Squirreling is one of the biggest hindrances to successful inventory management for MRO businesses, and field service technicians tend to be the biggest squirrels of all. Ironically though, the squirrel problem is something of a vicious circle, being both a...
If your company is in the business of maintenance, repair, and operations, you should already be aware of the strengthening trend in service as a source of value, both in business-to-business and business-to-consumer marketplaces. Given this knowledge...
Did you ever hear that phrase about “never work with children or animals”? Sometimes I think that short list of hard-to-control entities should be amended to include inventory. For something that sits on a shelf until somebody moves it, inventory...
Is it a good idea to reduce working capital in a supply chain? Yes, in general. On the face of it, “working capital” might sound like something you’d want to increase. However, it corresponds to the amount of money you need to keep your supply chain working, so...
“The Year of the Monkey hasn’t started well Rob”. Michael, the Supply Chain Manager, was certainly looking a bit stressed. Sales were down, which was increasing their cost per case through the Supply Chain and supplier performance issues were causing inventory...
If you’ve never taken a cold hard look at your Distribution Network, do it soon! Because the wrong network in terms of facility numbers, sizes and locations could be increasing your Supply Chain costs by as much as 16%! I’ll explain why in this 16 minute...
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