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Supply
Chain by the Numbers: Week of August 27, 2009 |
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-August 27, 2009
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The Supply Chain and Logistics Numbers Worth Knowing This Week: Toyota - "Moving Forward" by Scaling Back, New LG Factory Makes "Life Good" in China, Farouk Systems Moving to Houston while the Iron is Hot, RFID and Apparel - a Perfect Marriage
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$2.50
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The approximate incremental increase in per unit manufacturing costs that Farouk Systems, maker of the CHI hair iron, says it will incur by moving production back from China to a large new factory in Houston. The company’s high-end products retail for about $150.00. The company hopes to counter the cost increase through improved inventory management and customer responsiveness.
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27%
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The improvement in “perfect” in-store inventory counts versus what the store’s perpetual inventory system said in an RFID-enabled apparel area at a Bloomingdale’s department store, according to new research by the University of Arkansas.
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