Developed by Toyota in the early 1970s and popularized by Dell in the 1990s, the just-in-time (JIT) supply chain methodology is used by many manufacturers across the world. The principle …
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inventory optimization
Inventory management is an integral part of running any business — a management system that isn’t optimized can damage efficiency and make it harder to complete orders. If you’re concerned …
- Inventory managementSupply Chain Management
How Can You Master EU Inventory and Supply Chain Optimization?
More and more European supply chain managers employ supply chain and inventory optimization to successfully differentiate themselves from their competitors, segmenting their businesses into product market combinations (PMCs) that require …
The pharmaceutical industry is facing great challenges caused by an aging population, the increasing cost of healthcare, pressure from governments to lower the price of drugs, barriers to entry in …
- Inventory management
The 3 must-haves for successful inventory management
by David Weaverby David WeaverOne man’s hobby is another man’s job… Earlier this year, Nik Wallenda successfully walked along a 2-inch-wide tightrope across the Grand Canyon, 1,500 feet above the ground amidst swirling 30 …