If you don’t have what your customer wants, you lose the sale. Perhaps you can order it, but that means the customer will ...
An inventory cycle, also called inventory turnover, or turns, is a measure of how many times during a given period a company sells an volume of products equal to the volume of supplies it keeps on ...
In Q4 2009 a majority of the increase in GDP was due to changes in private inventories. That can be a little confusing ... First, GDP is Gross Domestic Production. What is being estimated is "domestic ...
Business owners build up their inventories as part of a planned cycle of replenishment to cover normal monthly forecast product demands and prevent unnecessary back ordering or customer attrition ...
Ever wonder how a large, big box retailer keeps their inventory straight. If you’re like many small retailers, taking a full physical inventory can be a painful process. How does a retailer on a much ...
Anne Embrey, vice president of fulfillment operations for Replacements Ltd., said her company maintains too much aged inventory with about 4% of orders being categorized as ‘problem’ orders. Embrey ...
Avoiding excessive inventory carrying costs requires maintaining accurate inventory records. One of the most efficient ways to maintain that accuracy is by ...
Operating cycles and cash cycles are measures of how effective a company is at managing its cash. When a company invests in inventory, its cash is tied up until the items in question are sold. As a ...