3 Common Inventory Management ‘Sins’—And How to Avoid Them
Logistics Bureau
NOVEMBER 23, 2020
Three rules are really important in inventory management. These are the A-lines and should be prioritised in the warehouse. Excess inventory. 3) Draft an Inventory Policy. If you don’t have an inventory policy: 1) You won’t get consensus. 4) Comparisons will be impossible. 2) Forecast Demand. Hidden costs.
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