Last week, I went on a fascinating tour of the L.A. Times operations. It was quite impressive - and massive. Did you know the L.A. Times has has the largest operation in the U.S.? They print for the Wall Street Journal, USA Today and others in addition to the L.A. Times.
The most common inventory accuracy pitfalls stem from minor problems but will snowball into bigger headaches if the root causes aren’t caught and resolved.
Have you ever thought about how easy it is to uncover process opportunities? Most executives tell me 'no' as it seems much harder than it is most of the time yet they are very interested in these opportunities to improve their business.
Are you keeping close tabs on your inventory management practices? Improving just one aspect of your inventory can lead to improved service, margins and cash flow.
When it comes to B and C items, seasonal items and other trending patterns, understanding the demand plan isn’t a “nice-to-have”; it is critical to success.
The Spring Executive Panel & Networking Symposium focused on emerging supply chain trends and acknowledged those emergent leaders contributing to manufacturers, supply chain professionals and distributors to improve their education, lead times, forecasting, data analysis and supplier relationships.
Empowering people to make the right decisions in your organization can be the key to getting the right results in a variety of business cases including inventory management.