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.
Forecasts are always wrong so why bother?
There is no downside in prioritizing additional time to forecasting - at the minimum; you'll have a better understanding of your customer's needs.
Customer Collaboration
Customer collaboration is always a good idea; however, leveraging customer collaboration during challenging economic times can be one of the keys to success.
Often Overlooked Options to Drive Revenue Growth
In today's new normal business environment, characterized by sluggish growth, tight liquidity, elevated customer expectations and a general theme of "more for less", there's no doubt revenue has to be a top priority.
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.
Capacity Planning
The need for improved capacity and staffing analysis and decision-making arises frequently as a critical success factor with my clients.
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.