Muddassirism

  • Tools
    • Materials Management Competency Assessment
    • ABC Analysis Tool
    • Advanced Supplier Evaluation
    • S&OP Maturity Model – How Good is your S&OP? Do This Self Assessment
    • Supplier Development Check List
    • Warehouse Operations Assessment
    • 5S Audit Tool
    • Inventory Management Assessment
    • Warehouse Safety Checklist Tool
  • Books
  • Guides
  • Courses
  • Videos
  • About us
  • I Talk & Train
    • I Talk.

      The goal of my keynotes is to motivate through inspiration and stories of transformation, with liberal doses of education.

      Learn More
  • I Write.
    • I Write.

      Looking for a way to work with me and promote your business, service or product?

      Learn More
      — or —
      pick my brain
  • I Coach.
    • I Coach.

      So what defines a career coaching….

      “Advice and counsel from more senior leaders, who are willing to share their insightful sharing of experiences and gives you career guidance and growth tips”

      Learn More
      — or —
      pick my brain

  • I Optimize.
    • I Optimize.

      Inventory Analysis and Supply Chain optimization services included detailed problem solving, technical details & data, knowledge sharing, and detailed summary report.

      Learn More
      — or —
      pick my brain

Inventory Management 24

2 months ago Inventory Management

16 Reasons Why it is a Good Idea to Increase Inventory!

Increase Inventory

When I wrote the article 18 Targeted Inventory Reduction Strategies for Supply Chain Professionals, I got some criticism from some of my readers that I am misleading the supply chain community and there are equally valid and reasonable reasons where we should actually increase inventory! Fair point? The benefits of inventory management is undisputed, and… Continue reading

Get Excess and Obsolete Inventory Policy Guide
3 months ago Inventory Management

Optimizing Inventory and Lead Time Management

Optimizing Inventory and Lead Time

The impact of lead time on inventory is well known, but in the real world the relationship can be much harder to define when multiple product types, management systems and sites are involved. A lack of central planning compounds the problem by impairing the end-to-end view of inventory positions. This study explains how Optimizing Inventory… Continue reading

Get Excess and Obsolete Inventory Policy Guide
3 months ago Inventory Management, Supply Chain Management

What is Plan for Every Part (PFEP)- 4 Levels of Benefits

What is Plan for Every Part

What is Plan for Every Part (PFEP)? PFEP – an acronym is originating from the Lean Community. The PFEP is used to define a plan (at part level) for the most efficient replenishment and movement of each and every part used in business through the complete Supply/Value Chain   Material handling is always a big… Continue reading

Get Excess and Obsolete Inventory Policy Guide
1 year ago Inventory Management

7 Rock-Solid Inventory Management KPIs Proven to Control Your Inventory

Inventory Management KPIs

Every business person understands that the essence of inventory in the running of a business is huge and should not be overlooked. The reason for this is that overlooking may lead to a number of challenges for a business. Such challenges vary from missed sales, high inventory carrying cost, warehouse space issues, poor customer delivery,… Continue reading

Get Excess and Obsolete Inventory Policy Guide
1 year ago Inventory Management

12 Websites to Liquidate Inventory & Make Money from Excess Inventory

liquidate inventory

Excess & Obsolete inventory is the most common problem in supply chain. However, Excess inventory does not have to become a liability. Rather than incur more inventory carrying cost on excess inventory, there are some practical opportunities to sell and make cash when you liquidate inventory. Thanks to consistent technological advancement, it is now possible… Continue reading

Get Excess and Obsolete Inventory Policy Guide
1 year ago Inventory Management, logistics, Supply Chain Management

INVENTORY CARRYING COST – 9 PAINFUL CONTRIBUTORS YOU SHOULD TRACK

Inventory carrying cost

Inventory carrying cost describes the cost incurred by a business for holding inventory over a particular period of time. Similarly, inventory carry cost is the sum total of expenses which a company acquires as a result of storage. The costs include taxes, insurance, cost of obsolesce, shrinkage, warehouse, damage and relocation. As long there is… Continue reading

Get Excess and Obsolete Inventory Policy Guide
1 year ago Inventory Management, Management Science, Sales and Operations planning

14 TESTED FORECASTING METHODS YOU NEED TO KNOW AS A SUPPLY CHAIN PROFESSIONAL

Forecasting Methods

We all know the importance of demand forecasting in the supply chain, but the question people mostly ask which of the many forecasting methods is best suited for us? In my experience, Made-to-stock business has to forecast because that’s how they decide what to build. If there is no forecast and you are buying from… Continue reading

Get Excess and Obsolete Inventory Policy Guide
1 year ago Education, Inventory Management

Importance of Inventory Management – 14 Awesome Benefits You should know

Importance of Inventory Management

Do you know the importance of inventory management?I am sure most of you will say yes! But do you know the full range of benefits of inventory management? Inventory management enhances business operations with the effective flow of goods and services. Inventory Management and control implies the controlling of business stock or controlling the movement… Continue reading

Get Excess and Obsolete Inventory Policy Guide
2 years ago Inventory Management

Excess and Obsolete Inventory Is Killing Your Business – 9 Ways You Can Survive

Excess and obsolete inventory

Amongst the big issues killing any business valuation is the volume of inventory at hand that is placed as excess and obsolete. Excess and obsolete inventory is the outcome from several problems that ensue due to “a series of unplanned proceedings”, and often extends to many functions. For a typical business, the excess and obsolete… Continue reading

Get Excess and Obsolete Inventory Policy Guide
2 years ago Inventory Management

Inventory Rationalization: Observations made, lessons learned. [Expert View]

Inventory Rationalization

Definition: Inventory Rationalization   The article, “Controlling Just Noticeable Differences in Quality”, by Joseph M. Kamen, published in the November- December 1977 issue of Harvard Business Review has influenced me over my career.  In the article, Mr. Kamen talks about changes to products, process or operations that are almost so small as to not be noticed, but when… Continue reading

Get Excess and Obsolete Inventory Policy Guide
Page 1 of 3123»
  • EnglishEnglish
  • EspañolEspañol
Materials Management Technical Competencies Self Assessment Tool

Materials Management Competencies Assessment

Categories
  • Career Advice (33)
  • Conference Speaker (2)
  • Continuous Improvement (11)
  • Education (31)
  • Inventory Management (24)
  • Lean Six Sigma (16)
  • logistics (19)
  • Management Science (13)
  • Performance Management (4)
  • Procurement (31)
  • Redefining Supply Chain (3)
  • Sales and Operations planning (4)
  • Supplier Development (16)
  • Supply Chain Digitalization (2)
  • Supply Chain Management (76)
  • Supply Chain Strategy (14)
  • Systems & Software (12)
  • Tools (9)
  • Transportation (11)
  • Uncategorized (1)
5S – Kaizen Guide: Organizing the Workplace for Flow

5S Kaizen Guide

A Comprehensive Six Sigma Project Checklist

Six Sigma Project Examples

The Ultimate Guide to Inventory Planning Methods

Inventory Planning Method

Excess and Obsolete Inventory Policy Guide

Excess and obsolete inventory policy

Excess and Obsolete Inventory Policy Guide

Warehouse Audit Tool – To Improve Warehouse Performance

Signup for latest blogs and special offers! And get FREE 2700 Supply Chain Management Terms and Glossary once subscribe.

Newsletter signup

Please wait...

Thank you for sign up!

Stocktaking: The Ultimate Guide to Creating Your Very Own Customised Stocktake Procedure

How to Run a S&OP Process – Benefits, Steps & Barriers

sales and operations planning course

How to Link S&OP Process

Popular Posts
  • 21 Authentic Procurement Interview Questions and Answers Guide 252,046 views
  • Top 23 Supply Chain Interview Questions and Answers Guide 233,264 views
  • 17 Most Common Procurement Problems and Their Solution 50,289 views
  • 24 Excel Tips & Tricks to Becoming a Supply Chain Nomad 48,345 views
  • 27 Essential Logistics Interview Questions and Answers 43,983 views
Latest comments from readers
  • Stuart Rosenberg on Which is The Best Supply Chain Management Book? Top 7 for Beginners
  • Dr. Muddassir Ahmed on 7 Powerful Supply Chain Trends You Should Not Ignore
  • Best Supply Chain blogs Top 13 2021 : A Genuine Review on 5 Supply Chain Trends We Should Watch in 2021

Join more than 27,000 others

My posts. Your inbox. Beautiful.

Newsletter signup

Please wait...

Thank you for sign up!

Dr. Muddassir Ahmed

is a Manufacturing Operations, Procurement and Supply Chain leader from international multi-site manufacturing experience in Electrical, Hydraulics and Internet industries

More about me
— or —
pick my brain
Get in touch
  • I Talk & Train
  • I Write.
  • I Coach.
  • I Optimize.
Tags
Supply chainMaterials ManagementPurchasingResearch & ImprovementSupply Chain PlanningWarehouse ManagementLearningMaterial PlanningLeanSix SigmaSoftwareSystemAPICSleadershipS&OPManufacturingToolsspeakersupplychainDigital Supply ChainDistributionprocess improvementFinancewarehouse
Most Popular
APICS VS CIPS – What Should You Choose? [Revised & Updated]
72 Comments
Masters in Supply Chain Management
Masters in Supply Chain Management – Top 6 Universities in the U.K.
65 Comments
inventory reduction strategies
18 Targeted Inventory Reduction Strategies for Supply Chain Professionals
38 Comments
2020 © SCM Dojo ®