A carrier takes three weeks to deliver a product which has average sales of 1,000 units per week. The unit cost is $20 each and the carrying cost is 15%. What is the savings in the transportation inventory cost if management decides to change the mode of transportation to decrease time to one week?

Procurement professionals are focused on the total cost of ownership (TCO) in their vendor selection strategies. This implies that:

Compared to a centralized distribution network strategy, an organization using a decentralized distribution network strategy can usually expect:

A company is considering implementing collaborative planning, forecasting, and replenishment (CPFR). Which of the following statements best reflects one of the objectives of CPFR?

An organization wanting to improve the management of resources and exceptions across the supply chain should focus on enhancing: