Cost and Complexity – Factory Perspective on Inventory Golden Rules
The purpose of this blog is to explain a basic costing challenge in factories and their impact on critical SCM analysis and decisions.
The purpose of this blog is to explain a basic costing challenge in factories and their impact on critical SCM analysis and decisions.
In this blog are some analyses based on the Pareto principle (or as is very commonly referred to as ABC analysis) that one can do in order to determine the alignment of the inventory with the overall needs of the supply chain.