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What Are Reorder Points and How to Calculate Them

Ship Monk

This article will explain what reorder points are and show you how to calculate them. How to Calculate a Reorder Point. How to Calculate Demand During Lead Time. Average lead time is 30 days, including manufacturing and shipping, and over the course of a year you sell an average of 29 units per day. Improving Data.

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Editor’s Choice: WMS Budget – Room for an Implementation?

Logistics Viewpoints

Today’s article comes from Eric Mcpherson at Open Sky Group and looks at a WMS budget and preparing for implementation. For example, monthly subscription fees, any software support charges, and data migration fees. To read the full article, click HERE. Calculate software costs – Consider the price of the software solution.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. If university study is a little beyond you right now, one of the certification courses might work better for you.

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How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! In answering that question, we’re not going to provide you with a list of possible supply chain KPIs to use in your business—at least, not in this article. You’re in a good place.

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How to Benchmark Your Supply Chain

Logistics Bureau

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. This is a question that frustrates businesses if they only have data that is anecdotal and subjective, and lack the quantitative hard data that really tells them what’s going on. Good Data is Key to Success with SCOR.

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How to Benchmark Your Supply Chain

Logistics Bureau

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. This is a question that frustrates businesses if they only have data that is anecdotal and subjective, and lack the quantitative hard data that really tells them what’s going on. Good Data is Key to Success with SCOR.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

With that question answered, I’m giving the rest of this article over to highlighting several business and supply chain issues, which, if you are experiencing them in your enterprise, are potent indications that CTS analysis should be on your agenda —for execution at the soonest.