The Bee Hive
Supply Chain Management
Latest Content

Inventory Metrics - Inventory Turns Or Days Supply? - 405 days ago
The motive for inventory performance metrics like inventory turnover and inventory days of supply is to know how much inventory is on hand and to help us decide if that amount is right for our business. That information is useful for finance so that it.. Topics: a, adjusting, aggregate, an, and, annual, assembly dependent, calculated, cost, days, demand, dollar, dollars, end of year, figure, goods, historical, inventory, inventory days, Inventory Management, inverted, inverting, investment, less than desired, methods, more than desired, planning, project, service, sold average, the, total, turnover, turnover and, view, yielding


MRP Does Work … A Real Story - 425 days ago
Several years ago, an electronics original equipment manufacturer company hired me to salvage its investment in an MRP system. The company had recently been awarded a large contract on the condition it follow an aggressive timetable for the product... Topics: annual, buyer, code, dropped, entered, held, informed, Inventory Management, launch after, load, loaded, my, numbers, office, operator, planner, product, properly perhaps, replied, shift, shutdown, the, waiting, wrong

Cycle Counting - What Really Counts? - 435 days ago
Traditional measures of accuracy can be a double-edged sword. While their objective is to confirm cost or inventory accuracy, these methods often serve as a disincentive by inadvertently discouraging an all-out effort to find and eliminate the real root.. Topics: a, accuracy, accuracy finding, based, causes to, companies, corrected 100, counting, cycle counting, effectiveness traditionally, improving, inaccuracy, inaccuracy improving, inaccuracy with, inaccurate, inventory, Inventory Management, judge, maximize, measure, parts, permanently, process, program, reduction, targetted, the, traditional, Warehouse Management







