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inventory management

Turning Data Into Dollars

Extract the right data at the right time in a meaningful format for decision-making. Almost every company I work with seems to get caught up in the bells and whistles of their new or upgraded software; however, when push comes to shove, the bells and whistles mean nothing if [...]

Project Failure: How to Avoid Top Causes

Communication is vital to project management success. Are you looking for different methods to make certain your messages is getting across? Published in "ExecutiveBrief" website, April, 2013 So much of an organization’s success is tied to project success! Can you think of any significant organization initiative or improvement that [...]

Driving a Winning Culture

How do you and your organization develop or maintain a winning culture? In my 20 years of experience in working with multiple companies across multiple industries and globally, there is a lot of talk about culture; however, little to no impact - bottom line results. On the other hand, [...]

Increasing Cash Flow through Supply Chain Improvements

Published in "The ACA Group" website, March, 2011 As we are emerging from the recession, we are by no means returning to the high growth days of the past. Instead, the new normal is here to stay - slow growth for those who stay ahead of the curve, tight [...]

Lessons Learned: ERP Failure

How effective is your ERP selection and implementation process? Published in "The ACA Group" website, November, 2011 ERP system implementations fell off the grid during the recession; however, I've seen resurgence in the last year. Companies are thinking about investing again. However, although businesses are picking up, they are [...]

Succeed During These Turbulent Times – Manage for Cash Part 1: Manage Inventories

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. As one of my mentors used to say, the best problem to have is a cost problem [...]

Tips for surviving a physical inventory

Prepare, prepare, and prepare: 80% of your success is in preparation. Organize the warehouse, clearly mark areas, label exceptions, complete and review system transactions, etc. Stop / isolate movement: When you begin your physical count, stop all physical and system movements and transactions. This is a critical foundation - [...]

Tips for decreasing inventory levels without affecting your customers!

A few best practices for reducing inventory levels without negatively impacting customer service include the following:  Put the "right" people in the "right" jobs - it is amazing how much this one point contributes to success. Managing inventory levels requires a unique skill set - analysis, seeing the bigger [...]

Achieving Inventory Velocity “and” Customer Delight

Do these hypothetical situations sound familiar? Acme Company has a large, priority customer called Wylie Company. Acme must service Wylie flawlessly to maintain the contract, so to ensure stock is always available when Wylie needs it, Acme agrees to a guaranteed safety stock level for Wylie. And, Acme ends [...]

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.
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