It may come as a surprise that many companies have still not reduced the amount of inventory they keep in their supply chains.
In a recent post by Dan Gilmore at Supply Chain Digest, he details by industry how many companies have not appreciably reduced their inventory since 2004.
In a day and age when investment and the resultant ROI are critical, maybe people need to take a closer look at how to optimize their inventory levels throughout their extended supply chain.
Supply chain management software solutions can help and in recent projects customers have experienced inventory level reductions by as much as 60%. Viva la savings!
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Perceptant provide next generation Supply Chain Management, B2B e-commerce and EDI solutions that drive the integration, synchronisation and collaboration of global supply chains. For more information, please visit http://www.perceptant.com
While cost reduction is indeed important we should also consider the chaos excess stock creates in companies. These discussions may be of interest to FMCG readers.
Why – http://bit.ly/bYzx3y
Avoid – http://bit.ly/aZPw95
Solution – http://bit.ly/dvCOTV