5 Ways to Reduce Inventory Right Now
Safety stock always seems to creep up on demand planning teams, tying up significant cash and pushing the department further under the cost-center microscope. In fact, wholesale distributors often carry 10% to 20% more inventory than what is necessary.
Reducing this financial burden is easier than you think.
There are 5 mistakes that trigger demand planners to replenish inventory too early. Fix those, and you’ll be able to buy smarter and free up incredible amounts of capital for your organization – in a surprisingly short period of time.
Read this article from PlanningPosts to learn how you can quickly reduce inventory without losing any points off of your customer service levels.