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Sedat Onat
Oct 20, 20232 min read
Consignment Stock
Consignment Stock is an element of Stock Management used to optimize stock costs, where payment is made when the goods are used rather than
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Sedat Onat
Oct 18, 20233 min read
VMI - Vendor Managed Inventory
VMI – Vendor Managed Inventory is an inventory management model in which the supplier directly manages the customer's inventory.
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Sedat Onat
Oct 4, 20231 min read
Safety Stock
Safety Stock is a type of extra stock held in situations where regular uncertainty in the supply of goods is likely to lead to risks.
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Sedat Onat
Apr 14, 20232 min read
Bullwhip Effect / Forrester Effect (Whiplash, Whipsaw)
It is the fluctuation caused by the coordination problems of the stakeholders within the Supply Chain. MIT Sloan School of Management Lectur
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Sedat Onat
Apr 14, 20231 min read
GLN – Global Location Number
The GLN (Global Location Number), which is mostly used in E-Commerce and Pharmacies, indicates the legal entity of the related party.
While
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Sedat Onat
Apr 14, 20232 min read
UNSPSC - United Nations Standard Product and Service Code
It is a Classification Code, not an Identification Code.
It is a multisector standard
Consists of 2 digits x 4 scatter = 8 digit coding (+ O
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Sedat Onat
Apr 14, 20231 min read
Cross Docking
To shorten the delivery time, products from suppliers X, Y, and Z are combined as XYZ on a buyer basis without taking them into stock. It is
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Sedat Onat
Apr 14, 20231 min read
KanBan Card
The Kanban Card, a transparent and efficient visual card system that does not need software and has become the backbone of inventory managem
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Sedat Onat
Apr 14, 20231 min read
SKU - Stock Keeping Unit
Inventory Code, the backbone of Inventory Management, is a unique material identification tool consisting of AlphaNumeric characters, create
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