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Author: evocurement

Safety Stock Explained

Safety Stock Explained

Safety stock is an important and interesting concept in inventory management. However, not every procurement professionals can explain this concept clearly. Some mistake safety stock level with reorder level. Even CIPS Study guide L4M7 does not provide any formula to calculate or at least estimate the quantity of safety stock. Fortunately, the resources on Internet are plenty and free. We have done some research and in this post, we will explain the use of safety stock, formulas to calculate the…

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Materials Handling Equipment – Part 6

Materials Handling Equipment – Part 6

The term ‘material handling equipment’ is relatively familiar with people working in warehouse areas. It encompasses a diverse range of vehicles, tools and storage equipments. Typically, a warehouse is used to store items, and then move them to where they are needed. The easier it is to move items, the more efficient your warehouse can be. To increase efficiency, you need to have the right tools for the job – it will make your employee’s lives easier, and cut down…

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Materials Handling Equipment – Part 5

Materials Handling Equipment – Part 5

The term ‘material handling equipment’ is relatively familiar with people working in warehouse areas. It encompasses a diverse range of vehicles, tools and storage equipments. Typically, a warehouse is used to store items, and then move them to where they are needed. The easier it is to move items, the more efficient your warehouse can be. To increase efficiency, you need to have the right tools for the job – it will make your employee’s lives easier, and cut down…

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Materials Handling Equipment – Part 4

Materials Handling Equipment – Part 4

The term ‘material handling equipment’ is relatively familiar with people working in warehouse areas. It encompasses a diverse range of vehicles, tools and storage equipments. Typically, a warehouse is used to store items, and then move them to where they are needed. The easier it is to move items, the more efficient your warehouse can be. To increase efficiency, you need to have the right tools for the job – it will make your employee’s lives easier, and cut down…

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Materials Handling Equipment – Part 3

Materials Handling Equipment – Part 3

The term ‘material handling equipment’ is relatively familiar with people working in warehouse areas. It encompasses a diverse range of vehicles, tools and storage equipments. Typically, a warehouse is used to store items, and then move them to where they are needed. The easier it is to move items, the more efficient your warehouse can be. To increase efficiency, you need to have the right tools for the job – it will make your employee’s lives easier, and cut down…

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Materials Handling Equipment – Part 2

Materials Handling Equipment – Part 2

The term ‘material handling equipment’ is relatively familiar with people working in warehouse areas. It encompasses a diverse range of vehicles, tools and storage equipments. Typically, a warehouse is used to store items, and then move them to where they are needed. The easier it is to move items, the more efficient your warehouse can be. To increase efficiency, you need to have the right tools for the job – it will make your employee’s lives easier, and cut down…

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Material Handling Equipment – Part 1

Material Handling Equipment – Part 1

The term ‘material handling equipment’ is relatively familiar with people working in warehouse areas. It encompasses a diverse range of vehicles, tools and storage equipments. Typically, a warehouse is used to store items, and then move them to where they are needed. The easier it is to move items, the more efficient your warehouse can be. To increase efficiency, you need to have the right tools for the job – it will make your employee’s lives easier, and cut down…

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Non-traditional warehouse layouts

Non-traditional warehouse layouts

If you ever work in a warehouse, definitely you have been familiar with U-flow or through-flow layout. These two layouts may sound different, but they are designed based on one assumption: The traditional arrangement of racks (where racks must be parallel with each other, and if possible, the cross aisle should cut the aisles between racks at right angle) is the most effective. Figure 1: The traditional layout (Source: Kevin Gue’s blog)By common sense, some people might think that this…

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Effective communications with internal stakeholders

Effective communications with internal stakeholders

Having positive relationships with stakeholders is just a beginning. The real objective here is getting work done by facilitating the information flow between stakeholders and procurement. The information is exchanged voluntarily, even when an organisation forces its people to dutifully exchange the information with other co-workers, some can still withhold for their own sake. Good relationships with stakeholders will reduce the motivation for withholding the information and increase the collaboration. Still, the procurement professional should know how to communicate effectively…

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Building relationships with internal stakeholder

Building relationships with internal stakeholder

Managing stakeholders is an important part of procurement. Though the role is sometimes called buyer, a procurement professional rarely use company budget to buy for procurement own needs, but for the needs of other departments. Having good relationships with other stakeholders will facilitate the communications between procurement and user departments, thus accelerate the workflow and help the organisation achieve its objectives. Relationship building process is sometimes complex as different persons prefer different approaches. If you are starting new role as…

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