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You don’t need to eat the elephant in one sitting
What level of forecasting is appropriate for your organization? The more trust the organization has in the forecasting function the more complex methods and tools can be leveraged. The less trust, the simpler the numbers need to be. While forecasting has existed in various forms for some time, in the regards to it as an […]
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Yes and…
It was pointed out to me that I should probably give a introduction on the blog. Why am I writing this, why now and who is it for? What’s with the contradictory name? Fair enough. To start, why did I not start with an explanation or stated goal for this project? The simple truth is […]
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Do you want less, or do you want better?
Inventory Reduction vs Inventory Optimization Both are valid initiatives, one should be an ongoing effort that needs to be systemized and supported, while the other is likely going to be more event based. Inventory reduction can be done for a whole host of reasons. Some of you may have found your way here from the […]
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What are you going to do with all that extra cash?
I know of very few universal ways as effective for a company to generate free cash as to reduce inventory. Let’s assume an organization has all the correct resources in place to successfully execute an inventory reduction effort, and let’s also assume that strategically the inventory reduction targets have been well defined, and tactically the […]
Nuance or Nothing 