Why Is Inventory Accuracy Foundational to Success?
Inventory accuracy is foundational to success. Most clients aren't concerned about inventory, and they shouldn't be if they can count on what their system says.
Inventory Management: Go Back to the Basics for Success During Today’s Volatility GalleryInventory Management: Go Back to the Basics for Success During Today’s Volatility
Distribution & Warehousing, Inventory Management, Manufacturing, Production & Inventory Management, Supply Chain Planning, Supply Chain Trade & Logistics
Inventory Management: Go Back to the Basics for Success During Today’s Volatility
Volatility is the New Norm If there is one thing that is certain in today's world, it is that volatility and change are the new normal. VUCA (volatility, uncertainty, complexity, ambiguity) is top of mind for every client. For example, clients ask the following questions: What will happen next? [...]
Are You Managing Inventory or Is Inventory Managing You?
As executives continue to navigate these volatile economic conditions, the focus on inventory management increases. It is especially tough to determine what to do if you don't know if sales opportunities will dramatically increase as the competition falters and consumers drive demand or if sales will tank as recession fears increase and business optimism falters.
51 Expert Tips on Inventory Control Methods
“Inventory accuracy is cornerstone to success” says Lisa Anderson, The Manufacturing ConnectorSM and president of LMA Consulting Group, Inc., Claremont, CA. 51 Expert Tips on Inventory Control Methods Inventory control is a critical function for businesses spanning every industry. Without effective inventory control methods, the supply chain suffers, you’re not [...]
PR Newswire: Lisa Anderson to Share Inventory Accuracy Success Strategies at American Society of Quality GalleryPR Newswire: Lisa Anderson to Share Inventory Accuracy Success Strategies at American Society of Quality
In The News, Inventory Management, Manufacturing, Press Releases, Production & Inventory Management, Supply Chain Planning
PR Newswire: Lisa Anderson to Share Inventory Accuracy Success Strategies at American Society of Quality
Lisa Anderson discusses the importance of inventory accuracy for manufacturers & distributors to optimize profit & customer satisfaction.
Inventory Accuracy Pitfalls
The most common inventory accuracy pitfalls stem from minor problems but will snowball into bigger headaches if the root causes aren’t caught and resolved.
Solid Inventory Practices Remain Timeless
Are you keeping close tabs on your inventory management practices? Improving just one aspect of your inventory can lead to improved service, margins and cash flow. Inventory management remains a timeless and vital topic for success. Every so often, we get away from talking about it on a consistent [...]
Why We Should Pay Attention to Inventory
May 12, 2016 I presented on "Inventory Accuracy Remains Core to Success" at ASQ (American Society of Quality) Palomar tonight, and we had great questions and discussions on why inventory is important for success. In essence, it boils down to 3 C's - cost, cash and customer service. What [...]
Inventory Management Remains Core to Success
Inventory management may be a less exciting supply chain topic but it is the linchpin in a manufacturing or distribution business. No matter how many engaging conversations I have with clients, contacts and trade groups about emerging supply chain trends, the less exciting topic of inventory management often-times can [...]
Is Inventory Management Dead?
You can’t expect manufacturing or distribution success without securing base fundamentals such as inventory management. I received a note recently from one of my newsletter subscribers asking if inventory management is dead. He stated that he didn’t think there was a single session on inventory management at APICS 2015 [...]