Tough Inventory Questions


	Tough Inventory Questions

laraluna50

7-14-2008 2:27 PM

104 views

tags:

gsinnovate, on-demand, saas, technology, solutions, software

laraluna50 says:

how to make the right decision about inventory at the right time

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/31ce8d96-2329-4504-ac7a-bbbcd5a1828e/77D09970-7A33-4C3E-A27B-0EC2A04D57F0/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.gsinnovate.com/inventoryEdition/inventorymanagement/" href="http://www.gsinnovate.com/inventoryEdition/inventorymanagement/" style="font-size: 11px;">www.gsinnovate.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.gsinnovate.com/inventoryEdition/inventorymanagement/"><H1>Inventory Management: Make the Right Decisions at the Right Time</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.gsinnovate.com/inventoryEdition/inventorymanagement/"><P>When it comes to inventory management and decision-making, manufacturers often have more questions than answers.  Of course, there will always be questions about inventory control - How much do we have?  Where is it located?  How soon can we get it?  Do we need to reorder?</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.gsinnovate.com/inventoryEdition/inventorymanagement/"><P>Some complex inventory management questions might include:</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.gsinnovate.com/inventoryEdition/inventorymanagement/"><li style="margin-left:16px;padding-left: 0px;">What minimum/maximum quantities should we keep on hand to maintain a good balance between supply and demand?</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.gsinnovate.com/inventoryEdition/inventorymanagement/"><li style="margin-left:16px;padding-left: 0px;">How can we track the movement and location of materials and supplies from their source, at multiple sites, in-transit, and right to the receiving dock?</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.gsinnovate.com/inventoryEdition/inventorymanagement/"><li style="margin-left:16px;padding-left: 0px;">How can we design a supply network to optimize our sourcing and distribution strategies to increase efficiency and reduce waste?</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.gsinnovate.com/inventoryEdition/inventorymanagement/"><li style="margin-left:16px;padding-left: 0px;">What industry best practices can we follow in implementing initiatives such as eKanban, or Vendor Managed Inventory?</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.gsinnovate.com/inventoryEdition/inventorymanagement/"><H3>The Answer? Enterprise-Wide, Multi-Functional Inventory Management</H3></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/77D09970-7A33-4C3E-A27B-0EC2A04D57F0/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>