The ROI of Inventory Reduction
A lot of projects propose to deliver ROI through lower levels of inventory. Servicing the demand at desired service levels with lower inventory should save the company some money. But how, exactly?
A lot of projects propose to deliver ROI through lower levels of inventory. Servicing the demand at desired service levels with lower inventory should save the company some money. But how, exactly?
If you're looking to improve your supply chain management systems, these quick tips can help you get started.
In previous “tools of the trade” blogs, the focus has been on conveying a basic understanding of core technologies critical to improving supply chain management decision making. Other blogs have focused on investing in technology. As with any investment there are risks to success. This blog focuses on the need for a small group driving technology that upsets the social order called agents of change (AOC).
Over the past six months, significant progress has been made in understanding COVID-19 and reducing its health and economic impact. In this blog, we will not rehash this information, but to identify open issues in handling the current challenge of tackling COVID-19 and relate this to the challenge of managing supply chains.