article thumbnail

How to Get a Job in the Supply Chain Sector

Logistics Bureau

Certified Supply Chain Professional : Learn how to develop streamlined supply chain operations. Look out for industry-type events in your area, as these provide an opportunity for you to meet lots of people. And don’t be afraid to ask their advice on how to start out in the industry. Networking. Manage inventory levels.

article thumbnail

Bill of Materials Inventory management: How to improve BOM forecasting and planning

EazyStock

By connecting EazyStock to your ERP or MRP, it can calculate the demand forecasts for every item in a BOM, exploding them down from the finished item to the smallest nut and bolt. With an accurate bill of materials, stock levels can be optimized, so stock is carried to meet forecasted demand with a deliberate level of safety stock as back-up.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

A Guide to the Benefits of a Bill of Materials (BOM)

EazyStock

A MBOM also includes information on the individual items, how they relate to each other and instructions on how to assemble them during the production process. Sometimes a SBOM will also include information on how to carry out the service job. Read our post “ How to improve BOM forecasting and planning ” for more information.

article thumbnail

Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

GlobalTranz

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. These are based on my 40 years working in operations at Schwinn and other companies as well as consulting many companies on how to select the best 3PL for my client's needs. Waiting : Waiting for meetings is a waste of time.