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APICS CEO Abe Eshkenazi, CSCP, CPA, CAE, offers his viewpoint on supply chain and the latest APICS news.
Letters to the readers of APICS magazine from Senior Managing Editor Elizabeth Rennie and other members of the editorial staff
The official APICS blog features insights, analyses and ideas from experts and APICS leaders to help advance supply chains.
Each week, APICS CEO Abe Eshkenazi, CSCP, CPA, CAE, offers insights into global news and shares his exclusive commentary connecting current events with supply chain topics.
Subscribe to this weekly e-newsletter.
APICS research cuts through the clutter and brings you critical ideas and innovations in supply chain management, best practices, how-to steps, and practical advice that give you and your organization a competitive advantage.
“Supply Chain Management: Beyond the Horizon” is an industry-focused initiative with research and educational components. The research was conducted by Michigan State University in conjunction with APICS.
Transportation Journal is an APICS academic journal devoted to presenting new knowledge about the supply chain, logistics and transportation fields.
APICS, through a partnership with The Manufacturing Institute, explores how manufacturing and supply chain can attract, retain and advance women.
Inventory analysis techniques enable a business to manage the trade-off between having too much and not enough inventory on hand. The level of inventory held for independent demand items generally can be estimated by knowing how often inventory is replenished and how much safety stock is held. Cycle stock is the average amount of inventory held due to the periodic replenishment of inventory. Safety stock is the amount of extra inventory kept to reduce the risk of stockout. (See section 5.2.1.)
These are metrics that describe how quickly inventory moves through the organization and through the supply chain. They help manage inventory balances from period to period and assess the impact inventory has on financial statements and customer service.
This metric is measured in terms of days and describes how long the company or supply chain takes to recover the expenses incurred when buying material, paying labor costs, or otherwise incurring overhead.
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