Safety Stock Calculation
When I first learned inventory planning the safety stock calculation math was rather simple. On top of the cycle stock (expected demand […]
When I first learned inventory planning the safety stock calculation math was rather simple. On top of the cycle stock (expected demand […]
Traditional standard costing systems track costs as products pass from raw materials, to work in progress, to finished goods, and finally to […]
“That’s not the formula I use” was the start of the debate. So looking at a few reference books and searching the […]
The Certified Supply Chain Professional is the new industry certification program sponsored by the American Production and Inventory Control Society to meet […]
"Kaizen, or continuous improvement, isn’t something you do once. It’s a way of life." I said. The VP gave me a funny […]
Recently a supply chain executive asked me to rate his warehousing operations. "OK, on what scale?" I said, trying to be honest […]
ABC Analysis can be used to assign the appropriate level of control and review frequency based on the annual dollar volume of […]
American Society of Transportation & Logistic and Supply Chain Atlanta Roundtable panel discussion with top industry specialist Chris Barnes, Mike Cutone & […]
Supply chain management was designed to take waste out of supply chains-waste as to excess inventory, time and cost. Supply chains are […]
Trying to replace one soup can in the middle of a display can lead to disaster. If you decide to change the […]