Executive Summary This is an introduction to the economic order quantity formula. We analyze Ford W. Harris’ original economic order quantity paper. We cover using the economic order quantity in production planning systems. Introduction Economic order quantity (EOQ) is one of the oldest formulas in inventory management. EOQ was first developed by an unlikely person…
Executive Summary MAPE, or Mean Absolute Percentage Error, is a method of forecast error calculation that removes negatives from the equation. The MAPE calculation must be weighed to obtain a view of the actual forecast error in relation to the overall forecast database. Introduction (Skip if You Watched the Video) MAPE, or Mean Absolute Percentage…
Executive Summary We compiled the worst SAP recruiter list from our experiences in the contract market. Why the list was created and what is our criteria. Introduction to the Worst SAP Recruiters List It is no secret that that SAP space, as with most other technology spaces, is filled to the brim with dodgy SAP…
Executive Summary This is an introduction to the EOQ calculator or EOQ formula calculator. We cover how to calculate Economic Order Quantity. We cover the Economic Order Quantity Calculator, EOQ Formula Calculator, and a Quantity Discount Model. Video Introduction: EOQ Calculator or EOQ Formula Calculator Text Introduction (Skip if You Watched the Video) Economic order quantity…
Executive Summary This is an introduction to reorder points and how to use the reorder level vs. the reorder quantity. The Brightwork ROP calculator sets a dynamic reorder point. Introduction Reorder points have essential details concerning their implementation in systems. A reorder point or reorder point planning has a great deal of flexibility in its application….
Executive Summary Who supply chain planning reports to versus who it should report to? The current problem is the time horizon orientation of supply chain planning. Introduction to Who Supply Chain Should Report I was recently asked where a potential newly created supply chain-planning department should report. Online you can find answers to the question…
Executive Summary Forecasting is typically performed at the finished good, but it can be performed at the assembly. To do so means understanding assembly to order planning and forecasting and knowing when assemble to order forecasting is appropriate. We cover where assemble to order planning is configured in SAP APO. Introduction to Assemble to Order…
Introduction These are the links that provide access to limited portions of the Small & Medium ERP software category of analytical products. The way the coupon works is that you will be asked to provide an email and password along with the coupon code when you select the first link below. After this initial “login”…
Introduction These are the links that provide access to limited portions of the Demand Planning software category of analytical products. The way the coupon works is that you will be asked to provide an email and password along with the coupon code when you select the first link below. After this initial “login” if you…
Introduction These are the links that provide access to limited portions of the Demand Planning software category of analytical products. The way the coupon works is that you will be asked to provide an email and password along with the coupon code when you select the first link below. After this initial “login” if you…