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what are chain management tools?

chain tools
verranbrett asked:

economics

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One Comment

  1. Jurij-EU says:

    1) Control of events;
    2) Management of information flows
    3) IT support (for life-stock updates)
    4) Stock in/Stock out monitoring
    5) Obsolescence/Surplus management
    6) GPS systems (to control cargo delivery)
    7) Just-in-time methods 8) Liquidity management
    9) Inventories planning (Baumol model, Economic order quantity model, etc.)
    10) Cost control
    11) Risk control
    12) Reserve stock management
    13) Shortages control/management/monitoring
    14) Damaged goods/cargo control
    15) Good current asset manager
    16) Optimal delivery-path methods
    17) Right order quantities (taking into account volume-purchase discounts, etc.)
    18) Knowing demand dynamics for goods (including seasonal fluctuations and business-cycle stage)
    19) Knowing your market including competitors reaction scenarios + macro-level risks for longer-runs.
    20) Currency exchange-rates monitoring.
    21) Good accounting system
    22) Insurance support
    23) etc…

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