Excess Stock, is It Due to Declining Sales or Over Supply? Don’t Get the Wrong Conclusion
by At one point, a company had more finished goods than they needed. They had a lot more stock than what sales needed at the time. …
Category: Planning
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
6 Reasons Why People Development is Important in Supply Chain Management
Those of you who have switched jobs more than once know that you don’t always get a well-developed team. You’re lucky if you get it. …
Everything You Need to Know About Plastic Pallets: Types, Uses and Benefits
You use a lot of pallets to store your products in the warehouse and to ship them to customers. There are many different kinds of …
6 Effective Stocktaking Steps For More Accurate Results
It’s very important for the success of your business that you know what you keep and how much of it. If you know this information, …
Why You Don’t Always Need to Check On Hand Stock
What about the production tomorrow? Are materials available? Do you know what these kinds of questions are? I’m sure some of you have heard of …
What Should You Do When You Achieve Your Production Target Faster
Someone in charge of the production function once asked me. He reported that the production target for the month had been achieved, but that there …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
4 Reasons Not to Work Too Diligently in Supply Chain Management
Managing the supply chain can be very hard to do. So many needs to be monitored, controlled, or calculated. Such as how many stock is …
Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Warehousing
What’s Inventory Management? Benefits, Types, & Techniques
What’s inventory management? The way a business orders, stores, uses, and sells its goods is called inventory management. This includes the storage and processing of …
8 Important Things to Keep in Mind When Running a Container Yard
One time, a company asked me to help them set up a container yard. Based on what they learned from their research, they decided to …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
Supply Chain Management (SCM)
SCM stands for Supply Chain Management The process of managing the flow of goods and services is called supply chain management. It includes all of …