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Coronavirus Impact on Supply Chain
Looming Coronavirus Impact on Supply Chain – 5 Consideration to Combat
6 days ago

<div class="at-above-post-arch-page addthis_tool" data-url="http://www.scmdojo.com/coronavirus-impact-on-supply-chain/"></div>Coronavirus Impact on Supply Chain is still very much unknown. The unfortunate outbreak of the Coronavirus (COVID-19) in Wuhan, a critical industrial and transportation serving several global markets, has led to several restrictions and limitations for several businesses. In the business world, the response to the outbreak would see a massive impact on the current global... <a class="read-more" href="http://www.scmdojo.com/coronavirus-impact-on-supply-chain/">Continue reading</a><!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above via filter on get_the_excerpt --><!-- AddThis Share Buttons below via filter on get_the_excerpt --><div class="at-below-post-arch-page addthis_tool" data-url="http://www.scmdojo.com/coronavirus-impact-on-supply-chain/"></div><!-- AddThis Share Buttons generic via filter on get_the_excerpt -->

Artificial Intelligence in Procurement
The Challenges and Opportunities of Implementing Artificial Intelligence in Procurement
24 days ago

<div class="at-above-post-arch-page addthis_tool" data-url="http://www.scmdojo.com/artificial-intelligence-procurement/"></div>The wonders of artificial intelligence are reaching more corners of modern industry each day. The simple reality is that in order to stay ahead of their competitors, companies have to welcome Artificial Intelligence into their operations or more specifically Artificial Intelligence in Procurement, using the technology to make long and tedious processes easier for human... <a class="read-more" href="http://www.scmdojo.com/artificial-intelligence-procurement/">Continue reading</a><!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above via filter on get_the_excerpt --><!-- AddThis Share Buttons below via filter on get_the_excerpt --><div class="at-below-post-arch-page addthis_tool" data-url="http://www.scmdojo.com/artificial-intelligence-procurement/"></div><!-- AddThis Share Buttons generic via filter on get_the_excerpt -->

Distribution 1

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