Posts by Richard Cushing

Regaining control: Inventory management best practices (Part four)

RichardCushing

Regaining control: Inventory management best practices (Part four)In part one of my inventory management best practices series I argue that inventory cannot be managed until it is controlled, and present the notion our general willingness to apportion blame upon unreliable data from enterprise resource planning (ERP) systems is misplaced.

This isn’t because the ERP system is flawed. Further investigation reveals that external forces—controllable forces—exert influence upon the system, skewing data to a point at which it becomes unreliable.

In the final part of my inventory management best practices series, I take a look at some additional practices that are important, or even crucial, to successful supply chain efforts.

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Regaining control: Inventory management best practices (Part three)

RichardCushing

Regaining control: Inventory management best practices (Part three)In part one and part two of “Regaining control: Inventory management best practices”, we talked about controlling inventory, before being able to competently manage inventory.

Here in part three, we’ll explore what other important supply chain inventory management best practices.

This time around, we make specific recommendations on units of measure, the importance of repacking and resealing, and value of dedicating time to cycle counts.

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Regaining control: Inventory management best practices (Part two)

RichardCushing

Regaining control: Inventory management best practices (Part two)

In part one of “Regaining control: Inventory management best practices,” Kinaxis guest blogger Richard Cushing talked about the fundamentals of controlling inventory and why it’s vital to have before being able to competently manage inventory.

With that in mind, Cushing outlines additional inventory management best practices in part two of his four part series.

From part numbers and labeling to being strategic about the location of your warehouses, getting organized will help you better manage your assets and regain control of your supply chain.

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Regaining control: Inventory management best practices (Part one)

RichardCushing

Inventory management best practices - part oneIt happens to be axiomatic that you cannot manage your inventory if you do not control your inventory.

Many times, I have been told, “Our people just don’t trust the numbers they see in the enterprise resource planning (ERP) system. Everything has to be double-checked.”

Usually, this statement is followed by some negative comment about the ERP system being unreliable.

After digging around a bit, more of the true picture emerges. The numbers (read: quantities) in the ERP system aren’t reliable because, while the company is busy “managing” its inventory, it has pretty much neglected the matter of “controlling” their inventory.

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Building stronger supply chain customer relationships

RichardCushing

Building stronger supply chain customer relationshipsThe first imperative of management in any for-profit enterprise must be to create customers. Without customers, there are no profits; only costs and expenses.

If the above statement is true, then to maximize the return on investment (ROI)—since it is almost always more expensive to create new customers than to sell to existing customers—management’s second big imperative is to build stronger supply chain customer relationships.

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