Tips for reducing inventory in a global market December 4, 2010
Posted by PPandT in Uncategorized.trackback
Do you have the data available to manage inventory levels globally? Here are the 4 things required to get stared;
- Physical inventory accuracy- needs to be 95+%,
- Lead times- Must be accurate and current,
- Safety stock rationalization plan- Critical to have a good one,
- Demand forecast- Without one, you’re driving blind
Want to chat with an expert on how to get started, send a quick note to solutions@ppandt.com
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