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History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

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7 Things To Consider For Efficient Spare Parts Management

SCMDOJO

Considerations for efficient inventory management within the operational strategy for spare parts include: Data Collection and Analysis: Gather and analyze pertinent data to enhance your business strategy in spare parts management. This is crucial for maintaining a reliable supply chain.

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Unlocking a Strong Inventory Turnover Ratio: Definitions and Formulas | Ecommerce

Finale Inventory

By allocating resources effectively, ecommerce businesses can maintain agility and responsiveness in a competitive market. Interpreting Inventory Turnover Ratio Once the inventory turnover ratio is calculated, interpreting the results provides valuable insights into ecommerce business performance.