Category: Inventory Management
7 Rock-Solid Inventory Management KPIs Proven to Control Your Inventory
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
Read More
12 Useful Websites to Help You Liquidate Inventory and Make Money
Liquidating excess and obsolete inventory is a common issue in supply chain management. Fortunately, it doesn’t have to be a liability. Instead of letting excess
Read More
INVENTORY CARRYING COST – 9 PAINFUL CONTRIBUTORS YOU SHOULD TRACK
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
Read More
14 TESTED DEMAND FORECASTING METHODS YOU NEED
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
Read More
Importance of Inventory Management – 14 Awesome Benefits You should know
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
Read More
Excess and Obsolete Inventory Is Killing Your Business – 9 Ways You Can Survive
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
Read More![Inventory Rationalization: Observations made, lessons learned. [Expert View]](https://www.scmdojo.com/wp-content/uploads/2018/08/Inventory-Rationalization-850x693-1-750x350.png)
Inventory Rationalization: Observations made, lessons learned. [Expert View]
Definition: Inventory Rationalization The action of attempting to explain or justify behavior or an attitude with logical reasons, even if these are not appropriate. The
Read More
Importance of Stocktaking – 7 Proven Advantages Which Defines the Purpose of Stocktaking for Your Business
In last 13 years, I have been conducting stocktaking every year. When I started as a graduate I was not really aware of the purpose
Read More6 Benefits of ABC Analysis
Get Excess and Obsolete Inventory Policy Dr. Muddassir Ahmed, Ph.D About the Author- Dr Muddassir Ahmed Dr MuddassirAhmed is the Founder & CEO of SCMDOJO. He is
Read MoreABC Analysis in Inventory Management
Get Excess and Obsolete Inventory Policy Dr. Muddassir Ahmed, Ph.D About the Author- Dr Muddassir Ahmed Dr MuddassirAhmed is the Founder & CEO of SCMDOJO. He is
Read More