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Inventory Optimization: Where to Focus and How?

Traditionally, it has been understood that to improve customer service you have to have higher levels of inventory. This ensures that orders are filled quickly. But it also means that the value of your inventory is high, to the detriment of your organization as it ties up cash and warehouse space that could be put to other and better uses. Managing inventory can be a daunting task for an enterprise... Keep reading

Popular Posts

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    Testing is the most important part of an ERP project and the success of this phase significantly drives the overall success of the ERP proje...
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    I will not talk about the process of data conversion or data migration during an ERP project but would like to share the best practices tha...
  • Strategy: Implement ERP Balanced Scorecard to transform business
    ERP is widely regarded as one of the strongest IT enabled initiatives that has the ability of transforming businesses and making them ready ...
  • Discussion: What key metrics to attack, to optimize your inventory?
    Traditionally, it has been understood that to improve customer service you have to have higher level of inventory. This ensures that order...
  • iPad supply chain success shows why Apple is no. 1 in AMR Top 25 supply chains
    The hype around iPad reached its pinnacle when Apple announced that from 12th March this year, they will start accepting pre-orders and from...
  • Lean Transformation through Value Stream Mapping
    Recently I got the opportunity to interact with Phil Coy, Chief Technology Officer for Future State Solutions and our discussion roamed aro...
  • SCM Strategy: Don’t press wrong buttons to reduce Cash to Cash Cycle
    Cash to Cash cycle is the one of the most important metrics to measure business performance and also it tells a CEO about how lean its busin...

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InfoVerto: Come for information - Stay with Knowledge

InfoVerto is a derived word blending english and latin languages and this means sharing of information and knowledge. This goes with the motive of this site that is dedicated to share best practices, ideas, trends, thoughts and opportunities in the field of Supply Chain Management and Enterprise Resource Planning so that corporates can save cost, increase ROI and improve general practices in these areas. Suggestions and requests for specific content required on a related subject are always welcome from all.

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SCM and ERP Notes by Puneesh Lamba is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 2.5 India License.

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These are purely my thoughts on different subjects and do not represent any community or group in particular. use the best practices, thoughts and ideas from this blog at your own risk
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