We buy inventory so you don't have to.
As we move into 2021, it has become clear that many of the issues that plagued the previous year are not going to go away lightly. In fact, until a vaccine has had worldwide distribution, it can be expected that the current status quo will remain untouched, with high uncertainty remaining within various supply chains…
Inventory is usually the largest asset, as well as the largest expense item for OEMs’ and their contract manufacturers. In fact, ten of the top companies on the Dow reported carrying over $40 Billion of inventory. As you can imagine, these companies have very sophisticated inventory management systems…but, even they can’t avoid increasing inventory levels,…
If you’ve worked in supply chain, you know that optimization is key for day-to-day management. Supply chain management is not easy and it comes with a plethora of ongoing struggles: operating on thin margins, trying to improve working capital, carrying too much inventory and the costs associated with carrying that inventory, excess materials…this list could…
It can happen to anyone at anytime. Your product has been in production for years, and suddenly you get the message from one of your suppliers and a component is on its way to obsolescence. Once you hear this, you suddenly have an elephant in the room sitting next to you named Last Time Buy. …
There are thousands of companies out there that wear the shackles of supply chain struggles. Just when you think everything is going as “planned”, the littlest issue can cast a shadow that looks similar to that of a giant mountain. The word planned is noted above because anyone who has been part of supply chain…
Running a supply chain operation comes with a great deal of the unexpected. For years companies have tried to optimize and streamline their supply chains, only to have the littlest frustrations pop up in the most untimely manner. And when I say the littlest thing, I mean something as small as a duplicated spreadsheet, or…