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5 Major Types of Inventory Waste Your Business Needs to Know to Cut Costs featured image
August 21, 2018
3 Minute Read

5 Major Types of Inventory Waste Your Business Nee...

Inventory waste is considered one of the seven major wastes in lean manufacturing and does not just encompass damaged or obsolet......
Topic: inventory management lean inventory waste reduction
Too Much Inventory or Too Little: Finding the Balance featured image
March 31, 2018
2 Minute Read

Too Much Inventory or Too Little: Finding the Bala...

Running short of inventory is a cardinal sin in wholesale or manufacturing inventory management; putting aside lost sales, not h......
Topic: just in time inventory lean inventory lean inventory management
Lean Business - What Does it Mean? featured image
October 2, 2017
3 Minute Read

Lean Business - What Does it Mean?

Lean business essentially involves maximising customer value while reducing or eliminating waste from the production process. Le......
Topic: GB inventory management lean inventory lean manufacturing manufacturing UK
Uncertain Transportation Costs: An Opportunity to Become More Efficient featured image
May 1, 2017
2 Minute Read

Uncertain Transportation Costs: An Opportunity to ...

Uncertainties in transportation capacity, underlying costs and demand mean that the cost to merchants can be difficult to unders......
Topic: efficient inventory management increase lead times lean inventory ship off-peak transportation costs
Excel spreadsheets are passé featured image
March 17, 2017
2 Minute Read

Excel spreadsheets are passé

Using Excel spreadsheets to manage inventory, financials and business reporting is costing your company time and money. Here’s......
Topic: clean data cloud-based software Excel spreadsheets lean inventory manual data entry
Highlights of Just-In-Time Inventory featured image
March 11, 2017
3 Minute Read

Highlights of Just-In-Time Inventory

Just-In-Time (JIT) inventory is a strategy used to increase efficiency and minimize waste in the manufacturing process, increasi......
Topic: eliminate waste JIT just in time inventory lean inventory manufacturing processes
Is Better Inventory Key To Manufacturing Success? featured image
December 10, 2016
3 Minute Read

Is Better Inventory Key To Manufacturing Success?

Manufacturing is relatively unique in the sense that a much higher level of inventory precision is required to successfully scal......
Topic: assembly costs cost visibility lean inventory manufacturing costs perpetual inventory
Six ways software can keep your stock accurate featured image
December 2, 2016
2 Minute Read

Six ways software can keep your stock accurate

Accurate inventory an effective way of controlling costs, which is why employing inventory software tools will keep stock accura......
Topic: integration landed costs lean inventory serial numbers software as a service
The benefits of lean manufacturing for the food and beverage industry featured image
October 25, 2016
4 Minute Read

The benefits of lean manufacturing for the food an...

Lean manufacturing and Total Quality Management (TQM) first came about through the work of Henry Ford, followed by Toyota in Jap......
Topic: cost reduction customer demand food and beverage lean inventory manufacturing
How best to manage the risks you could be exposed to in your supply chain featured image
October 24, 2016
3 Minute Read

How best to manage the risks you could be exposed ...

There are many risks in the supply chain that can drastically affect a company’s profitability, reputation and ability to func......
Topic: lean inventory profitability risk management suppliers supply chain management

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