Four Strategies for Smarter Inventory Control

Overwhelmed with inventory management and need a proven solution? Learn simple strategies for inventory management.

Inventory is a major investment for most companies and lower inventory is often an important management objective. However, simply lowering inventory without a plan is likely to increase the incidence of shortages, disappointing customers and losing business.

This paper will present four seemingly simple – but proven – strategies for smarter inventory control:

  1. Maintain accurate inventory records
  2. Proactive planning to avoid shortages and overstock situations
  3. Focus on improvement to get incrementally better over time
  4. Reduce lead times and lot sizes by reducing the “fixed” ordering cost

To learn more about how inventory control can improve your business, download this free whitepaper:

Better Inventory Control