June 2, 2022
The risks of the Min/Max inventory policy
The Min/Max inventory policy is one way to address the dilemma between maintaining…
April 14, 2022
Stockout Cost and Impacts on Operations
Stockout Costs can hurt your profit and damage your business. learn what they are and…
April 13, 2022
Procurement Terms you need to know
Procurement terms you need to know. Understand the terminology is important to understand business. Learn…
April 1, 2022
Tail Spend: What it is and how to manage?
Tail Spend is the cost of purchases that take most of the transactions of a…
March 31, 2022
What is Slow-Moving Inventory? How can you identify it?
Slow-moving inventory can prevent cash-flow and occupy space on warehouse that could be used for…
March 23, 2022
Relevant Costs: How they impact operations?
Relevant Costs are the changes in costs that happen when you make a decision for…
March 16, 2022
Purchasing Planning: How to develop your strategy
Purchasing planning is a good way to increase efficiency and profitability in your company. Learn…
February 25, 2022
How to reduce Lead Time?
Reduce lead time to improve profitability and efficiency, see the steps for making your supply…
February 24, 2022
What is PCP? How to do it?
PCP stands for Production, Control and Planning and is responsible for managing the whole operation.…
