Setup Cost

Setup cost (SUC) is the cost to setup (prepare or changeover) a machine or production line...

Purchase Order Cost (POC)

The purchase order cost (POC) is the cost of placing a purchase order from a...

Inventory Carrying Rate

The inventory carrying rate (ICR) is the percent of the unit inventory value used to...

Unit Values

The unit selling price (USP) for an item is the price paid per unit by a customer...

Tiềm năng của Internet of Things – báo cáo của McKinsey Glocal Institute

Nếu các nhà hoạch định chính sách và các doanh nghiệp đi đúng hướng, việc...

TMS sẽ trở thành ưu tiên hàng đầu của doanh nghiệp

Hiệu quả tích cực mà TMS (Hệ thống quản lý vận tải – Transportation management...

Lean

As a part of the National Science Foundation’s Japan Technology Evaluation Center I had the...

Inventory Optimization

An optimization statement is comprised of two components – an objective function and constraints. Isolated...

Merge-in-Transit

Merge-in-transit is a supply chain flow strategy made famous by Dell Computer. The basic merge-in-transit...

Bullwhip Effect

The “bullwhip effect” in supply chain management is a reference to the increase in the...

Push or Pull

There are two conceptual models for inventory management – push and pull. The push inventory...

Inventory Maturity

In a recent project with one of the world’s largest and most critical healthcare providers...

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