One of the first things I do for my clients is check for SLOB inventory (SLow moving and OBsolete/Dead). They are always surprised to find they are carrying $ millions in inventory that hastn't sold in 1 or 2 years!!!!
@supplychainsecrets Жыл бұрын
Hi Raul, that's one of the reasons why companies should check their inventory from time to time to save costs and avoid losing a large sum of money that could've been used for other business growth and development.
@rauljimenez5485 Жыл бұрын
@@supplychainsecrets Absolutely!!! The workflow that I create for them has the them check the stock weekly (for Class A), monthly (Class B) and by monthly (Class C). The key is automating the collection and analysis of data, that way all they have to do is check the reports and address the SKUs that have a warning.
@bhaveshrajyaguru6174 Жыл бұрын
I interested supply chain management masters and to you me sejesation
@supplychainsecrets Жыл бұрын
Suggest a Master Program? It really depends where you live, there are so many.