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Supply chain management, managing inventory

Inventory management is critical in both satisfying customer needs and controlling costs. Too much stock attracts costs such as additional insurance, damage and breakages costs and storage costs. Too little stock results in dissatisfied customers, lost sales and of...

2010 world cup, the supply chain management challenge

During the soccer World Cup the massive influx of visitors, estimated to be as much as 20 times that of the rugby world cup pose significant challenges to South Africa’s logistics and supply chain management industry. Apart from transporting these visitors to their...