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Inventory Management Supply Chain

Mar 16, 2023

Using Spend Analysis to Understand Supply Chain Risks

A comprehensive understanding of spending patterns in the business is a function of the enterprise’s ability to capture data in a meaningful way.  The importance of conducting a thorough analysis… 

Jan 22, 2023

“All You Need Is Love”: Unpacking the book “Flow: How The Best Supply Chains Thrive”

A Guest Blog by Rajinder Bhandal Ph.D., University of Leeds My colleague Rajinder provides a thoughtful commentary on our most recent book publication: Flow: How The Best Supply Chains Thrive,… 

Nov 6, 2021

Human-machine Tradeoffs in Supply Chain Decisions (and the LA Port)

The current set of supply chain disruptions is bringing increased focus on the need for digital transformation of our supply chains.  Nowhere is digital transformation needed more than the Los… 

Sep 7, 2019

Physician Preference Cards: The Key to Hospital Low Inventory Utilization and Waste

Almost every hospital or IDN faces significant challenges in managing their operating room inventory, which can be traced to a simple concept:  utilization.  Utilization is simply a ratio of the… 

May 29, 2018

The Lowly Wooden Pallet is a Critical Conveyance in the Supply Chain

In a recent interview, discussions with Patrick Atagi, VP for Advocacy & External Affairs at the National Wooden Pallet and Contain Association (NWPCA)  helped to educate me on just how… 

Apr 9, 2018

Excess and Obsolete Inventory: An Outcome of a Series of Unfortunate Events!

Inventory continues to be a problem for many companies.   In particular, inventory that is considered “Excess and Obsolete” often accumulates and has to be dealt with – often at the end… 

Nov 19, 2013

Trends and Strategies in Logistics and Supply Chain Management: An Interview with Robert Handfield

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Jul 30, 2013

The Evolution of Supply Management, Q&A with Dave Nelson

Questions and Answers on the Evolution of Supply Management with Dave Nelson Rob Handfield (Co-Director of SCRC): Well, we’re here today at the SCRC Meeting, meeting here with Dave Nelson.… 

Feb 3, 2011

Introduction: Inventory Management Models : A Tutorial

INTRODUCTION Learning Objectives Tutorial Outline Learning Objectives By then end of this module, you will be able to: Describe the functions and drivers of inventory. Distinguish between independent demand and… 

Feb 2, 2011

SUMMARY: Inventory Management Models : A Tutorial

SUMMARY Inventory serves a useful purpose in the supply chain. That said, firms can help minimize the need for inventory by carefully managing those factors that drive inventory levels up.…