Compare and contrast the concepts of order-to-cash cycle time and order cycle time.
Answer to relevant QuestionsExplain the impacts of order cycle time length and variability on both buyers and sellers. Explain why inventory costs and inventory levels have declined relative to GDP over the last 20 years. Is this beneficial to the economy? Why or why not? Why is it usually more difficult to determine the cost of lost sales for finished goods than it is for raw materials inventories? Discuss the primary considerations and issues that must be factored into modal and carrier selection. The trend in private distribution is to use fewer but larger facilities in the network. Discuss the underlying economic rationale for this strategic shift in the number and size of private facilities.
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