The most important metrics to business owners and investors are the money metrics. Read on to learn more about how Net Profit, Cash Flow, and ROCE affect those working in supply chain and operations management.
Influencing the demand behavior of customers (external demand management) means influencing when and how customers place their orders for your
Read on to learn more about the 11 causes of capacity variability for businesses to take into account when capacity modeling.
Understanding, anticipating and reducing demand variability is a key role of supply chain management. Variation in demand can significantly
What is demand forecasting, and why do we need it? What are some demand forecasting methods to use? Read on to learn more.
Almost every organization delivering a product or service sits within a supply chain of other organizations. Whilst we typically focus
Having too much inventory ultimately leads to increased inventory costs (holding and operational costs) and longer lead times for customers.
The Kingman Law is a mathematical relationship from queueing theory, applicable to systems with capacity and demand, using in capacity management.
Design capacity vs effective capacity: read on to learn more about the causes of lost time in capacity planning.
Unravel the concepts of design capacity and effective capacity, essential metrics in operations management. Learn how theoretical ideals differ from real-world constraints and explore the factors influencing productive output.
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