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What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right...
What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business...
In the early 1980s, just in time supply chain management emerged as a way for businesses to reduce stock levels...
You’re a manufacturer who is working on an order when you realize that you’re out of a necessary component due...
JIT v JIC stock management For years companies have operated a just-in-time (JIT) supply chain model, only ordering stock items...
The effects of COVID-19 on global supply chains have been far reaching. The shipping industry in particular has been hit...
The current causes of stockouts Since the COVID-19 pandemic took hold, businesses across the globe have faced stock availability challenges....
The product life cycle model is not only important to marketing teams and product managers; it’s also critical to any...
What is reorder point planning? Reordering point planning involves calculating when stock levels hit a point at which it’s the...
Supply chain management in eCommerce The growth of eCommerce in both the B2C and B2B sectors has bought a wealth...
One of the most common questions we receive is “We already have an ERP inventory module. Why do we need...
What is a bill of materials (BOM)? In its simplest form, a bill of materials (BOM) is a list of...
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