Inventory is circling back in importance and will become a hot topic again as customers expect immediate, customized deliveries with the expectation of easy returns and last-minute changes to orders in production, in the warehouse or in transit. What are you doing to get ahead of this ‘new normal’ assumption?
Lisa Anderson discusses the importance of inventory accuracy for manufacturers & distributors to optimize profit & customer satisfaction.
Increased margins and company growth are easier to reach when process disciplines are emphasized within an organization
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.
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.
There is a LOT you can do this week to improve your integrated planning process.
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.
Inventory can often be overlooked in its importance because it is such a bedrock topic
Oftentimes we spend countless hours planning a project with details, responsibilities and timelines, only to forget to work the plan. Once a plan is done, refocus your energy to execution.
I cannot tell you how many disagreements I've seen over the years on the optimal planning method.
