What you’ll learn

Discover how to set key performance targets and ensure you always have the right amount of inventory on-hand to meet supply and demand.

Topics covered

  • Identify gaps in inventory management

    Five questions to analyze your inventory management practices.

  • The connection between inventory, sales and profits

    Holding too little can cost you time and sales; too much and you tie up your cash and floor space.

  • Symptoms of poor inventory management

    Lack of control, misalignment and lack of space.

  • Recommended key performance indicators (KPIs)

    Establish a KPI dashboard to continuously track inventory management practices.

Format

PDF

Length

18 pages

Read time

12 min

Category

Operations

View an excerpt

Who is it for?

Entrepreneurs

Diagnose wasteful practices and build a foundation for improvement

Operations managers

Set targets by putting in place key performance indicators (KPIs) to continuously monitor and improve inventory turnover and accuracy

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