Archive for October 2017

Quick Tip: Supply and Demand

Finding Equilibrium Between Supply and Demand   How can we measure and track supply and demand? More importantly, how do we find equilibrium between the two?   Let’s start simple. Envision your company’s demand as the number of purchase orders you receive. This is the quantity consumers are willing to buy of your product based…

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Quick Tip: Cycle Counting

Cycle Counting – What is it and how can it help you maintain accurate inventory quantities?     Does this sound like you? When you need to count inventory, you perform a physical count and manually enter the count into an Excel spreadsheet or paper worksheet You often run out of inventory You sometimes order…

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