Procurement Tactics

JUNE 8, 2023

Just-in-Time (JIT) This is a strategy where inventory is ordered and received just in time for production or customer demand. Economic Order Quantity (EOQ) EOQ is a formula used to calculate the optimal order quantity that minimizes total inventory costs, considering factors like ordering costs, carrying costs, and demand.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

SCMDOJO

FEBRUARY 20, 2023

Whether it’s optimizing routes, improving warehouse efficiency, or leveraging technology to enhance tracking and visibility, Distribution Operations play a critical role in the success of any business that relies on the timely and efficient delivery of goods or services. Logistics KPI Dashboard Excel Template 4.

Strategy 119

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 119

Finale Inventory

JUNE 29, 2022

Planning Ahead. Businesses that deal with surpluses regularly often simply need to re-evaluate their planning processes. To do this, businesses should analyze their end-to-end visibility through the supply chain process using real-time analysis. Finale Inventory Demand Planning.

Inventory 52

Inventory supply chain software solutions Demand Price 52