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Reducing Obsolete Inventory: A Practical Guide

SCMDOJO

Excessive and obsolete inventory can cause a business to fail. One needs to mitigate these challenges and learn how to optimize inventory. Healthy inventory optimization management can help a company flourish like a wealthy field. That is why optimizing inventory and reducing obsolescence is a necessity. Click here!

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6 Critical Supply Chain KPIs!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Product Management KPIs! Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. The data must be available so that a performance management system can then give you the KPI. Inventory Turnover (Cash). Subscribe Here!

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Top 10 Hottest Courses at SCMDOJO Academy 2024

SCMDOJO

It will also help you develop a strong foundation in procurement best practices and enhance your ability to optimize costs and build strong supplier relationships. Moreover, this course offers a comprehensive overview of production and operations management concepts that covers: Process Improvement Quality Control Inventory Management.

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KPIs in Supply Chain — Everything You Should Know?

Procurement Tactics

Supply Chain KPIs Explained. Supply chain KPIs, also known as supply chain metrics, are established parameters that are used to quantify and define the performance of the supply chain. To simplify, these are tools to measure how good your supply chain is doing. .

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Supply Chain Metrics: Key Indicators for Success

SCMDOJO

If you want to learn in-depth about supply chain KPIs, you should check out our course “Essential Supply Chain KPIs: Measure, Analyze, Improve” by Paul Denneman. Inventory management organizes stock control from manufacturing to distribution/warehouses and onward to sales locations.

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A Detailed Comparison of edX Supply Chain Courses vs. SCMDOJO Academy

SCMDOJO

The platform offers a focused, specialized library of courses , tools , and resources tailored for individuals looking to deepen their knowledge or grow their careers in supply chain management. Its sole focus on supply chain management makes it an excellent choice for anyone serious about developing specialized skills in this field.

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Finance Hacks: How to Reduce Supply Chain Costs

Procurement Tactics

Tips for Reducing Supply Chain Costs . Cost is one of the most crucial supply chain KPIs. Hence, businesses must be proactive in making the supply chain more affordable while ensuring high quality. It not only improves the speed by which people and inventory move, but it can also reduce costs.