Last Time Buy and Inventory Ownership Solutions

By Michael Stratton

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,…

Supply Chain Solutions

By Michael Stratton

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…

Supply Chain Inventory Challenges

By Michael Stratton

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…