ALL OUR ACADEMIC KNOWLEDGE

LOGISTIC MODELS FOR CONSUMER CHALLENGES

Our purchase decisions can be based on two variables: Price and time. The more expensive the item is, the more time we can wait (for exclusivity). But, sometimes we are willing to pay more, to have our purchase delivered immediately. How could companies in today's world face the challenge of unpredictable consumers? In this article,

PROFESSIONAL INVENTORY MANAGEMENT

Good or bad inventory management can have a direct impact within different areas of the companies. Our article today deals with the importance of professionalizing inventory management. Also, how different areas of a company influence the optimization of the supply chain. ARTICLES RECAPITULATION With excitement, we started a new cycle of Slimstock Academy Canada! We

THE STRATEGIC INVENTORY MATRIX

The strategic inventory matrix is an essential tool to define a differentiated inventory strategy. This collaborates with the organization of the different classifications of articles. It will also help us to easily differentiate the relevant articles and create an inventory strategy according to the different classifications. In the latest publications related to Assortment Management, we

REGULARITY OF SUPPLIER’S DEMAND AND BEHAVIOUR

In the previous article, we established the importance of classifying the materials within the company- to identify the most important items to the least relevant. However, in addition to the well-known ABC Classification, there are other beneficial mechanisms. The classification, according to the Regularity of the Demand and Behaviour of the Supplier, will help successfully

THE CLASSIFICATION OF ARTICLES ABC / XYZ CORRECTLY

The classification of ABC / XYZ items is essential to identify 20% of the assortment, which generates 80% of the turnover in the business. Discover in the following article of Slimstock Academy Canada on how to make a classification of ABC / XYZ articles correctly. In the previous chapter "Introduction of New Articles and Prevention

NEW ARTICLES AND THE PREVENTION OF INVENTORY OBSOLESCENCE

To improve the prevention of inventory obsolescence, it is essential to take into account factors that are unknown or not associated with the problem. For example, more than 25% of obsolescence comes from poor management in the introduction of new articles. In the previous articles, we talked about Client focussed business strategy, Supply Chain According

3 KEYS TO EXECUTE AN ASSORTMENT STRATEGY

We have already defined the Assortment Strategy that we will adapt and the Tactics to carry out. The next step is to establish how to execute an Assortment Strategy. An essential component of inventory management is precisely the control and timely preparation of orders to suppliers. Execute an Assortment Strategy At this stage, it is

4 STEPS TO A SUCCESSFUL ASSISTANCE STRATEGY

In the previous articles, we talked about the Customer-Centric Business Strategy and how it influences the Supply Chain Management. The latter, depending on how we want to satisfy our customers based on the 3 Disciplines of value. With this base, we can establish four steps to follow to develop a successful Assortment Strategy. Assortment Strategy

SUPPLY CHAIN ACCORDING TO BUSINESS STRATEGY

The Business Strategy will define the central axis on which the mission and vision will be elaborated. It will also be the base differentiation of the company and will indicate the way forward. Concerning the Supply Chain, it will help us to define our assortment and product management. Discover how your Supply Chain should be