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Let the (Excess) Inventory Flow!
Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both

low inventory turnover  inventory items with a low turnover. Inventory items falling in this category have relatively low rates of usage compared to the normal amount of inventory carried, and eventually become completely obsolete inventory . That is to say, the items have met the obsolescence criteria established by the organization. An example of obsolete inventory would be inventory that has been superseded by a new model or otherwise made obsolescent, and thus will never be used or sold at full value. While on the one hand Read More...
Help Desk for the Health Care Industry
Help Desk is an application for assisting and managing calls for support from computer users. It also includes computer and software inventory tracking along with technical support knowledge bas...
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Documents related to » low inventory turnover


Avoid the Perils of Service Parts Planning in Supply Chain Management
Significant differences exist between the new parts production supply chain and the service and replacement parts supply chain. Companies using conventional

low inventory turnover  for products with very low demand rates, inventory must be positioned in a large number of geographic locations. For example, Cisco , maintains inventory in over 700 locations including field locations, distribution centers, and repair centers. These locations may be owned by the manufacturer, distributors, third party logistics providers, or repair providers, and must manage not only the forward movement of inventory, but also the reverse logistics flows for return of damaged items. Incidentally, basic Read More...
Less Stock, More Profit: Inventory Optimization
Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI)

low inventory turnover  worse. This results in low service levels, disappointed customers and greater expenses due to rush delivery charges. Companies rarely get a second chance with new customers, and understocking increases the risk of lost business opportunities with significant long-term sales. Supply chain challenges The inventory impact is even more influential for larger companies with complex and global supply chains. Small changes in inventory levels can make a huge impact on the profit and loss of an organization. Read More...
Benchmarking: How Am I Really Performing?
Benchmarking, as defined by the dictionary, is

low inventory turnover  suggestion-selling our customers, while low CR is often caused by not approaching customers properly, or by an incorrect mix of merchandise (out-of-stock for best sellers, or no-stock for key desired items). The best way to increase AT and IPT is through suggestion, or what I often call education selling. This happens when a sales associate engages the customer and determines what their real need is. For every customer, the need will be different. If we are not there to help them then why are we there? Read More...
Lawson Standing Vertically in a Flat Economy
Lawson Software has hardly ever been associated with flamboyance and ostentatious behavior, let alone in these murky economic times. Still, its chief executive

low inventory turnover  them optimize production plans, lower inventory costs, and enhance customer service? What steps are you taking in these regards? For an exhaustive analysis if the needs of F&B companies see TEC ’s earlier series of articles entitled “Food and Beverage Delights. BEGINLYXe Read More...
How to Optimize Your Inventory and Free Your Capital
Inventory optimization enables companies to improve the performance of both the supply and maintenance functions. Your inventory optimization solution should

low inventory turnover  to Optimize Your Inventory and Free Your Capital Inventory optimization enables companies to improve the performance of both the supply and maintenance functions. Your inventory optimization solution should not only identify optimal holdings of each item, but do so automatically—and analyze usage, as well as adjust stock holdings and reordering points on an ongoing basis. Find out how inventory optimization can help you reduce downtime and increase productivity. BEGINLYX Read More...
Bluetooth Low Energy
When everything is connected using low energy, everything can be monitored and controlled from almost anywhere. Learn how.

low inventory turnover  Low Energy When everything is connected using low energy, everything can be monitored and controlled from almost anywhere. Learn how. Read More...
Grocery Chain Gains Productivity and Information Visibility for Better Inventory Control


low inventory turnover  Chain Gains Productivity and Information Visibility for Better Inventory Control Read More...
Retail Merchandising
Retail Merchandising systems allow users to effectively manage inventory across the enterprise, helping them to buy smart and sell through efficiently

low inventory turnover  Merchandising Retail Merchandising systems allow users to effectively manage inventory across the enterprise, helping them to buy smart and sell through efficiently. Retail Merchandising is highly effective for hard-line and soft-line retailers alike. Retailers benefit from features such as automated replenishment, native style-color-size-size2 item matrices, advanced allocation methods, and stock balancing. Total cost of ownership is further reduced by leveraging additional integrated modules within Read More...
The Exacting Needs of Metal Service Centers
General enterprise resource planning (ERP) providers that are viable companies with a solid product, typically do not meet the dimensional inventory, chemical

low inventory turnover  metal process center must allow the user enterprise to efficiently manage and control inventory, effectively plan production, perform the necessary quality control, and trace the process all the way down to the steel heat level used to meet particular national standard grades for items such as mild/carbon steel, stainless steel, aluminum alloys, etc. These companies also require software that can quickly configure quotes and orders based upon exacting customer specifications. Paramount to proper Read More...
Effective Inventory Analysis: the 5 Key Measurements
The white paper effective inventory analysis isolates and walks you through five simple measurements that will help you ensure you are maximizing t...

low inventory turnover  Inventory Analysis: the 5 Key Measurements As a distributor or manufacturer, how do you stack up when it comes to monitoring the performance of one of your largest investments: your inventory? Computer-generated reports can be more of a hindrance than a help—many systems produce so many reports, you can drown in them. Measurements that evaluate inventory performance? There are literally hundreds of them, so which ones tell you what you really need to know? The white paper Effective Inventory Read More...
What Your Refrigerator Can Teach You about Lean Inventory
A lean supply chain consists of two major components—lean manufacturing and lean distribution—which focus on satisfying customer demand efficiently, at the

low inventory turnover  demand efficiently, at the lowest cost, with the least amount of waste. But what if your replenishment strategy is your distribution center’s weakest link? To improve customer satisfaction and achieve efficiency and balance, your replenishment strategy must consider all the key variables. Read More...
CSN Achieves Streamlined Order & Inventory Management, Improves Customer Service


low inventory turnover  Achieves Streamlined Order & Inventory Management, Improves Customer Service Read More...
Driving the Change Agenda through a Low Overhead Program Office
You are your Projects! They maintain your corporate vitality. A Program Office can significantly contribute to strategy realization by ensuring that the right

low inventory turnover  Change Agenda through a Low Overhead Program Office IT Management Issue Projects are the primary way through which companies transform themselves and evolve as they pursue their vision & mission. Unfortunately, TEC research has shown that the majority of IT projects that wind up on the corporate agenda are created by line operations management or lower in the organization, and that less than 10% come from the executive level. This is a genuine cause for concern. Our research has also revealed that a vast Read More...
Case Study: How Novelis Slashed Inventory by Eight Million Pounds
Novelis is the world leader in aluminum rolling and beverage can recycling. Novelis produces advanced aluminum sheet and foil products for customers in high

low inventory turnover  Study: How Novelis Slashed Inventory by Eight Million Pounds Novelis is the world leader in aluminum rolling and beverage can recycling. Novelis produces advanced aluminum sheet and foil products for customers in high-value markets, including automotive, transportation, packaging, construction, and printing. Find out how scheduling technology improved some of its most important key performance indicators (KPIs). Read More...

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