A Case for SKU Management: The Implications of SKU Proliferation

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cours - matière potentielle : action

Page 1 A Case for SKU Management: The Implications of SKU Proliferation You're being pushed to add SKUs or hold on to obsolete or non-moving inventory. But how do you communicate the full implications of holding and handling those additional items to your entire organization? You may get additional sales, but what does that cost you in carrying expenses, capital equipment, customer service, additional cube and strained capacity? This article will help you understand the total impact of SKU proliferation so you can make a case for what to do with all those SKUs.

skus by velocity
utilization of forward pick
pick faces
fortna
skus
wave by wave basis
implications of sku
storage media
inventory
strategy

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irra0

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Leading, Governing and Managing Enterprising Universities Case Study: Commercialisation and the Flexible Credit Framework Background KeyLearning Points case study focuses on the University Thisdelivery of the Flexible Credit The of Hertfordshire’s approach toFramework can support local businesses commercialisation and the role of theand organisations to become more Accreditation Unit in supporting the deliveryinnovative and competitive via opportunities for training.of the Flexible Credit Framework. a leading businessfacing University, As Hertfordshire places great emphasis on Theprocess of accreditation is often a ‘talking the language of business’steep learning curve for businesses., with each course at the Institution developedHowever, accreditation is increasingly a with input from employers.requirement of tenders for training The University’s approachsupports highprovision. levels of enterprise and engagement with the community. For example, staff are Asuccessful approach to encouraged to spend a proportion of theircommercialisation requires not only the time undertaking professional developmentability to ‘talk the language of business’ activity, promoting a solutionorientated andbut to also have the appropriate businesslike approach.processes and mechanisms in place to ire’sapproach t Hertfordshits implementation.o support commercialisation yields significantfinancial benefits for the Institution. Just 25% of turnover is derived from HEFCE funding, with the majority from the University’s commercial companies operated through its trading arm UH Ventures. This includes its local business support agency, Exemplas, which jointly runs Business Link East of England and Business Link for Yorkshire. Summary “Universities play a key role in sustaining the economic prosperity of the United Kingdom. There is a growing recognition amongst key decision makers, in the UK Government and beyond, that we need a new generation of universities, of businessfacing universities, to step up to the economic challenges faced by the UK in increasingly global markets”. (University of Hertfordshire, 2011).The University of Hertfordshire has positioned itself as a leading businessfacing University, based around an innovative and enterprising mindset. In 2007, the businessfacing model was progressed through a £4.2m HEFCE funded project, UHEvolution, aimed at driving employer engagement and accelerating the implementation of the Institution’sStrategic Plan (20072012).The project led to investment in a package of support activities including ‘hot housing’ new solutions to business problems (UHInnovative Solutions) and embedding a businessfacing culture amongst staff (UHMindset).

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