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Production & Inventory Management

Why Care About Systems Transactions?

Systems transactions are often treated as an afterthought but are critical to building a stable foundation for your business. As mundane as system transactions seem, I continually find that whether or not they are deemed a priority can make the difference between a successful operation or not. The bottom [...]

Should We Always Aim to Reduce Inventory Levels?

Though reducing inventory is generally advisable special situations arise when stocking inventory makes good business sense. Certainly reducing inventory on hand is typically preferred as you can accelerate your cash flow. It is one of the key focus areas of my consulting practice. I have found that reducing inventory [...]

I Can’t Find What I Need in My Warehouse!

Inventory accuracy depends on so many moving parts. But a top-to-bottom understanding of the process combined with speedy adjustment responses would dramatically improve accuracy, thus, boosting business results. How many times have we heard this? Or, perhaps your inventory resource will keep looking until he/she finds it; however, it [...]

Cycle Counting by ABC

Inventory accuracy is fundamental to manufacturing and distribution. A 3-tiered cycle counting system can simplify inventory management while improving accuracy.

Often Overlooked Value of Production Planning

Developing and maintaining a working production plan is no easy feat, but the best planners make the job seem effortless. Production planning is often overlooked as to its true value. Perhaps it is because it is often delegated to lower-skilled resources? Or perhaps it is because it is in [...]

Cycle Counting Remains Core to Success

Inventory management relies on fundamentals like cycle counting to catch discrepancies. But it has to be coupled with a focus on process disciplines or you’ll end up reliving the same problems every day. I've started working with one of my clients on a cycle count program, and so I'm [...]

Inventory Velocity

By implementing a SIOP process you’ll be in a better position to leverage your resources for a speedier inventory velocity. Inventory velocity not only accelerates cash flow but it also can contribute to margin improvement. How do we turn inventory faster and keep our money in motion vs. stagnating in the back of our warehouse?

Tips for Physical Inventory Success

Completing a physical inventory is a necessary part of inventory management because accuracy doesn’t just happen, it needs to be achieved. Inventory accuracy is cornerstone to success. It is a bedrock topic to improving service levels, reducing lead times, increasing margins, improving efficiencies, reducing inventory levels….and the list goes [...]

Master Scheduling Strategies to Add Value

A master schedule is an integral part of your production plan and communications to your team to centralize focus.

A Planning Mindset

Planning is essential for business management, but by really embracing it and getting into a planning mindset you can figure out innovative, improved strategies across all segments of your company. Developing a planning mindset can be invaluable to not only planners but also to any supply chain management employee/ [...]

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