Strategic planning Inventory 60

Supply Chain Trend

FEBRUARY 21, 2016

McKinsey studies in 2009 and 2013 also supports this conclusion. Principles like open communications, transparent data usage, public information sharing make them nervous. Take for example a young supply chain professional I coached. Change is hard. Coaching to change.

Leadership 74

Leadership Supply Chain Efficiency Influencing Change management 74

Let's Talk Supply Chain

APRIL 6, 2023

They met while working at Omniture, an online marketing and digital analytics firm that was acquired by Adobe in 2009 for $1.8 Coby and John found obvious deficiencies in these same organizations’ supply chain and operational systems, and thus, Enveyo was born. Coby Nilsson and John Errebo co-founded Enveyo in 2010. Why Enveyo?

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Logistics Data 52