Tips for surviving a physical inventory
Achieve accurate physical inventory counts through thorough preparation, halting movements, clear communication, and progress tracking.
Tips for decreasing inventory levels without affecting your customers!
effective inventory reduction strategies that maintain customer satisfaction, emphasizing skilled personnel and structured processes
Achieving Inventory Velocity “and” Customer Delight
How can the Acme Company situation change with inventory velocity?
The $1 million dollar planner
With all the competing demands within a supply chain organization, a $1 Million Dollar Planner is the person that can see the bigger picture and communicate just how the company’s objectives can be achieved.
Cycle Counting
The main goal of cycle counting is to cycle through your inventory to ensure inventory accuracy on a consistent basis.
Quality Tips
Manufacturers can no longer count on customer loyalty, but they can expect customers continued demands for quality products and service.
Is Your Inventory System Working?
In my experience in working with clients across multiple industries, geographies and sizes, I have no doubt that effective inventory management is far from a no-brainer, yet implementing a few secrets to success can yield dramatic bottom line results.
Bedrock Topic: Inventory Accuracy
Inventory accuracy is often overlooked, but it is vital to to bottom line business results. Although a bedrock topic, inventory accuracy is often overlooked in operations strategy discussions as it becomes an assumption or something that just should occur. However, I am constantly reminded of its vital importance and [...]
Got Cash?
You wouldn’t think so from the way companies are hoarding cash; however, in general, they have a stockpile of cash and remain leery to spend it. Last year, there was a 2% decrease in days working capital (DWC), according to CFO Magazine.
