3 New Year's Resolutions for Better Inventory Control

3 New Year's Resolutions for Better Inventory Control eFood-ERP Resolution #1 - Justify It Justify why every slow moving product item remains in inventory. Most warehouses are filled with two things: a) Stock Products your customers expect to be available for immediate delivery b) Stuff Everything else Resolution #2 - Question It Successful companies insist that each new product or product line request starts with a new product questionnaire. 15 Questionnaire 12 50 60 Resolution #3 - Measure It ..... Follow the old adage, people will do what you inspect, not what you expect. We have found two metrics best analyze a buyer's or inventory planner's performance: a) Inventory Turnover b) Customer Service Level Want to know more about these inventory best practices? Visit http://www.efooderp.com/download/3-New-Years-Resolutions- For-Better-Inventory-Control.pdf to download the white paper. www.eFoodERP.com 3 New Year's Resolutions for Better Inventory Control eFood-ERP Resolution #1 - Justify It Justify why every slow moving product item remains in inventory. Most warehouses are filled with two things: a) Stock Products your customers expect to be available for immediate delivery b) Stuff Everything else Resolution #2 - Question It Successful companies insist that each new product or product line request starts with a new product questionnaire. 15 Questionnaire 12 50 60 Resolution #3 - Measure It ..... Follow the old adage, people will do what you inspect, not what you expect. We have found two metrics best analyze a buyer's or inventory planner's performance: a) Inventory Turnover b) Customer Service Level Want to know more about these inventory best practices? Visit http://www.efooderp.com/download/3-New-Years-Resolutions- For-Better-Inventory-Control.pdf to download the white paper. www.eFoodERP.com