Mar 20, 2016 | Forecasting, Inventory, Uncategorized
David J. Piasecki’s book Inventory Management Explained: A Focus on Forecasting, Lot Sizing, Safety Stock, and Ordering Systems has touched upon all the key aspects of inventory management. This book begins with a thought that only when you invest time and...Mar 9, 2016 | Inventory Control, Uncategorized
IKEA, the world’s largest furniture manufacturer and retailer, is a fine example of how effective inventory management can help a huge business with over 9,500 products in stock in every store run smoothly and live up to customer expectations. Drawing on this...Feb 8, 2016 | Inventory Control, Uncategorized
The best things in life are free — it’s a truism we all know but we seldom apply to business tools. While there are plenty of great and valuable paid options when it comes to business issues like inventory management or marketing, there are also plenty of free tools...