On the lighter side…you know you have an inventory problem at work when:
- Trucks with incoming material mysteriously get lost and don’t make it to the receiving dock until the day after the end of the month.
- The inventory analysts go around with crowns on their head to remind them that Cash is King.
- You have multiple ways to define an inventory turns metric.
- You automatically calculate the carrying cost of your groceries when you go shopping
- Product marked as ‘sold’ hasn’t quite made it out of your building or invoiced
- You take a few liberties categorizing the inventory… expense, capital or sales??
- You suddenly have an increase ‘in transit’ inventory and some of it is in the middle of the ocean
- Your best customer is called ‘We Haul Your Junk’
- You go to bed counting inventory bins instead of sheep
- The Job description of your Buyers in the Procurement dept has changed to Sellers
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Tags: Inventory
Posted in Inventory management
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