Principles of Supply Chain and Operations Management
Common Types of Business Relationships
Common Types of Business Relationships When acquiring goods or services there are many types of business relationships. Which relationship to use can be driven by many factors: Cost Number of suppliers Your company’s willingness to invest time and resources in...
Center of Gravity Technique for Locating a Distribution Center
When deciding on the location of a facility there are a large number of factors that must be considered: Access to transportation Access to a labor pool Power and Communications Labor Rates Capital Costs Taxes To name a few. One major consideration is operating costs...
Scheduling of Operations for High Throughput and Utilization.
Shop scheduling is one of the most important and most challenging things we do. The best master plans can be for naught if the execution side of the business cannot get things done on time. In this example, we’ll apply the Theory of Constraints thinking to optimize...
Available to Promise Inventory Calculations
AVAILABLE TO PROMISE INVENTORY CALCULATIONS By Peter J Blok, Ph.D. CSCP, CLTD, CPIM, LSSMBB, PMP, APICS Master Instructor. Available to Promise (ATP) is a tool used to show the inventory that is not reserved for existing customer orders and, as such, is available...