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Inventory Optimization

73 ways to reduce your Supply Chain Inventory making your organization more profitable and your customers happier

Source: BMS Associates - Ben Schlussel, 2017

About the Author

Being in a manufacturing, assembling, distribution or repair service function- the inventory mix is the trade-off between smooth operations supporting high service levels and frozen capital accompanied by increased carrying costs. The solution is obvious- inventory optimization.

To achieve this goal, we will be exploring opportunities in Procurement, Shipping and Receiving, Storage, and Production as well as in the planning and inventory transactions.


16 Opportunities in Procurement

 

 

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