{"id":1135,"date":"2017-01-09T21:59:01","date_gmt":"2017-01-09T21:59:01","guid":{"rendered":"https:\/\/www.aiminsight.com\/?p=1135"},"modified":"2021-02-17T12:44:18","modified_gmt":"2021-02-17T20:44:18","slug":"inventory-costs","status":"publish","type":"post","link":"https:\/\/www.aiminsight.com\/blog\/uncategorized\/inventory-costs\/","title":{"rendered":"Inventory Costs"},"content":{"rendered":"<p><strong>Inventory Costs<\/strong><\/p>\n<ul>\n<li>You lack the tools and information to optimize your purchasing.<\/li>\n<li>You cannot forecast far into the future.<\/li>\n<li>Your forecasts are not accurate.<\/li>\n<li>Unknown forecasts based on history or sales projections.<\/li>\n<li>Unknown seasonal inventory.<\/li>\n<li>Your vendors\u2019 performance have decreased over the past year.<\/li>\n<li>You do not send bids to your vendors.<\/li>\n<li>Of multi site operations (if muti site) you do not operate hub &amp; spoke.<\/li>\n<li>Do not have centralized purchasing.<\/li>\n<li>Do not have visibility into all locations.<\/li>\n<li>No items on orders.<\/li>\n<li>On PO\u2019s you find yourself frequently transferring inventory between locations.<\/li>\n<li>Unknown impact it has on cost.<\/li>\n<li>Uncertain how to determine which location to have items shipped to.<\/li>\n<li>You cannot take advantage of vendors drop shipping items direct to your customers.<\/li>\n<li>There is increase in shipping costs<\/li>\n<li>You have to expedite items due to poor forecasting or promotions.<\/li>\n<li>Uncertain how it will reflect cost.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019 performance&#8230; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1135","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts\/1135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/comments?post=1135"}],"version-history":[{"count":1,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts\/1135\/revisions"}],"predecessor-version":[{"id":1137,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts\/1135\/revisions\/1137"}],"wp:attachment":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/media?parent=1135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/categories?post=1135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/tags?post=1135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}