4 Reasons Why Using Local Suppliers Is More Profitable
by People who use imported raw materials tend to have more stock on hand. This is very common, since you have to plan for the possibility …
Category: Procurements
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. …
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 …
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 …
5 Things That Can Go Wrong with Your Supply Chain
Supply chains can be very complicated, and this makes companies more and more aware of how important it is for them and their suppliers to …
Costs / Inventory / Planning / Procurements / Warehousing
9 of the Most Common Reasons Why You Might Have Excess Stock
Company C is having trouble getting cash. All of their money is invested in their inventory items. So, it’s hard for them to pay for …
Costs / Inventory / Planning / Procurements / Warehousing
10 Ways to Reduce Supply Chain Costs by a Huge amount
Company B is trying hard to make more money than it did last year. Companies want to make money. And there are only two ways …
How to Reduce Your Company’s Inventory Effectively in 8 Ways
Here, I’ll tell you how to reduce on inventory. You already know how important it is to keep enough inventory on hand to meet sales …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
What is Sales and Operation Planning (S&OP) and What Happens If You Don’t Do It?
In this post, I’ll talk about what Sales and Operation Planning (S&OP) is, why it’s so important, and what happens if you don’t do this …