Supply Chain: The Beer Game The MBA Beer Game is a simulation game that is often used in business schools to teach students about supply chain management and the importance of communication in the...
Introduction Welcome to Your Guide to Procurement! This guide is designed to provide you with an overview of the procurement process and the various steps involved. We will cover topics such as the different...
Introduction Inventory is a critical component of any supply chain. It is the lifeblood of the supply chain, providing the necessary resources to meet customer demand. Understanding and optimizing inventory in supply chains is...
Top 10 Forklift Accidents Any forklift accident can be extremely dangerous because of the size and nature of the machine. Forklift accidents can be extremely dangerous and even fatal. Here are some reasons why:...
Introduction “Creating a Sustainable Future: Optimizing Supply Chain for Maximum Environmental Impact.” Supply chain sustainability and environmental impact are two of the most important topics in the modern business world. As businesses become increasingly...
Forklift Accidents – Funny but not funny. There are several ways to stay safe when driving a forklift, including: By following these safety guidelines, you can help ensure a safe and incident-free environment while...
Managing inventory flows in the supply chain is a crucial aspect of running an efficient and effective business. The goal is to balance the need for product availability with the costs associated with holding...
Calculating Safety Stock Safety stock is a buffer of inventory that a company keeps on hand to ensure that it can meet customer demand even if there are unexpected disruptions or fluctuations in demand....
Procurement and Purchasing Training. Procurement is a critical function in the supply chain, and there are several key things that procurement professionals should know in order to be successful: Overall, procurement professionals need to...
Automated Storage and Retrieval System (ASRS) An Automated Storage and Retrieval System (ASRS) warehouse is a type of warehouse management system that uses automated equipment to store, retrieve, and move materials within a warehouse....
