Home » Inventory Costs

Inventory Costs

Inventory Costs You lack the tools and information to optimize your purchasing. You cannot forecast far into the future. Your forecasts are not accurate. Unknown forecasts based on history or sales projections. Unknown seasonal inventory. Your vendors’ performance have decreased over the past year. You do not send bids to your vendors. Of multi site operations (if muti site) you do not operate hub & spoke. Do not have centralized purchasing. Do not have visibility into all locations. No items on orders. On PO’s you find yourself frequently transferring inventory between locations. Unknown impact it has on cost. Uncertain how…

Read More »