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Cost of Carrying Inventory – Yes it costs money
Posted by [email protected] on May. 9, 2018 / Supply Chain Corner / Subscribe 0
Are you controlling your inventory costs and operations? Really? Take a look at some of the industry data and then consider how well we're really doing.
Read MoreRisk Mitigation Planning and Creating Sustainable Risk Management Process
Posted by [email protected] on May. 9, 2018 / Supply Chain Corner / Subscribe 0
Risk management is too often handled as a "One and Done" exercise. Practical plans have to be "living" updated, tested and practiced to be effective. Here we'll discuss some techniques to help your process become more sustainable.
Read MoreIs Expected Monetary Value (EVM) Enough when Evaluating the Impact of Risk?
Posted by [email protected] on May. 9, 2018 / Supply Chain Corner / Subscribe 0
When evaluating how much money, time, and energy to put into risk mitigation for a given potential event is simple Expected Monetary Value falls short in many cases. Here we'll explore some additional options to include.
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