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Complex vs. simple expiry modelling in supply chain planning

from The 21st Century Supply Chain

Expiry planning adds a whole new dimension to the supply chain planning and simulation process, but in those industries where expiry (or best before) is part of their manufacturing and distribution process (pharma, food, med devices among others), the ability to generate production plans that take into account expiry is absolutely vital to creating a realistic plan. Most ERP systems support expiry on some level, usually from a transactional point of view (what I will call simple expiry). more

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