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How to use Influencer Marketing to Promote Your Brand and Product
1 day ago

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5 Levels of Supply Chain Planning
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Supply Chain Management 54

Supply Chain Leader

The importance of effective supply chain leadership in the success of a business is clearly more defined nowadays. Whether you run a small, medium or multi-national/conglomerate across the globe, you need a supply chain leadership style that will effectively cover the end to end supply chain and motivate people. Leadership itself is complex and very… Continue reading

Forecast Anything with Excel

Inventory carrying cost

Inventory carrying cost describes the cost incurred by a business for holding inventory over a particular period of time. Similarly, inventory carry cost is the sum total of expenses which a company acquires as a result of storage. The costs include taxes, insurance, cost of obsolesce, shrinkage, warehouse, damage and relocation. As long there is… Continue reading

Forecast Anything with Excel

Forecasting Methods

We all know the importance of demand forecasting in the supply chain, but the question people mostly ask which of the many forecasting methods is best suited for us? In my experience, Made-to-stock business has to forecast because that’s how they decide what to build. If there is no forecast and you are buying from… Continue reading

Forecast Anything with Excel

Importance of Inventory Management

Do you know the importance of inventory management? I am sure most of you will say yes! But do you know the full range of benefits. Inventory management enhances business operations with the effective flow of goods and services. Inventory Management and control implies the controlling of business stock or controlling the movement of products… Continue reading

Forecast Anything with Excel

supply chain technologies

From the early assembly lines to cutting-edge robotic systems, the continually evolving supply chain technologies is Shaping the present and the future. Most recent trends in supply chain technologies focus on a smart, tech-driven solution to decrease operating costs and improve efficiency. These changes are based on leading supply chain establishments having immediate adoption and… Continue reading

Forecast Anything with Excel

Excess and obsolete inventory

Amongst the big issues killing any business valuation is the volume of inventory at hand that is placed as excess and obsolete. Excess and obsolete inventory is the outcome from several problems that ensue due to “a series of unplanned proceedings”, and often extends to many functions. For a typical business, the excess and obsolete… Continue reading

Forecast Anything with Excel

supply chain optimization

If the businesses want the functions of their supply chain to be optimized or achieve supply chain optimization, it is not sufficient to simply select a correct strategy. They rather need to analyze their weaknesses and strengths, for improving the demand chains in terms of measuring their overall performances. Hence, the potential failures can be… Continue reading

Forecast Anything with Excel
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