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Some thoughts on Safety Stock

Safety stock is normally required by companies to ensure that they have sufficient quantities of material in stock. The safety stock is there to provide coverage for unexpected customer demand, damage in the warehouse or required due to quality issues found in production. However, there are situations where companies …

Dabbawalla = Supply Chain Accuracy

The word “Dabbawalla” translates to dabba = lunch box, and walla = man or the ‘lunch box man’. It is a 125 year old trade formed by a unique and incredible network of 5,000 men with the complex task of delivering 200,000 homemade lunches each day from suburban homes …

What is an “EDI” Provider?

WHAT IS AN EDI PROVIDER? This is a common question asked by companies who are looking for an organization to manage or provide all or a portion of an EDI solution. In its most basic form, an EDI Provider should be able to connect to your trading partner on …

Retail Math Formulas We Keep Coming Back To

Each of the components required for the use of retail math are carried in within EDI documents traded between retailer and manufacturer (Supplier) with few exceptions.  While there is some argument within industry segments as to terminology and formulas – these are common.

Average Inventory
Average Inventory (Month) = (Beginning of …

ASNs: Predictive or Definitive?

You have to love the dynamics in the ASN. You should recognize the one(s) you use and recognizing it probably don’t give it a second thought.

For those who don’t know, the 856 Advance Ship Notice (ASN) is used to notify your customer how you packed and shipped their order. …

Reverse Logistics

Logistics could be defined by many as: The process of planning, implementing, and controlling the Efficient, cost effective flow of materials, in-process inventory, finished goods and related information from the point of origin to the point of consumption for the purpose of meeting customer requirements.  Reverse logistics includes all …

UN/EDIFACT Documents

In 1986, the United Nations Economic Commission for Europe (UN/ECE) approved the acronym “UN/EDIFACT,” which translates to United Nations Electronic Data Interchange for Administration, Commerce and Transport. UN/EDIFACT is an international EDI standard designed to meet the needs of both government and private industry.

 

270-A1 Eligibility, Coverage or Benefit …