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Published in Download - 24 March 2019

Machine Learning in Stock Optimization

We cannot ignore it. The complexity of supply chains has increased exponentially in recent years. Whereas once upon a time, a good business strategy alone would be enough to compete, overcoming complexity is now what ultimately sets a business apart from its competitors; a trend which will only become more prevalent in the coming years.
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Published in Download - 04 March 2019

The power of service levels on profitability

“I need a 100% service level” – a typical expectation of both management and commercial departments. Purchasing & operational divisions, however, have a much better understanding of service levels and appreciate that attaining 100% is a utopia. In practice, determining an appropriate service level is an extremely complicated undertaking.  OPTIMISE YOUR SERVICE LEVELS For many
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Published in Download - 17 April 2018

The EOQ formula from theory to practice in 7 steps

Owning, maintaining, and managing inventory costs a lot of effort and money. However, you need to have enough in stock to deliver customer service: no inventory, no deal. This paper provides you with the basic knowledge you need for the optimization of your order quantities. Ordering the right quantities will lower your operational expenses while
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Published in Download - 16 April 2018

Fully Optimize Your Working Capital Management

Working capital fuels your business, but it can be easily eroded. The more inventory you have in stock, the less working capital you have available. Further, the higher the risk that that inventory will become dead stock, meaning it will never contribute to your bottom line at all. Utilizing a structured approach to your working
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Informed Inventory Decision Published in Download - 16 March 2018

The Business of bicycles

It seems that from coast to coast Americans are getting on their bikes in startling numbers. The National Household Travel Survey showed that the number of trips made by bicycle in the U.S. more than doubled from 1.7 billion in 2001 to 4 billion in 2009. Nationwide, the number of people who travelled to work
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Published in Download - 14 March 2018

Smash through the internal barriers that hold your business back

While the sales team may expect consistently high levels of availability in order to satisfy customer demand, the finance team are typically more interested in inventory cost. Consequently, operational teams are under constant pressure to strike the balance between service levels and investment in stock. However, in order to ensure that supply chain decisions are
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