by Don Lindsey After an organization has been doing business for several years, it tends to multiply things in its ERP framework. As raw materials and intermediate subassemblies expand, there is also a duplication of item numbers that creep into the system. Mergers and acquisitions can also contribute to this SKU (stock-keeping units) glut. It […]
Tags: cannibalization, categorization, consumption, cost, demand, discontinuance, ERP Data, inventory cost, Inventory Reduction, process, production cost, Rationalization, SKU, turnover, warehouse organization
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by Don Lindsey In the processing of modern supply chains, your organization must pay particular attention to the cost of ensuring the quality of its products. Revenue will suffer if poor product quality damages your organization’s reputation. The Cost of Quality Cost of Quality (CoQ) is a robust way to quantify the total cost of […]
Tags: Appraisal Cost, CoQ, Cost of Good Quality, Cost of Poor Quality, Cost of Quality, External Failure, Internal Failure, Prevention Cost
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