The latest edition of the IndustryWeek Manufacturing Business Challenge is out. It is entitled “Poor inventory management angers customers and suppliers.” The challenge profiles a manufacturer trying to implement lean manufacturing processes but struggling to get their inventory levels right. Too much inventory has cost implications that negatively impact operations performance and too little inventory undermines customer service and puts revenue and market share at risk.
Solutions are proposed by Kinaxis and Nari Viswanathan, vice president and principal analyst, Aberdeen Group.
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Tags: Inventory, Lean manufacturing
Posted in Inventory management, Lean manufacturing
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