New Year Inventory Resolutions

It’s 2018. Make this the year your organization achieves the goal of effective inventory management. That is, to meet or exceed your customers’ expectations of product availability with the amount of each stocked item that will maximize your organization’s...

We’re Too Disorganized to Improve

Last week I received a phone call from the owner of a distribution company who said he was “desperate” to improve his inventory performance. In a lengthy phone conversation, we discussed his company’s primary inventory challenges: • The quantities of products in his...

The First Key to Inventory Accuracy

Over the past several weeks, I have been working with two customers to improve the accuracy of their inventory. That is, to ensure that the on-hand quantities in their computer system agree with what is actually on the shelves in their warehouses. No matter how...