Inventory Health Part 3: Increasing Stock Turn

Inventory Health Part 3: Increasing Stock Turn

Having considered the importance of relationship management and using your team’s knowledge to look behind the numbers, we’re going to consider the vital statistic for inventory health: stock turn. The rate at which your business turns its stock is a crucial indicator...
Inventory Health Part 2: Knowledge Matters

Inventory Health Part 2: Knowledge Matters

Strong management of the complex relationships and moving parts that determine inventory health requires quality information and proactive decision making. We looked previously at the importance of freeing your team from laborious tasks and equipping them with...
Inventory Health Part 1: People Matter

Inventory Health Part 1: People Matter

Strong inventory management was a key element in our focus on recovery and resilience. We’re going to take some time to consider this in more detail as inventory health is one of the most important aspects of supply chain management. With valuable resources tied up in...
Recovery and Resilience: Looking Ahead

Recovery and Resilience: Looking Ahead

As we’ve discussed over the last month, the supply chain is the engine of any retail and wholesale business model. When things are not running smoothly, the operation is stuck in a lower gear and the only way to create organisational resilience is to take steps to...