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May 27, 2020

supply chain in 3 minutes

Inventory Turnover in 3 minutes

Inventory turnover is a popular inventory management concept that is used to determine the overall efficiency of an entire supply chain. The ratio reflects the number of times inventory is replaced during a given period of time, and can give a useful indication of both trends and how well a company controls its merchandise. Numerically, it is calculated as the ratio between the cost of goods sold, divided by the cost price of the average stock level over the same time period.

Inventory Turnover in 3 minutes

Inventory turnover is a popular inventory management concept that is used to determine the overall efficiency of an entire supply chain. The ratio reflects the number of times inventory is replaced during a given period of time, and can give a useful indication of both trends and how well a company controls its merchandise. Numerically, it is calculated as the ratio between the cost of goods sold, divided by the cost price of the average stock level over the same time period.

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May 20, 2020

Decision First Supply Chains

Supply chains have historically been built with forecasting at their centre, with the actual decision making process left to the intuition and experience of senior staff. We explore the alternative approach of putting ‘decisions first’, and how this philosophy vastly improves the supply chain performance.

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May 13, 2020

Choosing your ERP

ERPs are misnomed. It should have been ERM standing for Enterprise Resource Management. It's a class of enterprise software that support many routine operations of a company. When it comes to choose an ERP, one must first understand the design and driving forces behind those products.

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May 6, 2020

Supply chain responses in a pandemic

Covid19 has unleashed havoc for supply chains worldwide. Supply chains have recovered fast, but most realize they could have done better. In this episode, we are joined by Cédric Hervet (Kardinal) and Stefan Gstettner (BCG), to discuss how supply chains can fair better during a pandemic crisis.

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Apr 29, 2020

Supplier Development

A competent and capable network of suppliers is a critical ingredient of the supply chain performance. In this episode, we are joined by Muddassir Ahmed (Regional Planning & Operations Manager at Bridgestone) to discuss how both parties can extract maximum value from these relationships and what companies can do to maintain and build solid relationships with their suppliers.

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Apr 22, 2020

Hard Luxury Store Assortment

The nature of the hard luxury market means that despite a growing online presence, the vast majority of purchases are still made in store. With sales reaching as low as one or two units per year, it can often be challenging to know what to display in stores and how best to capitalize upon a demand that is so sporadic. For this episode of LokadTV, we discuss this dilemma and learn what hard luxury stores can do to optimize their assortment.

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Apr 15, 2020

Hiring for Modern Supply Chains

As supply chains have never been so dependent on technology and, in particular, on software technologies, hiring talent is more pressing than ever. The working world is changing and it seems like candidates are now asking more and more of businesses. We're joined by Radu Palamariu, Managing Director of Alcott Global to discuss what modern companies can do to find and retain talent and how supply chains can recruit experts with the right skills.

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ABC Analysis in 3 minutes

ABC analysis is an inventory categorization method that provides a prioritization mechanism to concentrate efforts and resources on the items that matter most for a company.The method works by dividing items into categories based on their perceived importance and highlights the most frequently sold and consumed items so that resources can be allocated accordingly.

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Mar 31, 2020

Inventory Optimization for SMBs

Inventory optimization matters for small and medium companies (SMBs). The choice ranges between investing in costly enterprise software to taking on the challenge of doing it manually in-house. For this episode of LokadTV, we explore this dilemma and try to understand what SMBs can do to get the best out of their, sometimes limited, resources.

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Mar 25, 2020

Building Trust in a Supply Chain Network

As humans, trust is a complex emotion that can often take years to build. It's also a highly important factor in business, which can impact on everything from speed of innovation to the perceived wealth of a nation. For this episode of LokadTV, we discuss this topic with Sheri Hinish the 'Supply Chain Queen'.

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Mar 19, 2020

Tail Risks in Supply Chains

Tail risks are sudden, unexpected events and they often kill companies. Brexit, the Covid-19 outbreak and Iceland's volcanic eruption are a few recent examples. What can businesses, and more specifically supply chain planners, do to be prepared?

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Mar 11, 2020

Embracing Uncertainty in SCM

From demand to supply, and almost everything in between, there is a huge amount of uncertainty within supply chains. Traditionally, this can be managed using buffer stock, but there are often events that occur which can trip up even the most experienced of practitioners. For this episode of LokadTV, we're joined by Stefan de Kok to discuss why this uncertainty is not necessarily a hindrance but something that should be embraced.

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Mar 5, 2020

Overstocks in Fashion

Compared to other industries, most fashion brands have been lagging behind in technology, resulting in overstocks and large discounts. Jan Wilmking, ex-Zalando and ex-McKinsey, sheds light on the fashion industry, and how tech investments do improve the supply chain performance.

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