Special Report on
Managing inventory investment effectively
Managing inventory investment effectively - Trends
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The final estimate of fourth-quarter real GDP growth registered 5.6 percent, but was revised down from the second estimate of 5.9 percent. It was, nevertheless, substantially higher than the 2.2 percent pace recorded in the third quarter. To better understand the apparent strength in fourth quarter activity, it is instructive to split GDP into two basic components: final sales of gross domestic product and the change in private inventories. Because GDP measures the flow of output produced during a given quarter, the portion of product unsold at the close of the quarter is counted as an investment in inventories. Final sales ...
We are told that the constant increase in computer processing power (one version of Moore’s Law states that computing power/dollar doubles every 2 years) is changing the way the world, and supply chains, operate. This article looks at some of the ways the Internet and other computer enabled technologies have created ‘best practices’.The question for you is whether or not you are keeping up!1. Forecasting and Demand ManagementMany companies need to forecast customer demand because their lead-time to supply is longer than their customers will typically wait for products. The most ... Read More
SURVEY RESULTS FOR
MANAGING INVENTORY INVESTMENT EFFECTIVELY
Authors@Google: Bob Gilbreath
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