The “Great Recession,” as it’s now called, has certainly hit every company pretty hard. Demand is down, fuel costs are up and uncertainty abounds. Supply chain professionals understand that today’s fuel surcharges are just part of the day-to-day hassles of managing incoming shipments.
Enterprise Mobility Solutions: Reduce Costs of Inventory Damage
How much does inventory damage cost your enterprise? Have you taken the time to define these costs and their impact on your bottom line? More importantly, do you know why…
Reduce Inventory and Receivables Financing Costs
There are two cost drivers that often mean the difference between making a profit on a sale and incurring a loss. One pertains to the high costs to finance inventory,…
Inventory Carrying Costs: Improve Accuracy and Cost Management
Interested in knowing how upgrading your manual processes to enterprise mobility hardware can help reduce inventory carrying costs for your company? Perhaps you are unaware of what these expenditures entail…
Carrying Costs Reductions with Supply Contracts
The right supply contract can effectively reduce your carrying costs, improve your vendor relationships and improve your company’s market position. Most Companies don’t take the time to define what their…
Inventory Counts, What are the Costs if They Get Low?
Do low inventory counts always equate to low costs? After all, inventory is more expensive the longer it’s held and maintaining low inventory levels does help to reduce the high…
Inventory – Measuring Savings
High Volume Purchases Versus a Company’s Inventory Carrying Costs: Companies are always troubled by that nagging concern of whether they have too much or too little inventory. It’s this constant…
What Should Your Company Include in its Inventory Carrying Costs?
Have you taken the time to define your company’s inventory carrying costs? More importantly, are you aware of how these carrying costs reduce gross profit and impact your company’s bottom…