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Supplier Selection

Home Inventory vs. Material Costs Product Variety and Commonality Supplier Selection Supplier Selection Evaluate the impacts of supplier perfomance on inventory and material costs Skip the intro, take me to the Calculator Supplier Selection Scenarios When designing a new product, several levels of supplier selection decisions must be made. First, the organization must decide whether […]

Product Variety and Commonality

Home Inventory vs. Material Costs Product Variety and Commonality Supplier Selection Marketing Drivers of Product Variety Estimate the inventory benefits of using part commonality to achieve product variety Skip the intro, take me to the Calculator Marketing Drivers of Product Variety In many industries, customers demand highly customized products to meet their individualized needs. Companies […]

Design for Supply Chain: Inventory Calculators

Inventory vs. Material Costs Product Variety and Commonality Supplier Selection Sixty to eighty percent of all costs are locked-in during the design phase. Are you considering the supply chain impacts of your product designs, or do inventory, manufacturing, and transportation costs come back to bite you? Most design for supply chain (DFSC) decisions slow to […]

Inventory vs. Material Costs

Home Inventory vs. Material Costs Product Variety and Commonality Supplier Selection Inventory vs. Material Costs Quickly decide whether the relative costs justify any further analysis Skip the intro, take me to the Calculator Inventory Primer People often refer to three types of inventory: pipeline inventory, cycle stock inventory, and safety stock inventory. Pipeline is the […]