Tuesday, January 28, 2014

Big Data and Global Supply Chains

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After the NPR radio piece I brought up in class this past week, I became increasingly interested in how predictive analytics in the Big Dat...

The Tesco Turnaround

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Tesco is one of the largest retailers in UK. There was a substantial drop in  returns from capital employed (ROCE), due to operational...

Predictive Analytics: The frontier for Inventory Management

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To compete in today's global economy every company needs to rise against tougher competition, product devolution and changing consumer...

Walmart's empty shelves: (just) an understaffing problem?

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Back in 2009, I had the opportunity to do an internship at Walmart's offices in Central America. My experience with the company was top-...

Inventory Sampling – An efficient way to handle Inventory Shrinkage

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Inventory shrinkage may be a combination of employee theft, shoplifting, vendor fraud , administrative error or loss of inventory. This ha...

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The Importance of Visualizing Data for Inventory Control Throughout the readings for this week we were reminded of the importance of ...
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MRO Inventory

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I work in Procurement or more specifically ‘Spend Management’.  I’ve led over 100 sourcing projects where our team engaged a supply base fo...

This is why we can't have nice things

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                At its core, effective inventory management within a supply chain is about minimizing inefficiency.   Having every item...

Why is Walmart going where no retailer has gone before?

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After reading the article, " The Trouble Lurking on Walmart's shelves" I was quite surprised by their strategy of neglecting t...

Walmart: The chicken and egg problem of empty shelves and low sales

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The last leg in an inventory management system is getting the goods on the store shelves. Wal-Mart seems to have ignored the importance o...