Three Types of Supply Chain Analytics: Descriptive, Predictive, and Prescriptive
The three types of supply chain analytics are descriptive, predictive, and prescriptive. Each plays a crucial role in managing your inventory, and modern supply chain software allows you to leverage all three.
MAX-MIN or ROP – ROQ
Some people will say that it doesn’t really matter which you use, just as long as you understand the definitions and the pros and cons. However, in my experience it does matter and this is one aspect of spare parts inventory management that you really do need to get right.
The Seeds of Success in Lawn and Garden Retail
Don’t miss these six key areas lawn and garden retailers should evaluate before the spring season.
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The Seeds of Success in Lawn and Garden Retail
Don’t miss these six key areas lawn and garden retailers should evaluate before the spring season.
Common Sales Tax Mistakes Most Businesses Make
Here are some of the business's most frequent sales tax errors in firms and how tools like Epicor Tax Connect and Avalara can streamline compliance.
Field Notes from Acadia: Three Manufacturing Trends You Can’t Afford to Ignore
Here are the top three trends to focus on in 2025, along with a guide to how you can master them all if you’re successful at deploying standard work.
Three Types of Supply Chain Analytics: Descriptive, Predictive, and Prescriptive
The three types of supply chain analytics are descriptive, predictive, and prescriptive. Each plays a crucial role in managing your inventory, and modern supply chain software allows you to leverage all three.
MAX-MIN or ROP – ROQ
Some people will say that it doesn’t really matter which you use, just as long as you understand the definitions and the pros and cons. However, in my experience it does matter and this is one aspect of spare parts inventory management that you really do need to get right.
How to Streamline Your Logistics Process
Learn how to streamline your logistics processes using these seven actionable steps in our logistics optimization guide.