Inventory policy is built on the Inventory structure

Roger OakdenLogistics Management, Logistics Planning, Procurement, Supply Chains & Supply Networks

Inventory balances supply and demand - Part 2

Building the inventory profile. Structuring inventory provides the means to establish an inventory policy for your organisation – based on facts, rather than opinions. The inventory policy is the basis for calculating the amount of inventory the organisation needs to service its customers. An inventory policy allows the CEO and accountant to work with a calculated level of inventory, so … Read More

Inventory is your critical buffer in supply chains

Roger OakdenLogistics Management, Logistics Planning, Procurement, Supply Chains & Supply Networks

Inventory balances supply and demand - Part 1

Inventory balances sales and supply. To become more competitive, management continue to make their organisations more efficient. But this has made their Supply Chains more complex. These competitive initiatives have ranged across: increased item (SKU) numbers, additional sales channels, quicker delivery times, outsourcing, global sourcing and low cost country sourcing. As complexity has increased, the processes and IT applications used to … Read More

Collaboration in Supply Chains – hard to be successful

Roger OakdenLogistics Planning, Procurement, Supply Chains & Supply Networks

Collaboration in Supply Chains

Sales margins under pressure. Retail shopping power is now said to lay with the consumer using their mobile phone. However, it is the retailer and on-line merchant that dictate the channels available and the price per channel. Will the full cost of Internet shopping be charged to consumers? Studies have estimated the total cost of the ‘consumer click and retailer … Read More

Consumer-centric networks – the next supply chains

Roger OakdenGlobal Logistics, Procurement, Supply Chains & Supply Networks

Consumer centric

A new ‘buzz’. Over the last eighteen months, the term ‘consumer-centric network’ has been used by some commentators and consultancies. So, what is new, because whenever there is competition for sales of an item or service, the customers’ needs should be taken into account. The explanation is that in current value and supply chains, the consumer is positioned at the … Read More