How do you consistently achieve high service levels without carrying large volumes of safety stock for each inventory item? Hitting those rates of order fulfilment starts with inventory classification. Like so many models, the wholesale and distribution approach is...
We frequently talk about inventory optimization in terms of the ways in which it can help you better manage your supply chain. Perhaps you think of it as a ‘nice to have’ approach, something to incorporate in the future. You’d be wrong. There are quantifiable, in some...