Cash is king in today's business environment. Supply chain offers vast opportunity in accelerating cash flow. Put the two together, and you can be one of the few companies to leapfrog the competition in the new normal.
In today's economic and business environment, cash is king. The critical importance of cash in businesses continues to rise.
Businesses continue to cut back as the economy continues to worsen - seemingly every day. Cutting costs in a reasonable and smart manner is required; however, cost cutting alone rarely achieves success.
Achieve accurate physical inventory counts through thorough preparation, halting movements, clear communication, and progress tracking.
effective inventory reduction strategies that maintain customer satisfaction, emphasizing skilled personnel and structured processes
How can the Acme Company situation change with inventory velocity?
The main goal of cycle counting is to cycle through your inventory to ensure inventory accuracy on a consistent basis.
Meant to protect investors and increase transparency in corporate accounting, implementing the Sarbanes Oxley Act takes some organizational introspection
As companies set priorities for 2010 or next year's budget, it is important to understand where to start. So, why should inventory accuracy be a top priority? It's required from an accounting standpoint. Typically speaking, inventory can be a substantial number on your financial statements. What could be more [...]
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.
