5 Things That Can Go Wrong with Your Supply Chain
by Supply chains can be very complicated, and this makes companies more and more aware of how important it is for them and their suppliers to …
Category: Inventory
Costs / Inventory / Planning / Procurements / Warehousing
9 of the Most Common Reasons Why You Might Have Excess Stock
Company C is having trouble getting cash. All of their money is invested in their inventory items. So, it’s hard for them to pay for …
Costs / Inventory / Planning / Procurements / Warehousing
10 Ways to Reduce Supply Chain Costs by a Huge amount
Company B is trying hard to make more money than it did last year. Companies want to make money. And there are only two ways …
How to Reduce Your Company’s Inventory Effectively in 8 Ways
Here, I’ll tell you how to reduce on inventory. You already know how important it is to keep enough inventory on hand to meet sales …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
What is Sales and Operation Planning (S&OP) and What Happens If You Don’t Do It?
In this post, I’ll talk about what Sales and Operation Planning (S&OP) is, why it’s so important, and what happens if you don’t do this …
How to Implement Daily Closing, an Important Supply Chain Activity
You will almost certainly be familiar with the process of receiving raw materials, producing finished goods, and delivering them to customers if you work in …