Small Discrepancy in Stocktaking Results, Can It Be Ignored?
by Stock taking or stock counting is one of the routine processes carried out in the warehouse. The goal is to count how many assets you …
Category: Inventory
Costs / Inventory / Planning / Warehousing
Can Excess Inventory Benefit Your Business?
Keeping excess inventory is not good. I’m sure those of you who work in supply chain management agree on that. Excess inventory disrupts your cash …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
Why the Right Mindset is Needed in Supply Chain Management
In a monthly meeting with the Board of Directors, a supply chain manager I know brought up their excess inventory levels. Conditions at that time, …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
How to Treat KPIs the Right Way to Improve Your Supply Chain Performance
Some people just want to show good KPI numbers. They want to avoid questions from Top Management why their KPI targets were not achieved. There …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
Why Just Understanding Supply Chain Management Is Not Enough To Make Supply Chain Operations Better
Mastering all the theories and concepts about supply chain management is not enough to make someone successful in running, let alone improving, the supply chain …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
How Wrong Supply Chain Decisions Can Bring a Business Down
When it comes to the supply chain, bad decisions can kill a business. And it was true. We’ll talk about this in this post. But …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
How to Set Cost Reduction Target Based on Supply Chain Cost Drivers
In the supply chain, you have to pay a lot of costs to keep things running. You must, of course, keep an eye on and …
Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
6 ERP System Implementation Challenges You Must Overcome
A business has an ERP system set up. But over the years, they haven’t used all of its functions to their fullest potential. They only …
Container Yard VS Warehouse for a Manufacturing Business: Which is More Profitable?
In the last post, I talked about how to run a container yard. This time, I’ll talk about whether or not it would be better …
Stocktaking Faster with Zero Inventory, Here’s How
Stocktaking, also called stock counting, is a common task in the supply chain. It is done to make sure that the inventory you store matches …