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Tips for reducing inventory in a global market December 4, 2010

Posted by PPandT in Uncategorized.
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Do you have the data available to manage inventory levels globally? Here are the 4 things required to get stared;

  1. Physical inventory accuracy- needs to be 95+%,
  2. Lead times- Must be accurate and current,
  3. Safety stock rationalization plan- Critical to have a good one,
  4. 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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