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.
Why Start with Inventory Accuracy?
As companies set priorities for 2010 or next year's budget, it is important to understand where to start.
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.
Top 3 Causes of Poor Inventory Management
No matter why a client first calls, one of the challenges or areas of opportunity for significant gain stems back to inventory management.
Supply Chain Fundamentals Accelerate Performance
In today’s new normal business environment where volatility is the new norm, customers’ expectations are elevated and speed is king, you must stand out from the crowd.
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.
Supply Chain Excellence
To succeed in the new normal, supply chain can be your strategic advantage.
Just-in-Time Remains Justifiable
It seems very common that people get on the bandwagon of some of these philosophies like JIT, and they give up as opposed to understanding that it's not something trendy to do.