In today’s new normal business environment, cash is king and service is paramount! Effective inventory management is vital to both.
Implementing solid inventory planning processes provide the ability to not only reduce inventory levels (free up cash) but also improve service levels. I often consult with clients to help them reduce inventory levels while maintaining/ improving service levels, or I help them dramatically improve service levels with inventory planning process improvements. In addition, improving inventory accuracy levels also improves both outcomes – frees up cash and improves service levels.
I’ll be discussing these strategies at a presentation at APICS Orange County on November 16th. Learn more and join us – click here
© Lisa Anderson 2011. All rights reserved.
Tags: inventory management