EOQ Formula with examples in Excel (Economic Order Quantity for Inventory Management) скачать в хорошем качестве

EOQ Formula with examples in Excel (Economic Order Quantity for Inventory Management)

Download the EOQ Excel Calculator: https://abcsupplychain.com/download-w... Join my Supply Chain Management Workshops (free): https://abcsupplychain.com/free-suppl... ▬▬▬▬▬▬▬▬▬▬▬▬▬▬ DESCRIPTION ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ How much and how often should I order my stock? 📦 🤷‍♂️ These simple questions can have dramatic consequences on the profit & cash flow of your company ⚠️ 💥 However, I can still see 2 common mistakes: 1) Underestimating the inventory & holding costs 💰: cost of money, storage, insurance, inventory gap, theft, promotion, destruction... Buying more to optimize your purchasing price or fill your container is not always profitable in the long run 📉 2) Underestimating the transaction costs 🥵: Too many small orders, too much work, emails, follow-up, inspection, storage, payment, issues... In this new step-by-step video tutorial, I explain: 👉 Calculate the Holding & Inventory Costs 👉 Calculate your Transaction costs per order 👉 Use the Economic Order Quantity (EOQ) formula to find the balance point ⚖️ 👉 Example with NIKE shoes 👟 in EXCEL that you can download below the video :-) 👉 What are the limitations of the EOQ method 👉 How to combine EOQ with Safety Stock 👉 The action plan to start optimizing your inventory TODAY 🚀 And let me know in the comments, what you think of the EOQ method and its limitations. Enjoy my tutorial ! Edouard Thieuleux ▬▬▬▬▬▬▬▬▬▬▬ CHAPTERS ▬▬▬▬▬▬▬▬▬▬▬▬ Economic Order Quantity Calculation: 00:00 EOQ Introduction 00:46 Wilson formula: background 01:24 EOQ formula: meaning and definition 02:13 Demand (forecast) 02:31 Holding Costs 03:57 Transaction Costs 05:24 EOQ calculation and Order Frequency 6:45 EOQ in Excel with examples (full tutorial) 9:19 Limits of the EOQ formula 11:21 EOQ, Reorder Point and Safety Stock 12:03 EOQ for Inventory Management: Action Plan #supplychain #inventorymanagement #eoq