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Calculate total costs

Calculate total costs: Implementing Supply Chain Management
Calculate total costs: Implementing Supply Chain Management

Most supply chains can be broken down into procurement costs, transportation costs, inventory costs, and manufacturing costs. In each of these categories there are simple techniques for reducing costs, but you need to ensure that you aren't creating additional costs in another category. For example, you can reduce purchasing costs by purchasing in larger quantities, but this will increase your inventory costs. So these decisions need to be made using a total supply chain cost approach.

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Skill Level Intermediate
1h 25m
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Skills covered in this course
Business Business Skills Marketing

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