Scientific systems exist today to help manage both sides of the equation; demand and supply, build versus buy, etc. Let’s start with basic inventory management and keeping stock levels accurate.
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Tags: Supply Chain Management, Inventory Management, Inventory Forecasting, Warehouse Software
How do you know your "A" items using ABC Analysis?
You use the ABC Analysis reporting to print a list of stock items in descending order of usage (importance) value, based on the quantity of stock used over the last 12 months, for example.
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