I have applied the 9 steps to optimal ordering. Why is my inventory still out of balance?

Will the diligent application of the 9 steps to optimal replenishment orders we discussed in a previous blog post result in perfect inventory balance, high customer service levels and minimum inventory investment levels? The quick answer is no! Placing the…

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Why do I always have Excess stock?

Identifying some excess stock items may be as easy as walking around the warehouse and identifying the products that have not moved for ages. Those dusty old piles are most likely the worst form of excess; obsolete or dead stock. …

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I have an ABC analysis. Now what?

In our previous blog posts, we looked why you should classify your products into ABC and how exactly to do that. So now that you’ve learned more about the benefits of classification, the next logical question is “What do I…

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GM Idling Truck, SUV Factories 10 Weeks to Retool for New Models

https://www.industryweek.com/sites/industryweek.com/files/styles/hp_top_stories_main_standard/public/uploads/2017/04/gm-flint-assembly.jpeg?itok=_2fLuXF5GM plans to idle its pickup plants as well as its factory that builds the Buick Enclave and Chevrolet Traverse models.

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The Case for Supplier Development

https://www.industryweek.com/sites/industryweek.com/files/styles/hp_top_stories_main_standard/public/uploads/2016/05/thinkstockphotos-465075905.jpg?itok=F2MkS3ECSupplier development deserves another look as a way to achieve the goal of having a world-class supply base.

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Nike and Ford Caught in Crossfire of Trump's Trade Overhaul

https://www.industryweek.com/sites/industryweek.com/files/styles/hp_top_stories_main_standard/public/uploads/2017/01/trump-donald-g-poolphoto.jpg?itok=569B1lOo“Any company right now that is global is trying to understand what will change.”

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Top 25 Supply Chains of 2016

https://www.industryweek.com/sites/industryweek.com/files/styles/hp_top_stories_main_standard/public/gallery_promo_image/Top 25 Supply Chains of 2016 graphic3.jpg?itok=Wx9iZRv2Our look at the Top 25 (plus 2) Supply Chains of 2016 uncovers what the best companies in the world do, or are trying to do, to excel at managing their global supply chains.

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How to Keep Toxic Substance Inventories EPA Compliant

https://www.industryweek.com/sites/industryweek.com/files/styles/hp_top_stories_main_standard/public/uploads/2017/03/toxic-label.jpg?itok=CIXfIhTSThe chemical reporting obligation of the federal Toxic Substances Control Act will affect nearly every manufacturer, even those exempt from other kinds of EPA reporting.

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Apple Said to Mull China Supplier for Next-Gen iPhone Screen

https://www.industryweek.com/sites/industryweek.com/files/styles/hp_top_stories_main_standard/public/uploads/2017/02/apple-logo-g-jacktaylor.jpg?itok=5_JmNXirBOE, one of China’s largest screen makers, is spending close to 100 billion yuan (US$14.5 billion) building two AMOLED plants in anticipation of future business.

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10 Supply Chain New Year's Resolutions for 2017

https://www.industryweek.com/sites/industryweek.com/files/styles/hp_top_stories_main_standard/public/uploads/2016/12/supplychain-promo.jpg?itok=0TZbJMlhWhat can you do to improve the performance of your company’s supply chain? These 10 resolutions offer a great starting point.

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